Stock Market

The 2022 tech wreck wiped out 40% of Alphabet’s (NASDAQ:GOOG) equity value. However, 2023 has brought GOOG stock within 3% of where it was two years ago. The company behind Google is now worth $1.33 trillion, making it the third most-valuable of the “Cloud Czars” behind Apple (NASDAQ:AAPL) at $2.6 trillion and Microsoft (NASDAQ:MSFT) at $2.1 trillion. But neither of the
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General Motors (NYSE:GM) is firing on all cylinders. Plus, the American auto sector is again accelerating. Moreover, GM’s longer-term prognosis is quite good, as the automaker’s electric-vehicle business looks poised to thrive. Better, GM appears well-positioned to launch a lucrative robotaxi business.  Given these points, I’m very bullish on GM stock, and I recommend that
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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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In recent weeks, investors have started to become charged up again about China-based electric vehicle company Nio (NYSE:NIO). Sentiment for NIO stock has shifted back to positive, resulting in a rapid move for shares back to double-digit prices. Several recent developments have played a role in getting the stock back on an upward trajectory, but
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Machine learning software specialist C3.ai (NYSE:AI), has received a lot of press coverage this year, but is AI stock worth your attention now? Some analysts are skeptical. Yet, the bullish argument might prevail in 2023 and beyond as C3.ai is a strong contender in the high-conviction artificial intelligence market. Without warning, machine learning became a top-trending
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If you’ve been looking for IPOs to watch out for in 2023, you’ve likely come up empty-handed. According to Renaissance Capital, just 29 companies have gone public in the United States so far this year, raising $2.3 billion in proceeds. That’s 61% and 10.5% higher than in 2022, respectively. But it still pales in comparison
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Analysts have a lot to say about electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN). Some of what they’re saying is positive, but there are some cautionary notes as well. By and large, however, the experts on Wall Street generally expect RIVN stock to move higher. So, consider taking a share position in Rivian for the
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It’s no surprise that SoFi Technologies (NASDAQ:SOFI) stock has performed poorly as of late. This month’s banking crisis has considerably pressured financial stocks. Add in the surface-level similarity between SoFi, and SVB Financial (NASDAQ:SIVB), and it makes even more sense why the market has gone from bullish to bearish on shares in this fintech firm/neobank.
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Is Amazon (NASDAQ:AMZN) stock on the cusp of a breakout, or just a fake out? It’s been rough going for Amazon’s loyal investors during the past year. However, the story of 2023 is still unfolding, and there are valid reasons to stay in the trade with Amazon. Not long ago, InvestorPlace contributor Bret Kenwell suggested that
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After plunging during February, shares in Google parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) rallied during March. Trading for just under $91 per share at the start of the month, as of this writing, GOOG stock changes hands at around $103 per share. The stock is near price levels last seen just prior to the tech giant’s poorly
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Many Lucid Group (NASDAQ:LCID) stock investors are underwater now, but they shouldn’t lose hope. A share-price recovery is likely, as the market has already punished Lucid for its lackluster 2022 performance. Besides, Lucid Group’s market presence is expanding abroad, and the automaker could establish a strong foothold in Saudi Arabia. The bears and short-sellers will undoubtedly
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