In this article FLT RBLX PENN GPN WYNN TPR CPRI APP BABA DIS Follow your favorite stocksCREATE FREE ACCOUNT Employees prepare a window display at a Kate Spade shop in The Shoppes at Marina Bay Sands shopping mall in Singapore on June 19, 2020 as retail shops reopen in Singapore following the further easing of
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Sometimes Wall Street likes China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO); other times, the automaker is in the doghouse. In recent months, financial traders have favored NIO stock and it has nearly doubled in price. The stock should still have some gas left in the tank, however, especially in light of Nio’s latest EV delivery data.
A recent analyst report from Keefe, Bruyette & Woods analyst Michael Perito questioned whether the momentum SoFi Technologies (NASDAQ:SOFI) stock was experiencing was justified given its troubles. The reality is there are alternative stocks to SOFI. Since Perito asserted that SoFi has “overshot the fundamental earnings outlook,” its shares have lost 21.5% of their value,
Disney’s (NYSE:DIS) financial performance has been a roller-coaster ride. While its third-quarter revenue for fiscal year 2023 saw 4% growth to reach $22.33 billion, it fell short of the estimated 4.8% growth to $22.53 billion. Disney’s adjusted earnings per share managed to surpass Wall Street’s expectations as cost-cutting initiatives start to show. The stock has
Shares of Massachusetts-based T2 Biosystems (NASDAQ:TTOO) surged another 30% this week on meme stock interest. According to financial data provider Fintel.io, retail ownership has now risen over six-fold since last month. In a sense, T2’s rapid ascent comes as no surprise. Shares of the highly shorted healthcare firm have risen 110% since the start of
Quantum computing happens to be one of the most promising technologies of the 21st century. The rise of generative AI and the subsequent surge in AI stocks has also had investors searching for the best quantum computing stocks. The novel technology has the potential to solve complex problems that normally slow down classical computers, such
AI stocks have already had such a stellar run in 2023 that it’s fair to ask if there’s anything left. The answer, of course, is yes. We are still very much in the early stages of the generative AI boom. It’s a boom that promises to reshape our world and touch on many aspects of
Investing in growth stocks can be risky, especially for those migrating into new markets or turnaround ventures. Personally, I’ve experienced losses from such endeavors. Amid rising interest rates, caution is advised for overpriced growth stocks. Despite recent declines, their valuations remain risky. Two factors contribute to their potential downfall: further interest rate hikes and underwhelming
In this article APP DIS TTD SIX WYNN Follow your favorite stocksCREATE FREE ACCOUNT A shopper looking at Michael Kors handbags in Macy’s flagship store in New York. Scott Mlyn | CNBC Check out the companies making headlines before the bell: Capri, Tapestry — Capri soared more than 57%, while Tapestry slid 3.2% in premarket
As digital banking tools, such as banking apps and automatic bill payments, increase in popularity, the fintech sector is poised to grow rapidly. Additionally, financial institutions have been adopting many high tech tools in an effort to cut their costs and make their businesses more user friendly. As a result of those points, venture capitalists
Since the launch of ChatGPT early in 2023, companies have been falling over themselves to tout their artificial intelligence (AI) capabilities. That’s making it important for investors to define what puts a stock on their list of the best artificial intelligence stocks. But that task is becoming more difficult. You know that something is approaching
If you’ve been looking to increase your portfolio’s exposure to the “green wave,” or the global move towards renewable energy and environmentally sustainable practices, Flexible Solutions International (NYSEAMERICAN:FSI) stock may be one to add to your watchlist. Sure, FSI stock is very obscure, compared to other names benefitting from this trend. Even so, I wouldn’t
As the Nasdaq starts to plateau and more economists signal volatility ahead, it might once again be time to look for a port in the storm. Last year, investors that bought into the safest stocks had solid insulation from the widespread market selloff. In most cases, such investors were able to outperform the broader market, simply
Bank stocks have been thrust into the investor spotlight due to the recent Federal Reserve stress tests and the drama about regional banks. However, despite these challenging waves, a few bank stocks have kept their heads above water, drawing investors to hunt for the best bank stocks to buy. Fueled by favorable stress test outcomes
The technology-laden NASDAQ continues to lead this year’s market rally, having risen 34% since Jan. The Q2 prints by leading technology concerns have served to underpin the index and position it for a continued bull run into year’s end. With a few exceptions such as Apple (NASDAQ:AAPL), the Q2 results from the dominant technology companies
While it’s tempting on many levels to ride the flavors of the week, investors seeking long-term growth should consider the best sleeper stocks to buy. These securities feature very little investor interest for whatever reason. However, they offer significant upside potential, rewarding astute investors willing to look beyond the noise. At this juncture, undervalued stocks
Stocks to triple your money isn’t an ideal approach for everyone, if I may be blunt. Before you engage in wild speculation, you want to have your financial bases covered. Once you’re on solid footing and you happen to have some pocket change burning a hole in your wallet, then (and only then) should you
August started with a whimper, as the recent stock rally receded. After hitting an end-of-July $457 high, the SPDR S&P 500 ETF (NYSEARCA:SPY) pared back its gains and fell about 2% with plenty of intraday volatility on the charts. Although we’re closer to the Fed’s soft landing promises than many expected just a year ago, plenty
With hopes for lower interest rates and normalizing economic conditions, real estate investment trusts (REITs) have been moving higher. However, as macro uncertainties mount, there are now plenty of REITs to avoid in August. After all, REITs are highly sensitive to interest rates (rising when rates fall, sinking when rates rise). Plus, if it turns
Roughly 10 years ago, cloud computing was the hot trend and term of the investment community much like AI stocks today. Only it wasn’t a flash in the pan. Cloud technology has paved the way for giant gains over the last decade. For good reason, it still has investors looking for the top cloud computing