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Is Galaxy Digital (GLXY) A Good Stock To Buy Now?
Insider Monkey66d agobullish
Is Galaxy Digital (GLXY) A Good Stock To Buy Now?

Is GLXY a good stock to buy? We came across a bullish thesis on Galaxy Digital on TradersPro’s Substack. In this article, we will summarize the bulls’ thesis on GLXY. Galaxy Digital’s share was trading at $33.36 as of June 12th. GLXY’s trailing and forward P/E were 47.25 and 666.67 respectively according to Yahoo Finance. Galaxy Digital […]

Qualcomm in talks to buy Tenstorrent, The Information reports
Reuters66d agobullish
Qualcomm in talks to buy Tenstorrent, The Information reports

Chip ‌designer Qualcomm ‌is in ​talks to acquire AI chip ‌startup ⁠Tenstorrent at a ⁠price of ​between $8 ​billion and $10 ​billion, ‌The Information reported on Monday, citing a ‌person ​with ​direct ​knowledge ‌of the deal. (Reporting ​by ​Jaspreet Singh ​in ‌Bengaluru; Editing ​by Joyjeet ​Das)

3 Reasons RLI is Risky and 1 Stock to Buy Instead
StockStory66d agobullish
3 Reasons RLI is Risky and 1 Stock to Buy Instead

Over the past six months, RLI’s stock price fell to $54.37. Shareholders have lost 16.4% of their capital, which is disappointing considering the S&P 500 has climbed by 8.4%. This may have investors wondering how to approach the situation.

Riot Platforms (RIOT) Stock Valuation After Crypto Rally And New Analyst Buy Ratings
Simply Wall St.66d agobullish
Riot Platforms (RIOT) Stock Valuation After Crypto Rally And New Analyst Buy Ratings

Riot Platforms (RIOT) is back in focus after crypto related stocks climbed 4% to 6% following the U.S. and Iran agreement to ease tensions and reopen the Strait of Hormuz, which lifted sentiment around Bitcoin exposure. See our latest analysis for Riot Platforms. The recent crypto driven bounce sits on top of strong existing momentum, with a 90 day share price return of 81.27% and a year to date gain of 87.92%. The 1 year total shareholder return of 161.65% contrasts with a weaker 5 year...

Corning (GLW) Stock After 97% Rally And Recent Pullback Is The Price Still Reasonable
Simply Wall St.66d agobullish
Corning (GLW) Stock After 97% Rally And Recent Pullback Is The Price Still Reasonable

Corning's stock has caught plenty of attention, and if you are wondering whether the recent price puts it above or below a reasonable value, this breakdown is aimed squarely at that question. After a strong run with the stock up 97.6% year to date and 256.8% over the past year, the recent pullback of 4.4% over the past week and 6.6% over the past month may have some investors reassessing both the upside and the risks. Recent coverage has focused on Corning's role in key technology supply...

Peace Deal Reignites Tech Stock Rally
Barrons.com66d agobullish
Peace Deal Reignites Tech Stock Rally

The Nasdaq had its best day since March after Wall Street used the U.S.-Iran peace deal as just another excuse to pile into technology stocks. The Dow rose 469 points, or 0.9%. Market breadth was actually mediocre, but everything from Big Tech to software and chips were on the rise, along with other risk assets like crypto firms.

3 Reasons to Avoid WRBY and 1 Stock to Buy Instead
StockStory66d agobullish
3 Reasons to Avoid WRBY and 1 Stock to Buy Instead

Warby Parker has been treading water for the past six months, recording a small loss of 1.5% while holding steady at $26.43. The stock also fell short of the S&P 500’s 8.4% gain during that period.

AI Stocks Are Rallying on Iran Peace Deal News, but the Risks Just Got a Lot Bigger
Barrons.com66d agobullish
AI Stocks Are Rallying on Iran Peace Deal News, but the Risks Just Got a Lot Bigger

The stock market was overlooking Anthropic’s latest feud with the U.S. government on Monday, which highlights what could be an ongoing problem for tech stocks: government intervention. Anthropic announced on Friday that it had suspended all access to its newest and most capable models, Fable 5 and Mythos 5. This came after the government issued an export control directive to suspend access to the models by any foreign national, citing national security concerns.

TeraWulf gets Bank of America backing with Buy initiation
Proactive66d agobullish
TeraWulf gets Bank of America backing with Buy initiation

TeraWulf (NASDQ:WULF) shares rose 8% after Bank of America initiated coverage of the company with a Buy rating and a $34 price objective, citing its transition from bitcoin mining to AI-focused high-performance computing infrastructure as a key value driver. Analysts said TeraWulf is...

Chip stocks surge, oil slides closer to $80 on US-Iran deal, Fox to acquire Roku
Yahoo Finance Video66d agobullishVIDEO
Chip stocks surge, oil slides closer to $80 on US-Iran deal, Fox to acquire Roku

Yahoo Finance Senior Reporter Brooke DiPalma comes on Market Domination to further discuss today's biggest headlines, including memory chip stocks like Micron Technology (MU) surging as Wall Street leans more bullish on the AI trade, oil prices (CL=F, BZ=F) moving closer to $80 per barrel on news of a US-Iran peace deal, and media giant Fox (FOX, FOXA) striking a deal to acquire Roku (ROKU) for $22 billion.

3 Reasons to Avoid CNC and 1 Stock to Buy Instead
StockStory66d agobullish
3 Reasons to Avoid CNC and 1 Stock to Buy Instead

Centene has been on fire lately. In the past six months alone, the company’s stock price has rocketed 60.4%, reaching $64.89 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.