China's AI Race Heats Up; Alibaba (NYSE:BABA) Rises – TipRanks.com – TipRanks
The AI arms race has captured the imagination of investors for the past few years, if not more, thanks to government involvement. But for the common end user, it hasn’t been around that long. Currently, the Chinese are rushing to build their own AI empire, and Chinese stocks like Alibaba (New York Stock Exchange:Baba) is […]
Riot Platforms or Marathon Digital: Needham Chooses the Superior Bitcoin Stock to Buy – TipRanks.com – TipRanks
Bitcoin surpassed the $60,000 mark for the first time since the back end of 2021. This rally was fueled by the long-awaited approval of a Spot Bitcoin ETF, suggesting institutional adoption is coming. While this has been one of the key drivers for rising asset values, another driver is coming. Approximately every four years, Bitcoin […]
Nvidia at $820: Top Analyst Ivan Feinseth Looks for the Next Price Move – TipRanks
The dictionary definition of “unstoppable” can easily be considered as: Nvidia (NASDAQ:NVDA). The company’s stock has grown strongly, driven the AI-themed market rally, continued to accumulate profits, and delivered one strong performance after another in its financial results over the past year. Since the beginning of the year, Nvidia stock has risen 66% to an […]
‘Don’t Get Too Excited,’ Says William Blair About Palantir Stock – TipRanks
Government IT Security Contractor Stock Palantir Technologies (NYSE:PLTR) reported a 20% increase in quarterly sales and a more than 200% increase in quarterly revenue, and had a great month in February, jumping more than 50%. However, as a result of this rapid rise in price, the company’s stock now trades at a nosebleeding 270 times […]
PLUG Earnings: Plug Power Fizzles after Shaky Earnings Results – TipRanks.com – TipRanks
There was good news and bad news for Plug Power (Nasdaq: Plug) Today, Green Hydrogen Stocks announced its financial results. There was good news, but bad news overshadowed it. In fact, Plug Power was down more than 4% in Friday morning trading. The good news is that there are no longer concerns about Plug Power’s […]
Nvidia (NASDAQ:NVDA) Q4 Preview: What to Expect? – TipRanks.com – TipRanks
Chip giant Nvidia (Nasdaq:NVDA) will announce its fourth quarter 2024 financial results on February 21st. Wall Street analysts are optimistic about NVDA and expect it to post solid financial numbers, especially due to demand from artificial intelligence (AI) in its data center business. It’s worth noting that most analysts raised their price targets on NVDA […]
Microsoft-Backed (NASDAQ:MSFT) OpenAI Hits $80B Valuation – TipRanks.com – TipRanks
Tech giant Microsoft (NASDAQ:MSFT) Backing OpenAI was a good bet, if recent valuations are any indication. OpenAI recently signed a deal that will value the company at least $80 billion if all goes according to plan. This tripled its valuation compared to the previous transaction just a few months ago. It also makes OpenAI one […]
Alphabet Stock (NASDAQ:GOOGL) Is Now My Largest Tech Holding. Here's Why – TipRanks.com – TipRanks
Alphabet stock (NASDAQ:Google) (NASDAQ:GOOG) is currently my largest technology holding, accounting for about 8% of my portfolio. I’ve added to my position a number of times recently as Alphabet’s fourth quarter results showed strong sales growth, margin expansion, sharply rising profits, and increased capital gains. Furthermore, even though Alphabet maintains double-digit revenue and bottom-line growth […]
Top Analyst Christopher Rolland Sets Expectations for Nvidia Stock Ahead of Earnings – TipRanks.com – TipRanks
Market capitalization of major semiconductor companies Nvidia (NASDAQ:NVDA) It overtook Amazon on Wednesday and is closing in on Alphabet (Apple and Microsoft are already looking nervously in their rearview mirrors). So will Nvidia move into third place when it releases its earnings next week on February 21st? Susquehanna’s Christopher Rolland, a 5-star analyst who often […]
Dropbox (NASDAQ:DBX) Posts Earnings, Shares Plummet – TipRanks.com – TipRanks
Online file storage solution Dropbox (NASDAQ:DBX) earnings were released and things looked pretty good. It was all about the beats. That was supposed to be a winning formula for the investor, but instead the investor spit the final product out of his mouth and ran for the hills, at one point taking with him over […]