Palantir Technologies (NYSE:PLTR) was quick to pivot toward the artificial intelligence (AI) technology trend of 2023. That was a smart move, and PLTR stock surged higher in the first half of the year. Now, however, Palantir Technologies presents a mixed but mostly favorable picture for prospective investors. Analysts are generally lukewarm in their sentiment toward Palantir Technologies.
Nvidia (NASDAQ:NVDA) is a leading producer of powerful GPU chips that are crucial for the development of advanced technologies. The recent surge in artificial intelligence interest has caused an increased need for incredible computing power, causing NVDA stock to skyrocket. The 187% YTD growth is nothing to scoff at, particularly for a company of Nvidia’s
As the broad market experiences a correction, because of uncertainty over interest rates, now may not seem like a time to cycle heavily in tech stocks, particularly those of the speculative growth variety, but there are tech stocks to watch out there. With the Federal Reserve continuing to suggest that it will keep interest rates
If you read the news, Coinbase (NASDAQ:COIN) stock has been on fire this year. The hype has been nonstop since a federal judge ruled in favor of Ripple Labs Inc. in a lawsuit which had been brought against them by the U.S. Securities and Exchange Commission. Since the decision COIN stock has fallen by over
Amazon (NASDAQ:AMZN) stock just delivered the equivalent of a mic drop with the e-commerce company’s third-quarter financial results. After spending the past 18 months right sizing the ship, Amazon looks to be in a position of strength and ready to resume its dominant position among mega-cap technology concerns. Up nearly 50% on the year, including
Cannabis stocks are well off past peaks. But that doesn’t mean it’s a dead – or dying – industry. In fact, quite the contrary. It’s clear that, eventually, full-scale marijuana legalization is inevitable. Already, lawmakers and legislatures are calling for that scenario on the heels of ongoing scheduling reform. But if you’re banking on cannabis
AMC Entertainment (NYSE:AMC) stock has had a wild ride. The company’s financial performance over the past few years is not just a reflection of past achievements. It’s a vivid indicator of the promising future that lies ahead. This upward trajectory can have a significant impact on the company’s strategic position in the entertainment industry. A
Over the past month, ChargePoint (NYSE:CHPT) stock has been in freefall, but some may see opportunity with this latest price action. After all, with this EV power charging station technology company, which once traded for prices north of $40 per share, now changing hands for around $2.50 per share, surely the market has oversold it,
In the high-stakes poker game of investing, understanding the lay of the land is crucial. Firstly, word on the street is there’s a brewing bubble with tech stocks. Subsequently, experts are placing their bets against overvalued tech equities ready for a sharp downturn. Moreover, the rumored tech sector downturn is casting long shadows, making those
Former Federal Deposit Insurance Corporation Chair Sheila Bair recently noted that, during the Federal Reserve’s era of zero interest rates, “money (flowed) into all sorts of unproductive uses,” including “zombie companies.” In other words, firms that were generating little or no revenue and had meager chances of ever becoming profitable could stay afloat by convincing
2023 is increasingly becoming another turbulent year for the U.S. equities markets, especially for the S&P 500 and Nasdaq. Both indices have faced increased volatility and downward pressure amid sticky inflation and ongoing geopolitical issues in Ukraine and the Middle East. After reaching record highs in July, the S&P 500 and Nasdaq have fallen by
Meta Platforms (NASDAQ:META) is a social media giant, but this comes with risks. The company is sometimes controversial and seems to have caught the attention of U.S. regulators. Hence, investors must weigh both Meta Platforms’ obstacles and opportunities if they’re considering buying META stock. Even Meta Platforms’ critics should give the
The concept of electric air taxis, or eVTOLs, transitioning from science fiction to reality is advancing as battery technology improves. The critical question is whether a profitable industry can emerge from their production. Joby Aviation (NYSE:JOBY) is a pioneer in the electric vertical takeoff and landing sector, poised to reshape future transportation with a strong
It was only a few weeks ago when Exxon Mobil (NYSE:XOM) agreed to acquire shale oil driller Pioneer Natural Resources (NYSE:PXD). With that, Exxon Mobil is set to become a mammoth petroleum juggernaut. Yet, XOM stock dropped recently due to the company’s earnings results. Nevertheless, value hunters and passive income investors should strongly consider a
A lack of price competition has prevented hydrogen energy from garnering investment attention, unlike solar and wind projects have enjoyed. While the Biden Administration did pass the Inflation Reduction Act in 2022, which provides tax incentives and subsidies to clean energy projects, hydrogen stocks haven’t done so well in 2023. Case in point, the Global X Hydrogen
It’s the dream of every investor to uncover stocks with the potential to grow tenfold within a short span. While it may sound like a lofty goal, the article reveals that it’s not just a pipe dream. The article delves into the exciting journeys of three companies making waves in their respective industries. The first
Blue-chip stocks offer investors a safe haven in a turbulent market. Blue-chip stocks tend to be those of companies that have stable finances, low levels of debt and strong brands. They also tend to pay their stockholders reliable dividends and have the free cash flow to buyback their own stock. This is typically the opposite
The electric vehicle (EV) industry is giving us mixed signals. The earnings and delivery numbers throw light on the fact that manufacturing an EV is not an easy job. Some of the top automakers are hitting the brakes on their electric-vehicle ambitions due to a drop in consumer demand. Consumers are not willing to spend
When it comes to picking stocks, sometimes it is a good idea for investors to look for and find companies that may not be in the spotlight and have a ton of investor interest at the moment. Try to find companies that are performing well, offer a promising outlook for the future and are less
Weakness in lithium stocks is an opportunity. Granted, prices have slipped on the speculation of a surplus supply, but supply is tight. It’s why companies like Exxon Mobil (NYSE:XOM) have supply deals with companies, like Lithium Americas (NYSE:LAC). Also, remember, according to Stellantis (NYSE:STLA) CEO Carlos Tavares, there’s not enough lithium to go around for the industry’s green plans. In addition, according to Morningstar,