Enterprise software and cloud giant Oracle (NASDAQ:ORCL) has witnessed impressive momentum in its stock price over the past nine months. Despite lagging behind the S&P 500 last year, it has more than made up for it with a 21.3% jump year-to-date (YTD). The results may have surprised many, considering its missed top-line estimates in the
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Tesla (NASDAQ:TSLA) stock is not having the best 2024. With macroeconomic developments like the global carry trade and a slowdown in electric vehicle (EV) demand adding to the pressure, shares are down 20%. Furthermore, because of the dramatic pricing reduction, Tesla’s vehiclesᅳincluding the Model Yᅳhave lowered profit margins. Experts believe that despite the year-to-date decline,
Down nearly 30% from its recent high, Tesla (NASDAQ:TSLA) is an EV giant that clearly faces a myriad of challenges in this current environment. The company’s status as a growth stock, with what seemed to be a multi-decade-long potential 50%+ growth profile ahead, is one that’s been called into question. Simply put, rising borrowing costs
Super Micro Computer (NASDAQ:SMCI) has been one of the hottest names in the AI hype rally this year. SMCI stock is probably second to Nvidia (NASDAQ:NVDA) in AI stocks. SMCI surged over 1,200%, but the AI hype is fading quickly, with SMCI down over 50%. Regardless, SMCI still sits at an impressive 75% gain year-to-date.
Utility stocks are looking attractive after wandering in the wilderness for the past couple of years due to high inflation and interest rates. High prices caused pushback on utility rate increases, while the capital-intensive nature of their operations left them languishing in the high interest rate environment. It costs a lot of money to maintain,
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Palantir Technologies (NASDAQ:PLTR) has emerged as a highly valued stock after its Q2 2024 earnings report. With revenues surging and beating expectations, Palantir marked high growth due to its U.S. commercial and government segments. The company’s EPS marked a considerable improvement. This points to sharp operational management and strong market demand for its enterprise AI solutions.
The global cloud computing market is set to triple by 2031 to hit $2.22 trillion. However, unlike other tech sectors, where new entrants have disrupted the market and given the old brands a run for their money, the cloud computing sector seems different. The best cloud computing stock continue to dominate the market. These three
Since July 16, volatility in the markets has increased. Stocks have entered correction territory, with the Nasdaq 100 down 13% from its peak. In light of the recent pullback, it’s time to start preparing a watchlist of the best bargain stocks to buy. Based on their earnings reports, these bargain stocks are hitting new heights
Transformative technologies offer some of the most significant returns for investors. One area worth exploring is autonomous vehicle stocks. These stocks combine the power of AI and transportation, promising a new age of mobility. One of the main applications of artificial technology today is in autonomous driving. This technology promises to revolutionize how people will
The tech sector remains a driving force in the global economy, consistently pushing boundaries and shaping the future. So far, in 2024, the sector has experienced a rollercoaster ride. While some companies soared to new highs earlier in the year, recent weeks have witnessed a period of consolidation and correction. The most recent panic selling
These days, everyday items like Velcro and fiberglass insulation don’t strike the average person as advanced materials. However, when they first hit the market in the 20th century, they had revolutionary impacts on several industries that made their inventors rich. Nowadays, investors can get in on these industry-shaping inventions by investing in advanced materials stocks.
With the stock market crashing, nothing may seem “hot” at the moment but don’t be blinded by short-term events. It is when stocks are down that you want to buy. It’s the perfect opportunity to put into action the philosophy of buy low, sell high. And some of the hottest stocks will be those involved
AI stocks have gone out of style in recent weeks, and while some of the names may have been overvalued, it’s unlikely that an AI bubble is bursting before our eyes. Not to discount the magnitude of pain that the latest tech plunge has inflicted on investor portfolios, but the S&P 500 hasn’t even officially
More and more Americans are looking for reliable, long-term stocks to bolster their retirement portfolios. While Americans continue to look for ways to retire younger, it is becoming harder to save for retirement. The effects of inflation and rising housing costs and future medical expenses have made it harder to retire. One way to counteract
Weakness in electric vehicle stocks is a buying opportunity. For one, EV sales are accelerating in the U.S. According to Kelley Blue Book, EV sales jumped about 11.3% in the second quarter to 330,463. Plus, as noted by Cox Automotive Director Stephanie Valdez Streaty, “We remain bullish on electric vehicle sales in the long term.
Monday’s sudden market crash disrupted investor sentiment. However, growing recession fears have investors pondering which stocks to sell in anticipation of a potential rotation into the Dow Jones. In July, investors were concerned that tech stocks had peaked after riding high on artificial intelligence (AI) developments. Some stocks were sold into more stable options concentrated
Hydrogen is quickly becoming an essential part of the green energy matrix. For this reason, I recommend that investors consider the best hydrogen stocks to buy. The hydrogen market is expected to expand in the future, with estimates placing it at $410 billion by 2030. This growth is due to increased innovation and significant spending
Dividend stocks are one of the best investments you can make. Companies that reward their shareholders with regular, growing payments can help to set you up for a comfortable retirement quickly. Yet not all dividend stocks are made equal. Sometimes company financials have deteriorated to the point where it has no business paying a dividend,
Investors got a case of the jitters on Monday when global stock market exchanges collapsed. While most recovered a bit from the worst of the decline and United States exchanges even rallied again on Tuesday, the threat of a recession hangs ominously over the market. That is why now is the perfect time to buy
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