"I'm wildly bullish, and I may be dead wrong, but I'm wildly bullish."
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Cool Company Ltd. CLCO: This operator of LNG carriers has seen the Zacks Consensus Estimate for its current year earnings increasing 9.1% over the last 60 days. Cool Company Ltd. Price …
Key Points Ark Invest bought shares of Alibaba, Pony AI, and Baidu on Monday. Alibaba and Baidu are trading at forward earnings multiples in the teens. Pony AI isn’t cheap given its lack of profitability and its early stage of revenue growth, but it has …
Here’s a quick recap of the crypto landscape for Friday (September 19) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$115,191, …
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Direxion Daily TSLA Bull 1.5X Shares (TSLL), where 61,100,000 units were destroyed, or a 13.5% decrease week over week. Among the …
Key Points The massive global AI data center buildout is driving Celestica’s business performance and stock price. The company has “good corporate DNA” — it’s a spinout of IBM. Customers include the top five hyperscalers, generally considered to be Amazon, Microsoft, Alphabet, Meta Platforms, and …
It is a well-documented fact that United Parcel Service UPS is suffering from revenue weakness. Revenue softness is basically stemming from the weak demand scenario due to the tariff-related uncertainty, high inflation and other geopolitical woes. In the June quarter, revenues decreased 2.7% year over …
Last week, the Federal Reserve, in a move that surprised no one, cut key interest rates by 0.25%. But Wall Street still celebrated, and each of the major indices ended the week at record highs. This week, we’ll hear from several Fed officials who are …
Key Points Intel develops its own graphics technology for its CPUs and discrete GPUs. The company is partnering with Nvidia to produce CPUs with integrated Nvidia GPUs for PCs. With Nvidia now a partner, Intel may end up pulling back on graphics chips to cut …
Here’s a quick recap of the crypto landscape for Monday (September 22) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$112,653, …
The recent pullback in Nvidia NVDA stock was short-lived, recouping a 4% dip in the last few weeks to re-hit a 52-week peak of $184 a share in Monday’s trading session after announcing it will invest up to $100 billion in OpenAI. The surprise announcement comes …