Microsoft Corporation (NASDAQ: MSFT) is reportedly working with Advanced Micro Devices Inc (NASDAQ: AMD) on a new AI chip code named “Athena”. Shares of the semiconductor behemoth are up 5.0% today. Analyst reacts to AMD-MSFT collaboration So far, Microsoft does not have a special purpose processor that can be used to train large language models.… Continue reading Is it worth buying AMD shares on the Microsoft news?
Stock Research
SolarEdge stock should be worth $375: Deutsche Bank analyst
SolarEdge Technologies Inc (NASDAQ: SEDG) is currently about flat for the year but the path forward for this stock will be way more positive, says Corinne Blanchard – a Deutsche Bank analyst. SolarEdge stock has a 33% upside On Friday, Blanchard upgraded the solar stock to “buy” and raises her price objective to $375 that… Continue reading SolarEdge stock should be worth $375: Deutsche Bank analyst
Lyft stock tanks 20% after Q1 report: has it hit the bottom yet?
Shares of Lyft Inc (NASDAQ: LYFT) are down more than 20% this morning even though the ride-hailing company reported market-beating results for its first financial quarter. Lyft stock down on disappointing guidance The tech stock is being punished for the guidance that came in shy of Street estimates. Lyft now expects $20 million to $30… Continue reading Lyft stock tanks 20% after Q1 report: has it hit the bottom yet?
IAG share price ticks up on first Q1 profit since 2019
International Consolidated Airlines Group SA (LON: IAG) is trading up today after reporting its first Q1 profit since 2019. Analyst reacts to IAG’s quarterly results IAG said it swung to an operating profit of €9.0 million ($9.9 million) in the first quarter. In comparison, analysts had forecast an adjusted operating loss of €156.6 million. Reacting… Continue reading IAG share price ticks up on first Q1 profit since 2019
Scottish Mortgage (SMT) vs Invesco QQQ: one is a better buy by far
Scottish Mortgage (LON: SMT) share price has continued falling this year even as technology stocks have jumped. The shares were trading at 627p on Friday, a few points above the year-to-date low of 607p. They have plunged by ~59% below the highest level in 2022. SMT vs QQQ ETF Scottish Mortgage and Invesco QQQ are… Continue reading Scottish Mortgage (SMT) vs Invesco QQQ: one is a better buy by far
Newmont’s revenue missed estimates as gold prices surged
Newmont (NYSE: NEM) reported mixed financial results even as the price of gold approached its all-time high. In all, the company’s earnings per share of 40 cents was slightly better than estimates. Newmont’s revenue came in at $2.6 billion, which missed the median estimates by about $21 million. The company mined 1.27 million ounces of… Continue reading Newmont’s revenue missed estimates as gold prices surged
As the Fisker (FSR) stock price surges, potential risks remain
Fisker (NYSE: FSR) stock price has been one of the best-performing electric vehicle (EV) stocks this week even as Tesla slumped. The shares jumped to a high of $6.26 on Wednesday, the highest point since March 29. Why did FSR stock go up? Fisker is one of the top EV companies that is challenging Tesla… Continue reading As the Fisker (FSR) stock price surges, potential risks remain
NatWest share price after the strong Barclays earnings
NatWest (LON: NWG) share price rose sharply, helped by the strong results from Barclays. The stock jumped to a high of 274.8p, which was slightly higher than this week’s low of 264p. Other British bank stocks like Barclays, Lloyds, and Standard Chartered jumped as well. Barclays earnings boost Bank stocks have been on edge this… Continue reading NatWest share price after the strong Barclays earnings
LVMH price target after surpassing $500 billion in market value
LVMH is a European luxury conglomerate and a family-run group. Made of 75 different brands/houses, the group generated revenues of EUR79.2 billion and employs nearly 200 thousand people worldwide. The stock made headlines this week as it has reached in the OTC markets a stock market value of $500 billion. It is a milestone for… Continue reading LVMH price target after surpassing $500 billion in market value