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Wealth manager DA Davidson initiated coverage on Nvidia (NASDAQ:NVDA)'s stock, projecting a 15% downside risk in chipmaker's shares.Nvidia’s shares staged an impressive gain of over 240% in...
The "Magnificent Seven" will likely continue their upward performance in 2024, but analysts expect Tesla to lag.The Magnificent Seven group of stocks was the primary leader of the 2023 market rally....
Bitcoin kicked off the new year on a high, crossing the $45,000 mark for the first time since April 2022.For the first time in 21 months, Bitcoin’s price surpassed the $45,000 mark, riding on...
Where could gold prices go in 2024? Here's a quick look at the bull and the bear case for the metal.In 2023, gold’s performance was notable for several reasons. First, the price of gold climbed...
In 2023, Bitcoin displayed a remarkable rebound, defying previous downturns. After a difficult 2022, it recovered and significantly increased in value, surging by 164% since the year’s start....
In 2023, the S&P 500 index demonstrated a remarkable performance. Opening the year at 3,853 on January 3, the index closed at an impressive 4,746 on December 21, marking a year-to-date increase of...
Shares of major global sportswear makers and retailers experienced a decline on Friday following a disappointing revenue forecast from Nike (NYSE:NKE), which led to a more than 10% drop in this...
A year ago, the Bitcoin price was sitting at $16,837. Over the following 12 months, the flagship cryptocurrency staged a 160% comeback. Several factors helped BTC orchestrate its impressive recovery,...
AI integrated into social, with a pinch of cruising; three stocks remain a "strong buy" for good reasons.Investing in stocks has become the mainstay of US economic life to avoid wealth erosion via...
Three companies dominate their domains for high dividend yields. After the FOMC meeting on December 13th, the Federal Reserve signaled the end of the bias toward rate hikes. Out of 19 Fed officials,...
Inflation in the UK fell abruptly to 3.9% in November, the lowest since September 2021. Inflation in the UK surprisingly fell more than anticipated to 3.9% in November, marking the lowest reading for...
Small-cap stocks are currently sitting at substantial discounts and are likely to be poised for a rebound in 2024.The S&P 500 staged an impressive rebound in 2023, but its better-than-expected...
Months ago, most economists dismissed claims that Jerome Powell and his team of policymakers at the Federal Reserve would pull off the so-called “soft landing.” But after recent events and...
Consolidated Big Tech has been resistant to a higher interest rate environment. But what happens when the fed funds rate goes down?On December 5th, US Treasury Secretary Janet Yellen made a telling...
Jabil Inc (NYSE:JBL), a leading manufacturing solutions provider, has released its financial results for the first quarter of fiscal year 2024, presenting a nuanced picture of its current performance,...
Why are these three Chinese stocks a "strong buy"? At the end of 2023, the Chinese stock market is exhibiting extreme underperformance. Compared to emerging markets (EMs), they are trading at...
After tumbling to lowest point in nearly 4 years, JPMorgan expects VIX to rebound in the near term.The CBOE Volatility Index (VIX), a gauge of the S&P 500’s volatility, has plummeted to the...