Impact of v9 on Edge AI Development

U.K.-based semiconductor company Arm Holdings plc NASDAQ: ARM stock is up 141% year-to-date (YTD). The artificial intelligence (AI) revolution is driving big gains as it becomes more apparent that Arm will continue to be a large benefactor from AI tailwinds. While Arm is a semiconductor company, it doesn’t actually manufacture computer chips. Instead, it designs,…

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Qualcomm Stock Gains Despite Bad News

Qualcomm NASDAQ: QCOM is one of the leading players in the semiconductor industry. The firm has outperformed the market and industry over the past 12 months, with a total return of 75%. Over the same period, the SPDR S&P Semiconductor ETF NYSEARCA: XSD is up just 15%. Let’s look at Qualcomm’s business segments, recent earnings,…

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GitLab Stock Rebounds Big: Here’s Why

$52.58 -0.59 (-1.11%) (As of 07/5/2024 ET) 52-Week Range $40.19 ▼ $78.53 Price Target $67.30 The market for GitLab NASDAQ: GTLB collapsed in late May when it announced high-severity flaws in its platform. The news was especially shocking coming from a DevSecOps platform, but the impact on the share price has been short-lived. The market is…

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Cheapest AI Stock with High Potential

Clarivate NYSE: CLVT may not be the cheapest AI stock worth buying, but it is inexpensive and set up to rebound strongly over the next few quarters. Trading at a mere 7.5x its earnings outlook for 2025, it is a super-deep value compared to leading AI plays, and the estimates for earnings growth underestimate the…

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CrowdStrike vs. Palo Alto Networks: Stock Outlook

$387.30 -2.38 (-0.61%) (As of 02:22 PM ET) 52-Week Range $140.52 ▼ $397.12 P/E Ratio 730.77 Price Target $382.35 CrowdStrike Holdings NASDAQ: CRWD is a technology firm specializing in  AI-powered cybersecurity. It has recently seen massive share price growth, up 162% in the last 12 months. Since going public in 2019, the firm has had a…

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Accurate Valuation or Market Correction Ahead?

$128.99 +3.16 (+2.51%) (As of 02:13 PM ET) 52-Week Range $39.23 ▼ $140.76 Dividend Yield 0.03% P/E Ratio 75.43 Price Target $127.07 NVIDIA NASDAQ: NVDA is a brand name with celebrity status in the technology sector. NVIDIA has become synonymous with accelerated computing, particularly in the rapidly evolving field of artificial intelligence (AI). The company’s graphics…

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Snowflake Stock Rallies on AI Spending Increase

Artificial intelligence (AI) data cloud provider Snowflake Inc. NYSE: SNOW has had a series of misfortunate events, ranging from an earnings miss to data breaches, that caused its stock to tumble to 52-week lows at $122.60 on June 25, 2024. However, the shares have been able to rally for four consecutive days following the low…

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Complete Solaria, Senti, and POET

High volume can indicate market strength, but volume is relative. Thirty million in traded shares doesn’t mean much if the average daily volume is higher. However, a volume spike to thirty million is a different story.   Volume spikes are a sign of piqued market interest, but their impact can be fleeting. Take GameStop, for example….

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