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Microsoft's Meteoric Rise to $3 Trillion ValuationA Triumph of AI, but FTC Clouds the Horizon" In a historic ascent to a $3 trillion valuation, Microsoft ( NASDAQ:MSFT ) has firmly established itself as a tech giant with a strategic focus on artificial intelligence (AI). However, this unprecedented success is now under the scrutiny of the Federal Trade Commission (FTC), as the regulatory body investigates the potential monopolization of the generative AI market by major players, including Microsoft, Amazon, and Google. Microsoft's remarkable journey to this valuation milestone can be largely attributed to its visionary investments in AI. The company's commitment to advancing AI technologies was solidified in 2019 when it made a substantial $1 billion investment in OpenAI. Fast forward to January 2023, and Microsoft ( NASDAQ:MSFT ) deepened its partnership with OpenAI with a multi-year, multi-billion-dollar investment, elevating its total commitment to a staggering $13 billion and boosting OpenAI's valuation to approximately $29 billion. A pivotal aspect of this collaboration is Microsoft's transformation of Azure into a global AI supercomputer. By becoming OpenAI's sole cloud provider, Azure underpins all aspects of OpenAI's operations, ranging from research and product development to API services. Satya Nadella, Microsoft's Chairman and CEO, highlighted the significance of this partnership, stating that it would provide developers and organizations with access to the best AI infrastructure, models, and toolchain to build and run applications. The synergy between Microsoft's growth and its AI investments is undeniable, yet the company now faces potential obstacles in the form of an FTC probe. Led by FTC Chair Lina Khan, the investigation focuses on the AI investments of major tech players, exploring whether Microsoft ( NASDAQ:MSFT ), Amazon, and Google are monopolizing the generative AI market. This scrutiny aims to determine whether such dominance could stifle competition and innovation within the burgeoning field of AI. The stakes are high for Microsoft ( NASDAQ:MSFT ), as the FTC's inquiry could pose significant challenges to its AI-driven growth trajectory. The company's integration of an AI chatbot into Bing last February, aimed at challenging industry competitors like Google, may come under closer scrutiny in light of the ongoing investigation. As Microsoft ( NASDAQ:MSFT ) basks in the glory of being only the second company ever to achieve a $3 trillion valuation, the FTC probe casts a shadow over its triumph. The outcome of this investigation will not only shape the future of Microsoft but could also set precedents for how Big Tech engages with and invests in the dynamic landscape of artificial intelligence. In the evolving narrative of AI-driven success, the regulatory scrutiny underscores the delicate balance between innovation and the potential risks of monopolization in this transformative industry.
NASDAQ:MSFTLong
by DEXWireNews
4 Accurate Predictions Made by AI for Alphabet (GOOG, GOOGL)In the dynamic world of stock trading, the integration of Artificial Intelligence (AI) has revolutionized market analysis and prediction accuracy. Alphabet Inc. ( NASDAQ:GOOG GOOG, NASDAQ:GOOGL GOOGL), a leading tech giant, has been at the forefront of showcasing how AI can be utilized to predict stock market trends with remarkable precision. This article delves into four specific instances where AI successfully predicted Alphabet's stock movements, providing traders with lucrative opportunities. These cases exemplify the growing influence and reliability of AI in financial markets, offering insights into both bearish and bullish patterns that have resulted in significant gains for informed traders. Prediction #1. Downtrend Detected AI detected bearish Stock Pattern: Broadening Wedge Ascending NASDAQ:GOOG GOOG on October 25, 2023, netting in a 10.61% gain over 2 weeks On October 11, 2023, AI detected a Broadening Wedge Ascending Pattern (Bearish) for Alphabet (GOOG, $141.70). 