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Applied Materials Inc. stock price grew more than 4x from around $33 at 2018 end to $134 currently, driven primarily by an almost 3x jump in its P/S multiple. Additionally, a steady rise in revenues and a drop in the outstanding share count further helped boost the company’s share price.... more...
Ramki Ramakrishnan, Elliott Wave specialist, suggests a possible retest of the $200 level, but After we move to between $233 and $260. more...
The Australian Dollar rebounded sharply last week after Chinese authorities’ pledge to support the economy boosted market sentiment. A robust Australian jobs report also lifted the commodity currency. more...
In trading on Friday, shares of Microsoft crossed above their 200 day moving average of $300.84, changing hands as high as $301.00 per share. more...
From their continued gains in the stock market to their $143 in revenue over the last fiscal year, Microsoft has had one lucky break after the other. What does this mean for their stock prospects? Our AI can answer that. Microsoft Corp closed down 0.9% on Wednesday, ending the midweek at $220.86 on volume approaching 23 million trades. Overall, the stock is up almost 38.6% for the year, in spite (or rather, because of) the pandemic. ...
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