Fool.com contributor Parkev Tatevosian discusses what increasing competition could mean for Palo Alto Networks (NASDAQ: PANW) investors. *Stock prices used were the afternoon prices of March 1, 2024. The video was published on March 4, 2024. [embedded content] Should you invest $1,000 in Palo Alto Networks right now? Before you buy stock in Palo Alto […]
Country Garden Holdings said home sales plunged last month to a multi-year low, raising fresh alarm about its financial distress even as the mainland Chinese developer fends off hostile creditors in Hong Kong and seeks forbearance on more than US$10 billion in offshore debt. The firm, once China’s biggest home builder by sales, reported 3.72 […]
In this video, I will review Dell Technologies‘ (NYSE: DELL) latest earnings report, review some key comments made in the call, and compare it to Super Micro Computer. *Stock prices used were from the trading day of March. 4, 2024. The video was published on March 4, 2024. [embedded content] Should you invest $1,000 in […]
In today’s booming market, “Magnificent Seven” stocks like Nvidia (NVDA), Meta Platforms (META), Microsoft (MSFT) and Amazon.com (AMZN) continue to post or pursue record highs. At times like these, investors should have — and follow — time-tested rules on when to sell stocks to protect profits. X IBD’s recommended market exposure level provides one way […]
A woman ponders her retirement plan while sitting in a cafe. T. Rowe Price studied alternative withdrawal strategies suited for retirees with a primary focus on meeting their spending needs, as well as those with considerable assets and a desire to leave an estate for their heirs. A common approach to retirement income relies on […]
Hong Kong stocks slipped after China’s GDP target failed to impress investors amid growth worries in the world’s second largest economy as the country’s annual parliamentary meeting, which will provide insights into the government’s plans for the year ahead, gets under way in Beijing. The Hang Seng Index declined 1.3 per cent to 16,381.21 as […]
Spencer Platt/Getty Images The next big catalyst for the stock market is the February CPI inflation report, according to Fundstrat. It will be released on March 12, and will signal to investors whether the Fed could soon cut interest rates. “We wonder if this is potentially the fundamental catalyst for a sell-off,” Fundstrat said. Th […]
A pundit at a prominent bank got notably less bullish on Snowflake (NYSE: SNOW) stock as the trading week kicked off, and the company’s stock subsequently fell to close Monday 5.5% lower. While the day wasn’t a particularly memorable one for stocks generally, Snowflake’s decline was far sharper than the S&P 500 index’s 0.1%. Citi […]
Artificial intelligence (AI) start-up Anthropic, one of the sector’s most closely watched companies, is rolling out new software for its chatbot Claude that will be better at carrying out complicated instructions and less prone to making things up. On Monday, San Francisco-based Anthropic introduced three new AI models – Claude 3 Opus, Sonnet and Haiku. […]
(Bloomberg) — The mood was practically giddy when the heads of two regional banks hosted a town hall in the spring of 2021. Most Read from Bloomberg The industry’s long drought in mergers was ending, and two lenders below the public’s radar, New York Community Bancorp and Flagstar, were poised to become more formidable by […]
When assessing a stock, one worthwhile task is to check out Wall Street analysts’ one-year price target. Analysts aren’t all-knowing or always correct, but seeing their estimates can help you refine your own thinking about a stock. As I write this, the average price target for Palantir Technologies (NYSE: PLTR) is $19.50 across 19 analysts […]
Shares of Nvidia (NASDAQ: NVDA) were climbing again today even though there was no company-specific news on the artificial intelligence (AI) stock juggernaut. However, AI stocks have a tendency to move in unison, and good news from fellow traveler Super Micro Computer (NASDAQ: SMCI) seemed to lift Nvidia stock as well. Super Micro shares jumped […]
