DALLAS, March 18, 2025 (GLOBE NEWSWIRE) -- Today, at an event hosted by Nasdaq with Governor Greg Abbott, Ross Perot Jr., and top leaders across Texas, Nasdaq will affirm its deep commitment to Texas and its place as an epicenter of growth and innovation across the globe. Nasdaq will also announce plans to make additional investments in the state, designed to enhance the liquidity, transparency, and integrity of the financial ecosystem. These investments will support the broad range of Nasdaq's clients in t ...

Market Overview - The Nasdaq index is currently in correction territory, down at least 10% from its all-time high, which is a common occurrence in the stock market, typically happening about once per year [1] - The recent market decline has erased gains made since September of the previous year, effectively resetting the market clock by approximately six months [2] Investment Opportunities - Despite the market correction, there are significant buying opportunities available, particularly in companies heavily invested in artificial intelligence (AI) [2] - The three companies identified as strong investment candidates in the AI sector are Nvidia (NVDA), Taiwan Semiconductor Manufacturing Company (TSM), and Alphabet (GOOG) [3][5] Company Analysis Nvidia (NVDA) - Nvidia specializes in graphics processing units (GPUs) essential for training AI models and powering inference, currently dominating the market [6] - Analysts project Nvidia's revenue to rise by 56% in FY 2026, ending January 2026, driven by substantial capital expenditures from major clients [6][7] Taiwan Semiconductor Manufacturing Company (TSMC) - TSMC produces chips that support various AI workloads and is a key supplier for Nvidia, among other clients [8] - TSMC's management anticipates AI-related revenue growth at a compound annual rate of 45% over the next five years, with overall company revenue expected to grow nearly 20% [8] Alphabet (GOOG) - Alphabet's primary revenue source is its advertising platforms, but it is also a significant player in the AI sector, integrating AI into its ad tools and enhancing its cloud computing services [9] - Google Cloud, a division of Alphabet, experienced a 30% revenue increase in Q4, making it one of the fastest-growing segments within the company [10] Valuation and Market Position - Following the recent sell-off, Nvidia, TSMC, and Alphabet are trading at lower valuations compared to their prices in September, with both Alphabet and TSMC trading under 19 times forward earnings [11] - Nvidia's valuation is slightly higher than the two indexes, which is justified by its rapid growth trajectory [11] Conclusion - The current market conditions present an opportunity for investment in Nvidia, TSMC, and Alphabet, as their lower sale prices enhance the likelihood of outperforming the market in the long term [12]

Core Viewpoint - The recent sell-off in the Nasdaq Composite has created attractive investment opportunities, particularly in stocks favored by prominent billionaire asset managers [2][4]. Group 1: Nasdaq Composite and Market Trends - The S&P 500 and Nasdaq Composite recently entered correction territory, defined as a decline of at least 10% from a closing high, with the Nasdaq dropping by 11.5% since February 19 [2]. - Historical trends indicate that significant downturns in major indexes are often short-lived, presenting opportunities for long-term investors [3]. Group 2: Amazon - Amazon's stock has fallen by as much as 20% since reaching an all-time high in early February, making it an attractive buy [5]. - As of December 31, 2024, Amazon Web Services (AWS) holds a 33% share of the global cloud infrastructure service market, generating over $115 billion in annual run-rate revenue [7]. - Investors can currently acquire Amazon stock for less than 12 times the forecast cash flow in 2026, compared to a median of 30 times in the past [8]. Group 3: Sirius XM Holdings - Sirius XM's shares have decreased by 45% over the past year, presenting a buying opportunity [9]. - Warren Buffett holds a 35.4% stake in Sirius XM, totaling 119,776,692 shares, highlighting the company's competitive advantages [11]. - Sirius XM generates only 20% of its net sales from advertising, with over three-quarters coming from subscriptions, providing more stable cash flow compared to traditional radio operators [14]. Group 4: Meta Platforms - Meta Platforms' stock has also declined by as much as 20% from its recent all-time high, making it a favored investment among billionaires [16]. - Meta's social media platforms attract an average of 3.35 billion daily active users, making it a prime target for advertisers [17]. - The stock is valued at a forward P/E of 21, with strong potential for sustained double-digit sales growth [19].

