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The U.S. stock market is flirting with its all-time high after the Federal Reserve cut its main interest rate to bolster the job market.
Oracle missed its top line, delivering $16.06 billion when Wall Street had projected $16.21 billion for the quarter. It did, however, handily beat on its bottom line, reporting earnings per share (EPS) of $2.26 when $1.64 was expected.
Prior to reporting its fiscal third-quarter operating results in November, Nvidia's P/S ratio surpassed 30. As for Palantir, its trailing 12-month P/S ratio is currently 119, and that's not a typo. There's virtually no sales or earnings growth rate that can support such aggressive valuation premiums for these two AI darlings.
The valuations of some artificial intelligence companies are approaching those of the dot-com boom. But investors worry that pulling money from today’s market risks future gains.
Micron Technology (NASDAQ:MU) climbed more than 4% on Wednesday as analysts projected strong fiscal Q1 2026 earnings. The company is scheduled to report results on Dec. 17. Citi's Christopher Danely said he expects a significant beat and raise for the quarter,
US equities slid Wednesday as traders brace for a widely anticipated quarter-point rate cut later in the session, along with projections from officials on the trajectory of monetary policy.
Software companies are integrating AI into their solutions, which will dramatically enhance the value added by these solutions.
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Is it worth investing in Dutch Bros (BROS) based on Wall Street's bullish views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price,