14 days later, on October 25, 2023, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On October 25, 2023, the stock hit the target price of $128.11 – resulting in a +10.61% gain for traders who shorted the stock on the pattern detection date. Prediction #2. Downtrend Detected AI detected bearish Stock Pattern: Wedge Rising NASDAQ:GOOGL GOOGL on September 13, 2023, netting in a 6.10% gain over 2 weeks On September 11, 2023, AI detected a Wedge Rising Pattern (Bearish) for Alphabet (GOOGL, $136.92). 2 days later, on September 13, 2023, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On September 26, 2023, the stock hit the target price of $127.46 – resulting in a +6.10% gain for traders who shorted the stock on the pattern detection date. Prediction #3. Uptrend Detected AI detected bullish Stock Pattern: Head-and-Shoulders Bottom NASDAQ:GOOG GOOG on August 29, 2023, netting in a 3.89% gain over 5 days On August 24, 2023, AI detected a Head-and-Shoulders Bottom Pattern (Bullish) for Alphabet (GOOG, $130.42). On August 29, 2023, A.I.dvisor confirmed the Bullish pattern, setting a target price of $136.93. On August 29, 2023, GOOG reached the target price resulting in a +3.89% for traders who took a long position in the stock. Prediction #4. Uptrend Detected AI detected bullish Stock Pattern: Head-and-Shoulders Bottom NASDAQ:GOOGL GOOGL on August 29, 2023, netting in a 3.61% gain over 4 days On August 25, 2023, AI detected a Head-and-Shoulders Bottom Pattern (Bullish) for Alphabet ( NASDAQ:GOOGL GOOGL, $129.88). On August 29, 2023, A.I.dvisor confirmed the Bullish pattern, setting a target price of $136.24. On August 29, 2023, GOOGL reached the target price resulting in a +3.61% for traders who took a long position in the stock. These four accurate predictions made by AI for Alphabet's stocks (GOOG, GOOGL) underscore a new era in stock market analysis. The ability of AI to detect complex patterns like the Broadening Wedge Ascending and Head-and-Shoulders Bottom, and accurately predict market movements, is a testament to its growing significance in financial forecasting. These instances not only highlight the potential financial gains for traders leveraging AI insights but also mark a transformative shift in how market analysis and trading decisions are approached. As AI continues to evolve, its role in guiding investment strategies and shaping the future of stock trading becomes increasingly pivotal. Finding Current Patterns with AI If you're interested in staying updated with current trading patterns, particularly for cryptocurrencies like Origin Protocol, Tickeron is a valuable resource. This platform employs advanced artificial intelligence to detect and analyze market trends, offering insights that can guide traders in making informed decisions. Visit Tickeron to explore real-time data and trends in the dynamic world of cryptocurrency trading.
NASDAQ:GOOG
by Serhii_Bond
Filecoin: the most underrated DePIN cryptocurrencyFilecoin: the most underrated DePIN cryptocurrency. DePIN = Decentralized Physical Infrastructure Networks. Filecoin is a storage DePIN. Storage is crucial for not just AI data storage, but for data storage in general, especially as the world is becoming increasingly digitized. Filecoin is the best positioned storage DePIN project for the upcoming bull market. It has liquidity, trust, and a real world-use case. Besides, it's down 98% from its all-time-high. I believe Filecoin will rise beyond everyone's wildest imaginations. I expect Filecoin to reach the $20-$30 target before the end of Q1 2024. After a correction, it will slowly rise to a new all-time-high, probably some time in late 2024 or early 2025.
