Key Points North America will be a critical region for Stellantis’ global turnaround to be a success. Stellantis is tackling North America with big investments and a focus on both ends of the market, more affordable vehicles and high-end variants. Stellantis is also stepping back from its focus on “full-size trucks” only and introducing some ...
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the PeakShares Sector Rotation ETF (Symbol: PSTR), we found ...
Key Points Tesla (NASDAQ: TSLA) is expected to report third-quarter auto deliveries and production statistics on Oct. 2. Wall Street expectations vary widely. Consensus estimates currently call for roughly 461,000 deliveries. Barclays is more optimistic, expecting quarterly deliveries to reach 475,000. Meanwhile, Goldman Sachs recently cut its estimate to 435,000 after its regional sales data ...
Key Points Over the past decade, Bitcoin has delivered a compound annual growth rate (CAGR) of 34%. Even if Bitcoin grows at a slightly slower rate over the next four years, it could still hit a market cap of $5 trillion. Bitcoin currently lacks an obvious catalyst to send it higher, so investors will need ...
Key Points Amazon began blocking Meta’s Muse agent from shopping on its site Sunday night, citing its conditions of use. Shopify’s president says agent-driven orders carry the same economics as ordinary online store orders. The two-day rally lifted the stock’s forward price-to-earnings ratio from about 52 to about 60. These 10 stocks could mint the ...
Meta Platforms META shares have been red-hot as of late, seeing big gains on the recent release of Muse, Meta’s personal AI assistant that can autonomously complete multi-step tasks across the web, apps, and smart glasses. It marks another major step in the AI race, with the company pushing beyond traditional chat-based assistants and deeper ...
Shopify SHOP) shares jumped 7% on Tuesday after announcing a partnership with Meta Platforms META) that will bring Shop Pay checkout capabilities to Meta’s fast-growing Muse AI agent. The excitement surrounding Muse has spilled into other AI stocks as well, including Advanced Micro Devices AMD), as investors anticipated that broader adoption of AI agents could ...
Key Points Space Exploration Technologies (NASDAQ: SPCX) and Nvidia (NASDAQ: NVDA) may not seem like related companies, but they are. SpaceX also owns xAI, which makes the Grok AI model. It needs a lot of computing power to run the operation, and it’s turned to none other than Nvidia to supply it. SpaceX Chief Executive ...
Memory stocks have reemerged as the biggest beneficiaries of the AI infrastructure boom, with Micron Technology MU) and SanDisk SNDK) delivering extraordinary rallies. Over the last month, Micron shares are up nearly 20%, with SanDisk stock rising over 25%. Year to date, SNDK has skyrocketed almost 700%, with MU spiking more than 270%, as tight ...
Key Points One new tech position Ackman and his team initiated is the streaming platform Netflix. Netflix stock has gotten crushed, as investors worry about engagement trends. The shift to shorter-form content and potential for AI to disrupt the streaming industry has the market concerned. 10 stocks we like better than Netflix › In the ...
Russ Cohen
Russ Cohen
