Snap sees up to 18% revenue growth in current quarter, stock rockets. Alphabet jumps as YouTube, search drive revenue beat. Microsoft jumps as Azure continues strong growth, aided by AI...
Continue ReadingTesla and Stellantis are two automakers that complement each other. Find out why I see both STLA and TSLA stocks as currently undervalued...
Continue ReadingMicrosoft and Google showed investors that heavy artificial intelligence investment can pay off with rising revenue, allaying concerns raised a day earlier by Meta, which said its expensive foray into AI was not immediately paying off. Shares in Google-parent Alphabet were up over 11% in Frankfurt on Friday, while Microsoft shares rose nearly 5%. Microsoft beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by gains from adoption of artificial intelligence across its cloud services...
Continue ReadingThe Conservative Allocation Fund's Institutional Class returned +4.22% for the first quarter compared to +2.52% for the Morningstar Moderately Conservative Target Risk Index...
Continue ReadingTesla (NASDAQ:TSLA) surged after posting its Q1-2024 results. The stock rallied by 12% after its earnings were released and added an additional 5% the day after. Despite the notable two-day rally, shares are still down by more than 30% year-to-date. I am bearish on the stock and believe that its year-to-date trend is a better indicator of what’s to come than the stock’s recent post-earnings rally. The Earnings Report Was Not Great Tesla reported a 9% year-over-year revenue decline. That alone sh...
Continue ReadingThe Partners III Opportunity Fund's Institutional Class returned +8.21% in the first quarter of 2024 compared to +10.02% for the Russell 3000 Index...
Continue ReadingxAI, Elon Musk’s 10-month-old competitor to the AI phenom OpenAI, is raising $6 billion on a pre-money valuation of $18 billion, according to one trusted source close to the deal. The deal – which would give investors one quarter of the company – is expected to close in the next few weeks unless the terms of the deal change. The deal terms have changed once already. As of last weekend, Jared Birchall, who heads Musk's family office, was telling prospective investors that xAI was raising $3 billi...
Continue ReadingThe Multi Cap Equity Fund's Institutional Class returned +8.98% for the first quarter compared to +10.02% for the Russell 3000 Index...
Continue ReadingGoogle's strong Q1 earnings and dividend announcement make its undervalued shares attractive, with potential for further growth. Read more on GOOG stock here...
Continue ReadingThe Large Cap Equity Fund's Institutional Class returned +7.79% for the first quarter compared to +10.30% for the Russell 1000 Index...
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