COINBASE:FILUSDLong
by couldntcomeupwithone
12
UROY Short Sell Trade from High Tight Flag Breakdown SHORTUROY topped out as shown by my other ideas. Profits are redeployed into it in a short trade to play the volatility. Expect 10% in 1-3 days. Text box comments are on the chart. The volatility is increased;the uranium sector is hot ( no pun here) given the climate warming and t the ongoing debates on fossil fuels and government initiatives supporting green energy and trying to wean the oil addiction. ( ZOOM out and to the left for text comments )
NASDAQ:UROYShort
by AwesomeAvani
AKT - The AI Super CloudWe are entering the age of AI. According to MIT, "Interactive massively parallel computations are critical for machine learning and data analysis" (A). The world is becoming more centralized than ever. Companies with the largest amount of resources will be able to afford the largest amount of computation. According to MIT, "the computing power needed to train AI is now rising seven times faster than ever before" (B 2019). That was in 2019. Fast forward to 2024. The demand for computation is skyrocketing. AI is dubbed the final invention mankind needs to create. Such monumental technology will transform the world and create an ultra concentration of power, the likes of which has never been seen before. Who will dominate this power? Corporations. If we thought we already lived in a corporatocracy, we have not seen anything yet. In comes Akash. AKT allows the common man, the common researcher, the common company to access vast computational resources to train the neural networks of AI. AKT represents computational freedom. To quote AKT's website, "You will own your cloud, and be happy". You will own your AI, and be happy. A. Reuther et al., "Interactive Supercomputing on 40,000 Cores for Machine Learning and Data Analysis," 2018 IEEE High Performance extreme Computing Conference (HPEC), Waltham, MA, USA, 2018, pp. 1-6, doi: 10.1109/HPEC.2018.8547629. B. www.technologyreview.com
Long
by theGREEKFREEKisWEB3
SNOWFLAKE breaking long time resistanceThere is a multi year resistance around $205 for NYSE:SNOW Signs I'm looking for: Top of channel to become support, a bounce off there and a move into $220 should confirm that. I want to see the SuperTrend indicator stay green, upwards of the level of where the red downtrend line exists. SuperTrends on higher time frame charts work the best. It's often pretty solid when used on individual stocks rather than an index. Take a look at the supertrend (strategy) and mess around with different time frames. You'll see the cumulative return is very high, often much higher than just buying and holding the equity. Let me know what you think : )
NYSE:SNOWLong
by DontSlamTheDoor
6
PayPal's Strategic AI Move Ignites Investor OptimismPayPal Holdings Inc. ( NASDAQ:PYPL ) has experienced its best three-day run in 14 months, capping off the week with a 5.5% surge in stock value. As the second-best performer in the S&P 500, PayPal's shares are poised for their highest close since August 2, 2023, marking a significant rebound for the payment-technology giant. Key Catalysts: 1. AI Integration for Improved Conversion Rates: CEO Alex Chriss has recently emphasized the pivotal role of artificial intelligence (AI) in PayPal's future growth strategy. Recognizing the need to enhance conversion rates, the company is set to leverage AI to streamline its operations and foster a healthier bottom line. This move positions PayPal at the forefront of innovation in the financial technology sector, reflecting a commitment to staying ahead in an increasingly competitive market. 2. Strategic Business Restructuring: Chriss has announced a strategic shift for PayPal in the upcoming year, signaling a departure from certain business segments. This decision is attributed to the company's realization that it has undertaken an abundance of acquisitions in recent years, prompting a need for focused consolidation. The move is aimed at optimizing the company's portfolio and aligning its resources with areas of maximum growth potential, ensuring a more streamlined and efficient operation. 3. CEO's Five Key Priorities for Profitable Growth: According to Chriss, he has outlined "five key priorities" designed to drive PayPal's profitable growth in the foreseeable future. While specific details weren't disclosed, this strategic roadmap underscores a commitment to enhancing shareholder value and ensuring sustained success. The CEO's transparent communication about the company's priorities reflects a leadership approach that fosters investor confidence. Financial Outlook: Despite recent downgrades, Wall Street maintains a consensus "overweight" rating on PayPal, indicating continued confidence in the company's growth prospects. Projections for the current financial quarter estimate earnings of $1.05 per share, showcasing an improvement from $1.01 per share in the same period last year. This positive outlook suggests that investors are optimistic about PayPal's ability to navigate challenges and capitalize on emerging opportunities in the evolving financial technology landscape. Conclusion: PayPal's recent stock surge, coupled with its strategic initiatives, highlights a compelling narrative of resilience and adaptability in the face of evolving market dynamics. As the company embraces AI, undergoes strategic restructuring, and prioritizes profitable growth, investors are presented with a promising picture of a financial technology giant poised for sustained success. The market's vote of confidence, as reflected in the consensus "overweight" rating, indicates that PayPal's strategic moves are resonating positively with stakeholders, making it a stock worth watching in the coming months.
