Analysts unveil new Cloudflare stock price target after earnings
Sun, Feb 11, 2024 9:28 PM

Analysts unveil new Cloudflare stock price target after earnings

This old world can be downright scary. Matthew Prince can attest to that. The co-founder and CEO of Cloudflare (NET) said the internet security company has seen business increase as tensions rise around the globe. Prince shared his thoughts with analysts during the company's fourth-quarter earnings call on Feb.8 after Cloudflare posted better-than-expected results.

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Last leg of Q3 earnings among 5 factors to dictate Nifty mood this week
Sun, Feb 11, 2024 8:00 PM

Last leg of Q3 earnings among 5 factors to dictate Nifty mood this week

Nifty fell by 0.33% due to a decline in private bank stocks. The market is expected to continue consolidating within a range, with banking stocks being the key factor for the next move. Investors are concerned about delay in US Fed rate cuts and global tensions affecting inflation. Q3 earnings, IPOs, FII/DII activity, crude oil prices, and macro data will drive the market this week.

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2 Healthcare Stocks You Can Buy and Hold for the Next Decade
Sun, Feb 11, 2024 7:52 PM

2 Healthcare Stocks You Can Buy and Hold for the Next Decade

Investing in healthcare stocks can provide steady growth and diversification for your portfolio. However, not all healthcare stocks are created equal, so it's important to do your research. Two stocks to consider are Vertex Pharmaceuticals and Teladoc Health. Vertex has a strong product lineup and is expanding into new areas of the rare disease drug market.

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Could Snap Stock Help You Become a Millionaire?
Sun, Feb 11, 2024 7:51 PM

Could Snap Stock Help You Become a Millionaire?

Snap's stock suffered a 33% drop in after-hours trading due to disappointing revenue and income numbers, signaling struggles against competitors. Although Snap's growth may stabilize in the next few years, it may not be enough to generate millionaire-making gains for investors. Its current valuation and slow growth make it a risky investment compared to other potential high-growth stocks.

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Uber Stock Is Soaring: Is It a Buy Now?
Sun, Feb 11, 2024 7:50 PM

Uber Stock Is Soaring: Is It a Buy Now?

UBER's market cap has skyrocketed to $145 billion after a strong year with expanding margins and profits in its mobility and delivery segments. However, the stock is currently trading at a high forward price-to-earnings ratio of 37 and may be overvalued. Some analysts advise keeping an eye on it but not investing just yet.

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Wealth disparities by race grew during the pandemic
Sun, Feb 11, 2024 7:16 PM

Wealth disparities by race grew during the pandemic

New data from the New York Federal Reserve Bank shows that wealth inequality worsened during the pandemic, with white individuals gaining more net worth compared to Black and Hispanic individuals. This is due largely to the stock market's strong performance in 2021, with a larger percentage of white households having investments in stocks and mutual funds.

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Warren Buffett Is Buying This Dividend Stock Hand Over Fist. Should You?
Sun, Feb 11, 2024 7:15 PM

Warren Buffett Is Buying This Dividend Stock Hand Over Fist. Should You?

Warren Buffett has been mostly sitting on the sidelines, but has recently shown interest in adding OXY to Berkshire Hathaway's portfolio. Despite selling off their stake in OXY last year due to pandemic-related economic downturn, Buffett has aggressively bought back shares and increased their position. This may be due to optimism in future oil prices and OXY's focus on carbon capture technology.

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Why Apple's iconic Super Bowl ad still resonates 4 decades later
Sun, Feb 11, 2024 7:14 PM

Why Apple's iconic Super Bowl ad still resonates 4 decades later

In 1984, Apple changed the game with their Super Bowl ad for the Macintosh computer. Titled "1984", the ad featured a dystopian society ruled by "Big Brother", until a woman in athletic attire runs in and throws a sledgehammer at the screen displaying Big Brother, representing the arrival of the Macintosh and a new era of personal computing.

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Should You Buy Walmart Stock Ahead of Its 3-for-1 Stock Split?
Sun, Feb 11, 2024 7:14 PM

Should You Buy Walmart Stock Ahead of Its 3-for-1 Stock Split?

Walmart is conducting a 3-for-1 stock split on Feb. 26 to make shares more affordable for its associates and investors. However, past stock splits have not led to sustained gains. While the company's competitive position, solid growth, and strong dividend make it an attractive long-term investment, its valuation is relatively expensive. It may be best to buy after a pullback.

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Expect some impact on costs due to Red Sea crisis: Maruti Suzuki
Sun, Feb 11, 2024 7:13 PM

Expect some impact on costs due to Red Sea crisis: Maruti Suzuki

Maruti Suzuki may experience increased costs due to rerouting of vessels caused by the Red Sea crisis. This may impact their exports, which accounted for 2.7 lakh cars last year, but it is not expected to have a significant effect. The situation in the Red Sea has disrupted global trade and shipping costs have risen. Maruti Suzuki has plans to export 7.5 lakh units by 2030.

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Exclusive-Xiaomi says India's scrutiny of Chinese firms unnerves suppliers
Sun, Feb 11, 2024 7:12 PM

Exclusive-Xiaomi says India's scrutiny of Chinese firms unnerves suppliers

Xiaomi, the largest smartphone seller in India, has expressed concerns to the Indian government about Chinese supplier hesitancy to set up operations in the country due to strong scrutiny of Chinese companies. The company also requests for manufacturing incentives and lower import tariffs on some components. This follows increased scrutiny and restrictions on Chinese businesses in India.

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Could Green Thumb Industries Stock Help You Become a Millionaire?
Sun, Feb 11, 2024 7:10 PM

Could Green Thumb Industries Stock Help You Become a Millionaire?

Small, volatile stocks in emerging industries like Green Thumb Industries (OTC: GTBIF) can have the potential to help investors become millionaires, but it's not guaranteed. The company operates in a rapidly growing marijuana market and has shown strong revenue growth and a potential to capture a larger share of the market in the long term.

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3 Artificial Intelligence (AI) Stocks to Buy With $2k and Hold for 25 Years
Sun, Feb 11, 2024 7:09 PM

3 Artificial Intelligence (AI) Stocks to Buy With $2k and Hold for 25 Years

3 AI companies - Amazon, Palantir Technologies, and Snowflake - are expected to make significant contributions to the growth of AI in the coming years. These companies have strong potential for long-term growth and could provide significant returns for investors who are willing to hold their stock for 25 years. Their unique technology, customer base, and competitive advantage offer an edge.

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These Six Charts Explain How the CRE Debt Crisis Spread to Banks
Sun, Feb 11, 2024 7:07 PM

These Six Charts Explain How the CRE Debt Crisis Spread to Banks

Property mogul Barry Sternlicht notes that there is $1.2 trillion in potential real estate losses, causing alarm for smaller banks who may bear the burden. NYC Bancorp’s dividend slash and further predicted property value declines add to the concerns. Regional bank stocks have been selling off, but credit investors are viewing it as an earnings issue, not a risk to financial stability.

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Billionaire David Tepper Invested 38% of His Portfolio in These 5 Stocks
Sun, Feb 11, 2024 7:06 PM

Billionaire David Tepper Invested 38% of His Portfolio in These 5 Stocks

Is David Tepper an income investor? Nope. The hedge fund manager (and Carolina Panthers owner) probably doesn't factor dividends into his thinking much, if at all, when picking stocks. However, that doesn't mean Tepper doesn't own plenty of dividend stocks. There are more of them in the billionaire's Appaloosa Management hedge fund than you might think.

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