Latest news with #KeithNoonan
Yahoo
5 days ago
- Business
- Yahoo
Why GoPro Stock Is Skyrocketing Today
Key Points GoPro is rocketing higher today thanks to its newly attained status as a hot meme stock. While the company's valuation has soared, the fundamentals of the business haven't changed. GoPro stock could see more bullish meme-driven momentum, but the company's share price has already pulled back a lot from today's high. 10 stocks we like better than GoPro › GoPro (NASDAQ: GPRO) stock is posting massive gains in Wednesday's trading. The action-camera specialist's share price was up 23% as of 12:45 p.m. ET and had been up as much as 73% earlier in the session. Despite the huge rally for the stock, there's not any business-specific news pushing GoPro's valuation higher today. Instead, the company has recently gained favor as a meme-stock play -- and some investors are buying up shares in hopes of scoring big returns in a short period of time. GoPro surges on meme-stock rally Meme-stock traders have identified GoPro as one of their next favored plays, and their buying action is helping to spur huge gains for the company's share price. The action-camera specialist's stock is now up roughly 4% over the last year of trading, but its still down roughly 68% over the last five years. The business has been struggling as its faced commodification pressures in the camera market, and its beaten-down valuation helped to set the stage for its recent meme-driven rally. What's next for GoPro? With expectations that interest rates could fall in the near future and that the Federal Reserve will cut rates multiple times this year, speculative stocks have come back into fashion. While it's possible that GoPro's rally could continue, investors should be careful about betting that the stock will be the next GameStop. GoPro's core business still faces the same challenges that it did prior to its big valuation pop, and there's a big risk that its share price will plummet when the meme momentum loses steam. On the other hand, it's possible that the company will be able to take advantage of the recent valuation surge by selling new stock at it current elevated levels. Should you buy stock in GoPro right now? Before you buy stock in GoPro, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and GoPro wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $641,800!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,023,813!* Now, it's worth noting Stock Advisor's total average return is 1,034% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why GoPro Stock Is Skyrocketing Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
11-07-2025
- Business
- Yahoo
Why CoreWeave Stock Plummeted Today
CoreWeave stock sank today after Needham lowered its rating on the stock from buy to hold. CoreWeave's $9 billion all-stock acquisition of Core Scientific has some investors feeling jittery about valuations. 10 stocks we like better than CoreWeave › CoreWeave (NASDAQ: CRWV) stock got hit with a big pullback in Thursday's trading. The company's share price fell 9.6% in a session that saw the S&P 500 (SNPINDEX: ^GSPC) rise 0.3% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) trade essentially flat with the previous day's close. CoreWeave's valuation took a hit today after an investment firm pivoted away from its bullish position on the stock in new coverage. Despite the pullback, the company's share price is still up roughly 246% from market close on the day of its initial public offering (IPO) in April. Needham published updated coverage on CoreWeave before the market opened today and lowered its rating on the stock from buy to hold. While the investment firm did not issue a price target for the stock, it raised valuation concerns despite also noting that it sees the roughly $9 billion all-stock acquisition of Core Scientific as a good fit for the company. The acquisition is set to further bolster CoreWeave's processing capacity for artificial intelligence (AI) applications, but the company will also be issuing a lot of new stock to fund the deal. CoreWeave's acquisition of Core Scientific is expected to close in the fourth quarter and represents a major step in the push to bolster positioning in AI processing and high-performance computing. The combination of the two businesses should be beneficial for CoreWeave and strengthen its processing footing, but it's also not surprising to see the stock pulling back following news of the big, all-stock buyout. Using new shares to fund the deal on the heels of a big run-up for the stock may not be an issue over the long term, but it may be raising valuation concerns for some investors. Before you buy stock in CoreWeave, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and CoreWeave wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $694,758!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $998,376!* Now, it's worth noting Stock Advisor's total average return is 1,058% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why CoreWeave Stock Plummeted Today was originally published by The Motley Fool
Yahoo
10-07-2025
- Business
- Yahoo
Why TMC The Metals Company Stock Is Surging Today
