Palantir’s stock is in the bubble territory.The potential normalization of the company’s growth rate and the recent selling of shares by insiders could suggest that the stock has reached its peak for now.We continue to believe that Palantir is a Strong Sell at this point.
Tesla, Inc. stock prices rallied in tandem with the China stock market, both advancing more than 20%, in the past month.China’s recently announced stimulus policies are the key driver for both in my v
It depends on the fundamentals. However, the technical bounce can continue, and if the key resistance for S&P 500 is broken, the new highs are possible. Interactive Brokers reported that retail investors were heavily buying into the selloff, particularly Nvidia, just before the bounce. Thus, the
Forget Nvidia: Billionaires Are Selling It and Buying This Top Artificial Intelligence (AI) Rival Hand Over Fist Instead
More than a half-dozen prominent billionaire investors dumped shares of Nvidia during the March-ended quarter, with many of these top-tier asset managers choosing to buy shares of a key competitor.
AMD Is a Distant No. 2 to Nvidia. Its Stock Could Be a Winner Anyway
Advanced Micro Devices has always been a bridesmaid, never a bride. That's not a problem for the stock, even as it trails market leader Nvidia in artificial intelligence.AMD stock, up more than 500% over the past five years, has dropped some 20% since peaking on March 7. What began as a simple decline as the market pulled back following a hot start to 2024 morphed into something more worrisome as quarterly earnings beat by just a penny and guidance was left unchanged. AMD didn't seem to be making enough progress in AI against Nvidia to make up for weakness in other areas, like videogaming and auto chips.The upshot: AMD stock could remain on its long-term trajectory -- it has climbed more than 1,000% in 20 years. That's not Nvidia's 53,000% gain, but it's hardly shabby.Certainly, Analog Devices' results this past week bode well for the industrial segment. For its fiscal second quarter, Analog Devices reported industrial sales of more than $1 billion, versus estimates of $953. The beat h