wildpixel The idea that you can create an active fund that rotates around factors which come in and out of favor sounds a bit too good to be true. Why? Because whipsaw risk is always a problem for active strategies. Still, it’s worth looking into the idea through the BlackRock U.S. Equity Factor Rotation ETF…
Reddit stockcam On Friday, Reddit (NYSE:RDDT) rallied 7.02% from its closing IPO price in a single trading day. The rally was likely brought on by a surprise earnings beat from Snap Inc. (SNAP), which itself booked a staggering 27.6% gain the same day. In the chart below, you can see the price action in the…
http://www.fotogestoeber.de/iStock via Getty Images We have been following Artificial Intelligence (AI) at Manning & Napier for decades, and despite the recent buzz, AI is not a new concept. Scientist Alan Turing wrote the first AI manifesto, “Intelligent Machinery” in 1948. Eight years later, Dartmouth College held a workshop where the term “artificial intelligence” was coined…
chengyuzheng We previously covered Schwab U.S. Dividend Equity ETF (NYSEARCA:NYSEARCA:SCHD) in November 2023, discussing why it remains a great Buy despite the underwhelming performance on a YTD basis, with the latter only attributed to the market rotation towards high-growth tech and generative AI stocks, as most staple stocks suffer from minimal inflationary tailwinds. With the…
Richard Drury Investment Thesis For a long time, Tesla (NASDAQ:TSLA) has dominated the electric vehicle market. Under the leadership of Elon Musk, the company has invested a lot of money into technologies like self-driving cars, which has paid off in vehicle sales. In the Western Hemisphere, Tesla is still the biggest electric vehicle seller. However,…
Michael Vi Palantir Technologies Inc.’s (NYSE:PLTR) business has begun to demonstrate genuine strength in recent quarters, which the company is largely attributing to its Artificial Intelligence Platform. Growth currently varies significantly across customer segments though, hiding some of this strength. While Palantir’s valuation exposes investors to a lot of downside risk, and probably caps upside…
Dan Kitwood Rumble Inc. (NASDAQ:RUM) has been on a tear since announcing a partnership with Barstool Sports back in January. The video platform has longed announced big content partnerships, but the company has paid aggressively to acquire talent, leading to mixed financial results. My investment thesis is more Neutral on the stock after the surge…
Iryna Drozd/iStock via Getty Images Investors in The Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD), who picked its steep pullback in October/November 2023, have done relatively well, as SCHD bottomed out resoundingly. I also urged investors to buy SCHD aggressively in November, assessing the ETF as a prime beneficiary in a further recovery as pessimism likely…
Jon Feingersh/The Image Bank via Getty Images We previously covered Iron Mountain Incorporated (NYSE:IRM) in November 2023, discussing its mixed near-term prospects, as the management aggressively expanded its data center capacity to capitalize on the generative AI boom at a time of elevated interest rate environment. Despite the REIT’s increased reliance on debt and moderately…
Steven Puetzer/The Image Bank via Getty Images We previously covered Palantir Technologies Inc. (NYSE:PLTR) in November 2023, discussing the management’s brilliant marketing approach for AIP, with it likely to accelerate its top-line and customer base expansions. With the nascent generative AI SaaS market still ripe for immense growth, we continued to rate the stock as…
Vertigo3d One of the main stories, if not the story of 2023 for the investing world, has been the advent of large language models (“LLMs”), their usage as the engine of generative AI (GenAI) and how, slowly but surely, GenAI has begun to rewrite life as we know it. Understandably, in a period of high…
Analysts anticipate that the outflows from Grayscale’s Bitcoin Trust (GBTC) ETF, coupled with investors shifting to lower-fee options, will exert downward pressure on Bitcoin price. Bitcoin (BTC) experienced a rocky weekend as it fell below $42,000 for the second time, failing to break above $43,100 amid subdued trading volumes. The excitement surrounding the approval and…
