Key Points CoreWeave (NASDAQ: CRWV) roared into the artificial intelligence (AI) forefront about a year ago when it launched an initial public offering — and saw its stock price soar more than 300% in just a few months. Why such excitement about this company in particular? The tech player offers something in great need at ...
Key Points CoreWeave continues to see triple-digit revenue growth and a growing project backlog. However, it is taking on a lot of debt to fund its growth and now it is getting squeezed by higher component prices. 10 stocks we like better than CoreWeave › Shares of CoreWeave (NASDAQ: CRWV) sank following the company’s first-quarter ...
Key Points Netflix bought a company that provides AI tools to filmmakers. This acquisition may somewhat move the needle for the company down the road. Given Netflix’s competitive edge and massive addressable market, the stock is still a buy. 10 stocks we like better than Netflix › Netflix (NASDAQ: NFLX) has underperformed broader equities over ...
Key Points With the national average gas price at more than $4.40 a gallon, according to AAA, it now costs more than $100 to fill the 23-gallon tank of America’s best-selling vehicle, the F-150, produced by Ford Motor Company (NYSE: F). That’s a worrying development, given that the biggest engine of economic growth in the ...
Key Points Mega-IPO winners of the past include Meta Platforms and Arm Holdings. Big losers following mega-IPOs include Alibaba (eventually) and Rivian (almost immediately). SpaceX appears to share more in common with Meta and Arm than it does Alibaba and Rivian. 10 stocks we like better than Meta Platforms › History is about to be ...
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the State Street Energy Select Sector SPDR ETF, which added 24,350,000 units, or a 3.5% increase week over week. Among the largest underlying components of XLE, in morning trading today Exxon Mobil is ...
Key Points Some investors have worried that Apple might be falling behind in the age of AI. But it is seeing surprising demand from companies using its laptops for AI development. Mac sales are up 6% year over year, based on the latest quarterly earnings. 10 stocks we like better than Apple › Is Apple ...
The Q1 earnings season reconfirmed the steadily improving earnings outlook we have consistently highlighted in our earnings commentary. The earnings focus lately has been on the blockbuster mega-cap Tech players in the Magnificent 7 group of companies, but results have been impressive across the board in all sectors. Most companies have comfortably exceeded Zacks Consensus ...
Key Points Wall Street banker Bernstein spooked the market with worries over spot demand for NAND yesterday. The banker still thinks Sandisk is a buy, however, as buyers compete for limited memory supply. 10 stocks we like better than Sandisk › Sandisk (NASDAQ: SNDK) stock took a tumble on Thursday, sliding 5% on a report ...
Key Points Poet stock surged last month even though it saw a big pullback following order-cancellation news. The company’s share price has been roaring even higher in May despite no publicly available developments. 10 stocks we like better than Poet Technologies › Poet Technologies (NASDAQ: POET) stock saw some huge fluctuations in April’s trading, but ...
