In a fiercely competitive electric vehicle manufacturing industry, Rivian Automotive (NASDAQ:RIVN) faces hurdles in selling vehicles and achieving profitability. Consequently, RIVN stock may be exposed in 2024, potentially relinquishing recent gains.  Though Rivian has seen its stock price rally roughly 50% off of this year’s lows, it’s still trading well below its previous meme-cycle peak.
0 Comments
There are certain economic indicators that capture investors’ attention without fail, and anything suggesting a cooling job market tends to fall toward the top of the list. That’s because the stock market and the unemployment rate are correlated— at least they have been for the most part. When unemployment is high, the economy tends to
0 Comments
If you’re seeking exposure to the cybersecurity and artificial intelligence market, you may be tempted to load up on Palantir Technologies (NYSE:PLTR) stock. After all, a famous tech-market investor recently bought millions of shares of Palantir. Don’t hit the “buy” button, though, until you’ve considered a potential issue with one of Palantir’s government contracts. Also, remember
0 Comments
Investors looking for solid companies that offer a reliable source of growth may want to avoid the companies I’m listing below. They’ve all struggled with reduced cash flow, lower-than-expected full-year guidance, and possible bankruptcy. Investors may see these companies as a “Buy” due to their reduced share price, but in my opinion, it’s difficult to
0 Comments
Founded in 2009, C3.ai (NYSE:AI) aims to empower businesses with artificial intelligence. CEO Thomas Siebel, who offers over 40 customizable AI applications across various industries, sees the AI opportunity as transformative as the internet or smartphones. Recent fiscal 2024 Q2 results reveal notable growth in customer engagements and revenue, prompting investor consideration. This has considerable
0 Comments
Throughout 2023, the financial sector and its financial stocks continued to perform relatively well. Specifically, the sector provided 4.6% returns from financial stocks within the S&P 500. Additionally, the sector did particularly well in November, providing 10.6% returns overall within the same grouping of equities. For context, the tech sector and the consumer discretionary sector
0 Comments
As a member of the “Magnificent Seven,” Apple (NASDAQ:AAPL) earned the market’s favor throughout 2023. However, this doesn’t guarantee similar results for Apple’s investors in 2024. Overall, the outlook for AAPL stock is good and we’re assigning it a “B” grade, but there’s no urgency to buy it now if you don’t want to. It’s amazing to consider how
0 Comments