After the stock's massive move higher, it's a good time to revisit the investment thesis and the growth stock's valuation to see if there's still room to run.
The future of OpenAI has been thrown into uncertainty as the company reportedly lacks the funds to honor its $300 billion deal with Oracle Corporation (NYSE: ORCL).
By breaking down physical barriers, consumer internet businesses are reshaping how people shop, connect, learn, and play. Luckily for them, the market seems to believe there is a long runway for growth
as the industry has recorded a 29.3% gain over the past six months, beating the S&P 500 by 12.8 percentage points.
Global EV sales surged 15% in August, Uber faced a federal disability discrimination lawsuit, NIO stock dropped on a major equity raise, Hyundai workers detained in Georgia prepared to return to South Korea, and Waymo earned rare praise from Tesla bull Ross Gerber.
Fed-cut optimism kept markets rallying as iPhone 17 underwhelmed, Oracle posted mixed Q1, Microsoft doubled down on AI chips, and macro signals stayed muddled.
Alphabet's Waymo earned unexpected praise from Tesla bull Ross Gerber after a 42-minute Los Angeles ride, underscoring the self-driving unit's momentum as it expands testing, surpasses 10 million paid trips, and intensifies competition with Tesla and Uber in the robotaxi race.
