Adobe Inc ADBE and Oracle Corp ORCL were named top technology picks for July by Mizuho on Wednesday. Cerity Partners' Jim Lebenthal maintains positions in both stocks as he believes both will continue to benefit from the AI boom.
Adobe beat earnings and raised guidance. The results were enough to quell investor fears over the disruptive potential of AI on Adobe's business.
The Metaverse is one of the fastest-growing industries in the world. The metaverse market size is expected to grow to $803.1 billion at a 39.68% CAGR.
As we enter July 2024, augmented reality (AR) stocks are catching the eyes of forward-thinking investors looking to tap into the next technological revolution. AR technology has been developing quietly in the background.
As the third quarter kicks off, analysts at Deutsche Bank are feeling especially upbeat about shares of Adobe Inc. and Uber Technologies Inc.
When investors consider the main ways to get their money back from an investment and a reasonable return on that initial investment, the average retail investor thinks of two main approaches. First is the classic ‘buy low and sell high' approach, which means someone sold stock at a profit and created a taxable event for those capital gains.
Ever since social media was created, our lives have been continuously getting interconnected with each other as well as the internet. A number of social media platforms now have over a billion users and are actively researching and implementing ways to make its platform engaging with users.
Zacks.com users have recently been watching Adobe (ADBE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Although there's no specific catalyst, cloud-based software providers making outsized moves today.
In the ongoing landscape of surging stock prices and dizzying market highs, it's easy to feel like you've missed the boat on growth stocks. The result of a broad market rally in recent months has catapulted most quality growth stocks to hefty valuations.
Machine learning stocks are doing well in 2024, led by the astronomical 145% growth of Nvidia (NASDAQ: NVDA ), but there are other opportunities to explore apart from Nvidia in the machine-learning market, with a potential size of $79.3 billion in 2024 and 36% growth between 2024 and 2030, reaching $503.4 billion by 2030. North America is the biggest market for machine learning, thanks in part to the country's favorable policy trends.
Stock market performance in H1 was strong, driven by steady earnings growth and a resilient US economy. The S&P 500 is near all-time high with tech-heavy companies leading returns, while Dow Jones lags behind. Q2 earnings will determine H2 investor appetite, with sky-high expectations, it's time for caution.