It’s no secret that a few names have reached excessive valuations during the recent growth stocks rally. And so, they are overdue for a correction. Even if you think that AI will generate hundreds of billions in revenue within this decade, these stocks of AI-related businesses are trading far too ahead of the curve. Therefore,
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Leon Neal | Getty Images News | Getty Images The Securities and Exchange Commission wants corporate America to tell investors more about cybersecurity breaches and what’s being done to fight them. Much more.  The SEC is scheduled to vote today on rules that would require public companies to disclose “material” cybesecurity breaches within four days after
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Simplicity Solutions LLC bought a new position in Accuray Incorporated (NASDAQ:ARAY – Free Report) during the first quarter, Holdings Channel.com reports. The institutional investor bought 19,833 shares of the medical equipment provider’s stock, valued at approximately $59,000. A number of other institutional investors have also bought and sold shares of ARAY. Teton Advisors Inc. grew
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While the stock market has performed well this year, the gains have not been spread broadly. Many well-known companies and underperforming blue-chip stocks have trailed the market’s performance and disappointed investors. Poor-performing blue chips reached their current predicaments due to several factors, such as declining sales, weak earnings, sour sentiment, and rising competition. Whatever the
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Ferrari (NYSE:RACE – Get Free Report) is set to announce its earnings results before the market opens on Wednesday, August 2nd. Analysts expect the company to announce earnings of $1.68 per share for the quarter. Ferrari has set its FY23 guidance at 6.00-6.20 EPS and its FY 2023 guidance at $6.44-$6.65 EPS.Persons that wish to
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In this article CDNS NXPI FFIV WHR Follow your favorite stocksCREATE FREE ACCOUNT NXP Semiconductors Source: nxp.com Check out the companies making headlines in extended trading. Cadence Design Systems — Shares fell 4% after the company posted its second-quarter results. Revenue in the company’s product and maintenance category came in at $922.8 million, compared to
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Douglas Emmett (NYSE:DEI – Get Free Report) is scheduled to announce its earnings results after the market closes on Tuesday, August 1st. Analysts expect the company to announce earnings of $0.48 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link. Douglas Emmett
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