Seeking catalyst driven opportunity
Key Points Li Lu was greatly influenced by Warren Buffett to become a value investor. Lu launched Himalaya Capital in 1997. Himalaya runs a very concentrated stock portfolio of seven stocks. 10 stocks we like better than Alphabet › Li Lu, the founder and chairman …
Key Points When Bank of America chief investment strategist Michael Hartnett pinned the “Magnificent Seven” name on a group of megacap companies back in 2023, those giants were in fact the most dominant tech stocks in the market. In order of their market caps today, …
Listen to the audio version of this article (generated by AI). Editor’s Note: My Investorplace colleague Louis Navellier has been watching two very important trends collide: cooling inflation and a weakening labor market. And that could put the Federal Reserve in a very interesting position. …
Key Points Berkshire Hathaway is in uncharted territory following the retirement of Warren Buffett as CEO on Dec. 31. Although Coca-Cola remains a foundational puzzle piece for Berkshire, the same can’t be said of Bank of America. Abel has been purchasing shares of a virtual …
Workday, Inc. WDAY reported second-quarter fiscal 2027 non-GAAP earnings of $2.75 per share, which increased 24.4% from $2.21 a year ago. The bottom line beat the Zacks Consensus Estimate of $2.62 by 4.96%. Revenues rose 12.8% to $2.65 billion, beating the consensus estimate of $2.63 …
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 Wednesday (August 26) as of 10:00 p.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$78,451.20, down by …
The artificial intelligence (AI) infrastructure trade has shifted from pure-play generative AI-based semiconductors to other AI-powered data center infrastructures. Moreover, the explosion of agentic AI is expanding the scope of AI infrastructure providers in the physical layer across industries. In line with this trend, Advanced …
Tech behemoths Broadcom Inc AVGO and Advanced Micro Devices, Inc. AMD have benefited immensely from strong artificial intelligence (AI)-driven growth, as reflected in their latest quarterly results. However, the two companies differ in their growth prospects, competitive positioning and valuation. So, which stock offers the …
Marvell Technology MRVL) shares fell 10% in Friday’s trading session despite the AI chip leader posting record Q2 results yesterday evening and raising its longer-term outlook. The sharp sell-off suggests investors wanted an even bigger beat following MRVL’s tremendous AI-fueled rally rather than signaling a …
Key Points SpaceX rewrote Wall Street’s record books by raising $85.7 billion from its public debut, including the underwriters’ overallotment. Polymarket traders give Anthropic a 63% chance of topping Space Exploration Technologies as this year’s largest IPO. However, chasing after Wall Street’s hottest IPOs rarely …