September hasn’t been kind to Nvidia (NASDAQ:NVDA) stock, which is down on the month. This decline lacks a clear company-specific cause, and could be attributed in part to a broader stock market retreat. The Nasdaq-100 Technology Sector Index is down 6% this month, and the S&P 500 has retreated by 4%. Concerns about potential interest
admin
It’s no secret that Tesla (NASDAQ:TSLA) stock is one of the most talked-about plays on Wall Street. There are convincing reasons to invest in Tesla now, but the best policy is to wait until Oct. 18 if you’re thinking about buying TSLA stock. I’ll explain why that date is so important. First, however, prospective investors should
The stock market in 2023 has been tough to judge. A lot of things have happened. Bullishness has been the main feature led by the emergence of generative AI and a handful of tech stocks that pushed prices higher. Valuation concerns have persisted for many months but they are strengthening as the U.S. Federal Reserve
After a tumultuous summer, history says we might be due for a rally into year-end. According to Ryan Detrick at the Carson Group, when stocks fall more than 1% in August and September, they usually see a bounce in October. Overall, software-as-a-service (SaaS) stocks have done well this year. And the outlook is still favorable
The lithium battery market is booming in 2023, thanks to the surge in electric vehicle sales. Consumers are switching to greener and cheaper alternatives to gas-powered cars, and governments are offering incentives and subsidies to encourage the transition. However, on the supply side of the market, a glut of lithium, precipitating from the rise of
Underlying prices exhibited a notable cooling trend, providing the Federal Reserve shows evidence of softer inflation. While Americans did indeed spend more on costly gasoline and services during the month, this moderation in other price components underscores the nature of inflationary pressures. Such developments are generally seen as positive for the economy and the broader
Autologous chimeric antigen receptor T cell therapy is 0ne of the most promising, relatively new types of cancer treatments. CAR T involves “reprogramming” patients’ T cells, which fight hostile cells within the body. Specifically, CAR T treatments work by reconfiguring T cells so that they attack proteins found on tumors. CAR T also attacks other
Autonomous driving stocks have great potential. Although their emergence can be primarily seen in Asian markets, I don’t believe it will be long before their reach extends to the rest of the world. Autonomous driving stocks promise safer everyday driving and also have use in specific commercial and industrial applications. Although most autonomous driving stocks
As the world shifts to electric vehicles, demand for EV batteries will skyrocket. All of which should be great news for these top EV battery stocks moving forward. Unfortunately, there’s just one problem. There’s not enough battery supplies. As noted by Business Insider, “Ford (NYSE:F), GM (NYSE:GM), and Porsche (OTCMKTS:DRPRY) pointed to delays, constraints, and expenses related
Li Auto (NASDAQ:LI) stock is on the move, and there is a palpable fear in Detroit right now beyond concerns over the United Auto Workers strike. The Chinese hybrid car maker that announced its September results over the weekend. Li delivered 36,060 cars for the month, 105,108 for the quarter, and 244,225 for the nine
In recent times, the buzzing topic in the realm of auto stocks has been the strike initiated by the United Auto Workers Union. However, peering beyond this immediate hurdle, long-term investors should be more interested in the prospects of autonomous driving and the proliferation of electric vehicles (EVs). These transformative trends, vibrant in potential, should
The aerospace and defense industry is a stock market segment with decent growth over the last year. The iShares U.S. Aerospace and Defense ETF (BATS:ITA), the benchmark ETF for tracking the aerospace and defense industry, has increased by 15% this past 12 months. The increase in returns regarding the defense industry is partly due to
The recent crypto rally has sparked excitement, particularly in speculative assets, amid rumors of a new uptrend. And yet, caution is advised. This rally may not sustain for long due to economic concerns and the underperformance of alternative cryptocurrencies. Consequently, high-risk projects are doubtful to perform strongly in the short term, especially until monetary policy
For investment ideas that can potentially lead to life-changing gains, few sectors are as viable as biotech stocks to make you rich. Fundamentally, the biotechnology sector offers potential therapeutic innovations that could change paradigms for patient care. As a result, the space can provide an enticing home for funds earmarked for speculation. Another factor that
The markets have a reason to cheer in the near-term with the debt ceiling crisis averted. Notably, the last quarter has historically been good for equities. Potential reversal in monetary policy stance in 2024 is another impending catalyst for the market. Given these factors, it’s a good time to accumulate some undervalued dividend stocks. In
Two years ago, the prospects for renewable energy stocks seemed bright. Money was flowing into all sorts of new and disruptive technology companies. And government assistance was on the way to the sector, with the Biden Administration set to deliver large incentives to wind and solar companies via the Inflation Reduction Act. Heading into 2024,
Inherently an uncomfortable topic, the concept of stocks to sell arouses significant emotions. Much like sports fans hearing criticisms about their favorite team, a sense of honor is perceived to be violated. Therefore, few investment writers enjoy talking about this subject. But what if the call is coming from inside the house? What I’m referring
At first glance, the concept of coal stocks to buy doesn’t really make a whole lot of sense. After all, social and political winds incentivize the push toward clean and renewable energy sources. On the flipside, coal harkens to memories of the Industrial Age, which is not congruent with the current Information Age. Still, the U.S.
The fourth and final quarter of 2023 is upon us and the year-end holidays are fast approaching. That could mean a boost in the sales of many businesses, from retailers to airlines and e-commerce companies. In mid-September, accounting firm Deloitte released a report forecasting that holiday retail sales will rise between 3.5% and 4.6% this
September lived up to its billing as the worst month of the year. Pulled lowered by the threat of higher interest rates, a looming government shutdown, and rising energy prices, U.S. indices ended September in the red. However, there’s still reason for optimism for some of the market’s top stocks and indices. For one, the final