Once a blockbuster hit in the financial markets, Nio (NYSE:NIO) stock can’t seem to gain traction in 2023. Will next year be any better? Don’t get your hopes up, as the recent news items pertaining to Nio don’t give a very positive impression. China-based EV manufacturer has the unenviable task of competing against Tesla (NASDAQ:TSLA), which started an
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Without a doubt, the best time to buy stocks in a sector is when sentiments are significantly bearish. Or as the saying goes: “buy when there is fear in the streets and sell when there is greed.” This perfectly applies to the cannabis sector today. In fact, some of the best cannabis stocks have plunged
In the dynamic realm of modern medicine, biotech stocks have effectively emerged at the forefront of a transformation. These innovative players are steering us towards a new era of medical marvels with precision and personalization. However, the path to revolutionizing healthcare is not without its challenges. Many of the top firms possess invaluable intellectual property
The U.S. economy exhibited greater-than-expected strength in Q3, with GDP rising at an annualized rate of 5.2% from July through September. The performance highlighted its remarkable resilience amid heightened inflation and elevated borrowing costs earlier this year. Of course, this figure is also adjusted for inflation and seasonal fluctuations. The robust economic growth is beneficial
Streaming has grown exponentially during the COVID-19 pandemic. The consequential shift in consumer behavior made traditional media companies rethink strategy. They realize that linear TV may no longer be the way to attract consumers and generate ad revenue. However, changes have occurred since the pandemic. In fact, streaming numbers aren’t as high as they once
In 2023 it’s safe to say that the biggest investing trends were artificial intelligence (AI) stocks and the “Magnificent Seven.” You could probably retire if you bet on all seven tech stocks in the past year. But now it’s time to look ahead to what the top investing trends in 2024 will be. There’s no
The use of different energy sources today is already commonplace to contribute to the energy transition process. It is true that it is not a process that will happen overnight, but every step counts and contributes to the well-being of all. These three hydrogen stocks are doing amazing work and creating wonderful partnerships. It is
With demand for automation expected to continue growing rapidly, it’s easy to see why investors continue to be intrigued by robotics stocks. Businesses of all sizes are expected to continue to invest in automation to automate tasks and reduce costs. Increasing labor costs are driving increased demand for automation overall. Firms are increasingly looking to
Three underappreciated stocks shine brightly in a bustling market where big-ticket stocks often hog the limelight. Each is valued under $15 but holds immense potential for exponential growth. While their prices may seem modest, these stocks boast compelling narratives of strategic prowess and remarkable financial trajectories. It is signaling an untapped opportunity for investors seeking
Artificial intelligence (AI) is disrupting and enabling innovation across industries. So far, AI research organizations like OpenAI and Anthropic are leading the charge and seeing revenue explosion. Today, companies are integrating AI into applications such as email, shopping carts, and customer service. Indeed, over the next decade, this technology is set to become ubiquitous. Due
Machine learning is a subfield of artificial intelligence. It is focused on enabling computers to learn from data without being programmed to do so. In shorts, machine learning is the process that enables AI to exist. Thus, the stocks that investors are considering in the field are essentially AI stocks. If you are in the
When it comes to winning investment strategies, buying dividend stocks tends to rise to the top. It’s likely because these are successful, profitable companies that have been battle-tested over time and still come out on top. They choose to reward their investors by sharing the fruits of their success. That is why there are several
Over the past couple of years, we saw an unprecedented boom in consumer spending. With the government stimulus payments and programs such as the freeze on student loan payments, consumers were flush with cash to spend. But these trends have now reversed. Stimulus programs long ago ran out, debt repayments have started up again and
Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange on Feb. 27, 2023. Brendan McDermid | Reuters Cathie Wood is about to notch her best month ever as her holdings of innovative technology stocks roared back from steep losses in the midst of
Tech stocks have been on a tear in 2023, as the Nasdaq Composite Index has surged more than 36% year-to-date, outperforming the broader market. While stocks endured a steep sell-off between August and October, these days, the tech sector has started to benefit from favorable macroeconomic news, which has indicated the Federal Reserve’s fight against
When an investor’s interest in a company starts to soar due to positive news, an acquisition, an earnings beat, and a number of other events, it usually causes a drastic increase in the underlying stock price. A situation many investors find themselves in is wanting to buy into a company that is on a great
Li Auto (NYSE:LI) is one of the leading manufacturers of new energy vehicles (NEVs) in China. It delivered a record 40,422 NEVs in October, quadruple the number it did last year. It is also the first time it delivered over 40,000 vehicles in one month. NEVs, of course, are what everyone else refers to as electric vehicles (EVs).
The stock market is trending higher again, which means sooner or later it will fall. But shrewd investors look forward to such drops because that opens doors to buy. It was just last month that the S&P 500 had dipped into correction territory, falling 10% from recent highs. Now the index is moving up once
Short squeezes, which are characterized by sudden and substantial surges in asset prices, have become prominent and debated phenomena on Wall Street in recent years. A short squeeze occurs when a high number of traders who shorted a given instrument are compelled to close their positions, ultimately pushing the asset’s price higher. One should look
Voice recognition tech has existed for decades, but it’s finally getting its moment in the sun. As we increasingly move towards mobile optimization, users want tools that help on the go without having to stare down at a screen. Conversely, enterprises and unique users need complex, AI-enabled voice recognition to streamline internal and external workflows