"I'm wildly bullish, and I may be dead wrong, but I'm wildly bullish."
Lucid Group, Inc. LCID shares have been trending lower over the past month. Shares of the electric vehicle (EV) startup have plunged 22.7% over the past month, underperforming the Zacks Automotive – Domestic industry’s growth of 0.8%. Lucid has also underperformed industry peers, including Rivian …
Here’s a quick recap of the crypto landscape for Monday (August 18) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$115,446, …
Key Points In addition to the rise of artificial intelligence (AI), excitement surrounding stock splits has played a key role in lifting the broader market. Two members of the Magnificent Seven have significant retail investor ownership, which can spur the need for a forward split. …
It’s not just an enormous company. Amazon (NASDAQ: AMZN) is also one of the world’s most recommended stocks. There’s a good chance you own it, in fact, or have at least considered owning it at some point in the past. And for good reason. After …
Key Points Undoubtedly, tech stocks are driving today’s stock market. The growth in artificial intelligence, machine learning, cloud computing, and automation makes tech stocks the most powerful and dynamic in the market. That’s why the tech-heavy Nasdaq Composite, with its 28% gain in the last …
Key Points Nvidia is the flag bearer for generative AI, which is still in the early innings. The chipmaker furnishes the graphics processing units (GPUs) that supply the computational horsepower that underpins AI. While Nvidia has grown at a blistering pace over the past few …
Here’s a quick recap of the crypto landscape for Friday (August 1) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$114,797, …
Key Points The term “Magnificent Seven” was first used by Wall Street analysts in 2023 to describe a group of seven companies that operate at the cutting edge of the technology industry. They are worth a combined $19.7 trillion, but their incredible size isn’t the …
Key Points Roku looks expensive on forward earnings and still lacks bottom-line profits. Valuing Roku on sales growth suggests the stock deserves a higher multiple. 10 stocks we like better than Roku › At first glance, media-streaming technology stock Roku (NASDAQ: ROKU) looks incredibly expensive. …
Key Points At a time when the global automotive industry is contemplating how to deal with highly advanced and highly affordable Chinese electric vehicles (EVs) slowly spanning more of the globe, Slate Auto has been slowly growing in Detroit. The young automaker — just founded …