Credo Technology (CRDO) Surges 40% on AI-Driven Growth and Strong Guidance
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, Credo posted a 64% year-over-year [...]
Intel Faces CEO Departure Amid Struggles in the AI Chip War: What Does This Mean for Investors?
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 as CEO and from the [...]
Thanksgiving Week Market Recap: Gains, Volatility, and November Wins
Monday: Wall Street kicked off the holiday-shortened week with strong gains, as investors reacted positively to President-elect Donald Trump's pick for Treasury Secretary, Scott Bessent. The Dow surged 1.0%, while the S&P500 and Nasdaq both rose 0.3%. Tuesday: The positive momentum continued with all three major indices closing higher, as investors awaited the release of the Personal Consumption Expenditures [...]
Secret Ingredients
Written by: Angela Akers The Russell 2000 is the quintessential index of the Small Cap market and is up 19.60% year-to-date through November 26, 2024. More than 8% of that gain came during the post-election market run. I ran across an article on Financial Times Monday morning titled “Trump rally carries US small-cap stocks to all-time high.” It began, [...]
Walmart Hits 52-Week High After Earnings Beat and Positive Outlook: Should You Buy WMT Now?
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 grow by 12.1%, underscoring the [...]
Rivian Shares Surge Amid Positive Developments: Time to Buy RIVN?
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 Rivian’s stock jumped 13% following [...]