Nvidia’s earnings are sparking a substantial rally in AI stocks. All thanks to surging demand for AI, NVDA earnings “lived up the generative AI hype,” KeyBanc Capital Markets analysts noted, as they hiked their price target on the stock to $500 from $375, as noted by...
Advanced Micro Devices (AMD) is on the move, as hoped. As we noted on March 20, “The stock now sits at $97.84 – and could soon hit our $100 target.” However, it did even better than that. Thanks to Nvidia’s powerhouse earnings, shares of AMD are pushing...
Oil prices are gushing higher again. Last checked, crude was up $1.22 to $74.13. All after Saudi Arabia said, “short sellers – those betting prices will fall – should ‘watch out’ for pain.” Some investors are taking that as a sign that OPEC+ may be considering...
Keep an eye on C3.AI (AI). We believe it could push aggressively higher, near-term. In fact, we’d like to see AI retest its prior high of about $34 shortly. Helping, Goldman Sachs just said generative AI could raise global GDP by 7% over the next 10 years....
by Ian Cooper Lithium stocks are coming back strong. Especially with electric vehicle sales set to accelerate. According to the International Energy Agency (IEA), “Global sales of electric cars are set to surge to yet another record this year, expanding their share of...
Tyson Foods (TSN) has become severely oversold. Over the last few days, the stock plummeted from about $60 to less than $50. All after poor earnings and cut guidance. However, it looks like insiders believe the pullback is overdone, buying $2.3 million worth of...
Palantir (PLTR) is on the move, as hoped. As we noted on May 9, “At the moment, Palantir Technologies (PLTR) is gaining a good deal of momentum. All thanks to earnings, expectations for profitability, and artificial intelligence. In its latest quarter, the company...
On April 10, we noted, “Investors may want to keep an eye on Take-Two Interactive (TTWO). Not only has the stock been trending higher, the announcement of a Grand Theft Auto follow up game has a lot of investors excited. While there’s no launch date for...
On May 11, we noted, “Albemarle (ALB) is the lithium industry’s 800 lb. gorilla. And while it’s been beaten down on soft lithium prices, don’t write it off. Not only is it starting to pivot from major support, it could see massive upside. From a current price of...
by Ian Cooper If you’re looking for a hot investment theme, dig into artificial intelligence (AI). According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. Fueling the story, OpenAI released...