Key Points The Nasdaq Composite index briefly entered correction territory during the past month as investors rotated away from artificial intelligence (AI) stocks. The selling activity indiscriminately eroded the valuations of otherwise robust, profitable technology businesses. Microsoft, Amazon, and Alphabet trade at attractive levels now, considering their long-term AI-driven trajectories. 10 stocks we like better … Read more
Broadcom vs. AMD: Which AI Chipmaker Is the Better Buy?
Russ Cohen
Key Points Broadcom and AMD have high-profile customers and recently expanded relationships with several of them. Both companies have similar revenue growth, but Broadcom has much higher profit margin. If AMD can deliver meaningful net profit margin expansion, it’s the winner and looks quite compelling at current levels. 10 stocks we like better than Advanced … Read more
Crypto Market Update: Kraken Parent Payward to Acquire Derivatives Exchange Bitnomial
Russ Cohen
Here’s a quick recap of the crypto landscape for Friday (April 17) as of 9:00 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$77,401.45, up by 2.7 percent over the last 24 hours. Chart via TradingView. Bitcoin price performance, … Read more
The SpaceX IPO Will Be an Epic Disappointment, Based on What History Tells Us
Key Points SpaceX put the wheels in motion for its IPO, with the space and artificial intelligence (AI) titan seeking a valuation of $1.75 trillion. Many of the largest IPOs in history flopped in the months following their debuts. Additionally, SpaceX is being priced for perfection amid imperfect and unpredictable industries. These 10 stocks could … Read more
Crypto Market Update: Strategy Buys US$2.54 Billion in Bitcoin
Here’s a quick recap of the crypto landscape for Monday (April 20) as of 12 noon 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$75,179.56, up by 0.5 percent over the last 24 hours. Chart via TradingView Bitcoin price performance, … Read more
Is Petrobras (PBR) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock’s price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let’s see … Read more