To The Moon

Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsLeading cryptocurrencies rose slightly on Tuesday as investors...

$Netflix(NFLX)$ said on Thursday its board has authorized an ​additional $25 billion share repurchase program, resuming capital returns after the ‌streaming giant walked away from a $72 billion deal...

UPDATE 2-Intel lands key first customer for chip '14A' chip tech with Tesla's Terafab project, Musk saysAdds background about Intel and 14A in paragraph 2 and 3, adds analyst comment in paragraph 7. April 22 - Tesla's TSLA.O Chief Executive Officer Elon Musk said on Wednesday the company plans to use Intel's INTC.O advanced 14A manufacturing process to make chips at its Terafab project.The move marks a breakthrough for Intel, which has been trying to revamp its business to attract outside customers to use its chip manufacturing technology. Intel's forthcoming "14A" chipmaking technology aims to compete with top rival Taiwan Semiconductor Manufacturing Co 2330.TW, but Intel had not yet disclosed a major external customer."It’s important to have multiple partners as early design partners to help clean the pipe and work through needed learnings at the leading edge. They will definitely have scale, so a great first non-Intel customer," Bajarin said.

This past week, Meta Platforms filed paperwork outlining incentive plans for senior executives not named Mark Zuckerberg. This wouldn't be news except for the fact that the strike prices for the included stock options range from $1,116 a share to $3,727. Ultimately, for the options to all be in the money, Meta would need a market value of at least $9.6 trillion.Put another way: Meta shares would have to rise 580%, or an annualized 47%, over the five-year terms of the options.And it is "exceedingly aggressive." Meta, one of the largest companies in the world, would have to return to the earnings growth rates it last saw in the 2010s as a relatively young company in the emerging digital ad space.Meta wouldn't get specific when I asked how a $3,700 share price within five years might be possible. But, likely, the dream is that Meta leverages its 3.6 billion users worldwide and becomes the leading provider of consumer artificial-intelligence services, maybe through its AI smart glasses.Met

The iPhone maker projects gross margins well ahead of Wall Street's estimates, reassuring investors that it's successfully managing the surge in memory prices. Apple executives cited a "favorable mix" of high-end hardware and Services growth as a buffer against rising memory costs. Apple CEO Tim Cook is known for being a supply-chain maven. And he faces a tough test as the company navigates a supply environment that's been disrupted by the artificial-intelligence boom.Apple's ability to command strong and expanding margins despite these disruptions partly reflects "favorable mix," CFO Kevan Parekh added. Basically, the company is selling more of its higher-margin, presumably higher-priced products and seeing double-digit growth within its Services business, which includes things like the App Store that are generally more profitable than hardware. Apple's Services segment achieved a record-breaking $30 billion of revenue in the December quarter, growing 14% year over year.It's unclear h

Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsThe cryptocurrency market remains under pressure, with losses...

Alphabet stock on Tuesday extended its record-breaking run having well and truly joinedthe $4 trillion club Monday.

Space stocks rallied on Friday with LUNR up 38%, Sidus Space up 36%, Ondas Holdings, Rocket Lab up around 18%.The Space Development Agency, part of the U.S. Space Force, said on Friday it has reached...

Tesla shares kept rally in premarket trading after hitting all time high on Tuesday.Almost a year after achieving its last closing high, Tesla's stock finally surpassed that mark on Tuesday.The...

S&P 500 stocks may be expensive relative to their historical averages, but many are cheaper than they were at the start of the quarter. Some companies have seen their stocks' forward price/earnings ratios fall significantly since September.Whether stocks are expensive depends on how you look at things.With a weighted forward price-to-earnings multiple of 22.4, the S&P 500 SPX is trading at an 11% premium to its five-year average of 20.1 and a 19% premium to its 10-year average of 18.8.But, since the end of September, the index's forward P/E ratio has actually decreased from 22.9. And more than half of stocks in the S&P 500 now have lower P/E ratios than they did as of Sept. 30.Here are the 20 largest companies by market capitalization that passed the screen, with forward P/E valuations declining and rolling 12-month EPS estimates increasing since Sept. 30. This first table shows the changes in forward P/E ratios and consensus 12-month EPS estimates. You might need to scroll the table o