This week’s picks cover: Why Venmo and merchant solutions are driving PayPal’s upside potential, how IREN’s pivot from Bitcoin mining to AI infrastructure is adding value, and how Cadeler’s fleet expansion rides offshore wind growth.
Credo Technology Group Holding (CRDO) recently posted a robust first-quarter earnings report, marking a significant turnaround with $223 million in revenue and a net income of $63 million, compared to a loss last year. This financial performance, combined with optimistic guidance for the next quarter, sparked a remarkable 71% rise in its share price over the last quarter. Additionally, settlements with Volex and Amphenol resolved ongoing patent disputes, potentially contributing to...
IonQ (IONQ) has witnessed a range of strategic developments in the last quarter, marked by the dual appointment of Inder M. Singh as both Chief Operating Officer and Chief Financial Officer. His leadership, alongside the breakthrough collaboration with Element Six to advance quantum technology, has added momentum to the company's position in its industry. Over this period, IonQ's stock price registered an 12% increase, which aligns with broader market growth supported by strong technology...
Tempus AI (TEM) experienced a price increase of 32% last month, which can be aligned with the significant developments in their collaboration with Northwestern Medicine. This partnership and the integration of Tempus' generative AI into clinical settings may have influenced investor sentiment positively. Concurrently, Tempus announced a notable improvement in financial performance with increased revenue and reduced losses in their latest earnings report. Broader market movements also showed...
Snowflake (SNOW) recently announced a key executive change with the appointment of Brian Robins as the new CFO, set to take effect later this month, replacing Mike Scarpelli. This shift aligns with the company's growth strategy and could positively shape investor sentiment. Last week, Snowflake's collaboration with Siemens aims to integrate technological data for enhanced manufacturing processes, indicating a forward-thinking partnership. Simultaneously, Snowflake expanded its AI Data Cloud...
Hewlett Packard Enterprise (HPE) witnessed a stock price increase of 28% over the last quarter, coinciding with several key developments. The company released its third-quarter earnings on September 3, reporting sales growth to $9.1 billion, though net income declined to $305 million year-over-year. Furthermore, HPE provided corporate guidance forecasting revenue and EPS growth for the fourth quarter of 2025. The Board confirmed a cash dividend of $0.13 per share. These developments occurred...
