Valuation

After witnessing a meteoric rise last year, SMCI stock continued its outperformance in 2024, surging 168% as the unprecedented frenzy around generative AI continues and taking its market cap to a whopping $44.6 billion. This week, KeyBanc…

Artificial intelligence will no doubt change much about our world in the long run. But for now, we may be living through an AI bubble. Those seeking evidence of this might cite news of Cognition Labs seeking a $2 billion valuation, as…

Justin Sullivan/Getty Images News Wells Fargo cut Tesla (NASDAQ:TSLA) to its lowest rating Wednesday, citing the potential for more price cuts that could hit the bottom line. Analyst Colin Langan downgraded TSLA to a Sell-equivalent…

champc Super Micro Computer (NASDAQ:SMCI) Monday was downgraded to Hold from Buy by Aletheia Capital, which further tweaked its price target to $650. "We remain optimistic about the long-term AI opportunities. However, given the recent…

Shiba Inu’s (SHIB) market cap is rapidly approaching Dogecoin’s (DOGE), with the former currently sitting around $20.5 billion, just 17% below Dogecoin’s market capitalization of $24.1 billion. Traders optimistic about Shiba Inu potential…

Reddit is eyeing a valuation of as much as $6.5 billion in its initial public offering, according to people familiar with the matter. The social media company plans to target a price range of $31 to $34 per share in the first-time share…

Makiko Tanigawa/DigitalVision via Getty Images Waste Connections (NYSE:WCN) late Wednesday was downgraded to Neutral from a previous investment rating of Buy among analysts at financial-services firm UBS. They said the 28% increase in…

The AI revolution has already minted dozens of unicorns—startups valued at $1 billion before going public. Now it could create a whole new type of startup: the one-person unicorn.   The idea even got a stamp of approval from OpenAI CEO…

Israeli income-producing real estate company AzrieliGroup (TASE: AZRG) is examining options for its data centers arm Green Mountain, including a possible IPO, "Bloomberg" reports according to people familiar with the…

© Reuters. Citi cuts Rocket Companies as valuation too stretched, lifts Sallie Mae on higher expected balance sheet growth Citi analysts downgraded Rocket Companies (RKT) to Sell from Neutral and upgraded Sallie Mae (SLM (NASDAQ:))…