Amongst investors, sentiment for Lucid Group (NASDAQ:LCID) has clearly swung back to bearish. However, among the Wall Street analyst community, opinions on LCID stock differ. Sure, some sell-side analysts have downgraded the electric vehicle maker’s shares recently. Many other analysts, though, have maintained bullish ratings on the stock, but have reduced their price targets. With
Peruse the Internet for investment guidance and you’re likely to hear the adage that you shouldn’t consider stocks to sell when faced with volatility. Rather, you should buy up assets and securities when there’s blood on the streets. To be honest, it sounds bold and daring and something that alpha males do. However, blind adherence
When GameStop (NYSE:GME) reports earnings on March 21 after markets close, Wall Street expects a damp squib. Analysts anticipate revenues of only $2.18 billion, 3.2% less than last year’s figures. And net income should clock in at a -$48.5 million loss. Fewer new console games… a reduced store count… bad news from suppliers… we’re probably seeing
Shares of short squeeze stock Troika Media Group (NASDAQ:TRKA) collapsed 40% on March 7 after the firm released its latest financial report. It was bad. Although the firm posted a robust $187.9 million in revenues, earnings fell far short of even my most conservative estimates. Adjusted EBITDA barely reached $5 million in the six months
Despite the current frenzy surrounding artificial intelligence, it continues to be early days for the technology. Leading engineers and programmers behind AI applications caution that chatbots and other technologies remain in their infancy and that we’ve only scratched the surface of what artificial intelligence is likely to accomplish in the future. As a result, winners
With market anxieties rising to the forefront, investors inherently seek protection, which bodes well for gold stocks to buy. To be fair, the yellow metal historically garnered criticism because, at the end of the day, it’s just a commodity. Gold doesn’t hire workers, it doesn’t generate earnings and most importantly, it has a yield (passive
In this article FRC NYCB UBS CSG.N-CH USB THS Follow your favorite stocksCREATE FREE ACCOUNT A person walks past a First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. Mike Segar | Reuters Check out the companies making the biggest moves midday: First Republic — Shares tanked
There’s a lot going on with California-headquartered electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN), but it’s not all positive news. As we’ll discover, $1 is a crucial level for MULN stock, and investors have to consider that a delisting might happen in 2023. Mullen Automotive also has other problems that prospective shareholders need to consider before
You might not be able to buy non-fungible tokens (NFTs) directly from your broker, but you can invest in some businesses that are involved in the NFT space. One of those businesses is Troika Media Group (NASDAQ:TRKA), which is deeply immersed in the digital-goods market. Yet, this hasn’t resulted in a sustained rally for TRKA stock,
The emergence of generative AI platforms like ChatGPT already has far-reaching implications for society and the economy. But this sector is already crowded. In addition to all the publicly traded companies in this sector, thousands of private companies are in the business of AI. That gives investors a lot to think about when they look
In this article FRC KEY USB ENPH PACW ZION UBSG-CH UBS CSG.N-CH CS NYCB .BBKA SBNY Follow your favorite stocksCREATE FREE ACCOUNT First Republic Bank headquarters is seen on March 16, 2023 in San Francisco, California. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making headlines before the market’s opening bell.
At first glance, the concept of tech stocks to buy might seem exceptionally risky at this juncture. After all, the market continues to digest the bank runs and failures of two major financial institutions. In addition, much anxiety centers on the Federal Reserve’s next move. Whatever direction it chooses regarding interest rates, the equities sector may suffer volatility. Still,
Investors shunned shares in electric vehicle startups last month, and Lucid Group (NASDAQ:LCID) was, of course, no exception. The overall shift in sentiment about the EV sector, coupled with a poorly received quarterly earnings report, resulted in a big drop for LCID stock. This pullback carried over into March, but shares have been climbing higher
After getting knocked significantly lower during 2022, shares in Nvidia (NASDAQ:NVDA) have made a stunning comeback so far in 2023. Year-to-date, NVDA stock is up by around 78.5%, driven by the recent wave of “A.I. mania.” With Nvidia supplying the GPUs used to power OpenAI’s ChatGPT platform, investors are on the money for buying NVDA
The sooner we join the transition towards Electric vehicles (EVs), the better it is for the environment. Whether you like it or not, countries are taking significant steps to ensure the efficient adoption and penetration of EVs. Besides government policies and subsidies, increased consumer interest continues to power the valuations of top EV stocks. The
It’s the best time for investors to look for Chinese stocks to buy, as the country starts to reopen fully. Many Chinese companies were hit hard last year due to strict zero-COVID policies, which substantially decreased domestic demand. Meanwhile, quarantine requirements for foreigners meant that investors weren’t all that excited about visiting and investing in
Editor’s note: “QuantumScape: The ‘Forever Battery’ Stock With Millionaire-Maker Potential” was previously published in March 2022. It has since been updated to include the most relevant information available. Imagine having a $10,000 investment that grew to over $40 million dollars. Well, let me let you in on a little secret. The best way to become
Investors breathed a sigh of relief after the Swiss National Bank said it would provide a liquidity backstop for Credit Suisse. Arnd Wiegmann / Stringer / Getty Images Check out the companies making headlines in midday trading. First Republic — The regional bank shares shed over 20% even after the company is set to receive
What are well-heeled investors buying nowadays? As we’ll discover, some of them are taking share positions in machine-learning software specialist C3.ai (NYSE:AI). There’s conviction in AI stock as it provides direct exposure to the artificial intelligence (AI) market, which has strong upside potential. 2023 might be remembered as the year when machine learning was thrust into
In this article BMBL FRC CS Follow your favorite stocksCREATE FREE ACCOUNT Nvidia’s A100 GPU, used to train ChatGPT and other generative AI, is shown at the demo center of Nvidia’s headquarters in Santa Clara, CA, on February 9, 2023. Katie Tarasov Check out the companies making headlines in premarket trading. FedEx — Shares were