Wolfspeed is a semiconductor company specializing in silicon carbide technologies. Their focus is on providing solutions for efficient energy consumption and a sustainable future. With product families that include silicon carbide material and power devices for various applications such as electric vehicles, fast charging, renewable energy, and storage, Wolfspeed has positioned itself as a market
Investing
As technology continues to advance at an unprecedented rate, the world of investment is also evolving rapidly. One such investor who saw the potential of artificial intelligence early on is Ivana Delevska, a hedge fund veteran with experience at top firms such as Citadel, Millennium, and Tiger Management. When she launched her fund in August
Morgan Stanley has highlighted Nvidia as a top tech stock to watch ahead of earnings season, citing positive catalysts that could drive share gains in the coming months. The firm’s analyst, Joseph Moore, is optimistic about the AI chipmaker’s prospects, pointing to strong spending trends in AI and robust demand for the company’s GPUs. Despite
Despite recent concerns about the progress of artificial intelligence and the overall state of the tech sector, Alphabet’s latest quarterly results have provided some relief to analysts and investors. The company’s first-quarter earnings exceeded expectations, leading to a 10% increase in share prices and an all-time high. Major analysts from firms like UBS and Bank
Microsoft, a key player in the market rally and AI race, is set to release its latest quarterly report after the bell on Thursday. With shares up nearly 5% year to date but down more than 7% in April, investors are closely watching to see if the tech giant can reignite the rally. However, the
Google parent company Alphabet is scheduled to release its earnings report after the market closes on Thursday, adding to the lineup of Big Tech companies reporting this week. Shares of the tech giant have seen a significant increase, up by 13.9% in the current year and a staggering 50% over the past 12 months. Investors
Meta Platforms, the parent company of Facebook, encountered a significant drop of more than 14% in its stock price after issuing weak second-quarter revenue guidance. However, the company managed to surpass analysts’ estimates with its first-quarter earnings and revenue. Honeywell, an industrial stock, experienced a 2.2% rise in premarket trading following the announcement of earnings
As the earnings season unfolds, there is potential for a breakthrough in the often overshadowed part of the financial sector, particularly for the Global X FinTech ETF (FINX). While major Wall Street players typically dominate the spotlight, technical analyst Rob Ginsberg believes that the FINX ETF is currently looking attractive after a prolonged period of
Meta Platforms, the parent company of Facebook, is gearing up to release its first-quarter earnings report after the closing bell on Wednesday. The tech giant has been on a winning streak, with its stock price soaring about 40% in 2024 and nearly 200% the year before. Despite the recent market pullback, Meta has managed to
UBS predicts that the Federal Reserve will not reduce interest rates until September, making now the opportune time to invest in tax-free municipal bonds. The bank anticipates only two rate cuts this year, with the first one occurring in the fall. As a result, UBS expects the yield on the 10-year Treasury note to decrease