The Nasdaq is off to a scorching start in 2024. The Nasdaq 100 Index is making new highs seemingly almost every week, and glamor stocks in fields such as artificial intelligence (AI) and semiconductors are blasting off. This has left some investors worried about a potential bubble. There are definitely some significantly overvalued Nasdaq stocks
0 Comments
Palantir (NYSE:PLTR) stock jumped 25% last Tuesday after the data analytics firm announced a surge in AI-related demand. U.S. commercial revenues rose 70% year over year, driven by a 55% increase in customer count and rising contract values. “AI has radically recalibrated customer expectations for software,” said chief technology officer Shyam Sankar during the company’s
0 Comments
Dear Quentin, My father passed away several years ago. My parent’s home has long been paid for and my mother probably has roughly $120,000 in liquid assets (bank accounts, CDs and a retirement account). My sister and I are the only children, and our names are on the deed as second life tenants. Ownership would
0 Comments
This past week brought more good news for the Democratic Party. Suburban voters in New York state’s 3rd District successfully flipped the Congressional seat previously occupied by expelled former Republican Representative George Santos. Democratic candidate Tom Suozzi enjoyed an impressive almost 8-point victory, defeating GOP challenger Mazi Pilip, receiving just under 54% of the vote.
0 Comments
February means Valentine’s Day and romance. But if you’re stubbornly holding F-rated stocks to sell in your portfolio, you’re just setting yourself up for heartbreak. The stock market is off to a solid start this year, with the Dow Jones Industrial Average up 2%, the S&P 500 index up nearly 5%, and the tech-heavy Nasdaq
0 Comments
Cloud computing has revolutionized how we access and protect data. This technology has helped organizations become more efficient and keep costs low. Additionally, it has paved the way for greater flexibility and scalability in managing information and fostering innovation in the ever-evolving landscape of data management. All of this combined has made cloud computing stocks a
0 Comments
Nvidia (NASDAQ:NVDA) surprised many investors in 2023 with exceptional gains and financial reports to back them up. The company became a frontrunner in the artificial intelligence (AI) industry and still has plenty of runway left.  NVDA’s success brought more attention to other semiconductor stocks and firms that specialize in AI. Any hint of a tailwind in
0 Comments
Investors will have to wait until at least July for those widely expected interest-rate cuts, according to one Federal Reserve president’s outlook. Atlanta Fed President Raphael Bostic said rate cuts probably wouldn’t be suitable until the third quarter given the current strength of the economy.  That’s a quarter earlier than he originally predicted, Bostic said,
0 Comments
Semiconductors provide functionality and life to the digital age. Everything from our smartphones, tablets, PCs and even cars are, in some way or another, powered by these tiny silicon-based devices. While providing functionality to a multiplicity of electronic devices in the modern era, semiconductors are also critical to supercharging technological revolutions, including breakthroughs in artificial
0 Comments
Wendy’s is taking an ”always on” approach to breakfast advertising. Wendy’s Co. Shares of Wendy’s Co. slumped Thursday, after the burger chain reported fourth-quarter profit that disappointed Wall Street, amid higher cloud-computing costs, and provided a 2024 outlook that was below forecasts. The company also announced investments to boost growth, including $55 million in breakfast
0 Comments