Stock Market

Towards the end of 2021, Nvidia (NASDAQ:NVDA) stock was trading at $300. NVDA stock corrected to lows of $108 by October 2022 before skyrocketing by more than 200% for year-to-date. The point I want to make is that the rally in blue-chip stock can be stellar from oversold levels. It does not take time for

“Social media is the ultimate equalizer. It gives a voice and a platform to anyone willing to engage.” –Amy Jo Martin This has not been a healthy market by any means. As I’ve noted numerous times, the vast majority of stocks have performed sub-par in what is otherwise supposed to be a strong year given

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

In May, Nvidia (NASDAQ:NVDA) briefly reached a $1 trillion market value, propelled by its success in the AI sector, with its stock tripling in less than eight months thanks to the growing interest in generative AI. Given the stock’s impressive momentum, many are now considering the potential from here. If a stock like Nvidia can

In early August, I wrote about how shares of T2 Biosciences (NASDAQ:TTOO) could rise to $1 or more in a short-term frenzy. Meme investors had singled out the stock, and heavy options trading meant shares were at risk of getting squeezed. Retail investors delivered. Within two weeks, TTOO’s stock had risen from 30 cents to

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

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

Last week, I mentioned in my article how C3.ai (NYSE:AI) is a significant player in AI, but its high valuation draws investor scrutiny despite its potential. This is a company that’s certainly polarizing, and for good reason. As far as companies viewed as battlegrounds in the artificial intelligence discussion, AI stock certainly makes the list

If GameStop (NYSE:GME) were an ordinary company, its second-quarter results released on Thursday should have been a triumph. Net sales of $1.16 billion represented a 2.5% increase from the previous year, and net losses were cut to a mere $2.8 million — a rounding error for a company that lost $50.5 million the quarter before.

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

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

When considering which cannabis stocks to buy, you may be tempted to go with Tilray Brands (NASDAQ:TLRY). Tilray is a diversified company with four main segments: Cannabis, Distribution, Wellness and Beverage alcohol. Tilray is a major player in the cultivation and distribution of cannabis, sells pharmaceutical and wellness products, and has a growing presence in the

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

Several growth stocks have rebounded this year on improved investor sentiment, even as macro uncertainty continues to impact businesses. While many experts anticipate the Federal Reserve holding on to interest rates at current levels, based on data revealed by recent economic releases, it is worth noting that inflation still remains above the Fed’s target of

In 2023, Archer Aviation (NYSE:ACHR) stock surged over 250%, drawing the attention of short sellers, with 24.58 million shares shorted as of Aug. 15, up from 14.1% on July 31.  With ACHR stock’s average daily trading volume, it would take 3.2 days to cover the short positions, considered moderately high. Thus, this is a company

The spread between bullish and bearish sentiment on Tesla (NASDAQ:TSLA) stock is bigger than for any stock ever. Bulls compare it with Apple (NASDAQ:AAPL), bears with General Motors (NYSE:GM). Right now, the bulls look right. TSLA stock is worth over 5 times next year’s revenue and 30 times 2024 earnings. At $145/share Apple trades at

Some consider market patterns akin to astrology, but seasonality can play a substantial role.  Research shows that the S&P 500 typically struggles throughout the summer months (July and August). The index limps into September before closing strong in November and December. To that end, investors should read the tea leaves of the past few months

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

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

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