FINANCE
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Nvidia or Super Micro Computer?
While artificial intelligence (AI) is widely considered a software program, it requires hardware to develop and power it. This leads to investors looking for “pick-and-shovel” style investments, as these companies sell the tools needed to power these processes (similar to how many businesses sold picks and shovels to gold miners during the various gold rushes throughout U.S. history). Two of…
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Palantir vs. Tesla vs. Super Micro Computer
Fool.com contributor Parkev Tatevosian decides which artificial intelligence (AI) stock is the best one to buy: Palantir (NYSE: PLTR), Tesla (NASDAQ: TSLA), or Super Micro Computer (NASDAQ: SMCI). *Stock prices used were the afternoon prices of Feb. 19, 2024. The video was published on Feb. 21, 2024. Should you invest $1,000 in Palantir Technologies right now? Before you buy stock…
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1 Wall Street Analyst Thinks Super Micro Computer Stock Is Going to $1,040. Is It a Buy?
Data center systems provider Super Micro Computer (NASDAQ: SMCI) has been a darling of Wall Street lately. Its shares have soared 950% over the past year and have been on a parabolic move recently. The stock has tripled in just the last month, but one Wall Street analyst thinks Supermicro, as it is known, still has more room to run.…
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Why Alphabet Stock Stumbled Thursday Morning
Shares of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) slipped on Thursday morning, falling as much as 3.8%. As of 12:32 p.m. ET, the stock was still down 2.7%. The catalyst that sent the tech giant lower was troubling reports involving collisions within the company’s Waymo self-driving car unit. Talk about déjà vu Reports emerged late yesterday that Waymo was forced to…
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Why Intel Stock Rallied Monday Morning
Shares of Intel (NASDAQ: INTC) climbed right from the start on Monday, rising as much as 3.7%. As of 12:41 p.m. ET, the stock was still up 3.5%. The catalyst that drove the semiconductor company higher were comments by a Wall Street analyst about the state of the chip industry. A potential opportunity News emerged late last week that Nvidia…
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Cisco to cut thousands of jobs as it seeks to focus on high growth areas: Sources
By Utkarsh Shetti and Supantha Mukherjee (Reuters) – Network giant Cisco is planning to restructure its business which will include laying off thousands of employees, as it seeks to focus on high-growth areas, according to three sources familiar with the matter. The San Jose, California-based company has a total employee count of 84,900 as of fiscal 2023, according to its…
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Market Update: EL, MCHP
Market Update: EL, MCHP Source link
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Why AMD Stock Could Soar Higher in 2024
Chipmakers have attracted countless investors over the last year as a boom in artificial intelligence (AI) has sent demand for graphics processing units (GPUs) skyrocketing. Nvidia has stolen much of the spotlight, with its shares up 200% year over year. However, chip companies at earlier stages in their ventures into AI could have more room to run. This is part…
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Market Update: AMD, ODFL, SBUX, SHW, SYY
Market Update: AMD, ODFL, SBUX, SHW, SYY Source link
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McDonald’s looks unstoppable ahead of its latest earnings
Few things can stand in McDonald’s way, it seems. Wall Street is expecting more growth ahead of the company’s latest quarterly results on Feb. 5. This comes as tightening wallets, rising costs, and fears around weight loss drugs’ impact hammered fast food stocks last year. But business at the Big Mac maker keeps chugging along, as consumers stay hungry for…
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