You might know Nvidia (NASDAQ:NVDA) mainly as a maker of graphics cards for video game consoles. However, Nvidia is becoming a power player in the artificial intelligence market. NVDA stock could move higher over the coming quarters as machine learning is a major theme of 2023, and Nvidia’s chief executive clearly wants the company to be
Ahead of Rivian Automotive’s (NASDAQ:RIVN) latest quarterly earnings release late last month, I expected investors would use any negative news as an excuse to bail on RIVN stock. This prediction proved accurate. Although there was good and bad with the early-stage electric vehicle maker’s quarterly numbers, key elements of its updates to guidance underwhelmed. As a
The Street is realizing what computer scientists and many observers have known for years: artificial intelligence has become tremendously powerful and will have a huge impact on our lives. Moreover, AI enables companies to perform tremendously valuable services for each other and consumers. Consequently, companies with outstanding, well-developed AI technology will become very profitable, making
With the market digesting comments issued by Federal Reserve Chair Jerome Powell, those willing to ride out the storm may want to target compelling bargain stocks to buy. Naturally, it’s always a heart-pounding moment to move into the fire. However, acquiring deflated securities may lead to significant upside – so long as you buy the
After two days of testimony from Federal Reserve Chairman Jerome Powell, the stock market is in a state of limbo. Investors are hyper focused on the hot stocks for tomorrow. Basically, investors want to know if the S&P 500 is about to enjoy another leg to the upside and take out the recent highs or
In this article SIVB ZUMZ MTN GPS DOCU ULTA ORCL Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration of the TradingView stock market chart of SVB Financial Group seen displayed on a smartphone with the SVB Financial Group logo in the background. Igor Golovniov | Lightrocket | Getty Images Check out the companies
With market uncertainty weighing on investor sentiment, market participants may want to concentrate on high-potential real estate investment trusts or REITs to buy. Primarily, this financial vehicle attracts buyers due to their typically strong yields. That’s because legal frameworks require REITs to pay 90% of their annual income as shareholder dividends. Another advantage to REITs
A Now Hiring sign is seen inside a WholeFoods store in New York City. Adam Jeffery | CNBC Economists expect hiring remained strong in February and that wages grew even faster than they did in January. February’s employment report is expected Friday at 8:30 a.m. ET. Economists forecast 225,000 new jobs were added in February,
While some financial advisors may recommend a small portion of their clients’ portfolios to be directed toward higher-risk ventures, hardly any will suggest speculative penny stocks. Suffering from technical issues such as low volume and extremely high volatility, this segment of the capital markets won’t be for everyone. However, those that know exactly what they’re
The tech sphere was among the worst hit last year for obvious reasons. The sector, known for having inflated valuations and low earnings, led to tech stocks cooling off. However, tech stocks have been building a nice head of steam of late, despite posting mixed fourth-quarter earnings. Therefore, it might be an ideal time to
By now, everyone has heard of ChatGPT – the conversational artificial intelligence (AI) chatbot partially owned by Microsoft (MSFT). It has racked up over 100 million users and is now being used by companies like Salesforce (CRM), HubSpot (HUBS), and even big law firms, too. All the buzz around ChatGPT has some saying that this
In this article CS PYPL SI’A SIVB GE Follow your favorite stocksCREATE FREE ACCOUNT jetcityimage | iStock Editorial | Getty Images Check out the companies making the biggest moves midday: General Electric — The stock gained 6.3% after the company provided an update ahead of its investor meeting, including reaffirming its 2023 guidance with high-single-digit
It feels strange to write an article about the best penny stock to buy on the same day Federal Reserve chairman Jerome Powell upended equity markets. In his testimony before the U.S. Congress, the Fed chairman reiterated that there would be no “Powell pivot” on interest rates. But he also said the Fed might have
Sometimes, it can be exciting to speculate on small businesses. Yet, the risk-to-reward proposition just isn’t favorable for Exela Technologies (NASDAQ:XELA) stock. Even though the company announced a round of funding, this doesn’t mean Exela’s shareholders should expect a comeback in 2023. Here’s the backstory. Texas-headquartered Exela Technologies specializes in business process automation (BPA). Because this
Will investors of California-headquartered electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) finally catch a break in 2023? The company hasn’t achieved profitability yet but has made progress in other respects. Besides, there’s an event happening this week that could drive interest in MULN stock. To put it mildly, it’s been a bumpy ride for Mullen’s
Oscar Wong | Moment | Getty Images Women don’t invest in the market at the same rate as men, and the reasons for this are more nuanced than lower earnings power. Experts point to factors like how women are perceived and treated by the investment community, among other hurdles for this gender investment gap. The
It’s no exaggeration to say that Enphase Energy (NASDAQ:ENPH), a seller of microinverter-based solar storage systems, is firing on all cylinders. The company is expanding its market presence in multiple regions and growing its revenue. Plus, an analyst just issued an eye-opening price target on ENPH stock. Ever since the Biden administration set aside $370 billion
Artificial intelligence, or AI, has become the next big thing for technology investors. As traders have gotten tired of past themes such as cryptocurrency and Web 3.0, it was time for a new idea to take hold. And AI has done just that. Thanks to ChatGPT, people are getting their first real taste of the
On today’s episode we have Dan Rasmussen, the Founder and Portfolio Manager of Verdad, which also releases research that I highly recommend you check out. For example, they have a high conviction around using the High Yield Spread to determine the current macro environment we’re in or entering into, which we discuss in depth. Verdad
The market continues to grind up, and you might be getting excited to take another chance at shorting. If you are looking to set up a shorting opportunity trade with options, this is a simple PUT VERTICAL SPREAD that you BUY in order to profit from a downside move. The options trade risk is defined