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U.S. equities have continued their incredible rally in 2024. Last year, despite major swings in performance, Nasdaq and the S&P 500 soared 43.2% and 24.2%, respectively. In 2024, excitement around artificial intelligence (AI) and recent economic data pointing to slowing inflation and a cooling job market have lifted the indices 22.6% and 16.8% for the
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The S&P 500 is up more than 50% from 2022 lows. The primary reason for the resilience of the stock market is enthusiasm around AI stocks. Excitement surrounding artificial intelligence and its potential as a revolutionary technology have sent AI shares skyward, creating what many believe is a bubble reminiscent of the dotcom bubble at the
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While the term “Internet of Things” (IoT) may not sound very technical, it refers to a technological sector focused on interconnectivity between electronic devices and the data they generate. Examples of this include smart home appliances, like remote-controlled lighting, smart fridges and even devices like Amazon’s (NASDAQ:AMZN) Alexa. The purpose of devices like these is
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Electric vehicle manufacturer Lucid Group (NASDAQ:LCID) might produce sleek and powerful automobiles, but there are problems underneath the hood of this company. Instead of waiting for a miracle to happen, investors should cut their losses or, better yet, just avoid Lucid stock altogether. I have to respect Lucid Group’s loyal investors. They’ve suffered harsh losses this year. I wish
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