NASDAQ:PYPLLong
by DEXWireNews
NVDA: Bearish ABCD above the Trading Range Targeting $272.42NVDA has risen above the trading range but has started to print weaker Bearish candlestick patterns on the Daily as it approached the PCZ of a potential Bearish ABCD pattern. At this point in time it seems like NVDA will fall short of $600 then come back down to its last official support level which was at $272.42, if 272.42 doesn't hold then it could go into the one hundreds or even below $100 to around $80 but $272.42 is the main target.
NASDAQ:NVDAShort
by RizeSenpai
8
#NFP/USDT 2h (ByBit) Falling broadening wedge breakoutNFPrompt looks good for bullish continuation after regaining 200MA support, it also has formed a morning star on 4h TF. ⚡️⚡️ #NFP/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (2.0X) Amount: 5.4% Current Price: 0.6873 Entry Targets: 1) 0.6853 Take-Profit Targets: 1) 0.9377 Stop Targets: 1) 0.5588 Published By: @Zblaba NEWCONNECT:NFP BYBIT:NFPUSDT.P #AI #NFT nfprompt.io Risk/Reward= 1:2.0 Expected Profit= +73.7% Possible Loss= -36.9% Estimated Gaintime= 3-6 days
Long
by TradingOn
🚀 Potential Bullish Move Ahead: AI/USDT Following XAI Coin? 📈 Get ready for an exciting ride! 🎢 AI/USDT appears to be on the verge of a significant upswing, following the footsteps of XAI coin. 📈🔥 The charts of XAI/USDT and AI/USDT share a striking resemblance, indicating a potential bullish trend of 50-100% in the coming days. 📊📈 Brace yourself for a massive surge! 💥🚀 Note: Remember, decisions regarding investments should always be made after thorough research and consultation with financial experts. This is merely an observation and not a recommendation. 📝💼 Stay tuned and keep a close eye on AI/USDT as exciting times may be just around the corner! 🔍🚀
Long
by Crypto-By-Ghazi
1
Microsoft's Collaborative Leap: Transforming Retail with AI In a groundbreaking move that promises to revolutionize the retail landscape, SymphonyAI, a prominent player in predictive and generative enterprise AI SaaS, has joined forces with tech giant Microsoft ( NASDAQ:MSFT ). The collaboration, unveiled at NRF 2024: Retail’s Big Show in New York City, marks a strategic alliance aimed at leveraging the power of artificial intelligence (AI) to propel retail into a new era of connectivity and efficiency. SymphonyAI's retail applications, designed in tandem with Microsoft Azure OpenAI Service, bring forth a suite of cutting-edge AI software solutions tailored for retailers and Consumer Packaged Goods (CPG) companies globally. These applications are poised to deliver rapid, in-depth insights, providing a foundation for a truly connected end-to-end retail experience. The cornerstone of this collaboration is SymphonyAI's Category Manager Copilot and Demand Planner Copilot, both harnessing the capabilities of retail-specific Language Model (LLM) on Azure OpenAI Service. The Category Manager Copilot, a testament to SymphonyAI's extensive retail domain expertise, offers unprecedented insights into customer merchandising and sales data. By understanding user intent, this Copilot rapidly identifies performance-affecting factors in a product category and provides actionable recommendations. The inclusion of both text and graphics ensures a seamless communication of insights, enabling category managers to make better decisions faster and bring category strategies to life. On the other front, the Demand Planner Copilot addresses the critical task of forecasting optimized inventory quantities. Powered by highly accurate AI-based forecasts, this tool allows demand planners to act decisively on up-to-date information, striking a balance between satisfying customer demands and minimizing waste. In a fast-paced retail environment where time is of the essence, the Demand Planner Copilot emerges as a game-changer, enhancing the agility of decision-making. From a technical perspective, Microsoft's stock is riding a rising trend channel indicating sustained investor confidence. As SymphonyAI and Microsoft ( NASDAQ:MSFT ) embark on this journey to reshape the retail landscape, the fusion of predictive and generative AI promises not just enhanced operational efficiency but a paradigm shift in shopper engagement. The collaborative effort holds the potential to set a new standard for retail excellence, ushering in an era where decisions are made faster, inventory is optimized with precision, and customer satisfaction reaches new heights.
