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Canaan (NASDAQ:CAN) is a fast-growing Chinese maker of ASIC (application-specific integrated circuit) cryptocurrency mining machines. Based on Canaan’s Q4 2020 earnings release from April, CAN stock looks cheap right now. Source: Mark Agnor / Shutterstock.com Long term, CAN stock could be worth as much as $18.77. That’s 46% higher than its current price of $12.83. The
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Driving the narrative for emerging markets is the fundamental reason why people invest: Find a great deal in the hopes that it will generate significant profits later. Naturally, those that love the concept of banking on emerging markets have gravitated toward companies like Jumia Technologies (NYSE:JMIA). As an e-commerce firm targeting several African countries, much
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Not infrequently, Wall Street focuses excessively on relatively inconsequential details and ignores the “big picture.” When that happens, great long-term buying opportunities are frequently created. I think that phenomenon is playing out now with clean-energy stocks in general and Stem (NYSE:STEM) stock in particular. Source: Lightboxx/ShutterStock.com Stem has developed software, powered by artificial intelligence, that
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Gas taxes are excise taxes you pay when you fill up your car with gas. The federal government and states both impose gas taxes, with much of the revenue raised going toward fixing highways and other infrastructure projects. State gas taxes range from just under 10 cents to nearly 60 cents for a gallon of
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If “Big Tech” was a gamefish, like Facebook (NASDAQ:FB), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT) and Tesla (NASDAQ:TLSA) made a big earnings splash this week. Results and guidance were handily above expectations for many tech stocks, so growth investors didn’t mind getting wet. But, for industry observers and regulators looking to reel it in,
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Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway Vice Chairman Charlie Munger’s distain toward bitcoin has only intensified amid the digital asset’s record run this year. “Of course I hate the bitcoin success,” the 97-year-old Munger said during a Q&A session at Berkshire’s annual
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