Amid multiple positive news for Oracle Corporation (NYSE: ORCL), including partnerships with major names in the field of artificial intelligence (AI), it is hardly a surprise that ORCL shares have reached a new all-time high (ATH) in price, and analysts are optimistic its gains will continue.Indeed, Oracle has recently announced multicloud partnerships with technology behemoths OpenAI, Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOGL) with a goal of offering better and faster AI cloud services to their ...

The ongoing artificial intelligence rally in the stock market has made companies such as Broadcom (NASDAQ: AVGO) real winners regarding performance, guidance, and stock growth.For the second quarter fiscal year 2024 results, the company announced on June 12 that it had outperformed analysts’ consensus estimates, reporting adjusted earnings per share of $10.96 compared to the expected $10.84 and revenue of $12.49 billion, surpassing the anticipated $12.03 billion. Impressive guidance and AVGO stock split Bro ...

In internet terms, a debate has been raging for entire epochs about whether Tesla Motors (NASDAQ: TSLA) ought to be regarded as a technology firm or a car company.Indeed, for years, the fans of Tesla and its billionaire CEO have been arguing that the electric vehicle (EV) maker is far ahead technologically than other firms, while the bearish netizens and analysts have been calling its big-tech-like valuation unreasonable.Elon Musk himself recently opined that his car manufacturer should not only be consider ...

Amid a controversial conflict between Apple (NASDAQ: AAPL) and Tesla (NASDAQ: TSLA) and SpaceX CEO Elon Musk over Apple accelerating its artificial intelligence (AI) efforts, AAPL shares have hit a new all-time high (ATH), and analysts have updated their AAPL stock price targets accordingly.Indeed, after Apple announced a partnership with OpenAI to integrate its technology directly into the operating system of its iPhones, iPads, and Mac computers, Musk has threatened to ban Apple’s devices in his companies ...

Group 1 - The European Commission announced additional duties of up to 38.1% on imported Chinese electric vehicles, effective July 4, which is expected to lead to potential retaliation from China [1] - The U.S. has increased tariffs on Chinese imports, including electric vehicles, with plans to quadruple tariffs on EVs to over 100% and double tariffs on semiconductors to 50% [2] - Chinese EV stocks, including Nio, XPeng, and Li Auto, experienced significant declines in pre-market trading following the news of increased tariffs, reflecting broader losses since the beginning of the year [3] Group 2 - The upcoming tariffs are anticipated to negatively impact stock prices, delivery, and production numbers as accessing and supplying products to European and American markets becomes more expensive [4]

Arguably the most exciting stock in the world in the last 12 months – the semiconductor titan Nvidia (NASDAQ: NVDA) – gave investors and analysts even more cause for optimism earlier in June with a 10-for-1 stock split.While the move does not have the practical implications it would in the era before fractional stock ownership became commonplace, it remains both a testament to NVDA’s incredible performance in recent years and makes whole-share ownership more feasible for many everyday investors.Additionally ...

Warren Buffett, the famed Oracle of Omaha, has undertaken many savvy trades in the last eight decades, ensuring both his reputation as a titan of investing and his net worth of over $120 billion.His biggest holding, and arguably his best trade of the last decade, Apple (NASDAQ: AAPL) has helped Buffett’s wealth skyrocket since he first bought the stock in 2016.Still, despite profiting significantly from making AAPL shares accounting for about 50% of his portfolio, the Oracle of Omaha has mostly been selling ...

Amid Tesla (NASDAQ: TSLA) recording positive results with its humanoid robot Optimus and ongoing controversy regarding the 2018 pay package for its CEO Elon Musk, some Wall Street analysts have updated their stock ratings for the popular electric vehicle (EV) manufacturer.Indeed, TSLA stock has been in the $175 price range for multiple weeks and months, with the exception of a brief increase to $186 in May, when the company revealed new details for its electric semi truck program, shortly after which the Te ...

The initial reaction to Apple’s (NASDAQ: AAPL) announcement that it has partnered up with OpenAI to integrate artificial intelligence (AI) with its new smartphone, tablet, and computer operating systems was rather tame, even seeing a modest stock market drop.These first moves prompted speculation that the partnership may be just the latest in the string of the technology giant’s middling attempts to bolster its lackluster 2024 growth and even that AI itself may have lost some of its luster for investors.The ...

In the wake of the artificial intelligence revolution, Alphabet (NASDAQ: GOOG) was one of the first to recognize its importance and utility across different platforms and devices while aiming to take a leadership role in generative AI.However, the competition is already fierce, with multiple tech giants pushing into the new domain of AI, aiming to develop custom-tailored technologies, such as OpenAI and xAI, as the most notable examples.But Google thinks it has an edge in this battle that will make it victo ...