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You might know Nvidia (NASDAQ:NVDA) mainly as a maker of graphics cards for video game consoles. However, Nvidia is becoming a power player in the artificial intelligence market. NVDA stock could move higher over the coming quarters as machine learning is a major theme of 2023, and Nvidia’s chief executive clearly wants the company to be
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Ahead of Rivian Automotive’s (NASDAQ:RIVN) latest quarterly earnings release late last month, I expected investors would use any negative news as an excuse to bail on RIVN stock. This prediction proved accurate. Although there was good and bad with the early-stage electric vehicle maker’s quarterly numbers, key elements of its updates to guidance underwhelmed. As a
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Will investors of California-headquartered electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) finally catch a break in 2023? The company hasn’t achieved profitability yet but has made progress in other respects. Besides, there’s an event happening this week that could drive interest in MULN stock. To put it mildly, it’s been a bumpy ride for Mullen’s
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With market uncertainty weighing on investor sentiment, market participants may want to concentrate on high-potential real estate investment trusts or REITs to buy. Primarily, this financial vehicle attracts buyers due to their typically strong yields. That’s because legal frameworks require REITs to pay 90% of their annual income as shareholder dividends. Another advantage to REITs
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Shares of China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO) might look cheap, but are they really? NIO stock traders should exercise caution now, because Nio’s impressive EV-delivery figures aren’t bringing the company any closer to profitability. Not long ago, Nio seemed to struggle with its EV sales. The company’s 8,506 vehicle deliveries in January 2023 compared unfavorably to
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Last week, I wrote that Troika Media (NASDAQ:TRKA) might be one of the most mispriced penny stocks of the year. The advertising firm’s fundamentals… and completely misunderstood balance sheet… meant that retail investors had likely found a 1,000% winner. In honesty, I also oversimplified matters by calling Troika Media a “surprisingly ordinary reverse merger.” What’s
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In this article LDI MDB UBER FOSL SIVB Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | Lightrocket | Getty Images Check out the companies making headlines after the bell. Uber — The ride-sharing platform’s shares gained 2.5% after Bloomberg reported that the company is weighing a potential spinoff of its freight logistics unit. Silvergate
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With the market likely to encounter myriad variables this year, investors should really consider dividend stocks to buy. Fundamentally, companies that provide passive income to their stakeholders tend to weather down cycles better than their growth-centric counterparts. Mainly, this is because dividends come from profits – and profitable enterprises tend to enjoy well-established businesses. Another
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