Business
February 10, 2024
66 views 4 mins 0

Why Palantir Technologies Stock Skyrocketed as Much as 47% This Week

Shares of Palantir Technologies (NYSE: PLTR) charged sharply higher this week, soaring as much as 47.5%, according to data supplied by S&P Global Market Intelligence. By the time the market closed on Friday, the stock was still up 43.2%. The catalyst that initially sent the data analytics and artificial intelligence (AI) systems pioneer higher was […]

Business
February 10, 2024
88 views 5 mins 0

Year of the Dragon: luxury brands embrace the auspicious, mythical creature ahead of the Lunar New Year

“The dragon is definitely the superstar and is the most popular of the 12 zodiac animals,” said Guy Riddell, managing director of Peninsula Merchandising, in an interview at the hotel’s shop. “Everybody loves the dragon as it represents power, prosperity and strength.” The dragon is the only mythical creature in the Chinese zodiac cycle and […]

Business
February 10, 2024
48 views 6 mins 0

Could Intel Become the Next Nvidia?

Intel (NASDAQ: INTC) hasn’t been the world’s greatest stock to own. Over the past decade, Intel’s total return (which includes dividend payments) was about 140%. While that may not seem terrible, the Nasdaq-100‘s total return is about 465% over that same time frame. That’s significant underperformance, and it occurred because Intel has fallen behind on […]

Business
February 10, 2024
98 views 2 mins 0

Great News for SoFi Stock Investors!

Fool.com contributor Parkev Tatevosian reviews the latest developments from SoFi (NASDAQ: SOFI) and what it could mean for investors. *Stock prices used were the afternoon prices of Feb. 7, 2024. The video was published on Feb. 9, 2024. [embedded content] Should you invest $1,000 in SoFi Technologies right now? Before you buy stock in SoFi […]

Business
February 10, 2024
74 views 3 mins 0

Wharton professor Jeremy Siegel says the stock market still has 8% upside — and highlights where investors should put their money to capitalize

Jeremy Siegel says there are plenty of opportunities in today’s market.Getty Images The stock market still has 8% upside through the rest of 2024, according to Wharton professor Jeremy Siegel. Siegel said comparisons of today’s stock market to the dot-com bubble in 1999 are overblown. Here’s the big stock market opportunity Siegel thinks investors should […]

Business
February 10, 2024
55 views 5 mins 0

Year of the Dragon: Hang Seng to top 20,000 points as stocks face early pain, major swings, feng shui expert predicts

Hong Kong’s beaten-down stocks are more likely to generate better returns for investors in the Year of the Dragon that began on February 10, judging by market history. Eric To Chung-yin, a banker-turned-feng shui expert, predicts a successful year ahead. Since its inception, the Hang Seng Index has had a winning year every time the […]

Business
February 10, 2024
96 views 4 mins 0

Mainland China’s stock exchanges issue first guidelines on corporate sustainability disclosure

Companies listed on the BSE, which are mostly small and medium-sized enterprises, are also encouraged to submit sustainability reports voluntarily rather than being forced to. The release of the guidelines was aimed at “standardising the information disclosure of listed companies’ sustainable development, guiding listed companies to practice the concept of sustainability, and promoting the high-quality […]

Business
February 10, 2024
87 views 4 mins 0

Yes, Nvidia Is One. But These Aren’t The Mag 7 You Expect.

With Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META) and the other Magnificent Seven stocks now accounting for around half of the total market capitalization of the Nasdaq, it’s no wonder these titans of tech remain the wonders of Wall Street. But this month’s list of new buys by the best mutual funds reveals a different […]

Business
February 10, 2024
51 views 7 mins 0

Exclusive-Nvidia pursues $30 billion custom chip opportunity with new unit -sources

By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others, including advanced artificial intelligence (AI) processors, nine sources familiar with its plans told Reuters. The dominant global designer and supplier of AI chips aims to capture a […]

Business
February 10, 2024
57 views 7 mins 0

Why Super Micro Computer, Applied Materials, and C3.ai Rallied Today

Shares of artificial intelligence (AI)-related stocks Super Micro Computer (NASDAQ: SMCI), Applied Materials (NASDAQ: AMAT), and C3.ai (NYSE: AI) were rallying on Friday, up 6.1%, 6.9%, and 6.2%, respectively, in Friday trading. None of these stocks had company-specific news to speak of today. However, in general, artificial intelligence stocks continued to power higher on solid news […]

Business
February 10, 2024
57 views 2 mins 0

Rivian On Track To Drive Higher For 2nd Straight Session: What’s Going On With The Stock

Shares of Rivian Automotive, Inc. (NASDAQ:RIVN) climbed in premarket trading on Friday as they carried forward the momentum from the previous session. On Thursday, Rivian climbed about 6.2% to $16.11, and the upside was accompanied by heavy volume. About 57.77 million shares exchanged hands as opposed to the average three-month volume of 34.09 million. The Irvine, California-based company announced […]

Business
February 10, 2024
61 views 11 mins 0

64% of Warren Buffett’s $371 Billion Portfolio Is Invested in Just 3 Stocks

For almost 60 years, the Oracle of Omaha has been dazzling Wall Street. I’m talking about Berkshire Hathaway‘s (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. Since taking over as CEO in the mid-1960s, he has overseen a greater than 4,760,000% gain in his company’s Class A shares (BRK.A). A seven-digit return is certainly going to get […]