FINANCE
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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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PayPal to launch AI-based products as new CEO aims to revive share price
By Hannah Lang (Reuters) – PayPal is launching new artificial intelligence-driven products as well as a one-click checkout feature, the company said on Thursday as its chief executive tries to inject new life into the payments giant. It is the first major announcement under Alex Chriss, who joined PayPal in September, and the new products are another example of how…
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Market Update: TEVA, FITB
Market Update: TEVA, FITB Source link
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Nvidia stock hits all-time high as AI craze rolls on
Nvidia (NVDA) stocks hit an all-time high on Friday, as the AI craze continues to roll on in early 2024. Nvidia’s share price jumped more than 2% to $584.87 as of midday. Shares of the AI juggernaut are up some 18% in the first few weeks of the new year and 179% over the last 12 months. And its market…
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Spirit Airlines Stock Falls 50% After Judge Blocks JetBlue Deal
Updated 6 min ago Spirit Airlines Stock Falls 50% After Judge Blocks JetBlue Deal By WSJ Staff Source link
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Tesla Stock Is Being Sold by Almost Everyone. Cathie Wood Is Buying.
Tesla stock has had a pretty lousy start to 2024. It isn’t unprecedented, but it’s bad enough that investors should ask themselves what’s going on. Source link
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It’s Deadline Day for an SEC Decision on Spot Bitcoin ETFs. Here’s What to Watch.
The Securities and Exchange Commission faces a final deadline Wednesday to rule on at least one of 11 applications for exchange-traded funds that hold bitcoin. The decision is long awaited by cryptocurrency watchers—and the prospect that some or all of the applications will be approved has lately been seen as bullish for bitcoin. Source link
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Starting 2024 on the Wrong Foot. What Happened to Tesla Last Week?
In this week’s video, I cover need-to-know news items related to Tesla (NASDAQ: TSLA) during the week of Jan. 1. Today’s video will focus on Tesla’s sales numbers in China and Europe, the recent noise surrounding the company, why I remain bullish for the long term, and a look at Tesla stock from a technical analysis standpoint. You can find…
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