Recent insider trading allegations involving United States politicians have focused on major stocks such as technology giants Nvidia (NASDAQ: NVDA) and Apple (NASDAQ: AAPL). However, smaller stocks are now drawing attention.The latest spotlight is on Representative Josh Gottheimer’s May stock purchase of Fair Isaac Corporation (NYSE: FICO), a credit-scoring service firm. According to data from Congress trading tracking platform Quiver Quantitative, shared in an X post on September 4, the stock has surged 53 ...

After being hit by the overall gloomy sentiment characterized by low demand in the electric vehicle (EV) sector, Tesla’s (NASDAQ: TSLA) stock is building positive momentum as investors anticipate new highs.The slowdown in demand for electric vehicles is evident in TSLA’s 2024 performance, with the stock plunging nearly 12% year-to-date. However, in the short term, Tesla has emerged as one of the winners despite prevailing concerns about the economic outlook due to fears of a possible recession amid anticipa ...

The United States stock market sell-off escalated following a subpoena issued by the Department of Justice (DoJ) to semiconductor giant Nvidia (NASDAQ: NVDA). Given Nvidia’s significance in the stock market, its legal woes will likely escalate losses for many equities.The DoJ issued the subpoena to investigate potential concerns related to Nvidia’s dominance in the artificial intelligence (AI) space.The government is searching for evidence that the technology giant violated U.S. antitrust laws. This develop ...

After September 3 saw Nvidia (NASDAQ: NVDA) stock erase $279 billion in a single trading session, with mounting problems such as a subpoena by the Department of Justice (DoJ), NVDA shares seem headed for more trouble.The latest trading session for NVDA stock saw it erase 9.53% of its value amid increased selling, which settled its price at $108 at the close, with losses of 1.68% extending in the pre-market on September 4, indicating that sell-off is set to continue.NVDA stock 5-day price chart. Source: Finb ...

Though Michael Burry is best known for taking skillful short positions – as exemplified by his role in the famous ‘Big Short’ during the Great Recession – his most-discussed current trade has been his investment in Alibaba (NYSE: BABA).The two biggest drivers of interest for the BABA stock bet have been the sheer size of the position – the Chinese e-commerce giant became the top contender for the spot of the biggest holding in the portfolio during the previous quarter – and the fact that it has been teeteri ...

In one of the most significant declines in the stock market since August 5, the September 3 trading session saw it erase over $1 trillion in value in a single trading session, with the semiconductor sector, which is vital for artificial intelligence (AI) rally being one of the worst hit.Consequently, the VanEck Semiconductor ETF (NASDAQ: SMH), which encapsulates notable microchip makers such as Nvidia (NASDAQ: NVDA), Taiwan Semiconductor (NYSE: TSM), Broadcom (NASDAQ: AVGO), and Advanced Micro Devices (NASD ...

As troubles for Nvidia (NASDAQ: NVDA) continue, exacerbated by the recent United States Department of Justice subpoena as part of its investigation into alleged antitrust practices, a renowned trading expert has recently said he would not be buying Nvidia stock as he views it as a “debt-driven bubble.”Specifically, expert markets trader Michaël van de Poppe warned that the semiconductor giant was “literally the example of this debt-driven bubble with speculators assuming that NVDA should moon even more, wat ...

Group 1: Inflation Context - Inflation in the United States remains high, above the Federal Reserve's target of below 2%, despite signs of cooling [1] - Investors are seeking assets that can provide protection against inflation [1] Group 2: W.P. Carey (NYSE: WPC) - W.P. Carey is a real estate investment trust (REIT) with a diversified portfolio, including industrial, office, retail, and warehouse properties [2] - Many of its leases are linked to inflation, ensuring a sustainable revenue stream [2] - The company reported a revenue decline to $389.7 million for Q2 2024, down 13.9% from $452.6 million in Q2 2023 [3] - The stock gained almost 8% over the past month but is down over 8% year-to-date, trading at $60 [3] Group 3: American Water Works (NYSE: AWK) - American Water Works is considered an inflation-proof stock due to its focus on water utilities, which have consistent demand and minimal competition [5] - The company’s Q2 2024 revenues grew 4.7% year-over-year to $1.15 billion [6] - AWK was trading at $143, reflecting year-to-date gains of over 7% [6] Group 4: Kroger (NYSE: KR) - Kroger has strong pricing power and inelastic demand for groceries, allowing it to pass costs onto consumers during inflation [8] - The stock is viewed as undervalued due to perceptions of the grocery retail industry as low-margin and highly competitive [8] - Kroger's stock is trading at $53, having gained nearly 2% in the past week and over 16% year-to-date [8]

The first quarter of 2024 was filled with stories of major stock market winners – Nvidia (NASDAQ: NVDA), Supermicro (NASDAQ: SMCI), and MicroStrategy (NASDAQ: MSTR) perhaps being the biggest – and some shocking losers, including Tesla Motors (NASDAQ: TSLA), which was, for a time, the worst-performing company in the S&P 500 index.By September, the situation had changed dramatically. Despite the semiconductor industry’s generally strong performance, Intel (NASDAQ: INTC) entered a period of sharp decline, beco ...

As the United States Department of Justice served Nvidia (NASDAQ: NVDA) with a subpoena as part of its probe into the semiconductor manufacturer’s alleged antitrust practices that make it difficult for buyers to switch to other suppliers, it had an expected impact on NVDA stocks.Indeed, after delivering questionnaires to other technology companies, the DoJ has moved to the next step and started to issue legally binding requests for information that force recipients to respond, according to the people famili ...