Nvidia has found success in China by selling automotive chips to the country’s electric car companies. But the U.S. semiconductor giant has been restricted from sending some products to China. So far, electric vehicle makers do not seem to be affected. Budrul Chukrut | Sopa Images | Lightrocket | Getty Images Check out the companies
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While the concept of heavily bidding up blue-chip stocks for a healthy portfolio isn’t exactly the most exciting proposition, under the present circumstances, it could be the most sensible. Fundamentally, with Democrats and Republicans at loggerheads over the debt ceiling crisis, anything can happen. At the moment, Reuters reports that the two sides have made
It’s no secret that Nvidia (NASDAQ:NVDA) has been a major winner in the tech sector this year. This raises an important question, though: Can NVDA stock maintain its momentum in 2023? I’ll answer that question with an enthusiastic yes, as Nvidia is making significant strides as a supplier of essential hardware for modern supercomputers. People already
Editor’s note: “Industry Catalyst Gives Desktop Metal Enormous Potential” was previously published in November 2022. It has since been updated to include the most relevant information available. When it comes to 3D printing leader Desktop Metal (DM), it’s all about the Fourth Industrial Revolution. That is, the company has been at the epicenter of a
If we go back about five months ago, no one was looking for the next trillion-dollar companies. Apple (NASDAQ:AAPL) was making new 52-week lows at the start of 2023, while many mega-cap tech names were rolling over in late December and early January. It didn’t matter if it was a well-established tech giant or the
In this article CCL AEO SNOW BBY NVDA Follow your favorite stocksCREATE FREE ACCOUNT The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Nvidia | via Reuters Check out the companies making the biggest moves in premarket trading Thursday: Nvidia — Shares soared 28% after the
The soft inflation report was a sigh of relief for many sectors, especially the energy industry. With high-interest rates, economic slowdown, and weakness across multiple sectors, oil prices have taken a hit. They have seen massive volatility over the past few months. With the onset of summer, I believe oil prices could be ready for
For more than two months, shares in electric vehicle maker Rivian Automotive (NASDAQ:RIVN) have languished at prices in the low-to-mid teens per share. That’s a far cry from the more than $30 per share RIVN stock traded for as recently as December. This former hot stock’s high-water mark was $172 per share, hit not too long
Among the most prominent EV companies in China, Nio (NYSE:NIO) stock is the leading Chinese EV play. Nio designs manufactures and sells smart electric vehicles in China. The company also provides sales services. China has achieved a significant milestone as the first major market with EVs capturing a 25% market share. In contrast, Norway, with
In less than eight months, Meta Platforms (NASDAQ:META) stock has gone from the most undervalued stock in America to the most overvalued. On the surface it’s a study in failure. Its new name represents technology that is already a dead end. The company has been laying off people all year, and it’s still laying them
Plug Power (NASDAQ:PLUG) has demonstrated impressive top-line growth, and the PLUG stock perma-bulls will be sure to point this out. Yet, that’s not the full story. Even as Plug Power reports strong revenue and issues an ambitious outlook, the hydrogen and fuel cell producer seems to have trouble converting its sales into profits. It’s no secret
When the overall market conditions are bullish, the movement in penny stocks is like the cryptocurrency world. Individual stocks can deliver multibagger returns in weeks. This price action was clear during the meme stock frenzy during 2021. Currently, some of the top penny stocks are depressed. However, market movements are cyclical. It’s the best time
When it comes to investing, penny stocks often evoke a sense of intrigue and opportunity. These low-priced securities, typically traded under $5 per share, can potentially deliver substantial gains quickly. If you want to dive into the world of penny stocks, we have curated a list of three promising options. This article will explore the top
The most recent regulatory disclosures of hedge funds show that they have increasingly concentrated their investments in technology stocks. Especially with many tech stocks rebounding from a brutal 2022. In fact, artificial intelligence has reinvigorated many tech stocks, drawing the attention of hedge fund managers. Some of those top tech stocks include the following: Alphabet (GOOG
Insider buying, or the legal, reported purchase of shares in a company by its C-suite/board members/large shareholders, is considered a bullish signal. However, does that mean it is best to sell/avoid stocks insiders are selling? Put simply, it depends. Heavy insider selling, or even a lack of insider buying, can sometimes be a sign that those most
While electric vehicles may dominate the roadways of the future, their general underperformance since the beginning of 2022 has clouded the narrative of EV stocks with high potential. To be sure, the dramatic rise of competition in the arena most likely won’t be sustainable. Unlike what your kindergarten teacher told you, everybody can’t be a
With the Scion Asset Management hedge-fund manager rocketing to fame thanks to the film “The Big Short,” seemingly everyone wants to talk about Michael Burry stock picks. Recently, CNBC featured the contrarian and often-enigmatic investor, disclosing Scion’s top 10 holdings as of the first quarter’s end. True to form, these Michael Burry stocks offer an
When it comes to possibilities of outsized rewards, few sectors can beat out biotech stocks with blockbuster potential. Fundamentally, the underlying sector enjoys a massive footprint. According to Grand View Research, the global biotech market size reached a valuation of $1.37 trillion last year. However, the segment might expand at a compound annual growth rate (CAGR)
Lithium prices have crashed after a two-year bull run led by soaring demand in China. The spot price of lithium plunged 70% between last November and April of this year. The key component in electric vehicle (EV) batteries has been driven lower by a downturn in China’s EV market, and also by a weakening global economy
The clean energy stocks listed below offer the opportunity to multiply an investor’s capital. They’re high-risk investments, but that risk is balanced by significant return potential. Clean energy is a breakthrough sector investors are looking over the long-term. As the transition away from fossil fuels continue, momentum in this sector should continue. This rising tide has