CrowdStrike Today $310.15 -0.19 (-0.06%) (As of 10/18/2024 ET) 52-Week Range $170.17 ▼ $398.33 P/E Ratio 449.49 Price Target $328.74 In July of 2024, a defective software update by cybersecurity firm CrowdStrike Holdings Inc. NASDAQ: CRWD led to global technology outages across multiple industries. In response, CrowdStrike shares plummeted, losing nearly 44% of their value in […]
Netflix Stock Set to Surge—Analysts See Upside to $925
Netflix Today $763.89 +76.24 (+11.09%) (As of 10/18/2024 ET) 52-Week Range $392.26 ▼ $766.28 P/E Ratio 47.74 Price Target $739.38 Netflix’s NASDAQ: NFLX uptrend will continue because the company is still growing and outpacing forecasts. In 2024 and 2025, the company’s growth will be driven by the increasing user base and rising engagement, and in 2026, […]
Uber can be a super app without being a ‘super app’
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors in Uber and Expedia seem to think a merger of the two, talks over which were reported by the Financial Times this week, is unlikely for now. Yet there is much to recommend a […]
A Buy Opportunity or Caution Flag?
UiPath Today $13.06 +0.29 (+2.27%) (As of 10/18/2024 ET) 52-Week Range $10.37 ▼ $27.87 Price Target $17.71 UiPath NYSE: PATH is at the forefront of the enterprise automation software sector, providing powerful tools that enable businesses to automate repetitive tasks, streamline workflows, and boost overall efficiency. However, UiPath’s stock price is down close to 50% year […]
ALB, SQM, and MALRY Lead the Charge
The push toward new, more efficient, rechargeable batteries across multiple industries has driven demand for lithium skyward. Total global demand for the precious metal increased from 101 kilotons in 2021 to 165 kilotons in 2023, according to the International Energy Agency. Demand is forecasted to more than triple to 531 kilotons annually by 2030. The […]
Opportunity to Buy This Stock Now?
The energy sector and WTI crude oil prices spiked following the escalation in the Middle East after Iran launched a missile attack on Israel earlier this month. Initial fears of conflict disrupting global oil supplies, mainly through the vital Strait of Hormuz. This drove a rally across the energy market. However, with signs emerging that […]
Dominion Energy Stock Rises on AI and Nuclear Power Prospects
The world stands at the cusp of a technological revolution fueled by the unparalleled power of artificial intelligence (AI). From self-driving cars to personalized medicine, AI is poised to transform industries and reshape our daily lives. But this technological leap comes with an insatiable appetite for energy, demanding reliable, scalable, and increasingly sustainable solutions. Dominion […]
Cathie Wood Trims Robinhood Stock—What Should Investors Do?
Investors are reasonably worried when a mega investor decides to take action in a particular stock, especially when the action entails selling that stock. The problem is that markets will overreact to the news of someone getting out of a position without realizing that the meaning behind the decision might be more vague than they […]
Wave Life Sciences Stock Surges 70% on RNA Editing Milestone
Wave Life Sciences Today WVE Wave Life Sciences $15.31 +0.70 (+4.79%) (As of 10/18/2024 ET) 52-Week Range $3.50 ▼ $15.92 Price Target $18.56 Wave Life Sciences Ltd. NASDAQ: WVE is a clinical-stage biotechnology company focused on unlocking the broad potential of RNA medicines to transform human health. The company is generating significant interest from investors due […]
Which Shipping Stock Will Deliver Stronger Returns?
As the end-of-year holiday season approaches, retail sales are once again forecast to spike. The National Retail Federation expects winter holiday spending to climb between 2.5% and 3.5% relative to 2023, for a total of as much as $989 billion in total spending for November and December. Driven by overall strength in consumer spending trends, […]