February 9, 2024
“Palantir shares surged more than 19% in after-hours trading on Monday after the company reported fourth-quarter earnings that beat analysts’ expectations for revenue. Full-year guidance for 2024 came roughly in line with Wall Street’s estimates… Revenue in the fourth quarter increased 20% to… Continue Reading…
February 8, 2024
“Investors looking for an end to the freefall in shares of Chinese e-commerce company Alibaba Group Holding Ltd. may be in for a long wait, if options traders are correct. The stock’s 75% tumble from a 2020 record high has… Continue Reading…
February 7, 2024
“Nvidia (NVDA) is sure to come up in any discussion of the best artificial intelligence stocks to watch. But don’t ignore Synopsys (SNPS), a key Nvidia partner. After already earning a spot on the IBD Long-Term Leaders list with a 3,594% run from a low… Continue Reading…
February 6, 2024
“Volvo Cars shares surged more than 26% on Thursday after the Swedish automaker announced it will stop funding subsidiary Polestar Automotive. The group announced it may hand stewardship of ailing luxury car brand Polestar over to majority Volvo shareholder, China’s Geely Holding,… Continue Reading…
January 31, 2024
“…There are a few reasons for this, but the most evident and potent is related to evolving supply and demand dynamics and historical patterns. History doesn’t always repeat itself, but it often rhymes. And if something similar to years past… Continue Reading…
January 30, 2024
“…Meanwhile, Friday’s January employment report is expected to show that employers added 165,000 jobs. Shares of SoFi Technologies soared 22% in early action, set to retake their key 50-day moving average line. Early Monday, the company reported earnings of 2… Continue Reading…
January 30, 2024
“Although Solana (CRYPTO: SOL) currently sits 67% below its all-time high, which was set in November 2021, this cryptocurrency has still skyrocketed 2,700% in the last three years. That gain crushes the rise of the Nasdaq Composite Index… About two years ago, Solana Pay… Continue Reading…
January 30, 2024
“Amazon said on Monday it would not move forward with a planned acquisition of vacuum-maker iRobot, with the two companies saying in a release there was “no path to regulatory approval for the deal.” The Roomba maker also announced it would lay off 31% of its… Continue Reading…
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