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Salesforce Stock Comeback? Why CRM Is a Smart Buy in the AI Era.
Investor Place· 2024-07-30 20:53
Investing in innovative companies can yield substantial returns, and Salesforce (NYSE:CRM) stock exemplifies this potential. As the world’s leading provider of customer relationship management (CRM) solutions, Salesforce has established itself as a dominant force in the enterprise software and cloud computing sectors.However, despite this impressive growth, the stock has experienced significant fluctuations this year, with a marginal year-to-date (YTD) decline. In contrast, the Dow Jones Industrial Average ...
The Top 3 Nasdaq Stocks to Buy Now: Summer 2024
Investor Place· 2024-07-30 20:30
The Nasdaq Composite has been a solid benchmark for many years. It’s up by 16% year-to-date and has logged a 114% gain over the past five years. The index consists of numerous holdings but has a large focus on tech companies. The Magnificent Seven stocks, in particular, carry a lot of weight within the Nasdaq Composite.Some investors prefer to buy ETFs that track the Nasdaq Composite. This approach allows investors to match market returns instead of outperforming it. While this approach can save plenty of t ...
Should You Buy Intel (INTC) Stock Before Aug. 1?
Investor Place· 2024-07-30 20:12
With earnings season underway and a slew of companies set to report this week, investors may be honing in on specific stocks in favor of others. However, Intel’s (NASDAQ:INTC) upcoming second-quarter earnings report on Thursday, Aug. 1, could be among the most pivotal to watch. Today, INTC stock is down along with most tech stocks as investors appear to continue to rotate out of large-cap growth names into more value-oriented smaller-cap stocks.As a key U.S. chipmaker, Intel’s status within the domestic chi ...
Get Your Money Out of These 3 Semiconductor Stocks by 2025
Investor Place· 2024-07-30 19:50
Semiconductors are the lifeline of the modern digital age. They help our smartphones, laptops and cars to function properly. Moreover, the rise of generative artificial intelligence (AI) has made semiconductors even more critical to the invention of new technologies. Software programmers train new generative AIs with complex large language models, and this process requires an immense amount of computing power. Chipmakers like Nvidia (NASDAQ:NVDA) and networking server chip developer Broadcom (NASDAQ:AVGO) h ...
Q3's Rising Stars: 8 Dividend Stocks for Your Must-Watch List
Investor Place· 2024-07-30 19:32
Dividend stocks are a must-own component for any investor looking to establish serious wealth. We all know the statistic that the S&P 500 has returned 10.5% annually on average since its creation in 1957. It is one of the reasons the index is considered the benchmark against which we should compare our portfolios.What’s not as well known is that over the past 60 years, dividends have made up 85% of the index’s total return. Without dividend stocks and the reinvestment of those payouts, the S&P 500 would off ...
Nvidia (NVDA) Stock Falls as Investors Brace for Big Tech Earnings, FOMC Decision
Investor Place· 2024-07-30 19:11
Nvidia (NASDAQ:NVDA) stock is sliding today ahead of some major potential catalysts. Indeed, investors are clearly anxious ahead of tech earnings from the likes of Microsoft (NASDAQ:MSFT) and fellow chipmaker Advanced Micro Devices (NASDAQ:AMD) as well as the all-important rate-cut decision tomorrow.What do you need to know about NVDA stock lately?Well, after carrying the stock market over the first six months of the year, Nvidia is in the midst of a correction. NVDA is down more than 15% over the past mont ...
Uh-Oh. Why Alphabet Stock Could Be Headed for a Fall.
Investor Place· 2024-07-30 19:01
The lower-than-expected revenue generated by Alphabet’s (NASDAQ:GOOG, GOOGL) YouTube website could be a warning sign regarding its advertising business in general. Meanwhile, the firm continues to face strong challenges on the regulatory front, and it is going to spend a great deal of money on AI going forward. Given all of these points, I advise investors to sell Alphabet stock at this time.YouTube Miss Could Indicate More Trouble AheadYouTube’s Q2 revenue came in at $8.66 billion, slightly below analysts’ ...
META Stock Remains a Long-Term Buy, but Expect Some Short-Term Bumps
Investor Place· 2024-07-30 17:58
Meta Platforms (NASDAQ:META) has been one of the brightest stars in the Magnificent Seven rally, with the stock delivering incredible multibagger returns from its 2022 selloff lows. I was pounding the table on META back then, seeing immense value in the company’s core business despite the market’s pessimism. And so far, that bullish thesis has played out exceptionally well.Family of Apps Segment ThrivingMeta Platform’s “Family of Apps,” which includes Facebook, Instagram, Messenger and WhatsApp, continues t ...
Nvidia Stock Alert: NVDA Is a Strong Buy Amid AI Surge and Strategic Expansions
Investor Place· 2024-07-30 17:36
Nvidia (NASDAQ:NVDA) is a key reason that the S&P 500 closed the first half of the year up 15.3%, the Nasdaq Composite gained around 18.6%, and the Nasdaq-100 rose 17.5%. Clearly, artificial intelligence applications drive growth. And Nvidia’s products lead this digital wave. Increased investment in AI hardware infrastructure should support the company’s next-generation GPUs and AI CPUs.Nvidia is always coming up with new ideas. For example, the NVIDIA DRIVE technology is for self-driving cars, and the Omni ...
Microsoft Office Outage: Microsoft Investigates Applications, Services Issue
Investor Place· 2024-07-30 16:46
A Microsoft (NASDAQ:MSFT) Office outage has workers annoyed as its causing problems with them being able to use the company’s services.This newest outage is affecting Microsoft Office and the company’s Microsoft 365 services and features. The company is working to resolve these issues and is advising users to track the outage status from the admin center.Unfortunately, many users on X are reporting that they can’t even access the admin center due to the outage. That resulted in Microsoft’s Azure Services su ...