NASDAQ:MSFTLong
by DEXWireNews
🚀 AI/USDT Attempting Breakout 🚀 👀 Keep your eyes on AI/USDT, as it looks poised for a potential breakout! If successful, AI could soar like a rocket 🚀🌟, similar to the likes of XAI, TIA, and other exciting investments. 📢 Remember, this is not financial advice, but staying tuned to this potential breakout could be an intriguing opportunity! Stay vigilant and ready to seize the moment. 🔍 Disclaimer: I am an AI language model and cannot provide financial advice. Always consult with a professional financial advisor before making any investment decisions. 💼💡
Long
by Crypto-By-Ghazi
1
The best assets in the artificial intelligence sector and BDHow AI works and what does cryptocurrency have to do with it? Artificial Intelligence (AI) operates by using computer algorithms and techniques that enable machines to perform tasks that would normally require human intelligence. These include pattern recognition, natural language processing, data-driven decision making, and much more. Modern AI technologies use methods of machine learning, deep learning and neural networks. Cryptocurrencies, in turn, use blockchain technologies, which allow the creation of decentralized systems for storing data and conducting transactions. Also, AI-powered cryptocurrencies use AI to improve the efficiency and security of the network. AI methods are used to analyze transaction and blockchain data to identify possible security threats and prevent them. AI can also be used to automatically manage a cryptocurrency portfolio, identifying the most profitable investment strategies and providing recommendations to crypto investors. For example, the cryptocurrency Numeraire (NMR) uses AI to create and manage investment strategies based on data analysis. And the same SingularityNET (AGIX) was created as a platform for developing and launching AI applications that can be used in various areas, including financial services. Thus, crypto projects are already using AI to improve the efficiency and security of the network, as well as to manage a portfolio of cryptocurrencies and develop new AI applications. - In our professional opinion of the WTF team, the PYTH/OCEAN/AGIX/FET/GRT/NMR projects will be the most promising for the growth of this sector in the cryptocurrency market. P.S (This is not an investment recommendation or idea but a personal opinion.)
by DpS_WTF
8
DataDog quick look Datadog is a stock I've been monitoring for quite some time. DDOG broke the resistance from it's last high at just over $100. Before that in August 2023 there was a big gap down, the gap started at $105 and it's on it's way to closing it. I think a break of that gap, above $105, is a good entry point if you're looking to hold this stock for the long term. I think it's one of those companies where $1,000 investment will be worth $30k in 10 years. Who knows?? Maybe $117 - $121 will see some resistance, however, the hype associated with AI is attracting investors because this company would stand to benefit from those future revenues. DDOG has had nice bull runs in the past > 100%. Maybe we're at the beginning of the next big leg up.
NASDAQ:DDOGLong
by DontSlamTheDoor
3
Microsoft's Triumph Over Apple: The AI Revolution Microsoft (NASDAQ: NASDAQ:MSFT ) has dethroned Apple to become the world's most valuable public company, marking a pivotal moment in the tech industry's landscape. This changing of the guard is not merely a financial fluctuation but a manifestation of the profound impact generative artificial intelligence (AI) is having on Silicon Valley and Wall Street investors. The Rise of Microsoft: For over a decade, Apple held sway as the undisputed king of the stock market, outshining giants like Exxon Mobil. However, a seismic shift occurred when Microsoft's market value surged by over $1 trillion in the past year, securing its place at the pinnacle with a valuation of $2.89 trillion, edging out Apple's $2.87 trillion. Generative AI as the Catalyst: This shift is not incidental but a consequence of the advent of generative AI, a technology capable of answering questions, creating images, and even writing code. Microsoft's strategic pivot under CEO Satya Nadella has been instrumental in leveraging generative AI to redefine its business landscape. Microsoft's Evolution under Nadella: When Satya Nadella took the helm in 2014, Microsoft ( NASDAQ:MSFT ) was at a crossroads. Nadella's visionary leadership refocused the company on cloud computing, challenging industry pioneer Amazon. His subsequent bold bet on generative AI, marked by investments in OpenAI and the development of GPT-4 technology, set Microsoft on an accelerated trajectory. Integration of Generative AI: Under Nadella's direction, Microsoft introduced generative AI into various facets of its business. From incorporating chatbots into Bing to infusing AI into the Windows operating system, Excel, and Outlook, Microsoft ( NASDAQ:MSFT ) strategically positioned itself at the forefront of the AI revolution. The recent release of a $30-a-month AI offering within Microsoft's productivity software