Seeking catalyst driven opportunity
Key Points Alibaba’s massive cloud computing business grew 38% last quarter, and it’s accelerating. It has a path to strong margin expansion with increased AI services and its own AI accelerator chips. At its current valuation, the Chinese e-commerce and cloud computing stock is a …
Tesla’s TSLA Full Self-Driving (Supervised) system has expanded further in Europe, with Estonia becoming the third European Union country to authorize the advanced driver-assistance technology after approvals in the Netherlands and Lithuania. Tesla announced the development on X, marking another milestone in the gradual rollout …
Key Points Following Warren Buffett’s retirement as CEO on Dec. 31, Abel completely revamped Berkshire’s $330 billion investment portfolio. Berkshire’s longtime No. 1 holding is relying on artificial intelligence (AI) integration to boost demand for its products. Meanwhile, Abel piled into a virtual monopoly in …
Key Points Even after a slight market pullback on Wednesday, major index funds are still notably near recently set record highs. Inflation has climbed to its highest level since 2023, raising the odds of rate hikes. Big tech has taken on record debt to fund …
Envista Corporation NVST has started to rebuild investor confidence, but the valuation question is still front and center. The stock trades at 15.1x forward 12-month earnings, a modest premium to its Zacks sub-industry at 14.9x, and a discount to the Zacks sector at 19.6x and …
Key Points Nvidia recently revealed RTX Spark, a new superchip for running Windows PCs. The chip pushes Nvidia directly against Intel, AMD, and Qualcomm. PC chips matter far more to those rivals than they do to Nvidia. 10 stocks we like better than Nvidia › …
Key Points HPE’s fiscal second-quarter revenue rose 40% year over year to a record $10.7 billion. New AI systems orders reached $1.8 billion, and the AI systems backlog grew to $5.9 billion. Management raised its full-year outlook above the targets it had set for fiscal …
Here’s a quick recap of the crypto landscape for Wednesday (June 3) as of 8:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin (BTC) was priced at US$65,978.75, trading 1.9 percent lower over …
Key Points Apple has been focusing its efforts on the iPhone, and sales are growing rapidly. It has released several AI features, and it’s getting ready to launch a new Siri. AI stocks are driving market gains. 10 stocks we like better than Apple › …
Netflix NFLX is the world’s largest subscription streaming platform, while Apple AAPL is the consumer-technology powerhouse whose Apple TV service sits inside a sprawling, high-margin Services franchise. Both compete fiercely for global viewers’ attention and entertainment spending. The comparison is timely. Both reported results in …