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AI Sector Stalling: Only 4 Of 7 Categories Went Up In March
Article By:
Lorimer Wilson
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Sunday, March 31, 2024 8:50 PM EDT
No AI category went down in February, but 3 did in March - confirming my comment last week that "the surge in this sector is stalling."
In this article: HPQ, AIQ, BOX, MSI, S, CDNS, EQIX, MKSI, MU, NVDA, ZS, DELL, LTRN, RXRX, QBTS, RGTI
BYD Slows Down Plans To Build Factory In Vietnam
Article By:
EqualOcean
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Sunday, March 31, 2024 10:30 AM EDT
Recently, at BYD's shareholder meeting, an executive revealed that BYD has slowed down its plan to build an electric vehicle factory in Vietnam. After lengthy negotiations, BYD agreed to retain 100 hectares of commercial land in Vietnam.
In this article: BYDDF
ESG Today: Week In Review, Sunday, March 31
Article By:
ESG Today
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Sunday, March 31, 2024 8:00 AM EDT
This week in ESG news: Biden admin invests $6 billion in industrial decarbonization projects; Microsoft signs one of largest-ever biochar carbon removal deals; Mississippi orders BlackRock to ‘cease and desist’ from ESG investing and more.
Pudgy Penguins Surpasses BAYC To Become The Second-Largest NFT Collection
Article By:
Invezz
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Sunday, March 31, 2024 7:01 AM EDT
The market cap exceeding $460M pushed the collection just behind CryptoPunk. Pudgy Penguins' floor price stands at 14.59 ETH after notable surges in the past day. The NFT sector recovers as the broad crypto market displays resilience.
In this article: ETH-X
Critical Backdoor Internet Security Breach Accidentally Found Before Implementation
Article By:
Mish Shedlock
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Sunday, March 31, 2024 5:28 AM EDT
I am fascinated by a story of how a Microsoft engineer discovered a major, heavily disguised, backdoor security breach that was years in the making, and nearly implemented.
In this article: MSFT
March Recap: Small Cap AI Stocks Down 17%
Article By:
Lorimer Wilson
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Saturday, March 30, 2024 6:19 PM EDT
Of the 10 small cap AI stocks we analyze, the average stock price was $6.70/share and, while 5 of the 10 stocks were up in March, the average stock price for the ten was down 17.4%.
Hermès Lawsuit Attacks Luxury’s FOMO Premium
Article By:
Lipper Alpha Insight
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Thursday, March 28, 2024 10:15 AM EDT
The $274 billion luxury house Hermès International might be a little too exclusive. In a lawsuit filed last week, two California shoppers allege that the brand violates U.S. antitrust law.
Great Wall Motors Enters Indonesian Market: Leading In Southeast Asian EVs
Article By:
EqualOcean
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Thursday, March 28, 2024 4:58 AM EDT
Great Wall Motors unveiled on March 26 that two of its models, the Tank 500 and Haval H6, have been officially introduced to the Indonesian market. This strategic move signifies a significant milestone in Great Wall Motors' expansion in Indonesia.
Diving Into Doughnuts: The Resurgence Of Krispy Kreme
Article By:
Tim Knight
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Thursday, March 28, 2024 2:55 AM EDT
Krispy Kreme seemed to be fading badly from 2005 through 2010, but it has righted its ship and come roaring back, fattening us all up more deliciously than ever.
In this article: DNUT
Largest Cannabis MSO Stocks Advanced 8.5%, On Average, Last Week
Article By:
Lorimer Wilson
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Sunday, March 24, 2024 8:18 PM EDT
The legalization of cannabis in Germany last week sparked a 66% surge in the 5 largest Canadian cannabis LP stocks last week but only a 8.5% increase in the 7 largest American cannabis MSO stocks.
The Bulls Dunk On The Bears
Article By:
Greg Feirman
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Sunday, March 24, 2024 6:56 PM EDT
There is no current fundamental or technical reason to be bearish outside of valuation. The other bearish argument is that monetary policy acts with a lag and this time that lag is particularly long for various reasons. Why can't I flip bullish?
Bubble In Small Cap AI Stocks Continues To Deflate; Down 15% YTD
Article By:
Lorimer Wilson
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Sunday, March 24, 2024 10:30 AM EDT
The ten stocks in our Small Cap AI Stocks Index were in bubble mode in December, going up 17.3%, on average that month, but the bubble began to deflate in January. The Index went down 1.9% last week and is now down. 14.8% YTD.
How Germany Sparked 66% Rally In Canadian LP Stocks Last Week
Article By:
Lorimer Wilson
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Sunday, March 24, 2024 12:30 AM EDT
A historic vote in Germany on Friday decriminalized cannabis, sparking a rally in shares of Canadian cannabis LP stocks - first, Canopy Growth and Tilray, both of which do business in Germany, and then spreading to other major Canadian cannabis LPs.
Six Of Seven AI Stock Categories Increased This Week
Article By:
Lorimer Wilson
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Saturday, March 23, 2024 6:19 PM EDT
All but one of the 7 artificial intelligence stock categories I analyze increased in value this week. But there are indications that the surge in the AI technology sector is slowing.
In this article: BTAI, AIQ, AMAT, CDNS, MU, NVDA, SNPS, TENB, CRWD, LTRN Also: HON, HPQ, EXAI, BIDU, AVGO, INTC, LRCX, ANET, CYBR, DELL