Costco Wholesale (NASDAQ:COST) is known for its discounts, but COST stock might not look cheap to some reluctant investors. Nevertheless, after viewing Costco’s recent results, even the skeptics will surely be tempted to stock up on a few shares. There are plenty of commentators who praised Amazon (NASDAQ:AMZN) for its robust holiday-season 2023 sales. Yet,
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With investors moving back towards a “risk-on” stance in recent months, you may think that risky stocks could lead to outsized rewards this year. Yet while more favorable economic and market conditions could extend the current bull market (which started in October) well into 2024, an improving macro picture may not be enough for stocks
Negative news stories surrounding electric vehicle (EV) manufacturer Tesla (NASDAQ:TSLA) can be off-putting for investors. As the old saying goes, volatility can bring opportunity. As you encounter seemingly worrisome developments with Tesla, we encourage you to consider potential dip-buying strategies for TSLA stock. For the foreseeable future, there will always be issues and
The Securities and Exchange Commission on Friday said that a social-media post on X falsely stating that it had approved spot bitcoin exchange-traded funds was created after an “unauthorized party” obtained control over the phone number connected with the agency’s account on the platform. The markets regulator said its staff would “continue to assess whether
After a brief downturn to begin the year, technology stocks are once again rallying. Mega-cap tech stocks, in particular, continue to outperform the broader market. Many of the best-performing stocks of 2023 continue to post impressive gains at the outset of 2024. For example, shares of chipmaker Nvidia (NASDAQ:NVDA) gained over 10% so far in
The COP28 summit highlighted our society’s awareness of climate change and how we should address it. Its core theme focused on how the global economy should transition away from fossil fuels and meet the goals of the Paris Agreement. This has put fossil fuel companies like coal producers in a difficult spot; the majority of
So far this decade, Chipotle Mexican Grill (NYSE:CMG) stock crushed it during the pandemic bull market. The stock recovered strongly in 2023, reaching a new all-time high in December. Since then, however, shares in the fast casual restaurant chain operator have pulled back. Following last year’s big rebound, the stock also sports an arguably-rich valuation
Airline stocks fell in premarket trades Friday after Delta Airlines Inc. lowered its 2024 earnings guidance. The air carrier reported a top- and bottom-line beat with its fourth-quarter results before market open, although its shares fell 5.6% after the company cut its earnings outlook. Delta said it expects March quarter unit revenues to be flat
Chesnot | Getty Images The Securities and Exchange Commission pushed for bitcoin ETFs to have a key difference from major stock funds, and that decision’s impact on how the funds trade will only become clear over time. The bitcoin funds that launched on Thursday are using a share redemption process that turns the underlying crypto
The financial markets in 2024 will be pulsating with transformative opportunities driven by companies poised to redefine industries. This is leading to several 2024 investment trends making themselves known, and several stocks gaining traction. Three distinct stocks illuminate diverse sectors, suggesting robustness, technological innovation, and strategic positioning. The first one’s astute market navigation in the
Despite the growth of Electric Vehicle (EV) sales in the U.S., the electrification transition has faced challenges. Lucid (NASDAQ:LCID) is among the leading EV players many investors are watching. LCID stock delivered 1,457 vehicles in Q3, falling short of the expected 2,000, possibly influenced by charging infrastructure and affordability issues. Lucid revised its fiscal 2023
Owning powerhouse stocks can add significant value to your portfolio. Megatrends are those that are shaping or will shape society in significant ways. Think AI, EVs, renewable energy, biotech, and more. Megatrend stocks are often large, established companies that are capable of sequestering a large market share for its own ends. Often, these stocks are
Shares of Future FinTech Group FTFT, -3.07% fell after the Securities and Exchange Commission charged Shanchun Huang with allegedly inflating the company’s share price just before he took over as chief executive. The stock slipped 17% to $1.07 in after-hours trading Thursday. Shares are down over 48% over the past 12 months. The SEC alleged
In this article AVD Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | Lightrocket | Getty Images More than a dozen financial firms are involved in new bitcoin exchange-traded funds that began trading Thursday, but one of the biggest fund issuers and money managers in the world still won’t touch cryptocurrency. A Vanguard spokeswoman told
Investors often gravitate toward growth stocks in the pursuit of maximum returns. While blue-chip stocks offer a safer approach, growth-oriented investments contain more risk but far more upside. Some growth stocks generate more returns in one year than the S&P 500 can muster in five years. When growth stocks gain momentum, they can soar quickly. Some growth
In the forcible crypto world, overlooked currencies continue to gain value, creating complexity for investors. Amid recent gains, discerning and selling cryptos with little upside is vital. Despite widespread optimism in the cryptocurrency space, particularly for leading mega-cap cryptos, caution is advised. Not all cryptocurrencies are worthwhile; some meme tokens are best avoided due to
Semiconductor stocks to watch have been at the forefront of technological innovation. One of the benchmark ETFs that track the semiconductor industry is the VanEck Semiconductor ETF (NYSEARCA:SMH), which has total net assets of over $11 billion. It had 50% growth within the last year and nearly quadrupled over the previous five. Three semiconductor companies offer
The numbers: The U.S. federal budget deficit widened to $129 billion in December, up from $85 billion in the same month last year, the Treasury Department said Thursday. For the first three months of the fiscal year, the deficit widened to $510 billion, up from $421 billion in the same period last year. Key details:
CFOTO | Future Publishing | Getty Images The bitcoin exchange-traded funds launching Thursday after the SEC’s long-awaited approval come at a wide variety of price points, with signs that a fee war is already underway. The Bitwise Bitcoin ETF (BITB) has the lowest expense ratio of all the new bitcoin funds, at 0.20%. Several other
Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), during an interview in Washington, DC, US, on Thursday, July 27, 2023. Andrew Harrer | Bloomberg | Getty Images Securities and Exchange Commission Chair Gary Gensler’s statement on why the agency has approved the listing and trading of a group of spot bitcoin ETFs