Stock Market

For the past several weeks, amid a flurry of positive developments in the self-driving industry, we have been pounding the table on autonomous vehicle stocks.  Indeed, just consider: Waymo is already delivering 100,000-plus autonomous rides per week throughout Phoenix, San Francisco, and Los Angeles. And it’s set to expand to Austin, Texas and Atlanta, Georgia

The third-quarter earnings season has officially begun, kicked off today by big-name banks like JPMorgan (JPM), Wells Fargo (WFC), and BlackRock (BLK). All topped earnings expectations.  Now, this is just a taste of the results to come. But despite the market’s uncertainty surrounding inflation and incoming rate cuts, we’re confident this earnings season will help

When a revolutionary new product launches, what’s the best way to invest in its success? By buying that product-maker’s stock… right? Maybe not.  Just consider: ever since Apple (AAPL) launched the first iPhone in June 2007, Apple stock has taken off like a rocket ship. It has risen more than 6,000% in value since that

About a month ago, I flew home from a work trip into Phoenix Sky Harbor International Airport. It was late. My wife and kids were asleep. So, I fetched a ride from a ride-hailing app. The car arrived. It took me to my home in the suburbs. Dropped me off.  It was a typical ride-hailing

For the past several months – really, since ChatGPT’s launch in late 2022 – we’ve been laser-focused on all things artificial intelligence. And of course, the AI Boom that’s unfolding right now presents a lot of opportunities as well as risks. I mean, just imagine. This powerful tech could do things like help researchers develop

Today, stocks are rallying to fresh record highs. Though, that’s not necessarily news; it’s been happening all year long. But I’d argue that today is much more than just your average “good day” on Wall Street. In fact, this could be the Street’s best day of 2024.   Now, that’s not because stocks are posting their

Editor’s note: This article was previously published under the headline, “New Survey Shows Companies Are ‘All In’ on AI”. It has since been updated with new information. AI has taken the world by storm, becoming the hottest sector on Wall Street, dominating media headlines, and leading conversations. Bain & Company, one of the world’s largest

Wall Street loves artificial intelligence no matter what flavor it comes in. After intelligent voice leader SoundHound AI (NASDAQ:SOUN) reported second-quarter earnings on August 8, analysts engaged in a round of raising their price targets on SOUN stock.  They now have a $7.08 per share consensus view for the stock, which implies a 42% upside

Palantir (NYSE:PLTR) stock is a company to watch as it heads into its earnings season for the third quarter. My recommendation for investors to hold this stock. Palantir stock continues to show strong revenue growth. I have concerns about the firm’s valuation and its ability to improve profitability. The third quarter will be an important

Electric vehicle manufacturer Tesla (NASDAQ:TSLA) might be the least loved Magnificent Seven member. Oddly enough, Tesla is either a pioneer or a pariah, depending on whom you ask about it. The best way to sum up Tesla’s current situation is: “It’s complicated.” Therefore, if you intend to buy Tesla stock, only purchase a few shares and have

Is there an artificial intelligence (AI) stock bubble that’s only starting to burst, or is the latest sell-off nothing more than a healthy, much-needed correction? That’s the big question on investors’ minds as they contemplate buying the dip in previously heated growth plays that are starting to show signs of bottoming out. Of course, only

A lot of analysts have been discussing the potential of Apple’s (NASDAQ:AAPL) stock from the lens of the company’s slowly declining innovative edge. After all, 2023 marked the first year that Apple’s sales for devices like the Mac and iPad dipped substantially from the year prior. Whether it was a lack of innovation or declining

Amazon (NASDAQ:AMZN) has long been a powerhouse in both e-commerce and cloud computing, captivating investors with its growth potential. However, recent market dynamics have led to question marks as to how Amazon stock may behave in the rest of 2024. After its latest earnings report, AMZN shares declined around 10%, exacerbated by a broader market

Advanced Micro Devices (NASDAQ:AMD) has been living in the shadow of its larger rival, Nvidia (NASDAQ:NVDA), for quite some time now. In less than a year, AMD has gone from being seen as a peer to Nvidia to more of a “Nvidia-lite” in the eyes of many investors. The stock tends to move in tandem

Every investor is well aware of the volatility sweeping the markets over the past few weeks. The same investors are trying to understand whether a market meltdown or massive opportunity is ahead. While no one knows with 100% accuracy there are several stocks investors should watch to get a better grasp of the future market

Always pay close attention to new stock price targets from firms, like Needham.  While the firm won’t always get it right, price upgrades are still worth paying attention to.  Perhaps they’re seeing favorable industry trends that are impacting a covered stock. Maybe the financial health of a stock based on earnings or guidance is improving.

The recent plunge investors have seen in Super Micro Computer (NASDAQ:SMCI) has been truly remarkable. Shares of the server and storage giant surged more than 1,200% during the recent AI boom but have since dropped more than 50% from their peak. That said, there are reasons why many investors view SMCI stock as a strong

Apple (NASDAQ:AAPL) stock has long been the gold standard in tech – the most valuable company in the world, with a fanatically loyal customer base and an unmatched track record of innovation. For years, investors flocked to AAPL as a safe haven, a stock you could count on for steady, reliable returns in both good

Rivian’s (NASDAQ:RIVN) Q2 results were mixed. I feel that this quarter will be crucial for Rivian’s stock performance. Revenue increased. It grew 3% year-over-year. Revenue reached $1.158 billion in Q2 2024. This beat analyst estimates of $1.13 billion. Another positive was the delivery of 13,790 vehicles. However, production dropped by a significant percentage: 31% from

Former president Donald Trump’s running partner for the 2024 presidential contest is JD Vance. Declared in mid-July 2024, this choice positions Vance as the Republican vice-presidential candidate alongside Trump himself. JD Vance follows Donald Trump’s populist agenda and draws on his venture capitalist and political expertise to shape economic policy and investing strategy. Thus, JD