As I’m sure everyone reading this is aware, artificial intelligence, or AI, has been quite a volatile sector in the recent past. All indicators suggest this will continue in the near to semi-long-term future. Many are skeptical of the high valuation AI companies carry, often comparing it to those seen before the dot-com crash. Statistically speaking, we are far away from that level of inflated valuations — at least for now. AI companies rise and fall every day. In a way, they can be seen as a “playground” f ...

Oil stocks, though powerfully relevant even in the age of new-energy vehicles, have presented a difficult narrative. With the rise of electric vehicles, consumers actually have choices now that extend beyond the hydrocarbon paradigm. Also, scientific concerns such as climate change have impacted the ideological discourse. Nevertheless, a possible pivot in the political realm may invigorate fossil fuels.At the beginning of last week, President Joe Biden shocked the nation – indeed the world – by announcing t ...

The rotation out of technology stocks continues, with the Nasdaq Composite index down 2% in the past month versus a 12% gain in the Russell 2000 index comprised of small-cap stocks. However, the decline in the Nasdaq does not reflect the huge selloff that’s taken place in many individual technology stocks in recent weeks. Several of the mega-cap tech stocks that led the rally in this year’s first half are down more than 10%.The decline in technology stocks comes despite the fact that many companies have rep ...

Later today, Nvidia (NASDAQ:NVDA) CEO Jensen Huang will sit down for a fireside chat regarding artificial intelligence and related developments with journalist Lauren Goode, according to a Barron’s report. Immediately following that meeting, Huang will discuss the trajectory of generative AI with Meta Platforms (NASDAQ:META) CEO Mark Zuckerberg. It’s a rare meeting of the greatest minds in technology. In addition, Huang has an opportunity to productively frame NVDA stock.One of the most significant factors ...

Chip designer Advanced Micro Devices (NASDAQ:AMD) reports second-quarter (Q2) earnings on July 30 and the stock could move higher as a result.Expectations are lofty heading into the Q2 print. AMD stock has declined due to the current rotation out of technology names, with its share price having fallen 12% in the last month. But even before the rotation into small-cap and value securities, AMD stock had been struggling since the company’s previous first-quarter financial results met but did not exceed Wall S ...

Apple (NASDAQ:AAPL) stock is in the news Monday after the tech giant’s shares got an increased price target from analysts at TD Cowen.This has the analysts increasing the firm’s price target for AAPL stock from $220 per share to $250 per share. That’s a nearly 15% possible upside for the iPhone maker’s shares. It’s also above the analysts’ consensus price prediction of $230.97 per share.Investors will also note that TD Cowen is bullish on Apple with a “buy” rating for the company’s shares. This matches the ...

It’s a confusing moment in time for the world of telecommunications. After spending much of the 21st century experiencing rapid growth, many telecom-focused markets are facing sustained periods of saturation. In the United States, smartphone shipments declined in the first quarter for the sixth consecutive quarter. Similar levels of saturation impacted global broadband subscriber growth, which reached its slowest rate has been slowing since 2019. Until the technology is replaced by something more advanced, ...

Core Insights - Beamr Imaging has developed a video optimization technology that reduces large video files for 3D design to one-fourth of their original size while maintaining high resolution and intricate details [1][4]. - The company will demonstrate this technology at SIGGRAPH 2024, utilizing Oracle Cloud Infrastructure (OCI) for optimized production of high-quality videos [3][4]. Stock Performance - Following the announcement of the video optimization, BMR stock experienced heavy trading with over 7 million shares exchanged, significantly above its daily average of approximately 1.3 million shares [2]. - Initially, BMR stock rose by up to 10% but later declined by 8.7% in the afternoon compared to its previous closing price [4][6].

Tesla (NASDAQ:TSLA) stock is in the news Monday after the electric vehicle (EV) company’s price target was cut by HSBC analysts to a new street low.The HSBC analysts dropped the firm’s price target for TSLA from $130 per share to $118 per share. That’s a potential 46.3% downside from the prior closing price for the stock. It’s also well below the analysts’ consensus price prediction of $204.30 per share.HSBC also continues to maintain its “reduce” rating for TSLA stock. That’s more bearish than the analysts ...

As tech behemoth Microsoft (NASDAQ:MSFT) gears up to report fiscal fourth-quarter 2024 results on July 30, all eyes will be on the continued momentum in its high-growth cloud computing and artificial intelligence businesses. With the stock up over 14.6% year-to-date (YTD), Microsoft will need to deliver impressive numbers and guidance to justify its premium valuation.Analysts are projecting Q4 revenue of $64.37 billion. That translates to year-over-year (YOY) growth of 14.6%. On the bottom line, earnings pe ...