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Stocks

“Sam Altman’s nuclear energy company Oklo plunges 54% in NYSE debut”

“…On Friday, advanced nuclear fission company Oklo started trading on the New York Stock Exchange. The company, which has yet to generate any revenue, went public through a special purpose acquisition company (SPAC) called AltC Acquisition Corp., founded and led by Altman.… Continue Reading…

Real Estate, Stocks

“1 Magnificent Dividend Stock Down 25% to Buy and Hold Forever”

“…Despite Agree Realty’s success, shares of the REIT have slumped about 25% from their peak level in 2022. That sell-off and a steadily rising payout have pushed its dividend yield up to 5.1%, which is significantly higher than the S&P 500 (1.4% dividend yield). With more… Continue Reading…

Stocks

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

“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…

Stocks

“Roblox shares drop 22% as company cuts annual bookings forecast on muted player spending”

“…Roblox now expects full-year bookings to be between $4 billion and $4.10 billion, down from its earlier forecast of $4.14 billion to $4.28 billion. Its second-quarter bookings forecast of $870 million to $900 million was also below estimates…” https://www.cnbc.com/2024/05/09/roblox-shares-drop-nearly-30percent-as-company-cuts-annual-bookings-forecast-on-muted-player-spending.html

Stocks

“1 Super Semiconductor Stock Down 42% You’ll Wish You’d Bought on the Dip”

“…That company is Axcelis Technologies (NASDAQ: ACLS). Axcelis stock has gained a whopping 537% over the past five years, even after accounting for the 42% slump from its all-time high, which was set last September. Despite its massive returns, it remains one… Continue Reading…

Stocks

“This Magnificent Fintech Stock Is Down 30% This Year, but 1 Wall Street Analyst Sees It Going 72% Higher”

“…The average Wall Street consensus price target for SoFi stock is a more modest 29%, but John Hecht at Jefferies has a price target of $12 — 72% higher than today’s price. That was actually a price cut from $15. As… Continue Reading…

Stocks

“1 Artificial Intelligence (AI) Stock Down 29% to Buy Right Now Before It Soars 78%”

“Advanced Micro Devices‘ (NASDAQ: AMD) artificial intelligence (AI)-fueled rally has come to a screeching halt in 2024. Shares of the chipmaker are down 29% since the beginning of March, when they were trading at a 52-week high, and the company’s latest results… Continue Reading…

Business, Stocks

“Why Coca-Cola Consolidated Stock Skyrocketed Over $1,000 Per Share Today” [May 7th]

“…As far as growth goes, Coca-Cola Consolidated doesn’t really have any. Its first-quarter volume was down less than 1% year over year. And with slightly higher prices, its net sales rose 1%. Regarding profitability, there was improvement in the company’s… Continue Reading…

Stocks

“Shopify shares plunge 18% on weak guidance”

“…Here’s how the company did for the first quarter, compared with consensus expectations from LSEG: The better-than-expected first-quarter results were overshadowed by Shopify’s outlook for the current quarter. The Canadian e-commerce company said it expects second-quarter revenue to grow at… Continue Reading…

Stocks

“GE Aerospace Cruises At A 15-Year High — Is GE Stock A Buy?”

“…The “new GE,” GE Aerospace, is far extended from a 132.50 buy point off a three-weeks-tight pattern. That means shares are not within buy range. The stock is up 80% from a November 2023 breakout past a flat-base entry, according to MarketSurge pattern recognition.… Continue Reading…