People look at a virtually complete Stegosaurus fossil on display at Sotheby’s on July 10, 2024 in New York City. Alexi Rosenfeld | Getty Images Billionaire investor Ken Griffin, founder and CEO of hedge fund Citadel, purchased a late-Jurassic stegosaurus skeleton for $44.6 million at Sotheby’s Wednesday, marking the most valuable fossil ever sold at
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Congressional Democrats have been more active lately. We’re seeing an increasing number of blue lawmakers call for President Joe Biden to withdraw his seat from the 2024 U.S Presidential elections due to electability concerns. A number of pundits in the media and political experts urge Democrats to put a replacement nominee put forward. However, Biden
Uncovering promising chip stocks in the stock market is about picking out winners and keeping an eye on what forces push leading companies toward exponential growth. Three mega-cap giants deliver innovation, resilience, and strategic movement within their respective areas. One is a leader in high-performance computing and graphics, at the forefront of the infusion of
Investors are always on the hunt for the next big thing. Much like the internet revolution and the current AI boom, savvy investors look to get in early on the ground floor of the next world-changing trend. I believe a few under-the-radar companies have the ambition and growth potential to possibly be those next breakout
The stock market has been on a tear lately, but not all stocks are sharing in the gains. A handful of industries and outlier companies are driving the broader market rally, while many other stocks have been left behind. Wall Street has severely punished some for failing to deliver this year, resulting in a few
Blue-chip stocks are considered to be the most reliable stocks in the industry. Whether you are a beginner or a professional investor, there is nothing like putting your money in blue-chip stocks and holding them long-term. There’s a reason why they’re called blue-chips, they bring stability to your portfolio due to the solid business structure, stable fundamentals, and growth
Almost every company has some debt. Many large and very profitable companies obtained significant amounts of debt when interest rates were negligible from 2009 until 2021. By doing so, they were able to make effective acquisitions that boosted their bottom lines and increased their cash holdings in order to finance share buybacks, dividend increases, and make themselves more financially
On July 16, CNBC reported, “Small-cap stocks are on a tear right now.” The financial news channel’s website noted that, during the preceding week, the category became the market leader, at least temporarily. Indeed, the Russell 2000 index, made up of small-cap names, hit its highest level since January 2022 on July 16. With most
The augmented reality workplace stocks are increasingly intriguing for investors looking to play growth to be had in the nascent stages of the mixed-reality boom. Undoubtedly, there was quite a buzz when Apple (NASDAQ:AAPL) launched its first augmented reality device (it’s really more mixed reality) earlier this year. With Apple’s so-called spatial computer now available
Wall Street investors are constantly looking for stocks to buy for a bull market. The S&P 500 index has recently reached a new record high, solidifying the bull market that began in October 2022. Notably, the S&P 500 has surged 18% year-to-date (YTD). Similarly, the Dow Jones Industrial Average and Nasdaq 100 have advanced 8%
The S&P 500 has continues to edge higher. A softer-than-expected inflation report for June fueled hopes that the Federal Reserve will start cutting rates in September. Several major investment advisory firms sifted their forecasts for Fed rate cuts and stock downgrades. The CPI report showed only a slight 0.06% increase in core inflation, excluding food
Investing in precious metals stocks can be both a rewarding and profitable experience. While these assets have historically served as a hedge against inflation, their true growth potential often remains untapped. Precious metals like gold and silver have been on a tear in the last year, with gold rivaling the performance of the S&P 500
The term metaverse, once mentioned in a science fiction novel, has undoubtedly become one of the most talked about concepts in recent years. The metaverse, often likened to a virtual world, is an umbrella term for a range of technological innovations. These include immersive 3D worlds, augmented and virtual reality (AR/VR) technology and NFTs. The
Popular stocks tend to get overvalued quickly. This can be a double-edged sword. Buying a stock on an upward trend creates a big chance for profit. Yet, there’s no telling when that trend will last, so you risk buying at the top. Many investors sidestep this issue by buying under-the-radar stocks. These companies aren’t too
I’ve seen my fair share of fads come and go. Robinhood (NASDAQ:HOOD), the popular trading app favored by Gen Z and millennial investors, offers many stocks I’d equate to fads. The platform has enabled a new generation to dive into the stock market. However, some of the most hyped-up stocks on Robinhood have underlying businesses
With many expecting Trump to win the election in November, his economic policies could significantly impact stock prices. For one, Trump’s proposed corporate tax rate cut from 21% to 15% would immediately increase Amazon’s (NASDAQ:AMZN) earnings. There are, however, a few negatives including tariffs, immigration policies and the already weakened consumer demand that bode poorly
CEO Adam Aron has made AMC Theaters (NYSE:AMC) stock the most controversial stock you can own. Since the COVID pandemic began in early 2020, he has fought to keep the movie theater chain afloat. He has sold stock, sold bonds, and innovated on many levels. He has kept the doors open. But the struggle hasn’t
Congress has an uncanny knack for making remarkably well-timed stock trades. They pinky swear they are not buying and selling stock based on insider information culled from their regulation of the companies. Yet the politicians tend to dramatically outperform the S&P 500. One of the best at this is former House Speaker Nancy Pelosi. Her
Palantir (NYSE:PLTR) investors are pretty happy these days. The Peter Thiel-founded data analytics firm has seen its share price rally nearly 68% since the start of the current year. There are multiple catalysts keeping Palantir’s shares surging. However, investors should tread carefully going forward. Not only is PLTR’s valuation way too high, but people may
GameStop (NYSE:GME) seems to be keeping its meme stock status standing. Indeed, with Keith Gill’s influence, this stock has seen incredible surges in recent years. However, investors now appear to be proceeding with caution regarding GameStop stock right now. Gill’s return led to renewed retail interest, but the lack of positive news caused a sharp
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