(Bloomberg) -- Once one of the highest-rated stocks on Wall Street, Alphabet Inc. is getting a cooler reception from analysts after rallying 35% this year.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Swoon After Jobs Data Dashes Rate Cut Hopes: Markets WrapNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameZuckerberg’s First Tweet in 11 Years Is Playful Jibe at...
Continue ReadingVolkswagen said on Thursday that it plans to launch autonomous, or self-driving, vehicles for ride hailing and goods delivery services in Austin, Texas by 2026. The German automaker, which had previously made a costly bet on Ford's now closed self-driving car unit, Argo, has been partnering with supplier Mobileye, in a strategic shift. This year, Volkswagen plans to test 10 ID Buzz electric vehicles retrofitted with Mobileye's autonomous driving platform with safety drivers on board in limited areas of Austin, including downtown...
Continue ReadingGoogle originally planned to release the chip, internally called Redondo, next year to replace the semicustom chips it currently designs with Samsung Electronics, the report said. The tech giant will also switch from Samsung to Taiwan Semiconductor Manufacturing Co (TSMC) for making the chips, called Tensors, according to The Information. Google did not immediately respond to a Reuters request for comment, while TSMC declined to comment...
Continue ReadingSt. James Investment Company Q2 2023 Value Investor's quarterly letter was published recently. Click here to read the full fund letter...
Continue ReadingTwo of the most successful hedge fund managers have been buying Amazon stock ahead of the next bull market...
Continue ReadingOur 3-step process focuses on wide-moat stocks. We're only interested in targets attractively valued in historical comparison. Read what investors need to know...
Continue ReadingWhile AWP's tech holdings shot up by 23.5%, other sectors dragged down returns in Q2. Read more to see the full update and my thoughts on Q3 and beyond...
Continue ReadingFor Q2 2023, the Palm Valley Capital Fund gained 1.62%. Click here to read the full fund letter...
Continue ReadingExcitement over AI has driven equities this year. Yet investors should maintain a disciplined, long-term focus amid uncertain market conditions...
Continue ReadingStocks fell modestly Wednesday, but Google and CRM flashed buy signals. Meta launched Twitter rival Threads late Wednesday...
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