Nvidia (NASDAQ: NVDA), the semiconductor giant, might be on the brink of a significant downturn, according to a recent technical analysis.As a recap, NVDA has been the darling of the stock market, leading technology equities that have rallied significantly due to their bet on artificial intelligence (AI). Nvidia’s gains have been enhanced by the company’s recent 10-for-1 stock split, which made shares more accessible to investors.As of press time, the stock was trading at $129, boasting an impressive year-t ...

Core Insights - Nio Inc. has shown resilience in the electric vehicle market, achieving significant delivery growth despite facing challenges [1] - The company reported a record delivery of 21,209 vehicles in June, marking a 98.1% year-over-year increase, with cumulative deliveries reaching 537,020 as of June 30 [1] - Nio's vehicle margins have decreased from 20.2% in 2021 to 9.5% in 2023, highlighting ongoing profitability challenges [1] Delivery Growth and Financial Projections - Nio's delivery growth has slowed from triple-digit increases in previous years to 31% in 2023, reflecting broader market challenges [2] - Revenue is projected to rise by 23% to 68.6 billion yuan ($9.4 billion) in 2023, driven by high-end vehicles and expanded battery-swapping [2] - Net losses are expected to narrow from 21.1 billion yuan to 17.5 billion yuan ($2.4 billion) due to network expansion efforts [2] European Market Expansion and Tariff Challenges - Nio has expanded its presence in Europe, introducing six vehicle models and establishing battery-swap stations [3] - New tariffs on Chinese EVs in Europe, ranging from 17.4% to 37.6%, pose a challenge to Nio's pricing strategy and profitability [3] - The company plans to maintain current prices in Europe but may need to adjust them in response to tariffs [3] Stock Price Projections - Analysts project a stock price target of approximately $8 for Nio by 2025, assuming moderate recovery and growth [4] - The average price target from 12 Wall Street analysts for the next 12 months is $6.19, with a high of $10.00 and a low of $4.00 [4] - The projected price target reflects a cautious outlook based on current performance and market conditions, indicating potential value for investors [4]

The stock price of Meta Platforms (NASDAQ: META) has recorded several sessions of negative trading, partly deviating from other technology giants.By the close of markets on July 12, META stock had lost the $500 support, trading at $498, reflecting a 24-hour loss of over 2%. On the weekly timeframe, the stock is down over 8%, raising questions about whether the equity can make a turnaround.META one-week stock price chart. Source: GoogleAlthough the stock has been impacted by a general sell-off in mega-cap te ...

Group 1: Investment Opportunities - Low-priced stocks under $10 present a compelling opportunity for traders and investors aiming to maximize returns with modest outlay [1] - Investors can identify stocks with substantial growth potential through meticulous market analysis, which can diversify portfolios with high-potential, low-cost assets [2] Group 2: SoundHound AI (SOUN) - SoundHound AI's stock has a price-to-sales (P/S) ratio of 40.21, indicating market expectations for significant future growth [4] - Analysts have set an average price target of $7.50 for SOUN, representing a 20.97% increase from its last trading price of $6.20, giving it a 'strong buy' rating [4][10] - The company raised its low-end revenue guidance for the full year to $77 million from $65 million, reflecting positive growth expectations [11] - SoundHound AI has a market capitalization of $2.04 billion and reported revenue of $50.76 million over the last twelve months, with a gross profit of $15.26 million [11] Group 3: Grab Holdings (GRAB) - Grab Holdings operates in the ride-hailing and third-party delivery market, a global growth industry [5] - In the first quarter, Grab's revenue increased by 24% year-over-year, with adjusted EBITDA reaching a record $62 million [6] - Grab's on-demand gross merchandise value (GMV) surged 21% on a constant currency basis, indicating strong transaction growth [13] - The company has revised its profit outlook for the full year, now forecasting EBITDA between $250 million and $270 million, up from $180 million to $200 million [13] - Grab has a market capitalization of $14.18 billion and reported revenue of $1.43 billion over the last twelve months, with a gross profit of $988 million [13] - Analysts have set an average price target of $4.66 for GRAB, representing a 29.09% increase from its last trading price of $3.61, also giving it a 'strong buy' rating [16][17]

The online video streaming giant Netflix (NASDAQ: NFLX) boasts over 269.6 million subscribers, a staggering 688% increase from the 34.2 million it had in Q1 of fiscal year 2013.This growth was reflected in the NFLX stock performance in 2024, which added 39.33% to its value and allowed it to reach a valuation of $654.50.NFLX stock YTD price chart. Source: FinboldWhat sets Netflix apart from its competitors is its ability to evolve in a maturing market. By cracking down on password sharing and introducing adv ...

The ongoing artificial intelligence (AI) rally in the stock market has made companies such as  Broadcom (NASDAQ: AVGO) real winners in terms of performance, guidance, and stock growth. Broadcom stock received a significant price-target hike on July 11 from Rosenblatt Securities analyst Hans Mosesmann, who foresees the chipmaker and infrastructure software provider benefiting greatly from the ongoing artificial intelligence trend.Mosesmann reiterated his buy rating on Broadcom stock and raised his 12-month p ...

Despite the post-debate chaos in the Democratic party, President Biden and former President Trump remain the most likely candidates in the upcoming elections, and their policies – and particularly the sharp differences between them – remain in sharp focus.Though Trump initially appeared as a better candidate for the American electric vehicle (EV) industry with his promises of protectionist tariffs, the situation changed both with the Republican’s pledges to the fossil fuel corporations and with Biden’s push ...

After an extensive rally that has seen Tesla (NASDAQ: TSLA) stock erase all the year-to-date losses and finally trade in the green in 2024, the unexpected and sudden hiccup in the Robotaxi unveiling event caused an 8.44% drop in a single trading session, with losses of 1.55% extending in the pre-market on July 12.TSLA stock 24-hour price chart. Source: FinboldThis meant that its competitors’ shares, such as Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT), have surged in response to the news, gaining 6.15% and 4.6 ...

Elon Musk’s electric vehicle (EV) maker, Tesla Motors (NASDAQ: TSLA) has arguably made the biggest comeback of 2024. After trading deeply in the red in the initial months of the year and even spending some time as the worst-performing stock in the S&P 500, it suddenly skyrocketed in value in late June.Indeed, the rally was significant enough that the stock, within less than two weeks, went from being approximately 25% down in the year-to-date (YTD) chart to being up 6.33%. In the last 30 days, the EV maker ...

The previous 30 days brought a favorable gain to Amazon’s (NASDAQ: AMZN) stock as it tested the long-awaited $200 threshold. Wall Street analysts are optimistic about this e-commerce giant’s expanding prospect and its involvement in the ongoing artificial intelligence (AI) revolution.Pre-market gains of 0.66% will help AMZN stock open the July 11 trading session positively at $199.88 after suffering a decline of 0.16% in the previous five days.AMZN stock 5-day price chart. Source: FinboldShort-term prospect ...