Goldman Sachs divides the artificial intelligence (AI) boom into several different phases. The first centers entirely around semiconductor company Nvidia. The second centers around infrastructure companies like Microsoft and Amazon.
Grand View Research estimates autonomous vehicle sales will increase at 22% annually through 2030, and Global Market Insights expects autonomous ride-sharing revenue to grow at 64% annually through 2032. That could lead to rapid earnings growth for Tesla given that software and services earn higher margins than electric vehicles.
Euphoria surrounding stock splits has played a key role in lifting Wall Street's major indexes to new highs in 2024. Companies completing forward stock splits have, since 1980, handily outperformed the S&P 500 in the 12 months following their split announcement.
Ken Griffin is arguably one of the most successful investors of all time. He made a name for himself when he shorted stocks just ahead of the 1987 market crash that came to be known as "Black Monday." His profits last year topped $7 billion as his returns of roughly 15% outpaced many of his peers.
In this article, we discuss the 15 AI stocks on the radar of Wall Street analysts. Uber, the ride-hailing company that has yet to catch onto the AI boom, is reportedly expanding its fleet of gig ...
Semtech is forecasting Q4 sales that handily beat the Street consensus by $9 million, and its Q4 EPS projection of 32c also nicely beat the Street’s estimate by 6c, the advisory told investors ...
Hundreds of LLM-powered AI agents spontaneously made friends, invented jobs, and spread religion. The game was created from clips and keyboard inputs alone, as a demo for real-time interactive ...
Even with the stock market breaching never-before-seen valuation thresholds, there's an extremely high probability that the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite will be markedly higher 20 years from now.
Upstart stock currently trades at a price-to-sales (P/S) ratio of 12.4, which is a premium to its long-term average of 8.9 going back to when the company came public in 2020. However, based on Wall Street's 2025 revenue forecast, Upstart's forward P/S ratio is just 8.8, which is slightly below its average:
Palantir Technologies (NASDAQ: PLTR) shares have soared by 285% this year, while Nvidia (NASDAQ: NVDA) shares have advanced by 175%. Both companies play important roles in the burgeoning artificial intelligence (AI) economy,
A coalition of Canadian news publishers, including The Canadian Press, Torstar, Globe and Mail, Postmedia and CBC/Radio-Canada, has filed a lawsuit against OpenAI for using news content to train its ChatGPT generative artificial intelligence system.
The Dow rose 7.5% in November, easily its best month of 2024. The Walt Disney Co. has the biggest percentage gain for the month at 22.1%, but the price-weighted index also got a boost from Goldman Sachs, up 17.5% to $608.57 and Salesforce, up more than 13% to $329.99.