$87.87 -1.10 (-1.24%) (As of 02:12 PM ET) 52-Week Range $85.08 ▼ $156.98 P/E Ratio 11.76 Price Target $156.64 Chinese technology stocks have been taking a tumble in 2024. A combination of geopolitical and trade tensions, macroeconomic uncertainty, and growth slowdown have been negative drivers that have caused investors to rethink the potential of these companies….
The lion’s share of market attention is now mainly concentrated in the technology sector, particularly around stocks related to artificial intelligence and its quick rise to adoption and expansion in the global economy. One stock should come to mind when this environment is described, and that is NVIDIA Co. NASDAQ: NVDA, a company that briefly…
There are typically only two ways for investors to expose their capital to a stock’s path, whether higher or lower. The first way everyone should know of is to buy stock shares in a company of an investor’s choice. On the other hand, there are stock options where investors can use leverage to increase their…
The Fourth of July is a cornerstone of American tradition that signifies a time for celebration, family gatherings, and festive cookouts. This holiday’s cultural impact resonates deeply within the consumer landscape, often driving a surge in spending on goods and services in the consumer discretionary, consumer staple, and retail sectors. For investors, understanding how this…
In a holiday-shortened week, shares of AbbVie Inc. NYSE: ABBV are down a little more than 3%. To put that in context, the drop in ABBV stock was more than that of biotech stocks such as Johnson & Johnson NYSE: JNJ, which is down 0.68%, and Pfizer Inc. NYSE: PFE, which is down 1.38%. …
That’s right, the better stock to watch for those investors who value momentum over everything else in the technology sector is not actually NVIDIA Co. NASDAQ: NVDA. Understanding that the artificial intelligence wave is only getting started, especially considering that chip and semiconductor technology will only advance according to Moore’s law. But, if it’s not…
$52.58 -0.59 (-1.11%) (As of 07/5/2024 ET) 52-Week Range $40.19 ▼ $78.53 Price Target $67.30 The market for GitLab NASDAQ: GTLB collapsed in late May when it announced high-severity flaws in its platform. The news was especially shocking coming from a DevSecOps platform, but the impact on the share price has been short-lived. The market is…
RIVN Rivian Automotive $14.79 +0.14 (+0.96%) (As of 07/5/2024 ET) 52-Week Range $8.26 ▼ $28.06 Price Target $19.04 Despite sinking to an all-time low in April, shares of Rivian Automotive, Inc. NASDAQ: RIVN have been on a heater in recent weeks. The electric vehicle (EV) maker, considered one of the stronger alternatives to the king of…
Clarivate NYSE: CLVT may not be the cheapest AI stock worth buying, but it is inexpensive and set up to rebound strongly over the next few quarters. Trading at a mere 7.5x its earnings outlook for 2025, it is a super-deep value compared to leading AI plays, and the estimates for earnings growth underestimate the…
We recently carried out a survey among 3,000 business executives to identify which cities they consider hidden gems for launching a startup. The results are below. Key Findings & Implications Overall: Regional Clusters: Many hidden gem cities are clustered in regions known for their strong educational institutions, lower living costs, and supportive local governments. The…