Latest news with #Snipe
Yahoo
22-05-2025
- Business
- Yahoo
Veteran Investor Remains Bullish on NFLX Stock
Netflix, Inc. (NASDAQ:NFLX) has been "hitting on all cylinders," and the company has benefited from letting consumers save money on its service, Jason Snipe, who owns NFLX, said on CNBC yesterday. A frequent guest on CNBC, Snipe is the Founder and Chief Investment Officer of Odyssey Capital. Netflix, Inc. (NASDAQ:NFLX) reported " really good" Q1 results as its earnings per share jumped 25% versus the same period a year earlier, while its revenue advanced 12% YOY, Snipe reported. And Netflix, Inc. (NASDAQ:NFLX) has enabled consumers to save almost $20 per month on the streaming service by trading down to its ad tier, the investor noted. This has been a "huge winner" for the company, he said. "I continue to like this name going forward," the investor concluded. In the last month, the shares have climbed 14%, while they are also up 14% in the last three months. While we acknowledge the potential of NFLX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NFLX and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
16-05-2025
- Business
- Yahoo
NVIDIA Corporation (NVDA) Remains in a Very Favorable Position in the AI Market, Longtime Investor Says
NVIDIA Corporation (NVDA) is still in the "pole position" in the AI market, veteran investor Jason Snipe said yesterday on CNBC. Moreover, the firm's recent deal with the Saudis should boost the stock, Snipe believes. Snipe is the Principal of Odyssey Capital Advisors. Still a Top Name in AI During NVIDIA Corporation (NVDA)'s last earnings call, the company noted that it expected to benefit from "about $1 trillion of (capital spending) over the next few years on AI factories," the investor noted. As a result, Snipe believes that the company continues to be poised to benefit tremendously from the AI Revolution. "A Boost" From the Saudis Saudi Arabia's sovereign wealth fund recently agreed to utilize hundreds of thousands of NVDA's AI chips in the data centers that it's building. NVIDIA Corporation (NVDA) has gotten "a boost" from the news, said Snipe, adding that the deal "is going to be powerful" for the tech giant. Wapner Provides Background Information NVDA stock has climbed "above its 200 day moving average for the first time since February (and) its market cap is back above $3 trillion, "noted CNBC anchor Scott Wapner during the same segment in which Snipe spoke. "It's really been a remarkable comeback," Wapner said. While we acknowledge the potential of NVDA, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey 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
Irish Independent
24-04-2025
- Sport
- Irish Independent
Dan Skelton still fighting in British Trainers' Championship battle with Willie Mullins
The Alcester handler began the day £24,562 clear of the reigning champion, who saddled just one runner at Perth compared to Skelton's 13 across three fixtures on the day. Mullins was first in to bat, but his Magic McColgan was beaten into third place as the 8-11 favourite for the opening race in Scotland and picked up just £1,003, meaning Skelton was still £23,559 in front before kicking into action. His first runner Halondo failed to figure at Warwick, but Gwennie May Jem and Doyen Quest earned over £13,000 between them with victories at the trainer's local track, before Heltenham picked up £13,008 with a bold front-running success in Perth's Phil Nelson River Tay Handicap Chase. Snipe, Hidden History, God's Own Getaway, Ice In The Veins and Rock House all earned prize-money in defeat to add to the Skelton coffers before sending out four runners at Bangor's evening fixture. With Mullins not represented in Britain on Friday, Skelton has the opportunity to go further ahead with two declared runners at Perth and two at Chepstow. But with 21 horses scheduled to be in action compared to Skelton's nine on the final day of the season at Sandown Saturday, Mullins is a 1-7 favourite with Paddy Power to overturn the deficit and successfully defend his trainers' championship, with Skelton a 4-1 shot to lift the title for the first time. Speaking at Warwick, Skelton told Racing TV: "We've tried our best to extend the lead as best we can and he (Mullins) has always just kept us in check by running a few horses in the bigger races. "I think there's an air of inevitability about it unfortunately on Saturday, but I've enjoyed the last three weeks immensely and if we get beat we get beat. "I've learnt a lot about myself, my staff and my owners - they've been absolutely phenomenal. "I knew what was coming (from Mullins on Saturday), I'm not surprised what's there and he's going to be hard to resist. I'll go down there with a smile on my face and we won't give up."
RTÉ News
24-04-2025
- Sport
- RTÉ News
Dan Skelton extends lead over Willie Mullins ahead of finale
Dan Skelton made the most of a quiet Thursday afternoon for Willie Mullins by extending his title race lead to £57,477 with an across-the-card treble at Perth and Warwick. The Alcester handler began the day £24,562 clear of the reigning champion, who saddled just one runner at Perth compared to Skelton's 13 across three fixtures on the day. Mullins was first in to bat, but his Magic McColgan was beaten into third place as the 8-11 favourite for the opening race in Scotland and picked up just £1,003, meaning Skelton was still £23,559 in front before kicking into action. His first runner Halondo failed to figure at Warwick, but Gwennie May Jem and Doyen Quest earned over £13,000 between them with victories at the trainer's local track, before Heltenham picked up £13,008 with a bold front-running success in Perth's Phil Nelson River Tay Handicap Chase. Snipe, Hidden History, God's Own Getaway, Ice In The Veins and Rock House all earned prize-money in defeat to add to the Skelton coffers before sending out four runners at Bangor's evening fixture. With Mullins not represented in Britain on Friday, Skelton has the opportunity to go further ahead with two declared runners at Perth and two at Chepstow. But with 21 horses scheduled to be in action compared to Skelton's nine on the final day of the season at Sandown Saturday, Mullins is a 1-7 favourite with bookmakers to overturn the deficit and successfully defend his trainers' championship, with Skelton a 4-1 shot to lift the title for the first time. Speaking at Warwick, Skelton told Racing TV: "We've tried our best to extend the lead as best we can and he (Mullins) has always just kept us in check by running a few horses in the bigger races. "I think there's an air of inevitability about it unfortunately on Saturday, but I've enjoyed the last three weeks immensely and if we get beat we get beat. "I've learnt a lot about myself, my staff and my owners – they've been absolutely phenomenal. "I knew what was coming (from Mullins on Saturday), I'm not surprised what's there and he's going to be hard to resist. I'll go down there with a smile on my face and we won't give up."
