Stock Market

The generative artificial intelligence (AI) frenzy has created a massive demand for advanced chips, which are required to support large language models and build AI applications. While Nvidia (NASDAQ:NVDA) is considered the frontrunner in the generative AI space, analysts are also optimistic about the ability of several other chip companies to grab the opportunities created

Stocks leaving analysts speechless are companies that most of those on Wall Street rate as strong buy. While there isn’t an S&P 500 company that gets all strong buys across the board, according to S&P Global Market Intelligence, a number of them have nearly perfect consensus among analysts’ opinions.  Of the index’s members, only seven have

The U.S. Department of Justice and 16 state attorneys general are suing Apple (NASDAQ:AAPL) stock for violating antitrust laws, causing the value of AAPL stock to drop by $115 billion on March 21.  Bloomberg reported, “The US lawsuit alleges that Apple has used its power over app distribution on the iPhone to thwart innovations that

Dividend investors seek stocks with the highest yields, solid earnings and cash flow to support them. However, not all stocks that offer high dividends have the financial performance to sustain them, and they may have to cut the return. These three stocks offer higher-than-average yields but have warranted caution over the last quarter and coming

Electric vehicle maker Nio (NYSE:NIO) successfully established itself as a premium brand within the China market. It differentiated itself from rival EV companies by creating a battery-swap business to serve as an alternative to charging. Yet vehicle margins are narrowing and NIO stock remains a loss-generating company. It is looking to sell its EVs in

I always get nervous when Tesla (NASDAQ:TSLA) stock falls because it’s such a big component of Elon Musk’s wealth. And given I have such a large following on X, I certainly don’t want to see risks to the platform I have the most reach on. Objectively though, it seems possible that Tesla could roundtrip all

If the AI boom is real, it must go beyond Nvidia (NASDAQ:NVDA), and there logically should be multi-baggers yet to come. And it could be the case that Micron Technology (NASDAQ:MU) becomes the next major beneficiary. Micron crushed earnings as apparent from its beat yesterday. Memory and storage solutions critical for AI applications are the

Indicating that growth stocks are in the initial stages of a hot comeback, the iShares Russell 2000 (NYSEARCA:IWM), whose movements are largely determined by growth stocks, is up nearly 5% year-to-date. Moreover, on March 20, the U.S. Federal Reserve’s Summary of Economic projections indicated that the central bank still intends to cut its benchmark rate

Will the demand for artificial intelligence personal computers explode in 2024 and 2025? And, will Dell Technologies (NYSE:DELL) stock generate massive revenue from AI-compatible PC sales? The market seems to think so, and they’ve already sent DELL stock soaring. Consequently, eager investors need to be cautious now. Before you make any judgments, be sure to

With spring right around the corner, homebuyers anticipate a busy season fueled by potential economic boosts, including anticipated interest rate cuts. People might also shift focus to house hunting, which almost every American looks forward to because prices might be more discounted at this time of the year. Real estate agents suggest Super Bowl weekend

You can love it or you can hate it. Either way, it’s hard not to have an opinion about electric vehicle manufacturer Tesla (NASDAQ:TSLA). Currently, the prevailing sentiment is very negative about TSLA stock. If you’re a true contrarian investor, though, then now’s a great time to pick up some Tesla shares. Granted, it might be difficult

Is Archer Aviation (NYSE:ACHR) in perfect financial condition right now? The answer is: definitely not. On the other hand, Archer Aviation can be forgiven for being a “work in progress.” When you see the progress that this flying-taxi specialist has made, you’ll surely want to hold ACHR stock this year.  Just to recap, Archer Aviation manufactures electric vertical takeoff

In January 2024, Walmart (NYSE:WMT) announced it was conducting a 3-for-1 stock split which was executed in February. This was the tenth stock split in the company’s history. That is leading some investors to wonder if there are other stocks to watch for stock splits in 2024.   When a company splits its stock, it

Welcome to the future! By unleashing the power of AI in finance, you could completely transform your wealth journey. How? In an age where technological innovation leaps forward at a breathtaking pace, one of the most exciting prospects lies in the realm of AI and its potential to revolutionize our daily lives. We’re not talking

Few stock sectors offer soar-or-sink possibilities like biotechnology stocks do. If you’re in the market for an intriguing biotech pick and can manage high risk, take a look at Actinium Pharmaceuticals (NYSEAMERICAN:ATNM)stock. Actinium Pharmaceuticals develops targeted radiotherapies for refractory cancer cases. By “refractory,” I mean that Actinium Pharmaceuticals focuses on helping patients meaningfully improve their

The extraordinary rise of Nvidia (NASDAQ:NVDA) was driven by the emergence of generative AI. This technology hinges on the use of powerful computer chips in which the stock is a market leader.  Last year, the S&P 500 climbed an impressive 24%. However, the outlook for 2024 is a little calmer. Goldman Sachs forecasts a rise

Snowflake (NYSE:SNOW), which specializes in software for cloud-based data warehousing, was recently overvalued. I tried to warn investors about Snowflake’s trailing price-to-earnings ratio and suggested that SNOW stock was vulnerable to a pullback. That pullback came to pass, but it’s still not the right time to take a share position. Sure, Snowflake as an artificial intelligence

It’s been a rough ride for Tesla (NASDAQ:TSLA) stock lately. It has become the worst year-to-date performer in the S&P 500 index. These developments may discourage some, others may see a buying opportunity. Don’t assume it’s the right time to invest. The factors driving its poor performance are likely to persist in the months ahead.

Editor’s note: “AI Stocks: Growing Wealth in the Dot-Com Boom 2.0″ was previously published in February 2024. It has since been updated to include the most relevant information available. Believe it or not, you’re living through a modern version of the 1990s Dot-Com Boom. This time, it’s not the internet but AI technology that’s poised

Is hydrogen the energy source of the future? Plug Power (NASDAQ:PLUG) certainly thinks so. The 27-year-old company provides green hydrogen, fuel cell systems, and other related products for its customers. It has also signed deals with two of the most recognized companies in the world: Amazon (NASDAQ:AMZN) and Walmart (NYSE:WMT). At the same time, Plug