Artificial intelligence (AI) continues to be the major talking point on Wall Street in 2024. This makes the case for the best cheap AI stocks to buy. There are several companies that have skyrocketed this year due to their innovation and earrings growth driven by the sector. The future growth potential is undeniable, but many
Electric vertical takeoff and landing (eVTOL) aircraft manufacturer Joby Aviation (NYSE:JOBY) gained altitude recently after obtaining a new certification from the Federal Aviation Administration (FAA). It moves the eVTOL leader one step closer to its goal of commercializing its business next year. Although it is helping to create an entirely new industry from the ground
Energy stocks soared in 2022 as prices rose with a rapid rise in demand after COVID lockdowns were lifted and supply shocks due to the Ukrainian war. However, they have since declined, suffering a big blow in 2023 when energy prices remained flat. Heightened oil prices at the start of 2024 boosted energy stocks. However,
In the first half of the year, Stellantis (NYSE:STLA), the automaker that owns the Chrysler and Fiat brands, struggled mightily. Indeed, the company’s share of the North American and European markets fell significantly, while its financial results plunged compared with the first half of 2023. But all hope is not lost for Stellantis and Stellantis
Identifying stocks to sell is crucial for investors who want to keep their capital. That might mean occasionally rebalancing one’s portfolio, or if the situation is grave enough, some stocks might need to be cut completely out. And, with how bullish the tech industry is right now, I bet most of you are holding a
The Nasdaq and S&P 500 had their worst days since 2022, driven by disappointing earnings from mega-cap names. Recession indicators are flashing yellow, with the “Sahm Rule” unemployment metric edging dangerously close to signaling a downturn. Yes, the inverted yield curve has been wrong so far this time around, but that doesn’t mean we should
Grapevine, TX-based GameStop (NYSE:GME) is a global operator of video game retail stores, with an online presence as well. The company focuses on the U.S. market, but has presence in Canada, Australia and Europe under other banners, selling a range of gaming products as well as other collectibles and technology at its locations. That said, it’s
As the poster child of the fourth industrial revolution and the artificial intelligence (AI) boom, Nvidia (NASDAQ:NVDA) stock has certainly gained the most in terms of reputation visibility, and popularity for its products in the last two years. Much of this excitement was justified in the early days as the company had provided novel technologies
As we approach the end of July, the allure of high-flying growth stocks may be wearing thin for some investors. While these stocks have been the darlings of Wall Street during periods of bullish market sentiments, not all growth narratives continue upward indefinitely. Growth companies are typically leaders in innovation and technological advancements, and investors
It is evident that the electric vehicle (EV) industry has massive potential for long-term growth and sustainability, which makes these EV stocks a solid investment. This year has been highly profitable for several global industries, and the EV industry is not exempt. However, while it is true that the industry is lucrative, not all EV
Trump Media Technology (NASDAQ:DJT) stock is particularly sensitive to political news. After a bump following the biden announcement DJT stock has returned to its post-announcement numbers. On July 21, President Joe Biden withdrew from the 2024 race and endorsed Kamala Harris as the Democratic nominee, citing party pressure to do so. DJT Stock After Biden
Biotech stocks are known for their high volatility and potential for massive gains. The success in the sector often hinges on progressive and often groundbreaking medical advancements. Any concerns relating to upcoming drugs can have severely negative effects on stock prices. As per Precedence Research, the global biotechnology market is projected to grow from $1.38
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
In this article SNN SN.-GB Follow your favorite stocksCREATE FREE ACCOUNT A logo sign outside of a facility occupied by Smith & Nephew in Austin, Texas. SIPPL Sipa USA | AP Company: Smith & Nephew (SN.-GB) Business: Smith & Nephew is a British portfolio medical technology company that operates worldwide. The company develops, manufactures, markets
Finding millionaire-making stocks is not easy. While we can’t tell the future, we can do the next best thing: think forward, gauge a company’s room for growth, and determine how it intends to reach the next level. Here lies the beauty of mid-cap stocks, a market cap category sometimes overlooked in favor of large and
Earnings season is a combination report card and progress report. The headline results tell investors what already happened. There’s nothing that can be done about it. That’s the report card part of it. It’s the guidance a company gives that can tell investors what may be coming in future quarters. That’s the progress that investors
Editor’s note: This article was previously published with the title, “ChatGPT’s Creator is Betting Big on This ‘Limitless Energy’ Breakthrough,” in June 2024. It has since been updated to include the most relevant information available. For a moment, imagine a world of limitless energy – where there’s so much energy produced that everyone, everywhere, can
You can tell it’s the dog days of summer by the kind of business news covered by the media. On July 9, Oracle (NASDAQ:ORCL) announced a tie-up with Palantir Technologies (NYSE:PLTR) that seemed to move both Oracle and Palantir stock. “Oracle today announced that Palantir’s Foundry Platform and Artificial Intelligence Platform are certified on Oracle
Over the years, especially the past three, I have become more cautious about the technology sector’s blatant overvaluation. Nevertheless, it is difficult to ignore the capabilities of companies such as Nvidia (NASDAQ:NVDA) and their innovative solutions for AI. Although, in my opinion, the market’s optimism has still led to high valuations. This is why I
Recession-proof utility stocks have always been stable dividend payers, making them popular long-term investments. But new exponential demand driven by artificial intelligence transforms these Wall Street wallflowers into high-growth AI plays. According to Goldman Sachs Research analysts, AI is set to drive a 160% increase in data center power demand. With interest rates potentially lowering
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