Artificial intelligence is changing the drug-discovery process by making it much faster and cheaper.  Traditionally, most biotech stock drug candidates fail. Indeed, according to Nature, “An estimated 86% of drug candidates developed between 2000 and 2015 did not meet their stated endpoints.” And the well-respected consulting firm McKinsey reported that “Today, to discover and develop a
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Nvidia headquarters in Santa Clara, California, June 5, 2023. Marlena Sloss | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Splunk — Shares added 11% after an earnings beat. Splunk earned 71 cents per share, after adjustments, on $889 million in revenue. Analysts polled by FactSet had forecast Splunk would
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Some of the technology sector’s biggest names captured much of the renewed investor enthusiasm, leaving small- and mid-cap companies in the dust. However, if you dig deep enough you’ll still find severely oversold tech stocks. To help us find them, I’ll use the relative strength index (RSI) to identify some of those still considered oversold. Usually,
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After a rough few months, I’m finding a good deal of top tech stocks to buy. Especially with a lot of negativity priced in, including fears of higher interest rates. Helping, the Federal Reserve has signaled that it’s largely done raising rates, and inflation has been easing in recent months. That being said, it’s a great time
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If you have the temptation to speculate, but are hesitant to go full bore into the madness of memes, oversold high-yield stocks to buy offer plenty of punch. Specifically, I’m focusing on well-established enterprises that just haven’t aligned with market sentiment. They may be down, but they’re certainly not out for the count. With these
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Even though Rivian Automotive (NASDAQ:RIVN) is poised to disrupt the new-energy vehicle market, Wall Street doesn’t seem to fully appreciate the company quite yet. That’s fine, as it presents a terrific opportunity to buy RIVN stock. As we’ll discover, there’s been plenty of positive press coverage surrounding Rivian Automotive lately. The company is garnering a
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Nvidia headquarters in Santa Clara, California, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Nvidia — The chipmaker climbed 1.8% ahead of its quarterly report set for release after the bell. Expectations are high for the chipmaker after its shockingly positive forecast in
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Including insurance stocks in an investment portfolio can be advantageous. The insurance industry offers enduring potential returns in various economic climates. Thus, for those worried about some potential stormy skies ahead, this is a common landing place for many investors. However, various risks tied to climate change (increases in wildfires, hurricanes, and other natural disasters)
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