The global shift towards electric vehicles (or EVs) isn’t slowing down. But that’s hardly a reason to roll the dice with overhyped EV stocks. Plenty of companies stand to benefit from the vehicle electrification trend. Others, not so much. If successful in their respective “EV pivots,” incumbent automakers like Ford (NYSE:F) could become more profitable,
In this article OXY FREY WFC JOBY MU Follow your favorite stocksCREATE FREE ACCOUNT An employee scans an order in the shipping area at the Overstock.com distribution center in Salt Lake City, Utah. Ken James | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Freyr — Freyr Battery surged 18%
With private equity firms showing interest in the cybersecurity sector through acquisitions, now could be an opportune time to invest in cybersecurity stocks. Despite experiencing dips during market downturns, these stocks have maintained a strong growth trajectory. As the market turns bullish again, these companies should benefit. Investing in cybersecurity stocks is a logical choice
Cathie Wood, the visionary investor and founder of ARK Invest, focuses on disruptive companies at the forefront of innovation. With a keen eye for growth potential and an unwavering belief in transformative technologies, Wood has identified stocks that can reshape and lead industries and deliver substantial returns. This article delves into three of Cathie Wood’s current top-growth
A lot of once high-flying growth stocks have fallen on hard times. Many of the companies that thrived during the pandemic have been left out of the current market recovery and look unlikely to regain their former glory. A lot of these stocks are tied to unprofitable start-ups or companies whose services worked well when
Defying skeptics, i.e., the bears and the lion’s share of economists, the tech-heavy Nasdaq Composite was up a huge 29% so far in 2023 as of the afternoon of June 27. But this is not the second half of 2020. In other words, the vast majority of tech stocks aren’t soaring. Instead, this is a true “stock-picker’s
Among the most-followed names in the electric vehicle space, admittedly Rivian Automotive (NASDAQ:RIVN) is in a much better place compared to most of its early-stage EV maker peers. This has likely played a role in mitigating price declines for RIVN stock. Although shares have declined in price by around 51% over the past twelve months,
A Joby Aviation Electric Vertical Take-Off and Landing (eVTOL) aircraft outside the New York Stock Exchange (NYSE) during the company’s initial public offering in New York, U.S., on Aug. 11, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making the biggest moves in premarket trading: Joby Aviation — Joby shares gained
Now is a great time to look for the next trillion-dollar companies. With monetary policymakers from across the globe landing in Sintra, Portugal, for 2023’s ECB Forum on Central Banking, to say this week is significant for the economic realm would be an understatement. This year, the forum is centered on “Macroeconomic Stabilization in a Volatile
Penny stocks are known for their low price, which can make them highly sensitive to any bit of news surrounding the stock. One thing that investors frequently look for when considering which penny stocks to sell is to look at investor sentiment. Specifically, are insiders selling the stock. One motto of Peter Lynch, the
Despite facing challenges over the past six months, Rivian Automotive (NASDAQ:RIVN) is experiencing a potential turnaround. The electric vehicle producer is on the brink of a significant acquisition, which has positively impacted RIVN stock. Although the financial specifics of the deal are undisclosed, this development arrives at an opportune moment. Despite recent setbacks, Rivian’s performance
Psychedelic stocks have a bright future with 13.5% compound annual growth expected through 2029. That growth will certainly draw in investment funding that seeks to capitalize on growth, as psychedelic drugs quickly become a hot topic in the mental health space. Consumers are increasingly interested in mental health and overall awareness is increasing. Mental health
Artificial intelligence has been the talk of the town over the past few months, setting AI stocks on fire. Many mega-cap companies have joined the fray, investing billions in advancing the next-generation iterations of AI technology. Thus, whether we’re talking pure-play AI stocks, or companies making strategic pivots into this area, it’s clear that investors
Nvidia (NASDAQ:NVDA) is now worth over $1 trillion. But in recent days NVDA stock has been backing up. Since hitting a peak on June 20, it is down almost 5%. The market cap is still over $1 trillion entering trade June 27, but barely. Nvidia’s graphics processing units, which focus on math rather than executing
Today’s tech stock investors want exposure to the artificial intelligence market. Does The Trade Desk (NASDAQ:TTD) stock meet that requirement? Indeed it does. The Trade Desk’s management clearly understands the significance of machine learning tech in 2023. All in all, TTD stock gets a solid “B” rating and has the potential to move higher in the
2023 has been a great year for the Nasdaq, with the tech-heavy index up 30%. With inflation moderating and the Federal Reserve seemingly set to pivot in its interest rate hike campaign, things are looking up. But it’s not all clear skies. In fact, for some high-risk tech stocks, investors should use the recent rally
Longevity efforts are forefront of the news cycle today, due in large part to recent coverage of tech billionaire Bryan Johnson’s unique strategy to delay aging. This has investors trying to sniff out which biotech stocks to buy. But pumping millions into longevity research isn’t new. Big-ticket longevity backers include Amazon’s (NASDAQ:AMZN) Jeff Bezos and
Preston Pysh talks to Bitcoin expert Stephan Livera about the tech and risks moving forward. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:00:15 – What Was the Ah Ha Moment for Stephan in Bitcoin? 0:05:31 – What Does Stephan Think Most People Miss About the Tech on Bitcoin? 0:28:18- What Kind of Attack or
(0:30) – Stock Market Update: Everything You Need To Know As We Turn the Page on the First-Half (4:15) – Enphase Energy: Is It Time For You To Buy This Solar Energy Stock Down 50% From Its Highs? (10:40) – Is This Beaten-Down REIT Perfect For Your Stock Portfolio? Podcast@Zacks.com Ben Rains dives into where
There’s no denying that Palantir Technologies (NYSE:PLTR) stock provides exposure to the artificial intelligence trend. However, there are valid concerns that PLTR stock has run too high, too fast. So, be sure to time your entry point carefully if you plan to invest in Palantir Technologies. Palantir Technologies provides security products and serves both public and