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Some meme stocks are taking over Wall Street, and I believe that investors could see some strong returns from investing in them. These stocks have been driven to insane valuations by coordinated buying from individual investors on social media platforms like Reddit's r/WallStreetBets forum.
Blackberry (BB) expands its collaboration with TTTech Auto to address the growing challenges faced by automakers in advancement of software defined vehicles.
There are some high-stakes stocks to buy for this year. I created this list of stocks for those with the highest risk tolerances As such, investing in this universe of stocks involves a large amount of speculation, as well as contending with risks of recovery and uncertainty.
In a previous column, which I wrote on Feb. 25 and was published on Feb. 27, I hypothesized that small-cap and mid-cap stocks would rally as they managed to obtain funding despite high interest rates, as the Street generally becomes more upbeat about equities, and as bears gave up shorting small-cap and mid-cap names. On Feb 27, the Russell 2000, dominated by small-cap stocks, climbed 1.34% to within a percentage point of its highest level since October 2021, suggesting that my thesis could have some validity.
As I pointed out in a previous column, the Street has become significantly less fearful of small-cap stocks and medium-cap stocks than in 2022 and the first 10 months of 2023. Still, those equities continue to meaningfully outperform their large-cap peers.
BlackBerry Limited (BB) Wolfe Research Global Auto and Auto Tech Conference (Transcript)
BlackBerry (NYSE: BB ) is the latest tech company to announce job cuts. Yesterday, the smartphone pioneer turned software maker reported that it will be laying off more staff members.
Canada's BlackBerry said on Monday it was targeting an additional increase of $100 million in its annual profit as the cybersecurity firm slashes costs, including reducing workforce.
BlackBerry Ltd. BB, +0.36% said Monday that it plans to cut more jobs in its cybersecurity business as part of the company's push toward profitability.
The cybersecurity market has been booming in recent years as more enterprises adopt digital transformation initiatives to enhance their productivity and efficiency. Increased digital transformation has led to increased cyber threats and data breaches.