Key Points Microsoft and other tech giants have been spending aggressively on artificial intelligence (AI). High spending levels have raised concerns about whether AI investments are worthwhile. Recently, Microsoft told employees to be more mindful of AI usage. 10 stocks we like better than Microsoft › The trouble with tech is that many companies want … Read more
Netflix Is Down 46% — Here's Why I'm Buying More
Russ Cohen
Key Points Shares of the streaming giant have dropped as revenue growth slows. However, Netflix is well-positioned as the subscription video-on-demand leader. Management is leveraging its content expense to expand margins and grow cash flow. 10 stocks we like better than Netflix › Netflix (NASDAQ: NFLX) has seen its stock drop around 46% since peaking … Read more
Crypto Market Update: Senate Delays CLARITY Act Vote to September
Russ Cohen
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 Friday (August 7) as of 11:00 p.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$64,929.85, trading 0.3 percent higher over the past 24 hours. Bitcoin hit a … Read more
Best Growth Stocks to Buy for August 11th
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 11th: Pan American Silver Corp. PAAS: This mining company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 23% over the last 60 days. Pan American Silver Corp. … Read more
Apple CEO Tim Cook Predicts a "100-Year" Flood. Here Are 2 Stocks Primed to Cash In.
Key Points Apple Chief Executive Officer Tim Cook dropped a bombshell on investors during the company’s latest quarterlyearnings call noting a “100-year flood” in memory chip pricing, suggesting a major event had occurred that upended all the company’s usual analysis. This could be a major problem for Apple, as it has to raise prices just … Read more
Four Actionable Stock Ideas From a Legendary Investor
Listen to the audio version of this article (generated by AI). Four Actionable Stock Ideas From a Legendary Investor This week, Digest writer Jeff Remsburg is on vacation. But don’t worry – the Digest isn’t going anywhere. While he’s out, we’ll go straight to our experts, letting them share the ideas they’re most fired up … Read more