Many fintech stocks are trying to lift themselves from the rubble after falling off their peaks in 2021. Not all the financial technology innovators have garnered meaningful momentum, with some continuing to face an existential crisis amid big tech’s move to capture a more significant slice of the digital payments market. These are becoming major
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It wasn’t until 2020 that investors started to accept EV stocks. Many SPAC-backed startups in these sectors have since faltered, undergoing significant declines from IPO highs. QuantumScape (NASDAQ:QS) epitomized this trend, soaring to a $50 billion market cap without revenue. Subsequently, QS stock has plummeted by 94%, reflecting waning investor patience. This fact is central to
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You’ve likely heard a lot about the “Magnificent Seven” stocks lately. These companies included in this group are: Tesla (NASDAQ:TSLA), Meta (NASDAQ:META), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), and Nvidia (NASDAQ:NVDA). This group of Big Tech elite companies have been trouncing the broader market over the past year with their strong returns.
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Stock markets usually climb when interest rates are cut because many businesses respond to rate declines by borrowing more in order to expand. This trend causes companies to hire more employees, driving consumer consumption, the main driver of the U.S. economy, higher. Additionally, consumers tend to borrow more when rates go down, allowing them to
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Electric vehicle stocks have been beaten down hard over recent months, leaving many compelling long-term players trading at deeply discounted prices. With the Federal Reserve seemingly at the end of its aggressive rate hike cycle, clearer skies may be ahead for promising high-growth stocks. I believe that now presents an opportunity to grab shares of
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The strong economy is spurring more excitement, and you should snap up stocks that could be the next trillion-dollar companies. The positive future of the U.S. government is highlighted by robust economic indicators, such as the creation of 353,000 jobs in January, which exceeded expectations and demonstrated sustained economic momentum. President Joe Biden’s administration has
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In the vast landscape of today’s markets, artificial intelligence (AI) is reshaping investment strategies. Therefore, AI stock picks are as relevant as ever. AI’s ability to analyze extensive datasets and discern patterns gives it a unique edge. In essence, it makes it an incredibly valuable research tool. Recently, I harnessed the prowess of Chat-GPT to
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Looking for some tech stocks to sell? 2023 was a banner year for tech stocks, with the NASDAQ 100 reaching a new all-time high (and the S&P 500 reached its all-time high on January 3, 2024). While there’s still potential for another rally in 2024, analysts and market pundits are already preaching caution. The tech
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