Stock Market News Best-In-Class Stock Research Tools Monitor your portfolio in real-time. Access our top stock picks, proprietary research reports, stock screeners and more. Try MarketBeat All Access for free today. Start 30-Day Trial Start Your 30-Day Trial 11 hours agoDid SOFI Technologies Deserve a Price Target Cut to $2.50? Despite robust results, Fintech personal finance company SoFi Technologies Inc. (NASDAQ: SOFI) stock has been losing credibility with investors. The company reported strong Q1 2023 earnings and revenues while raising its full-year 2023 top and bottom line estimates. This prompted Wedbush to downgrade shares to Underperform with a $2.50 price target on May 15, 2023. Two weeks before the downgrade on May 2, 2023, Wedbush downgraded shares to Neutral from Outperform with a price target of $5 from $8. Wedbush Double Downgrades With two…Read Article 6 hours agoPalantir: The "Sleeper" Play on the AI Revolution Nvidia CEO Jensen Huang calls ChatGPT's November 2022 release the AI industry's "iPhone moment," triggering an arms race among tech firms, big and small. Microsoft quickly bought half of OpenAI, the company behind ChatGPT. At the same time, Google, Meta and Alibaba raced to develop their own competing AI language models. However, many investors struggle to decipher the signal from the noise. Amid the frenzy, several companies are opportunistically cashing in on the fad. In contrast, others are legitimate players in what is bound to…Read Article 10 hours agoKeep An Eye On These 5 Small-Cap AI Companies Over Memorial Day weekend, one of the hot topics sparking conversation, the difference in opinions and debate would have been Artificial Intelligence (AI). In that regard, it resembles the Bitcoin craze in 2017 and 2018. It was during that time that the price of Bitcoin began to surge and, in doing so, grabbed mainstream headlines and the imagination of millions of people around the globe.Last week shared many similarities with that phase in the cryptocurrency’s timeline, with the topic of AI featuring on many popular news channels…Read Article 7 hours agoAI Chip Stock Showdown: The Biggest Winners and Losers With the AI boom in full swing, many investors are looking to chip makers as the companies that will proverbially sell picks and shovels in the AI gold rush. The thinking goes that the companies that sell the expensive chips used to train and run AI models are bound to succeed regardless of which AI model or company ultimately wins the arms race. The more computing power is required, the more chips will be sold. Nvidia CEO Jensen Huang called ChatGPT’s release the “iPhone moment” for artificial intelligence, and the…Read Article 11 hours agoWorkday: Another AI Winner Melting-Up A melt-up is happening in the tech market, and Workday (NASDAQ: WDAY) is among the early winners. The melt-up is driven by artificial intelligence (AI) and has already produced spectacular gains for companies like NVDA (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), Marvell Technology (NASDAQ: MRVL) and even Workday. If you’re thinking, Workday has nothing in common with the chip makers, you are right. The thing in common is AI and Workday is well-positioned to be long-term leader in the space. "Workday had a strong…Read Article Latest Stock Market News 2 hours agoHow major US stock indexes fared Tuesday 5/30/20232 hours agoNvidia, Coherent rise; Big Lots, Skyline Champion fall6 hours agoPalantir: The "Sleeper" Play on the AI Revolution7 hours agoCan Tesla's Supercharger Become the Industry Norm? 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