Crowded tech hedge fund positions

STMicroelectronics (STM) Outpaces Stock Market Gains: What You Should Know

STMicroelectronics (STM) closed at $47.23 in the latest trading session, marking a +0.4% move from the prior day.

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  APA (APA) Stock Sinks As Market Gains: What You Should Know

  Zacks
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  Paccar (PCAR) Outpaces Stock Market Gains: What You Should Know

  Zacks

Top Funds Pour Money Into Apple, Microsoft And These 2 Sectors

In addition to betting billions on Apple and Microsoft, the best mutual funds have lasered in on software and semiconductors.

UiPath Stock Is Flying This Year. Analyst Thinks the Party Is Over.

UiPath stock was declining Friday after an analyst downgraded shares of the business- automation software company, citing concern about how the rise of artificial intelligence could affect it. Wells Fargo analyst Michael Turrin lowered his rating on stock in UiPath (ticker: PATH) to Equal Weight from Overweight, but maintained his target of $20 for the price. Shares of UiPath were down 1.2% Friday to $18.06.

GBP to USD Weekly Forecast – British Pound Rallies for the Week

The British pound initially fell early in the week, but found a bit of support near the 1.2350 level to turn around and show signs of life again.

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  GBP to USD Forecast – British Pound Continues to Grind Higher

  FX Empire
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  GBP/JPY Forecast – British Pound Pierces ¥175

  FX Empire

GBP to USD Forecast – British Pound Continues to Grind Higher

The British pound has rallied a bit during the trading session on Friday, as we have broken above the 1.2550 level again.

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  GBP/JPY Forecast – British Pound Pierces ¥175

  FX Empire
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  GBP to USD Weekly Forecast – British Pound Rallies for the Week

  FX Empire

Is Trending Stock UiPath, Inc. (PATH) a Buy Now?

Recently, Zacks.com users have been paying close attention to UiPath (PATH). This makes it worthwhile to examine what the stock has in store.

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  Investors Heavily Search SoFi Technologies, Inc. (SOFI): Here is What You Need to Know

  Zacks
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  Here is What to Know Beyond Why Hologic, Inc. (HOLX) is a Trending Stock

  Zacks

Palantir Announced Updates This Week -- Here Is What Investors Should Know

Palantir continues accelerating its AI innovations through large language models and edge AI technologies.

3 Meme Stocks That Are Actually Solid Long-Term Picks

To this end, stocks such as Palantir Technologies (NYSE: PLTR), MongoDB (NASDAQ: MDB), and SoFi Technologies (NASDAQ: SOFI) could not only benefit from meme-driven hype but also build on gains once the fanfare subsides. Around the time of its 2020 IPO, Palantir's big data capabilities drew the attention of meme investors. Additionally, the release of its new AI platform, AIP, may have further boosted the stock as Palantir touted its new capabilities related to large language models.

Banks tweak mortgage offers anticipating interest rate rises

HSBC, Halifax and Nationwide are among banks tweaking rates.

Trending tickers: Tesla | Carvana | Croda | Vodafone

Tesla, Carvana and Vodafone all saw swings in their stock price over the last 24 hours.

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  GM Will Join Tesla's EV Charging Network in Step Closer to US Industry Standard

  Bloomberg
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  GM, Tesla announce agreement to expand access to Tesla's Supercharger network

  Yahoo Finance

Dassault Systemes targets doubling of earnings per share by 2028, announces new CEO

Dassault said it plans to reach non-IFRS EPS between 2.20 euros and 2.40 euros by 2028, roughly double the 1.13 euros it posted for the full year of 2022. The group is implementing its Horizon 2040 strategy, and like many software providers is shifting from a model based on licenses, whereby clients pay for software up front, to a subscription model. Proponents say subscription models give companies a more predictable revenue stream, which helps planning and managing costs.

Apple tries to distance itself from Meta, competition: Don’t call it a headset

Apple is distancing its Vision Pro from the rest of the VR/AR headset pack, but it can't escape what the device is.

Nvidia, Palantir becoming overvalued due to AI hype, strategist says

Tech speculators may be starting to grow wary of the growth promised by the artificial intelligence hype bubble. WealthWise Financial CEO Loreen Gilbert details which major tech stocks remain independently strong, while benefiting from AI trends.

Financial Stock Sees 65% Growth, Breaks Into Casino Business

Shift4 Payments posted 240% profit growth in the first quarter. The company entered a partnership with Light & Wonder.

Why Is RingCentral (RNG) Up 12.2% Since Last Earnings Report?

RingCentral (RNG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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  Why Is GoPro (GPRO) Up 7.5% Since Last Earnings Report?

  Zacks
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  Flex (FLEX) Up 14.7% Since Last Earnings Report: Can It Continue?

  Zacks

GBP to USD Forecast – British Pound Continues to Chop Around

The British pound initially tried to rally during the trading session on Thursday, but it looks as if it is stuck in the same region that we have been in for a while.

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  GBP to USD Forecast – British Pound Continues to Grind Higher

  FX Empire
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  GBP/JPY Forecast – British Pound Pierces ¥175

  FX Empire

Down -24.33% in 4 Weeks, Here's Why You Should You Buy the Dip in PagerDuty (PD)

PagerDuty (PD) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Globant Named as a Leader in the IDC MarketScape Worldwide Artificial Intelligence Services 2023 Vendor Assessment

Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, has been positioned as a Leader in the IDC MarketScape: Worldwide Artificial Intelligence Services 2023 Vendor Assessment (doc #US49647023, May 2023).

Sprinklr, Inc. (CXM) Soars to 52-Week High, Time to Cash Out?

Sprinkler (CXM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

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  Owens Corning Inc (OC) Hit a 52 Week High, Can the Run Continue?

  Zacks
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  MercadoLibre (MELI) Stock Sinks As Market Gains: What You Should Know

  Zacks

Zacks Industry Outlook Highlights Independence NVIDIA and STMicroelectronics

Independence NVIDIA and STMicroelectronics are part of the Zacks Industry Outlook article.