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Apple's App Store Booms As ChatGPT, Productivity Apps Drive Revenue Growth, Analyst Says
Tuesday, February 4, 2025 - 2:43pm | 457BofA Securities analyst Wamsi Mohan reiterated a Buy rating on Apple Inc (NASDAQ:AAPL) with a price target of $265. As per SensorTower data, App Store revenues in the second quarter of fiscal 2025 (after 36 days) increased to $3.4 billion (+17%, according to data on developer revenue from...
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Nvidia Positioned For $400 Billion AI Boom With Advanced GPUs, New Product Launches Driving Revenue Growth, Say Analysts
Tuesday, January 28, 2025 - 3:28pm | 715Wall Street analysts rerated NVIDIA Corp (NASDAQ:NVDA) after U.S. tech stocks plunged Monday as Chinese open-source artificial intelligence platform DeepSeek made the market jittery over the AI technology investment prospects in the U.S. tech firms. Tigress Financial analyst Ivan Feinseth upgraded...
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Should Astera Labs Investors Worry About DeepSeek?
Tuesday, January 28, 2025 - 1:16pm | 409Astera Labs Inc (NASDAQ:ALAB) shares recovered in early trading on Tuesday, after having tanked in the previous session amid a broader downturn in AI stocks. The tech majors are unlikely to shelve their capital expenditure plans following the launch of China’s open-source AI model DeepSeek,...
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IronHold Capital CIO Reveals Trends Hedge Funds Track: 4 ETFs To Watch
Monday, January 27, 2025 - 1:59pm | 1288Hedge funds have always been closely watched for cues on investment opportunities. Although their strategies can be complex, understanding the trends they're bullish on can offer important insights for retail investors. Siddharth Singhai, CIO of value-based global hedge fund IronHold Capital,...
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AWS, Robotics, Prime Video Ads Fuel Amazon Growth Potential: Analysts
Tuesday, January 21, 2025 - 3:31pm | 833Wall Street analysts rerated Amazon.com Inc (NASDAQ:AMZN) as the U.S. kicked in its earnings season last week. Needham analyst Laura Martin reiterated a Buy rating on Amazon and a $250 price target. BofA Securities analyst Justin Post maintained a Buy rating on Amazon with a price target of $...
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Bitcoin, Ethereum, XRP, Dogecoin Close The Week Strong: 2025 Could Get Even Better, Say Traders
Friday, December 13, 2024 - 4:55pm | 975Cryptocurrency markets are trading higher on Friday as the stock market continues to have a bullish outlook for 2025. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $101,697.15 +2.2% Ethereum (CRYPTO: ETH) $3,931.03 +1.6% Solana (CRYPTO: SOL) $224...
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Daily Options Trade Oracle's Earnings Fallout Offers Hidden Contrarian Opportunity
Tuesday, December 10, 2024 - 6:01pm | 896Oracle floundered after a poor Q2 print. However, options traders should consider the empirical data, which supports a bullish approach. Enterprise-software stalwart Oracle Corp (NYSE:ORCL) suffered significant volatility during Monday’s after-hours session following the release of...
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Stock Of The Day: Can Exxon Mobil's Selloff Reverse At Critical Support Zone?
Monday, October 28, 2024 - 12:53pm | 524Oil is making a big move lower, with some analysts attributing the decline to Israel’s decision not to target Iranian oil facilities. As a result, most oil stocks are also trending lower. For Exxon Mobil Corporation (NYSE:XOM), if shares continue to slide, there's a strong likelihood of...
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Lose Weight With Novo Nordisk Drugs, Gain Money With Stock
Wednesday, September 25, 2024 - 5:47pm | 554Some experts believe Novo Nordisk A/S (NYSE:NVO) products not only help people lose weight and control diabetes, they can help treat the country’s addiction crisis. The Novo Nordisk chart illustrates two common technical analysis dynamics that successful traders can use to profit. As you can...
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Gold Miners Eye Best 1-Day Rally In 6 Months As Gold Hits Fresh Record Highs: 'Today's Environment Closely Resembles The 1970s'
Thursday, September 12, 2024 - 12:22pm | 722Gold mining stocks, as tracked by the VanEck Gold Miners ETF (NYSE:GDX), are enjoying a stellar rally, rising 4.3% by 11 a.m. ET, on track for its largest one-day gain since early March. The rally in miners was driven by a surge in gold prices, which jumped 1.6% to reach an all-time high of over $2...
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Google's Chances Of Fines In Search, AdTech Lawsuits 'Relatively Low': Analyst
Thursday, August 29, 2024 - 1:20pm | 835Alphabet Inc. (NASDAQ:GOOGL)(NASDAQ:GOOG), which owns dominant search engine Google, may not get penalized for two out of three antitrust suits it is currently facing, according to an analyst. “The likelihood of GOOGL walking away with a penalty or fine is relatively low,” Roth MKM...
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FedEx Q4 Results 'Solid,' 2025 Guidance 'Appropriate,' Freight Spinoff 'Tantalizing Opportunity For Investors': 7 Analysts Size Up Results, What's Next
Wednesday, June 26, 2024 - 2:05pm | 923Transportation company FedEx Corporation (NYSE:FDX) was sized up by analysts after reporting fourth-quarter results that beat estimates. The FedEx Analysts: Goldman Sachs analyst Jordan Alliger had a Buy rating and raised the price target from $316 to $333. Bank of America analyst Ken Hoexter had a...
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Enphase Energy: Solar Giant Shines With Golden Cross Breakout
Wednesday, May 29, 2024 - 12:24pm | 667Enphase Energy Inc (NASDAQ:ENPH) is currently experiencing a notable uptick, driven by a series of favorable news events and technical indicators pointing to a potential bullish trend. While the stock is down 4.28% YTD and has declined by over 25% in the past year, recent positive news has buoyed...
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Dollar General's Turnaround Seems Underway, CEO Return Brings Stability: These Analysts Look At Q4 Results, Outlook
Friday, March 15, 2024 - 11:54am | 602Dollar General Corp (NYSE: DG) shares were climbing Friday, after the company reported upbeat fourth-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Telsey Advisory Group On Dollar General Analyst Joseph Feldman...
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Golden Cross Alert: Johnson & Johnson Shines With Ambrx Deal, Bullish Technical Signal
Tuesday, March 12, 2024 - 3:05pm | 485Johnson & Johnson (NYSE:JNJ) stock hasn’t displayed much momentum: it is down 1.22% over the past six months, up 5.57% over the past year and up 3% YTD. The stock recently made a Golden Cross on the charts, signaling a reversal in trend. Ambrx Biopharma Acquisition To Boost Fundamentals...