Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Shutterstock — Shares of the stock image, video and music provider jumped 10% after Shutterstock announced a six-year, expanded partnership with OpenAI, the maker of ChatGPT. Newell Brands — Shares of the consumer goods company jumped more than 10%
There are clear signs of a reversal rally after a meaningful correction last year for equities. The S&P 500 index has trended higher by over 15% for the first half of the year. With a decline in recession probability, the rally for the index is likely to sustain. There also seems to be clarity that
Consumers and businesses around the world are spending heavily for data protection and digital infrastructure. Cybersecurity companies embrace this trend. Worldwide spending on cybersecurity is forecast to reach a record $151 billion in 2023, according to data from Nasdaq Investment Intelligence. Furthermore, revenue growth in the cybersecurity industry is expected to grow 11% per year
It’s certainly not difficult to find folks who are super-bullish on Nvidia (NASDAQ:NVDA) as a purveyor of hardware for artificial intelligence (AI) applications. However, at least one well-known investor is signaling caution on NVDA stock, which appears to be over-hyped and overpriced. As we’ll see, the investor I’m referring to is concerned about Nvidia and about
In this article WDFC AMZN USB JPM Follow your favorite stocksCREATE FREE ACCOUNT JetBlue Airways Airbus A320-200 aircraft as seen on final approach landing at New York John F. Kennedy International Airport in USA. Nicola Economou | NurPhoto | Getty Images Check out the companies making the biggest moves in premarket trading: JetBlue Airways —
The artificial intelligence mega-trend has been the key factor behind the tremendous rise in price of Nvidia (NASDAQ:NVDA) stock in 2023. However, don’t assume that AI catalysts have been fully factored into the NVDA stock price. It’s important to note that, while “AI mania” is what has propelled shares to a trillion dollar valuation, this
Investing is an activity that demands prudence and careful consideration. Despite the appealing allure of high returns, not all stocks that seem attractive at face value are indeed truly valuable or even sustainable in the long run. In particular, certain risky stocks may appear enticing due to their rapid growth or hype in the market,
Meta Platforms (NASDAQ:META) stock is up 144% so far in 2023, and likely to head higher. The gains in META stock are mostly based on speculation. Revenue for the first quarter was up only 3% from a year ago. Net income was down 24%. Analysts expect earnings to be down 15% for the year. The
In this article NVAX DKNG LCID CVNA Follow your favorite stocksCREATE FREE ACCOUNT A Carvana used car “vending machine” displays vehicles on December 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Carvana — Shares soared 10% in midday trading. The company said on Monday
Artificial Intelligence (AI) has received incredible attention this year due to the release of OpenAI’s advanced chatbot, ChatGPT. But ChatGPT is fortunately not the only chatbot to be released. Many developers have released their own version of the AI including Bing ChatGPT, Jasper, Perplexity AI and You Chat. For this article, I decided to ask Bing ChatGPT
Cryptocurrencies kicked off the year on an upbeat note, effectively navigating a tumultuous investment landscape. Consequently, many tokens are now meandering along the path to recovery, albeit sluggishly. Prices continue to hover significantly below their 2021 peaks. Therefore, identifying the cryptos to sell can be a prudent strategy. Bitcoin’s rising tide is lifting all boats,
In this article FSR META AAP Follow your favorite stocksCREATE FREE ACCOUNT An exterior view of the Advance Auto Parts store at the Sunbury Plaza. Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves before the bell: Advance Auto Parts — Advance Auto Parts declined 2.4% in the premarket
Nio (NYSE:NIO) stands out as one of the best EV stocks and a prominent Chinese electric vehicle market. With its focus on designing, manufacturing, and selling smart electric vehicles, Nio has positioned itself as a leader in this growing industry. China, being the largest car market globally, faces challenges in transitioning from petrol and diesel
Now that video game retailer GameStop (NYSE:GME) isn’t a frequent target of short-squeeze traders anymore, GME stock will probably rise or fall based on the company’s fundamentals. Unfortunately, GameStop’s strength and soundness as a business venture is questionable. In the final analysis, the risk-to-reward balance doesn’t justify an investment in GameStop. It’s notable that GameStop Executive
Penny stocks have always interested many investors. Indeed, this interest comes from many places. Some investors like the volatility of these stocks, and the ability to buy a large amount of shares at one time. Others focus on the immense upside potential most penny stocks provide. Of course, this extremely high upside also means these
The beginning of a new month, and a new earnings season gets investors thinking about which stocks to buy. They’ll also be thinking about which stocks to sell, which should include these seven blue-chip stocks to sell immediately. After all, knowing when to sell a stock is an important lesson every investor has to learn.
In this article MDB MU CCL AMZN Follow your favorite stocksCREATE FREE ACCOUNT Sanjay Mehrotra, CEO, Micron Scott Mlyn | CNBC The S&P 500 and Nasdaq notched a solid performance in the first half of 2023, thanks to an impressive rally in major tech stocks. However, macro pressures have not abated, with minutes from the
AI is coming to biotech in a big way. From protein folding to drug screening, from studying cells to studying populations, the AI boom has long been an asset to biological research and drug discovery. Now investors are also waking up, and Biotech AI stocks could skyrocket as their potential becomes fully realized. The best
The synthetic biology boom of the pandemic era has become a synthetic biology bust. Many synthetic biology stocks promised the moon and delivered mud. It’s an evolving stock market and it’s time to sell the stocks that have no hope of recovery. Many companies that are currently beaten down still have much further to fall.
Some folks might say it was a brilliant move for global movie-theater chain AMC Entertainment (NYSE:AMC) to create and issue shares of AMC Preferred Equity Units (NYSE:APE) stock. However, others aren’t very pleased with AMC Entertainment’s large-scale printing of APE stock. There’s a great deal of controversy surrounding AMC Entertainment in 2023, so it’s a good idea