The bear case for Appen (ASX:APX)
Artificial intelligence is the future. But that doesn’t mean Appen will be a winner. Here are three reasons why I’m an Appen bear.
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Formerly Facebook, Meta Platforms (NASDAQ: META) is ‘The Social Network’, with more than 3 billion active users across its three platforms of Facebook.com, WhatsApp and Instagram. It generates most of its revenue from targeted advertising on its platforms. It also owns virtual reality headset company Oculus.
Artificial intelligence is the future. But that doesn’t mean Appen will be a winner. Here are three reasons why I’m an Appen bear.
All three US stock markets gained on Monday as Advanced Micro Devices (NASDAQ:AMD) and Facebook (NASDAQ:FB) were in the news.
US stock markets continued their record run overnight as NVIDIA (NASDAQ:NVDA) and Moderna (NASDAQ:MRNA) shares made headlines.
On the Australian Investors Podcast this week, analysts Owen Rask & 7Investing’s Dr Anirban Mahanti look at Apple Inc’s (NASDAQ: AAPL) 4th quarter report, the Vulcan Energy (ASX:VUL) short report, Dubber Corp (ASX:DUB) & A2 Milk Company Ltd (ASX:A2M).
US stock markets all approach all-time highs again on Thursday as Facebook (NASDAQ:FB) goes Meta and Apple (NASDAQ:AAPL) reports.
It’s a Sunday evening, a glass of red in hand, and I was watching Oaktree’s Howard Marks opine on markets,
US stock markets continued their strong recent run overnight as General Electric (NSYE:GE) and Facebook (NASDAQ:FB) shares are in the news.
US stock markets were mixed on Monday with the Nasdaq outperforming strongly tech shares such as Facebook (NASDAQ: FB) climbed more than 3%.
US stock markets saw another day of dip-buying with the technology sector leading the way once again, the Nasdaq adding 1.7%.