Plenty of stock have ridden the boom in artificial intelligence (AI) this year. I’m going to focus on the two that make my buy list. One aspect of AI software is the huge demand for data processing power, all of which has to be housed somewhere. This is driving demand for hyperscale data centers (those ...
November 13–15 event in Dallas will feature leaders with Keurig Dr Pepper, Johnson Controls, L’Oreal, PNC and more Leaders with Keurig Dr Pepper, Johnson Controls, L’Oreal, PNC and other companies will join the ISG Digital Business Summit, November 13–15, in Dallas to share strategies for leveraging generative AI (GenAI) and other new technologies to drive ...
All eyes are focused on the upcoming U.S. presidential election, with several indicators suggesting a tight race between Vice President Kamala Harris and former President Donald J. Trump. However, a shocking poll result in Iowa may have significant implications for the race and thus for the broader geopolitical paradigm. According to pollster Ann Selzer of ...
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Orla Mining Ltd. ORLA: This mining company has seen the Zacks Consensus Estimate for its current year earnings increasing 13.6% over the last 60 days. Orla Mining Ltd. Price and Consensus Orla Mining Ltd. price-consensus-chart | Orla Mining Ltd. Quote Swedbank ...
Reddit Inc RDDT has turned the tables on Snap Inc SNAP in social media rankings, climbing 12% on Election Day to reach a market cap of $21.5 billion, ahead of Snap’s $20.4 billion. This milestone is a striking achievement for Reddit, which, despite having one-fourth of Snap’s user base and revenue, has investors far more ...
Microsoft (NASDAQ: MSFT) fell 6.1% on Thursday, its worst session since Oct. 26, 2022, when the tech giant slipped 7.7%. Even after gaining 1% on Friday, Microsoft is up less than 8% year to date (YTD), heavily underperforming the S&P 500‘s 20.1% YTD gain. Here’s why Microsoft’s stellar results weren’t enough to impress investors but ...
U.S. legacy automaker General Motors GM delivered stellar third-quarter results yesterday, which drove its shares to a 52-week high. The stock rose nearly 10%, marking its biggest daily percentage gain since 2020, as the company outpaced Wall Street’s expectations and raised its full-year 2024 guidance for the third time this year. GM stock is currently ...
After a forgettable 2023, Tesla (NASDAQ: TSLA) finally scored some redemption in its third-quarter earnings report last week. The stock soared 22% in a single day on Thursday, its best one-day performance in years as it overcame tepid sales growth in its automotive division to post strong profit growth. Operating income jumped 54% to $2.7 ...
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Nucor Corp. (Symbol: NUE), where a total of 18,714 contracts have traded so far, representing approximately 1.9 million underlying shares. That amounts to about 98.8% of NUE’s average daily trading volume over the past month of 1.9 million ...
A turbulent Q3 in the crypto market was marked by price volatility and shifts in investor sentiment. Popular cryptocurrency Bitcoin, often seen as a bellwether for the industry, experienced sharp price corrections at the start of each month, with July and August witnessing declines exceeding 12 percent. Meanwhile, Ethereum’s performance in Q3 showed signs of ...
