Although Microsoft (NASDAQ: MSFT) stock continues to make progress this year, its advances are still modest and often interrupted by bearish price action. However, analysts remain optimistic it will pick up the pace and believe it could hit at least $450 in the next 12 months.As it happens, during the last three months, prominent Wall Street experts have shared their MSFT stock price targets for the next one-year period, with the lowest target sitting at $450, which still suggests an increase from its price ...

Tesla Motors (NASDAQ: TSLA) has been having a peculiar 2024 so far with a string of good, bad, and frequently odd developments. Indeed, after falling for much of the year and reporting very weak delivery figures for the first quarter of the year, TSLA shares saw an uncommon and large rally in the wake of the earnings report covering the first trimester of 2024.What made the moves peculiar is the fact that the surge that saw the stock of Elon Musk’s electric vehicle (EV) maker rise from $142 to $194 in a wee ...

Group 1 - Michael Burry's investment in Alibaba remains a focal point despite its underperformance, while his long positions, particularly in Alphabet, have gained attention due to the company's involvement in the AI boom [1] - Burry's investment in Alphabet (GOOGL) is estimated to be around $4.7 million for 35,000 shares, with the stock price increasing approximately 26% since the start of Q4 2023, currently valued at $5.96 million [2] - If Burry purchased GOOGL shares after the earnings report dip, his initial investment would be around $4.3 million, leading to a profit of approximately $1.6 million by May 13, 2024 [3] Group 2 - Alphabet's stock recently surpassed a market capitalization of $2 trillion, highlighting its strong performance in the technology sector [1] - The stock price of GOOGL has fluctuated between $123 and $140, with a plausible purchase price set at $135 [2] - Burry's GOOGL investment could be one of his most successful trades recently, closely following his profits from Amazon in the same quarter [3]

The stock market is experiencing a predominantly positive trend in May, with most equities trading in the green zone despite prevailing uncertainties surrounding elements such as interest rate decisions. As most equities exhibit resilience, Finbold has identified two stocks deserving close attention in May 2024. Notably, these stocks are guided by robust fundamentals, evidenced by solid financial strength and an edge over competitors. Moreover, they have demonstrated strong growth potential throughout 2024. ...

Block Inc. (NYSE: SQ), Square’s and Cash App’s parent company, and valued at $44 billion has raised its earnings forecast for the year and unveiled significant plans to expand its Bitcoin (BTC) holdings. The announcement led to a 7.9% surge in Block’s shares in post-market trading.In a letter to shareholders, CEO Jack Dorsey stressed the importance of an “open protocol for money“ aligning with broader movements towards cryptocurrency acceptance.“We believe the world needs an open protocol for money, one tha ...

Though Michael Burry has, in the last decade and a half, failed to make a trade to truly match his famous ‘Big Short’ during the 2008 financial crisis, he has, nonetheless, remained a highly active – and frequently successful – investor.The final quarter of 2023 was particularly noteworthy as Burry and his Scion Asset Management went on a veritable buying spree, acquiring the stocks of more than a dozen companies.Among the new long positions, several stand out, with few being as interesting as Amazon (NASDA ...

Group 1 - TSMC has experienced significant revenue growth of 60% year-over-year in April 2023, reaching approximately $7.2 billion [1] - TSMC's stock has risen nearly 70% on the NYSE and about 60% in the Taiwanese stock market over the last 52 weeks, raising questions about its potential to reach $200 per share [1] - The average 12-month price target for TSMC is currently $162.64, which is 13.90% above the current price, with a maximum estimate of $183 from Goldman Sachs [2][4] Group 2 - Despite the positive momentum, analysts suggest that TSMC may not reach the $200 price point before the end of 2024, although significant surges are possible in the technology sector [4] - Following the release of April's revenue figures, TSMC shares rose 3.11% in extended trading, indicating strong market reaction [5] - TSMC shares have increased by 40.64% since the beginning of 2024, recovering from a recent monthly decline [6]

Amid the stock market gaining traction once again, it is odd to see insiders from large financial institutions selling their holdings. This usually signals an impending market downturn or internal problems that may affect the stock’s value.Confirming this trend, we’ve seen a surge in insider sales of JPMorgan (NYSE: JPM) stock, with insiders unloading over $10 million worth of JPM shares in just a few days. Notable sellers include Asset & Wealth Management’s Chief Executive Officer, Mary Erdoes, its Chief R ...

The Walt Disney Company’s (NYSE: DIS) most recent earnings report, published on May 7, proved mixed divisive and offered investors little certainty about what could be next for the stock.Indeed, while the House of Mouse handily beat the earnings per share (EPS) estimates, recording $1.21 instead of the $1,10 that was predicted, its revenue slightly disappointed as it came in at $22.08 billion compared to the forecasted $22.11 billion.Similarly, while it is positive that Disney reported its streaming service ...

Nvidia (NASDAQ: NVDA) has had a strong run so far in 2024, but recent trading sessions have seen a slight pullback in NVDA stock price.Nvidia has demonstrated its strength in the market with an outstanding year-to-date increase of over 87%, making it one of the top performers in the S&P 500. This significant rise, crossing the $900 mark, has piqued investor interest in its potential to reach $1,000.Analysts are bullish on NVDA, predicting further increases that could push its shares well beyond the $1,000 m ...