Core Insights - Nasdaq and nuam have extended their strategic technology partnership to enhance post-trade processing across the Santiago, Lima, and Colombia stock exchanges [1][2] - The collaboration aims to consolidate trading infrastructures on Nasdaq's platform, attracting global liquidity sources and improving operational efficiencies [2][3] Group 1: Partnership and Technology Integration - The agreement builds on Nasdaq's existing relationship with nuam and aims to optimize the central securities depositories (CSD) of the three exchanges [1][2] - nuam's integrated post-trade infrastructure will adopt a unified solution based on international standards, enhancing interoperability and reducing costs [3][6] - The implementation of Nasdaq's CSD technology will standardize business processes, simplifying trade settlements and attracting international capital [6] Group 2: Market Impact and Investor Confidence - Juan Pablo Córdoba, CEO of nuam, emphasized the importance of high technological standards for investor security and market access [4] - Magnus Haglind from Nasdaq highlighted that enhancing infrastructure is crucial for maintaining resilience in global capital markets and attracting international investors [5] - A recent Nasdaq survey indicated that 84% of respondents are interested in increasing investments in Latin America, but 59% cited market structure issues as a barrier [5] Group 3: Strategic Goals and Future Outlook - The partnership aims to build an integrated, efficient, and accessible capital market in Latin America, boosting competitiveness and economic growth [4][5] - nuam seeks to standardize trading conditions across Chile, Colombia, and Peru, positioning itself as a key player in the global market infrastructure [9]

Core Viewpoint - District Metals Corp. has received exemptive relief from Canadian securities regulators, allowing it to maintain its status as a "venture issuer" despite its listing on the Nasdaq First North Growth Market in Sweden [1][2]. Group 1: Exemptive Relief Details - The exemptive relief, effective March 14, 2025, allows the Company to avoid certain reporting issuer requirements as long as specific conditions are met [2]. - The relief applies to several National Instruments, including General Prospectus Requirements and Continuous Disclosure Obligations [2]. Group 2: Company Overview - District Metals Corp. is focused on exploring and developing mineral properties, particularly in Sweden, with a disciplined, science-based approach aimed at creating shareholder value [7]. - The Company is currently engaged in advanced exploration at the Tomtebo Property, located in the Bergslagen Mining District, which has historical polymetallic mines and significant geological similarities to other notable mines in the area [10].

Core Viewpoint - ConnectM Technology Solutions, Inc. is seeking to regain compliance with Nasdaq Listing Rule 5450(b)(2)(A) after being notified of non-compliance and potential delisting due to a market value of listed securities below $50 million [1][2]. Group 1: Compliance and Listing Status - The company was given a 180-day period until March 3, 2025, to regain compliance with the Nasdaq listing rule [2]. - Following the missed deadline, Nasdaq notified the company of its non-compliance and the impending delisting of its securities [2]. - A timely hearing request by the company has resulted in an automatic stay of the suspension, allowing continued trading of its common stock until a final decision is made by the Nasdaq Hearings Panel [3]. Group 2: Company Overview - ConnectM is positioned in the electrification economy, focusing on the development of electrified equipment, mobility, and distributed energy solutions [4]. - The company offers a proprietary Energy Intelligence Network platform aimed at facilitating the transition to all-electric heating, cooling, and transportation for residential and light commercial service providers [4]. - By leveraging technology, data, artificial intelligence, and behavioral economics, ConnectM aims to reduce energy costs and carbon emissions globally [4].

Market Overview - The S&P 500 is down 5.9% year to date, while the Nasdaq Composite is in correction, down over 10% from a recent high [1] - Despite broader market declines, the healthcare sector, utilities, and consumer staples have posted year-to-date gains [1] Healthcare Sector - The Vanguard Health Care ETF has gained 4.5% this year, with a low expense ratio of 0.09% and a minimum investment of $1 [3] - The healthcare sector is generally considered safe due to consistent demand for healthcare products and services, which are less affected by economic cycles [4] - Eli Lilly has significantly influenced the sector, with a market cap of $719 billion and a 10.5% weighting in the Vanguard Health Care ETF, raising concerns about the sector's safety due to its reliance on discretionary products [5] - The Vanguard Health Care ETF has a yield of 1.4% and a P/E ratio of 31.6, indicating a more expensive valuation compared to the S&P 500 [6] Utilities Sector - The Vanguard Utilities ETF yields 2.9% and has a P/E ratio of 20.2, making it attractive for passive income and value investors [7] - Over 61% of the fund is invested in electric utilities, which are regulated and provide predictable cash flows, although they have lower growth prospects [8] - The utility sector is considered one of the safest in the stock market, with minimal exposure to tariffs, but it tends to trade at a discount to the S&P 500 due to its low growth potential [9] Consumer Staples Sector - The Vanguard Consumer Staples ETF includes major retailers and everyday product manufacturers, which tend to perform well during economic downturns [10] - The sector benefits from steady growth driven by population increases and global consumption, with companies able to pass on higher costs to consumers [11] - Costco and Walmart, which make up over a quarter of the Vanguard Consumer Staples ETF, have recently experienced stock pullbacks despite their strong market positions [12] - The Vanguard Consumer Staples ETF has a yield of 2.1% and a P/E ratio of 24.8, offering higher passive income potential compared to the S&P 500 [13] Investment Strategy - Safe sectors like healthcare, utilities, and consumer staples can provide stability in a diversified portfolio, reducing overall volatility [14] - Over-concentration in high-growth stocks can lead to increased portfolio risk, making it beneficial to include safer dividend stocks or ETFs [15]

