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Showing posts from May, 2023

Rising and Falling: Salesforce Beats Earnings, But Higher Capital Costs Dent Stock

Salesforce (CRM), the cloud-based software company, reported better-than-expected earnings and revenue for the latest quarter, along with an upward revision of its full-year earnings guidance.  However, the stock took a hit in after-hours trading, dropping as much as 7%, as investors expressed concerns over higher-than-anticipated capital costs. Let's take a closer look at how Salesforce performed and the factors that influenced its stock performance. Check Out Video --> CRM  Price  Target  Analysis   Earnings and Revenue Beat Salesforce delivered adjusted earnings of $1.69 per share for the quarter, surpassing analysts' expectations of $1.61 per share. The company's revenue also exceeded estimates, reaching $8.25 billion compared to the projected $8.18 billion. This marked an 11% increase in revenue for the quarter that ended on April 30, showcasing Salesforce's strong performance in driving sales. Capital Expenditures and Analyst Consensus While Salesforce'...

The Urgent Call to Mitigate AI's Extinction Risk: Insights from Tech Leaders

Artificial intelligence (AI) has captured the attention of tech leaders and industry experts, who are now warning about the potential risks associated with this rapidly advancing technology.  In a joint statement , signed by prominent figures including Sam Altman of OpenAI, executives from Google's DeepMind, and Microsoft, the urgent need to prioritize mitigating the extinction risk posed by AI is emphasized. This article explores the concerns raised by these leaders and sheds light on the importance of addressing AI risks on a global scale. The Growing Alarm The statement unequivocally states that reducing the risks associated with AI should be considered a global priority, alongside other significant risks like pandemics and nuclear war. It reflects a growing consensus among experts that the potential impact of AI on humanity's future cannot be ignored. This call to action acknowledges the importance of acknowledging and addressing the challenges presented by advanced AI syst...

Nvidia's CEO Reveals Top Picks: 2 Stocks for the AI Revolution

Nvidia's ( NVDA ) impressive revenue forecast has propelled the chip maker towards the trillion-dollar-value club, igniting excitement among investors.  With a growing demand for its products fueling the latest wave of artificial intelligence applications, Nvidia has become a top contender in the AI market. Surprisingly, the CEO of Nvidia himself hinted at potential winners in this booming industry, and two companies stand out from the crowd. During the company's recent earnings report, Nvidia revealed results that exceeded expectations. However, it was the guidance for the current quarter that stole the spotlight. With a revenue forecast range of $11 billion at the midpoint, significantly surpassing the analyst consensus of $7.2 billion, Nvidia signaled its strong position in the AI market. The driving force behind Nvidia's growth lies in the soaring demand for its data center products, which enable generative AI projects. The release of OpenAI's ChatGPT, an AI languag...

Fashion Retail Winners: Abercrombie & Fitch and Urban Outfitters Beat Expectations and Soar!

Featuring Two Popular Outfit and Apparel Stores Get ready for exciting news in the fashion retail industry! In this video, we dive into the impressive breakout/achievement of Abercrombie & Fitch (ANF) and Urban Outfitters (URBN). Abercrombie & Fitch exceeded all expectations, reporting a surprise profit and raising its revenue growth guidance for FY23, leading to a remarkable 30% surge in its stock. Meanwhile, Urban Outfitters wowed investors with better-than-expected results for the first quarter of fiscal 2024, surpassing both revenue and earnings estimates and experiencing a 6% stock price jump. Don't miss out on this exciting trend in the world of fashion retail and explore the potential implications for these popular outfit and apparel stores. Watch the  video  to get the technical details and what to expect moving forward. Good Trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of...

Unbelievable Trading Session: One of the Best Trading Days EVER!

What an awesome day trading session today! In the premarket (Mon-Thur) we put together a watch list made of eight (8) tickers: we call it Focus List. With over 8,000 stocks in the US stock market alone, we use the Focus List to "focus" our day trading attention on just eight tickers. Well, our Focus List was on fire today. Four of the eight tickers made big moves providing a combined 197% gain in just a few hours. That was awesome! Watch the  video  to get the technical details. Good Trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore d...

Kal's Option Trade of the Week - IWM Iron Condor

Hi Traders,  The market has been extremely calm recently and volatility is getting crushed. And since it is also going into Earnings season, the choices for trading vehicles is very limited. So let's jump into the most volatile index ETF right now which is IWM and make ourselves a trade! :) Watch  the video  to get the details. Kal Trading Risk Disclaimer   All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. This is not an offer to buy or sell stocks, forex, futures, options, commodity interests or any...

Tech Talk: AMD's Microsoft Partnership and TSM's Breakout - A Semiconductor Powerhouse Update!

Two semiconductors on the move. Advanced Micro Devices, Inc. (AMD) had an impressive couple of weeks following a "rumor" partnership with Microsoft and a Buy upgrade from Craig-Hallum as a potential AI winner. The trend is still in place. Another semiconductor that might be ready to make a move is Taiwan Semiconductor Mfg. Co. Ltd (TSM). Recently, the company obtained 3nm chip order commitments from several vendors, including Advanced Micro Devices, Inc. (AMD), Nvidia (NVDA), and Qualcomm (QCOM). Price appears to be breaking out. Here are these two stocks price targets: Watch the  video  to get the technical details. Good Trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securit...

Kal's Option Trade of the Week - GLD Iron Condor

Hi Traders,  The market has been extremely calm recently and volatility is getting crushed. And since it is also going into Earnings season, the choices for trading vehicles is very limited. So let's jump into the most volatile thing right now which is Gold. The Gold index ETF is GLD so let's make ourselves a trade! :) Watch  the video  to get the details Kal Trading Risk Disclaimer   All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. This is not an offer to buy or sell stocks, forex, futures, options...

Sector Rotation Can Turbocharge Your Portfolio!

  Sector rotation is a strategy used by stock traders to take advantage of changing market conditions by investing in specific sectors of the economy that are expected to outperform others. The idea behind sector rotation is that certain industries or sectors of the market will perform better at different points in the economic cycle. For example, during a period of economic expansion, sectors such as technology, consumer discretionary, and industrial may perform well. On the other hand, during a period of economic contraction, defensive sectors such as healthcare, utilities, and consumer staples may outperform. Traders using sector rotation strategies may invest in exchange-traded funds (ETFs) or individual stocks within specific sectors that are expected to perform well in the current economic environment!  They may also adjust their portfolio  allocations  to take advantage of new opportunities. Sector Rotation is a useful strategy for traders looking to maximiz...

How We Doubled Our Profits in Under Two Hours!

Today we day traded SNTG: over 100% gain in less than 2 hours! Watch the video to get the technicals. Good Trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is not an offer to buy or sell stocks, cryptos, forex, futures, options, commodity interests or any other trading securities.