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In this piece we will talk about how to play the AI boom and the NASDAQ rally according to hedge fund manager Brad Gerstner. One of the craziest trends these days is artificial intelligence. If you had asked the biggest hedge fund and analyst gurus last year if artificial intelligence would be dominating the airwaves […]...
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The S&P 500 and Nasdaq surged on Thursday to close at their highest in 14 months, as investors cheered economic data that fueled bets that the U.S. Federal Reserve is nearing the end of its aggressive interest-rate hike campaign. Treasury yields slid after a slew of economic data pointed to easing inflation, helping offset worries about future rate hikes and boosting Apple and Microsoft to record highs...
Continue ReadingAdobe Inc. released strong fiscal Q2 earnings, beating on revenue and EPS, with the stock rising 5% after hours. Click for my take on ADBE stock post earnings...
Continue ReadingApple designs, manufactures, and markets smartphones, personal computers, tablets, wearables and accessories. Find out if AAPL stock is a gaming changer for Mac...
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If you're looking for stocks that are no-brainer buys right now, then consider Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), and Costco (NASDAQ: COST) as top businesses to add to your portfolio. With its exposure to multiple fast-growing sectors, Amazon still has lots of potential, even though it's already so massive. Online shopping is the biggest aspect of the overall business, and Amazon has a commanding lead in the U.S. But with e-commerce penetration at less than one-fifth of total retail sales in the U.S., there is undoubtedly lots of room for expansion...
Continue ReadingYear-to-date, through June 14, 2023, the Nasdaq is up 30.2% and the S&P 500 is up 13.9%. Read how a narrow group of mega-cap stocks is doing the heavy lifting...
Continue ReadingUnity (NYSE: U) has been seen as one of the big winners from Apple's (NASDAQ: AAPL) virtual reality (VR) announcement last week. As a development partner, it could be a winner in the long term. In the video below, Travis Hoium highlights why investors should temper their expectations for Unity's VR growth...
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Continue ReadingApple (NASDAQ: AAPL) announced its long-rumored mixed-reality headset at the company's Worldwide Developers Conference on June 5, and Wall Street's reaction to the device hasn't quite been enthusiastic. Shares of Apple haven't moved much since the formal announcement of the Vision Pro headset. Also, the device will hit the market only in early 2024, so it is difficult to gauge what kind of impact it is going to have on Apple's sales...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
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