Wayfair store in Wilmette, Illinois. Courtesy: Wayfair What retail apocalypse? Online home goods retailer Wayfair is opening its first namesake store, near Chicago, following a string of other digitally native companies that have turned to brick-and-mortar for growth. In an ironic twist for a company that became a $12 billion powerhouse by persuading consumers to […]
After a number of large acquisitions from chip design giant Intel in 2015 and another by AMD in 2022, I’ve written about how small chip design house Lattice Semiconductor (NASDAQ: LSCC) is the last FPGA pure-play company left standing. FPGAs (field-programmable gate arrays) are a type of logic chip. They have the ability to be […]
A BT Group Plc logo on a EE/BT Group Plc store in London, UK, on Wednesday, May 17, 2023. Hollie Adams | Bloomberg | Getty Images LONDON — Shares of BT Group surged Thursday after the company announced a target of a further £3 billion ($3.8 billion) in cost savings. BT shares were up 14.9% […]
Sometimes, it doesn’t seem to matter what a company does in a quarter: The stock still gets sold off after its report. That’s where Palantir (NYSE: PLTR) found itself. After investors pushed the stock higher in advance of its May 6 earnings report, Palantir stock dropped 15% after the company reported earnings. Even after a […]
Finding an ETF or mutual fund that can consistently beat the market year in and year out is practically impossible. That’s not for lack of options. Wall Street is full of sharp minds that are often willing to share their investment insights and strategies with everyday investors through a mutual fund. In exchange, they ask […]
Summary Two important inflation reports were released this week. Both indicated that overall pricing pressures have retreated, but also confirmed that inflation remains above the Fed’s target of 2.0%. Let’s first take a dive into the Consumer Price Index. There were some positive results here. According to the CPI report, the overall inflation rate in […]
Analyst Profile Kevin Heal Chief Compliance Officer & Senior Analyst: Financial Services Kevin is the Chief Compliance Officer for the Argus Research Group. His responsibilities include ensuring that the firm is SEC compliant and adheres to all rules and regulations. He has over thirty years of Wall Street experience with both large investment banks and […]
This year already saw two new companies’ market caps surpass $2 trillion, and a third is poised to hit that milestone. The current members of the $2 trillion club are some of the most well-respected names in their fields, and all of their businesses revolve around technology. Microsoft ($3 trillion) established itself as an AI […]
It seems like investors have rewarded any business with exposure to artificial intelligence (AI). This groundbreaking technology has become a hot topic, with many believing that it could truly revolutionize many industries. But to be clear, not all companies have benefited as much as some of the dominant tech titans have. Just look at Upstart […]
There is no doubt that Nvidia (NASDAQ: NVDA) has been one of the top artificial intelligence (AI) stocks to buy on the market in the past year-and-a-half thanks to the critical role it is playing in the advancement of this technology. After all, training large language models (LLMs) such as ChatGPT wouldn’t have been possible […]
Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex Wong | Getty Images Facebook parent company Meta on Thursday was hit with a major investigation from the European Union into alleged breaches of the bloc’s strict online content law […]
EasyJet Plc passenger aircraft on the tarmac at London Southend Airport in Southend-on-Sea, UK, on Friday, May 3, 2024. Bloomberg | Getty Images Shares of EasyJet fell more than 7% on Thursday after the low-cost airline posted a slightly larger-than-expected loss in the first half of the fiscal year and announced the forthcoming departure of […]
