Meta Platforms (NASDAQ:META) surprised the stock market recently by announcing it would pay its first-ever quarterly dividend. The owner of Facebook, Instagram, and WhatsApp said the payout will be 50 cents per share, or $2 per share on an annual basis. That works out to a yield of about 0.4% at current prices. It’s not
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After a slow start to the year, the SoFi Technologies (NASDAQ:SOFI) stock outlook is more positive than you might have believed. While shares are down more than 16% since the start of trading in January, here are three reasons investors should hold on to their SOFI shares. The SoFi Stock Outlook As most people probably know,
Nvidia (NASDAQ:NVDA) surprised many investors in 2023 with exceptional gains and financial reports to back them up. The company became a frontrunner in the artificial intelligence (AI) industry and still has plenty of runway left. NVDA’s success brought more attention to other semiconductor stocks and firms that specialize in AI. Any hint of a tailwind in
Three of the favorite words to meme-stock investors are “short-squeeze stocks.” These are stocks where short sellers, betting for a fall in the company’s share price, are squeezed out of their short positions due to an unexpected, rapid increase in the share price. The higher the short interest, the greater the potential short squeeze. As
Unsurprisingly, Microsoft (NASDAQ:MSFT) continues to soar higher and boasts a market cap above $3 trillion. The tech giant’s ascent has inspired many investors to pursue stocks that can someday reach the $1 trillion milestone. Finding long-term investments and letting time take its course can be a winning strategy. However, you have to pick the right assets
Palantir (NYSE:PLTR) stock jumped 25% last Tuesday after the data analytics firm announced a surge in AI-related demand. U.S. commercial revenues rose 70% year over year, driven by a 55% increase in customer count and rising contract values. “AI has radically recalibrated customer expectations for software,” said chief technology officer Shyam Sankar during the company’s
Now is a great time for investors to scoop up shares in lithium stocks. The spot price of lithium carbonate and spodumene seems to have hit the bottom. Prices are beginning to return to the upside. Also, inventories are decreasing, which means there could be a positive short-term catalyst in store for investors. These developments
The Russell 2000, an index tracking the performance of small- to mid-cap companies, has not had a good start to 2024. So far, the Russell is trading flat while the S&P500 and Nasdaq have appreciated 6.26% and 8.51%, respectively since equities trading began this year. However, with many Russell 2000 stocks down, this may be the time for investors
Midway through the current earnings reporting period, companies have been delivering results exceeding market expectations. As we forge ahead, now is the right time to discuss which stocks to watch this week. A trend observed during this earnings season is the increase in stock buybacks, a strategy executives employ to goose stock prices. So far
Quantum computing stocks represent the next frontier for computing and the potential for scientific breakthroughs. Due to the disruptive potential of these companies, I anticipate that there’s a solid chance for them to mint new millionaires. However, first people must make a substantial investment in them. This article will reveal these quantum computing stocks that
Technology stocks continue to lead the market higher. Especially companies associated with artificial intelligence (AI). So far in 2024, the technology-laden Nasdaq index is up 7%, building on last year’s 43% increase. In fact, it is nearing it all-time high. Despite the bull run, the current rally in technology stocks looks to have legs. With
Tesla (NASDAQ:TSLA) stock has had a rough start to the year after reporting its Q4 and full year 2023 financial results. My initial Tesla stock analysis suggests Wall Street was particularly disappointed with Tesla’s lack of clarity regarding the company’s plan for the future. Tesla is currently navigating through a challenging macroeconomic environment. Rising interest
The trillion-dollar market valuation club is currently dominated by the tech sector. Saudi Aramco is the sole exception. The other six members are all part of the Nasdaq’s Magnificent Seven. But if people keep getting prescriptions for popular weight loss drugs Mounjaro and Ozempic, it may not be long before the two Big Pharma firms
With all the hoopla about the top tech stocks that have market valuations above $1 trillion, it’s easy to overlook the fact that the next company to cross the 1 and 12 zeroes milestone is likely to be one that is decidedly NOT a Magnificent 7 Nasdaq darling. Warren Buffett’s Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) is
There’s nothing artificial about Nvidia’s (NASDAQ:NVDA) parabolic stock market run. The chip giant, fueled by strong sales of AI-powered processors, has surged more than 40% already this year and is now worth a staggering $1.73 trillion. The stock is trading at a record high, having recently passed the $700 threshold. If Nvidia, which is due
Many fintech stocks are trying to lift themselves from the rubble after falling off their peaks in 2021. Not all the financial technology innovators have garnered meaningful momentum, with some continuing to face an existential crisis amid big tech’s move to capture a more significant slice of the digital payments market. These are becoming major
Tesla (NASDAQ:TSLA) investors have had a miserable year. The stock is already down more than 20% in 2024. And it could get worse for Elon Musk before it gets better. That’s because two of the electric vehicle maker’s biggest traditional automotive rivals… Ford (NYSE:F) and Toyota Motor (NYSE:TM) just both reported phenomenal results, in large
2024 is beginning the same way 2023 ended: with the Magnificent 7 stocks performing exceptionally well. Prognosticators expect that at least six of the seven firms included in the group will be the top contributors to fourth-quarter earnings of the S&P 500 Index. Let’s take a look at some of the top Magnificent 7 predictions
In the vast landscape of today’s markets, artificial intelligence (AI) is reshaping investment strategies. Therefore, AI stock picks are as relevant as ever. AI’s ability to analyze extensive datasets and discern patterns gives it a unique edge. In essence, it makes it an incredibly valuable research tool. Recently, I harnessed the prowess of Chat-GPT to
In August 2023, Rolls-Royce unveiled the Droptail, the most expensive production vehicle in the world. According to industry estimates, the four vehicles produced will cost roughly $28 million each. And these superyachts on wheels will feature customizations that test the term “production vehicle.” One will feature a champagne refrigerator built specifically for the owner’s vineyard
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