NVIDIA (NVDA) Stock Made a Big Run Higher in 2023. What’s in Store for 2024?
NVIDIA (NVDA) stock went on a serious run higher in early 2023. Now the stock is digesting its gains, and is poised to move in 2024.
NVIDIA (NVDA) stock went on a serious run higher in early 2023. Now the stock is digesting its gains, and is poised to move in 2024.
HubSpot (HUBS) has been adding to its AI repertoire while expanding profit margins at the same time. The future is bright here.
Amazon (AMZN) management sees AI adding tens of billions of dollars in revenue per year to AWS revenue in the upcoming years.
One of Arista Networks’ (ANET) largest customers (Meta) expects higher infrastructure related costs in 2024. That’s good news for ANET.
ServiceNow (NOW) had another excellent qtr as management noted generative AI represents a real tailwind to the company’s growth.
Meta Platforms (META) delivered an excellent quarter as management cut expenses while AI improved engagement and monetization.
Alphabet’s (GOOGL) biggest segment, Google Search, showed investors the ad market is good. But Google’s Cloud business slowed.
UnitedHealth (UNH) delivered a healthy qtr as profit grew 13% while sales grew 14%, helping the stock to keep its upward momentum.
PepsiCo (PEP) management believes the impact of weight-reducing drugs like Wegovy and Mounjaro has been negligible so far.
Cadence Design Systems (CDNS) makes software that designs microchips & is seeing increasing adoption for its AI portfolio.
MongoDB’s (MDB) database management software is a big hit with programmers. And the platform is perfect for Artificial Intelligence.
Salesforce (CRM) enjoyed its second consecutive qtr in which its operating margin grew more than 10 percentage points.