The market’s strong rebound this year is driven by excitement over AI advancements, boosting major indexes. Nvidia (NASDAQ:NVDA) stock dropped 4.9%, Microsoft (NASDAQ:MSFT) fell 2.7%, and Alphabet (NASDAQ:GOOG) slipped 2.4%, partly due to credit rating agency Fitch downgrading the U.S. debt rating. Quarterly results of another AI-focused firm fell short of expectations, contributing to the
Many investors aim to achieve passive income for comfortable retirements. This requires careful planning and financial discipline. One strategy is to invest in dependable dividend-paying stocks that have a history of stability and consistent payouts. Of course, not all dividend stocks are created equal. Some have dividend yields that are unsustainable. Others simply lack the
After more than a year at sub-$10 per share prices, including a brief trip to penny stock territory, SoFi Technologies (NASDAQ:SOFI) shares are back in the double-digits. Chalk this all up to a well-received earnings late last month for SOFI stock. However, almost as quickly as they spiked back into the low-teens, shares in this
This week, special counsel Jack Smith brought four charges against Donald Trump. The indictment against the former U.S. president alleges that he conspired to overturn the 2020 presidential election, severely undermining the electoral process. For the first time in our nation’s history, we are preparing to put a former president on trial for attacking the
Income investors should focus on stocks that pay solid yields but also those that have sustainable payouts and strong business models. The Dividend Kings are an excellent place to look for stocks with sustainable dividends, as they have raised their dividends each year for more than 50 consecutive years. The following three Dividend Kings have
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
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
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 |
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
Many investors, including a significant number of very wealthy individuals and institutions, are becoming enthralled with AI stocks. According to Goldman Sachs (NYSE:GS), up to $200 billion could be poured into the technology by 2025. If Goldman’s estimate is anywhere close to correct, many AI stocks are going to rally tremendously. As always, emulating the
In this article DKNG AMZN COIN BKNG DBX AAPL Follow your favorite stocksCREATE FREE ACCOUNT Sheldon Cooper | Lightrocket | Getty Images Check out the companies making headlines in after-hours trading. Amazon – The e-commerce giant popped more than 7% in extended trading after posting strong second-quarter results and issuing upbeat revenue guidance for the
Second-quarter results across have been a mixed bag, but generally positive. So far, 80% of companies listed in the S&P 500 index have reported better-than-expected earnings, according to data tracked by FactSet. That’s pretty good, especially since Q2 was forecast to be the trough for earnings this year. The second half of 2023 is expected to
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
Artificial intelligence continues to drive stocks higher. That’s leading to some concerns that some large-cap AI stocks may be overvalued and headed for a correction. But if you’re concerned about chasing stocks such as Nvidia (NASDAQ:NVDA) higher, you may want to look at AI stocks under $1. As it relates to artificial intelligence, penny
In this article ROKU QCOM DASH ETSY PYPL CLX LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines planes sit idle on the tarmac after Southwest Airlines flights resumed following the lifting of a brief nationwide stoppage caused by an internal technical issue, according to the U.S. Federal Aviation Authority (FAA), at Chicago Midway International
AI stocks present irresistible opportunities for forward-looking investors as the digital age progresses rapidly. The resilience and strength displayed by these equities have boosted the broader tech market. AI’s potential to drive innovation, improve customer experiences, and boost productivity makes it a sought-after tool for businesses. With the increasing demand for advanced AI products like
The Apple (NASDAQ:AAPL) stock buyers were fully in control during 2023’s first half. Can they follow through after a huge share-price rally, though? The answer is yes, especially with Apple expecting to maintain a robust production pace for its world-famous smartphone model. Apple will always have its critics, but I’m not worried about the company at
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Empty bottles of Moderna Covid-19 vaccine. Fred Tanneau | AFP | Getty Images Check out the companies making headlines before the market open. Qualcomm — The chipmaker slipped 8.5%. after it posted $1.87 in adjusted earnings per share on $8.44 billion in revenue for the
SoFi (NASDAQ:SOFI) stock justified Wall Street’s love by reporting big growth and a narrower-than-expected loss on July 31. For the quarter ending in June, the company lost $47.5 million, 6 cents per share, on revenue of $498 million. What mattered to analysts was that revenue was up 37% and Earnings Before Income Taxes, Depreciation and
China-based electric vehicle manufacturer Li Auto (NASDAQ:LI) is getting ready to announce its second-quarter 2023 financial results on Aug. 8. Does this mean you should wait until Aug. 8 to buy LI stock? Not necessarily, as there are valid reasons to invest in Li Auto right now. Li Auto had an amazing June update, with EV