CrowdStrike Holdings Inc. ( CRWD ) faced market backlash as its shares dropped nearly 6% following its fiscal third-quarter earnings release. While the cybersecurity firm posted revenue and adjusted earnings that surpassed analyst expectations, its fourth-quarter guidance fell slightly short, sparking investor disappointment. The company forecasted adjusted earnings of $0.84 to $0.86 per share for the fourth quarter, just below analysts’ consensus of $0.87. This tepid outlook overshadowed a strong performance for the third quarter, where adjusted earnings of $0.93 per share and revenue of $1.01 billion exceeded Wall Street estimates. Despite the selloff, CrowdStrike raised its full-year revenue guidance to a range of $3.92 billion to $3.93 billion, reflecting optimism about its ongoing growth trajectory. Recovery After a High-Stakes Incident This quarter marked the second earnings report since a July software glitch led to massive IT outages worldwide, disrupting industries like air tr...

Nvidia ( NVDA ) CEO Jensen Huang has a bold vision for artificial intelligence (AI), but he acknowledges the road to reliable AI is still several years away. Speaking at the Hong Kong University of Science & Technology, Huang highlighted the limitations of today’s AI models, noting that they often produce inconsistent or unreliable answers. "We have to get to a point where the answer that you get — you largely trust," Huang stated, emphasizing that pre-training on vast datasets alone is insufficient. Instead, advances in computational power and training methodologies are essential for building trustworthy models. As the leader in AI acceleration through its graphics processing units (GPUs), Nvidia has benefited from its central role in powering systems for Microsoft ( MSFT ), Google ( GOOG ), and OpenAI. However, Huang’s comments underscore the challenges ahead, including debates about the effectiveness of simply scaling up model size and the need for innovation beyond cu...

California Governor Gavin Newsom has reignited the electric vehicle (EV) tax credit debate. The governor proposes a state-level rebate program in anticipation of President-elect Donald Trump's expected repeal of federal EV tax credits. Newsom’s plan, aimed at fostering competition in the zero-emission vehicle market, has sparked speculation that Tesla ( TSLA ) may be excluded from the new rebates, a move that could reshape the EV landscape. Tesla, which accounts for about half of all U.S. EV sales, saw its stock drop 4% on Monday following the announcement. In contrast, shares of Rivian Automotive ( RIVN ) surged over 13%, buoyed by the potential boost to competition. Analysts believe a cap on Tesla’s eligibility for state rebates could level the playing field for smaller competitors like Rivian. Rivian Secures DOE Loan, Eyes Massive Growth In a separate development, Rivian announced it has received conditional approval for a $6.6 billion loan from the Department of Energy's A...

Hims & Hers Health Inc. ( HIMS ) has emerged as a standout in the telehealth sector. The company shares skyrocketed as much as 18% following the announcement of President-elect Donald Trump’s nomination of Dr. Marty Makary to lead the Food and Drug Administration (FDA). Dr. Makary’s ties to compounded GLP-1 drugs—a key revenue driver for Hims—signal potential regulatory tailwinds for the company, even as it navigates a complex and evolving landscape. Regulatory Shifts Spark Investor Optimism Hims & Hers’ fortunes took a sharp turn after Hunterbrook Media highlighted Dr. Makary’s role as an executive at Sesame Inc., another telehealth provider offering compounded GLP-1 weight-loss drugs. This connection positions Hims & Hers as a potential beneficiary of a more lenient regulatory environment under Makary’s leadership, should he be confirmed. The company’s compounded semaglutide products have been a hot topic this year. While these drugs are not FDA-approved, they remain perm...

Super Micro Computer Inc. ( SMCI ) has captured investor attention with an extraordinary 78% weekly rally, marking its best week on record. This resurgence follows a tumultuous year marred by accounting controversies, regulatory investigations, and a threatened delisting from Nasdaq. With new developments offering both hope and lingering uncertainty, SMCI's journey remains a high-stakes narrative for the tech sector. 👉  Check Out Video --> SMCI Price Analysis A Record Rebound Amid Compliance Efforts Super Micro's shares surged over 70% to $34.37 this week, building on momentum from its recent efforts to resolve compliance issues. The company’s appointment of BDO USA as its independent auditor and its submission of a compliance plan to Nasdaq have provided temporary relief to investors. Nasdaq’s decision on the plan is expected within two weeks, offering a window of hope for the San Jose-based server maker. This rally marks a dramatic turnaround from months of sharp declines...

Thursday was a whirlwind for the stock market as tech giants Nvidia ( NVDA ) and Alphabet ( GOOG ) made headlines for vastly different reasons. Nvidia’s earnings underscored its dominance in AI hardware but highlighted supply chain hurdles, while Alphabet faced intensifying antitrust scrutiny. Meanwhile, Snowflake ( SNOW ) emerged as a star, soaring after strong earnings fueled optimism in the software sector. Here’s a closer look at the forces driving the day’s market movements. Nvidia’s Blackwell Supply Chain Woes Temper Record Gains Nvidia’s third-quarter earnings report revealed robust growth but left investors grappling with tempered expectations for the months ahead. Revenue soared 94% year-over-year to $35.1 billion, with data center revenue doubling to $30.8 billion, underscoring Nvidia’s pivotal role in the AI revolution. However, the company’s fiscal fourth-quarter guidance pointed to slower growth, citing supply chain bottlenecks for its next-generation Blackwell AI chips. T...

