There’s no question about it — growth stocks have been the place to be during this bull market. However, according to LPL analyst Burt White, the growth trade may have finally run its course in 2017.
BlackBerry Ltd BBRY‘s stock has been on fire in 2017, surging 34 percent year to date. But while the company has done a commendable job distancing itself from its legacy smartphone business and building its mobile security business, Bank of America analyst Daniel Bartus says there are still plenty of things to dislike about the stock.
Advanced Micro Devices, Inc. AMD 1% stock jumped nearly 8 percent from around $13.00 to above $14.00 this week after a report surfaced that the company was partnering with Tesla Inc TSLA 1.91%to develop an autonomous vehicle chip that utilized artificial intelligence technology. The reports took the market by surprise, especially since Tesla already has a partnership in place…
Now that Model 3 production is ramping up, Tesla will be discontinuingits lowest-priced Model S, previously the company’s most affordable option. Tesla will no longer be selling the rear-wheel-drive version of the Model S starting Sept. 24 but will be continuing production of the rest of the Model S lineup, including the 75D, 100D and P100D…
Wednesday was a big news day in the self-driving automobile technology space. A potential Tesla Inc TSLA 1.91% partnership with chipmaker Advanced Micro Devices, Inc. AMD 1% captured most of the headlines.
Reports surfaced Wednesday that Tesla Inc. TSLA 1.91% has partnered with semiconductor company Advanced Micro Devices, Inc. AMD 1% to develop artificial intelligence-based driverless automobile chips.
Toy maker JAKKS Pacific, Inc. JAKK shares plummeted nearly 8 percent Thursday after the stock rallied 11.5 percent Wednesday following a Toys R Us bankruptcy filing Tuesday. Ironically, Wednesday’s big move came after the company lowered its full-year earnings guidance in a press release.
Tesla Inc TSLA 1.91% is reportedly working with chipmaker Advanced Micro Devices, Inc. AMD 1% to develop chips for driverless vehicles that incorporate artificial intelligence technology. While the partnership is certainly good news for AMD investors, shares of NVIDIA Corporation NVDA 0.46%, which also has a partnership with Tesla, were seen down more than 2 percent Thursday morning.