Meta Platforms (NASDAQ:META) has staged an impressive comeback from its lows last year, gaining over 250% to climb back above the $300 level. After the stock’s sharp ascent, some investors are wondering whether this rally has been overdone, and if this stock is due for a pullback. That’s especially the case if broader market sentiment
A box of Ozempic, a semaglutide injection drug used for treating Type 2 diabetes made by Novo Nordisk. George Frey | Reuters Check out the companies making big moves midday. Novo Nordisk — The Danish drugmaker stock added 5.5% after saying late Tuesday it was halting Ozempic’s kidney disease treatment trial after a committee said
Amidst the turbulence of economic forecasts, a shimmer of positivity glistens for consumer discretionary stocks. While the notion of a “soft landing” recession captivates the discourse among the investing punditry, a divided front is emerging. On the one hand, market experts are teetering on the brink of skepticism. They eye economic indicators and events with
After AMC (NYSE:AMC) announced on Sept. 26 that it would distribute Taylor Swift’s movie globally and over $100 million of advance tickets were purchased for the film, AMC stock soared 25%. Given that impressive rally, I believe that huge, record-breaking profits for AMC on the film are already baked into the stock. Moreover, the shares
Not long ago, Chevron (NYSE:CVX) CEO Mike Wirth predicted that the price of oil “probably is headed for the $100 mark soon amid tightening supplies.” If you agree, then you could capitalize on the oil bull market by holding CVX stock. Granted, there are other Big Oil business you can invest in besides Chevron. And
In the financial market’s AI race, investors are focusing on specific stocks. Palantir (NYSE:PLTR) has gained significant attention recently, with its stock more than doubling year-to-date, outperforming many other AI-related companies. For growth investors, the key question is whether PLTR stock is a worthwhile buy at its current levels or if its rally is mostly
With consumer spending trends likely to remain strong next year, MasterCard’s (NYSE:MA) revenue will probably continue to grow significantly in 2024. Moreover, the company’s financial results show that it can indeed perform well in the current economic environment and that it can more than hold its own against its many fintech challengers. And in another
The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, June 24, 2011. Jonathan Ernst | Reuters Securities traders are gathering in Washington. The big topic: trying to figure out what the Securities and Exchange Commission is doing. You know it’s bad when one of the session topics is
Threats of a recession have risen since July. Oil prices have reached beyond $90 per barrel, interest rates have risen to levels not witnessed since 2007, and during this period, the markets–Dow, S&P 500, and Nasdaq Composite–have all experienced a decline of approximately 6%. These factors affecting growth stocks should not be overlooked. As the
Over the past year, Mullen Automotive’s (NASDAQ:MULN) stock has been a rollercoaster ride, with wild price swings between 10 cents and $5. The incredible volatility has likely minted some hugely profitable trades for lucky speculators. However, for most investors, I suggest avoiding this battleground stock altogether. Despite intriguing long-term plans, Mullen’s historical price performance and
In this article NOVO.B-DK PXD XOM Follow your favorite stocksCREATE FREE ACCOUNT The Mobil logo and gas prices are displayed at a Mobil gas station on October 28, 2022 in Los Angeles, California. Mario Tama | Getty Images Check out the companies making headlines in premarket trading. Plug Power — The battery stock added nearly
Uncovering the next big thing in the stock markets can be akin to finding hidden treasure in the desert. Beyond the household names and Wall Street giants, diamonds are under the sand, poised for exponential growth and remarkable returns. The article explores the stock market’s gems, seven under-the-radar stocks quietly positioning themselves for a meteoric
Don’t sleep on Advanced Micro Devices (NASDAQ:AMD). The microchip and semiconductor company is fast becoming a leader in the market for advanced artificial intelligence technologies and taking market share from competitors in the process. This article will touch on the great reasons you should invest in AMD stock. While much of the discussion around AI
As uncertainty seems to dominate, it might be time to look for stocks to own during a downturn. For 10 straight months, investors enjoyed a strong comeback rally in the S&P 500. After plunging sharply into bear market territory last year, the broad-based index roared ahead 28% in 2023 to hit a peak at the
A lot of investors are interested in QuantumScape (NYSE:QS) as a long-term wager on solid-state EV battery technology. However, there are plenty of traders interested in QS stock for another reason. That would be QS’s potential to experience another turbo-charged rally. Such rallies have happened twice this year. Who’s to say a third one can’t
Procter & Gamble (NYSE:PG) stock is one of the quintessential defensive plays, but it stock hasn’t exactly been a safe harbor recently. Shares have dropped compared to that of the broad market. Now, there’s a good reason for this relatively large move lower. As many investors buy this stock for the dividend, the latest news
Microsoft (NASDAQ:MSFT) stock might be a “Magnificent Seven” play, but it still has challenges. It’s fine if you’re bullish on artificial intelligence technology. Just don’t feel the need to be a perma-bull as regulatory obstacles could cause ongoing problems for Microsoft. MSFT has risen substantially in 2023, especially after the company invested in the technology powering
Nervous investors are turning to defensive stocks, and there’s plenty of reason to be among their ranks. The U.S. Federal Reserve’s continuing battle to control inflation is the primary reason catalyzing increasing nervousness. A few weeks ago, the Fed signaled that rates will be held higher for longer. That introduced new fear into the markets.
It’s no secret that Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) CEO Warren Buffett is a major investor in Occidental Petroleum (NYSE:OXY). It’s been reported that Buffett holds more than 2.24 million shares of OXY stock and collects substantial quarterly dividends from those shares. Yet, Buffett wouldn’t just buy a stock to collect dividends. To meet Buffett’s criteria, Occidental
For the second straight year, American states will receive huge amounts of money allocated by the Bipartisan Infrastructure Law. For example, New York state is getting $2.76 billion for the current fiscal year, Vermont is receiving $329 million, and Oregon is obtaining $757 million. Most of these funds will be used to bankroll traditional transportation