Wedbush Securities’ senior analyst Dan Ives believes Datadog (DDOG) has significant room to the upside as the stock rallies on stellar Q1 earnings. On Thursday, the cloud-based observability platform reported a blockbuster $1.1 billion revenue, a 32% year-on-year increase that comfortably cleared the $960 million analysts had pencilled in. On the bottom line, adjusted EPS… Continue reading Wedbush says buy Datadog stock into post-earnings strength
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Microsoft stock continues climb as analysts remain strongly bullish
Shares of Microsoft (MSFT) rose in mid-day trading on Thursday, supported by a combination of analyst upgrades and improving sentiment toward software stocks. The stock gained about 2.04% to $422.35, extending its recovery following the company’s recent quarterly results. Earnings beat supports momentum Microsoft’s fiscal third-quarter results, reported on April 29, exceeded expectations and helped… Continue reading Microsoft stock continues climb as analysts remain strongly bullish
Nvidia stock jumps another 3%: analyst sees more upside ahead
Shares of Nvidia (NVDA) rose on Thursday, extending gains from the previous session as the broader semiconductor sector rallied. The stock was up around 3% at $213.53 in early trading, after climbing 5.8% on Wednesday and reclaiming the closely watched $200 level. Analyst reaffirms bullish outlook Goldman Sachs reiterated a Buy rating on Nvidia with… Continue reading Nvidia stock jumps another 3%: analyst sees more upside ahead
Tesla stock climbs 3% to breach $400 again: what’s behind the surge?
Shares of Tesla (NASDAQ: TSLA) climbed on Thursday, rising above the $400 mark as improved sales data from China supported investor sentiment despite ongoing concerns around the company’s long-term strategy. The stock was up around 3% at $409.70 in early trading. China sales provide boost Tesla sold 79,478 vehicles from its Shanghai plant in April,… Continue reading Tesla stock climbs 3% to breach $400 again: what’s behind the surge?
US stocks open higher: Dow jumps 0.4%, Nasdaq edges higher
US equities edged higher on Thursday, supported by declining oil prices and growing optimism that a deal to end the conflict involving Iran could be nearing completion. The S&P 500 rose 0.1%, while the Nasdaq Composite also gained 0.1%. The Dow Jones Industrial Average advanced 174 points, or 0.4%. Oil prices extend decline Energy markets… Continue reading US stocks open higher: Dow jumps 0.4%, Nasdaq edges higher
AGI-26 brings top researchers together to debate future of AI
The AGI Society has confirmed the keynote speakers and full lineup for AGI-26, its 19th annual conference focused on Artificial General Intelligence, scheduled for July 27–30 in San Francisco. The speaker list includes researchers from leading institutions in machine intelligence, including Google DeepMind, MIT, Tufts University, and SingularityNET, reflecting a range of approaches to AGI.… Continue reading AGI-26 brings top researchers together to debate future of AI
FTSE 100 edges lower amid oil price weakness and elections
The UK’s benchmark FTSE 100 index edged lower on Thursday as a stronger pound weighed on multinational companies, while losses in oil majors Shell Plc and BP Plc added further pressure to the market. Investors also monitored local and regional elections across Britain. The blue-chip FTSE 100 index fell 0.6% to 10,380 points by 1112… Continue reading FTSE 100 edges lower amid oil price weakness and elections
Nio stock price has slipped this month: here’s why it may rebound soon
Nio stock price has pulled back in the past few days, mirroring the performance of other Chinese electric vehicles. It was trading at $5.90 on Tuesday, down substantially from the year-to-date high of $7.01. Still, the stock is showing some bullish signals, which may lead to a strong comeback in the near term. Nio stock… Continue reading Nio stock price has slipped this month: here’s why it may rebound soon
Here’s why the S&P 500 Index futures have surged to a record high
The S&P 500 Index futures continued soaring today, May 7, reaching their all-time high, despite the existing geopolitical tensions in the Middle East. It rose to $7,390, up sharply from the year-to-date low of $6,352. Here’s the top reasons why the index is in a strong bull run. SPX Index chart | Source: TradingView S&P… Continue reading Here’s why the S&P 500 Index futures have surged to a record high