font size The problem with PayPal is that consumers are returning to pandemic spending patterns with fewer online orders. Courtesy PayPal The applause for PayPaa’s new boss didn’t last long. The payment giant’s stock got a small bump when it announced this gut instinct CEO Alex Kress will take over as CEO next month. PayPal…
font size Superior Nvidia Grace CPU chip. Marlena Sloss/Bloomberg New Street Research says Wall Street analysts continue to underestimate the AI-related revenue prospects of three technology companies. “In the past few months, expectations regarding the deployment of data center AI infrastructure in 2024 have almost doubled,” analyst Pierre Virago wrote Tuesday in a note to…
font size United Airlines is one of the companies where analyst sentiment is getting better. Bruce Bennett/Getty Images Stocks that have done nothing for years are often called dead money by investors. Many dead money stocks are value traps that attract investors only to disappoint them. But there are a few candidates who can perform…
font size Hawaii Electric stock was falling on Monday. Patrick T Fallon/AFP via Getty Images Hawaii Electric Industries It was falling on Monday as wildfires in Maui weighed on the company’s stock. Wells Fargo maintained the Underweight rating on Hawaiian Electric (stock ticker: HE) stock in a report, and cut its price target to $25…
font size Nvidia is one of Daniel Ives’ stock picks. Dream time Recent gains for the heavy Nasdaq Composite have been limited, with only two positive days in August. Analyst Daniel Ives at Wedbush sees a big bounce soon. Despite posting slight gains on Thursday, the Nasdaq closed below its 50-day moving average for the…