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 (September 18) as of 11:00 a.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$78,215.49, trading 5.1 percent higher over the past 24 hours. Bitcoin price chart ...
While Wall Street worries about an AI slowdown, a new crop of companies is finding profitable ways to put today’s technology to work… Listen to the audio version of this article (generated by AI). Editor’s Note: There’s been a lot of noise around AI lately. As I explained in Tuesday’s Market 360, the latest concerns ...
Key Points Apple has a great compounding business, and the iPhone Duo could help spark growth. American Express’ close-loop systems and affluent customer base give it a big edge. Alphabet’s complete AI stack, distribution, and ad network are huge advantages. 10 stocks we like better than American Express › While he stepped down as CEO ...
Generac Holdings Inc. GNRC has entered into a major long-term supply agreement with Amazon AMZN, significantly strengthening its position in the rapidly expanding data center infrastructure market. Shares are up 34.5% in premarket trading today. In a regulatory filing, Generac disclosed that it will supply backup power generators for Amazon data centers, with initial deliveries ...
Key Points Artificial intelligence (AI) infrastructure spending isn’t slowing down, and that’s not surprising, as major hyperscalers and AI companies need to fulfill massive contractual backlogs. Oracle, for instance, recently reported a contractual backlog of a whopping $664 billion. Meanwhile, Alphabet notes that its Google Cloud backlog hit a whopping $514 billion in the second ...
The Federal Reserve raised interest rates 25 basis points yesterday, lifting the federal funds target range to 3.75%-4.00% as policymakers cited still-elevated inflation. The move puts renewed monetary tightening in focus, with higher rates potentially pressuring economic growth, increasing borrowing costs, and compressing valuation multiples across the tech sector. However, companies with fortress balance sheets, ...
Valero Energy (VLO) appears an attractive pick given a noticeable improvement in the company’s earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts’ growing optimism on the earnings prospects of this oil refiner is driving estimates higher, which ...
One company’s investment bill can become another company’s sales. Listen to the audio version of this article (generated by AI). Wall Street can handle bad news. What it really hates is uncertainty. And yesterday, one of the market’s biggest uncertainties disappeared. The Federal Reserve voted to raise its key interest rate by 25 basis points, ...
Key Points Microsoft’s growth has come from expanding products across the same enterprise customers. AI demand looks strong, but heavy infrastructure spending must translate into durable returns on capital. At today’s valuation, I’m more focused on holding and buying dips than adding aggressively. 10 stocks we like better than Microsoft › After holding Microsoft (NASDAQ: ...
Key Points AI stocks are great, but a portfolio needs balance. Netflix has taken a hit this year, and itʻs the cheapest in four years. This is a good time to consider adding some shares of Netflix. 10 stocks we like better than Netflix › If you are like many investors, your portfolio has probably ...
