You Need to Know These Two Things About AI Stocks ASAP...

One of the world's most successful investors just went public with what promises to be two historic predictions. Many high-flying stocks of AI's "First Wave" are about to come crashing down, and when it does, a "Second Wave" of AI stocks will explode higher thanks to "digital twin" technology.

Benzinga Bulls And Bears: Tesla, Microsoft, Trump Media, Palantir, And Trader Predicts 4 Meme Coins To Echo Dogecoin, Shiba Inu

Michael Cohen
April 27, 2024

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

The S&P 500 and Nasdaq just had their best week since November, rising 2.7% and 4.2% respectively, ending their recent streaks of losses. The Dow also increased slightly by 0.7%.

Tech stocks, represented by the Invesco QQQ Trust (NASDAQ:QQQ), saw their strongest performance of 2024 after four weeks of declines, boosted by easing geopolitical tensions in the Middle East and strong corporate earnings.

However, U.S. economic growth decelerated in the first quarter and unexpected rises in key inflation metrics have postponed discussions on potential interest rate cuts.

Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week’s most bullish and bearish posts that are worth another look.

The Bulls

“Microsoft Q3 Shines Light On ‘AI Innovation Cycle’: Analysts See ‘Plenty Of Runway For Growth'”, by Chris Katje, reports that Microsoft Corporation (NASDAQ:MSFT) exceeded third-quarter financial expectations, with analysts optimistic about its AI-driven growth potential, especially in Azure, and forecasting substantial future revenue.

“Trader Who Turned $15K Into $5M Predicts These 4 Meme Coins To Emulate The Success Of DOGE, SHIB, FLOKI”, by Khyathi Dalal, describes cryptocurrency influencer Crash‘s forecast that Brett (BRETT), Bobo (BOBO), Pepe (CRYPTO: PEPE) and Resistance Dog (REDO) could match the past successes of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) in the meme coin market.

“Palantir’s ‘Rock Concert’ AI Sales Strategy Is Rapidly Boosting Commercial Sales: ‘We Can’t Do Enough Of Them'”, by Adam Eckert, explains how Palantir Technologies Inc. (NYSE:PLTR) is innovatively using boot camps, reminiscent of rock concerts, to dramatically increase its commercial sales without a traditional sales team, as described by CEO Alex Karp.

For additional bullish calls of the past week, check out the following:

Tesla Posts Strongest Session Since January 2022: Is A Trend Reversal Underway?

Ford CEO Jim Farley Reposts Video Of F-150 Lightning Powering A Bounce House After Generator Failed

Microsoft’s Azure Strength Could Rub Off On This Warren Buffett-Backed Stock And Another Big Cloud Player, Says Analyst

The Bears

“Crypto ‘Greed Almost At All-Time High, But Prices Are Not’ Warns Trader: ‘This Cycle Is Kinda Cooked'”, by Khyathi Dalal, details a trader’s observation that despite the greed index reaching near record levels, the actual market prices for cryptocurrencies like Bitcoin (CRYPTO: BTC) have not escalated, hinting at potential market instability.

, by Nabaparna Bhattacharya, reports that Devin Nunes, CEO of Trump Media & Technology Group Corp. (NASDAQ:DJT), has requested a Congressional investigation into potential stock manipulation, citing unusually high costs and questionable trading practices involving DJT shares.

“Tesla ‘Is Now Enron, Folks:’ Facebook Co-Founder Claims Musk’s EV Giant Is Cooking Up Some FSD Data”, by Shanthi Rexaline, reports that Dustin Moskovitz, co-founder of Facebook (now Meta), has accused Tesla, Inc. (NASDAQ:TSLA) and CEO Elon Musk of misrepresenting Full Self-Driving (FSD) capabilities, likening the company’s situation to the infamous Enron scandal.

For more bearish takes, be sure to see these posts:

Apple In Trouble? Tim Cook Reportedly Cuts Vision Pro Shipment Forecasts By Up To 50%, Analyst Says Demand Has ‘Fallen Sharply’

Affirm Stock Drops As Walmart Rolls Out New Payment Options: The Details

Intel ‘Still A Work In Progress’ As ‘Turnaround Efforts Take Root,’ Analysts Say After Q1 Disappointment

Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Continue Reading...