further underscores its commitment to integrating AI into its products. Financial Impact: Although the revenue from generative AI is just beginning to materialize in Microsoft's financial results, it accounted for about three percentage points of growth to Azure in the last quarter. This trend positions Microsoft as a frontrunner in harnessing the economic potential of AI, contributing to the company's market value surge. Apple's Struggles and Microsoft's Advantage: While Microsoft ( NASDAQ:MSFT ) has been proactive in embracing generative AI, Apple seems to be lagging behind in the AI race. Apple's reliance on iPhone sales and incremental innovations has faced challenges, with Tim Cook's strategy showing signs of fatigue. Microsoft's strategic foresight into AI technology places it in a favorable position to navigate the future of the tech industry. Looking Ahead: The recent shift in market dynamics prompts a crucial question: who has the better strategy to propel their market value to the next level of $3.5 trillion? Microsoft's relentless pursuit of generative AI positions it as a strong contender, while Apple grapples with finding the next big innovation beyond the iPhone. Conclusion: As Microsoft ( NASDAQ:MSFT ) surpasses Apple in market value, it marks a symbolic victory for generative AI. The tech industry's reordering underscores the significance of embracing AI technology for sustained growth. Microsoft's ascent serves as a testament to the transformative power of strategic investments in generative AI, positioning the company at the forefront of the ever-evolving tech landscape.
NASDAQ:MSFTLong
by DEXWireNews
Polygon Labs Partners with Fox for Verify InitiativePolygon Labs partners with Fox to launch Verify, a tool for authenticating media content origin amid AI challenges. Polygon Labs, in collaboration with Fox, announced the launch of a groundbreaking technology platform, Verify, on January 9. This innovative tool is designed to authenticate the origin of media content, a significant step forward in an era increasingly dominated by AI-generated material. Verify aims to enable users to confidently determine the true source of articles and images, ensuring that content attributed to a particular publisher indeed originates from them. Polygons Verify Tackles Media Citation Issues The rapid proliferation of AI-generated text and images has presented a significant challenge to the integrity of online content. Verify emerges as a solution to this growing concern, allowing users to distinguish between authentic and AI-generated content. This technology does not evaluate the truthfulness of the content but focuses on verifying its origin. The platform’s introduction directly responds to the challenges faced by media organizations and others dealing with citation or copyright issues in the AI era. Polygon’s initiative with Fox is particularly timely, considering the legal challenges various media entities face. Fox News, part of Fox Corporation, is currently embroiled in a lawsuit with Smartmatic regarding false narratives circulated about the 2020 US Presidential Election. Similarly, Dominion Voting Systems settled a lawsuit with Fox for $787 million. These cases highlight the complexities and legal entanglements of disseminating unverified or false content. Legal Landscape and Industry Response The legal landscape surrounding AI-generated content has become increasingly complex. The New York Times filed a lawsuit against OpenAI and Microsoft in December, accusing them of using its content without authorization to train AI chatbots. This groundbreaking case reflects the broader challenges media organizations face in adapting to the surge of AI-generated content. In 2023, using AI tools in content creation led to significant industry upheaval, with the Writers Guild of America and the Screen Actors Guild – American Federation of Television and Radio Artists going on strike. The strike highlighted the growing concerns over the use of AI in the media and entertainment industries, underscoring the need for tools like Verify to establish clear boundaries and origins of content.
NASDAQ:FOXLong
by DEXWireNews
New: Sleepless AIWhere AI meets affections Sleepless AI emerges as a groundbreaking Web3+AI gaming platform, ingeniously blending artificial intelligence and blockchain technology. At its core, Sleepless AI aims to revolutionize the gaming industry with its unique approach and the extensive expertise of its team. ...................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
#NVDA ready for another push higher? Techs look sexyNvda.. couple of reasons why this is a big level and high probability to be long (1) Divergence on RSI (2) Test volume VPOC shelf and held (3) Demark 9 exhaustion signal on daily (4) Gliding off the 50dma (5) Held 50% fib from most recent swing low and high (6) Back above the Main Pivot Putting this all together suggests there is a high probability setup here with a stop below the recent lows at 450. Initial targets 480, 500, then if we break out the channel , much higher..
