Seeking catalyst driven opportunity
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Friday (July 10) as of 10:00 a.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$64,306.73, up by …
Key Points Adobe continues to gain market share, with AI serving as a major catalyst instead of a headwind. Duolingo’s valuation has plummeted, even as the company continues to attract new users and deliver impressive revenue growth. Broadcom’s AI semiconductor revenue is surging, and it’s …
Key Points The “Magnificent Seven” is a cohort of stocks that includes market leaders, mostly in the tech sector. This group is made up of: Nvidia (NASDAQ: NVDA) Apple (NASDAQ: AAPL) Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) Microsoft (NASDAQ: MSFT) Amazon (NASDAQ: AMZN) Meta Platforms (NASDAQ: …
We’ll dig into Micron’s blowout quarter and how my system is helping find winners from the next phase of the AI boom Listen to the audio version of this article (generated by AI). In 1909, Theodore Roosevelt left the White House and set out for …
PepsiCo, Inc. PEP used its second-quarterearnings callto argue that the bigger story is not the modest earnings beat, but the split between a resilient international engine and a North America business still being rebuilt around affordability, portfolio shifts and away-from-home expansion. Management reaffirmed the company’s …
Key Points Netflix shares have fallen 29% since its last quarterly report, so expectations are low heading into next week’s financial update. Netflix is now trading for less than 20 times next year’s earnings, a historical low for a company with a rich history as …
Micron Technology MU received another vote of confidence from the auto industry after signing a long-term agreement with Ford F to supply memory and storage solutions for the automaker’s next-generation vehicles. The deal comes just days after Micron announced a similar supply agreement with General …
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Global X Artificial Intelligence & Technology ETF (Symbol: AIQ) where we have detected an approximate $356.2 million dollar outflow — that’s a 3.4% decrease week …
Key Points After its record-breaking initial public offering (IPO) and follow-up bond offering, Space Exploration Technologies (NASDAQ: SPCX) now has more than $100 billion in fresh capital to deploy. Expect this cash to be deployed quickly. SpaceX is currently losing money at a record pace, …
In the June 12 update, when the S&P 500 () was trading at around $7,422, I showed, using the Elliott Wave Principle, that a bounce to $7,440-7,525 followed by a decline to $6,840-7,075 was expected. Fast-forward to today: the index peaked on June 15 at …