7 Hot Stocks Worth a Look After Earnings | InvestorPlace Skip to content Copyright © 2023 InvestorPlace Media, LLC. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201. Some of these hot stocks have been soaring; others – not so much February 22, 2023 By Luke Lango, InvestorPlace Senior Investment Analyst Feb 22, 2023,
Daily Trade
Nvidia Corp. shares jumped in after-hours trading Wednesday, as the graphics-chip specialist revealed it has mostly settled inventory issues and is focusing on opportunities in artificial intelligence. Nvidia NVDA, +0.48% founder and Chief Executive Jensen Huang revealed in a conference call Wednesday afternoon that Nvidia’s AI software will now be available in several cloud-computing offerings,
After plunging earlier this month, due to the poorly-received launch of its A.I. platform Bard, the dust seems to have settled when it comes to Alphabet (NASDAQ:GOOG,GOOGL). GOOG stock has found support in the mid-$90s per share. Some investors may see this as a sign that now is the right time to enter/add to a
St. Louis Fed President James Bullard on Wednesday said he thinks the U.S. economy is more resilient than many investors have thought. “I think markets have overpriced a recession in the second half of 2022 and overpriced a recession in the first half of 2023 and maybe they are overpricing the chances of a recession
Long-term investors of electric vehicle (EV) manufacturer Lordstown Motors (NASDAQ:RIDE) have a lot of catching up to do. There’s a chance that RIDE stock will recover, but it will take a while. Think in terms of years, not months. As you’re surely aware, Lordstown Motors has a lot of competition in the EV industry. You may
WASHINGTON — Amazon.com Inc. AMZN, -2.70% will be able to close its purchase of 1Life Healthcare Inc. ONEM, +2.87%, the operator of the One Medical line of primary-care clinics, without a legal challenge by antitrust enforcers. The Federal Trade Commission won’t sue in time to block the $3.9 billion deal, including debt, but will continue its investigation of the merger,
Quantumscape (NYSE:QS) shares have made some whipsaw moves over the past few trading days. Ahead of its latest quarterly results on Feb. 15, QS stock surged by nearly 32.3%, only to plunge by 17.2% the following trading day. Still, it’s up more than 90% on the year. It’s not a mystery as to why this
Welcome back from a three-day break honoring America’s founding father, which one congresswoman decided to celebrate by proposing a national divorce. Would a blue and red state split be good for stocks? Bad probably for defense contractors but there would be whole new asset classes opening up, so who knows. Investors tend to reward spinoffs,
Electric vehicle adoption is taking off and is poised to keep climbing tremendously in the coming years. First of all, New York, California, and the EU have all banned the sale of gasoline-powered vehicles starting in 2035, and the governments of those jurisdictions will all take steps to boost the sale of EVs in the coming years.
Is Marvel’s smallest superhero poised to become its next big hit? It’s off to a strong start. “Ant-Man and the Wasp: Quantumania” hit $120 million over its four-day Presidents Day opening weekend, Deadline reported Monday, exceeding some expectations. Box office forecasters had expected it to pull in between $95 million and $100 million in North America
Crypto hedge fund Galois Capital will close its flagship $200 million fund with half of its assets still stuck on the fallen crypto exchange FTX. The firm confirmed the shutdown on Twitter on Monday after the Financial Times reported the fund was closing. The fund suffered from the FTX blow-up last November, admitting that it
Electric vehicles have become a rage these days. With the government’s incentives, we will soon see a majority of EVs running on the roads. With a rise in demand for EVs, there will also be a surge in demand for batteries, and smart investors will know where to put their money. It is difficult to
Beloved “Die Hard” and “Moonlighting” actor Bruce Willis has been diagnosed with frontotemporal dementia, or FTD, his family revealed on Thursday, which is the most common form of dementia in people under 60. “FTD is a cruel disease that many of us have never heard of and can strike anyone,” read the statement signed by
Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) has rewarded investors who held its shares over the past decade. What about the past year, though? The results haven’t been stellar, and GOOG stock is likely to fall further as Microsoft (NASDAQ:MSFT) asserts its dominance over Alphabet in the red-hot artificial intelligence (AI) market segment. When it comes
The Sunshine State has an orange juice problem. Extreme weather, including an unexpected freeze in January 2022, and an incurable citrus disease that has affected orange groves have caused the cost of O.J. to rise. This is adding to the strain on household budgets already being squeezed by an overall rise in the U.S. cost
Sometimes, even the biggest technology companies have an off year. Such was the case with Apple (NASDAQ:AAPL), as AAPL stock didn’t reward its owners with outstanding returns over the past month. However, this doesn’t mean a $1,000 investment in Apple is a lost cause, as there could be a share-price rally just around the corner. It
Biden administration efforts to guarantee at least 500,000 electric-vehicle chargers across the U.S. in coming years got a boost with White House confirmation that Tesla will make at least 7,500 of its chargers — long notoriously limited to its own cars — open to any EV by the end of 2024. Tesla TSLA, +3.10% had
In January, media firm Buzzfeed (NASDAQ:BZFD) made headlines after its CEO proposed using ChatGPT to help generate “cultural currency” and “inspired prompts” for his site. The following week, meme stock Helbiz (NASDAQ:HLBZ) would join the frenzy… without any detail on how an e-scooter business benefits from using chatbots. Tongues would quickly start wagging. “The AI
Dear Quentin, After a terrible battle with dementia, my grandmother died a few weeks ago. She did not leave much, but I will — along with my siblings — receive about $40,000 in life insurance. I am trying to figure out how to best handle it. I have some credit-card debt that was incurred during
Can ChatGPT pick winning stocks? Many have already tried to goad OpenAI’s chatbot into the task. In January, a team at Bloomberg asked ChatGPT to pick a list of stocks for a market-beating ETF. They failed. ChatGPT’s safeguards immediately kicked in, leaving the writers with a generic non-answer about “unpredictable” markets and how they should
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