Energy stocks have been many investors’ favorites for a long time. The energy sector has various sub-industries and companies within them such as oil, natural gas, coal, alternative energy and many more. The energy sector has been and is still one of the most crucial drivers of industrial growth as it provides fuel to various
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Stanley Druckenmiller, Duquesne Family Office, at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Stanley Druckenmiller revealed Tuesday that he has slashed his big bet in chipmaker Nvidia earlier this year, saying the swift artificial intelligence boom could be overdone in the short run. “We did cut that and a lot of
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Although geopolitical tensions are high and defense spending is generally on the rise globally, not all defense stocks companies will benefit. Some defense contractors may face challenges. Those include supply chain disruptions, labor shortages or reputational risks that could impact performance and prices. Moreover, the defense industry is heavily dependent on government contracts and budget
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According to the company, 2024 is a “transitional year” for SoFi Technologies (NASDAQ:SOFI) stock. SoFi is shifting away from lending and toward other financial services and SoFi’s technology platform. Its outlook disappointed investors, leading to panic-selling of its stock. It was a mistake, but you can benefit from the sellers’ haste. Besides, an expert on
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Chinese electric vehicle maker Nio (NYSE:NIO) stock exploded higher last week, rising 25% on a surprisingly strong monthly delivery update. The EV maker said it had delivered 15,620 vehicles during April, a massive 134% increase over the year-ago figure. That brought its cumulative deliveries since starting to almost half a million EVs. However, investors should
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