I believe quality analysis particularly in the tech sector can be hard to find. I highlight top calls from my firm's Forbes analyses during a strong year for AI stocks...
On Twitter alone, there are 456,000 messages sent every minute. On Facebook, there are 510,000 comments posted every minute and 293,000 status updates. Outside of social media, there are 16 million text messages sent every minute and 156 million emails.afternoon trading on March 27, 2024 in New York City.
· Data center revenue grew 676% to $18.4 billion. Data center revenue scaled from a $10 billion run rate to a $75 billion run rate in 2.5 years, a feat that took AWS 6 years to accomplish. Supply chain and demand signals point to 2025 being another strong year for Nvidia as Blackwell comes to market, with my firm tracking these data points to assess Nvidia’s growth potential in the year to come. I published numerous free analyses on Nvidia’s Blackwell; some of this explaining back in May why there was still room in the stock price as I called out institutional analyst estimates being too low .
Meta was demonstrating improvements in ad pricing with strong ad impressions growth of >30% in Q2 and Q3 2023, while average revenue per user accelerated in those quarters; whereas Snapchat was struggling to effectively monetize its user base. Additionally, I explained that Meta was much more efficient with spending, maintaining R&D spending below 40% of gross profit while improving ARPU, significantly improving operating margin, and investing in AR/VR and AI technologies.
What I had seen in February 2024 was a combination of increased customer migrations, larger and longer duration contracts, increased incremental revenue QoQ, and opportunities to better monetize the suite via AI. These factors were the necessary ingredients for AWS to show “a sustained AI-driven acceleration,” even though its quarterly growth rates lagged Azure and Google Cloud. AWS growth has now re-accelerated to 19%.
April’s sales numbers gave my firm confidence that TSMC was “on track to land in the upper half of or above the guided range” for Q2 revenue — it ultimately beat estimates by $500 million, the largest in more than two years., and the rising power draw from next-generation GPUs.
Tech Stocks Tech Stock Analysis AI Stock Analysis Tech Investing Nvidia Palantir Meta Amazon Bitcoin
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2024 Golden Globe Awards Fashion Roundup + Faby's Best of 2024This article covers the red carpet fashion at the 2024 Golden Globe Awards, highlighting standout looks from Zendaya, Janelle James, Sheryl Lee Ralph, and Rihanna. It also promotes voting for various categories in The Fabys Awards of 2024, including Best Wig Hairstylist, Best Natural Hairstylist, Best Makeup Artist, Best Stylist, and Most Fashionable Couple.
Read more »
Best grocery store and fast-food items: 2024 Best of Cleveland rankings in reviewThe cleveland Best Of team has tasted and ranked all sorts of grocery store and fast-food items for you. Take a look back at all that we tasted and ranked in 2024
Read more »
Here’s our best look at the sequel to one of 2024’s best budget smartphonesThe OnePlus 12R was one of this year's best budget smartphones. Now, we have an incredible look at its successor — the OnePlus 13R.
Read more »
iPad Mini (2024) vs iPad Air (2024): Which One is Right for You?Apple's 2024 iPad lineup includes a refreshed iPad mini and a new iPad Air with two screen sizes. This comparison helps you decide between these two popular models.
Read more »
Top luxury campaigns of 2024: LVMH and Paris 2024The corporation's wine and spirits division Moët Hennessy, beauty retailer Sephora and jeweler Chaumet are among the brands that supported the premium partnership.
Read more »
2024 Lookback: ‘Mufasa’ Meltdown Caps Unpredictable 2024 Box OfficeRevisiting 2024 box office predictions highlights missed expectations for “Mufasa,” “Joker,” “Inside Out 2,” “Deadpool” and more
Read more »