The cloud business is growing rapidly, and it is expected to continue to grow in the coming years. The global cloud computing market size was valued at $524 billion in 2022 and is projected to reach $1614 billion by 2030, exhibiting a annual Growth Rate each year around 20.0% during the forecast period (2023-2030). The…
We’re diving into the world of AI, Artificial intelligence is becoming increasingly important in our world. It is already being used in a variety of ways, and its potential applications are vast. Here are some of the ways that AI is important: Overall, AI is a powerful technology with the potential to improve our lives…
Incyte’s (INCY) stock financial performance and technical graph are both interesting at the moment. Incyte (INCY) is a pharmaceutical company that develops and commercializes proprietary small molecule drugs, primarily used in oncology. The company’s portfolio includes JAK inhibitors, which are used to treat a variety of blood cancers, as well as other drugs for the…
Alibaba Group, founded by the charismatic entrepreneur Jack Ma, has been a force to reckon with in e-commerce, cloud computing, digital media, and more. But recent regulatory changes in China have brought new challenges Alibaba is a Chinese multinational technology company that specializes in e-commerce, retail, cloud computing, and artificial intelligence. The company was founded…
EV stocks are more volatile than some other types of stocks, so if you have a low risk tolerance, then you may want to avoid them. If you are looking for a long-term investment, then EV stocks could be a good option. However, if you are looking for a short-term investment, then you may want…
On July 26, 2023, Volkswagen announced that it would invest $700 million in XPeng. The investment will give Volkswagen a 4.99% stake in XPeng and will allow the two companies to collaborate on the development of electric vehicles. The news of the Volkswagen investment sent XPeng’s stock soaring. The stock price rose as much as…
Tesla is a leading electric vehicle (EV) manufacturer and clean energy company. There are a number of factors that have contributed to Tesla’s success. First, the company has a strong product portfolio. Tesla’s Model S and Model X are two of the most popular luxury EVs on the market, and the company’s Model 3 is…
COIN is the ticker symbol for Coinbase Global, Inc., a cryptocurrency exchange company headquartered in San Francisco, California. Coinbase was founded in 2012 by Brian Armstrong and Fred Ehrsam. The company went public in 2021 and is currently traded on the Nasdaq stock exchange under the ticker symbol “COIN.” Coinbase offers a variety of services…
Twilio (TWLO) is a cloud communications platform company that provides a set of APIs that enable developers to embed voice, messaging, and video interactions into their customer-facing applications. The company is a leader in the cloud communications platform market, and it is well-positioned to continue to grow in the future. why TWLO is interesting to…
ARK Invest is an investment management firm that was founded in 2014 by Cathie Wood. ARK Invest focuses on investing in disruptive innovation, which the firm defines as “the profound economic and social changes brought about by new technologies.” In July 2023, ARK Invest is acquiring stocks based on a series of criteria outlined on…