Three AI Trades That Could Double This Year

08:01am, Friday, 07'th Jul 2023
AI and, specifically, generative AI are the hottest topics this year. While big-name players like NVIDIA NASDAQ: NVDA, Advanced Micro Devices NASDAQ: AMD, and Microsoft NASDAQ: MSFT will grab most of
If revenue growth is what you're looking for, this stock has that in abundance.
Markets fell sharply as investors worried about high interest rates. DigitalOcean made a small acquisition to bolster its AI capabilities.
DigitalOcean wants to offer more tools for AI and is acquiring a competitor to make it happen. This is the company's second major acquisition in under a year, which presents potential problems for sha
DigitalOcean, the cloud hosting business, today announced that it's agreed to acquire Paperspace, a New York-based cloud computing and AI development startup, for $111 million in cash. For now, Papers
These two potential winners are worth less than $5 billion today. SentinelOne leans on AI to deliver a top-notch product in a high-demand industry.
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for startups and small-to-medium-sized businesses (SMBs), announced today that it will report financial results for the s

2 Stocks to Take Advantage of the AI Revolution

07:00am, Saturday, 24'th Jun 2023
Taiwan Semiconductor provides the chips vital for AI computing. Individual developers might try their hand at AI programming, requiring them to turn to DigitalOcean.
June has witnessed its fair share of analyst stock downgrades, leading investors to approach the market cautiously. Investor sentiment can be as unpredictable as the wind, especially in the fast-paced
Investors are interested in growth which is why cloud computing stocks will continue to make sense for the long term. Grand View Research expects the cloud computing market to grow at an annual rate o
DigitalOcean continues to succeed with its small-business customer base. SoFi's growth should accelerate as its student loan refinancing business makes a comeback.

2 Skyrocketing Stocks That Could Keep Rallying

07:20am, Thursday, 15'th Jun 2023
Cloudflare stock has more than recovered from a post-earnings plunge. DigitalOcean stock has rallied this year as growth held up despite a tough economic environment.
Three years of pandemic and macroeconomic disruptions have led to price distortions in the stock market. Many stocks that surged in 2020 and 2021 ended up crashing in 2022, creating opportunities for
For many investors in individual stocks, it's been a frustrating run so far in 2023. That's as just a handful of stocks have surged higher, dragging the S&P 500 and Nasdaq higher.
DigitalOcean's latest results were outstanding, and it is on track to maintain healthy growth over the long run. Its addressable market is expected to grow substantially over the next three years.
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