In this article DIS ZS XOM SPOT OWL Follow your favorite stocksCREATE FREE ACCOUNT An Exxon gas station sign in the Brooklyn borough of New York City, Oct. 6, 2023. Michael M. Santiago | Getty Images Check out the companies making headlines before the bell: Walt Disney — Shares of the media giant rose more
admin
Nervous investors are turning to defensive stocks, and there’s plenty of reason to be among their ranks. The U.S. Federal Reserve’s continuing battle to control inflation is the primary reason catalyzing increasing nervousness. A few weeks ago, the Fed signaled that rates will be held higher for longer. That introduced new fear into the markets.
It’s no secret that Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) CEO Warren Buffett is a major investor in Occidental Petroleum (NYSE:OXY). It’s been reported that Buffett holds more than 2.24 million shares of OXY stock and collects substantial quarterly dividends from those shares. Yet, Buffett wouldn’t just buy a stock to collect dividends. To meet Buffett’s criteria, Occidental
For the second straight year, American states will receive huge amounts of money allocated by the Bipartisan Infrastructure Law. For example, New York state is getting $2.76 billion for the current fiscal year, Vermont is receiving $329 million, and Oregon is obtaining $757 million. Most of these funds will be used to bankroll traditional transportation
Blue-chip stocks are beaten down. While the tech stock onslaught continues, economic pressure and uncertainty come after some of the business’s biggest, most stable names. Blue-chip and value stocks are typically a haven. But even these juggernauts haven’t been spared as we face interest rate risk, geopolitical pressure, and mounting recession fears. For long-term, buy-and-hold
Artificial intelligence. New pharmaceutical drugs. Cutting-edge communication software. With so many disruptive technologies and innovations emerging every year, thousands of investor opportunities abound. These all present ways to capitalize upon potential future leaders in various niches. In 2022, investors saw the S&P 500 growth index fall by 30%. While many growth companies suffered massive losses
It can be fun to speculate on short-squeeze stocks. When the stars align just right, these heavily bet against companies can see their shares skyrocket, leading to tremendous gains for shrewd traders. However, most of the time, traders should probably be looking to sell potential short-squeeze stocks. After all, bears usually take interest in companies
The electric vehicle industry appears to be a winner-take-all market. At least that’s what Wall Street seems to think. Just look at the performance of other auto stocks. Shares of Elon Musk’s Tesla (NASDAQ:TSLA) have doubled this year. Tesla’s market capitalization is more than $800 billion, dwarfing the values of General Motors (NYSE:GM), Ford (NYSE:F),
The USS Truxtun (DDG-103) destroyer sits in dry dock at the General Dynamics Corp. NASSCO shipyard facility on the Elizabeth River in Norfolk, Virginia, on Jan. 9, 2018. Luke Sharrett | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Spotify — Shares of the music streaming service company fell 2.5%
In the rapidly evolving world of technology, AI stocks are emerging as some of the most promising investments for the future. The dynamism of this sector cannot be understated, even as market trends ebb and flow. While the buzz around these companies may have dimmed slightly, a closer look reveals several artificial intelligence stocks poised
The artificial intelligence trend isn’t a fad. Companies have been investing in AI for several years. But the technology became front-and-center for investors after Nvidia (NASDAQ:NVDA) did a lot of the heavy lifting for the Nasdaq 100 this year. The growing AI trend can mint many millionaires. If you want to become the millionaire next
The oil market has been on a roller coaster ride in the past few years, with prices fluctuating wildly due to various factors such as pent-up travel demand post-COVID and geopolitical tensions between Western nations and Russia. While crude oil prices are expected to rebound in the second half of 2023, thanks to OPEC+ production cuts
For the first time in a long time, AMC Entertainment (NYSE:AMC) had a winning week in the markets, gaining nearly 16% for the week ending Oct. 6. Given its shares have lost more than 85% of their value over the past year, it’s much-needed relief for AMC stock. Driving AMC’s recent bullishness was the Oct.
Instacart (NASDAQ:CART) is an online grocery delivery platform that went public on Sept. 19 at $30 per share, valuing the company at $39 billion. The initial public offering (IPO) was one of the most anticipated of the year, as Instacart had benefited from the surge in demand for grocery delivery during the pandemic. However, the
In this article AKRO PEP U PLTR Follow your favorite stocksCREATE FREE ACCOUNT Palantir headquarters in Palo Alto, California, May 10, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in premarket trading. Palantir Technologies — Shares of the data analytics company added 2.3% on news that the U.S.
In the fast-paced world of investing, high-yield dividend stocks are becoming a beacon for those craving both stability and robust returns. Amid a financial landscape punctuated by unpredictable layoffs and persistent inflation, these dividend giants offer a silver lining. Basically, their capacity to provide consistent passive income positions them distinctly in an investor’s portfolio. But
Editor’s note: “Wall Street’s Favorite AI Stock Is About to Plummet” was previously published in September 2023. It has since been updated to include the most relevant information available. Ask any investor what the top AI stock to buy these days is, and they’ll likely tell you that the safest bet is Nvidia (NVDA). After
Lithium stocks have disappointed investors in 2023. This has been on the back of a sharp decline in lithium prices in the last few quarters. I believe that the concerns related to lower demand for lithium is overstated and lithium is poised for a sharp reversal rally. In-line with this view, I believe that it’s
In this article HASI SQ TFC RIVN PEP SKX LHX PLTR Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian walks past a display of Skechers shoes. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Skechers — The shoe company gained 2.6% after UBS reiterated its buy
On the verge of technology, three giants have quietly been plotting their resurgence. They are ready to reclaim their positions at the forefront of industrial innovation. These companies are considered the titans of their respective domains and are now gearing up again for a remarkable leap that may reshape the tech industry. They are our