Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) faced an unusual setback when the stock dropped by over $100 billion following a mishap with its generative AI earlier in the year. Specifically, its Bard chatbot ad provided inaccurate information. Furthermore, analysts criticized the company’s AI search event for lacking details on responding to Microsoft’s (NASDAQ:MSFT) ChatGPT challenge in Feb. Alphabet is in a favorable
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While the inflation volcano and the geopolitical crisis of Russia’s invasion of Ukraine bolstered energy stocks to buy last year, in the new year, circumstances don’t seem so auspicious. With the Federal Reserve committed to tackling rising prices through interest rate hikes, commoditized products – including energy resources – seem destined to decline. To be
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While it’s always good to have decent exposure to investments yielding passive income, you also want to consider reliable dividend stocks with low-payout ratios. By that, I’m referring to enterprises that pay their dividends via a relatively small pool of their earnings. Generally, companies that feature a payout ratio between 20% to 50% offer confidence
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Like many other financial institutions, Ally Financial (NYSE:ALLY) is dealing with the mistrust of skittish customers. Yet, ALLY stock should recover this year, and the company’s customers need not worry. After all, Ally Financial is well-capitalized and has a business model that should allow the company to withstand the current banking crisis. Based in Michigan, Ally
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Although the fallout from the banking sector appears to have faded, investors still should consider stocks to buy that can weather storms. Understandably, this narrative runs counter to the apparently prevailing wisdom of the moment. For example, even legendary hedge-fund manager Michael Burry stated that he was “wrong to say sell.” Nevertheless, let’s look at
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To immediately answer the question posed by the headline of this column, I believe that Lucid (NASDAQ:LCID) and LCID stock are headed for much worse fates than Nikola (NASDAQ:NKLA) and NKLA stock. Moreover, the longer-term outlook of NKLA is much better than that of LCID. Unless Lucid can change its overall strategy or suddenly create buzz about itself and
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Will app-based bank SoFi Technologies (NASDAQ:SOFI) go down the tubes during the financial sector meltdown of 2023? Or, will SOFI stock stage a jaw-dropping recovery amid the chaos? Investing in SoFi Technologies certainly isn’t risk-free, but the potential payoff could be astounding. It may be tempting to lump SoFi Technologies in with some failing regional banks.
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Hydrogen could be one of the most explosive opportunities. After all, it emits no greenhouse gas, and the only waste product is vapor. And it could create a multi-trillion-dollar opportunity for long-term hydrogen investors. Even better, Goldman Sachs, for example, says the market for hydrogen production could reach $1 trillion by 2050. To reach net-zero emissions,
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The discussion around artificial intelligence (AI) has taken a dark turn. In recent days, a number of well-known technology leaders, including Tesla (NASDAQ:TSLA) CEO Elon Musk and Apple (NASDAQ:AAPL) co-founder Steve Wozniak, signed an open letter calling for a pause in the development of generative AI that they say poses high-level risks to humans and society. The strongly worded letter stated:
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