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These two blue-chip stocks have had slow growth recently but are in a position to be great long-term investments...
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The bottom could be a long way down...
Continue ReadingAs the Gulf region gains growing strategic importance in the tech war between the U.S. and China, Microsoft makes a big move into one of its oil-rich countries. On Monday evening, Microsoft announced a $1.5 billion strategic investment in G42, the Abu Dhabi-based company that has become a major force in the United Arab Emirates' effort to be a global leader in artificial intelligence. The minority stake will give Brad Smith, Microsoft's vice chair and president, a seat on G42's board of director...
Continue ReadingRivos made headlines in 2022 after Apple filed a trade secrets suit against it, which accused Rivos of hiring away dozens of Apple engineers and using confidential info to develop chips to rival the iPhone maker's own. Rivos denied the allegations and countersued Apple for unfair competition. Apple ended up settling its lawsuit in February. Around the same time, it ended separate litigation with several of the Apple engineers Rivos had hired. Now, with the courtroom drama behind it, Rivos is red...
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Apple has experienced downgrades and concerns about growth, but Apple bears disregard the considerable investment Cupertino has made in AI. Read more here...
Continue ReadingTesla stock closed below technical support levels at about $164 a share on Monday. Fairlead Strategies cofounder Katie Stockton says the next support level for the shares is around $148.Read the full .....
Continue ReadingThough artificial intelligence (AI) and Nvidia look like can't-miss opportunities, things aren't always what they appear to be on Wall Street...
Continue ReadingTesla's global job cuts include reducing staff in the U.S. and China, the automakers' two biggest markets, across sales, tech, and engineering, five sources briefed on the matter said. Several U.S.-based service centres saw heavy layoffs effective immediately, primarily of sales staff and technicians, one source said...
Continue ReadingEven when using relatively optimistic earnings growth assumptions, we find Microsoft significantly overvalued. Read more to see our analysis on MSFT stock...
Continue ReadingLive Nation tumbles after a report says the Justice Department is planning to file an antitrust suit against the ticketing giant, while Trump Media and Tesla shares extend losses. UnitedHealth, Johnson & Johnson, Bank of America, and Morgan Stanley are scheduled to report earnings Tuesday...
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