IonQ shares have dropped 53% from January highs. Is this quantum computing pioneer now a bargain or still too speculative?...
Continue ReadingInvestors aren't looking far enough down the road for its currently floundering AI efforts...
Continue ReadingGotham City said Kyndryl manipulated its reported adjusted EBITDA and adjusted free cash flow to give the appearance of profits and cash flow while in reality it generated losses and burned cash. "An economically realistic calculation of FCF shows that the company has never generated free cash flow, which should be particularly concerning that revenue has declined every single year," the report said. Kyndryl is a former infrastructure services business of IBM and operates in the consulting and IT industry where it has been benefiting from higher demand for its offerings due to a push into artificial intelligence...
Continue ReadingAmid broader market volatility, Computer Software industry participants like Microsoft (MSFT), Open Text (OTEX) and ACI Worldwide (ACIW) are set to gain from steady digital transformation and strong adoption of AI and cloud computing...
Continue Reading(Reuters) -As the global auto world reeled from the potential fallout of Donald Trump's new auto tariffs, one name stood out as less affected than others - electric-vehicle maker Tesla. The Texas-based company's shares were the rare automotive stock to trade in the green in U.S. action, as analysts said Tesla's supply chain and financial performance may not be affected by the wide-ranging levies that will affect global shipments of both cars and car parts to the United States, mainly due to the company's largely domestic production. Still, that relief in the United States, where Musk has become one of President Trump's primary advisers, tasked with swiftly cutting federal spending, may not improve the brand's reputation worldwide...
Continue ReadingDow's 100-point fall led by losses in Goldman Sachs, 3M shares...
Continue ReadingAlibaba has released an artificial-intelligence model which could be a perfect fit to equip Apple’s iPhones with AI capabilities in China...
Continue ReadingTesla (TSLA) has become a meme stock, Hillary Kramer, the CIO of Kramer Capital Research said during a segment on meme stocks on Schwab Network yesterday. Appearing opposite Kramer, Lee Munson, the President and CIO of Portfolio Wealth Advisors, panned GameStop (GME) and recommended DoorDash (DASH) for some risk-tolerant investors and speculators. Kramer: TSLA Has […]...
Continue ReadingHere's a look at some of the stocks on the move on Thursday, March 27. Winnebago Industries (WGO) shares are rising after posting second quarter earnings that topped Wall Street estimates. Jefferies cut its rating on Advanced Micro Devices (AMD) to Hold from Buy. HSBC cut its price target on Tesla (TSLA) shares to $130 from $165. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here...
Continue ReadingThe Schwab Network recently presented an option strategy involving Amazon.com Inc. (AMZN) stock for investors to consider. The network’s host noted that the strategy attempts to exploit AMZN’s elevated volatility levels, along with the fact that it recently broke above its simple moving average of around $200. The latter level also currently represents a “key […]...
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