Daily Trade

Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) faced an unusual setback when the stock dropped by over $100 billion following a mishap with its generative AI earlier in the year. Specifically, its Bard chatbot ad provided inaccurate information. Furthermore, analysts criticized the company’s AI search event for lacking details on responding to Microsoft’s (NASDAQ:MSFT) ChatGPT challenge in Feb. Alphabet is in a favorable

Donald Trump’s arraignment will not be televised. In an order issued Monday night, New York Supreme Court Judge Juan Merchan said recording equipment and electronic devices, including cellphones and laptops, will not be allowed in his Manhattan courtroom Tuesday when the former president is arraigned in state court. A group of news organizations had petitioned

In recent weeks, investors have started to become charged up again about China-based electric vehicle company Nio (NYSE:NIO). Sentiment for NIO stock has shifted back to positive, resulting in a rapid move for shares back to double-digit prices. Several recent developments have played a role in getting the stock back on an upward trajectory, but

When former President Donald Trump turns himself over to authorities in New York on Tuesday and is arraigned, the charges on which a Manhattan grand jury indicted him will likely be made public. Manhattan District Attorney Alvin Bragg obtained the indictment on March 30 following a grand jury vote, but the exact charges against Trump

Machine learning software specialist C3.ai (NYSE:AI), has received a lot of press coverage this year, but is AI stock worth your attention now? Some analysts are skeptical. Yet, the bullish argument might prevail in 2023 and beyond as C3.ai is a strong contender in the high-conviction artificial intelligence market. Without warning, machine learning became a top-trending

Bernstein analyst Stacy Rasgon had been vocally bearish on Intel’s stock since mid-2020, but he ended that call this weekend. “We have been decidedly negative on Intel’s INTC, +1.81% prospects for quite some time, a stance clearly justified by the company’s utter collapse as a weakening market and poor decisions shaved billions off the top

Energy markets were bracing for a volatile open late Sunday, after Saudi Arabia led a surprise oil production cut across several OPEC + nations that will remove more than one million barrels of oil a day from May. In an announcement on Sunday, Saudi Arabia’s Ministry of Energy stated that the kingdom will implement a

If you’ve been looking for IPOs to watch out for in 2023, you’ve likely come up empty-handed. According to Renaissance Capital, just 29 companies have gone public in the United States so far this year, raising $2.3 billion in proceeds. That’s 61% and 10.5% higher than in 2022, respectively. But it still pales in comparison

Baby boomers edged out millennial home buyers, according to a new report, thanks to high mortgage rates and home prices. According to an annual report by the National Association of Realtors, baby boomers make up 39% of home buyers, up from 29% last year. At the other end of the spectrum, Generation Z only makes

“Cathie Wood Stocks” is a phrase that many investors have come to recognize. As a tech hawk and the founder of Ark Investment Trust (NYSEARCA:ARKK), Cathie Wood is known for her aggressive plays in the stock market — but that doesn’t mean she’s without mistake.  In this article, we’ll examine three of the stocks that

The bottle Half Shell Vodka, $24.99 The back story We’re about to head into April, which is Earth Month. And that had me thinking about booze with an earth-minded point of view. Of course, there are wines made with biodynamic practices. Or grain-to-glass whiskey. But here’s something else: A vodka that’s bottled in…cardboard. Half Shell

Analysts have a lot to say about electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN). Some of what they’re saying is positive, but there are some cautionary notes as well. By and large, however, the experts on Wall Street generally expect RIVN stock to move higher. So, consider taking a share position in Rivian for the

The world has seen many memorable photos of Donald Trump, from those of him taking the oath as U.S. president to those of him taking a swing on the golf course. But none may prove as memorable as the Trump picture that’s likely to be taken next Tuesday, and possibly released soon thereafter. Namely, the

As you likely know, First Republic (NYSE:FRC) has been making headlines lately, and not in a good way. Over the past month, FRC stock has fallen by more than 88%. The fears driving these declines have been well-founded. Following the collapse of SVB Financial’s (OTCMKTS:SIVB) Silicon Valley Bank (or SVB) subsidiary, the San Francisco-based bank,

Inflation and recession worries, followed by a banking crisis, drove billions of investor money into cash in the first quarter of 2023 — the most since the pandemic’s outbreak. That’s according to the latest “Flow Show” survey from Bank of America released Friday that reported $508 billion flowing into the perceived safer haven of cash

Many Lucid Group (NASDAQ:LCID) stock investors are underwater now, but they shouldn’t lose hope. A share-price recovery is likely, as the market has already punished Lucid for its lackluster 2022 performance. Besides, Lucid Group’s market presence is expanding abroad, and the automaker could establish a strong foothold in Saudi Arabia. The bears and short-sellers will undoubtedly

Netflix Inc. is cutting ties with two longtime creative executives amid a restructuring that will result in the streaming service making fewer movies each year, according to reports late Thursday. Bloomberg News reported the restructuring of Netflix’s film group will combine the small and mid-sized film units, and will result in some layoffs. Lisa Nishimura,

After plunging during February, shares in Google parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) rallied during March. Trading for just under $91 per share at the start of the month, as of this writing, GOOG stock changes hands at around $103 per share. The stock is near price levels last seen just prior to the tech giant’s poorly

The month of March is winding down in a not-too-shabby fashion as the banking mess seems calmer for now. After an ugly February, the S&P 500 SPX, +0.62% is set for a 1.4% gain, while the Nasdaq Composite poised to bounce 4%. As MarketWatch’s Isabel Wang reports, tech stocks have drawn safe-haven allure amid the

Last week, I noted that short sellers were playing with fire by betting against GameStop (NYSE:GME). High call volumes and low short float meant the meme stock could quickly become a massive short squeeze. On Tuesday, GameStop shareholders scored another win: The company announced its first profit in two years. Shares in the videogame retailer