Group 1 - The current market decline presents an opportunity to buy quality stocks at discounted prices, particularly for long-term investors [1] - Billionaire investor Stanley Druckenmiller, known for his successful track record, manages $3.7 billion and may be looking to capitalize on current market conditions [2] - Druckenmiller previously sold his position in Nvidia due to concerns over its high valuation, despite the stock's significant growth during his holding period [4][5] Group 2 - Nvidia's stock has recently fallen 10%, leading to a more attractive valuation at 26 times forward earnings estimates, which may prompt Druckenmiller to re-enter the position [6] - Nvidia is positioned for substantial growth in the AI sector, with a $1 trillion opportunity to update outdated computing infrastructure [8] - The company has a strong market presence in AI chips, consistently high gross margins exceeding 70%, and is well-equipped to benefit from ongoing AI advancements [10] Group 3 - Despite potential short-term economic and political challenges, Nvidia's long-term prospects remain strong, attracting savvy investors like Druckenmiller [11] - There is uncertainty regarding whether Druckenmiller is currently purchasing Nvidia shares, but the stock appears to be a bargain for investors interested in AI [12][13]

Group 1: Market Overview - The Nasdaq Composite index has declined over 13% since hitting an all-time high less than three months ago, with a 9% drop occurring this year, indicating a correction phase [1] - Many large tech stocks, particularly from the "Magnificent Seven," have experienced similar declines, with Meta Platforms being the only stock in the green this year [1] Group 2: Alphabet's Position in AI - Alphabet is recognized as a key innovator in AI, with its research company DeepMind focusing on advanced AI models and machine learning technologies [3][4] - DeepMind has played a crucial role in Alphabet's AI advancements, including the development of the AI model Gemini, giving Alphabet a competitive edge over other tech companies [4] Group 3: Financial Investments and Growth - In 2024, Alphabet's capital expenditure reached $52 billion, with plans to increase this to approximately $75 billion in the current year, reflecting a 130% increase from 2023 [5] - The significant investment in AI initiatives indicates Alphabet's commitment to its fastest-growing segment [5] Group 4: Google Cloud Performance - Google Cloud has seen substantial growth, with its market share doubling over the past seven years to 12%, although it still trails behind AWS and Microsoft Azure [6] - In Q4, Google Cloud generated $12 billion in revenue, marking a 30% year-over-year increase, driven by strong customer demand for its AI-powered services [7] Group 5: Revenue Composition - Google advertising remains a primary revenue source for Alphabet, contributing 56% of Q4 revenue, but Google Cloud is increasingly becoming a significant contributor, accounting for 12% of total revenue [8][9] Group 6: Stock Valuation - Alphabet's stock has recently dropped to over 20 times its earnings, entering a more attractive valuation range compared to its previous trading level of nearly 34 times earnings [10] - The current stock price presents a lower risk for investors compared to a few months ago, making it a potentially good time to invest [11]

Market Overview - The Nasdaq-100 Index has experienced a significant decline, falling into a 13.2% correction, with many stocks down 20% or more [1][2] Company Analysis: Remitly - Remitly is a key player in the remittance market, currently facing a 27% drawdown [3] - The company reported a 33% year-over-year revenue growth, reaching $352 million, driven by a 32% increase in active customers to 7.8 million and a 39% growth in send volume to $15.4 billion [4] - Remitly holds a 3% market share in remittances and has seen its revenue outside the U.S. and Canada grow at a 100% year-over-year rate, reaching $297.1 million in 2024, accounting for 23.5% of total revenue [5] - The company has a market cap of $3.9 billion and generated $1.26 billion in revenue in 2024, with projections of reaching $2.5 billion by 2027 and a potential net income of $500 million, resulting in a price-to-earnings ratio below 8 [7] Company Analysis: Coupang - Coupang is a leading e-commerce platform in South Korea, comparable to Amazon in North America, with a focus on rapid shipping and low-cost delivery [8] - The company generated $30 billion in revenue in 2024, reflecting a 29% growth on a foreign currency-neutral basis [9] - Coupang is expanding its offerings with new initiatives such as food delivery, international expansion into Taiwan, video streaming, and luxury shopping through an acquisition of Farfetch [10] - The company is projected to generate $50 billion in annual revenue in the coming years, with a potential net income of $5 billion, while currently having a market cap below $40 billion [11]