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The Latest Breaking News from Alkesh Shah

DeepSeek is great news for Microsoft and software stocks

DeepSeek’s success initially rattled investors’ assumptions about the AI spending wave that has swept through Silicon Valley in recent years.

Fortune

BofA Analyst Favors Large Cap Microsoft, Salesforce As Top AI Software Stocks

Large cap software companies such as Microsoft and Salesforce stock are outperforming as investors rethink the sector's upside from generative AI, says a Bank of America analyst.

Investors Business Daily

AI Stocks: Why Chipmakers Are Outperforming Software Companies In 2024

Wall Street analysts are tempering expectations that an AI-driven rally for software stocks will continue.

Investors Business Daily

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Gitlab Profitability On Fast Track Amid Market Share Gains

Gitlab is the IBD Stock Of The Day as the company emerges as a strong player in a fast-growing software market.

Investors Business Daily

3 events that will determine the fate of cryptocurrencies

Cryptocurrencies are reeling after a miserable year that saw the collapse of companies such as FTX. A look at what lies ahead.

WEKU

'No Idea Why Dogecoin Market Is $36B:' BofA Analyst Slams Meme Coin, Says It Has No Use Case

BofA Securities head of cryptocurrency and digital assets Alkesh Shah said he has “no idea” why Dogecoin (CRYPTO: DOGE) has a market value of $36 billion.

Benzinga

Not Bitcoin, Here's Where The Next $30T In Crypto Could Go To, According To BofA Analyst

The next phase of growth in the cryptocurrency space will be driven by protocols less decentralized than Bitcoin (CRYPTO: BTC), according to Alkesh Shah, the head of the cryptocurrency and digital asset strategy at

Benzinga

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