In January, media firm Buzzfeed (NASDAQ:BZFD) made headlines after its CEO proposed using ChatGPT to help generate “cultural currency” and “inspired prompts” for his site. The following week, meme stock Helbiz (NASDAQ:HLBZ) would join the frenzy… without any detail on how an e-scooter business benefits from using chatbots. Tongues would quickly start wagging. “The AI
Stock Market
Can ChatGPT pick winning stocks? Many have already tried to goad OpenAI’s chatbot into the task. In January, a team at Bloomberg asked ChatGPT to pick a list of stocks for a market-beating ETF. They failed. ChatGPT’s safeguards immediately kicked in, leaving the writers with a generic non-answer about “unpredictable” markets and how they should
Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) has rewarded investors who held its shares over the past decade. What about the past year, though? The results haven’t been stellar, and GOOG stock is likely to fall further as Microsoft (NASDAQ:MSFT) asserts its dominance over Alphabet in the red-hot artificial intelligence (AI) market segment. When it comes
Once a seemingly unstoppable business, Amazon (NASDAQ:AMZN) is now facing difficulties that could weigh on AMZN stock for a while. This doesn’t mean Amazon won’t survive. The e-commerce giant’s shareholders will probably prevail in the end, but the next few months could be challenging. The Amazon share price has dropped from $185 to around $100, and
There’s no denying that Microsoft (NASDAQ:MSFT) is currently winning the battle between Big Tech firms to dominate the world of artificial intelligence. In recent weeks, MSFT stock has moved higher due to its success in this area relative to other tech giants. Microsoft has invested $10 billion into OpenAI, the developer of AI chatbot ChatGPT,
Is C3.ai (NYSE:AI) a buy right now? Is it the best way to invest in the artificial intelligence megatrend that has emerged with the onset of ChatGPT and Bard? Or is it a meme stock having a hot run? In today’s world, we have seen AI go from an abstract theory to a tool that
If you’re going to stay the course as an investor in electric vehicle (EV) battery manufacturer QuantumScape (NYSE:QS), ask yourself a question: What’s my time horizon? Then, consider your risk tolerance. Not everyone should own QS stock, but it’s a good buy for EV industry believers with a strong stomach for speculative assets. There aren’t many
Electric vehicles have become a rage these days. With the government’s incentives, we will soon see a majority of EVs running on the roads. With a rise in demand for EVs, there will also be a surge in demand for batteries, and smart investors will know where to put their money. It is difficult to
With new advancements in computer technologies and utility, several tech stocks soared on the implications for the broader artificial intelligence trend. In particular, the ability of AI and machine learning protocols to meet users where they are – that is, to speak their (human) language – sparked intense curiosity. Essentially, we may be standing on
Investor sentiment has improved this year on expectations of less-aggressive interest rate hikes by the Federal Reserve to tame inflation. However, the ongoing macro uncertainty continues to create confusion about which sectors or companies to invest in. In the wake of a possible economic downturn, investing in healthcare stocks could be a good idea. Healthcare
Heavily shorted meme stocks have become a major draw for speculators in the stock market. These stocks are characterized by their high volatility, popularity, and short interest by investors. The rise of these meme stocks has been fueled by the power of social media and its ability to influence the masses. These heavily shorted meme
When markets closed last month, it became official: Cathie Wood’s ARK Innovation ETF (NYSEARCA:ARKK) had scored its best-returning month in its 9-year history. The 27.8% return in January was a welcome reversal for the struggling fund. The ETF had lost around 80% of its value since 2021. And it made some of Ms. Wood’s most
In order for a free market to operate, investors must be willing to participate in both sides of the transaction, which brings us to the topic of the stocks to short this week. If you’re feeling optimistic about the pessimistic trajectory of embattled enterprises, this list may be for you. Still, consider yourself warned. Since the
It’s safe to say that it has been tough in recent days for Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) investors. Since the unveiling of the Google parent’s Bard artificial intelligence (or AI) platform, GOOG stock has tumbled by around 11.6%, back down to double-digit price levels. The market is not very confident that Bard will enable the tech
Are you a strong believer in China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO)? If so, be careful, as NIO stock could get stuck in the mud for a while. As rival EV maker Tesla (NASDAQ:TSLA) implements a savvy strategy to stay competitive, Nio and its shareholders could get left behind. By now, you may have heard
Source: gg5795 / Shutterstock.com Sent straight to the stock market junkyard at the end of last year, Lucid Group (NASDAQ:LCID) made a remarkable comeback last month. Although the broad market rally set shares in motion, the emergence of takeover speculation is what really put LCID stock back into the fast lane. On Jan. 27, shares
How much risk can you tolerate on a multi-year time frame? It’s time to conduct a gut-check, as electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN) is ambitious but not in an ideal capital position. Thus, RIVN stock could provide great wealth over the next five years, but investors should be cautious and maintain small position sizes.
Source: Shutterstock After doubling off its 52-week lows, Tesla (NASDAQ:TSLA) stock continues to climb. The market’s high pessimism for TSLA stock at the start of the year seems to have shifted into high optimism. Hopes are that this electric vehicle (EV) maker can continue to thrive despite current economic challenges. Even as other growth stocks
From January, up until this week, it may have seemed as if Google parent Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) were emerging out of its recent slump. During this timeframe, GOOG stock rallied by more than 20%. Last month’s layoff news may have been a big reason for this, but renewed hopes that the tech giant is not falling
Tech and crypto could dominate as the hot stocks for tomorrow. We’re still seeing the Federal Reserve and earnings control the headlines now. That’s as investors continue to fret about rate hikes from the Fed and a potential recession at some point this year. It’s also as the S&P 500 continues to “climb a wall
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