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5 Best Falling Stocks To Buy Now

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This article presents an overview of the 5 Best Falling Stocks To Buy Now. For a detailed overview of such stocks, read our article, 15 Best Falling Stocks To Buy Now.

5. Ecarx Holdings Inc. (NASDAQ:ECX)

Number of Hedge Fund Investors: 19

Automotive computing platform company Ecarx Holdings Inc. (NASDAQ:ECX) ranks 5th in our list of the best falling stocks to buy now.

A total of 19 hedge funds had ECX shares in their portfolios as of the end of the third quarter of 2023.

Ecarx Holdings Inc. (NASDAQ:ECX) talked about future business expectations during Q3 earnings call:

Second, our global expansion into Europe and the United States, where we are taking into growing demand as OEMs transition towards new EVs and we are assessing a truly global talent pool. Adjusted EBITDA loss was RMB179 million, an improvement from the loss of RMB181 million last year. This is a slight improvement but we need to be aware that such results has already included our accelerated R&D investment in ADAS solutions and the GCAR, the JV with the July Group. If we take out the loss from JV, the profit could be improved by around RMB50 million in quarter 3. However, we certainly believe the investment in ADAS solutions is worthwhile and it will empower our long-term growth. The performance of the ADAS product on Lincon O08 is quite impressive at kind of example.

The loss per share also improved year-over-year from RMB1.48% to 0.79%. This is mainly attributed to the revenue growth in computing platform products, gross margin improvement and operating cost control. Cost control did not impede our investments in advanced technology development and global expansion. Moving on to our balance sheet. At quarter end, we had RMB688 million of cash and restricted cash. With a solid foundation for growth now in place, we expect to allocate additional capital to accelerating our growth trajectory. Maintaining a solid balance sheet is of paramount importance. So we will focus on improving operating efficiency across our supply chain, inventory and cash flow. Looking forward, we will maintain our operational focus on optimizing efficiency and cost management while allocating resources towards opportunities that can enhance future growth projects and drive innovation.

Read the entire earnings call transcript here.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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