TMC stock is jumping Thursday after the Trump administration announced plans for a 50% tariff on copper imports. The Trump administration is making domestic mineral sourcing a priority, and that's good news for TMC. TMC's performance outlook remains highly speculative, but conditions seem to be aligning for the company to rapidly scale mining operations. 10 stocks we like better than TMC The Metals Company › TMC The Metals Company (NASDAQ: TMC) stock is posting another day of big gains in Thursday's trading. The seabed-mining company's share price was up 9.2% as of 3 p.m. ET and had been up as much as 15.6% earlier in the session. TMC's valuation is moving higher today following recent news that the Trump administration is set to impose a 50% tariff on copper imports. The company's stock is now up more than 500% year to date. The Trump administration recently said that it plans to implement a 50% tariff on copper imports on Aug. 1. The move is in line with recent moves from the administration to support the increase of domestic mineral sourcing. Rising geopolitical tensions between the U.S. and China have the Trump administration aiming to bolster domestic mineral product capabilities, and deep-sea mining could play a significant role in the country shifting sourcing away from its chief rival on the global stage. In April, President Trump signed an executive order to accelerate permit grants for companies in the deep-sea-mining space. Soon after the executive order, TMC submitted filings for its first commercial mining permit. While it's not necessarily guaranteed that the company will be given the go ahead to proceed with its mining operations, recent developments suggest that TMC will have its permit applications approved. The political dynamic is likely to continue creating a more lax regulatory backdrop and suggests an increasingly favorable environment to launch and scale operations for TMC. Before you buy stock in TMC The Metals Company, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and TMC The Metals Company wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $694,758!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $998,376!* Now, it's worth noting Stock Advisor's total average return is 1,058% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why TMC The Metals Company Stock Is Surging Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-07-2025
- Business
- Yahoo
Why KULR Technology Stock Is Skyrocketing Today
KULR stock has been highly volatile since the announcement and enactment of its 8-for-1 reverse stock split. The stock is still down big since the announcement of the reverse split, but there have been days when the stock has seen big pops. KULR is becoming much more focused on building an investment position in Bitcoin. 10 stocks we like better than KULR Technology Group › KULR Technology (NYSEMKT: KULR) stock is posting another day of big gains in Monday trading. The company's share price was up 12% as of 3:45 p.m. EDT. KULR stock had been up as much as 15.7% earlier in the session. After some initial volatility related to the announcement of its since-completed reverse stock split (which went into effect June 23), KULR stock has seen some recovery in rebound trading. The company's bet on Bitcoin (CRYPTO: BTC) has seemingly helped support the rally. On June 13, KULR announced that it would be carrying out an 8-for-1 reverse stock split. The announcement corresponded with a big sell-off for its stock, but the move allowed the company to continue trading on the NYSE American Market exchange. KULR is still down big from where it was trading before the reverse stock split news, but shares have also seen days of big upward volatility in subsequent trading as investors battle it on the valuation, and react to Bitcoin pricing fluctuations and trends shaping the broader market. KULR appears to be making investments in Bitcoin central to its long-term strategy. Earlier this month, the company announced that it had joined the Bitcoin for Corporations initiative headed up by Strategy -- a company that has seen big success after pivoting to a Bitcoin-focused business. With its heavy focus on Bitcoin, KULR stock can be expected to make moves in conjunction with shifts in the cryptocurrency's token price. If Bitcoin continues its rally, KULR stock could see significant upside above current levels. On the other hand, KULR's pivot to Bitcoin is still a relatively recent development, and the company comes with other financial and operational baggage that could weigh on its stock performance. Before you buy stock in KULR Technology Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and KULR Technology Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy. Why KULR Technology Stock Is Skyrocketing Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
01-07-2025
- Business
- Globe and Mail
2 Stocks Down 32% and 62% to Buy Right Now and Hold for the Next Decade
