Stay Ahead Of The Curve: AI Weekly Google Stock Forecast: Why Google Deserves a Price Target of $1,700 Google’s (GOOGL) stock price has increased by more than 20% since my October 31 buy recommendation. There is a clear indication that Google’s growth is slowing down. However, I am still optimistic GOOGL can go higher this year. My 12-month price target for GOOGL is $1,700. YouTube’s fast-growing $15.1 billion/year advertising business is a robust tailwind for the company. YouTube’s ad revenue in 2017 was only $8.15 billion, and in 2018, $11.15 billion. GOOGL’s price can go higher – there is still no way to block ads on Android/iOS YouTube apps. Over 70% of YouTube’s views are from mobile devices. Brand promoters and advertisers love YouTube because of its more than 2 billion monthly active users. Second only to Google.com, Youtube.com is the world’s most-visited site. More people visit YouTube than Facebook’s (FB) website. On average, YouTube visitors also spend more than 12 minutes every day on the site. Read more. Wisdom of the Crowd vs. Algorithmic Trading Could a crowd, provided that it is large and diverse enough, produce en masse an estimate that outperforms that of an individual expert? American journalist James Surowiecki would bet on this potential, so much so that in his most prominent publication, he coined this possibility the “wisdom of the crowd.” In his book “The Wisdom of Crowds,” Surowiecki provides many promising and commonplace examples of a wise—and accurate—crowd. For example, at a town fair where visitors could guess the weight of an ox, the average of the crowd’s estimates often measured up to a reliable indicator of the ox’s true weight. At times, the “wisdom of the crowd” can fuel processes now crucial to our daily routines, such as Google searches. While Google displays search results in order of page popularity and crowd engagement, this method often ends up correctly arranging pages in order of relevancy to the query. Evidence shows that when it comes to financial markets, the crowd is not so wise—and thus, the advent of a soaring alternative: algorithmic trade. What stops the “wisdom of the crowd” from functioning as a viable stock trading strategy is that its essential assumptions do not hold in a stock market environment. Instead, “herd instinct” often replaces this collective sagacity.



Read more. Adobe Stock Price Forecast: Why Adobe's Stock Might Hit $380 Next Month The Sensei AI-powered Lightroom and Photoshop for iPad is definitely helping Adobe attract more subscribers. I am staying long primarily due to the growing multi-device compatibility of Creative Cloud software. The ability to use the important features of Photoshop and Lightroom on iOS devices justified Adobe’s price increase in Creative Cloud subscription fees. I also appreciate that Adobe made a dedicated touchscreen/tablet-specific digital painting software, Fresco. Fresco is available for Windows and iOS tablets. Fresco’s release means there will be fewer people buying Corel’s Painter and Procreate on iOS. The fewer customers for Adobe’s much smaller rivals, the bigger chances these companies will go bankrupt. Fresco is largely why Wacom released a $399.95 Windows 10/macOS drawing tablet. I remain long ADBE because the company is coming up with new lightweight software programs that accelerate the workflow of creative professionals. Aside from Fresco, Adobe’s Character Animator was also a recent release that made a big impact.



Read more. AI Revolution in Finance: Global Investment in AI FinTech Fuels the Flame The recent boom of artificial intelligence tech has shaken the world, transforming businesses and whole industries. The financial sector is no exception to this: it has already seen a broad range of initiatives in introducing AI in a whole variety of its spheres. Where we are today, however, is only the dawn of the era of AI in finance, as its implementation is picking up the pace. This disruption comes on the back of gargantuan investment poured into AI by a multitude of major players: banks, for example, are projected to dish out a whopping $300 bln. into AI by 2030. A large share of this can be expected to come in the shape of investments into lucrative startups, not just in-house projects.



Partnerships with small tech-savvy companies are set to be a boon for megabanks and other giants, because this business format has its own distinctive features that make it well-adjusted to the highly competitive high-tech sphere. Small to medium-sized versatile teams focused on a single (and, more often than not, niche) product can work at a speed that is beyond the capacities of a gargantuan company and have the know-how it may not have. What they often lack, however, is the expertise that comes with decades in operation and the resources comparable with budgets of a small country.



Read more. Netflix Stock Forecast: Samsung's Help Can Boost Netflix's Big Lead in Paid Streaming It is a long-tailwind for Netflix that Comcast (CMCSA) is losing subscribers. More importantly, the $15 billion/year budget for original content is largely why Netflix continues to attract new customers. Netflix Q4’s earnings report revealed Netflix still added 8.8 million new subscribers. This was in spite of t November’s global launch by Apple TV+ and Disney+. These rival streaming platforms did not stop Netflix from adding 420k new U.S. subscribers and 8.33 million international subscribers. Skeptics were wrong to say that Apple TV+ and Disney+ would steal subscribers away from Netflix. NFLX’s price upsurge for the past four months is because the company’s growth story is still intact. Apple TV+ and Disney+ are not making any serious impact. Investors should remain long NFLX because it is successfully fending off competition in the U.S. paid streaming. The U.S. market is very important to Netflix. The international streaming business is generating more revenue. However, Netflix’s contribution margin for its U.S. streaming is 30.8%. Read more.

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