Thanks to a record-breaking heat wave, Texas power prices are surging right now. And artificial intelligence could hold the key to fixing the problem. Temperatures are running above 100 degrees Fahrenheit throughout Texas. In cities like Corpus Christi, San Angelo, Del Rio, and Kingsville, temperatures are breaking all-time records. And the state’s tropical humidity hasn’t
In this article AA BA SPR TSLA ABI-BE SHC ROOT LLY TRIP EXPE DOW AMZN NRG OSTK DRI Follow your favorite stocksCREATE FREE ACCOUNT An employee scans an order in the shipping area at the Overstock.com distribution center in Salt Lake City, Utah. Ken James | Bloomberg | Getty Images Check out the companies making
Some are arguing that we’re back in a bull market and with the way the S&P 500 is trading, it’s easy to understand why. With sentiment turning higher, it’s got investors looking for millionaire-maker tech stocks. Of course, it helps that tech has been leading the charge higher. The Nasdaq is up about 30% so
Warren Buffett, one of the greatest investors of all time, has amassed a substantial fortune. He’s gained most of his fame through long-term investments as CEO of Berkshire Hathaway (NYSE:BRK-B). His successful investment philosophy focuses on long-term stakes in excellent businesses. This has led many investors to wonder about Warren Buffett’s favorite stocks As Berkshire
AI adoption has skyrocketed in 2023. Generative AI applications like ChatGPT gained serious attention in early 2023, sparking a trend. That resulted in skyrocketing AI stocks, but adoption began well before that. Rates of AI adoption vary by industry and function, but overall growth rates were likely somewhere in the high teens in 2022. Those
The biotech sector will always house stocks with explosive upside potential. The very nature of the sector ensures that will continue to be the case. Developing breakthrough pharmaceuticals and medical devices requires massive sums of money and long periods of time. Firms in the space must clear significant hurdles, including FDA regulatory requirements that often
The electric-vehicle revolution and the evolution towards self-driving are two of the more exciting technological changes in our lifetime. The proliferation of EVs has not only enabled start-up automakers with enormous potential to be formed and begin selling tens of thousands of vehicles, but EVs have sped up the digitalization of automobiles. As a result,
Finding overvalued stocks to sell isn’t hard. Investors today have more information than ever, promoting company transparency. However, this also means investors must contextualize this information when investing. Often, a couple of negative headlines don’t alter a company’s investment thesis. Savvy investors know there are many reasons to sell a stock, but emotion should rarely
The US is seeing a surge in cannabis legalization, with 39 states allowing medical use and 21 states permitting recreational use. Despite this, the cannabis industry has been grappling with economic and industry challenges, such as oversupply and inflation, which have created a tough environment for the industry in 2022 and beyond. As such, it
In the age of artificial intelligence (AI) and advanced technologies, machine learning (ML) has emerged as a game-changer. ML is revolutionizing industries and propelling businesses forward. As organizations strive to stay edgy, three companies have stood out as trailblazers in harnessing ML’s power. Notably, the first company focuses on operationalizing AI and ML models. It bridges
In this article BA SPR ABI-BE DRI TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla car dealership is seen on May 31, 2023 in Austin, Texas. Brandon Bell | Getty Images Check out the companies making the biggest moves in premarket trading: Tesla – Shares dropped more than 3% before the bell after Morgan
Chinese EV manufacturers have alleviated concerns over rising COVID-19 cases by delivering strong numbers in December. Li Auto (NASDAQ:LI) stock, for instance, met its expectations with 21,233 vehicle deliveries, marking 50.7% year-over-year growth. This performance positions Li Auto as a promising player in the EV market, making it an attractive investment option. Here’s more on
Investors are interested in growth which is why cloud computing stocks will continue to make sense for the long term. Grand View Research expects the cloud computing market to grow at an annual rate of 14.1% between 2023 and 2030. That growth far exceeds growth in the overall economy and will entice investment capital en
The S&P 500 index has gained momentum with a rally of 14% for the year. However, the rally is largely concentrated to blue-chip stocks. There are dozens of attractively valued growth and penny stocks to buy. Among small-cap stocks for high returns, I believe certain names are worth buying at current levels for multi-bagger returns.
Artificial Intelligence is transforming industries and how! We’ve seen some of the biggest tech companies emerge as pioneers in the field and this has taken the market valuation to new highs. The companies that are developing products and services for AI applications will see immense growth soon. The recent quarterly results of several tech companies
Growth stocks haven’t had it equal this year, and largely companies who have mentioned “AI” multiple times in their earnings call are on a tear so far. Indeed, the hype behind such AI stocks is eerily similar to the tech bubble that brewed in the early 2000s, but this time with the AI segment. Back
Investors seeking to capitalize on the rapidly expanding market should pay close attention to AI stocks with high potential. The imminent possibility of a possible deal between Amazon (NASDAQ:AMZN) and AMD (NASDAQ:AMD) sparks immense interest. It is the ideal time to consider AI stocks to buy before the Amazon-AMD deal. Identifying the top AI stocks
When publicly traded companies are feeling confident and flush with cash, they tend to reward shareholders with increased dividend payments and stock buybacks. In April, CNBC noted that share repurchases in 2023 were nearing a record pace at close to $1 trillion. And plenty of companies have increased their dividend payouts this year. Today, we’ll
No investment can be called 100% safe. However, JPMorgan Chase (NYSE:JPM) stock isn’t likely to bankrupt its long-term investors anytime soon. The stock gets a “B” rating as JPMorgan Chase continues to widen its influence through merger and acquisition activity. Don’t get the wrong message here. The “B” rating means that JPMorgan Chase isn’t infallible, especially
The market has had a good first half this year. All three major indices are in the green, with the tech-laden Nasdaq up 30% and the S&P 500 index having gained 14%. Investors have been cheering this year’s rally following the conclusion of the longest bear market since the late 1940s. But how long can