Daily Trade

C3.ai (NYSE:AI) stock has seen a significant year-to-date return of 123%. Despite reaching $49 earlier this year, AI stock has corrected to around $26 per share at the time of writing, presenting a potential entry point. With a 39% short interest in the free float, a short-squeeze rally is anticipated by some speculators. That’s an

I’ve made this argument before. But it bears repeating because of a recent bipartisan proposal in Congress to fund the Social Security trust fund with the profits the U.S. Treasury could earn by borrowing $1.5 trillion and investing it in the stock market. The proposal is garnering increasing support, not just on Capitol Hill but

Electric vehicle sales are set to accelerate. In fact, according to an Ernst & Young survey, nearly half of consumers in the United Sates (48%) plan to buy an electric vehicle in the next two years. That’s a 19% jump year throughout year just in the U.S. So, we wanted to look at some of

Amazon.com Inc. on Thursday said that this week’s two-day Prime Day event “outpaced” the one the online retailer held last year, ahead of what is expected to be another holiday season driven by big discounts as shoppers continue to seek shelter from higher prices. But as other online retailers try to ride the Prime Day

With e-commerce growth already strong and poised to accelerate in the U.S., and the AI revolution likely to greatly boost spending on cloud infrastructure, now is a superb time to buy Amazon (NASDAQ:AMZN) stock. Moreover, Amazon is expanding its footprint in the American healthcare sector, indicating the conglomerate believes it can build a huge, profitable

Tesla Inc. is slated to report third-quarter earnings on Wednesday amid renewed concerns about the EV maker’s margins and demand after a fresh round of price cuts. Sentiment toward Tesla TSLA, -1.93% earnings for the remainder of the year “skews cautious,” and there’s risk earnings could be revised lower, Morgan Stanley analyst Adam Jonas said

In the landscape of AI, certain companies stand out as titans of rapid and robust growth. As the world ventures into 2024, three AI stocks promise exciting opportunities and transformative forces that will shape industries and redefine possibilities. Having said that, there are some game-changing AI stocks that you should consider adding to your portfolio.

Dover has agreed to sell its automation, workholding and containment solutions company to Stabilus for an enterprise vale of $680.0 million. Stabilus STM, -0.09% will buy Destaco, part of Dover’s DOV, +0.82% engineered products segment, in an all-cash deal expected to close in the first half of 2024, Stabilus said in a statement. “This transaction

Meta Platforms (NASDAQ:META) has staged an impressive comeback from its lows last year, gaining over 250% to climb back above the $300 level. After the stock’s sharp ascent, some investors are wondering whether this rally has been overdone, and if this stock is due for a pullback. That’s especially the case if broader market sentiment

The Social Security Administration’s biggest day of the year is coming Oct. 12 when the annual cost-of-living adjustment will be announced. But don’t get too excited. The 2024 COLA for Social Security is expected to rise about 3.2%, according to estimates from the Senior Citizens League, a pro-senior think tank. That’s compared to an 8.7%

Archer Aviation’s (NYSE:ACHR) stock has surged over the past six months, doubling in price since March, thanks to growing interest in flying car stocks. However, it has also attracted a significant number of short sellers and faced criticism. Despite the skepticism, it’s not just “hope and hype” driving the bullish sentiment, and the short side

Drugstore chain Walgreens Boots Alliance Inc. named Tim Wentworth as its new chief executive Tuesday night. Wentworth — the former CEO of pharmacy-benefits manager Express Scripts — first announced the news in interviews with the Wall Street Journal and Bloomberg News. In statement Tuesday night, Walgreens WBA, +0.49% confirmed his appointment, effective Oct. 23. Wentworth

Apple (NASDAQ:AAPL) got the wind knocked out of its sails last week when KeyBanc Capital Markets analyst Brandon Nispel downgraded AAPL stock from Overweight to Sector Weight, the equivalent of Buy to Hold. It wasn’t a big deal as Apple finished the week up nearly 4%. However, since hitting a 52-week high of $198.23 at

If you’re a long-term investor – as in, you like to keep stocks for five years or longer – then you’ll probably do just fine holding Apple (NASDAQ:AAPL) stock. However, right now it’s not a risk-free investment. Even if Apple has been “magnificent” in the past, the company’s near-term future success isn’t assured. As we’ll discuss,

With GameStop (NYSE:GME) ensconced in a business that looks doomed to contract for the foreseeable future and the company embracing a losing strategy, GME stock looks poised to continue slumping in 2024. Also importantly, the retailer’s new CEO has little experience when it comes to leading brick-and-mortar retailers. In fact, one such company that took

Who will be the next speaker of the House of Representatives: Jim Jordan, Steve Scalise — or Kevin McCarthy? With an internal House Republican meeting set for Wednesday to select their nominee, the focus is on House Judiciary Committee Chairman Jordan of Ohio, House Majority Leader Scalise of Louisiana, and back on McCarthy. McCarthy, the

The new class of weight-loss drugs like Ozempic and Wegovy are having a negligible impact on PepsiCo Inc.’s snacks and beverages business, but the trend of healthier eating is causing customers to seek smaller packages and to consume less sugar and salt. That’s according to Chief Executive Ramon Laguarta, who spoke about the trends on the

Treasury yields continued to move sharply lower into Tuesday afternoon trading, as fed funds futures traders priced in a high likelihood that the Federal Reserve may not raise interest rates again. What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Y slipped 12.8 basis points to 4.949% from 5.077% on Friday. It was headed for its

Unsurprisingly, the current year has been depressing for cannabis stocks. Regulatory headwinds continue to play spoilsport and making stock predictions somewhat difficult. However, some attractive cannabis stocks to buy hint at potential breakout on the upside. First, even without legalization, one cannot ignore the immense addressable cannabis market. Some major companies have even been diversifying

The unprecedented ousting of Kevin McCarthy from the U.S. House speaker’s chair last week sparked a round of understandable anguish for investors and market analysts who saw yet more evidence of U.S. political dysfunction. After all, the move — the result of a vote forced by a handful of hard-right lawmakers in his own Republican