Broadcom Soars Over 20% on AI Growth: 3 Reasons to Consider Buying
While tech giants like NVDA and META often steal the spotlight in the AI race, Broadcom (AVGO) is proving why it deserves just as much attention. The semiconductor powerhouse is well-positioned to capitalize on the booming AI market, as evidenced by its latest earnings report. The company reported $12.2 billion in AI revenue for the year, marking an incredible [...]
Is Adobe (ADBE) a Buy After Weak Guidance and a 10% Drop? Here’s What You Need to Know
Adobe Inc. (ADBE) released its fiscal year 2024 fourth-quarter earnings report, exceeding expectations for both revenue and earnings. But while the results impressed on paper, weak forward guidance has taken center stage, rattling investors. Here’s a breakdown of the company’s Q4 performance: Adjusted earnings per share: $4.81 compared to the $4.67 analyst consensus. Revenue: $5.61 billion compared to the [...]
Boeing Stock Surges on 737 MAX Production Resumption: Is It Time to Buy BA?
Boeing (BA) saw a nearly 6% jump in stock price this week after the company resumed production of its 737 MAX jetliners following a seven-week strike. The production halt had put the company’s ability to meet its ambitious targets in jeopardy, leaving many investors concerned about Boeing's financial stability. But with a backlog of more than 4,000 orders for [...]
D-Wave Quantum: A Promising Quantum Computing Leader, But Should You Buy Now?
D-Wave Quantum (QBTS) has captured attention in the quantum computing space with an impressive 474.9% rise in the stock’s value in 2024. The surge has been fueled by increasing institutional interest and major partnerships, but it still has investors wondering if the company can maintain this momentum. QBTS has made substantial strides in optimizing quantum computing solutions for industries [...]
Is Palantir (PLTR) Still a Good Buy After 344% Surge in 2024? Here Are 3 Key Factors to Consider
Palantir Technologies (PLTR) has had a great run in 2024, jumping 344% mainly after a strong earnings report and a big defense contract. But with such a huge rise, investors are asking: Is there still more growth left, or has it peaked? Several things are at play, especially Palantir’s push into AI. The company, known for its data analytics, [...]
Market Recap: Inflation Worries, Tech Gains, and Mixed Results
Monday: Wall Street started the week with mixed results. Inflation concerns weighed on the market, causing the Dow to drop 0.3%, while the S&P 500 gained 0.2%, and the Nasdaq surged 1.0%. Tuesday: Treasury yields continued to weigh on the market. The Dow slipped 0.2%, the S&P 500 edged up by 0.1%, and the Nasdaq gained 0.4%. Wednesday: Fed’s [...]
