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 ...

The share price of electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) could be setting up to extend its recent rally, with technical indicators suggesting investors should anticipate a possible breakout.Notably, Tesla has capitalized on the near-term stock market momentum to establish its price above the $220 support zone. Over the past week, TSLA has gained over 5%, trading at $230 as of the latest market close.TSLA one-week stock price chart. Source: FinboldCentral to the upcoming rally is the equity ...

Although the stock market’s attention has been on giant artificial intelligence (AI) equities such as Nvidia (NASDAQ: NVDA), there exist other smaller players with potential for growth in the coming year.Although these smaller entities have also rallied from the AI boom, they can be considered undervalued. Therefore, they have the potential to attract investor interest and buying pressure. In this regard, Finbold has identified the following two AI stocks whose market capitalization will likely skyrocket to ...

Nvidia (NASDAQ: NVDA) CEO Jensen Huang is accelerating the sale of his shares in the company at a time when the stock has witnessed volatility in recent weeks. In the latest transaction, Huang sold $26.2 million of NVDA shares, bringing his total sales to over $104 million within 10 days, according to the Securities and Exchange Commission (SEC) filings.Notably, Huang sold 960,000 shares between September 3 and September 11, 2024, covering four transactions, with sale prices ranging from $104 to $114 per sh ...

Nvidia’s (NASDAQ: NVDA) current stock market dominance is due to the company’s ability to serve the booming artificial intelligence (AI) sector; however, a past failed acquisition is emerging as a likely missed opportunity.In this line, on September 13, 2020, Nvidia announced that it had reached a deal to acquire British-based semiconductor design company Arm Holdings in a transaction valued at $40 billion. However, the deal collapsed in February 2022 due to significant regulatory hurdles, forcing Arm Holdi ...

As Nvidia’s (NASDAQ: NVDA) stock price remains at the center of attention due to its ability to influence the broader technology sector, OpenAI’s latest artificial intelligence (AI) tool has shared insights on how the equity might trade at the end of 2024.The projected price outlook aligns with a period in which Nvidia is experiencing short-term bullish sentiment, mainly driven by the company’s acknowledgment of significant demand for its chips, as Finbold reported on September 12. By press time, the chipma ...