"I'm wildly bullish, and I may be dead wrong, but I'm wildly bullish."
Earnings season continues to chug along, with the reporting docket being dominated by mega-cap technology this week. The period has primarily been positive thus far, with many stocks enjoying buying pressure post-earnings. Next week, the cycle looks to continue at a rapid pace, as we’ve …
Apple Inc. AAPL CEO Tim Cook’s first mention of AI during the December quarter earnings call has Wedbush’s Dan Ives excited about the iPhone maker’s prospects going forward. Apple’s Ambitious AI Prospects: Ives believes that despite challenges in markets like China, Apple is well-positioned to …
U.S. stocks enjoyed a strong surge toward the end of trading, with the Nasdaq Composite gaining around 1.8% on Friday. The Dow traded up 0.49% to 38,705.29 while the NASDAQ rose 1.81% to 15,639.81. The S&P 500 also rose, gaining 1.20% to 4,965.03. Market …
AMD’s Current State Shares in Advanced Micro Devices (NASDAQ: AMD) have risen more than 130% year over year, largely due to a thriving year for artificial intelligence (AI). The advent of OpenAI’s ChatGPT in November 2022 spurred a surge in chip stocks as Wall Street …
Investing, akin to a high-stakes game, is a pursuit of the finest choices. Unravel the methods to tip the scales in your favor. Let’s delve into the key principles: Recognizing a Bull Market Confirm that the bullish force is at play; approximately 75% of stocks …
We have seen some breathtaking results from the titans – Microsoft MSFT, Meta Platforms META, and Amazon AMZN – cementing their unassailable position at the market’s helm. These behemoths, joined by their peers in the esteemed ‘Magnificent 7’ cadre of stocks – Apple AAPL, Alphabet …
The U.S. consumer confidence in the economy and its future outlook has witnessed a significant surge in January. The Conference Board revealed that the index of the U.S. consumer confidence for January stood at 114.8, exceeding the upwardly revised 108 for December. This is a …
The S&P 500 E-Mini has triggered a High 1 buy setup by going above the January 31st bear breakout bar. Historically, late buy setups in a bearish trend often lead to sideways trading. While the rally on January 31st appeared to signal a second leg …
Alibaba Group Holding Limited BABA is considering the sale of its grocery business Freshippo and retailer RT-Mart, aligning with a strategic pivot towards focusing on its core e-commerce operations and shedding non-essential, unprofitable units. This decision under chairman Joe Tsai and CEO Eddie Wu reflects a broader …
Rivian (NASDAQ: RIVN) has emerged as a strong candidate to move from young electric vehicle (EV) start-up to significant player. While the stock has trended lower as EV sales growth has slowed in the U.S., the company is still an intriguing long-term play you can …