Shares of Arm Holdings (ARM) are up just over 6% to start the week on news that the company intends to capitalize on the AI craze and begin producing its own chips as soon as 2025. Arm is a chip designer based in Britain that licenses its designs to other companies rather than manufacturing [...]
Dropbox (DBX) delivered a solid first-quarter performance with results surpassing the consensus on the top and bottom lines. However, one analyst who boasts a 100% success rate trading DBX actually lowered his price target on the stock - and we found 2 reasons ourselves to hold off on this opportunity for the time being. [...]
Uber (UBER) reported first-quarter earnings alongside second-quarter guidance Wednesday that sent shares down 8%. To make matters worse, the company’s primary competitor, Lyft, delivered an earnings beat yesterday with optimistic guidance for the quarter ahead. The first quarter saw a solid increase in revenue to $10.13 billion, a 15% gain year over year. This [...]
Advanced Micro Devices (AMD) reported its first-quarter earnings yesterday, which narrowly outperformed the analyst consensus. This lackluster performance coupled with a disappointing guidance has sent shares down more than 9%. The chip maker posted earnings per share of 62 cents compared to the estimate of 61 cents. Revenue came in at $5.47 billion compared [...]
Intel Corporation (INTC) shareholders have been battered and bruised in both the short and long term. The stock is down more than 30% through 2024 thus far. Looking back even further, the stock has tumbled 41% in the past 5 years. So, is it time to sell INTC and move on? We’re here to [...]
It’s been a tough stretch thus far through 2024 for Apple (AAPL), which is down more than 6% year-to-date. Meanwhile, the S&P 500 index is up 8%. So what’s going on with this stock, and should you be concerned as an AAPL investor? One analyst thinks it’s just a matter of investors not realizing [...]
Much of the conversation surrounding the AI revolution focuses on names like Nvidia, AMD, Palantir, and other stocks that have captured the limelight by capitalizing on this emerging technology. However, there is reason to believe Microsoft (MSFT) could prove to be the real winner of the “AI arms race” in the long run. No, [...]
Last week we saw a bit of a sell-off in the AI and tech industries as a whole, but one stock actually managed to gain about 5% - Dell Technologies Inc. (DELL). This came after the hardware manufacturer got a shout-out from Wall Street darling Nvidia. Nvidia CEO Jensen Huang delivered a GTC Keynote [...]
Shares of Micron Technology (MU) surged more than 15% Thursday after the company’s fiscal second-quarter earnings easily beat the consensus, driven by the AI craze. The company doubled down on these results with an upbeat outlook for the road ahead, too. The memory and storage chip manufacturer grew revenue from just $3.69 billion this [...]
Enphase Energy (ENPH) has fallen more than 14% in the past week as concern surrounding high interest rates continues to mount. This has prompted sharp sell-offs, which include insider selling. Interest rates are at a 23-year high today, and the Fed won’t take action anytime soon as consumer and wholesale inflation are both concerns [...]
