Just this morning, analysts at Mizuho reiterated an outperform rating on Advanced Micro Devices ( NASDAQ: AMD) with a price target of $275 from $205. All after AMD announced a long-term deal to become a key supplier to OpenAI's AI infrastructure program. AMD added that the new partnership will allow it to generate billions of dollars in annual revenue. It will also allow it to generate over $100 billion in total revenue from chips over the next few years.
2025 is three-fourths over. While that may be odd to say, the reality is that a new investing year is almost upon us. However, there are still plenty of stocks that are worth buying now, especially to capture an end-of-year rally that may occur as institutional investors reposition their portfolios to capture gains where they think the market will be heading in 2026.
This year, one of the better performers among the Magnificent 7 has been Meta Platforms Inc. ( NASDAQ: META). Its shares have outperformed the broader market and are currently up 22.9% in the past six months, and last month they hit an all-time high of $796.25. For comparison, other Magnificent 7 members have fared worse. Look no further than Apple Inc. ( NASDAQ: AAPL) and Tesla Inc. ( NASDAQ: TSLA), which are up 0.8% and 9.6%, respectively, since the beginning of the year.
We received nearly 100 submissions from a variety of users both in the U.S. and abroad, including personal accounts, influencers, healthcare clinics, research organizations, and advocacy groups,
The S&P 500 has risen about 10% this year and is hovering near its all-time highs. That rally was largely driven by the tech sector's robust growth rates, big buybacks, earnings beats across the market, easing trade tensions, and hopes for deeper interest rate cuts. But with a price-to-earnings ratio of 30, the S&P 500 also looks historically expensive. However, some of the S&P 500's top stocks are outperforming the benchmark index by a wide margin but still trading at reasonable valuations.
Meta Platforms CEO Mark Zuckerberg ( pictured) reportedly met with US President Donald Trump to discuss the threat of digital market taxes against US companies, ahead of the latter's threat to impose tariffs on nations which do not remove such legislation. Bloomberg reported yesterday (28 August) Zuckerberg met with Trump last week to talk about the threat of countries attacking US players by instituting digital rules and taxes against them.
Meta Platforms leads the nascent smart glasses market, which tripled in size last year and is forecast to grow faster than 60% annually through 2029.
Meta Platforms Inc. reported Q2 earnings with an EPS of $7.14, exceeding expectations of $5.92, and revenue of $47.52 billion, surpassing the forecast of $44.80 billion.
Europe is heading down the wrong path on AI. This code introduces a number of legal uncertainties for model developers, as well as measures which go far beyond the scope of the AI Act.