Quick reading Coatue’s Thomas Laffont argues that trillion-dollar stocks like NVIDIA and Amazon have a more than 30% chance of reaching $10 trillion, surpassing relative milestones faced by smaller companies. Micron’s cloud memory revenue nearly doubled to $5.28 billion with gross margins of 66%, but analyst targets and recent insider selling indicate near-term caution. Antitrust…
Alphabet is a very profitable leader in artificial intelligence thanks to its Google Gemini. Micron’s memory chips are in such demand that management says they are “beyond sold out.” Big box retailer Costco has more than 81 million paid members and impressive renewal rates. 10 stocks we like more than Alphabet › If you have…
Wall Street showed minor fluctuations as investors dug into the latest data on the US economy. As the opening bell rang, the S&P 500 and Dow Jones Industrial Average posted slight declines of around 0.1%, while the Nasdaq Composite saw a drop of 0.3%. The key point remains whether the Federal Reserve can orchestrate…
Stocks were mixed in Asia on Friday, mirroring recent all-time highs on Wall Street, driven in particular by substantial gains in chipmaker stocks. The Nikkei 225 in Japan briefly surpassed the 41,000-point mark earlier in the day, but ultimately closed down 0.2% at 40,888.43. However, Chinese real estate and technology sectors dragged down the Shanghai…
