Daily Trade

Shares of Nike Inc. tumbled after hours Thursday after the athletic-gear giant warned of a “softer second-half revenue outlook” on its quarterly earnings call, and said it is targeting up to $2 billion in cost cuts over the next three years as it looks to shed management and focus on women customers and its Jordan

For Nvidia (NASDAQ:NVDA) stock, 2023 has been a year of inflating expectations. Shares are up 241% this year. The company’s market cap is now $1.23 trillion. That of the “Magnificent 7″ have replaced the reign of the “Cloud Czars”,” with Nvidia and Tesla (NASDAQ:TSLA) added to the mix. But every technology, and every tech hype

U.S. stocks opened higher Thursday, bouncing back strong after the biggest one-day drop for the S&P 500 since September. What’s happening The Dow Jones Industrial Average DJIA rose 244 points, or 0.7%, to 37,326. The S&P 500 SPX was up 40 points, or 0.9%, at 4,738. The Nasdaq Composite COMP gained 176 points, or 1.2%,

Everybody and his uncle wants to invest in artificial intelligence (AI) nowadays. Yet, many stock traders are unaware of the huge opportunity with an AI-adjacent technology, quantum computing. IonQ (NYSE:IONQ) IONQ stock offers pure-play exposure to quantum computing, but this stock isn’t appropriate for every investor. IonQ is headquartered in Maryland, and the company develops

Investors should seize on the powerful 2023 year-end rally in stocks and bonds, and add value to their portfolios in other ways over the next six to 18 months, according to the Wells Fargo Investment Institute. The Dow Jones Industrial Average DJIA already carved out a handful of record closes in the second half of

On Dec. 1, I argued that SoFi Technologies (NASDAQ:SOFI) stock was a buy. Mainly, because the market’s near-term concerns about SOFI stock had resulted in shares falling to a price that was more-than-reasonable compared to this neobank’s long-term prospects. Soon after laying out the bull case, sentiment for SOFI shifted rapidly. Within weeks, shares surged

U.S. stock-index futures were edging lower on Wednesday morning as Wall Street struggled to build on their year-end rally with fresh record in sight for the S&P 500 index. How are stock-index futures trading S&P 500 futures ES00, -0.21% were dipping 8 points, or 0.2%, to 4,812 Dow Jones Industrial Average futures YM00, -0.22% were

There’s no doubt about it. It’s been a great year to invest in Nvidia (NASDAQ:NVDA), the most magnificent of the “Magnificent Seven” companies. However, Nvidia isn’t the only artificial intelligence (AI) processor arms race competitor. Indeed, a comeback contender in the AI chip industry should make eager NVDA stock buyers think twice.           

“Companies need guidance on how to experiment, pilot and adopt AI ethically and securely. ” As a software industry CEO, I am excited about the power and potential of AI. Yet AI could go from a rising tide that lifts all boats to a perfect storm of unmanageable risk unless it is given effective guardrails and governance.

There are some indications that Tesla’s (NASDAQ:TSLA) Cybertruck could become a huge hit that will also cause the demand for the other vehicles to soar for TSLA stock. However, the EV’s specifications are also less impressive than what CEO Elon Musk originally promised, while the Cybertruck is facing serious competition from Rivian’s (NASDAQ:RIVN) R1T and

When I came down with COVID-19 recently, I heard from a concerned friend who has fretted about the virus ever since it became our global reality three years ago. I appreciated his thoughts, but I couldn’t help but think one thing. Namely: “Don’t worry about me. Instead, why don’t you finally get that colonoscopy you’ve

Yahoo Finance recently named Novo Nordisk (NYSE:NVO) its 2023 Company of the Year. Thanks to its duo of weight-loss drugs, Ozempic and Wegovy, it is now the most valuable company in Europe by market capitalization. Given the demand for these drugs, it could repeat as one of the top stocks for 2024.  As Yahoo Finance

Interest rates will still rule stocks in 2024, according to DataTrek Research.  Wall Street seems to agree that U.S. stocks will climb to fresh record highs in 2024. But the most important question for investors may still be the direction and speed of interest-rate moves.  Rate-sensitive groups of stocks with lackluster fundamentals, such as financials,

Buy low, sell high. It’s an investing mantra drummed into our heads from the moment we start buying stocks. But it’s not easy to do. When our stocks start falling, the first inclination for many investors is to sell. We no longer see them as turnaround stock picks. These are the biggest stock losers that

U.S. stock futures on Monday flirted with their highs of the year as benchmark borrowing costs traded near their lowest since the summer. How are stock-index futures trading S&P 500 futures ES00, +0.28% rose 10 points, or 0.2%, to 4778 Dow Jones Industrial Average futures YM00, +0.17% gained 49 points, or 0.1%, to 37710 Nasdaq-100

The surge in electric vehicle (EV) stocks, particularly undervalued EV stocks, is as palpable as ever. This booming sector, bolstered by countries offering incentives to boost EV adoption, is not just about environmental stewardship, but represents a nexus of innovation and advanced technology. With automakers committing an impressive $1.2 trillion to EVs and batteries by

SYDNEY — Link Administration shares jumped after the company announced a 1.2 billion Australian-dollar (US$804.7 million) buyout by a unit of Japanese banking firm Mitsubishi UFJ Financial Group. Link’s shares LNK, +27.65% rose 27% to A$2.16 on Monday, after earlier hitting a high of A$2.19. The Australian financial technology company’s board is unanimously backing the

Palantir Technologies (NYSE:PLTR) has been among the most clear-cut winners of the surge in AI stocks. Indeed, the run PLTR stock has seen over the past year has put many top AI plays to shame. This is a company that’s still well off its meme-cycle highs. However, strong momentum is backing this company, and retail

Dear Quentin, I am 73 and my husband is 76. We married three years ago, and I moved overseas to be with him. We are in excellent health and, statistically, we have another 10 to 15 years of life ahead of us. I have grown children in their 40s and one grandchild in the U.S.

Founded in 2009, C3.ai (NYSE:AI) aims to empower businesses with artificial intelligence. CEO Thomas Siebel, who offers over 40 customizable AI applications across various industries, sees the AI opportunity as transformative as the internet or smartphones. Recent fiscal 2024 Q2 results reveal notable growth in customer engagements and revenue, prompting investor consideration. This has considerable