Investors remain confident in Nvidia (NASDAQ:NVDA) stock’s strong position in the generative AI race, despite US-China tensions. NVDA stock has risen 3% in July, outperforming the Nasdaq Index, and has surged 200% this year, reaching a market cap over $1 trillion. While investors are bullish on Nvidia’s potential, there are several key points they should watch
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Pros Roomier than most Impressive tech features Outstanding warranty Cons Skip the entry-level model What’s new? Revised styling Infotainment upgrade New X-Line trim The 2024 Kia Seltos is a repeat winner of KBB’s Best Buy Award in its class for its roomy interior, modern technology, and excellent warranty. Pricing starts at $24,390. The Kia Seltos
Since its inception, Tesla (NASDAQ:TSLA) has been defying norms and pushing boundaries. Its ambitious mission to “accelerate the world’s transition to sustainable energy” has propelled it to the forefront of the global EV industry. However, the TSLA stock narrative extends beyond its prowess in EV manufacturing. Its foray into areas such as autonomous driving technology,
Several crypto-related stocks and funds have staged a spectacular rally this year, outperforming major cryptocurrencies, despite U.S. regulators’ ongoing scrutiny of the industry. Crypto exchange Coinbase COIN, -0.91% shares rallied over 190% so far this year, and MicroStrategy MSTR, -0.91%, which holds more than $4 billion bitcoin on its balance sheet, saw its shares up
Funds associated with Cathie Wood’s ARK Investment continued to cull shares of Coinbase Global Inc. and Tesla Inc. on Monday, according to recent trade disclosures. The ARK Fintech Innovation ETF ARKF, +1.58% dumped 76,788 Coinbase shares COIN, +0.23% on the day, while the ARK Innovation ETF ARKK, +2.29% sold 127,266 and the ARK Next Generation
A handful of large-scale financial traders reduced or eliminated their positions in SoFi Technologies (NASDAQ:SOFI) stock. Should this be a deal-breaker for prospective investors? Not necessarily, as a high-court ruling could have a major, positive impact on SoFi Technologies and its stakeholders. It’s been fascinating to watch the market dislike SoFi Technologies for a while, and
Verizon Communications Inc.’s stock has been under pressure in the wake of recent reporting on legacy lead-sheathed cables used within the telecommunications industry, and one analyst worries the stock could stay in the penalty box. Edward Jones analyst David Heger downgraded Verizon shares VZ, -7.50% to hold from buy Monday, writing of his concerns after
China’s central bank on Monday injected liquidity into the nation’s financial system via its monetary instruments at unchanged interest rates, signaling a hold on benchmark lending rates this month after June’s cuts. The People’s Bank of China injected 103 billion yuan ($14.42 billion) of liquidity via the one-year medium-term lending facility at an interest rate
Why would the experts on Wall Street be so bullish on Advanced Micro Devices (NASDAQ:AMD) stock now? Probably, a major consideration is the company’s ambitious development of hardware to support artificial intelligence applications. But before you take a share position in AMD, consider whether you’re getting in at the best possible time. After all, the
What can the chart-topping K-pop group BTS teach us about how to advance our own careers? On the surface, that might sound like a silly notion — at least if you’re not aspiring to a career as a member of a globe-trotting boy band. But as I learned from reading the newly published book, “Beyond
As discussed in my last article on QuantumScape (NYSE:QS) stock, electric vehicle stocks began to rally at the start of July, on the heels of Tesla’s (NASDAQ:TSLA) latest delivery numbers. The TSLA rally has stalled, but interestingly enough, more speculative EV plays keep climbing. QS stock is no exception. Other early-stage EV names, like Lucid
Dear Quentin, My husband will be retiring at the end of August after working a high-pressure job for 31 years. We are both 64 years of age. Both of us have health insurance under my plan. I intend to work at least until I turn 65, when I will be eligible for Medicare, and will likely
July thus far has been a great month for electric vehicle stocks, and Nio (NYSE:NIO) stock is no exception. Already trending higher at the start of the month, NIO stock has kept climbing, making its way back to double-digit prices for the first time in months. Some of the latest rally for the China-based EV
“ The market is overbought, but the indicators are overwhelmingly bullish. ” The stock market, as measured by the S&P 500 Index SPX, +0.85%, is now racing to new 2023 highs. We continue to recommend holding a “core” bullish position. There is stronger resistance at 4630 but beyond that, the next resistance area is the
Over the past month, there’s been growing awareness about Quaclomm’s (NASDAQ:QCOM) potential to benefit from the growing integration of artificial intelligence applications. However, has this had an impact on the price of QCOM stock? Not really. Since chatter about this possible catalyst emerged, shares in the mobile chip maker have traded sideways. While up by
A leading global health body has declared that the artificial sweetener aspartame, commonly used as an ingredient in diet soda, chewing gum and vitamins, may cause cancer. But the World Health Organization’s report late Thursday also noted that people would have to be exposed to extreme amounts of aspartame — whether through diet, occupational exposure
The stock market has seen a strong rally in 2023, with the Nasdaq Composite up nearly 30% year-to-date. This has led to overvaluation in many growth stocks. It’s important for investors, even long-term ones, to periodically review their portfolios and identify overvalued stocks. Despite corporate America’s efforts to spin the narrative, here are three stocks
Threads appears to be unspooling. Since storming out of the gates with 100 million users in less than a week, Meta Platform Inc.’s META, -1.50% much-ballyhooed Twitter-killer has cooled in growth and engagement, according to data from market researchers Sensor Tower and Similarweb. On Thursday, the number of daily active users on Threads plunged 27%
According to delivery data, China-based electric vehicle manufacturer Nio (NYSE:NIO) isn’t firing on all cylinders. Yet, there’s a reason to watch NIO stock, even if you’re not prepared to go all-in on the shares. As a famous automaker opts to “play ball” with China’s government, Nio can now be more competitive and successful. I’ll admit, I’ve
Shares of Chinese cybersecurity companies were sharply higher on Friday, boosted by Beijing’s latest artificial-intelligence regulations that emphasized cybersecurity and data safety. Data protection solutions provider Zhongfu Information Inc. 300659, +19.98% jumped 20%, network security company Shenzhen GuoHua Network Security Tech Co. 000004, +10.02% surged 10% and Beijing Bohui Science & Technology Co. 688004, +7.98%
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