When it comes to Lucid Group (NASDAQ:LCID) right now, all eyes are on the electric vehicle company’s upcoming earnings release on May 8. Some may be optimistic, but many are concerned that the release will result in LCID stock tanking. InvestorPlace contributor David Moadel sees this happening, as he argued last month. Mainly, because Lucid’s disappointing
admin
Fintech is revolutionizing the banking sector. In fact, artificial intelligence (AI), and blockchain could lead to a far more efficient and accessible system. Fueling the boom, we’re already seeing a good deal of global cashless payments. According to PwC, global cashless payment volumes are expected to jump to more than 80% by 2025. Plus, according
Tesla (NASDAQ:TSLA) stock certainly has many powerful, positive catalysts at this point. Among these drivers are the rapid growth of electric vehicle sales in China, the U.S., and Europe, and Tesla’s very powerful brand. Additionally, the U.S., the E.U., and China are all taking legal and regulatory steps to greatly boost the deliveries of EVs
Should investors use AI stock picks to inform their decisions? Search engines have been using artificial intelligence for some time to offer up results to a query. But generative AI takes it one step further by not just referring you to sources, but crafting its own recommendations based on those sources. So should I
As we enter the month of May 2023, it might be time to consider some undervalued blue-chip stocks to buy. So far, growth sectors such as information technology, communications and discretionary have had solid year-to-date gains. However, given the impending slowdown, it might be the opportune time to be more conservative. There is no better
While most financial advisors may direct you to blue-chip stocks to buy now, the problem with this well-meaning concept is that everybody else also has the same idea. Because of their massive footprint, these high-profile companies feature transparent, predictable businesses. However, the other side of this relationship centers on a decided lack of upside potential.
Shares of SoFi Technologies (NASDAQ:SOFI) plummeted 25% this week after the New York Stock Exchange announced it was delisting rival First Republic Bank from the exchange. The stocks of PacWest (NYSE:PACW), Western Alliance Bancorporation (NYSE:WAL) and SoFi would shed a combined $2.5 billion within days. Yet, as the Sesame Street song goes, one of these
The world’s foremost artificial intelligence stock trading algorithm, An-E, predicts that Alphatec (NASDAQ:ATEC) stock will gain 5.5% by June 1. An-E (pronounced Annie) has made this kind of prediction before. Back in December, Wall Street was bullish on Johnson & Johnson (NYSE:JNJ). Analysts were convinced JNJ could only go up… but An-E knew better. The
The world’s foremost artificial intelligence stock trading algorithm, An-E, predicts that 8×8 (NASDAQ:EGHT) stock will gain 4% by June 1. An-E (pronounced Annie) has made this kind of prediction before. Back in December, Wall Street was bullish on Johnson & Johnson (NYSE:JNJ). Analysts were convinced JNJ could only go up… but An-E knew better. The
The world’s foremost artificial intelligence stock trading algorithm, An-E, predicts that Assertio (NASDAQ:ASRT) stock will gain 3% by June 1. An-E (pronounced Annie) has made this kind of prediction before. Back in December, Wall Street was bullish on Johnson & Johnson (NYSE:JNJ). Analysts were convinced JNJ could only go up… but An-E knew better. The
There’s no need to worry that video game retailer GameStop (NYSE:GME) will end up like Bed Bath & Beyond (NASDAQ:BBBY). There are important differences between GameStop and Bed Bath & Beyond, and GME stock actually has the potential to make a multi-bagger move in 2023. Some folks might lump GameStop into the same category as
The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in premarket trading. Paramount Global – The media company slumped 10.4% after reporting quarterly profit and revenue that missed analyst forecasts, and slashing
Finding stocks that will outperform the market is a daunting task in any market. It’s challenging when every sector in the S&P 500 is getting hammered. So I punted and asked the generative AI chatbot that powers Bing chat to make some AI stock recommendations. To begin with, I’ll say that I agree with the
You’ve undoubtedly heard the adage, “Sell in May and go away.” I’ve never been a fan of that school of thought. While other investors may look to dump their stocks, I think this is an ideal time to look for stocks to buy. Why? First of all, market experts are mixed on the whole issue
As the world changes, investors look to align their portfolios with their values, sparking an interest in the best ESG stocks. The focus on environmental, social, and governance factors has ushered in a new era of responsible investing. ESG stocks represent companies committed to sustainability, corporate citizenship, and long-term expansion. Public awareness around ESG ratings
In recent months, fintech stocks have experienced a bumpy ride. Despite these setbacks, the global financial infrastructure’s digital transformation should continue attracting growth-oriented investors searching for the best fintech stocks. The industry’s trailblazers are capitalizing on the growing momentum by offering innovative services to both individuals and businesses. The Global Fintech ETF (NASDAQ:FINX) 6-month return is
Sustainable investing is gaining in popularity. The good news for investors is that there have never been more options available when it comes to making socially responsible capital allocations. For those on the hunt for sustainable investing stocks to buy, many successful and profitable companies are tackling climate change and seeking to improve their impact
Henrik Fisker, CEO of electric vehicle manufacturer Fisker (NYSE:FSR), declared that his company has a “unique business model.” However, it’s not a proven business model yet. FSR stock looks risky in 2023 as Fisker’s ambitious goals don’t ensure financial or operational success in the U.S. or abroad. Fisker’s “unique” business model involves getting the Ocean electric
Artificial intelligence (AI) stocks are one of the hottest trends of the year, and with good reason. Almost every week, it seems, we see some exciting new development with AI-powered text, images and even animation. But amid the hype, there are a number of overvalued AI stocks that are ripe for a sell-off. AI is
Analyst stock upgrades and downgrades create powerful headlines that will move the underlying shares. Investors should take advantage of the price swings analysts create, especially when they make the wrong calls. Stock price changes are noisy. Investors may use the stock volatility to buy a stock at a temporary discount or sell on a spike.