Stock Market

Plenty have thrown in the towel with positions in Lucid Group (NASDAQ:LCID), but many analysts and investors remain optimistic about the future prospects of LCID stock. While others have headed for the exits, they’ve held on, continuing to argue the consistently-questionable bull case for the struggling electric vehicle maker’s shares. In fact, just recently, the
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Microsoft (NASDAQ:MSFT) is a member of the “Magnificent Seven” group of tech firms. However, don’t assume that MSFT stock will deliver magnificent returns like it did in 2023’s first half. Sure, Microsoft’s investors will get exposure to the artificial intelligence market. Yet, current and prospective shareholders should be aware of a significant competitor that Microsoft will
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For the long term, I like the growth prospects of electric vehicle (EV) manufacturer Tesla (NASDAQ:TSLA). However, financial traders need to time their entry points carefully with TSLA stock. That’s a challenging task when Tesla’s chief executive is unpredictable. Some questions remain unanswered in 2023, it seems. Is Tesla’s strategy to lower its EV prices, or
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Unlike some other artificial intelligence stocks that have zoomed higher in 2023, there’s far more substance than hype with Nvidia’s (NASDAQ:NVDA) AI catalyst. In turn, there’s been some justification for the triple-digit run-up in the price of NVDA stock this year. However, the keyword here is “some justification,” Why? This stock’s more than threefold increase
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TradeSmith offers investors valuable tools for determining which stocks to watch. A good example is its Health Indicator feature. This comprehensive indicator provides an overall rating of a stock’s current health. Using this metric, you can quickly find potential opportunities to explore. Broken down into three “zones” (green, yellow, and red), you’ll have a general
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Some financial traders might dream of multi-bagger returns when they invest in electric vehicle battery technology company QuantumScape (NYSE:QS). I’ve warned people about QS stock before, and I’m still pessimistic. However, taking a share position could make sense if the price is right. Even a low-confidence stock can rally sharply in certain circumstances. For example, a
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This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. Nvidia’s (NASDAQ:NVDA) second-quarter results on Aug. 23 should have been a triumph for AI enthusiasts. The Silicon Valley chipmaker beat revenue estimates by 20.3% and net profits by 29.5%. These stunning figures would ordinarily
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It wouldn’t take a rocket scientist to know that the best-performing Nasdaq stock in 2023 is Nvidia (NASDAQ:NVDA), up 244%. It’s definitely one of the must-own Nasdaq stocks. According to Finviz.com, there are just three Nasdaq-listed Standards & Practices (S&P) 500 stocks that are up more than 100% in 2023; Nvidia is one of them.
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AI Stocks with big money have transitioned from niche chatters to mainstream investing circles. The results are palpable with organizations harnessing this transformative power to revamp operations and boost productivity. Moreover, the metrics are compelling. The global AI market was valued at a whopping $454.12 billion just last year with all signs pointing to a
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In a previous article, I discussed Tilray’s acquisition of Truss Beverage a company that makes cannabis infused beverages. Cannabis producers like Tilray (NASDAQ:TLRY) often raise investor caution due to their historical volatility. The modest market response to the significant announcement of Tilray’s takeover of the remaining 57.5% stake in Truss Beverage, a Molson Coors Canada
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Recently released macro economic data is indicating that the United States economy is heading for a “soft landing.” Specifically, according to the Department of Labor’s  Job Openings and Labor Turnover Survey (JOLTS) for July, “2.3%  of nonfarm payroll workers quit their jobs” last month, versus the high of 35 during the “Great Resignation.”   The “soft-landing”
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Following its recent earnings report, SoFi Technologies (NASDAQ:SOFI) stock initially surged, but has since retreated. Despite the pullback, the overall story on this formerly speculative stock remains positive. After its earnings, SOFI stock fell 18%, falling from around $10 per share to $8.17 at the time of writing. While such a move may certainly be
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It’s tough to argue that American Superconductor’s (NASDAQ:AMSC) recent supercharged rally was anything but the product of a meme-like wave of speculative frenzy. AMSC stock didn’t rally on game-changing news. Rather, as InvestorPlace’s David Moadel pointed out recently, chances are that it was statements from Tesla (NASDAQ:TSLA) CEO Elon Musk regarding the U.S.’s future electric
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