D-Wave Quantum (QBTS) has captured attention in the quantum computing space with an impressive 474.9% rise in the stock’s value in 2024. The surge has been fueled by increasing institutional interest and major partnerships, but it still has investors wondering if the company can maintain this momentum. QBTS has made substantial strides in optimizing [...]
Palantir Technologies (PLTR) has had a great run in 2024, jumping 344% mainly after a strong earnings report and a big defense contract. But with such a huge rise, investors are asking: Is there still more growth left, or has it peaked? Several things are at play, especially Palantir’s push into AI. The company, [...]
Foot Locker Inc. (FL) is facing a tough road ahead, as reflected in its third-quarter earnings report and revised outlook for the rest of the year. The company reported a net loss of $33 million, or 34 cents per share, a stark contrast to last year’s profit of $28 million. Sales declined 1.4% to [...]
Credo Technology Group (CRDO) is making waves in the market, with its stock soaring nearly 40% after an impressive fiscal second-quarter earnings report that outpaced expectations. The company’s strong performance is driven by the surge in demand for its high-speed connectivity solutions, particularly in the rapidly growing AI and data-center sectors. For Q2 2025, [...]
Intel (INTC) has been facing a tumultuous period, marked by the resignation of CEO Pat Gelsinger after a challenging tenure. Under Gelsinger's leadership, the semiconductor giant has struggled to keep pace with competitors, particularly in the AI chip space, where Nvidia has surged ahead. This week, Intel announced that Gelsinger would be stepping down [...]
Walmart's (WMT) stellar Q3 performance was driven by growth across all business segments. Net income reached $5.1 billion, or 60 cents per share on an adjusted basis, significantly exceeding the consensus estimate of 53 cents. E-commerce sales jumped 21%, with Sam’s Club seeing a 4.6% increase in sales. The company also saw international sales [...]
Shares of Rivian Automotive Inc. (RIVN) surged after receiving a major boost from news that California will revive incentives for EV buyers and a settlement was reached with Tesla over a 2020 lawsuit. These positive updates are lifting investor sentiment, but does Rivian have the fundamentals to match the excitement? Key Catalysts for Rivian [...]
Shares of MicroStrategy Inc. (MSTR) have been on a wild ride, experiencing volatility as it continues to be a major player in the cryptocurrency market. The company recently made headlines with its $5.4 billion purchase of 55,000 Bitcoins, bringing its total holdings to approximately 386,700 BTC, valued at roughly $37 billion at current prices. [...]
Shares of Gap Inc. (GAP) surged nearly 16% after-hours on Thursday following the retailer’s impressive third-quarter earnings and positive forecast for the holiday season. Despite challenges like unseasonably warm weather and hurricanes, the company exceeded expectations with strong results, driving confidence in its growth potential. Gap raised its full-year sales outlook, now expecting a [...]
Shares of Snowflake Inc. (SNOW) surged more than 20% following the company’s impressive third-quarter earnings report, with both revenue and earnings beating Wall Street expectations. In addition to strong financials, Snowflake also announced a key acquisition and a promising AI partnership, further boosting investor optimism. Snowflake’s Strong Earnings and Forecast Lift The cloud data [...]
