Nvidia (NASDAQ: NVDA) stock has traded in the red for the last two trading sessions, and technical indicators suggest investors should anticipate further downside.This projection stems from Nvidia’s recent price movement, which saw the stock hit a “touch of death,” signaling possible declines ahead, according to an analysis shared by stock market expert Peter DiCarlo in an X post on September 18.DiCarlo explained that the “touch of death” is triggered by the BX Trend, an indicator reflecting a stock’s buy a ...

As the artificial intelligence (AI) craze still runs high, offering plenty of opportunities for growth stocks to achieve outstanding returns, two particular AI-focused stocks might have it in them to outpace the S&P 500 index through the decade’s end.Indeed, the market for AI technology, which covers a wide range of applications, could increase from $184 billion in 2024 to $826 billion by 2030, according to the June Statista report, and Finbold has narrowed down two AI stocks that could particularly benefit ...

Renowned investor Warren Buffett, known for his long-term stock picks and strategic patience, is on a selling spree. Over the last couple of months, his company, Berkshire Hathaway (NYSE: BRK.A), has unloaded a significant chunk of Bank of America (NYSE: BAC) stock. And it wasn’t just a small adjustment. Since mid-July, Buffett has sold a staggering $7.2 billion worth of BAC stock, reducing Berkshire’s position by 174.7 million shares. In just three trading days last week, Berkshire sold an additional 5.8 m ...

After a downturn in early September, Nvidia (NASDAQ: NVDA) is showing signs of recovery, with NVDA shares rising 5.81% over the last five sessions to $116.78 and up another 0.59% in extended trading to $117.50 at press time. NVDA stock 5-day price chart. Source: FinboldTechnical analysis (TA) of NVDA stock also hints at a strong and continued rally. Per the popular analysis published by a TradingView user, ‘impossiblebull,’ the chipmaker has formed a ‘beautiful’ Cup & Handle pattern on the hourly chart just ...

Intel (NASDAQ: INTC) has witnessed a surge in insider stock purchases coinciding with the announcement of a $3.5 billion United States government contract award.The number of shares purchased by insiders skyrocketed to approximately 12,500 in Q3 2024, reflecting a 43% year-over-year growth. In comparison, only 7,009 shares were bought in the same period in 2023, according to data retrieved from the stock market tracking platform Quiver Quantitative on September 17.The spike in insider trading is noteworthy, ...

Despite experts predicting Apple (NASDAQ: AAPL) will enjoy strong performance in September and October due to its new iPhone launch and artificial intelligence (AI) integration, AAPL stock has undergone significant turbulence in recent weeks.As is frequently the case for U.S. politicians, Senator Tommy Tuberville appears to have seen the issues coming. According to the filing made on September 13, he had already sold up to $50,000 worth of Apple shares in late August. US Senator Buy/Sell Signal Stocks ...

Apple (NASDAQ: AAPL) stock is showing immediate signs of weakness in reaction to the lackluster pre-order figures for the company’s latest smartphone model, iPhone 16.Despite the iPhone 16 series unveiling new features and enhancements, such as Apple Intelligence, pre-order analysis suggests that the iPhone 16 Pro and Pro Max have come in below expectations, Ming-Chi Kuo, an analyst at TF International Securities, indicated in a September 16 blog post.A breakdown of Kuo’s analysis shows that the iPhone 16 s ...

After a blissful period of constant price increases fueled by the artificial intelligence (AI) craze, Nvidia (NASDAQ: NVDA) stock has started to slow down, even recording some major dips in the past few weeks, and currently, it is residing in the “sweet spot” between two key price levels.Specifically, Nvidia shares are currently “RIGHT in the sweet spot” between the 0.618 Fibonacci retractement level of $106.19 acting as a strong support and resistance in the previous high of $131.26, according to the obser ...

For more than a year, Alibaba (NYSE: BABA) has been an uncertain investment as a combination of decline and volatility marked its performance.By mid-September 2024, insider activity revealed that the company’s leadership is, despite the woes, optimistic about the future of BABA stock.Specifically, Joseph Tsai, Alibaba’s Chairman and co-founder, has been steadily increasing his stake in the company and has acquired as many as 1.45 million shares – worth approximately $122 million – in recent weeks. JUST IN : ...

Elon Musk’s electric vehicle (EV) maker, Tesla Motors (NASDAQ: TSLA), has offered investors an emotional roller coaster ride throughout 2024. The stock started the year with a profound collapse, became the worst-performing S&P 500 security for a time, made a stellar recovery in the summer after several solid delivery and earnings reports were unveiled, and finally stabilized near $230 by mid-September.Additionally, the stock market situation in the early hours of September 16 does not appear much less volat ...