The Nasdaq continues to lead the three major stock indices and is currently near its all-time high. In fact, year-to-date, the Nasdaq is up 5%. That compares with a 4% gain in the benchmark S&P 500 index and a 1% increase in the blue-chip Dow Jones Industrial Average. Still, as well as the Nasdaq is
Certain companies stand at the edge in the global markets, capitalizing on emerging trends with massive gains. From the relentless push for cutting-edge semiconductor technology to the burgeoning demand for renewable energy resources and electric vehicles, investment opportunities are constantly shifting. In the ongoing market backdrop, three companies hold a decisive moat. The first one
In this article DVA HAS KHC ABNB MGM HOOD Follow your favorite stocksCREATE FREE ACCOUNT The Uber Technologies, Inc. logo is seen on a building on December 21, 2023 in New York City. Eduardo Munoz Alvarez | VIEW press | Getty Images Check out the companies making headlines in midday trading. Uber — Uber’s shares
Right now, the largest and potentially most important technological development of our lifetimes is underway. In fact, I’d wager that it could be more impactful than even the iPhone. And if I’m correct, it’s sure to change the world forever. What am I talking about? The AI Endgame. That is, last week, the Wall Street
Without a doubt, the meme-stock craze is over for the most part. Nearly all of the former meme favorites, from Gamestop (NYSE:GME) to Ocugen (NASDAQ:OCGN) to Vinco Ventures (OTC:BBIG), have lost the lion’s share of their peak values and are currently struggling, both from a fundamental perspective and in terms of their stock prices. Still,
The electric vehicle market has seen strong momentum these past few years, with industry experts expecting it to grow to $951.9 billion by 2030 with a 13.7% CAGR. Strong support from the government for the adoption of EVs has opened up opportunities for investors to look at related sectors. Lithium, one of the components for
In a fiercely competitive arena, Nio (NYSE:NIO) has actually been a pick of mine in the past. The company’s growth potential, in the highly coveted Chinese EV market, remains compelling for long-term investors. There are various demographic and secular tailwinds supporting the company, though Chinese growth concerns have eaten into much of that argument. Additionally,
In an era where luxury transcends mere possessions to reflect a lifestyle, the allure of luxury brand stocks goes beyond aesthetics. The same applies to investments in high-brand companies. Beyond the ebb and flow of markets, certain names stand with a static edge. This supports opulence with exponential growth potential. These three titans are reshaping
Bullish investors on QuantumScape (NYSE:QS) know how strong the company’s potential is in the solid-state lithium batteries space. Most fans, staying as positive as they can, believe the company is nearing commercialization. In 2024, QS will focus on QSE-5 cells, undergoing customer prototype testing, particularly with automotive original equipment manufacturers (OEMs). Initial results from A0
In the past few years, there’s no doubt that the technology industry has been booming. In 2022, the IT services market size was estimated to be $1.22 trillion and expected to continue growing at a CAGR of 9.7% from 2023 to 2030. This tremendous growth can largely be attributed to the demand for generative artificial intelligence and
This is the perfect time to consider the Rivian Automotive (NASDAQ:RIVN) stock outlook. The electric vehicle maker will release earnings on Feb. 21 and follow that up on Mar. 7 by unveiling its newest EV, the R2S. Rivian hinted the quarterly report will be better than expected as it pre-announced it topped production guidance of
Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) stock has experienced choppy price action since the tech giant’s earnings release last month, but my GOOG stock outlook calls for increased bullishness. I’m referring to the latest news about Gemini, Alphabet’s advanced AI language model, first unveiled in December. At first, you may think this latest news is nothing major. The market’s
A wave of consolidation is sweeping through the energy sector right now. Since last autumn, a number of billion-dollar takeover deals have been announced that are focused on the Permian Basin situated across parts of Texas and New Mexico. The consolidation comes as oil prices continue to slump and large energy companies struggle with declining
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
Augmented reality is admittedly in its infancy, but we can expect the sector to accelerate as recent innovations bring products to market and (ultimately) drive costs downward. Market value forecasts are a tricky metric to establish, but conservative estimates point to augmented reality being worth as much as $58 billion by 2028 while driving $38
Some wide-eyed stock traders might hope that China-based electric vehicle manufacturer Nio (NYSE:NIO) will be the “comeback kid” of 2024. However, after conducting thorough due diligence, our NIO stock outlook doesn’t call for any miracles this year. Indeed, the stock only gets a “D” grade because Nio’s EV-delivery stats show contraction, not growth. In China and elsewhere, a favorable economic
We are halfway through the earnings season, and what an exciting time this has been! Several companies have reported exceptional results, proving that the economy is on its way to recovery. We will see better days ahead, and the stock market could soar. While many companies have already announced results, several stalwarts have not yet.
Big-name tech stocks posted strong earnings to start the year. But, if you missed the boat on Meta (NASDAQ:META) or Nvidia (NASDAQ:NVDA), don’t lose hope. These tech stocks to buy now have plenty of room to run, and, in some cases, short-term news is putting undue downward pressure on share prices – offering an ideal
With several analysts beginning to question the sustainability of the current stock market trend, investors should look to blue-chip stocks for stability in case of potential corrections. Investors seeking to increase their portfolio value significantly should focus on companies with proven track records of innovation. Even if a company’s stock suffers during a market downturn,
As technology continuously finds better ways to improve our lives, we see advancements in self-driving cars, AI, cloud computing, and so much more. The growing interest in flying cars is one of the most exciting things catching our attention. Industry experts see the market reaching $23.4 billion by the decade’s end, a 52% CAGR. While