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Economy, Stocks

“All 3 major stock indexes close at record highs as inflation slows down”

May 20, 2024

“…The Dow Jones Industrial Average, S&P 500 and Nasdaq composite all rallied Wednesday after the Labor Department reported inflation falling to a 3.4 percent annual rate in April after a 0.3 percent monthly increase in prices, according to the consumer… Continue Reading…

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Stocks

“AMC completes $250 million stock sale during meme rally, shares jump 30%”

May 15, 2024

“AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday during the revived meme stock craze triggered by the return of “Roaring Kitty.” The movie theater operator sold 72.5 million shares in an at-the-market equity offering that… Continue Reading…

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Stocks

“Morgan Stanley Predicts up to 110% Rally for These 2 ‘Strong Buy’ Stocks”

May 13, 2024

“Auna S.A. (AUNA)… Cepeda’s views back up his Overweight (Buy) rating on the stock, and his $14 price-target points toward a robust 110% upside potential for the next 12 months. (To watch Cepeda’s track record, click here)… Contineum Therapeutics (CTNM)… Hung goes… Continue Reading…

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Stocks

“Reddit investors shrug off hold rating, bid up stock another 9% as post-IPO rally continues”

April 1, 2024

“…The shares climbed 8.8% on Tuesday to close at $65.11. They’re now up 92% since debuting on the stock market last week under ticker symbol “RDDT.” It was the first social media IPO since Pinterest’s offering in 2019. Reddit and existing shareholders sold 22… Continue Reading…

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Stocks

“J.P. Morgan Predicts up to 140% Rally for These 2 ‘Strong Buy’ Stocks”

March 15, 2024

“…Next up is the online insurance marketplace EverQuote. This company operates a platform that connects insurance buyers with insurance agents and covers multiple aspects of the industry… As more and more consumers, across the economy generally, turn to online and… Continue Reading…

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Cryptocurrencies

“Bitcoin nears all-time high, but this rally is much different than 2021 record run”

February 29, 2024

“…Bitcoin BTCUSD, 3.89% is seeing an impressive rally, as the crypto topped $64,000 briefly on Wednesday, touching levels not seen since its record peak in November 2021…” https://www.marketwatch.com/story/bitcoin-nears-all-time-high-but-this-rally-is-much-different-than-2021-record-run-8a88c18d I don’t know why people wait until an assist is exploding to get in. It’s… Continue Reading…

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Cryptocurrencies

“These are the boldest bitcoin predictions for 2024 — one calls for a 1,000% rally to $500,000”

January 3, 2024

“Bitcoin had a huge rally in 2023, with the digital currency up some 152% for the year… With fervor returning to the crypto markets, industry executives are calling the start of a new bull run, mainly predicated on two things — the… Continue Reading…

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Stocks

“Cloudflare Is On A Mission As AI Frenzy Sparks A 40% Rally For NET Stock”

December 29, 2023

“Cloudflare (NET) is enthralling investors with its prospects for generative artificial intelligence, driving a rally of nearly 40% since it reported third-quarter results last month. The AI frenzy represents a major rebound for NET stock, which saw a huge sell-off in… Continue Reading…

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Business

“Up Over 90% This Year, Will UiPath Stock Continue Rallying in 2024?”

December 19, 2023

“…UiPath is an unprofitable company; it incurred losses totaling $363.8 million over the trailing 12 months. But it is posting strong revenue growth, and with gross profit margins in excess of 80%, there’s hope that as sales rise, the bottom… Continue Reading…

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Stocks

“Carvana Stock Jumps on an Upgrade. Wall Street Still Isn’t Sure About Its 700% Rally.”

December 4, 2023

“CarvanaCVNA11.58% stock has skyrocketed from roughly $4 to $40 this year—and it’s up another 11% on Monday thanks to an upgrade…” https://www.barrons.com/articles/carvana-stock-price-sell-upgrade-429516f3?siteid=yhoof2 It’s to late to jump on board now. At least I wouldn’t do it. Most of the time when… Continue Reading…

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