Much like the rest of the electric vehicle (EV) industry, Rivian (NASDAQ: RIVN) has been struggling in recent months, and its shares have been – for the most part – dropping on the stock market in nearly every commonly-used timeframe. Indeed, the firm is down 13.69% in the last 52 weeks, 22.61% since January 1,…
Looking at the price charts for Nvidia (NASDAQ: NVDA) for the last trading day – Monday, February 12 – and for the entire 2024 so far can, and certainly has for many investors, triggered a gut feeling that the surge cannot continue – not without a break at least. Since the year began, the semiconductor…
Michael Burry, the medical doctor turned successful investor, made a name for himself in 2008 when he correctly predicted the crisis and shorted the U.S. housing market. Since then, the now-famous investor has been intermittently active in the stock market as well as on X, and to this day, his portfolio boasts some interesting picks…
Last year, the e-commerce giant Amazon (NASDAQ: AMZN) stood out as one of the blue-chip firms whose stock market rise could not be hampered by recessionary fears, and the company has, with 2024’s S&P 500 record surge, only continued its strong upward trajectory. Indeed, the company not only retains its leading position in the e-commerce…
Michael Burry, the medical doctor turned successful investor, made a name for himself in 2008 when he correctly predicted the crisis and shorted the U.S. housing market. Since then, the now-famous investor has been intermittently active in the stock market as well as on X, and to this day, his portfolio boasts some interesting picks…
While it may not be a name as recognizable as Nvidia (NASDAQ: NVDA) or Advanced Micro Devices (NASDAQ: AMD), ASML Holdings (NASDAQ: ASML) is, nonetheless, a crucial player in the semiconductor industry and a key enabler of the ongoing artificial intelligence (AI) boom. In recent years, the Dutch company emerged not only as the main…
The stock price of electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) has suffered a downturn recently, coinciding with a period in which the company fell short of Wall Street estimates for quarterly profit and revenue. This sell-off has also emerged amid the controversy surrounding CEO Elon Musk and his relationship with the EV maker’s board….
The Super Micro Computer (NASDAQ: SMCI) stock is a noteworthy performer in 2024, primarily propelled by its capitalization on the artificial intelligence (AI) revolution alongside robust financial performance. The growth can partly be tied to the company’s ability to specialize in advanced servers and storage equipment tailored for handling the rigorous workloads of AI applications…
Renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad‘, Robert Kiyosaki, has continued to express concerns about the trajectory of the American economy and highlighted the need for strategic investments to safeguard against potential fallout. In an X (formerly Twitter) post on February 10, Kiyosaki drew historical parallels, comparing the…
One might say that the last 12 months sent the shares of the luxury electric vehicle (EV) maker Lucid Motors (NASDAQ: LCID) to the pits. Throughout 2023, the company was forced to implement measures such as a $10,000 cashback program on new cars, got kicked off the Nasdaq 100 index, and, in early 2024, fell…