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Consumers may be gearing up for a resurgence,. Despite a tough year for consumer stocks overall, the Consumer Discretionary Select Sector SPDR ETF, buoyed by heavyweights like Amazon and Tesla, has seen a substantial rise. However, the Invesc S&P 500 Equal Weight Consumer Discretionary ETF, which gives less weight to these giants in favor of […]
The journey toward fully autonomous vehicles has been fraught with setbacks, but Mobileye Global (MBLY) is charting a distinctive course in the self-driving landscape. While industry giants like Tesla and General Motors face regulatory and safety hurdles, Mobileye has emerged as a beacon of progress in autonomous driving technology. Returning to the public market after […]
The Walt Disney Company recently showcased a robust fiscal-fourth-quarter performance that caught the attention and approval of many of its investors. The entertainment giant announced an ambitious plan to intensify its cost-reduction strategies with an additional $2 billion savings goal, alongside intentions to reinstate its shareholder dividends. This news propelled the company’s stock to its […]
OpenAI, the renowned artificial intelligence (AI) start-up behind ChatGPT, is reportedly in discussions with potential investors regarding a valuation ranging from $80 billion to $90 billion. This staggering figure would not only make OpenAI more valuable than several major publicly-traded AI giants, such as Microsoft, Alphabet, and Nvidia, but also denotes the bullish sentiment surrounding […]
Microsoft’s foray into cloud-computing services designed for artificial intelligence (AI) is hinting at significant financial potential. Recent assessments reveal a buoyant perspective on Microsoft, with expert opinions maintaining an “Outperform” rating for the tech giant. With a suggested price target revision from $398 to $400, Microsoft shares eventually rested at $328.65. Microsoft appears to be […]
Walt Disney Co., an emblem of the entertainment industry, has just declared its ambition to almost double down on its park business. The intention? To pour around $60 billion into the Disney Parks Experiences and Products (DPEP) segment over the coming decade. This move, while promising in terms of expansion, appears to have jolted Wall […]
Tesla’s supercomputer, Dojo, which is geared towards training AI for autonomous vehicles, is projected to bolster Tesla’s market cap by a whopping $600B (76%), according to Morgan Stanley. Here’s a rundown: DOJO Deep Dive: Kickstarted in July, Tesla’s investment in Dojo is set to cross $1B in the coming year. Its potential? Beyond just vehicles. […]
Short-Term Elation, Long-Term Questions Chinese stocks, spearheaded by e-commerce giants like Alibaba, experienced a two-day rally this week, inciting a temporary euphoria among investors. This surge came on the heels of Beijing’s announcement of pro-stock market stimulus measures. U.S.-listed shares of Alibaba (ticker: BABA) and its rival JD.com (JD) saw an uptick in their premarket […]
In the realm of high performance, Nvidia (NVDA) has demonstrated robust market stamina, with its shares tripling this year and catapulting its market cap beyond the coveted $1 trillion mark. Despite this stellar run, the stock’s recent plateau warrants scrutiny into persisting vulnerabilities. Here are three pivotal concerns that should remain on the radar for […]