The need for greater computing power and decentralization has spawned the demand for blockchain technology stocks. Blockchain technology enables users to store data on its public ledgers. This information cannot be changed and is accessible to all, providing more transparency and greater user control. Given the decentralized nature of its network, the potential for blockchain
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Wall Street has been witnessing the rapid transformation of the technology sector. Advancements in artificial intelligence, EVs and renewable energy have put the focus back on many tech stocks. Meanwhile, rare earth metals have become increasingly crucial for technology. These elements are part of modern innovation, from powering our smartphones and EVs to enabling solar
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Not too long ago, analysts and early adopters touted the technology of 3D printing as the future of manufacturing. Then came market corrections and concerns surrounding the feasibility of long-term pure-play 3D printing companies. Further damaging the industry, the advent of 3D-printed guns and other contraband items began to raise concerns regarding the ethicality of
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The healthcare industry has experienced unprecedented growth in recent years due to the global pandemic. However, as COVID-19 began to ease, the immense growth of the healthcare industry is expected to slow down. Additionally, because many healthcare companies rely on trials that need FDA approval, predicting their individual healthcare company’s performance is difficult. These companies
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Investors tend to flock to dividend stocks when uncertain about the market’s outlook. Commonly referred to as “defensive stocks,” these investments appeal to investors seeking consistent payouts over time. Dividends are generally paid quarterly, diverging from day traders’ interests in short-term profits. Thus, these types of stocks often demonstrate stability. With recent market volatility fueling
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Equities related to the once-burgeoning hydrogen market are largely worth avoiding in 2024. The demand for renewable energy, especially one as expensive to produce and transport as hydrogen, has been rather for well over a year. While the Biden Administration’s Inflation Reduction Act (IRA) has catapulted investment into the space, tax credits and subsidies have
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In the era of Amazon (NASDAQ:AMZN), many retailers have gone bankrupt because they could not compete with the e-commerce juggernaut. And of course, the pandemic-era lockdowns causing many retailers to become saddled with gargantuan debt did not help. In just the last several years multiple, once major, companies have all gone belly up. The most
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U.S. equities posted some gains last week, which I’m sure was refreshing to see given the sell-off a week prior. The S&P 500 and Nasdaq Composite gained 2.7% and 2.2%, respectively. This brings their respective year-to-date gains up to 6.9% and 4.0%. Unfortunately, market risks still remain. Not only do we still need inflation to come down consistently, but
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SoundHound AI (NASDAQ:SOUN) certainly benefited when the artificial intelligence trend swept through Wall Street. You may choose to hold SoundHound AI stock if you’re bullish on AI technology for the long term. In the final analysis, we’re assigning a “B” grade to the stock as the risks and potential rewards are considerable. SoundHound AI occupies an interesting
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