Eli Lilly Stock Jumps 2.6% as Investors Flee Expensive Tech
This article first appeared on GuruFocus. Eli Lilly (NYSE:LLY), the pharmaceutical powerhouse behind Mounjaro and Zepbound, jumped approximately…
4 Big Tech earnings reports, a Fed meeting, and $100 oil: It’s the busiest week of the quarter
As another frenetic week in the markets comes to a close, investors prepare to step into a new…
Why it’s time to retire the ‘Magnificent 7’ name: Strategist
It’s time to bury the “Magnificent Seven” label for the cohort of tech stocks that have led the…
‘Earnings need to be strong’: Wall Street assesses next catalyst for AI trade
Wall Street will need strong earnings to shake off recent market jitters around AI. This season is expected…
Earnings season is about to kick off — 2 charts reveal how it may go
Wall Street is expecting a tranquil earnings season. First, negative earnings preannouncements are well below the typical level.…
Chamath Palihapitiya Says the AI Boom May Be Hiding Biggest Capital Allocation Mistake in History
Quick Read Palihapitiya argues just 0-2% of the S&P 493’s recent earnings growth stems from AI productivity, with…
Why tech investors are reevaluating AI investments
Investing.com — Investors are reassessing artificial intelligence investments as surging infrastructure spending could weigh on earnings growth and…
Block (XYZ) Added to the US Conviction List at Goldman Sachs
Block, Inc. (NYSE:XYZ) is included among the 10 Most Volatile Stocks to Buy in S&P 500. Block (XYZ)…
2 AI Infrastructure Stocks That Could Rise 25% and 80% Despite Overdone Spending Fears
Two of the hottest stocks in the market right now are Advanced Micro Devices (NASDAQ: AMD) and Micron…
Micron’s Cheap Stock Valuation Seen as a Contrarian Warning Sign
(Bloomberg) — Micron Technology Inc. is the third-best performer in the S&P 500 Index this year and at…
These Words From Jensen Huang Signal Something Major Ahead for Nvidia
Nvidia (NASDAQ: NVDA) has become almost a household name in recent years thanks to the artificial intelligence (AI)…
Big Tech Earnings Show Split Between AI Trade Winners and Losers
(Bloomberg) — The world’s biggest technology companies posted strong earnings last week, showing that the artificial intelligence boom…