Artificial intelligence has been around for a while, but tools like ChatGPT have brought this innovative technology into the spotlight. A growing number of companies want to create their own AI-powered tools. When many companies and consumers rush toward a technological innovation, it presents an opportunity for investors. Some publicly-traded companies stand to immensely benefit
admin
In early August, I wrote about how shares of T2 Biosciences (NASDAQ:TTOO) could rise to $1 or more in a short-term frenzy. Meme investors had singled out the stock, and heavy options trading meant shares were at risk of getting squeezed. Retail investors delivered. Within two weeks, TTOO’s stock had risen from 30 cents to
It’s difficult to underestimate the growing importance of microchips and semiconductors. The consulting firm McKinsey & Co. released a report in April proclaiming we’re currently living in the “semiconductor decade.” Most forecasts predict a $1 trillion industry by 2030. The explosion of both artificial intelligence (AI) and cloud computing has ratcheted up demand for microchips
Countries across the globe are striving to have millions of electric vehicles on the road by the end of this decade. To achieve this goal, governments have laid out several initiatives and incentives. Although gaining popularity, increasing the adoption of EVs requires an increase of charging stations. Therefore, EV charging companies are going to see
In this article BABA TWNK MRNA IMTX Follow your favorite stocksCREATE FREE ACCOUNT Visitors at the Tesla booth at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Costfoto | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Tesla — Shares of the electric vehicle maker jumped 6% after
The search for the best travel stocks has recently gained momentum, and for good reason. Post-pandemic, travel and tourism sectors have rebounded impressively. After witnessing a major slump, where travel took a backseat for many customers, we now observe an impressive resurgence. However, the upswing isn’t incidental, as financial reports highlight robust financial health with
Last week, yields on short-dated U.S. Treasuries quietly climbed to their highest point in almost 25 years. The effects of that rise, however, have been anything but silent. The average new mortgage rate now sits well over 7%; a home loan that would have cost $2,000 per month in 2021 would now set a new
Qualcomm CEO Cristiano Amon. Carlo Allegri | Reuters Check out the companies making headlines in premarket trading Monday. Tenable Holdings — The exposure management solutions provider rose 3% before the market opened following an upgrade to overweight from neutral at JPMorgan. The bank said the company is positioned to see better business fundamentals in the
Beach goers take to the water to cool off amid high temperatures Wednesday, June 10, 2020 in Huntington Beach, CA. Allen J. Schaben | Los Angeles Times | Getty Images Huntington Beach, California Over 2,500 investors and financial advisors have descended on Huntington Beach, California — a.k.a. Surf City USA —for a financial conference. A
In this market, many penny stocks continue to remain beaten down. That said, while I don’t expect each and every speculative penny stock to surge higher like they did in 2021, select penny stocks still offer tremendous upside. Of course, I wouldn’t suggest betting the farm on most penny stocks. However, a small position in the
Though manufacturing activity has moved geographically from the West to the East in recent history, the sector continues to play a vital role in the global economy, providing goods and services that meet the desires of consumers and businesses. However, manufacturing has also seen changes such as technological innovations and renewed geopolitical rivalries. Investors should
With ongoing uncertainties in the stock market, investors’ search for bulletproof stocks becomes paramount. Investors seek refuge in stable and growth-oriented stocks as the specter of economic downturns looms. The article lists three stalwarts of the U.S. stock market. Their strategic initiatives and unwavering focus on innovation have positioned them as beacons of stability in
Tech stocks are some of the most appealing and popular in the stock market. But did you ever think about what makes investors so eager to find the best tech stocks to buy? For me, finding the best tech stocks to buy is about the growth potential. Tech companies by nature are looking for innovative
Microsoft (NASDAQ:MSFT) is a member of the “Magnificent Seven” group of tech firms. However, don’t assume that MSFT stock will deliver magnificent returns like it did in 2023’s first half. Sure, Microsoft’s investors will get exposure to the artificial intelligence market. Yet, current and prospective shareholders should be aware of a significant competitor that Microsoft will
The market is giving investors mixed signals. But this is a time when what’s happening on Main Street differs from what’s happening on Wall Street. There are crystal clear signs that the consumer is losing steam. This makes it time to look at consumer stocks to sell. Companies are reporting that consumers are pulling back
Lithium is a key component of batteries for electric vehicles (EVs), which are expected to see a surge in demand in the coming years. However, lithium prices have been volatile in the past year, causing the best battery stocks to reach record highs in late 2022 before falling sharply in early 2023 due to oversupply
Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Due to a combination of worries about high-interest rates, China’s decision to prevent some government employees from using Apple’s (NASDAQ:AAPL) iPhones at work, and the fact that September is historically a very bad month for equities. many high-risk, high-reward stocks have taken a beating recently. But, as I’ve written in past columns, the Fed is
Recently, Chicago Federal Reserve Bank President Austan Goolsbee stated that the economy is on the golden path, marked by a decrease in inflation and the avoidance of a recession. Fed policymakers are widely expected to leave its target policy rate in its current range of 5.25%-5.50% when they meet in about two weeks. This has
Nowadays, as technology continues to advance, so does the need for semiconductors. Fortunately, the daring companies within this sector are responsible for creating the most efficient, powerful, and capable semiconductors. Let’s look at the three best semiconductor stocks to buy this month, from companies that will grow your portfolio. Qualcomm (QCOM) Source: nikkimeel / Shutterstock.com