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Stocks

“Super Micro shares soar 36% to record on uplifting preliminary results”

“Super Micro Computer, one of the best-performing tech stocks of the past few years, soared 36% on Friday to a record, after the maker of data center hardware issued preliminary financial results that exceeded estimates… The uplifting numbers follow a… Continue Reading…

Stocks

“Why UiPath Jumped 25.7% in December”

“…For the third quarter, UiPath grew revenue by 24% to $324 million, with adjusted (non-GAAP) earnings per share of $0.12, both figures beating out analyst expectations. The enterprise software-as-a-service sector has gone into a bit of a slowdown since the inflationary surge… Continue Reading…

Stocks

“1 Surprising Artificial Intelligence (AI) Stock to Buy Before It Grows 2,139%, According to Cathie Wood’s Ark Invest”

“…Zoom Video Communications (NASDAQ: ZM) has built out several AI features to help remote workers — everyone from salespeople to software engineers — use their time more effectively. And Ark Invest thinks Zoom’s AI-related products and services could provide a massive boost… Continue Reading…

Cryptocurrencies, Stocks

“Bitcoin Retreats From 2-Year High on First Day of ETF Trading”

“The token had advanced as much as 6.7% to $49,021, buoyed by the approval of spot Bitcoin ETFs by the US Securities and Exchange Commission after markets closed on Wednesday. It was recently trading at around $46,300. Most smaller tokens,… Continue Reading…

Economy, Stocks

“The rich now own a record share of stocks”

“About 93% of U.S. households’ stock market wealth is held by the top 10%… Details: While it’s true that a record high 58% of American households do own stocks via mutual funds or as individual shares, in the aggregate the amount of stock… Continue Reading…

Stocks

“Nintendo Shares Hit Record, Helping Lift Japanese Stocks to Another Multidecade High”

“…Nintendo shares hit a record closing high of 7,823 yen Wednesday, or about $54.14. The videogame company’s shares have gained ground since late last year, reflecting solid earnings and expectations over the potential launch of a new console to succeed the current… Continue Reading…

Stocks

“1 Surprising Artificial Intelligence (AI) Stock to Buy Before It Grows 2,139%, According to Cathie Wood’s Ark Invest”

“…Zoom Video Communications (NASDAQ: ZM) has built out several AI features to help remote workers — everyone from salespeople to software engineers — use their time more effectively. And Ark Invest thinks Zoom’s AI-related products and services could provide a massive boost… Continue Reading…

Business, Stocks

“Is Pfizer Stock A Sell After Two Years In Free Fall? Or Will Seagen Bolster Sales?”

https://finance.yahoo.com/m/9a6f7dfd-febf-37fb-912a-e0504d778fbc/is-pfizer-stock-a-sell-after.html I just want to comment on the title of this article. In my opinion holding this stock is like holding a time bomb. It’s only a matter of time before it explodes. Instead of the bomb killing the holder,… Continue Reading…

Stocks

“Why Carnival Stock Jumped 23% in December”

“Shares of Carnival (NYSE: CCL) were moving higher last month as the world’s largest cruise line benefited from expectations that the Federal Reserve would lower interest rates in 2024. The company posted strong results in its fourth-quarter earnings report toward the end of… Continue Reading…

Stocks

“Stocks’ Bad Start to 2024 Has Forecasters on Edge”

“Stocks are off to a bumpy start in the early days of 2024. Proponents of the January Barometer are hoping for a turnaround because they believe the market’s performance in the first month of the year sets the tone for the rest…”… Continue Reading…