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Apple Inc.'s fiscal Q4 results were decent, but holiday quarter guidance and revenue expectations are below estimates. Click for my AAPL update and rating change...
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Goldman Sachs sees the majority of the S&P 500's gains for 2024 coming late in the year when investors get clarity on the timing of rate cuts and US elections conclude...
Continue ReadingDow Jones software giant Microsoft stock hit a new buy point amid big AI news at the company's Ignite 2023 event...
Continue ReadingMicrosoft on Wednesday announced a duo of custom-designed computing chips, joining other big tech firms that - faced with the high cost of delivering artificial intelligence services - are bringing key technologies in-house. Microsoft said it does not plan to sell the chips but instead will use them to power its own subscription software offerings and as part of its Azure cloud computing service. At its Ignite developer conference in Seattle, Microsoft introduced a new chip, called Maia, to speed up AI computing tasks and provide a foundation for its $30-a-month "Copilot" service for business software users, as well as for developers who want to make custom AI services...
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Generative AI is going to create a "tsunami of disinformation" leading into the 2024 election...
Continue ReadingARK Investments Founder, CEO, and Chief Investment Officer Cathie Wood is teaming up with 21shares to launch new crypto-focused ETFs. Wood joined Yahoo Finance's Julie Hyman to discuss the 21shares partnership, Tesla (TSLA), the Fed, inflation, bitcoin (BTC-USD), and more. Here are some of the highlights. Tesla price cuts (00:00:03) "All that Tesla's price cuts have done is offset the interest rate hit," Wood said. "So really the monthly payments haven't gone anywhere. Tesla will continue to cut prices because it can." The Fed and inflation (00:00:35) "I think they (the Fed) are in the process of making a mistake," Wood explained. "Now we're getting more prints again that are saying, the Fed probably has overdone it ... We have lots of callbacks with managements, and they're saying, why are you the only ones seeing recession? Why can't the Fed see this? This is what we're going through." New crypto-focused ETFs (00:01:17) "They were focused on the infrastructure, the regulations, really blazing a trail. They had to invent things in order to make this happen," Wood said. "We're just delighted to be partnering with them given how much groundwork they had to lay for this to happen." Watch the full interview with ARK Invest's Cathie Wood on Yahoo Finance...
Continue ReadingIn this piece, we will take a look at the 12 latest stock picks in Ken Fisher’s investment portfolio. If you want to skip our introduction to one of the richest and most well known hedge fund investors in the world, then take a look at Ken Fisher Portfolio: 5 Biggest Positions. Ken Fisher is […]...
Continue ReadingMeta on Wednesday appealed against "gatekeeper" designations for its Messenger and Marketplace platforms, the first Big Tech company to challenge new European Union rules setting out dos and don'ts for the online services. As part of its latest crackdown on Big Tech, the EU in September picked 22 "gatekeeper" services, run by six of the world's biggest tech companies, to face new rules under the Digital Markets Act (DMA)...
Continue ReadingBlink Charging's stock price has dropped by 64% YTD, reflecting the overall poor performance of the EV market this year. Read what's next for BLNK stock...
Continue ReadingSTOCKSTOWATCHTODAY BLOG It’s filing season for a string of major hedge funds, and big tech names like Apple Microsoft and Nvidia were among the most-traded equities in the third quarter. With the seven big tech firms—Apple (ticker: AAPL), Amazon...
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