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Monster insider trading alert for Netflix (NFLX) stock
Finbold· 2024-10-23 12:03
Netflix (NASDAQ: NFLX) is witnessing a surge in insider selling activity, with several top executives offloading significant portions of their holdings. According to an SEC filing, Co-CEO Gregory K. Peters sold 4,186 shares of Netflix common stock on October 18, 2024, as part of a pre-established Rule 10b5-1 trading plan, which he adopted on July 26, 2023. Peters executed this transaction for $750 per share, resulting in proceeds of approximately $3.14 million. Prior to the sale, Peters exercised stock opti ...
Analysts revise Qualcomm stock price target
Finbold· 2024-10-23 10:42
So far, Qualcomm (NASDAQ: QCOM) has been experiencing significant stock market success in 2024, albeit not without facing some headwinds along the way.Indeed, though the stock is up 23.50% year-to-date (YTD) to its latest closing price of $173.18, it is simultaneously down a significant 24% from its June highs near $230.The growing issues become even more evident once the 5.13% drop in the extended session between Tuesday, October 22, and Wednesday, October 23, is factored in. QCOM stock YTD price chart. So ...
Amazon chart pattern alert — 63% upside?
Finbold· 2024-10-23 10:25
Amazon (NASDAQ: AMZN) has experienced growth in 2024 — but it has been far from smooth and uneventful. While AMZN’s share price has appreciated, inflation, supply chain issues, and regulatory scrutiny, as well as increased competition, have served to limit the rally.In July and August, the stock experienced a significant 19.5% crash — dropping from an all-time high of $200 on July 2 down to $161 on August 4. Since then, the online retail leader has been on a steady road of recovery — at press time, AMZN sha ...
AI predicts Google stock price for year-end
Finbold· 2024-10-22 17:39
Core Viewpoint - Alphabet Inc. has faced a stock price pullback from its all-time high of $192 due to antitrust pressures and increased competition in the AI sector, with current trading at $164 and a modest gain of 1% over the past month, leading to predictions of a stock price range between $170 and $190 by the end of 2024 [1][5] Legal Uncertainty and Antitrust Concerns - Ongoing antitrust case by the U.S. Department of Justice accuses Google of maintaining an illegal monopoly in search and text advertising, with a recent temporary victory allowing a delay in court-mandated remedies related to its Play Store [2] - Legal challenges remain significant, and adverse outcomes could have long-term implications for Google's core business [2] AI Dominance and Growth Opportunities - Google's search engine market share is projected to drop below 50% for the first time in over a decade due to emerging AI competitors like Perplexity and OpenAI's ChatGPT [3] - Despite competition, Google is actively pursuing AI advancements, including a partnership with Honeywell to enhance industrial efficiency through its Gemini AI [3][4] Waymo's Autonomous Vehicle Expansion - Waymo continues to lead in the robotaxi sector, with analysts predicting significant operational scaling ahead of competitors like Tesla, which has faced challenges in its robotaxi initiatives [4] - Wall Street analysts have not fully accounted for Waymo's growth potential in Alphabet's overall valuation, indicating untapped upside if Waymo's strategy is successfully executed [4] AI Prediction for Google Stock by Year-End - AI-driven models suggest Google's stock could reach $190 by the end of 2024, assuming legal challenges do not escalate and Waymo's expansion continues to gain traction [5] - A more conservative year-end price closer to $170 is also possible if antitrust rulings and AI competition further erode Google's market share [5] - The trajectory of Google's stock will depend on its ability to navigate legal challenges and capitalize on growth opportunities in AI and autonomous vehicles [5]
Netflix stock on track for $840: Here's the path to year-end gains
Finbold· 2024-10-22 15:15
With Netflix (NASDAQ: NFLX) recently hitting a record high following its strong Q3 2024 earnings report, an investment firm has projected that the stock is on track to breach the $840 mark by the end of 2024.This upward momentum is largely driven by the company’s strategic focus on expanding its core movie and TV offerings, alongside efforts in gaming and improving its advertising strategy. The streaming giant’s stock surged to a record close of just over $772 on October 21, 2024, marking a 34% gain over th ...
Did McDonald's shares fall after Trump's fry serving stunt?
Finbold· 2024-10-22 14:44
After former President Donald Trump made headlines serving fries at a McDonald’s drive-thru in Pennsylvania over the weekend, some were quick to speculate that the fast food giant’s stock might see some turbulence. During Monday’s trading hours, McDonald’s (NYSE: MCD) shares experienced a slight dip, but was it really due to Trump’s impromptu shift behind the counter?On Sunday, Trump was spotted chatting with voters and handing out fries, creating a buzz across social media. However, McDonald’s was quick to ...
Nvidia stock vs. Nvidia ETF: Which is the better buy?
Finbold· 2024-10-22 14:42
While Nvidia (NASDAQ: NVDA) has been among the world’s most-discussed and fastest-growing major companies, it hasn’t been an investment for everyone. Indeed, income-focused investors would find much to be desired when examining NVDA as, for example, a $1,000 stock purchase made in January would have yielded just $0.20 in dividends on October 3.One exchange-traded fund (ETF) – YieldMax NVDA Option Income Strategy ETF (NVDY) – set out to eradicate this deficiency and has, so far, met with stellar success. The ...
Nvidia (NVDA) stock hits ATH, but this indicator is signaling weakening momentum
Finbold· 2024-10-22 13:04
Nvidia’s (NASDAQ: NVDA) meteoric rise saw the stock tap another all-time high, but analysis of the equity’s relative strength index (RSI) suggests this momentum might be short-lived.The stock closed up 4.14% to $143.71 during the latest session. In 2024, the semiconductor giant is now up 190.2% year-to-date.NVDA YTD stock price chart. Source: Google Finance Despite NVDA’s apparent strength in the price breakout, technical signals suggest caution might be warranted, with the RSI entering oversold territory, ...
Analyst revises Tesla stock price target ahead of earnings
Finbold· 2024-10-22 12:20
Electric vehicle pioneer Tesla (NASDAQ: TSLA) is in a precarious spot at the moment. After a lukewarm to bearish response to the company’s October 10 Robotaxi day event, TSLA stock price dropped by 8.8% — from $238 to $217.Although the event did feature several key announcements, investors were left wary after yet another full self-driving (FSD) delay from Elon Musk.At press time, Tesla shares were trading at $217.54 — in the last thirty days, prices have declined by 12.98% in total — bringing year-to-date ...
All eyes on Tesla: How will TSLA stock react to Q3 earnings?
Finbold· 2024-10-21 13:40
Tesla’s (NASDAQ: TSLA) stock is struggling to hold above $220, with this week’s Q3 earnings report likely to determine its next move.The stock ended the October 18 session valued at $220.70, down less than 0.1%. This has extended its losses over the past month, during which TSLA has dropped by over 11%. In premarket trading on October 21, Tesla’s stock price was down almost 1.3%. TSLA one-month stock price chart. Source: Google Finance What to expect from Tesla’s Q3 earnings report As the EV maker prepares ...