Stock Market

After two major meme-stock-driven gains in May and June, GameStop (NYSE:GME) stock has mostly been on the down and out. Having gained 48% year-to-date, it’s hard to call the 2024 performance of GameStop stock a disaster. This time last year, it traded slightly lower than today.  Keith Gill, the man behind the “Roaring Kitty” persona,

It’s been a crazy ride for Tesla (NASDAQ:TSLA) shareholders in 2024. Tesla stock opened 2024 trading at $250.08. It fell 44% in less than four months to a low of $138.80. In the 74 days since, TSLA is up 78%, less than $60 from $300, a level the stock hasn’t seen since September 2022.  Looking

Super Micro Computer (NASDAQ:SMCI), a provider of artificial intelligence server infrastructure, became the market’s new shiny metal object in 2024. There are reasons to like Super Micro Computer, including an agreement to manufacture hardware for a well-known billionaire. However, it’s problematic that Super Micro Computer stock is expensive and susceptible to a sustained pullback. It’s

You may be wondering whether it’s time to “buy the dip” with Advanced Micro Devices (NASDAQ:AMD). Put simply, we believe that there’s little reason to rush into an Advanced Micro Devices stock position. Although shares in the chip designer are currently finding support, another big reversal may be just around the corner. It all has

At first glance, it seems reasonable to expect Intel (NASDAQ:INTC) stock to rally this year since it manufactures AI chips like the ARC A770, A750, and A580 lineups priced at an attractive range. However, the stock is down 38% year-to-date in a year that tech stocks are rallying. Intel’s valuation is still high despite U.S.

Excuse me while I ask a crazy question: Are AI glasses the future of AI? I think they could be. Earlier this week, smart glasses maker Solos announced a partnership with OpenAI to integrate the new ChatGPT-4o AI model into a pair of “AI glasses” set to launch later this year. Sounds crazy. I know.

Following analyst upgrades, downgrades or initiating coverage reports can be exhausting. Wall Street is constantly raising, lowering or reiterating their position on a stock, sometimes changing a price target by just a few cents or dollars.  Yet knowing where analysts think a stock is headed can still be useful. After all, they do have access

Stock spinoffs typically don’t do well initially. Unloved by shareholders of the former parent company, often misunderstood by the market and sometimes laden with debt or other baggage the parent no longer wanted to carry, spinoff stocks can take time to find their footing. Yet such strategic investments represent an opportunity for savvy investors. If

A recent article appeared in Adweek highlighting the success both Walt Disney (NYSE:DIS) and Netflix (NASDAQ:NFLX) are having with their ad-supported streaming products. That got me thinking about the consumer stocks that have supported the two companies and revenue growth from increased advertising.  “Broadly speaking, we are going to see some more pronounced lift given

The electric vehicle industry is in turmoil. On the one hand, EV sales are booming with volumes expected to rise 21% this year. Still, the rate of growth is declining. Fewer new car buyers are electing to choose EVs when purchasing a vehicle.  Pricing is certainly still an issue facing EV stocks but it is

Social media is a fast growing market that Goldman Sachs expects to double to $480 billion by 2027. To take advantage of this trend, many invest in the obvious social media stocks like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) or Meta (NASDAQ:META). However, these companies are trading at all-time highs and there is no way to know if

If you’re reluctant to invest in PayPal (NASDAQ:PYPL), that’s understandable. It’s difficult for PayPal to protect its market share in the crowded and highly competitive fintech space. However, a moderately sized portfolio position in PayPal stock could still offer excellent returns over the long term. My previous analysis of PayPal suggested the share price will easily reach $90.

Nvidia (NASDAQ:NVDA) has become the face of artificial intelligence and its stock has responded in kind. Shares are up 200% over the past year and over 800% since the release of ChatGPT, which sparked an AI tsunami. Yet there is a world of stocks that are outperforming Nvidia. While the technology sector provides opportunity with

Known for her appetite for relatively risky tech-based stocks, Cathie Wood has become an icon on Wall Street. The founder of ARK Investment Management, Wood has accumulated a net worth of $220 million and built a reputation owing to her knack for identifying high-potential innovation-focused stocks.  Wood was recognized as Wall Street’s best stock picker

CNBC’s Jim Cramer was asked about SoFi Technologies (NYSE:SOFI) in a mid-June episode of Mad Money. The veteran investor said he’d have to wait on SOFI stock.  “Right now, that last quarter was not great. I just didn’t like it. And I’m going to have to wait,” Benzinga reported Cramer’s comments on June 17.  I

Prospects for interest rate cuts are fueling speculations about which small-cap stocks will be winners when they hit. Because smaller companies don’t have the same financial access as larger stocks, they are forced to borrow money at higher cost, which impacts their ability to grow. More often than not, they will hunker down instead of

Apple (NASDAQ:AAPL) plans to incorporate many artificial intelligence features into some of its products this fall. Specifically, the tech giant will provide AI-powered “writing assistance, image creation and editing” assistance, along with increased capabilities for Siri.  The updates will be limited to the “iPhone 15 Pro and 15 Pro Max, as well as iPads and Macs with M1

Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is trading above $185 per share and breaking all-time highs. On one hand, the solid business fundamentals justify the rapid rise Alphabet stock has enjoyed. However, I’m also avoiding Alphabet stock because it’s unclear how it will do in the artificial intelligence race and the soon-to-be decisions from Federal Trade Commission trials,

Following last night’s presidential debate, President Joe Biden has just a 19% chance of reelection. Betting odds show that former President Donald Trump has pulled far ahead. Here’s where things get interesting. It appears that no sector has been more sensitive to which party has presidential power than technology. If, over the next few months,

Amazon (NASDAQ:AMZN) is trading near all-time highs because of the company’s financial blowout year. It breached the $190 barrier after being unable to do so at its peak in 2021 and multiple times this year. With Amazon stock above this resistance, the momentum can keep the stock soaring. However, many are skeptical about Amazon’s valuation.