NASDAQ:NVDALong
by MarcoOlevano
1
AI's Insight from News Cross-Checked with Pattern Recognition 👁Dear Investors, I believe that PLTR might fall to $13.2 in the coming months. Here, I made a short idea from the insights of the different AI algorithms I use for speculative analytics. News Analytics - Natural Language Processing 1 Palantir's revenue growth has slowed in recent quarters. The company's revenue grew by 31% year-over-year in the first quarter of 2023, but this was down from 54% growth in the fourth quarter of 2022. This slowdown in revenue growth could be a sign that Palantir is facing challenges in the market. 2 Palantir's gross margin has been declining. The company's gross margin was 74% in the first quarter of 2023, down from 77% in the fourth quarter of 2022. This decline in gross margin could be a sign that Palantir is having to invest more in sales and marketing to drive revenue growth. 3 Palantir has been losing market share. The company's market share in the data analytics market is estimated to be around 1%, according to Gartner. This is a very small market share, and it has been shrinking in recent years. This could be a sign that Palantir is not as competitive as its rivals. 4 Palantir's stock price has been volatile in recent months. The stock price has fallen by more than 50% from its all-time high in August 2021. This volatility could be a sign that investors are uncertain about Palantir's future. Cross-Checking Logic Of course, there are also some positive news about Palantir that could suggest that the stock price will not fall to $13.2. For example, the company has a strong pipeline of new business opportunities. Palantir is also investing heavily in research and development, which could lead to new products and services that could boost the company's growth. Chart Pattern Recognition - Deep Neural Networks Between the two red trendlines, my neural networks believe to be a bearish channel. Your human eyes can see how Palantir rejected the upper trendline on 11 October and 21 November. I marked these price points with red ellipses. The channel had some bullish aspects when the bottom trendline acted as a support on 02 November and possibly today. Look at the left green arrow. Palantir's last rally related to this point. Today, the stock is near the same trendline again, and there's a chance that it can reignite a similar rally. The white arrow shows this possible scenario. I, however, feel skeptical that history would repeat itself. Ensembling Technical Indicators I asked different AIs to weigh technical indicators to represent their opinions. I ensembled the results of these AI opinions and selected MACD, RSI, and volume to simulate AI's insights in a way you can reproduce on your chart without AI. From declining volume bars I suspect the continuation of the bearish trend. The price action has been bearish over the last week, and I can't see the volume to reverse it. I can see extreme sell volumes every now and then, but they seemed to escalate the bearish trend. I don't see where the orders are that could absorb the end of the bearish trend. RSI tried to make a bullish cross below the volume indicator, but it happened to be a failed cross. RSI reversed as it crossed the SMA, which suggests a lack of bullish momentum. The potential bullish signal turned out to be an indication of how weak bulls are. At the same time, MACD has been going on the bearish side with a strong momentum, and periodically pulsing bearish momentum without signs of weakening. Overall, these indicators simulate what my AI bots believe about the market. Their ensembled opinion seems to be a bearish continuation. Chart Explanation I already explained the red bearish channel, the channel contacts, the indicators, and a potential bullish scenario, but I think bears enjoy a better risk-reward ratio. Theoretically, channel breakdown could pull the price into the support level of 13.2. I've got a green line at this level. Thus, the target price of a short could be within the green box around this level where the bearish trajectory's red arrow shows. The stock might reverse or not at this level. I'll have to reassess if I see the playout of my bearish expectation. Conclusion Ultimately, the direction of Palantir's stock price will depend on a variety of factors, including the company's financial performance, the overall market conditions, and investor sentiment. It is always important to do your own research and consult with a financial advisor before making any trading decisions. Kind regards, Ely
NYSE:PLTRShort
by Elysian_Mind
9