We recently compiled a list of the 15 Best Growth Stocks to Buy for the Next 5 Years. In this article, we are going to take a look at where MercadoLibre Inc. (NASDAQ:MELI) stands against the other growth stocks. Kevin Mahn, President & CIO at Hennion & Walsh Asset Management, recently appeared on CNBC on January…
For the most part, the Magnificent Seven are must-owns, in my view. That’s because these businesses offer everything that I like to see as an investor. The growth prospects of these companies are exceptional with strong balance sheets. Alphabet, or Google (GOOGL), is no exception to this rule. After reviewing Google’s third-quarter earnings report, I…
Total Revenue: $14.1 billion, up 9% from last year. Cloud Revenue: $5.9 billion, up 24%. SaaS Revenue: $3.5 billion, up 10%. IaaS Revenue: $2.4 billion, up 52%. Cloud Services and License Support: $10.8 billion, up 12%. Infrastructure Subscription Revenues: $6 billion, up 17%. Operating Income: Grew 10%, with an operating margin of 43%. Non-GAAP EPS:…
Oracle’s stock fell nearly 8% after missing earnings estimates and issuing weaker guidance. Oracle’s cloud services, driven by AI demand, grew 12% in the last quarter, making up 77% of revenue. Oracle’s stock surged 80% this year, boosting its market value to over $500 billion. Oracle fell nearly 8% in extended trading after it reported…
By Ankur Banerjee SINGAPORE (Reuters) -Asian equities fell on Thursday after AI darling Nvidia disappointed investors with slower revenue growth expectations, while the dollar firmed and bitcoin hit a record high, buoyed by hopes about U.S. President-elect Donald Trump’s policies. Prevailing geopolitical concerns following the escalating conflict in Ukraine earlier this week have also weighed…
Nvidia (NVDA) will report its third quarter earnings after the bell today, giving Wall Street its best and latest look into the strength of the artificial intelligence trade. The world’s largest publicly traded company by market cap, Nvidia’s stock price has continued to rocket higher throughout 2024, thanks to the explosive growth in AI across…
Several growth stocks announced better-than-expected third-quarter results recently, displaying their ability to navigate an uncertain macro backdrop. The Federal Reserve’s interest rate cuts are expected to provide relief to growth stocks and boost their prospects. Bearing that in mind, we used TipRanks’ Stock Comparison Tool to place Palantir Technologies (PLTR), Monday.com (MNDY), and SoFi Technologies…
As global markets react to the recent U.S. election results and a Federal Reserve rate cut, small-cap stocks have shown significant movement, with the Russell 2000 Index surging over 8% for the week. In this dynamic environment, identifying promising small-cap stocks requires a focus on companies with robust fundamentals and potential for growth amid evolving…
Luxury electric car manufacturer Lucid (NASDAQ:LCID) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 45.2% year on year to $200 million. Its non-GAAP loss of $0.28 per share was 9.7% above analysts’ consensus estimates. Is now the time to buy Lucid? Find out in our full research report. Revenue: $200 million vs…
AppLovin Corp showcases robust revenue growth with a significant increase in net income. Strategic investments in AI and software platforms position the company for future expansion. Global economic conditions and platform policy changes pose potential risks. Brand recognition and user engagement remain critical for sustained growth. AppLovin Corp (NASDAQ:APP), a leading mobile app technology company,…