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Joby Aviation (NYSE:JOBY) stock rose following the announcement of a $9.8 million grant from the California government, enhancing the eVTOL maker’s statewide expansion. The grant, awarded under the California Competes program, supports Joby’s facility build out in Marina, California. This effort will aid increased manufacturing, pilot training, and aircraft maintenance. The funds will also contribute
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Finding undervalued stocks to buy isn’t as easy as it once was. When Benjamin Graham wrote The Intelligent Investor, finding undervalued stocks involved diving into financial statements, calculating ratios independently, and finding a gap between a company’s intrinsic value and the stock priced by the market. But, financial ratios are at our fingertips today. Virtually
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Artificial intelligence (AI) makes people’s lives easier. And what’s more convenient than online shopping? Naturally, e-commerce stores use this technology to make personalized product recommendations to increase sales. Businesses use chatbots to address frequently asked questions and avoid repetitive tasks for customer support teams. The technology can also auto-generate lines of code and content. The
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The recent sell-off in tech stocks has left many high-quality names trading at sizable discounts. For long-term investors, this presents an intriguing opportunity to position one’s portfolio for the next bull market. In this article, I’ve identified three tech stocks that appear particularly undervalued relative to their massive growth potential over the next decade. These
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