Social media giant Meta Platforms (NASDAQ: META) is scheduled to announce its fourth-quarter 2023 results on February 1, sparking anticipation about the report’s potential impact on the company’s future trajectory. Meta expects total revenues ranging between $36.5 billion and $40 billion for the fourth quarter, with a predicted year-over-year top-line growth of approximately 2%. Ahead…
Big data analytics and software company Palantir Technologies (NYSE: PLTR) is among the firms that rode the artificial intelligence (AI) wave, introducing unique products that boosted its stock. Notably, the company, known for attracting military contracts, launched its Artificial Intelligence Platform (AIP), which was well-received by investors over the past year. However, the stock has…
Warren Buffett, the Oracle of Omaha and perhaps the best-known and least-disliked billionaire investor, is famous for his seemingly clairvoyant and immensely lucrative stock picks. At a glance, the billionaire’s portfolio results for 2023 – given that they were altogether mixed – might give the impression that at 93, he lost some of his spark,…
It would hardly be a stretch to say that the technology giant Microsoft (NASDAQ: MSFT) has recently been on a roll. Throughout 2022, the company’s early investment in OpenAI and its platforms – including the flagship large language model (LLM), ChatGPT – paid off massively. Additionally, Microsoft recently launched its own artificial intelligence (AI) chatbot…
American elected officials are well-known as successful stock traders to the extent that some, like Jordan Belfort, the “Wolf of Wall Street,” believe they are continuously breaking the law and engaging in insider trading. Generally, many politicians decisively beat the major stock market indices like the S&P 500 and all major hedge funds, with Representative…
Though investor optimism persists due to the approval of multiple spot Bitcoin (BTC) exchange-traded funds (BTC ETFs), the upcoming Bitcoin halving, and the expected approval of Ethereum (ETH) ETFs, 2024 has started off with a major downturn in the crypto market. Indeed, the red tide since January 1 has been almost universal and has swept…
With the stock market offering diverse investment opportunities, picking an equity that almost guarantees a steady income stream becomes challenging. This is more challenging, considering the market is susceptible to factors such as the general economic outlook that might spur short-term volatility. However, several stocks remain with the potential to drive monthly income through approaches…
The United States is currently grappling with a complex border crisis, projected to have repercussions across several sectors, including humanitarian, political, and economic. With a focus on the economy, selected disciplines, such as the stock market, will likely see a shift as the issue evolves. While the human aspect remains important, several publicly traded companies…
For more than two years, inflation and interest rates have been on the minds of many Americans – and of citizens of most countries in the world. Inflation figures in the post-COVID world have reached highs usually unimagined in developed economies and peaked at 9.1% in June 2022 and at 11.5% in the EU in…
As we approach the end of the first month of 2024, investors are closely scrutinizing the overall stock market to gather insights into the potential trajectory of various sectors for the remainder of the year. Notably, the general market commenced the year positively, with specific equities building upon the momentum from the 2023 end-year rally,…