Popular

What's Going On With Rivian's Stock?

Rivian reported better-than-expected first-quarter revenue last week, and the company also maintained its 2024 production forecast of 57,000 units. Rivian shares also moved following a report from DigiTimes that Apple is "assessing the possibility of teaming up with a certain U.S. EV startup, and Rivian is a very likely candidate."

Must-See: Elon's New Invention is Absolutely Insane - Ad

When you click here and see what Elon Musk's new invention does... And how it works... You will NOT believe it. You'll tell yourself this is just science fiction. But Elon just tested this in a real human... And the result was mind-blowing.

Why MiNK Therapeutics Stock Is Up 11% Monday

MiNK Therapeutics shares are trading higher Monday after the clinical-stage biopharmaceutical company announced private placement financing of $5.8 million.

Nvidia's Secret Partner... This Is the New AI Chip Powerhouse - Ad

One unknown AI startup could match or even exceed AI's biggest runs in the coming years. Why? Because its technology solves the biggest problem holding back AI. It's a critical component that the industry can't advance without. This company just went public, so right now, it's under the radar.

Elon Musk Gives One-Word Response To Joe Biden's Dig At Donald Trump At White House Correspondents' Dinner

Elon Musk reacted to President Joe Biden's recent comments at the White House correspondents' dinner with a one-word response that sparked some discussion on social media.

This Unknown Company Solves the Biggest Issue With AI - Ad

This one tiny company's breakthrough solves THE critical issue holding back Nvidia and the whole AI chip industry. Amazon has already invested $144 million and agreed to buy at least $650 million more. One expert predicts a major announcement could come any day...

Bill Gates Shares Heartwarming Scuba Diving Photo With Daughter On Her 28th Birthday: 'I'm In Awe Of How You Dive Headfirst Into Everything.'

Bill Gates and Melinda French Gates each shared heartfelt social media posts to celebrate their daughter Jennifer's 28th birthday, highlighting her achievements as a mother, medical student, and equestrian.

Could Elon's New Device be Bigger than the iPhone? - Ad

According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... This mind-blowing new technology could be bigger than the iPhone. And it could make a lot of people wealthy in the coming months and years.

The SEC charges Trump Media's newly hired auditing firm with 'massive fraud'

SAN FRANCISCO (AP) — The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump’s media company.

RTX Soars Above Estimates in Q1, Reiterates FY24 Outlook

RTX Corporation (NYSE: RTX) reported 12% increase in Q1 FY24 net sales to $19.3 billion, beating consensus. Collins Aerospace and Pratt & Whitney drove the growth.

"Perma Bull" Predicts Shocking AI Annihilation... - Ad

Forbes referred to him a "perma bull"...He just shocked the world by issuing a massive bear warning about AI stocks. No one could have seen this coming. When this AI crash is over, he says many will lose everything.

Commercial jet maker Airbus is staying humble even as Boeing flounders. There's a reason for that.

FRANKFURT, Germany (AP) — In the latest round of their for dominance in commercial aircraft, Europe’s Airbus established a clear sales lead over Boeing even before the American company from manufacturing problems and ongoing safety concerns.

Elon Musk Shares Who He'd Want To Spend His Last Moments With In Response To Warren Buffett's Advice

Over the weekend, Elon Musk agreed with a sentiment shared by investment titan Warren Buffett about the importance of spending time with loved ones, despite their contrasting investment philosophies. 

Buy Alert: Invest in This Coin Before... [Details Inside] - Ad

Today, Ian issued a new "buy alert. He's calling this one "the greatest investment in history," and adds: "All my data is clear. It will be 20X bigger than bitcoin. "But you'll want to invest before the upgrade date.

Shell Exits Chinese Power Market, Eyes Gas Growth: Report

Shell reportedly exits China's power markets, focusing on bolstering profitability in natural gas and oil sectors. The move reflects a commitment to invest selectively in profitable ventures within the power sector, aligning with CEO Wael Sawan's vision.

