Anticipating the U.S. Securities and Exchange Commission (SEC) approval of a Bitcoin (BTC-USD) ETF, the digital currency exploded from an October low of about $25,000 to a high of $49,954.  Investors were hopeful it would open the floodgates for retail and institutional interest. Instead, approval was met with an expected sell-the-news reaction. It sent Bitcoin
Ahead of Tesla’s (NASDAQ:TSLA) upcoming quarterly earnings release, the TSLA stock sell-off has continued. The market has soured on electric vehicle plays, and not only smaller, more speculative names. Even this established and profitable EV market leader has become the victim of shifting market sentiment. Worse yet, there is a strong chance that this sell-off
There are many ways to add artificial intelligence (AI) technology exposure to your portfolio. Here’s an unexpected way to do this, while also positioning your portfolio for growth in 2024. Conduct your due diligence on Salesforce (NYSE:CRM) and, after discovering what makes this company essential to today’s businesses, consider a position in CRM stock. Just
As the market shakes out, it’s time to consider which EV stocks to avoid. It’s no secret that 2023 was an incredibly tough year for the electric vehicle industry. The industry is going through growing pains that have caused material demand issues that continue to reverberate throughout. That truth is reflected perhaps nowhere better than
Bargain hunters, beware! The outlook isn’t great for electric vehicle manufacturer Lucid Group (NASDAQ:LCID) stock as the company’s 2023 production and delivery numbers weren’t stellar. Consequently, it’s too risky to go on a bottom-fishing expedition with beaten-down LCID stock. Besides, the EV industry is generally having a demand problem. Giant automakers like Tesla (NASDAQ:TSLA) should be able to
Some of the worst and most deadly diseases affect our brains. In multiple sclerosis, the immune system “causes communication problems between your brain and the rest of your body,” preventing some victims from walking.” Brain cancer is often a quick killer, while Alzheimer’s, of course, causes victims to slowly lose their cognitive abilities and is