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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Top 3 Airline Stocks: Who’s Taking the Lead?

The airline industry was once a symbol of soaring growth, but recently, it has been navigating a turbulent environment. Rising operating costs, economic uncertainty, and operational disruptions have created significant airline industry headwinds. The 2024 summer travel season presents a unique mix of potential opportunities, driven by pent-up demand and a rebound in international travel,…

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Slowing Momentum in Semiconductor Stocks?

The semiconductor sector has been a standout performer in 2024, but recent trends suggest that its momentum might be slowing. So, let’s examine the overall state of the sector, focusing on the Van Eck Semiconductor ETF NASDAQ: SMH and two leading names: NVIDIA NASDAQ: NVDA and Taiwan Semiconductor Manufacturing Company NYSE: TSM. By analyzing these…

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Market Sees Strong Value-Building Signal

$169.15 +1.57 (+0.94%) (As of 07/8/2024 ET) 52-Week Range $149.58 ▼ $187.22 Dividend Yield 0.78% P/E Ratio 24.69 Price Target $186.00 UniFirst NYSE: UNF is a quality business with savvy management working hard to improve shareholder value. The efforts include upgrading technology to the latest in enterprise resource planning (ERP) and customer relationship management (CRM) software,…

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What do investors need in retirement?

Charles Luke, Investment Manager, Murray Income Trust PLC Many people in their sixties today can expect to enjoy 20 years or more in retirement. Their plans have become more ambitious, with far-flung travel, entrepreneurship, or extreme adventure on their bucket lists. However, the challenge is paying for it and the models that worked for previous…

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Buy Now and Reap Future Rewards?

$28.15 -0.40 (-1.40%) (As of 07/8/2024 ET) 52-Week Range $13.40 ▼ $52.48 Price Target $32.66 Affirm Holdings Inc. NASDAQ: AFRM is a leader in the buy-now-pay-later (BNPL) industry. They provide installment loans to consumers, enabling them to split purchases into smaller payments. This is a win-win for merchants as they make more sales and customers as…

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