Saturday, December 9, 2023
If the latest earnings results are any indicator, it looks like the stock performance of the Magnificent Seven is beginning to diverge. Microsoft (MSFT) and Alphabet (GOOGL) both reported their recent third-quarter results on the same day, and both beat consensus earnings expectations. A few days later, Amazon (AMZN) earnings smashed broker expectations. But while […]
This year, we’ve seen technology companies implement a huge ramp-up in spending on artificial intelligence (AI). However, we have yet to see a product that generates significant revenue and returns from all this investment. Other than this one… For example, cloud computing companies have been buying graphics processing units (GPUs), the hardware needed to train […]
When a technology is billed as something that will transform the entire global economy, the primary impulse of investors is often fear—specifically, fear of missing out (FOMO). And that’s exactly what we’ve seen so far in 2023, with regard to artificial intelligence (AI). However, for investors, the most obvious play to profit from generative AI […]
It seems like just yesterday—actually, it was October 2021—that Mark Zuckerberg announced Facebook would be rebranded as Meta Platforms (META). Facebook was going all-in on the metaverse. Some wondered why. After all, the company’s stock was up 70% over the prior two years as the pandemic boosted social media businesses. A Facebook face plant soon […]
The recent deals by Tesla Inc. (TSLA) to allow Ford Motor Co. (F) and General Motors Co. (GM) electric vehicle owners to use the Tesla Supercharger network will be huge for Tesla. I hypothesize that Tesla will spin out the Supercharger network as a new company… That may eventually pay dividends! Here’s why… It was […]
In the first part of my look at Nvidia (NVDA), I stated that most of the hype surrounding the company comes from the belief it will be the leader in the parallel computing era. Jefferies analyst Mark Lipacis refers to this as “the fourth tectonic shift in computing.” The first computing era was that of […]
I wrote to you about Nvidia (NVDA) on March 1, calling it the real winner of the AI wars. Needless to say, a lot has happened since, with Nvidia’s stock having soared 75% from March 1. But can the company live up to all the current hype? Let’s take a deep dive… All sorts of […]
For months, the share prices of most stocks have been in the doldrums or worse. Large-cap tech stocks have been the exception, posting nice gains so far this year. Let’s check how a couple of covered call ETFs have performed compared to the most popular tech stock ETF. It’s my favorite way of investing in […]
Major changes are underway at Alibaba (BABA), China’s best known e-commerce company, which was founded 24 years ago by Jack Ma. And this time, Ma is hoping for better results. The last time Alibaba made a big move to reorganize its business, the company set in motion a chain of events that led to a […]
Later this year, Apple (AAPL) CEO Tim Cook wants to cement his legacy by revealing the company’s ‘next big thing’. He hopes that Apple’s mixed-reality headset will become the next iPhone. The stakes are high for Cook because this is his baby – the first new hardware platform developed entirely under his leadership. The iPhone, […]
