Are there more gains ahead?

Join TradeAlgo's Free Live Trading Session ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ [EARN WHILE YOU LEARN! JOIN OUR FREE LIVE TRADING SESSION!]( Hello investor, Are there more gains ahead? The ultimate question on Wall Street is whether there are more gains to be made. The stock market has been on a phenomenal run, but some investors doubt that the rally could continue. Especially after the last two inflation readings pointed to a potential of a sticky inflation. Meaning? The Federal Reserve could delay rate cuts until inflation begins to come down again. - “When the rally is that fast, it’s always hard to maintain the speed of those gains. Moreover, there are signs that inflation is still proving persistent, with investors moving to price out the chance of rate cuts in response,” wrote macro strategist Henry Allen. Macro strategist Henry Allen (Photo: LinkedIn) However, the market has largely brushed off these reports. Fed officials already insisted that inflation is expected to flare up once in a while, and they will not overreact to those moments. So, the market is unlikely to respond to the recent acceleration in inflation until the next few inflation readings. Apple’s partnership with Google: Apple and Google are the main competitors in the mobile operating system (Android and iOS), but they are in talks to strike a deal of adding Google’s generative AI Gemini to Apple’s future iPhone models. It may be the quickest way for Apple to add generative AI products since the company might be behind in the technology versus Gemini and ChatGPT. Adding generative AI tools will be key for Apple since it could boost iPhone upgrades where customers want newer models to enjoy these new generative AI features. - “A partnership that can incorporate GenAl features faster into iPhones (software features in 2024) and incremental hardware features in 2025 would be a positive for both Apple and for the potential partner if Apple ends up with an agreement,” Bank of America analyst Wamsl Mohan said in a note Monday. Want To Get In The Cloud Computing Boom? Buy This Stock Today’s Stock Pick: DigitalOcean Holdings Inc ([DOCN]( Cloud computing has been a game-changer for any type of business. It is so easy to forget what it was like without the cloud. In the past, you must save everything on a hard drive. There is a limit to the amount of memory it can hold. Plus, you must physically carry it around with you. If a business holds massive data, then we’re talking about an entire room of data center. Now? Everything is on the cloud. It makes things far cheaper for businesses to develop exciting products that don’t demand investments in a physical data center. Now, Amazon and Microsoft dominate the industry of cloud computing. Their technologies are remarkable, such as tools for machine learning and platform services, but it is often an overkill for small businesses. It basically requires a full-time IT team to maintain these things. That brings an opportunity for DigitalOcean to serve simplified cloud computing for small businesses. It doesn’t require specialized training to get it running. Just a few clicks. Plus, it is armed with round-the-clock support to all customers. Believe it or not, SMBs will spend more than $114 billion on cloud infrastructure and platform services, according to the International Data Corporation. This number is expected to grow at 23% annually to reach $213 billion by 2027! In other words, the market opportunity could almost double in just three years: (Source: DigitalOcean) Let’s talk money. Its revenue grew by 11% in the recent quarter. Seems like solid, don’t you agree? It was a slight slowdown from what it saw during the pandemic boom. Management said the slowdown in revenue growth is simply due to the industry headwinds, rather than its business problems. Its momentum is nearly unstoppable. The company said more than 144k customers spent over $50 per month – a growth of 45% from the prior year. This demonstrates that DigitalOcean can be indispensable to its customers and capable of growing with a single customer over the time. Plus, the company showed incredible consistency in ARR growth since 2015. A good time to buy: DigitalOcean set a guidance of reaching $755 to $775 million in revenue and 19% to 21% free-cash-flow margin for FY2024. This would imply about 23% annual revenue growth. However, the stock plunged by 68% from its all-time high. Yes, it is more expensive to own cloud-computing stocks than a blue-chip stock. You get what you pay, though. Cloud-computing companies grow at a breathtaking pace while maintaining superior margins. [EARN WHILE YOU LEARN! JOIN OUR FREE LIVE TRADING SESSION!](       © All Rights Reserved, Trade Alliance [Unsubscribe]( | [Manage Preferences](