The S&P 500 index recently set a new record high. This was driven by indications that the Federal Reserve may be more willing to cut interest rates as well as signs that geopolitical risk factors may be easing. Even with these new highs, there are still attractive stocks trading at beaten-down prices compared to previous valuation highs -- and so they could deliver huge returns for long-term investors. Read on to see why two Motley Fool contributing analysts think these stocks stand out as strong buy-and-hold plays right now. AMD stock: 32% off its high Keith Noonan (Advanced Micro Devices): Spurred by excitement surrounding the company's opportunities in the artificial intelligence (AI) space, Advanced Micro Devices (NASDAQ: AMD) stock hit a record high of over $211 per share in March 2024. While the company still has plenty of untapped potential for wins in the category, the business's performance in graphics processing units (GPUs) for data centers fell short of those peak expectations. Even though AMD recorded significant growth in the data center, expansion was slower than initially anticipated -- and the business continued to lag far behind market-leader Nvidia in the category. As a result, AMD stock is still down roughly 32% from its high, even after a recent rally. On the other hand, things appear to be looking up for the company in the AI race. Earlier this month, AMD launched its Instinct MI350 processors, its new top-of-the-line offering in the data center GPU market. OpenAI, the company behind ChatGPT, is already a buyer of the processors. Signs suggest that Amazon also may be incorporating the MI350 into its data centers. AMD will be launching its Instinct MI400 line next year, and the new processor could help it better compete with Nvidia in the data center space. Conversely, AMD doesn't necessarily need to beat Nvidia when it comes to AI processors in order to deliver wins for long-term shareholders. While AI has grown by incredible leaps and bounds in a relatively short period of time, the technology is still in its infancy. Tech giants, including Microsoft and Meta Platforms, currently account for a large share of overall artificial-intelligence hardware spending and are prioritizing top-of-the-line processors that can give them an edge in AI model training. Right now, this means that Nvidia's processors are dominating the overall market -- but some conditions will likely change with time. As the AI market continues to expand, there will likely be increased demand for processors across a wider range of specs and price points. Compared to ultra-high-end processors used to train AIs, chips used for actually running artificial intelligence applications should also come to account for a larger part of the overall market. Both of these dynamics stand to benefit AMD, and its stock should be able to bounce back and set a new high. Carnival stock: 62% off its high Jennifer Saibil (Carnival): Carnival (NYSE: CCL) was once a dependable, dividend-paying market beater, but it's a rare stock that still hasn't completely recovered from the pandemic. Its business is back and better than ever, but the company has massive debt that's getting in the way of a solid investing thesis for many investors. However, 10 years from now, the extra debt should be completely paid off. Short of another global pandemic, Carnival should be thriving. It's thriving even now, with record revenue and deposits and an excellent booked position. It had a blowout fiscal second quarter (ended May 31), with a 9% increase in revenue year over year, and earnings per share (EPS) crushed expectations, coming in at $0.35, when Wall Street was expecting $0.25. Even so, the stock is still down roughly 62% from its high. All signs point to a healthy, growing business with lots of future potential. Highlights from the second quarter include maintaining its high booking positions and historically high prices, another record high in deposits of $8.5 billion, and record operating income of $934 million. Carnival has plenty of new ships and features on the way to generate demand and keep customers coming. It's launching its new, exclusive destination, Celebration Key, in July, and has two more, RelaxAway and Isla Tropicale, on schedule for release next year. The cruise company has new ships scheduled for delivery in the next few years and is refitting some of its existing ones. It's also launching a new, onboard waterpark and rolling out a new membership program in 2026. The company's debt, however, is still sitting on the balance sheet. As of the end of the second quarter, it still had $27.3 billion in total debt. Carnival has done an efficient job of paying it off so far, including refinancing $7 billion this year at more favorable terms and prepaying another $350 million in higher-interest rate notes in the second quarter. It got several upgrades from credit agencies over the past two quarters and is a notch away from being investment grade with two of them. If Carnival continues paying off its debt at current rates, it should be well within historical norms in just a few years from now. Once it reaches that, the stock will likely rise and go back to its market-beating performance. Should you invest $1,000 in Advanced Micro Devices right now? Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Advanced Micro Devices wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $722,181!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $968,402!* Now, it's worth noting Stock Advisor 's total average return is1,069% — a market-crushing outperformance compared to177%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jennifer Saibil has no position in any of the stocks mentioned. Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends Carnival Corp. and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
