In line with the company’s exceptional results in the first half of 2024, the price of Alphabet (NASDAQ: GOOGL) stock followed suit, although its more recent performance has not been stellar. However, a newly released artificial intelligence (AI) model is optimistic about its price in 2025.As it happens, Alphabet’s dominating position in the digital advertising market, the increasing adoption of AI automation tools, and the continued success of YouTube in the Connected TV Medium have given Google’s parent c ...

The impact of missed earnings expectations can be severe, as Temu’s parent company, PDD Holdings (NASDAQ: PDD), came to know, experiencing its largest ever one-day drop since its listing on Nasdaq.Namely, on August 26, PDD Holdings released its Q2 earnings report, which posted a miss on expectations with a miss on adjusted earnings-per-share (EPS) of $0.81, compared to expectations of $2.81.Revenue also came in below expectations at $13.35 billion compared to an estimated $13.78 billion, prompting a massive ...

Despite 2024 being marked by insider sales from notable S&P 500 companies, with electric vehicle (EV) makers not being an exception, XPeng (NYSE: XPEV) CEO recently bought $13.2 million of XPEV shares.Namely, on August 26, XPeng’s CEO and co-founder, He Xiaopeng, purchased $13.2 million of XPEV shares, increasing his stake to 18.8% of the overall shares available.The purchase comprised 1 million Class A shares in Hong Kong at an average price of HK$27.13 ($3.48) and 1.42 million American depositary shares ( ...

As Nvidia (NASDAQ: NVDA) investors anticipate the upcoming earnings report scheduled for August 28, the stock’s technical indicators have highlighted key price levels to monitor in the short term.Nvidia ended the last trading session valued at $129, reflecting a 24-hour gain of nearly 5%. On the weekly chart, NVDA is up 4%.NVDA one-week stock price chart. Source: Google Finance Nvidia was up almost 1% in premarket trading on August 26, reaching $130 after ending the previous session at $129. NVDA premarket ...

Although Advanced Micro Devices (NASDAQ: AMD) stock has declined well below its all-time high (ATH) of $211 it reached earlier this year, its recent performance has been increasingly bullish, and a newly released artificial intelligence (AI) model cautiously shares the optimistic sentiment.As it happens, AMD stock has been making positive moves in recent weeks, as its Instinct MI250X accelerator chip powers multiple systems of the world’s 500 largest and most powerful supercomputers, including the Frontier ...

As Nvidia‘s (NASDAQ: NVDA) Q2 earnings report on August 28 is fast approaching, analysts from Bank of America have labeled NVDA stock as a “table-pounding buy.”’Analyst Alexander Perry noted on August 24 that Nvidia’s share price rose 964% from October 2022 to July 2024, still trading within its historical valuation range. He added that it “may have more room to run, but too narrow of a focus on Nvidia, or even semis more broadly, will miss the bigger picture.” According to Perry, any potential market pullb ...

As the third quarter of 2024 unfolds, investors are looking for opportunities that will likely yield significant profits in the coming months.The stock market offers these opportunities due to the wide range of available equities. Some stocks have shown significant growth and will likely deliver profits in the year’s final quarter.In this context, the following are two stocks that could turn a modest investment of $100 into $1,000 for Q4 2024. Nvidia (NASDAQ: NVDA)Nvidia (NASDAQ: NVDA) has been at the foref ...

On the cusp of a potentially game-changing earnings report, Nvidia (NASDAQ: NVDA) is likely to witness a significant breakout in its stock, according to analysis.In particular, a trading analyst known by the pseudonym Market Maestro highlighted the stock’s technical and fundamental setup in an X post on August 24, which points to new highs after the earnings report.The expert pointed out that NVDA’s recent dip toward the Exponential Moving Average 12 (EMA) at $89 on the monthly chart was a rare buying oppor ...

Amazon (NASDAQ: AMZN) has recently shown a significant recovery following a sharp decline between July and August 2024.Despite experiencing a notable drop from its yearly highs above $200, largely due to a broad stock market downturn at the start of August, Amazon has, in more recent trading, initiated a strong recovery.Over the past two weeks, the stock has posted its strongest performance since October 2023, marking a crucial rebound from the losses sustained in the preceding months.  This rebound is part ...

As Nvidia (NASDAQ: NVDA) approaches its highly anticipated second-quarter earnings release on August 28, 2024, the tech giant continues to capture the intense focus of investors. Despite recent market volatility, Nvidia’s stock has demonstrated remarkable resilience this year, posting a year-to-date gain of 151%. However, the stock experienced a decline of over 3% on August 22, bringing its price down to $125.78.This decline added to a week of fluctuating performance, yet Nvidia still managed a 0.78% gain o ...