Shopify (NYSE:SHOP), like so many high-profile growth/tech names, has experienced a big stock price recovery. SHOP stock has rallied by nearly 79% since January. Yet even as it appears that a comeback is in full swing, many analysts and commentators are ringing the warning bells about a possible pullback/correction. Many times, bearishness about a popular
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In this article LLY RIDE K WBA Follow your favorite stocksCREATE FREE ACCOUNT A man walks out of Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Check out the companies making the biggest moves in premarket trading: Walgreens Boots Alliance — The retail pharmacy chain
With the artificial intelligence boom gaining momentum, we’re likely to see far more acquisitions for some of the top AI stocks to watch. For one, AI behemoths like Nvidia (NASDAQ:NVDA), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), and Microsoft (NASDAQ:MSFT) are exploring new ways to innovate, stay ultra-competitive, and ramp up revenue. Two, according to International Data Corporation, spending on AI technologies is expected to balloon to about
QuantumScape (NASDAQ:QS) is a battery start-up which has seen extreme volatility in recent years. A play on solid-state battery technology, QuantumScape provides investors with a much more speculative potential earnings curve than its EV peers. In the previous bull market rally, QuantumScape achieved a remarkable $54 billion valuation. This valuation was driven by its solid-state
After hitting a 2023 high of nearly $9.75 per share on June 14, SoFi Technologies (NASDAQ:SOFI) stock was hit by bearish analysis that had brought it down closer to $8. The market cap on the online banking company was still $7.8 billion, five times more than the $1.57 billion of revenue it had last year,
Budrul Chukrut | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Lucid Group — Lucid shares jumped 9% after the electric vehicle maker said it will provide powertrain and battery systems to British luxury automaker Aston Martin. WSFS Financial — The regional bank added 4.4% after D.A. Davidson upgraded the
Year-to-date, market indices have rallied significantly, led by the magnificent seven. As of this writing, the Nasdaq 100 is up 36%, whereas the S&P 500 is up 13%. Despite the rally in the indices, not all stocks have participated. 2022’s winning sectors have been laggards and are reasonable hunting grounds for bargain stocks for 2023. In the first half, market
Given the riskier and more speculative nature of small-cap stocks, if you own a stock in this category, it’s important to keep an eye out for signs that said name has become one of the small-cap stocks to sell. A key warning sign to look out for is insider selling. That is the selling of
Analysts want to hit pause on Palantir Technologies (NASDAQ:PLTR) stock, saying the software as a service company is overbought as an artificial intelligence play. Since four analysts downgraded PLTR stock around June 16 they’re down 15%, trading June 22 around $14. The price remains generous. The company had $1.9 billion in sales last year but
In this article PACW GOOGL LCID MRNA TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla electric car is plugged into a recharging terminal at a Healthy Living Market store June 18, 2023 in South Burlington, Vermont. Robert Nickelsberg | Getty Images Check out the companies making the biggest moves in premarket trading: Tesla —
Income investors often search for stocks for long-term dividends and buybacks to round out their portfolios. The obvious starting point to locate these types of investments is by looking at yield. This tells you the percentage of that company’s share price paid out in dividends. It offers a touchpoint for investors, but it’s an imperfect
China-based electric vehicle manufacturer Nio (NYSE:NIO) is finally waking up to the idea that vehicle price cuts could be a winning strategy. Nio’s management doesn’t seem to think that battery swapping should be a free service. Nio’s pricing policy changes shouldn’t inspire confidence in NIO stock traders. I don’t always agree with analysts. However, I agree
When financial traders are willing to buy a stock at any price, that’s not a good sign. It’s hard to be a contrarian with Microsoft (NASDAQ:MSFT) now, as MSFT stock continues to steamroll ahead on artificial intelligence hype. Yet, no company – not even the almighty Microsoft – can remain a darling of the markets forever.
New CEOs can breathe new life into a company by launching new initiatives, hiring more effective managers, and/or entering new markets. One great example is General Electric. (NYSE:GE). When Larry Culp took the helm of that storied firm in 2018, it was losing billions of dollars. However, after cutting GE’s costs and making it far
With oil prices hovering around $70 and some analysts believing they could go as high as $100. Therefore, it may seem like a waste of time to think about high-risk oil stocks. However, there will come a day – perhaps later than 2050 – when the only place you’ll find an internal combustion engine vehicle is
In this article RUN MX-CA ORSTED-DK KEY-CA ALA’A-CA BDI-CA FLNC Follow your favorite stocksCREATE FREE ACCOUNT Rows of cabinets containing lithium ion batteries supplied by Fluence, a Siemens and AES Company, are seen inside the AES Alamitos Battery Energy Storage System, which provides stored renewable energy to supply electricity during peak demand periods, in Long
There’s no denying that Shopify (NYSE:SHOP) stock ran too far, too fast in 2020 and 2021. After a sharp-share price decline, Shopify is showing signs of life in 2023. Follow-through isn’t guaranteed, but a small share position in Shopify could yield decent returns. For years, Shopify made it easy for merchants to sell their products
The US is seeing a surge in cannabis legalization, with 39 states allowing medical use and 21 states permitting recreational use. Despite this, the cannabis industry has been grappling with economic and industry challenges, such as oversupply and inflation, which have created a tough environment for the industry in 2022 and beyond. As such, it
Editor’s note: “Stocks to Buy for the Dawn of Global AI Dominance” was previously published in May 2023. It has since been updated to include the most relevant information available. Everyone is buzzing about artificial intelligence (AI) these days. And it may even seem like the technology emerged out of thin air to shock the
Based on the latest news with Nio (NYSE:NIO), apparently it’s not just retail speculators that are bullish on NIO stock. As announced this week, CYVN Holdings, an investment vehicle majority-owned by the Government of Abu Dhabi, is becoming a major investor in the China-based electric vehicle company. I believe this big investor is making a