Katy Perry and Rihanna didn't attend the Met Gala. But AI-generated images still fooled fans

NEW YORK (AP) — No, and didn't attend the this year. But that didn't stop AI-generated images from tricking some fans into thinking the stars made appearances on the steps of fashion's biggest night.

What Should You Be Doing To "A.I.-Proof" Your Retirement? - Ad

A.I. is creeping into every aspect of our daily lives... According to billion-dollar fund manager Louis Navellier, it's never been more important to A.I.-proof your wealth. He lays out three simple steps to take ASAP in his latest video.

Why Is Apple Stock Soaring Premarket Today?

Apple shares appear on track to reclaim the $180 level for the first time since the start of March after quarterly earnings.

Hope Hicks Testifies On Trump's Ex-Lawyer Michael Cohen's 'Mr. Fix It' Moniker: 'Only Because He Broke It First'

The criminal trial against Donald Trump saw former Trump aide Hope Hicks take the stand Friday and discuss Michael Cohen and the "Access Hollywood" tape.

Mystery of the Rich and Connected Revealed - Ad

Former Goldman VP reveals a mysterious "Gold Bank" with huge upside potential... Last time we shared this, some folks could have seen a 995% gain. Don't be surprised if you've never heard of this -- most haven't. But he's sharing all in this new video.

I-95 overpass in Connecticut scorched during a fuel truck inferno has been demolished

NORWALK, Conn. (AP) — A bridge damaged in a fiery crash that kept Interstate 95 in Connecticut has been demolished.

22 Countries Pledge To 3X Nuclear Power - Uranium Prices Soar 74% - Ad

Newswire says "Bull market continues in Uranium stocks." Who to pick? Well, exploration records show...

Once Vehicles For Republican Presidents To Connect With Southern Whites, Motor Sports Are Shifting Away From Trump

The fading sway of Trump in motor sports suggests the breakup of the conservative-racing connection, as shown by recent developments at the Miami Grand Prix.

Federal Judge Indefinitely Postpones Donald Trump's Classified Documents Trial

The trial of ex-President Donald Trump for retaining classified documents has been postponed indefinitely by a federal judge.

Could Elon Musk's New Device Save Us from A.I. Apocalypse? - Ad

A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. So he invented this strange new device to protect us against that A.I. threat. See this strange device you could be wearing some day.

Disney receives key approval to expand Southern California theme parks

ANAHEIM, Calif. (AP) — Disney has received a key approval to expand its Southern California theme parks in its first push to make major changes to its iconic Disneyland in decades.

Berkshire Hathaway's Q1 Operating Earnings Surged 39% — Here's Why

Berkshire Hathaway's Q1 operating earnings surge 39%, driven by strong performance in insurance businesses and investment gains.

Nvidia CEO Says It Will Spark "the Next Revolution" Beyond AI - Ad

Declares this radical biotechnology "is going to be flat out one of the biggest [tech revolutions] ever." And this $10 stock is at the center of all.

Wall Street Looks To Extend Rally Amid Caution Over Fed Speeches, More Earnings: Why This Analyst Thinks Bull Market Is Still 'Quite Young'

U.S. stocks are likely to extend their gains as major index futures are modestly higher on Monday. Strong earnings reports continue to support the market, with S&P 500 earnings expected to grow by 5% year-over-year — the highest rate since Q2 2022.

One Crypto Can Change Your Financial Life - Ad

The catch is you won't be able to become a millionaire by buying Bitcoin today. There are five little-known coins I've discovered that I believe will skyrocket over the course of the next few months.

Bitcoin ETFs Record $51M Net Outflows On Monday, Continue 3-Week Outflow Trend

The cryptocurrency investment landscape has been marked by a concerning trend in recent weeks, with significant outflows recorded across major Bitcoin (CRYPTO:

READ THIS If You Missed Out on the AI Boom - Ad

Radical new biotechnology predicted to grow 320,000% in 3 years. Nvidia's CEO calls it "the next amazing revolution." And one small company poised to dominate this revolution trades for just $10.

Trump Unphased By Gag Order, Fines: 'Our Constitution Is Far More Important Than Jail'

Donald Trump has been fined $10,000 for violating a gag order 10 times. The former president said he will keep speaking out.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service