Business is great at Nvidia (NASDAQ:NVDA), but NVDA stock is looking just a bit ragged. For the first time in years, a move up didn’t hit the old high. The August peak of $493/share was followed by an October peak of $469. But even that looks far off from the $429/share it was trading at
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As Tesla Inc. shares were down 7% premarket Thursday in the wake of earnings, numerous analysts saw silver linings. Yes, Tesla TSLA, -4.78% fell short of expectations late Wednesday with its third-quarter automotive gross margins, and the company posted an earnings shortfall that marked its “first bad miss in three years,” according to Evercore ISI
Artificial intelligence (AI) is an innovative field that saw significant demand in recent months. Tools like ChatGPT have thrust AI’s capabilities into the spotlight and excited many people about the possibilities. AI is revolutionizing many industries. It is a focal point of innovation, and that means there’s money to be made. Investing in companies positioning
With Tesla’s (NASDAQ:TSLA) market share slipping a great deal in the U.S., its deliveries dropping in China, and its revenue per vehicle down about 20% from highs, TSLA stock could indeed plummet in the medium term. Luckily for Elon Musk and his crew, however, the automaker has a potential blockbuster on the way, and it
In a previous article, I highlighted how AMC Entertainment (NYSE:AMC) stock declined a whopping 13% on the same day a key catalyst in the form of Taylor Swift’s Eras Tour being brought to the big screen. In many respects, this price action may certainly be considered odd, in light of how staunch retail investor support has
Tesla Inc. investors looked past an earnings miss for the EV maker on Wednesday, focusing on some good news about the Cybertruck, but stock gains vanished after Chief Executive Elon Musk threw cold water on optimism about the electric pickup truck. “I just want to temper expectations for Cybertruck,” Musk said during a call with
One of the biggest challenges that the world faces is an impending shortage of food. The World Food Program estimates that 345 million people globally face acute food insecurity in 2023. Considering the factors of uncertain weather conditions and geopolitical tensions, the food shortage challenge will aggravate further. Besides the long-term challenges, it’s important to
For savvy investors, it’s essential to keep an eye on investments as the unpredictable 2023 is reaching a climax. With an air of uncertainty and market fluctuations, it’s time to delve into the intricacies of three prominent companies and the risks they face. The vulnerabilities of these three companies shed light on the challenges that
Shares of Microsoft (NASDAQ:MSFT) have lagged the performance of other mega-cap technology concerns year to date. However, with several catalysts forming there is reason to be bullish on the company’s stock. Truly, shareholders got a jolt recently when news broke that the Internal Revenue Service (IRS) has slapped Microsoft with a bill for $29 billion
Oil prices climbed on Wednesday, following a deadly blast at a hospital in Gaza City that left hundreds dead, and ratcheted up regional tensions, with both Israel and Hamas exchanging blame. Price action West Texas Intermediate crude CL00, +1.75% for November delivery CL.1, +1.75% CLX23, +1.75% rose $1.93, or 2.2%, to $88.59 a barrel. The contract settled
REITs are down bad this year. REIT stocks across nearly all sectors are down by double digits since January. The worst-performing sector, infrastructure, is down 24.6%. At the same time, the “best” performer among 13 categories (healthcare REITs) is up a measly 3%. Compare that paltry performance to the S&P 500, which remains up almost
Airline stocks are particularly weak at the moment. Recession fears are spiking again as rate concerns increase, threatening spending overall along with travel in the process. And unfortunately, there isn’t a clear case favoring investment in the airline industry at the moment. That being said, here are some of the top airline stocks to sell
When forecasting a stock as correlated to oil prices as ExxonMobil (NYSE:XOM), it’s critical to consider where crude oil prices could be headed over the next few years. In my view, this presents a challenge for providing a precise price target for XOM stock by 2025. On the one hand, oil demand remains quite strong,
This account, posted under a username that has since been deleted, first appeared on Reddit: A cautionary tale for National Boss Day: I came back to the office for the first time in a week after being sick. I take care of a couple emails, and then my boss emails me and says he wants
A double-edged sword if there ever was one, the September jobs report effectively put the Federal Reserve in a bind, catalyzing the case for stocks for rising interest rates. Sure, on the one hand, most governments aim for a robust labor market. Happy, employed workers obviously tend to be satisfied, thus reducing pressure on policymakers.
September kept up with its tradition of being a tricky month for investors. The choppiness in the market continues to spook investors, compelling them to optimize their portfolios effectively. Furthermore, market experts are making optimistic predictions. So, it’s even more critical for investors to discern the gems from the duds and pinpoint the stocks to
Despite analyst optimism, American investors don’t believe Li Auto (NASDAQ:LI) can keep up its growth and profit pace. Having said that, what does this mean for LI stock? By conventional measures it seems undervalued. The company expects sales of $10.3 billion this year. The market cap is $34 billion. That’s less than half the price-to-sales
Here are some of the biggest moving shares ahead of Tuesday’s market open: Stock gainers: Tempest Therapeutics TPST, +85.16%, whose stock has gained 2710% over the last five days, saw its stock rise by 8% in premarket trade.
Transportation sure has come a long way since our grandfathers were on the roads. Now, instead of those traditional, gas-powered cars, we’re nearing the potential for flying cars, autonomous vehicles and even further adoption of millions of battery-powered cars. Better, the opportunities in transportation stocks could be worth billions, even trillions in some cases. In
In 1999, General Motors (NYSE:GM) finally pulled the plug on its first mass-produced electric vehicle (EV) of the modern era, the EV1. Battery technologies at the time limited the standard EV1 to a 55-mile range — not enough to cross Los Angeles County on a traffic-free day. An extended 105-mile-range version had its own problems,