In August, the US Bureau of Labor Statistics reported United States job and wage growth slowing while unemployment was growing. This is a signal that the Federal Reserve’s plan to reduce inflation and avert a recession appears to be working. The U.S. alone added 187,000 jobs over the last month, and hourly earnings rose 4.3%
In 2023, tech stocks to buy have boomed led by the ‘Magnificent 7’ which have propelled much of the overall market gains. However, they’ve also proven volatile experiencing hiccups early in August as valuation concerns mounted. That cost investors hundreds of millions in aggregate. Then Nvidia (NASDAQ:NVDA) released blockbuster results that more than exceeded expectations
A looking into what is driving the recent spike in cannabis stocks.
Pay close attention to the global video game market. For one, according to analysts at Newzoo, the global gaming market could generate up to $187.7 billion just this year. They also say the global payer count – those who spend money on gaming – could increase 7% to 1.47 billion. Two, highly anticipated titles have
The energy sector is undergoing a major transformation as the world shifts to cleaner and more sustainable sources of power. Renewable energy is expected to grow rapidly in the coming years, driven by technological innovation, policy support and consumer demand. However, most energy systems are dominated by non-renewable sources of energy, primarily natural gas followed
Energy stocks are an essential addition to an investor’s diversified portfolio. They garner exposure to different market areas and may offer unique opportunities for significant returns. For example, while most stock market sectors struggled during 2022 when the world was getting back on track following the pandemic, the energy sector saw exponential growth. Oil prices
After taking a breather in August, tech stocks look to be rallying again, led by artificial intelligence (AI) companies. Although some of the hype around AI has cooled, the sector remains the hottest area of tech right now, with just about every company scrambling to gain exposure to it. The market remains potentially massive. Fortune
Many artificial intelligence stocks have outperformed the Nasdaq 100. While the popular index is up by over 40% year to date (YTD), many AI stocks have more than doubled. None of those stocks have captured as many headlines as Nvidia (NASDAQ:NVDA), the growth stock that seems to keep on growing. Anytime stocks like Nvidia take off, investors
Many view the 30 stocks that comprise the Dow Jones Industrial Average as safe, solid “blue-chip” stocks that will never drop a great deal. For example, the business news company Kiplinger wrote: “The Dow Jones Industrial Average comprises 30 blue-chip stocks that are tops in their industries.” But, as often occurs, reality and conventional wisdom
The recent stock market volatility has left many great companies trading at bargain prices. As a value investor, I get excited when I see quality stocks dipping below $10 per share. While risky, these cheap stocks offer high-upside potential if selected carefully. Following the huge market sell-off over the past two years, there are still
In the sparkling realm of technological advancements, the allure of the artificial intelligence (AI) revolution has dazzled many investors’ eyes. Dreams of building fortunes beckon as forecasts hint at a trillion-dollar AI industry on the horizon. Yet, the phrase AI stocks to sell might be the reality check that halts that gold rush momentum. 2023
With market uncertainty lingering as we move into autumn, now would be a good time for investors to put capital into some trusted blue-chip stocks. These are reliable companies that have market-leading positions, strong balance sheets, consistent earnings, and a history of providing shareholders with distributions in the form of dividend payments and stock buybacks.
Now might be a great time to look for the best oil stocks to buy. Expectations of rising Brent crude oil prices for the remainder of 2023 continuing into 2024 are making the search for oil stocks to buy worthwhile again. Brent crude oil comes from the North Sea but its price highly correlates to
Sometimes you get it wrong. That’s the sentiment many investors may be feeling if they invested in lithium stocks in the last year. You can choose to simply keep them on your watch list for now. However, you can look further at some of the best lithium stocks to buy now. are several reasons why
Fifth-generation (5G) wireless internet continues to roll out at an aggressive pace and holds a lot of promise. The latest high-speed internet is expected to help with major advances in areas such as machine learning, cloud computing, artificial intelligence and the Internet of Things (IoT). Products ranging from self-driving vehicles to robotic surgeries should benefit
Even as the stock market bounced back this year, much of the vitality came from just a handful of tech giants. Once known as FAANG, realigned markets now prefer these seven stocks – collectively called “The Magnificent 7.” These stocks jumped more than 60% this year as a group, as the rest of the S&P
Biotech stocks have underperformed in the U.S. stock market by a wide margin this year. The sector’s most popular index, the iShares Biotechnology ETF (NASDAQ:IBB), is down 5% since Jan. 27. However in recent days, it’s been making a comeback as it rose nearly 3% between Aug. 28 and Sept. 1. The mini-rally suggests that
The market had a choppy August as traders digested the latest developments from a busy earnings season and a hawkish Federal Reserve. While the overall market is volatile, we’ve seen some large speculative run-ups amid small-cap stocks. For these three small-cap stocks to sell, it’s time to cash in on their recent rallies before the
Industry analysts have predicted future solar stock winners for decades, but the cost of solar has always been a double-edged sword. The issue was that the cost per megawatt-hour was simply too high. Bloomberg New Energy Finance shows that price has come down significantly in the last seven years. That’s one reason it may be
Consumers are feeling the pinch. The Bureau of Labor Statistics (BLS) dramatically lowered June’s jobs numbers for the second time. Only 105,000 were created in the month, less than half the original 235,000 jobs that were expected. The same is anticipated for July’s numbers. So ignore the 3.8% unemployment rate, which also just ticked higher.