Updated 2024 Stock Market Outlook
The bull market continues to rage on with the S&P 500 (SPY) making new highs. That is the past…the question is what does the future hold? That is why 44 …
stocks
Reddit shares skyrocket 38% above IPO price, valuing company at nearly $9B
Social media platform Reddit’s shares ended their first day of trading in New York up 48%, signaling that investor appetite for initial public offerings of promising yet loss-making companies could be returning. …
Reddit Stock Surges on Its First Day of Trading
A big concern ahead of the public listing was that Reddit, the platform that gave birth to the memestocks of 2021, could also suffer the wild price swings caused by …
MU Pre-Earnings Analysis: Is Micron Technology a Strong Buy?
In its most recent quarter, Micron Technology (MU) broke a five-quarter streak of revenue declines, signaling a much-awaited positive growth. However, it also observed a waning in cash reserves. With …
Are Wix.com (WIX) and Global-E Online (GLBE) Worth Buying Now?
The growing internet usage, coupled with increasing digitization, has strengthened the internet services industry. Given this backdrop, let’s analyze whether internet services stocks Global-E Online (GLBE) and Wix.com (WIX) are …
Nvidia CEO Jensen Huang unveils game-changing AI chip as firm looks to solidify dominance
Artificial-intelligence semiconductor powerhouse Nvidia on Monday unveiled a flagship AI chip, the Blackwell B200, saying it is up to 30 times speedier than its previous chip. Chief Executive Jensen Huang, kicking off …
Fracturing ‘Magnificent Seven’ trade puts spotlight on megacap valuations
Diverging fortunes for the massive technology and growth names that have propelled the U.S. stock market higher are throwing a spotlight on their pricey valuations. The so-called “Magnificent Seven” are …
Opinion | Time to see ‘marketplace magic’ as the voodoo economics it really is
Even allowing for the long-standing tendency towards excess on the part of stock investors – which has all too often resulted in boom-and-bust cycles – the apparent inability of markets …
Should Investors BEWARE of this Market?
The S&P 500 (SPY) has been on a tear since November 1st when the Fed started to make their dovish tilt opening the door to future rate cuts. Unfortunately they …
Apple (AAPL): Is it a Good Time to Buy Right Now?
While Apple’s (AAPL) unveiling of the new MacBook Air underscores its commitment to innovation, recent setbacks in its car project highlight the company’s formidable challenges. Thus, is investing in the …