Funtap UiPath (NYSE:PATH) has been one of the most hyped IPOs of the COVID bubble and has since dropped over 80% to its lows until it recovered in 2023, now down 62% since IPO. The company operates in a high-growth market, so let’s take a look without further ado. Robotic Process Automation Industry UiPath operates…
urbancow/E+ via Getty Images We previously covered C3.ai (NYSE:NYSE:AI) in September 2023, discussing its mixed prospects at a time of generative AI boom, with the management electing to pivot to a lower margin consumption-based pricing model to grab market share and consumer base. Combined with its sustained cash burn and deteriorating balance sheet, we had…
Despite Vanguard and State Street’s decision to abstain, the SEC is approaching a crucial deadline to announce its decision on the first Bitcoin ETF in early January. The anticipation surrounding the potential approval of spot Bitcoin Exchange-Traded Funds (ETFs) in the United States has reached its zenith. However, amid the frenzy, two major players in…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Despite a few apparent setbacks, like the change of leadership at Binance, Bitcoin’s ongoing upward trend…
Crypto experts during the Next Block Expo conference in Berlin unanimously agreed the crypto bear market is over but emphasized a cautious approach. Bitcoin (BTC) price has continued to showcase its stability as an investment product in the past few days. After reaching a new yearly high of around $44.5k, Bitcoin price has been ranging…
aluxum We previously covered CrowdStrike Holdings (NASDAQ:CRWD) in September 2023, discussing its massive long-term tailwinds given the transition towards centralized cloud-native applications and robust generative AI demand. With a highly sticky consumer base and growing non-cancellable remaining performance obligation, we had rated the stock as a Buy then, attributed to the attractive risk/ reward ratio….
Violka08/iStock via Getty Images IonQ, Inc. (NYSE:IONQ) is a company operating in the field of quantum computing. Quantum computing is an advanced area of technology that holds the potential to revolutionize how computations are performed. Unlike classical computers that use bits (0s and 1s) to process information, quantum computers use quantum bits or qubits, which…
Virojt Changyencham/iStock via Getty Images Xenon Pharmaceuticals Inc. (NASDAQ:XENE) has been making great progress with its pipeline, that’s because it was able to report some positive data from its phase 2 X-NOVA study, which used its drug XEN1101 for the treatment of patients with major depressive disorder [MDD]. Even though the primary endpoint of this…
Robert Way Investors in AI-hype train C3.ai (NYSE:AI) have been remarkably resilient. My previous update on C3 (Sell rating) panned out as AI underperformed the S&P 500 (SPX) over the past three months. However, the extent of the underperformance was less significant than I had anticipated. However, AI still fell nearly 43% from its June…
FinkAvenue/iStock Editorial via Getty Images Identifying attractive investment opportunities, without simply going for high momentum stocks and hoping that their high sales growth would be even better next year, involves a contrarian approach. That was the case with Oracle Corporation (NYSE:ORCL), which just three years ago was the ugly duckling of the cloud sector that…
jewhyte Microsoft’s (NASDAQ:MSFT) stock has slightly underperformed the S&P 500 (SPX) since my previous update (Hold rating) in late April 2023. Late buyers chased it toward its July high of about $367 before sellers forced a decisive selloff. As such, MSFT has retraced more than 10% toward yesterday’s (August 2) close. MSFT has lost upward…
The rush to launch Ethereum spot ETFs has sparked interest in the crypto community. The crypto investment landscape is undergoing a seismic shift as six entities have rushed to file applications with the US Securities and Exchange Commission (SEC) for Ethereum (ETH) futures-based Exchange-Traded Funds (ETFs). The Rise of Ethereum ETFs This whirlwind of activity…
peshkov Shares of TG Therapeutics (NASDAQ:TGTX) plunged after the company missed the Q2 2023 revenue estimate and as it signed an ex-U.S. deal with Neuraxpharm for Briumvi. The revenue miss would not be such a problem if the underlying expectations were not so high – mine included. My base case was at least $25 million…