The electric vehicle market is accelerating (pun intended). According to S&P Global, by 2030 one in four new passenger cars sold worldwide will be an EV. In fact, top automakers are expected to account for more than 70% of global EV production by 2030. According to U.S. investment bank Goldman Sachs (NYSE:GS), half of all
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Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Shutterstock — Shares of the stock image, video and music provider jumped 10% after Shutterstock announced a six-year, expanded partnership with OpenAI, the maker of ChatGPT. Newell Brands — Shares of the consumer goods company jumped more than 10%
Investors are actively seeking AI stocks as businesses increasingly utilize artificial intelligence for improved customer experiences and revenue growth. While many AI-related stocks have seen significant gains, a few companies continue to offer promising investment opportunities. Here are three top AI stocks to consider for July, allowing investors to position themselves for the AI boom.
The tailwinds behind energy stocks are greater than the purported headwinds because the demand for oil and gas is so large. The global under-investment in fossil fuel production over the past 10-plus years has put the industry in a unique position. Although the economics for more oil and gas exploration didn’t always make sense, it’s
After a swift rally in SoFi Technologies (NASDAQ:SOFI) stock, a pullback ensued but caution is still advised. Recent developments pertaining to student loan repayments, and the benefits that SoFi Technologies will gain, were already anticipated and factored into the SoFi Technologies share price. So, don’t be surprised if the shares decline to $6 in the coming
Meta Platforms (NASDAQ:META) stock is up 144% so far in 2023, and likely to head higher. The gains in META stock are mostly based on speculation. Revenue for the first quarter was up only 3% from a year ago. Net income was down 24%. Analysts expect earnings to be down 15% for the year. The
In this article WDFC AMZN USB JPM Follow your favorite stocksCREATE FREE ACCOUNT JetBlue Airways Airbus A320-200 aircraft as seen on final approach landing at New York John F. Kennedy International Airport in USA. Nicola Economou | NurPhoto | Getty Images Check out the companies making the biggest moves in premarket trading: JetBlue Airways —
It’s a shame that so many financial traders have never even considered China-based electric vehicle manufacturer Li Auto (NASDAQ:LI) stock. That’s fine, though, as LI stock could be a secret weapon in your portfolio. After all, you’re bound to be impressed with Li Auto’s delivery figures. Previously, I recommended trying a $1,000 share position in Li
As the ghost of inflation continues to haunt the U.S. economy, investors have the daunting task of navigating the choppy financial markets. Amid the uncertainty, high-risk stocks in inflation are under the scanner for most investors. Even as reports suggest an easing in consumer price increases, the stubbornness of inflation persists, raising concerns over the
Investing is an activity that demands prudence and careful consideration. Despite the appealing allure of high returns, not all stocks that seem attractive at face value are indeed truly valuable or even sustainable in the long run. In particular, certain risky stocks may appear enticing due to their rapid growth or hype in the market,
Gold mining stocks present a conundrum for prospective investors. On one hand, the ambiguities in the market and the broader economy may spark the fear trade. If so, the underlying yellow metal should see increased demand. But on the other hand, the Federal Reserve might start raising interest rates again. Higher borrowing costs don’t exactly
It’s no secret that the past couple of years have brought volatile, less-than-ideal financial conditions for many corporations. As we continue to move toward a post-pandemic state of recovery, any signal of economic normalcy stands as a symbol of hope and optimism for better times ahead. One of such signal appeared on June 30, as
Artificial Intelligence is everywhere and has become a hot trend. Electric vehicles, cloud computing, automated robots, or machine learning, you name it and AI is present there. Whether it is the impact on employment and productivity or the potential to shape the future, AI is here to stay. As per Grandview Research, the global artificial intelligence
What a difference six months can make. Blockchain stocks have rebounded big time this year, along with the entire cryptocurrency sector. With the price of Bitcoin (BTC-USD), the biggest crypto by market capitalization, up more than 80% year to date, the entire ecosystem for digital assets has exploded. None more so than the stocks of
EV stocks are back on Wall Street’s priorities after Tesla (NASDAQ:TSLA) delivered 466,140 vehicles in Q2, beating expectations of 445,924. These numbers indicate that EV company growth is far from over for. Further expansion is only natural since EVs only make up some 1% of the 250 million vehicles on the road in the U.S. This
In this article NVAX DKNG LCID CVNA Follow your favorite stocksCREATE FREE ACCOUNT A Carvana used car “vending machine” displays vehicles on December 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Carvana — Shares soared 10% in midday trading. The company said on Monday
The electric vehicle boom is accelerating – with no signs of slowing down. In fact, thanks to a strong Federal push for decarbonization, EVs already make up 10% of the nation’s total light-duty vehicle market, says American City and County. So, looking at how to get rich with EV stocks makes sense. President Biden wants that
In this article FSR META AAP Follow your favorite stocksCREATE FREE ACCOUNT An exterior view of the Advance Auto Parts store at the Sunbury Plaza. Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves before the bell: Advance Auto Parts — Advance Auto Parts declined 2.4% in the premarket
It’s no wonder people are attracted to dividend stock investments. Not only are the companies typically successful, profitable enterprises, but they usually have a long history of surviving various market cycles. Dividend stocks also handily outperform their non-income-generating brethren over time. In 2013, J.P. Morgan Asset Management published a paper that explored this superiority. It found that
This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. Thai and Cambodian people have long played “Makruk,” a Southeast Asian version of chess. Queens and bishops move more like checkers pieces, and pawns can turn into “Makruks” – or queens – once they