There’s little doubt that electric vehicles will be dominant in the future. In California last quarter, plug-in vehicles accounted for 24% of all light vehicles sold, and 21% of all light vehicles sold were pure EVs. With the federal government heavily incentivizing the purchase of EVs through the tax code, and spearheading the development of
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In this article MRNA DKNG AN ALB ABNB DE Follow your favorite stocksCREATE FREE ACCOUNT Deere’s autonomous 8R tractor Deere Check out the companies making the biggest moves midday: Deere — Shares rose 7.7% after the company reported earnings-per-share of $6.55 for its fiscal first quarter, topping the $5.57 expected by analysts polled by Refinitiv.
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In January, media firm Buzzfeed (NASDAQ:BZFD) made headlines after its CEO proposed using ChatGPT to help generate “cultural currency” and “inspired prompts” for his site. The following week, meme stock Helbiz (NASDAQ:HLBZ) would join the frenzy… without any detail on how an e-scooter business benefits from using chatbots. Tongues would quickly start wagging. “The AI
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Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) has rewarded investors who held its shares over the past decade. What about the past year, though? The results haven’t been stellar, and GOOG stock is likely to fall further as Microsoft (NASDAQ:MSFT) asserts its dominance over Alphabet in the red-hot artificial intelligence (AI) market segment. When it comes
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Since at least 2020, I have recognized the tremendous power of artificial intelligence to change our world in general and companies’ financial results in particular. My belief in the power of AI led me to recommend and, in some cases, buy the shares of Intel (NASDAQ:INTC), International Business Machines (NYSE:IBM), Stem (NYSE:STEM), iCAD (NASDAQ:ICAD), Micron (NASDAQ:MU),
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In this article AN TXRH RDFN CHRW AMAT ROKU DE DASH DKNG Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | LightRocket | Getty Images Check out the companies making headlines before the bell: DraftKings — DraftKings shares surged more than 8% after the sports betting company posted fourth-quarter results that beat expectations. The company
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Streaming media stocks gained tremendously in value during the pandemic years. For instance, shares of streaming giant Netflix saw an 85.6% bump in price from 2020 to 2021, comfortably outperforming the broader market. Though the pandemic-led tailwinds are unlikely to factor into content consumption, the industry will continue growing at a robust pace which is
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Smart homes stocks took a beating last year in the stock market. The Smart Home Stock Index witnessed a 32% drop in price, mirroring the broader market. Hence, it’s the right time to think about investing in the top smart home stocks. Most smart home business companies aren’t pure plays, meaning that the volatility in their
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Holding shares of IBM (NYSE:IBM) isn’t the most obvious way to invest in artificial intelligence (AI). However, you can actually get exposure to machine learning through IBM stock, along with consistent dividend payouts. Plus, IBM’s annual revenue growth should put some of the skeptics’ doubts to rest. IBM gets a “B” rating instead of an “A”
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In this article TXRH MRNA AMAT DKNG DASH Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines in midday trading. DoorDash — The online food delivery platform’s shares jumped 7% after it reported a revenue beat and upbeat guidance. The company’s fourth-quarter revenue came in
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Automation and robotics are proving to be two megatrends of the 2020s. The pandemic, in particular, showed the vulnerability of our existing supply chains and labor supply. And the ensuing inflationary period we’ve seen since then has forced companies to take a hard look at their costs and try to maximize the efficiency of their
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The global e-commerce industry could see up to $6.3 trillion in revenue just this year, according to Shopify.com. By 2026, it could be up to $8.1 trillion. That tells us there’s plenty of big opportunity to grow around for e-commerce stocks.  And clearly, that’s worth paying attention to — especially for companies like Amazon, Chewy, and
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With advancing technologies making the unbelievable transition from science fiction into science fact, forward-looking investors may want to consider autonomous vehicles stocks to buy. To be sure, the segment carries significant risks. From both the technical aspect of covering myriad variables to the legal framework, autonomous mobility represents a pioneering endeavor. Still, research and development
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Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Twilio — Shares jumped 19% after Twilio beat revenue expectations in its most recent quarter. The communications firm posted revenue of $1.02 billion, slightly better than the Refinitiv consensus estimate of $1 billion. West Pharmaceutical Services — Shares spiked
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