Americans love to gamble. A record 50 million people placed a wager on this year’s Super Bowl, spending $16 billion to gamble on the outcome of the big game, according to the American Gaming Association. The betting on the Super Bowl in 2023 represented a 61% increase from the previous year as online gambling platforms
Over the past two decades, Amazon (NASDAQ:AMZN) has revolutionized consumer shopping in the e-commerce space. Starting as a book retailer, it has morphed into an everything store. Given its size, the company might have limited growth ahead. But other high-potential e-commerce stocks could grow to Amazon’s size. Overall, the e-commerce trend is in its early stages and
The U.S. Federal Reserve continued its rate-hiking campaign with Wednesday’s hike pushing rates to 22-year highs. So far, the economy has held up. But, with interest rates soaring, it seems quite possible that the housing market and broader economy will slip sooner or later. That makes it a good time to load up on resilient
After a spectacular run-up in this year’s first half, Advanced Micro Devices (NASDAQ:AMD) stock took a breather in June and the first half of July. However, this is probably just a setup for the next leg up. Advanced Micro Devices (commonly known as just AMD) is developing a chip that could be a game-changer, and
Clinical trials can be like a tightrope over a minefield for biotech investors. Only a fraction of drugs even succeed through clinical trials to receive FDA approval. But for those that do, the stock rewards are immense, with huge pricing power and high returns. In fact, many of the best high-potential biotech stocks are those
Signage outside Intel headquarters in Santa Clara, California, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Intel — The chip stock jumped more than 6% after the company posted better-than-expected second-quarter earnings results. The latest quarter marked a return to profitability after two consecutive losing
I didn’t expect much from Intel (NASDAQ:INTC) last quarter, and I was pleasantly surprised when it announced results late on July 27. Intel said it earned 13 cents per share on $12.9 billion in revenue for the quarter ending July 1. Analysts expected a loss of 3 cents per share and revenue of just $12.1
Semiconductors are increasingly crucial as our economies become more digitized and everything gets connected. These trends bode well for top semiconductor stocks as the number of chips on devices and machines increases. The iPhone moment of AI has arrived, meaning more chips to train AI models. Every company is considering AI regarding productivity and how it will
Companies in many different sectors are starting to utilize the power of artificial intelligence, Citi (NYSE:C) recently reported. For example, Coca-Cola (NYSE:KO) and the London Stock Exchange are both extensively incorporating technology into their businesses. This has led to the rise of AI stocks to buy. And in the fintech space, Visa (NYSE:V), Mastercard (NYSE:MA), and
Investing in defensive stocks can provide stability during market volatility. These are generally financially stable, well-established companies that tend to perform well regardless of market conditions. Including such stocks in your portfolio can help mitigate the impact of market turbulence. Of course, these stocks aren’t absolutely prone to volatility. A downturn will likely reflect poorly
In this article PG ROKU INTC Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Intel headquarters in Santa Clara, California, on Monday, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines before the bell. Intel — Shares popped 6.7% after the chipmaker posted better-than-expected second-quarter results and
The Federal Reserve has raised interest rates by 0.25 percentage points, bringing the benchmark borrowing rate to a range of 5.25%-5.5%. During the July press conference, Fed Chair Jerome Powell emphasized the need for evidence of a sustained decrease in inflation and stated that they will approach rates on a meeting-by-meeting basis. This has led
Lone gone are the high times when EV stocks flew to the moon irrespective of the companies’ fundamentals. In 2023, the market’s landscape is quite different and Lucid Group (NASDAQ:LCID) stock can’t thrive on hype alone anymore. Unfortunately, as the data will show, Lucid Group just hasn’t lived up to its potential lately. Lucid Group has
Commentators have made a big fuss about Apple (NASDAQ:AAPL) stock achieving a $3 trillion market capitalization. Yet, that milestone might only be the beginning for Apple. By 2025, AAPL stock should be much higher than it is today, even after a strong first half of 2023. Sure, people have been talking about Apple’s Vision Pro virtual
In my last article on QuantumScape (NYSE:QS), I discussed the recent rally with QS stock, and whether this rally was due to the possible unveiling of game-changing news in the EV technology company’s then-upcoming earnings release. Flash forward to now. QuantumScape’s latest results/updates have just hit the street. As of this writing, the earnings release
Blue-chip dividend stocks are a great addition to an investors portfolio because they offer both secure dividends and strong growth potential. In this article I will take a look at three of the best ones to get in on before the end of July. The first stock entices investors with an impressive track record of
Today we’re going to take a look at investing in IPOs or initial profit offerings. Investing in IPOs is something that people are often attracted to because they think that company could be the next Google, it could be the next Facebook or the next Microsoft, and as those companies increase their value in the
While seemingly everyone these days loves waxing poetic about the future of transportation being electric, investors may be better off acquiring top lithium stocks rather than chasing individual electric vehicle brands. It comes down to the simple concept of selling tickets to the game rather than betting on which team will win the contest. Sure,
While the idea of making it big with the winning lottery ticket sounds appealing to practically anybody, the reality is that you’re better off targeting stocks with high returns. Don’t get me wrong – this segment of the capital market presents incredible risks. But looking at the numbers, you’re truly better off with high-growth stocks as
In the digital realm, where tech giants continue to jostle for dominance, Elon Musk’s competitive edge stands as a beacon, inciting a captivating rivalry with the likes of Mark Zuckerberg. This contest took an exciting turn with the release of Instagram’s latest venture, Threads. Threads ambitiously seeks to dethrone Twitter which Elon Musk has kept