Wix.com ( WIX ), the Israeli website-building giant, saw its stock soar nearly 14% on Wednesday following the release of its robust Q3 2024 earnings report.  The company’s shares, which peaked above $200 for the first time since 2021, showcased investor confidence driven by its standout performance. For the quarter, Wix posted a 13% year-over-year revenue increase to $444.7 million, slightly above Wall Street estimates. Non-GAAP earnings per share (EPS) surged 36% to $1.50, outpacing projections. The standout figure, however, was the company’s free cash flow, which leaped by a remarkable 185% year-over-year to $127.8 million. This strong financial showing prompted Wix to raise its full-year guidance. Revenue growth is now forecasted at 14% to 15%, up from 13% to 14%, while free cash flow margins are expected to hit 27% to 28%, up from prior estimates of 26% to 27%. The company’s ability to hit these targets a year ahead of schedule reflects not just operational efficiency but also ...

Target ( TGT ) delivered a dismal third-quarter earnings report, missing Wall Street expectations by a wide margin. The retailer’s earnings per share came in at $1.85, far below the forecasted $2.30, while revenue of $25.7 billion narrowly missed estimates. The company slashed its full-year earnings guidance to a range of $8.30 to $8.90 per share, down from $9 to $9.70. Target stock plummeted 21% following the announcement, marking its sharpest single-day drop since May 2022. CEO Brian Cornell cited strained consumer budgets and weaker demand for discretionary items such as home goods and apparel. The company’s preemptive inventory buildup ahead of potential East Coast port strikes added unanticipated supply chain costs, further squeezing margins. Gross profit margins fell to 27.2% from 27.4% a year earlier, missing expectations of 28.7%. Despite some gains in foot traffic (up 2.4%) and digital sales (up 10.8%), comparable sales increased by a modest 0.3%, falling short of the projecte...

Microsoft ( MSFT ) is solidifying its position as a leader in artificial intelligence with an expanded partnership with enterprise AI software provider C3.ai ( AI ).  Under the agreement, Microsoft Azure will become the preferred cloud platform for C3.ai’s offerings, while C3.ai will be designated as a preferred AI application provider on Azure. Announced at Microsoft’s Ignite conference, the partnership aims to accelerate AI adoption across enterprise sectors, offering solutions in supply chain optimization, predictive maintenance, and energy management. This move bolsters Microsoft’s AI ambitions as it integrates C3.ai's applications into its Commercial Cloud Portal, aligning them with Azure’s expanding capabilities. Microsoft continues to enhance its AI ecosystem, recently unveiling autonomous AI agents within its Copilot Studio platform. These tools, designed to improve workplace efficiency through automation and decision-making, highlight the company’s push to embed AI across ...

Netflix ( NFLX ) faced turbulence after its first major foray into live sports broadcasting stumbled over technical glitches. The much-anticipated boxing match between YouTuber-turned-boxer Jake Paul and heavyweight legend Mike Tyson drew 60 million households but was plagued by buffering and streaming disruptions. Complaints flooded social media, with #netflixcrash trending as frustrated viewers voiced their dissatisfaction. The technical issues have raised questions about Netflix’s readiness to handle live events, especially with the NFL Christmas Day doubleheader just weeks away. Despite the rocky performance, investors remained optimistic. Netflix shares initially dipped but rebounded 2.2% to close near record highs at $842.23 on Monday, reflecting confidence in the company’s ability to capitalize on live programming. Live Events: A Double-Edged Sword Live sports represent Netflix’s latest strategy to differentiate itself in an increasingly competitive streaming market. The company...

Tesla's stock ( TSLA ) is surging, driven by reports that the incoming Trump administration plans to prioritize federal policies supporting fully self-driving (FSD) vehicles. Shares of the electric vehicle (EV) pioneer have climbed an impressive 28% since the November 6 presidential election, buoyed by Elon Musk's close alignment with President-elect Donald Trump. Investors are betting that Musk's support for Trump's candidacy could now translate into regulatory tailwinds for Tesla's autonomous ambitions. According to Bloomberg, the Trump transition team is crafting a "federal framework" for FSD, potentially fast-tracking Tesla's much-anticipated Cybercab robotaxi, now targeting volume production by 2026. This potential regulatory boost has put Tesla in the spotlight while rival ride-sharing companies Uber ( UBER ) and Lyft ( LYFT ) face significant market losses amid the shift in focus toward autonomous vehicles. Cathie Wood's Optimistic Vision Pr...

TSS Inc. ( TSSI ) has emerged as a compelling AI data center player following its recent Nasdaq uplisting. Formerly traded over-the-counter, the small-cap company experienced a meteoric rise, with its stock soaring from $0.27 at the start of 2024 to $11.98 as of last Thursday. The move has drawn comparisons to Super Micro Computer ( SMCI ), a recent favorite among AI investors now facing potential delisting. TSS specializes in systems integration, configuring and supplying equipment for data centers. Its close ties to Dell Technologies ( DELL )—which accounted for 96% of TSS's revenue in 2023—position it squarely within Dell’s rapidly growing server segment. Dell's server revenue rose 38% last quarter, in stark contrast to its shrinking PC business. This symbiotic relationship has fueled TSS’s dramatic growth, as reflected in its third-quarter revenue of $70.1 million, up 689% year-over-year. Impressive Growth, But At What Cost? Despite its revenue surge, TSS faces challenges. ...