Investors believe that a Trump administration will be less aggressive on antitrust regulations than Joe Biden’s administration...
Continue ReadingThe sector has brushed off the rejected nuclear deal between Amazon.com and Talen Energy. Analyst consensus puts Vistra Q3 EPS ahead 9% to $1.64 on revenue of $5.01 billion, up 22% vs. Q3 2023. The nuclear power utility's third-quarter announcement comes after Constellation Energy reported better-than-expected third-quarter earnings and revenue while also narrowing its 2024 profit expectations early Monday...
Continue ReadingWe came across a bullish thesis on Amazon.com, Inc. (AMZN) on Elliot’s Musings’ Substack by Elliot. In this article, we will summarize the bulls’ thesis on AMZN. Amazon.com, Inc. (AMZN)’s share was trading at $195.78 as of Nov 4th. AMZN’s trailing and forward P/E were 42.29 and 33.67 respectively according to Yahoo Finance. Amazon delivered a record […]...
Continue ReadingMark Zuckerberg and Tim Cook have some work to do. The market euphoria that greeted Donald Trump’s victory in the U.S. presidential election on Wednesday had an uneven impact on megacap tech stocks. Apple and Meta Platforms were notable laggards, with Apple up only a fraction while Facebook’s parent company slipped by 1%...
Continue ReadingWhy Brett Ashcroft Green is looking at Japanese stocks, big tech and ETFs offering growth and income...
Continue ReadingA majority of Big Tech stocks were on the rise Wednesday after former President Donald Trump won his reelection bid against Democratic nominee Kamala Harris...
Continue ReadingAmazon (AMZN) CEO Andy Jassy tried to reassure unhappy workers that ending remote work is not an attempt at a “backdoor layoff.”...
Continue ReadingTrump Presidency Likely to Boost Big Tech, Tesla With Major AI Initiatives, Wedbush Says...
Continue ReadingAs Nvidia stock breaks out and Google gets ready to follow suite, this Covid-era darling regroups and zooms higher...
Continue Reading(Bloomberg) -- One of the year’s best-performing artificial intelligence stocks could be about to face a rude awakening.Most Read from BloombergParis Restricts Through Traffic in City CenterFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowArm Holdings Plc is due to report results after the market close, and investors are skeptical that the chip-design company will be able to justify the almost 90% share-price jump that has made it one of the most expensive stocks in t...
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