Stock Market

Did you ever get the feeling you’ve been tricked? I posited that Reddit (NYSE:RDDT) shares could rally like Meta Platforms (NASDAQ:META) stock did. Now, I’m having serious doubts and can’t bring myself to recommend investing in Reddit stock right now. I’m not denying that Reddit’s debut for public trading could still be 2024’s most important initial

Could meme-stocks revival be underway? Trump Media & Technology Group (NASDAQ:DJT), typically shortened to Trump Media, recently started trading publicly. This long-awaited event occurred in the wake of a special purpose acquisition company merger with Digital World Acquisition. Whether Trump Media stock is a meme stock or a sustainable wealth builder, it’s definitely worth checking out

It’s no secret that the Magnificent 7 stocks have performed exceptionally well throughout 2023 and into 2024.  In this article we’re going to look at the best case scenarios for those equities. Before getting into those best case scenarios let’s take a look at just how important they’ve become. In 2023 The Magnificent 7 pulled

Are you considering investing in gold mining stocks as the price of gold rallies? There are several reasons why now might be a good time. First and foremost, they can provide a quasi-form of leveraged exposure to gold prices. If the price of gold rises, gold mining stocks may rise even more. But that’s not

Salesforce (NYSE:CRM) stock is a darling of the market, but if CRM stock has gotten ahead of its skis, so to speak, then it’s time to be cautious, not greedy. The smart strategy now is to just let the Salesforce share price drop before making a move. Since Salesforce stock has already rallied sharply, investors assume that the

Are you ready for a roller-coaster ride? SoundHound AI (NASDAQ:SOUN) stock is volatile but on an overall uptrend. It is an interesting company with strong revenue growth, but it’s also the target of a notable short seller. SoundHound AI occupies a specific niche in the artificial intelligence technology space. Specifically, the company “offers voice AI

The first quarter of 2024 is drawing to a close. Within 45 days, money managers with more than $100 million in assets under management (AUM) will be required to file their 13F forms with the SEC disclosing their portfolio holdings. As a result, hedge fund investors are noticing some big buys and sells. The filings

The AI race is growing tougher day by day, but Palantir Technologies (NYSE:PLTR) stock has proven that it’s not too behind the competition.  In fact, the company has made solid progress in achieving key milestones in its AI capabilities and shown the ability to secure contracts in this realm. Palantir recently partnered with the U.S

Solid-state battery startup QuantumScape (NYSE:QS) made a quantum leap in value with QS stock rising 8%. It brought the scrappy battery maker back to break-even for the month, though it remains 10% below where it started the year. Is that a sign for investors that QuantumScape is ready to recover the significant ground it’s lost

As Biden winds down his first term, he and his administration are introducing a slew of new electric vehicle (EV) policies to make the market more accessible and, possibly, reinvigorate slumping sales as car buyers increasingly cycle back toward conventional car offerings. Last year, EV sales dropped more than 70% as consumers considered their high

Reddit (NYSE:RDDT) stock is a global social media company founded in 2005, that provides an online platform for people to discuss various topics. RDDT stock went public last week at a share price of $47, which increased by 30% to $59.8 just this Monday. Reddit’s IPO is a move to allow a company to raise

FactSet Vice President and Senior Earnings Analyst John Butters’ Earnings Insights weekly research report covers, amongst other things, the number of times S&P 500 companies mention the words “artificial intelligence” and “AI” during their quarterly earnings calls.  In Q4 2023, the conference calls carried out between Dec. 15, 2023, and March 14, 2024, FactSet found

The amount of video streamed by Americans surged 21% last year to an equivalent of 21 million years. What’s more, total TV consumption was little changed in 2023 versus 2022. So obviously, the amount of time spent by Americans watching traditional TV fell by about 21%. And since advertisers tend to follow consumers, the trend

If you expect Bitcoin (BTC-USD) to move higher, there are a number of ways to participate in the rally. You can buy Bitcoin, a Bitcoin exchange traded fund or take your chances with Marathon Digital (NASDAQ:MARA) stock, which earns a “B” grade for offering prime Bitcoin-miner exposure along with a high dose of volatility. Marathon Digital is

Anyone else notice that Gap (NYSE:GPS) stock has been on an absolute tear since May 2023? Since May, GPS stock has made a big move from $7 to $27. Much of it is justified, as it’s coming from strategic initiatives starting to pay off. Gap seems to have turned the corner across all its brands

Heading into 2024, many analysts believed Chipotle (NYSE:CMG) was on the verge of splitting its stock. But many weren’t prepared for the company’s 50-for-1 split, one of the recent most extensive stock splits.   Stock splits are generally seen as being bullish signs for a stock. This is even though a split doesn’t change the

According to our analysis, a major shift is coming for the AI industry. It’s likely to shock most investors. It may even bankrupt some. But those who prepare for this potentially seismic jolt today could make fortunes over the coming months.  That’s why, in a new broadcast tonight, March 27, at 8 p.m. Eastern, I’ll

Without a doubt, SoFi Technologies (NASDAQ:SOFI) stock is a lightning rod on Wall Street. You can love or hate the company, but you can’t just ignore SoFi Technologies. If you’re thinking about dumping your SOFI stock now, though, consider why the share price is down. After considering the facts and the big picture, you might choose to

When shares of Trump Media (NASDAQ:DJT) began trading under its new ticker on Tuesday, traditional media outlets could hardly understand the stock’s 50% rise. How could a loss-making firm in a cut-throat industry become worth almost $10 billion overnight? Short sellers have also sensed blood. According to Fintel.io, a financial data provider, virtually all available

Last year was the year of the Magnificent 7 stocks, the seven tech companies that powered the S&P 500 to a 24% gain. So dominant were those seven companies that if you removed them from the equation, the benchmark index would have generated only 8% for the year. That’s because the S&P 500 is a