
AI Hype Continues Google Gemini Model Fuels Investor Optimism Quiver Quantitative
Alphabet's stock surges with the release of its latest AI model, Gemini, easing concerns about its competitive position in the AI sector.
7939 NW 21st St
Miami, Florida
Alphabet's stock surges with the release of its latest AI model, Gemini, easing concerns about its competitive position in the AI sector.
Microsoft stock rises after former OpenAI CEO joins company, despite employees threatening to quit, following a multi-billion-dollar investment in OpenAI.
Markets rally for a second day, with weekly totals up on the Dow and Nasdaq. Apple's earnings disappoint.
Foreign investors in India have increased their stake in 95 smallcap stocks that have given high returns this fiscal year.
WeWork's potential bankruptcy filing next week comes as no surprise, as the company's shares have plummeted and it has struggled with debt payments.
The tech sector has made a remarkable comeback in 2023, driven by the AI industry surge and the performance of top tech companies like Nvidia, Meta Platforms, and Alphabet. Despite adverse external factors, the US stock market has shown resilience, indicating a promising signal for the Q4 stock market rally. Google's stock has reached a new 52-week high and faces resistance at $143.65.
McDonald's is bringing back the McRib sandwich, using scarcity marketing to create consumer urgency and drive sales. The success of the McRib has even sparked competition in the fast-food industry. McDonald's has a positive financial performance and is an attractive investment for income-focused investors.
Cisco has agreed to acquire data observability and security company Splunk in a $28 billion deal to develop AI-enabled security solutions.
Instacart's stock opened at $42 a share, 40% higher than anticipated, with a market valuation of roughly $13.9 billion.
British chipmaker Arm debuted on the public markets, with shares jumping 10% and climbing over 20% in the first 30 minutes of trading.
WeWork's potential failure poses a significant threat to the US commercial real estate sector, with experts warning of a "systematic shock."
Amazon's stock price dropped by 2.64% in the last trading session, but analysts still recommend buying the stock.
Amazon.com Inc. saw a decrease in stock price and trading volume, but analysts still recommend buying. Revenue growth is expected.
Amazon's Q3 revenue growth is expected to be strong, beating expectations and leading to a rally in its shares.
Nigerian Exchange Limited (NGX) closed July 2023 with a 5.5% growth, the best return since 2017, outperforming other African exchanges.
Ford's F-150 Lightning faces competition from Tesla's Cybertruck, outcome uncertain.
Meta's Twitter competitor, Threads, has gained 100 million users in a few days, surpassing ChatGPT. Meta's stock has risen over 135% this year, but Fidelity has written down its valuation of Twitter from $44 billion to $15 billion, representing a loss of 65.9%.
Bitcoin shows signs of optimism despite SEC lawsuits and stagnant price.
The world of finance and investment can seem intimidating, isn't it? It literally feels like you are swimming in a sea of numbers and financial jargon. But guess what - even the most complicated term can be broken down into simple, bite-sized pieces. Today let's talk about one such term: 'Market Capitalization'. Market capitalization (market cap for short) is often buzzed around in the news under Finance sections. Digging deeper into it only seems logical then; let's get started!
Refreshing your memory back to basics, market capitalization is simply the total dollar value of all outstanding shares of a company’s stock. You may be wondering how this calculation happens though...Simple! We multiply a share price with its number of outstanding shares.
In terms of news content related to market capitalization or market cap, there are several perspectives from which we could approach this topic.
If we think about it, wouldn't buying stocks feel like buying slices out of an enormous pie? The larger your slice is (i.e., more number/share), The bigger part you own from that whole pizza pie aka the company! And therefore knowing how much our piece-of-the-pie costs becomes pretty crucial!
That was just skimming through some theoretical aspects linked with the concept. In real-world scenarios too like stock investing world, Market Cap concepts truly help provide investor insights beyond just per-share cost. Isn’t unraveling these complex terminologies really fun? Releasing ourselves from those mind-boggling figures and diving deeper into understanding them definitely helps add clarity while making decisions!