(Bloomberg) — Tesla Inc. looks more than ever like a mature company, with 11 consecutive quarters of profits and long-term production goals. Yet analysts couldn’t disagree more about where the shares of Elon Musk’s company are going. Their price targets — predictions for the electric-vehicle maker’s stock 12 months from now — range from a […]
Read More(Bloomberg) — Shares of companies renowned for potentially innovative and disruptive products took a gut punch in the past year, but a senior executive at Goldman Sachs Asset Management has a simple message for investors in them: Keep the faith. Katie Koch, chief investment officer for public equities at GSAM, joined the “What Goes Up” […]
Read MoreLooking for stocks at the low side of their historical ranges is a no-brainer approach for a value-oriented investor, because generally increases the odds that the stock will represent a good bargain. It’s an idea that that growth-focused investors and traders don’t embrace, because even the newest, least experienced investor already has it drilled into […]
Read More(Bloomberg) — Three days of heavy selling in technology stocks has erased about $1.5 trillion in market value from the Nasdaq 100 Index. The tech-heavy benchmark sank 4% on Monday, extending its decline to 10% since the Federal Reserve raised interest rates half a percentage point last week and Chair Jerome Powell signaled the Fed […]
Read MoreOne of the big challenges for average investors is sifting through the mountains of information that comes from the market on a daily basis. I think that may be the biggest reason that so many investors have learned over the course of decades of market activity to rely on analyst estimates for a company’s future […]
Read More(Bloomberg) — Software shares took their hardest hit since March 2020 as investors shunned the priciest corner of the U.S. technology group that’s particularly vulnerable to higher interest-rates and slower economic growth. Tech losses were huge on Thursday with the Nasdaq 100 Stock Index sinking more than 5%. But for software makers such CrowdStrike Holdings […]
Read MoreI’m something of a movie buff. I memorize the dialogue from my favorite movies and drive my family nuts when they try to watch a movie with me because I’ll voice the dialogue out loud with the characters. I guess it shouldn’t be too much of a surprise, then to admit that I often find […]
Read More(Bloomberg) — Advanced Micro Devices Inc. gave a strong sales forecast for the current quarter, indicating that it continues to win in its most lucrative market: data-center chips. AMD predicted second-quarter sales of roughly $6.5 billion, compared with an average analyst estimate of $6.03 billion. The company’s forecast includes a contribution from its acquisition of […]
Read More(Bloomberg) — The historic rout in Amazon.com Inc.’s shares last week highlights how difficult the environment has become for e-commerce stocks after their pandemic-driven boom, with investors set for another rollercoaster in coming days. Etsy Inc., Wayfair Inc. and Shopify Inc. are hurtling toward earnings reports this week in the shadow of Amazon’s worst selloff […]
Read More(Bloomberg) — Microsoft Corp., a stalwart of the tech industry, is having a tough time keeping up with the recent rebound in the biggest megacap stocks. Shares of the blue-chip software company are down more than 6% in 2022. That’s in contrast to Apple Inc. which just posted its longest winning streak since 2003, Amazon.com […]
Read More(Bloomberg) — Recent proposals from Alphabet Inc., Amazon.com Inc. and Tesla Inc. tell us one thing: Stock splits can spark big rallies as retail traders pile in. Tesla surged 8% Monday, adding about $84 billion to the company’s market value, after saying it’s planning a second stock split in less than two years. Amazon jumped […]
Read MoreCisco Systems Inc. (CSCO) is one of the most recognizable and established companies in the Technology sector. With a market cap of about $245 billion, they are also one of the largest, if not THE largest player in the Networking & Communications segment. They are, without question, the standard that all other networking businesses are […]
Read More(Bloomberg) — The recent selloff in major U.S. technology and internet stocks comes at an inauspicious time as March 10 marks the anniversary of the peak of the dot-com era, after which some of the market’s then-biggest names began a collapse they would take years to recover from. The Nasdaq Composite Index hit an intraday […]
Read More(Bloomberg) — As the Nasdaq 100 Index once again threatens to fall into a bear market, Apple Inc. is living up to its reputation as a relative haven in a turbulent time for tech. While the shares have declined in 2022, the iPhone maker is the best performer among mega-cap companies, with a 10% drop […]
Read More(Bloomberg) — Toshiba Corp.’s Chief Executive Officer Satoshi Tsunakawa resigned Tuesday in the latest turbulent move at the Japanese firm, with his replacement pledging to move forward with a plan to split the company in two despite opposition from some investors. Tsunakawa will be replaced on an interim basis by senior executive Taro Shimada. The […]
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