With Netflix (NASDAQ: NFLX) recently hitting a record high following its strong Q3 2024 earnings report, an investment firm has projected that the stock is on track to breach the $840 mark by the end of 2024.This upward momentum is largely driven by the company’s strategic focus on expanding its core movie and TV offerings, alongside efforts in gaming and improving its advertising strategy. The streaming giant’s stock surged to a record close of just over $772 on October 21, 2024, marking a 34% gain over th ...

After former President Donald Trump made headlines serving fries at a McDonald’s drive-thru in Pennsylvania over the weekend, some were quick to speculate that the fast food giant’s stock might see some turbulence. During Monday’s trading hours, McDonald’s (NYSE: MCD) shares experienced a slight dip, but was it really due to Trump’s impromptu shift behind the counter?On Sunday, Trump was spotted chatting with voters and handing out fries, creating a buzz across social media. However, McDonald’s was quick to ...

While Nvidia (NASDAQ: NVDA) has been among the world’s most-discussed and fastest-growing major companies, it hasn’t been an investment for everyone. Indeed, income-focused investors would find much to be desired when examining NVDA as, for example, a $1,000 stock purchase made in January would have yielded just $0.20 in dividends on October 3.One exchange-traded fund (ETF) – YieldMax NVDA Option Income Strategy ETF (NVDY) – set out to eradicate this deficiency and has, so far, met with stellar success. The ...

Nvidia’s (NASDAQ: NVDA) meteoric rise saw the stock tap another all-time high, but analysis of the equity’s relative strength index (RSI) suggests this momentum might be short-lived.The stock closed up 4.14% to $143.71 during the latest session. In 2024, the semiconductor giant is now up 190.2% year-to-date.NVDA YTD stock price chart. Source: Google Finance Despite NVDA’s apparent strength in the price breakout, technical signals suggest caution might be warranted, with the RSI entering oversold territory, ...

Electric vehicle pioneer Tesla (NASDAQ: TSLA) is in a precarious spot at the moment. After a lukewarm to bearish response to the company’s October 10 Robotaxi day event, TSLA stock price dropped by 8.8% — from $238 to $217.Although the event did feature several key announcements, investors were left wary after yet another full self-driving (FSD) delay from Elon Musk.At press time, Tesla shares were trading at $217.54 — in the last thirty days, prices have declined by 12.98% in total — bringing year-to-date ...

Tesla’s (NASDAQ: TSLA) stock is struggling to hold above $220, with this week’s Q3 earnings report likely to determine its next move.The stock ended the October 18 session valued at $220.70, down less than 0.1%. This has extended its losses over the past month, during which TSLA has dropped by over 11%. In premarket trading on October 21, Tesla’s stock price was down almost 1.3%. TSLA one-month stock price chart. Source: Google Finance What to expect from Tesla’s Q3 earnings report As the EV maker prepares ...

While Nvidia (NASDAQ: NVDA) is one of the best-performing stocks of 2024 at the time of publication, an increasing number of analysts and investors are worried that the stock's two-year rally may soon come to an end. On September 4, the company saw a record $279 billion loss in market cap. Valuation concerns have followed the stock's rise throughout the year — now, after it has reached a new all-time high (ATH) of $140, many suspect that a correction is imminent. One researcher in particular has highlighted ...

Boeing (NYSE: BA) has been one of the most troubled major companies in the U.S. in the last year or so. The aeronautics giant had faced accusations of manslaughter over a series of high-profile and deadly crashes in 2018 and 2019, and the ghosts of Boeing's relaxed quality control came to haunt it at the very start of 2024. So far, BA shares have collapsed 36.74% in 2024 to their press time price of $159.26 on a major loss of customer confidence and, more recently, due to a major worker strike. -36.74% (-$9 ...

Thanks to its pivotal role in the artificial intelligence (AI) boom, a focus on reinvesting in innovation, and general investor hype, Nvidia (NASDAQ: NVDA) has been one of the top performers in the stock market in the last two years.One area it has not excelled at, however, is dividend yield, making it unattractive for income-focused investors. Indeed, traders who purchased $1,000 worth of Nvidia stock at the start of 2024 received only $0.20 on October 3, the last time the company paid dividends.Still, thi ...

Thanks to its pivotal role in the artificial intelligence (AI) boom, a focus on reinvesting in innovation, and general investor hype, Nvidia (NASDAQ: NVDA) has been one of the top performers in the stock market in the last two years.One area it has not excelled at, however, is dividend yield, making it unattractive for income-focused investors. Indeed, traders who purchased $1,000 worth of Nvidia stock at the start of 2024 received only $0.20 on October 3, the last time the company paid dividends.Still, thi ...