Stock Market

Fintech is revolutionizing the banking sector. In fact, artificial intelligence (AI), and blockchain could lead to a far more efficient and accessible system. Fueling the boom, we’re already seeing a good deal of global cashless payments. According to PwC, global cashless payment volumes are expected to jump to more than 80% by 2025. Plus, according
At first glance, the first-quarter 2023 results from electric vehicle (EV) manufacturer Tesla (NASDAQ:TSLA) don’t seem all that bad. However, many investors’ initial reaction was to sell TSLA stock. In the wake of this, opinions vary concerning the future trajectory of the Tesla share price. Fortunately, there is a dip-buying strategy that could work well
Is Wall Street’s opinion of Plug Power (NASDAQ:PLUG) optimistic or pessimistic? There’s an odd divergence between the ambitious consensus price target on PLUG stock and the multitude of downgrades. Still, hopefully, today we can wade through the sea of opinions and come to a conclusion about Plug Power. Plug Power is probably the most famous publicly
Source: Robert Way / Shutterstock.com Nio (NYSE:NIO) is facing rapidly increasing competition. Meanwhile, the company’s margins are also being pressured by an accelerating price war in the Chinese electric vehicle (EV) market. But that’s not all. Nio’s addressable market is quite limited and the firm lacks strong competitive advantages. Given all of these points, I
Investors have shown keen interest in biotech after Johnson & Johnson’s (NYSE:JNJ) impressive earnings beat that topped Wall Street’s expectations. The earnings beat reignited enthusiasm for biotech stocks, prompting investors to search for the next big players. The pharmaceutical giant’s adjusted earnings and revenue beat expectations, with strength reported in units including pharmaceuticals. J&J also
To say the market for initial public offerings (IPOs) is in a funk would be a major understatement. In 2022, the worldwide IPO market went from record-breaking levels during the Covid-19 pandemic into a full-on depression, according to an analysis by EY. In 2022, there were 1,333 IPOs held, down 45% from 2021. Proceeds from
Some people don’t take meme stocks seriously. However, video game retailer GameStop (NYSE:GME) is worth watching and possibly even investing in. However, even if you respect GameStop as a business, don’t just buy GME stock at any price. GameStop is in the midst of a transformative period. Last year, the company focused on e-commerce sales and
Analysts love SoFi Technologies (NASDAQ:SOFI). I love it too, and even own some. SoFi can do everything from banking and brokerage to loans and crypto. A new unit of the company can service your mortgage. Software acquisitions means it offers these services retail and wholesale. SoFi can even run other banks’ computing systems. This is
Interestingly, Plug Power (NASDAQ:PLUG) is generally favored by Wall Street’s experts even while PLUG stock can’t seem to get off the ground. Are investors missing out on a great opportunity? I’d say so, as Plug Power’s gigantic green hydrogen production facility could prove to be a major revenue generator. To be honest, it requires faith and