Daily Trade

Want to get direct exposure to the artificial intelligence (AI) market? One simple way is to invest in enterprise AI software company C3.ai (NYSE:AI). However, there are both green flags and red flags with C3.ai, so consider your time horizon and risk tolerance if you plan to own AI stock. Furthermore, don’t buy C3.ai stock

It may be a couple of years since the meme-stock feeding frenzy hit its heights, but we’re still seeing occasional bursts of meme-like activity in number of stocks. GameStop Corp. GME, -1.03%, for example, saw a meme-like rally ahead of its third-quarter earnings earlier this month, and other companies this year have seen spells of

If you’re seeking exposure to the cybersecurity and artificial intelligence market, you may be tempted to load up on Palantir Technologies (NYSE:PLTR) stock. After all, a famous tech-market investor recently bought millions of shares of Palantir. Don’t hit the “buy” button, though, until you’ve considered a potential issue with one of Palantir’s government contracts. Also, remember

A popular analyst says a new tech-stock bull market is gaining momentum as other companies are now joining the party. “We believe a short covering for the ages for the tech sector into year-end is well underway as the fundamental picture for growth tech stocks is rock solid based on our recent checks in the

In a fiercely competitive electric vehicle manufacturing industry, Rivian Automotive (NASDAQ:RIVN) faces hurdles in selling vehicles and achieving profitability. Consequently, RIVN stock may be exposed in 2024, potentially relinquishing recent gains.  Though Rivian has seen its stock price rally roughly 50% off of this year’s lows, it’s still trading well below its previous meme-cycle peak.

Options contracts tied to more than $5 trillion worth of stocks, exchange-traded funds and indexes are set to expire on Friday as the latest “triple witching” expiration event collides with the rebalancing of the S&P 500 and Nasdaq-100. The result could be a high-octane, and potentially extremely volatile, session where tens of billions of contracts

2023 proved to be a wild year, as many investors’ top-performing stocks quickly swirled down the drain amid higher interest rates and tightened economic conditions. But, against all odds, the market outlook improved rapidly in early fall before kicking off an early start to the Santa rally. While it’s too early to say for sure,

Oil prices are set to post their first annual decline in three years, and a return to the important $100-a-barrel mark may prove elusive in early 2024 with record U.S. production offsetting efforts by OPEC+ to tighten the global market. A voluntary 1 million barrel-a-day oil production cut by Saudi Arabia, and Russia’s pledge to

QuantumScape (NYSE:QS) shares have been holding steady at around $7 per share since the start of the month, but as I recently argued, another near-term selloff for QS stock remains very possible. Why? A recent bearish sell-side rating, for one. There has also been growing awareness of insider selling by members of the EV battery

Federal Reserve Chairman Jerome Powell startled economists with a press conference Wednesday that was viewed as much more dovish than expected. It was “12 doves a-leaping,” said Michael Feroli, U.S. economist at JPMorgan Chase. “The Fed can’t believe its luck. The data is going their way,” said Krishna Guha, vice chairman of Evercore ISI. The

As a member of the “Magnificent Seven,” Apple (NASDAQ:AAPL) earned the market’s favor throughout 2023. However, this doesn’t guarantee similar results for Apple’s investors in 2024. Overall, the outlook for AAPL stock is good and we’re assigning it a “B” grade, but there’s no urgency to buy it now if you don’t want to. It’s amazing to consider how

The numbers: Demand for mortgages rose this week as mortgage rates fell to the lowest level since July. Rates dropped 10 basis points in the last week, and the 30-year rate is 54 basis points lower than a month ago. Lower rates provided a boost to buying and refinancing demand. The overall market composite index

Lithium producers and lithium stocks have been badly hit as Chinese lithium prices plunged an incredible total of about 75% between November 2022 and November 2023. However, in the wake of the tremendous decline of both the mineral’s prices and lithium stocks, multiple firms are starting to be bullish on the sector. For example, research

“Ohtani left hundreds of millions of dollars on the table and the Dodgers saved hundreds of millions of dollars.” Sports fans were anxiously waiting to hear where Shohei Ohtani, the once-in-a-generation two-way baseball superstar, would sign his next contract, now that he had served his time with the hapless Los Angeles Angels. (During his six

The Walt Disney Co. (NYSE:DIS) stock actually represents three companies, each with unique problems and opportunities. There’s the entertainment division, the ESPN division, and the parks division, which must maintain a pristine reputation to deliver long-term profits. In the long term, this can be managed, but CEO Bob Iger looks like he’s out of time.

Ho-ho-uh oh? As Tuesday’s CPI data and Wednesday’s Fed meeting hog this week’s limelight, something may be brewing in one hot corner of the stock market. Monday marked the first time since 2012 that the Nasdaq 100 managed a positive close with all Magnificent Seven names — Apple AAPL, -1.29%, Amazon AMZN, -1.04%, Tesla TSLA,

The last bear market ended a little over a year ago. Since then the S&P 500 has rallied 27% higher. However not all stocks participated. In fact, it was the so-called Magnificent 7 group of stocks that carried the broad market index throughout most of the year. Despire the unsureness we have seen this year, there

Hasbro Inc. is cutting about 900 jobs as the company is facing a slump in toy and game sales after a boom during the pandemic. The cost-saving plan will result in “the reallocation of people and resources,” including early retirement for some employees and layoffs over the next two years, Hasbro HAS, +0.39% said in

Riding the coattails of the so-called smart money isn’t a bad strategy. Just don’t blindly follow the stock buys and sells of billionaire investors. You need to do your own due diligence into whether the shares are worth putting your money at risk. Just because there are stocks the elite are buying doesn’t mean they should

Yields on U.S. Treasury notes were inching higher on Monday, with investors facing a major week of economic events, as well as two auctions of government paper. What’s happening The yield on the 2-year Treasury  BX:TMUBMUSD02Y  rose 1 basis point to 4.74% after soaring 14.7 basis points on Friday to 4.725%, the largest one-day increase