Parnassus Investments, an investment management company, released the “Parnassus Mid Cap Fund” second quarter 2024 investor letter. A copy of the letter can be downloaded here. In the second quarter, the Fund (Investor Shares) declined -5.80% (net of fees) underperforming the Russell Midcap Index’s -3.35% return. Stock selection drove the underperformance of the portfolio. The […]
Three AI-backed computer storage device stocks in focus are: SMCI, WDC, PSTG.
Teradata (TDC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.