Stock Market

On July 11, private equity firm Platinum Equity Advisors announced that it would acquire Héroux-Devtek (OTCMKTS:HERXF), a Quebec-based aerospace firm. The $1.35 billion deal is one of the many Canadian acquisition targets that are or should be on American firms’ buy lists.  Why are American firms attracted to Canadian businesses? The reasons include close geometric

Sometimes, the success of a company can take the stock so high that it pushes investors away. It is due to this reason that the management announces a stock split. While a stock split does not change anything in terms of the fundamentals of the company, it makes it easier for investors to own the stock. 2024 has been the

Wednesday was a brutal day for the broader markets, with the tech sector experiencing the most pain following yesterday’s unimpressive slate of big-tech earnings. A number of consumer stocks were also caught up in the downdraft, as the S&P 500 shed 2.3% of its value. Though it’s far too early to call a consumer spending

Earnings season for this year’s second quarter is getting into full-swing. As is almost always the case, the quarterly financial results have been a mixed bag. While some companies have knocked the cover off the ball, others have struck out. The hits and misses have led to big swings in the price of these earnings

Walmart (NYSE:WMT) reported strong financial results for the first quarter, and the giant retailer is extremely profitable and has several highly promising initiatives at this point. Moreover, the firm has clearly become adept at attracting a large percentage of American consumers while generating high profits in the process. Given these points, I believe that Walmart

Between dipping demand among U.S. consumers and technology tariffs for producers, the electric vehicle (EV) industry as a whole has seen a slowdown in its growth trajectory. Consider that Tesla (NASDAQ:TSLA) has been the industry pacesetter since Elon Musk made EVs mainstream. Now, keeping a close eye on TSLA stock can give insights into the

Here’s a technology stock that definitely needs to be on your watch list. Adobe (NASDAQ:ADBE) is known as a software company, though it’s also involved with cloud computing. While Adobe stock should reward patient shareholders over the long term, it’s prudent to wait until the stock is trading at a lower, better price. The good

Biotechnology stock traders, listen up! Do you like to roll the dice and take your chances on promising drug developers? If so, then you’ll definitely want to add Kazia Therapeutics (NASDAQ:KZIA) to your watch list. I can’t guarantee any safety whatsoever, but Kazia Therapeutics stock offers excitement and the possibility of substantial profits. Or, Kazia

Disney (NYSE:DIS) is in a place it is not very familiar with. While its theme parks have long been the mortar that held the Magic Kingdom together, its linear television business is in a difficult spot and until only very recently, its movies and streaming shows were a disaster. There is no telling if the House

The world came to a standstill on July 14th after Donald Trump was nearly killed in a failed assassination attempt. A bullet grazed his ear but he rose triumphantly in front of his rally in Butler, Pennsylvania. The following day, shares of Trump Media & Technology Group (NASDAQ:DJT) rose by 49.56% to hit an intraday

SoFi Technologies (NASDAQ:SOFI) reports its Q2 2024 results on July 30 before the markets open. Some investment pundits are wondering whether it makes sense to buy SOFI stock before earnings.  The argument being that it’s better to wait for more information about the fintech’s lending slowdown before committing your hard-earned capital to buying its stock. 

Electric vehicle manufacturer Polestar Automotive (NASDAQ:PSNY) produces cars that are stylish and powerful. Yet, this doesn’t ensure that Polestar’s shareholders will succeed in the long run. Sure, there’s some positive news to report, but there’s also a major issue that should make anyone think twice about buying Polestar stock. Don’t get the wrong idea. I’ve expressed optimism

In my previous Rivian article, I emphasized my bearish stance on Rivian Automotive (NASDAQ:RIVN) because of a number of factors, such as diminishing EV demand and skepticism of this stock’s long-term value. Down 90% from its IPO, RIVN stock recently surged as a result of some key catalyst forming. Now, the question is whether these

SoundHound AI stock (NASDAQ:SOUN) has courted controversy since the company went public in the year 2022. SOUN has not been without some troubles, with some short sellers claiming the business has “fake revenue, fake bookings, and fake AI”.  Furthermore, being one of the first companies that offered purely voice AI solutions, SoundHound is now among

Artificial intelligence has been the primary force behind the gains made by the Nasdaq exchange in 2024. While the S&P 500 had risen 16% by July 4, and the Dow Jones Industrial Average was only 4% higher, the Nasdaq 100 soared 20% for the year. This was before stock traders began cycling away from growth

Occasionally, hot stocks can get that much hotter in a move that can only be described as a “melt-up.” Such extreme share price action can be like the reverse of a stock meltdown, whereby a stock crashes rapidly, like in late February 2020. Indeed, stock melt-ups and meltdowns tend to catch many off-guard. And while

Apple (NASDAQ:AAPL) stock is finally in the grip of the AI fever. The iPhone maker traded at 52-week lows of $164 mid-April. In three months, Apple stock surged by 35% and trades at a forward price-to-earnings ratio of 30.3. I believe that valuations are stretched, considering the company’s revenue and earnings growth trajectory. A correction

Meme stocks, fueled by social media hype, can soar or crash rapidly. While some see potential for explosive gains, others pose a high risk. So, how to navigate this wild ride? Hot companies with strong fundamentals and a clear growth path might be worth a closer look, even if they have meme stock buzz.  On

I love Qualcomm (NASDAQ:QCOM). Based in San Diego, Qualcomm develops and commercializes a range of foundational technologies for the wireless industry. With mobile connectivity becoming an increasingly vital concept, the company’s specialized semiconductor products command tremendous prominence. However, as great as Qualcomm stock is, the market is the ultimate arbiter. Right now, the market is

Software-as-a-service (SaaS) stocks are gaining traction as the cloud computing revolution reshapes the way businesses operate. Leading this transformative wave, SaaS companies offer subscription-based access to essential applications and services. This model provides numerous advantages for businesses, including scalability, cost-efficiency, and automatic updates. As more companies migrate their operations to the cloud, the demand for