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The stock market has rebounded in 2023 following a year marked by rate hikes that pulled everything much lower. Leading indexes fell dramatically with the S&P 500 shedding 18.25% of its value. Hikes pounded the tech-heavy Nasdaq which fell by more than 30% during the same period. The emergence of AI, along with slowing rate hikes,
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Recently reported results of several electric vehicle (EV) makers indicated that EV sales have been resilient so far this year, despite persistent macroeconomic challenges. Government incentives and price cuts by most EV makers have driven higher volumes. Citing data from Motor Intelligence, a Wall Street Journal report highlighted that U.S. EV sales increased 50% to
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Time sure flies fast; we’re nearing the end of July, and the holiday season is fast approaching. The anticipation for the festivities also comes with busy days of last-minute shopping and family trips. With that in mind, there’s also a unique phenomenon called the “Christmas Rally,” and today, we’re rounding up a short list of
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In this article ON SOFI NYCB HAS XPEV DIS Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk by the SoFi Technologies headquarters on February 22, 2022 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. SoFi Technologies – Shares of the fintech company popped more than
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Meta Platforms (NASDAQ:META) stock is approaching its earnings release, and investors are divided on its potential direction. While some expect a bullish surge, others caution against high expectations already being priced in. For long-term investors, it’s best to focus on the big picture rather than short-term gains. Although the hype around META’s generative AI has
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Autonomous driving stocks will produce large returns over time. The key is going to be identifying those firms most likely to establish dominant positions in the industry. Overall growth is expected to annually reach approximately 38% during the decade between 2022 and 2032. Big winners will emerge, and those invested will benefit from the corresponding price
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This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. Last week, I revealed a list of the five top “moonshot” artificial intelligence (AI) stocks from across InvestorPlace.com. Not only are these elite companies the leaders in their field, but their relatively low valuations
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Robotics is one of the most exciting and innovative sectors in the world today. This sector has the potential to transform various industries, particularly manufacturing and healthcare by creating new opportunities for growth and efficiency. Robotics also offers a competitive edge for investors who are looking to balance long-term returns with exposure to cutting-edge technologies.
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For brief periods of time, stock traders will get excited about electric vehicle battery technology company QuantumScape (NYSE:QS). Don’t get caught in a trap, though. As QuantumScape’s battery-market rivals relentlessly move forward, QS stock remains vulnerable to a pullback even if it catches a bid from time to time. Here’s an example. Previously, QuantumScape stock rallied
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Identifying promising pharma stocks is no small feat in the dynamic and competitive realm of pharmaceuticals. The industry is replete with businesses boasting robust pipelines, each vying for a breakthrough that could potentially revolutionize healthcare. Today’s article sheds light on three high-potential pharma stocks that hold strong promise for the future. These companies are among
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