Artificial intelligence (AI) is one of the most significant technological advancements of recent years. And it could very well have the potential to disrupt global industries. Granted, the potential multi-billion-dollar industry is exciting to watch, but it could also eventually and easily pose a threat to millions of jobs and industries. At the highest risk are
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Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) faced an unusual setback when the stock dropped by over $100 billion following a mishap with its generative AI earlier in the year. Specifically, its Bard chatbot ad provided inaccurate information. Furthermore, analysts criticized the company’s AI search event for lacking details on responding to Microsoft’s (NASDAQ:MSFT) ChatGPT challenge in Feb. Alphabet is in a favorable
In this article HOOD SBNY SIVB Follow your favorite stocksCREATE FREE ACCOUNT A woman leaves a Signature Bank branch on March 13, 2023 in New York City. The bank was closed by regulators Sunday. Leonardo Munoz | View Press | Corbis News | Getty Images The sudden failures of Silicon Valley Bank and Signature Bank
In this article MRO APA FSLR UBS WWE TSLA Follow your favorite stocksCREATE FREE ACCOUNT A vehicle charges a Tesla Supercharging station in Corte Madera, California, US, on Thursday, March 2, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making the biggest moves midday: Tesla — Shares dropped 6% after
While the concept of entertainment stocks to buy during an economic downturn might seem odd if not outrageously risky, there’s a method to the madness. Fundamentally, we humans can’t go full-bore under a constant load of stress. Even the most miserly individual must make room for downtime for balance sake; otherwise, burnout is never too
To immediately answer the question posed by the headline of this column, I believe that Lucid (NASDAQ:LCID) and LCID stock are headed for much worse fates than Nikola (NASDAQ:NKLA) and NKLA stock. Moreover, the longer-term outlook of NKLA is much better than that of LCID. Unless Lucid can change its overall strategy or suddenly create buzz about itself and
Will app-based bank SoFi Technologies (NASDAQ:SOFI) go down the tubes during the financial sector meltdown of 2023? Or, will SOFI stock stage a jaw-dropping recovery amid the chaos? Investing in SoFi Technologies certainly isn’t risk-free, but the potential payoff could be astounding. It may be tempting to lump SoFi Technologies in with some failing regional banks.
Yesterday, I detailed five fundamental reasons why the stock market is sprinting into a big and powerful new bull market. Long story short, inflation is crashing, the labor market is cracking, and financial stress measures are spiking – a potent combination which will inevitably force the Fed to end its rate-hike campaign. Whenever the Fed
‘Fallen angel’ stocks, or stocks that have fallen far from their past highs, can be tempting as possible contrarian buys. Yet while there are sometimes diamonds in the rough among these names, for the most part, it’s best to consider them stocks to sell. Why? While Mr. Market may not get it right 100% of the
People walk past a store of the sporting goods retailer Nike Inc at a shopping complex in Beijing, China March 25, 2021. Florence Lo | Reuters Investors seem to be caught amid the chaos caused by the recent banking crisis, persistent macro headwinds and a potential recession. Looking at stocks with appealing long-term potential could
The Federal Reserve instituted its ninth consecutive rate hike just a few days ago, roiling stocks and markets. The 25 basis point increase was in question, though, as banking turmoil led many to believe that the Fed would not increase. To be sure, Fed rate hikes are not yet expected to pause. However, Fed Chair Jerome
When I last wrote about Bed Bath & Beyond (NASDAQ:BBBY) earlier this month, I talked mainly about the struggling retailer’s recent financing transaction with Hudson Bay Capital Management, and what it meant for BBBY stock in the future. In a nutshell, I argued that Hudson Bay was making an asymmetric wager on favorable terms, yet
Machine learning software specialist C3.ai (NYSE:AI), has received a lot of press coverage this year, but is AI stock worth your attention now? Some analysts are skeptical. Yet, the bullish argument might prevail in 2023 and beyond as C3.ai is a strong contender in the high-conviction artificial intelligence market. Without warning, machine learning became a top-trending
The entire stock market is gearing up for a major breakout as investors are becoming convinced that the banking sector has stabilized and that the Federal Reserve is, at the very least, almost done hiking interest rates. Meanwhile, two critical sectors –housing and computer chips — are showing signs of recovery. Many investors are starting
It may be tempting to invest in customer relationship management (CRM) software specialist Salesforce (NYSE:CRM) right now. Yet, caution is advised, as CRM stock isn’t a bargain at all. It will be difficult for Salesforce to live up to the company’s expectations, especially now that Salesforce is aggressively slimming down. At first glance, it seems like
If you’ve been looking for IPOs to watch out for in 2023, you’ve likely come up empty-handed. According to Renaissance Capital, just 29 companies have gone public in the United States so far this year, raising $2.3 billion in proceeds. That’s 61% and 10.5% higher than in 2022, respectively. But it still pales in comparison
In this article FLT Follow your favorite stocksCREATE FREE ACCOUNT Djelics | E+ | Getty Images Company: FleetCor Technologies (FLT) Business: FleetCor is a business payments company that helps businesses spend less by enabling them to manage their expense-related purchasing and vendor payments processes. The company operates through six segments: fuel, corporate payments, tolls, lodging,
Believe it or not, tech stocks are in a new bull market right now. The tech-heavy Nasdaq-100 charged higher this past week, including a big rally on Friday after February inflation data came in much softer than expected. This rally is nothing new. Tech stocks have been rallying all year long. Indeed, the Nasdaq popped
Greg Becker, the head of Silicon Valley Bank, sold nearly $30 million in stock in the two years leading up to the regional bank’s collapse. As a result, CEOs selling stock are again back in the headlines. It’s not so much that investors are against CEOs selling stock. After all, we all have financial obligations
In this article PACW ZION FRC GNRC VORB Follow your favorite stocksCREATE FREE ACCOUNT An exterior view of a Bed Bath & Beyond store on February 7, 2023 in Clifton, New Jersey. Kena Betancur | Corbis News | Getty Images Check out the companies making headlines before the bell. Bed Bath & Beyond – Bed