Every sector has clear winners and losers, a reality that holds even in the dynamic realm of artificial intelligence (AI). With the release of groundbreaking technologies, including ChatGPT, earlier this year, AI has taken the market by storm. This surge has made it challenging to sift through the hype and identify stocks that offer sustainable
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How can SoFi Technologies (NASDAQ:SOFI) stock go from hated in 2022 to loved in 2023? It’s all about central bank policy and the market’s expectations. In the end, SoFi Technologies will likely benefit from more accommodative monetary policy. However, the ultra-efficient market already knows this, and many of SoFi Technologies’ investors may have jumped the gun. It’s
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Soon, it will be that favorite time of the quadrennial cycle where American citizens will decide the future of this great nation, subsequently necessitating a discussion about election year stocks. On surface level, you might think that such periods would be rather disastrous for equities, especially with the vituperative environment. However, the hard numbers suggest
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Everybody and his uncle wants to invest in artificial intelligence (AI) nowadays. Yet, many stock traders are unaware of the huge opportunity with an AI-adjacent technology, quantum computing. IonQ (NYSE:IONQ) IONQ stock offers pure-play exposure to quantum computing, but this stock isn’t appropriate for every investor. IonQ is headquartered in Maryland, and the company develops
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On Dec. 1, I argued that SoFi Technologies (NASDAQ:SOFI) stock was a buy. Mainly, because the market’s near-term concerns about SOFI stock had resulted in shares falling to a price that was more-than-reasonable compared to this neobank’s long-term prospects. Soon after laying out the bull case, sentiment for SOFI shifted rapidly. Within weeks, shares surged
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Tax-loss harvesting is a strategic financial tactic investors employ to leverage market downturns for potential gains. The process involves selling securities at a loss to offset or minimize capital gains taxes on profitable investments. Essentially, it allows investors to capitalize on losses by selling underperforming assets. Then, they use those losses to offset taxable gains,
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At first glance, electric vehicle (EV) battery technology company QuantumScape (NYSE:QS) might sound like a great business to invest in. After all, QS stock moved higher in November and early December. Yet, caution is definitely advised as QuantumScape’s financial shortcomings can’t be ignored. Besides, as we’ll explain today, a prominent analyst firm published a low price
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There’s no doubt about it. It’s been a great year to invest in Nvidia (NASDAQ:NVDA), the most magnificent of the “Magnificent Seven” companies. However, Nvidia isn’t the only artificial intelligence (AI) processor arms race competitor. Indeed, a comeback contender in the AI chip industry should make eager NVDA stock buyers think twice.           
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Well, 2023 certainly hasn’t been perfect for stocks, but with volatility and uncertainty lingering after the chaos of 2022, it’s been better than expected for most investors. Many people braced themselves for a downturn this year amid Fed rate hikes, but the market has shown impressive resilience and even a nice recovery. As we round
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The concept of a “metaverse” refers to a sophisticated, evolving virtual realm where users from the real world can engage dynamically with a digital environment alongside others. Investors are showing strong interest in metaverse stocks to buy in 2024, signaling potential growth. This increasing enthusiasm has significantly impacted the metaverse stock market with promising opportunities
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A seismic shift is underway for fintech stocks as three financial juggernauts emerge as the vanguards of fintech innovation, setting the stage for a transformative 2024. These titans wield disruptive strategies that promise to reshape the landscape of consumer finance and transaction processing. These three fintech stocks aren’t just companies; they are architects of change,
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