Key Points Rigetti Computing‘s (NASDAQ: RGTI) shares were up more than 200% year to date just weeks ago. However, since early October, the stock has plunged over 50%. The company’s disappointing third-quarter results accelerated the sell-off. Although Rigetti beat analysts’ earnings estimates, the quantum computing company fell short of Wall Street’s revenue expectations. That revenue ...
Key Points Some assume that Taiwan Semiconductor Manufacturing Company‘s (NYSE: TSM) slower growth rate is the first sign of fading artificial intelligence (AI) demand. The numbers point to a different truth. When quarterly revenue climbs past $30 billion — as TSMC’s has — percentage growth loses its meaning. Each 10% increase now equals more than ...
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Tactile Systems Technology TCMD: This medical technology company, which develops medical devices for the treatment of chronic diseases at home, has seen the Zacks Consensus Estimate for its current year earnings increasing 29% over the last 60 days. Tactile Systems Technology, ...
Key Points Big Tech companies are expected to spend over $400 billion on AI infrastructure in 2025, with even higher spending planned for 2026. That spending extends beyond well chips to include networking equipment, data centers, cooling systems, and server integration. Both hyperscale cloud providers and specialized infrastructure companies stand to benefit, as demand for ...
Key Points Nvidia serves the world’s top tech companies with its high-powered artificial intelligence chips. This has resulted in double-digit growth for Nvidia in recent quarters. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) has never officially revealed the identity of its biggest customers — but comments from these customers themselves have ...
Key Points Netflix’s 10-for-1 stock split will make its shares more accessible to employees and investors. Stock splits often signal management’s confidence in a company’s growth prospects. Netflix has signed up for some big live events, and is launching TV games and monetizing ads. 10 stocks we like better than Netflix › Netflix (NASDAQ: NFLX) ...
Key Points What was once a signal of Ford Motor Company‘s (NYSE: F) electric vehicle (EV) ambitions, and a core part of its EV sales strategy, might end up becoming one of the biggest early casualties in the EV market. Ford is considering discontinuing the electric F-150 Lightning, according to a report from The Wall ...
Here’s a quick recap of the crypto landscape for Monday (November 17) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin and Ether price update Bitcoin (BTC) was priced at US$95,539.04, a 0.4 percent decrease in 24 hours. Its lowest valuation ...
It’s been hard to overlook Walmart’s WMT steady growth, while Target’s TGT cheaper valuation may still compel investors as a potential buy-the-dip target. To that point, ahead of their Q3 results this week, Walmart stock is up a very respectable +14% in 2025, with Target shares down a grizzly 30%. Seeing as past performance is not always ...
Wall Street just got another taste of the AI future – and it’s having mixed feelings… After reporting third-quarter earnings last week, Alphabet (GOOGL) and Amazon (AMZN) soared on surging AI demand, while Microsoft (MSFT) and Meta (META) slipped due to ballooning capital costs. It seems traders can’t decide whether to cheer the growth or ...
