Quantum computing is seeing renewed momentum, with numerous entities investing in the space and making notable progress. Recent breakthroughs include Google’s Willow chip, which can complete calculations in minutes that would take years for supercomputers. Investors looking to get involved in the sector have several options as interest grows. To help narrow the field, Finbold…
As Tesla (NASDAQ: TSLA) prepares to launch the robotaxi service in Austin, a Wall Street analyst is skeptical that the new product will meet expectations and warns it could trigger a bearish reaction in the company’s stock. This follows Tesla CEO Elon Musk’s announcement that the tentative launch date for the public robotaxi service is…
Lockheed Martin (NYSE: LMT) shares dropped on Wednesday as investors reacted to news that raises questions about the firm’s future momentum of its flagship F-35 fighter jet program. As of press time, LMT stock was down almost 6%, trading at $448.70. This decline extends the stock’s weekly losses to more than 7%. LMT one-week stock…
Plug Power (NASDAQ: PLUG), backed by asset management giant BlackRock (NYSE: BLK), has seen growing bullish sentiment from investors following a series of positive developments. As of March 31, BlackRock disclosed a stake in the company, holding just under 80 million shares valued at $107.5 million. While that represents a small portion of its overall…
Plug Power (NASDAQ: PLUG), backed by asset management giant BlackRock (NYSE: BLK), has seen growing bullish sentiment from investors following a series of positive developments. As of March 31, BlackRock disclosed a stake in the company, holding just under 80 million shares valued at $107.5 million. While that represents a small portion of its overall…
The semiconductor sector is regaining momentum, with stocks like Nvidia (NASDAQ: NVDA) rallying as part of a broader push to reclaim their strong performance from early 2024. Recent strength in the sector follows the conclusion of key trade negotiations between the United States and China. Investors are optimistic that the outcome may lead to eased…
Insiders at American software giant Palantir (NASDAQ: PLTR) are increasingly offloading shares, even as the stock surges amid a wave of lucrative government contracts. In the most recent transaction, Shyam Sankar, Palantir’s Chief Technology Officer and Executive Vice President, filed on June 10 to sell 405,000 shares of PLTR common stock. Based on an average…
An analyst has suggested that a confluence of fundamentals and bullish technical indicators is potentially forming a “perfect storm” for XRP to reach the $10 mark. Reaching this level would represent a 336% rally from XRP’s price of $2.29 as of press time. Indeed, the move will be massively bullish, considering that XRP has struggled to establish…
Morgan Stanley (NYSE: MS) analysts have suggested that the recent public spat between Tesla (NASDAQ: TSLA) CEO Elon Musk and President Donald Trump was likely a calculated move. The clash began after Musk criticized Trump’s tax bill for inflating the federal deficit, triggering a 14% drop in Tesla shares and wiping out $150 billion in…
OpenAI’s ChatGPT has weighed in on the prospects of electric vehicle (EV) manufacturer Lucid (NASDAQ: LCID) making investors millionaires. The AI’s outlook comes at a challenging time for LCID stock, which has dropped over 26% year to date. Lucid is trading at $2.22, down 0.22% as of press time. LCID YTD stock price chart. Source:…