Stock Market

Today, stocks are rallying to fresh record highs. Though, that’s not necessarily news; it’s been happening all year long. But I’d argue that today is much more than just your average “good day” on Wall Street. In fact, this could be the Street’s best day of 2024.   Now, that’s not because stocks are posting their

Wall Street loves artificial intelligence no matter what flavor it comes in. After intelligent voice leader SoundHound AI (NASDAQ:SOUN) reported second-quarter earnings on August 8, analysts engaged in a round of raising their price targets on SOUN stock.  They now have a $7.08 per share consensus view for the stock, which implies a 42% upside

Palantir (NYSE:PLTR) stock is a company to watch as it heads into its earnings season for the third quarter. My recommendation for investors to hold this stock. Palantir stock continues to show strong revenue growth. I have concerns about the firm’s valuation and its ability to improve profitability. The third quarter will be an important

Electric vehicle manufacturer Tesla (NASDAQ:TSLA) might be the least loved Magnificent Seven member. Oddly enough, Tesla is either a pioneer or a pariah, depending on whom you ask about it. The best way to sum up Tesla’s current situation is: “It’s complicated.” Therefore, if you intend to buy Tesla stock, only purchase a few shares and have

Is there an artificial intelligence (AI) stock bubble that’s only starting to burst, or is the latest sell-off nothing more than a healthy, much-needed correction? That’s the big question on investors’ minds as they contemplate buying the dip in previously heated growth plays that are starting to show signs of bottoming out. Of course, only

A lot of analysts have been discussing the potential of Apple’s (NASDAQ:AAPL) stock from the lens of the company’s slowly declining innovative edge. After all, 2023 marked the first year that Apple’s sales for devices like the Mac and iPad dipped substantially from the year prior. Whether it was a lack of innovation or declining

The tech sector selloff that began in July gave investors the jitters. The best tech stocks were in freefall after carrying the Nasdaq 100 to new heights. In fact, the index is still in correction territory as it is down more than 10% from its all-time high. Some of the leading names in the tech

Rivian’s (NASDAQ:RIVN) Q2 results were mixed. I feel that this quarter will be crucial for Rivian’s stock performance. Revenue increased. It grew 3% year-over-year. Revenue reached $1.158 billion in Q2 2024. This beat analyst estimates of $1.13 billion. Another positive was the delivery of 13,790 vehicles. However, production dropped by a significant percentage: 31% from

Amazon (NASDAQ:AMZN) fell hard after its second-quarter earnings report and the tech sector selloff. Shares are down 17% from their recent high when the e-commerce giant briefly hit a $2 trillion valuation.  Although Amazon stock had been much lower and has since clawed back a few percentage points of gains, when it will regain the

Former president Donald Trump’s running partner for the 2024 presidential contest is JD Vance. Declared in mid-July 2024, this choice positions Vance as the Republican vice-presidential candidate alongside Trump himself. JD Vance follows Donald Trump’s populist agenda and draws on his venture capitalist and political expertise to shape economic policy and investing strategy. Thus, JD

Amazon (NASDAQ:AMZN) has long been a powerhouse in both e-commerce and cloud computing, captivating investors with its growth potential. However, recent market dynamics have led to question marks as to how Amazon stock may behave in the rest of 2024. After its latest earnings report, AMZN shares declined around 10%, exacerbated by a broader market

Apple (NASDAQ:AAPL) stock has long been the gold standard in tech – the most valuable company in the world, with a fanatically loyal customer base and an unmatched track record of innovation. For years, investors flocked to AAPL as a safe haven, a stock you could count on for steady, reliable returns in both good

Advanced Micro Devices (NASDAQ:AMD) has been living in the shadow of its larger rival, Nvidia (NASDAQ:NVDA), for quite some time now. In less than a year, AMD has gone from being seen as a peer to Nvidia to more of a “Nvidia-lite” in the eyes of many investors. The stock tends to move in tandem

Every investor is well aware of the volatility sweeping the markets over the past few weeks. The same investors are trying to understand whether a market meltdown or massive opportunity is ahead. While no one knows with 100% accuracy there are several stocks investors should watch to get a better grasp of the future market

The recent plunge investors have seen in Super Micro Computer (NASDAQ:SMCI) has been truly remarkable. Shares of the server and storage giant surged more than 1,200% during the recent AI boom but have since dropped more than 50% from their peak. That said, there are reasons why many investors view SMCI stock as a strong

Always pay close attention to new stock price targets from firms, like Needham.  While the firm won’t always get it right, price upgrades are still worth paying attention to.  Perhaps they’re seeing favorable industry trends that are impacting a covered stock. Maybe the financial health of a stock based on earnings or guidance is improving.

Leading contract chip manufacturer Taiwan Semiconductor Manufacturing (NYSE:TSM) has undeniably been a market darling so far in 2024. The stock’s ascent to an all-time high of $193.47 on July 11 shows its dominant position in the global chipmaking landscape. TSM stock has surged over 50% year-to-date (YTD). It has significantly outperformed the Philadelphia Stock Exchange

Amazon (NASDAQ:AMZN) held its annual Prime Day sales extravaganza on July 16 and 17. Shoppers spent an estimated $14.2 billion this year over the two-day event, an 11% increase from last year. While Amazon is light on details of how much was actually spent, it said it was another record-breaking sale that saw a record

Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL)continues to ride AI and cloud tailwinds. Quarter-one solid earnings results and integrating Gemini AI into Google Search and its suite of Google apps have tech bulls confident in the long-term success of Alphabet stock. AI has driven the market ever since OpenAI launched ChatGPT in 2022. While Alphabet stock has trailed other

Palantir Technologies’ (NYSE:PLTR) shareholders fared well in the first half 2024 — no doubt about that. So, what’s next for Palantir? Palantir’s growth vision seems otherworldly based on recent announcements. Overall, we rate Palantir stock as a “B” and recommend it for a small share position. Oddly enough, one famous stock picker seemingly accused Palantir Technologies