Daily Trade

Despite the U.S. stock-market rally this year bolstered by the euphoria around artificial intelligence and hopes that the U.S. economy can avoid a recession as inflation falls, stock prices have been anything but simple to predict this year, a challenge exemplified recently by some of the Wall Street’s most prominent analysts. Oppenheimer Asset Management analysts

I don’t know if you’ve been following the Elon Musk rebranding of Twitter. He’s now calling it “X” and plans to turn the social media platform into a super app where you can do just about everything. “In the months to come, we will add comprehensive communications and the ability to conduct your entire financial

The Mega Millions jackpot climbed to $1.05 billion this week, marking the fifth time in U.S. history that the lottery game’s prize has climbed over the billion-dollar threshold. How did it get so high? There have been 29 straight draws without a Mega Millions winner since April 18, and the $1.05 billion jackpot is tied

Li Auto (NASDAQ:LI) stock could be on the move as the company is due to report earnings Aug. 8. Analysts expect about 24 cents/share of earnings on revenue of $3.7 billion. Those are huge gains from a year ago, when there was a loss of 3 cents per share on revenue of $1.22 billion. Things

Dear Quentin, I don’t know if any of your readers have had similar experiences, but here goes. I received a call from my bank, Citibank, and was told that I had been the victim of online fraud. Except it wasn’t Citibank. It was late on a Sunday evening, and I was tired and getting ready

Recently reported results of several electric vehicle (EV) makers indicated that EV sales have been resilient so far this year, despite persistent macroeconomic challenges. Government incentives and price cuts by most EV makers have driven higher volumes. Citing data from Motor Intelligence, a Wall Street Journal report highlighted that U.S. EV sales increased 50% to

Virgin Galactic Holdings Inc. reports its second-quarter results after market close Tuesday, as the private space company ramps up its commercial operations. Analysts surveyed by FactSet expect Virgin Galactic SPCE, +8.91% to report a loss of 51 cents a share and revenue of $1.2 billion. In June, Virgin Galactic made its first commercial flight when

Oil futures rose early Monday, with both Brent and West Texas Intermediate crude on track for big monthly advances following strong economic data. Price action West Texas Intermediate crude for September delivery CL00, +1.04% CL.1, +1.04% CLU23, +1.04% rose 77 cents, or 1%, to $81.35 a barrel on the New York Mercantile Exchange. September Brent

For many, the Beanie Babies craze of the ‘90s was a harsh lesson in bubble economics. Meaning, they bought the popular stuffed animals and looked to cash in as their value increased, only to see the market tank by the early 2000s. But here’s the twist: There’s actually still a market for those cutely-designed plush

Dear Moneyist, I attended a destination wedding in the spring. I didn’t bring a gift because I didn’t want to carry a large item with me on the plane and then make the newlyweds transport it home. The couple didn’t have a registry, but a month ago I bought them a gift and had it

Advanced Micro Devices (NASDAQ:AMD) CEO Lisa Su has achieved almost heroic status. Moreover, AMD stock has rallied sharply in 2023 so far. Yet, not every expert on Wall Street is bullish about Advanced Micro Devices (commonly abbreviated as AMD). Ultimately, it’s smart for investors to get both sides of the story and maintain a reasonable

Li Auto (NASDAQ:LI) stock has had an interesting year. The company has done very well making plug-in hybrid vehicles, battery-powered cars backed by gasoline engines. A PHEV avoids many trade-offs plaguing other electric cars. Lithium ion batteries are heavy. They have less energy density than gasoline, even with the weight of an engine added. Li’s

In the modern age, people are ready to get excited about flying car industry stocks.  Excitement continues to build around flying car stocks following recent positive news in the sector. California startup Alef Auto got FAA certification to test its Model A vehicle. That vehicle could become the first vehicle that can both fly and

Nvidia (NASDAQ:NVDA) stock has had a spectacular run, but there is no guarantee that its success will continue. Competitors like Intel (NASDAQ:INTC) and AMD (NASDAQ:AMD) are rapidly innovating and introducing more advanced chips that may eventually surpass Nvidia’s offerings. In this article, we will delve into the potential risks that may limit Nvidia’s growth, and evaluate

Get ready for an unpopular opinion. Nvidia (NASDAQ:NVDA) is a darling of the market, which is fine to a certain extent. Yet, perhaps it’s too much of a darling now. Because so many of Wall Street’s experts are ultra-bullish and have outsized expectations for Nvidia, this would be the right time to reduce your exposure to

Microsoft (NASDAQ:MSFT), a tech giant globally known for its robust portfolio of services and products, has had a remarkable surge in its performance. We’ve all heard about the “Magnificent 7,” and it’s clear that MSFT stock owners have meaningfully outperformed relative to the S&P 500. Microsoft’s financial health has been consistently robust, with the company

Among electric vehicle stocks, Nio (NYSE:NIO) is one that makes big moves, on news both directly and indirectly tied to the China-based EV maker’s potential prospects. A prime example of this is with the reason behind the latest spike in price for NIO stock. Already trending since the start of the month, NIO stock made

Wind and solar will continue to get the lion’s share of the headlines as it relates to the world’s clean energy transition. However, it may also be time for investors to consider investing in clean water stocks as part of a balanced clean energy portfolio.   Concerns about water quality will drive the growth in

For many investors, the sudden rise of Nvidia (NASDAQ:NVDA) stock is a mystery. Telling them it’s about AI only deepens the mystery. This means many people are getting in on a good thing without knowing what the good thing is. Since the start of 2023, NVDA stock is up over 210%. They’re worth 48% more than

Over the past few years, Amazon’s (NASDAQ:AMZN) performance has been a roller-coaster ride. AMZN stock plummeted by 50% from January to December 2022 as market concerns grew about the impact of inflation and potential interest rate hikes by the Federal Reserve. However, in 2023, the stock has been on fire, substantially undoing a big chunk