Key Points Microsoft Azure’s cloud revenue jumped to $100 billion after the company invested heavily in AI infrastructure. Microsoft’s shares are still relatively cheap, and the company’s free cash flow is in good shape, even with a ramp-up in capex spending. 10 stocks we like better than Microsoft › Microsoft (NASDAQ: MSFT) pulled off what ...
Key Points The artificial intelligence (AI)-fueled semiconductor boom isn’t showing any signs of slowing, as major hyperscalers and pure-play AI companies continue to invest aggressively in infrastructure to meet the tremendous demand for AI services and to fulfill their massive contractual backlogs. Market research firm Omdia estimates that the global semiconductor industry’s revenue could jump ...
Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 17th: Star Bulk Carriers SBLK: This global shipping company, which provides worldwide seaborne transportation solutions in the dry bulk sector, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.6% over the last 60 days. ...
Key Points Riot Platforms’ deal with Anthropic is a game changer for the company. It also provides investors with evidence that the company can execute its transition from a miner to an AI data center company. AI data centers earn revenue based on the amount of compute capacity they can lease. 10 stocks we like ...
Key Points Four top Alphabet engineers left the company on Aug. 5, and longtime OpenAI executive Brad Lightcap exited that company six days later. The hyperscalers’ AI backlogs are growing faster than ever as companies lock in commitments for cloud computing capacity. The companies that control the infrastructure and the applications will have a distinct ...
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, C.H. Robinson Worldwide, Inc. (Symbol: CHRW) has taken over the #80 spot from Netflix Inc (Symbol: NFLX), according to ETF Channel. Below is a chart of C.H. Robinson Worldwide, Inc. versus Netflix Inc plotting their respective rank ...
U.S. legacy automaker Ford F is planning to bring an affordable electric truck to the market by next year. The e-pickup is named “Fathom”, with a starting price of $28,350 that extends to $29,945 with destination and delivery charges. Built under Ford’s Universal Electric Vehicle (UEV) platform, the Fathom hits the sub-$30,000 mark the company ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Avantis Emerging Markets Equity ETF (Symbol: AVEM) where we have detected an approximate $403.6 million dollar inflow — that’s a 1.7% increase week over week in outstanding units (from 279,900,000 to 284,600,000). Among the largest ...
Key Points The shine has come off Tesla (NASDAQ: TSLA) in the last few years. At one point, it was considered the definitive growth stock for investors to own, with shareholders betting that founder Elon Musk would take the lead in the emerging electric vehicle (EV) industry, along with other promises in areas like energy ...
Key Points MP Materials signed a significant long-term supply agreement with an unnamed U.S. aerospace and defense customer. The deal provides several benefits for the rare-earth company. It’s a continued validation of its growth strategy. 10 stocks we like better than MP Materials › MP Materials (NYSE: MP) recently announced it had signed a supply ...
