This week, the seemingly unstoppable stock market rally hit some speed bumps. Now, though, it seems like those hiccups are already in the rearview mirror. And it’s time for stocks to rally again. The bullish inflection point came this morning with July’s job market report. The data broadly underscored that we’re in a “Goldilocks” situation.
Amazon workers sort packages for delivery in New York, July 12, 2022. Michael M. Santiago | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Amazon — The e-commerce giant surged 10% after delivering a massive profit beat and positive guidance. Amazon’s cloud and ad businesses also reported better-than-expected
What will the rest of 2023 look like for electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN)? Will it bring positive surprises or only disappointment? Now is not the time to throw in the towel on MULN stock, as Mullen Automotive and its majority-owned commercial vehicle business have good news to share. For one thing, Mullen
Financial traders have been buzzing about electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN) lately. RIVN stock ran fast in June and July, so is it a good time to start a share position now? I’d recommend caution and patience, even if you expect Rivian to thrive in the long run. Not long ago, Louis Navellier expressed
Artificial intelligence and data analytics are two of the most revolutionary technologies of our time, and at the heart of this revolution is Palantir Technologies (NYSE:PLTR). This software giant has carved out a significant slice of the market with its innovative data integration and AI-driven platforms, but is PLTR stock a wise investment choice after
With the uptick in the global alternative energy sector, hydrogen stocks have been thrust into prominence. With the sector flourishing rapidly, there’s no denying the potential for high-return alternative energy stocks. Some quality names in the hydrogen sector could deliver multi-bagger returns, illustrating the lucrative possibilities within the realm. According to GlobalData, the world’s production
As a new bull market emerges, plenty of industrial stocks are flying high. Yet while this may suggest the best move now is to buy industrial stocks, it may be better to sell industrial stocks instead. Why? Among higher-quality stocks in the industrials sector, the market may have overestimated how quickly economic challenges like inflation and interest
In this article OPEN TUP FTNT Follow your favorite stocksCREATE FREE ACCOUNT An employee of Tupperware Brands Corporation is at work on the production line at the group’s plant in Joue-les-Tours, centre France, on the day of its 40th anniversary. AFP PHOTO / JEAN-FRANCOIS MONIER (Photo credit should read JEAN-FRANCOIS MONIER/AFP/Getty Images) Jean-Francois Monier |
Consumer spending is changing as the economy recovers and travel restrictions ease, making it easier for them to indulge their impulses to travel. This phenomenon has pushed travel and airline stocks higher. With the market’s continued attention to airline stocks, it makes sense to have a closer look at where the market is heading and
With the new bull market taking a storm, now might be a good time to consider tech stocks to sell. 2022 was a rough year for investors, as the global economy battled with high inflation and rising interest rates. The stock market fell more than 20%, and small to large-cap tech stocks saw some of their largest
Bottom-fishers, take note: there are scores of penny stock opportunities out there. While major stocks have been on a year so far this year, penny stocks (or stocks trading for $5 per share or less) have delivered a more mixed performance. Near-term macro uncertainties continue to weigh no them more heavily than on, say, big
A spate of sector and macro-related developments has led to a pullback in chip stocks, Nvidia (NASDAQ:NVDA) stock included. Although NVDA stock has only experienced a single-digit price decline, you may be concerned that this may be the beginning of the end to the chip company’s 2023 super rally. However, it’s far too soon to
Is Palantir Technologies (NYSE:PLTR) too richly valued on Wall Street? After the powerful year-to-date rally in PLTR stock, it’s understandable if some investors don’t want to load the proverbial boat now. It’s not a bad idea to hold a few Palantir shares because of the company’s artificial intelligence angle. Palantir Technologies recently disclosed an collaboration that
The EV market has evolved, and Lucid Group’s (NASDAQ:LCID) stock performance no longer relies solely on hype. However, recent data indicates that Lucid hasn’t met expectations. With strong competition in the EV industry and what I’d suggest is only a “D” grade in stock performance, investors might find better opportunities elsewhere. The EV stock faces
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You don’t need another reason to justify AI stocks to invest in. According to Precedence Research, the global artificial intelligence market reached a valuation of $454.12 billion last year. Further, experts project that from 2023 to 2032, the segment will expand at a compound annual growth rate (CAGR) of 19%, leading to an industry worth
Machine learning stocks represent publicly traded firms specializing in a subfield of artificial intelligence (AI). The terms AI and machine learning have become synonymous, but machine learning is really about making machines imitate intelligent human behavior. Semantics aside, machine learning and AI have come to the forefront in 2023. Generative AI has boomed this year,
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There are cheap hydrogen stocks in today’s environment that might not stay cheap for long. Due to the explosion of interest in risky equities such as tech stocks, these emerging players all have great value catalysts ahead of them. Furthermore, the economy is also looking strong with low unemployment. Combining these factors, we see a
The battery market is a dynamic and fast-growing sector driven by increased demand from both governments and consumers alike for clean energy and transportation. Capturing market share in this sector requires competitive technology and access to lithium, nickel and cobalt. According to a recent industry report, the global battery market size was valued at $112.1