Since peaking near the end of the COVID-19 pandemic and briefly after its conclusion, the electric vehicles (EVs) market seemed to start cooling down. Many EV stocks are free-falling, with a prominent example being Tesla (NASDAQ: TSLA), which lost over 30% of its value since the start of the year. However, while the current prospects are grim, can EV stocks bounce back from recent lows in the future?Why are EV sales dropping?The start of 2024 was harsh for EV companies, with stock prices tanking and investo ...

As earnings season unfolds, we witness a spectrum of outcomes. This rollercoaster is particularly evident in the recent quarterly updates of several tech giants. Now, the question arises: which artificial intelligence (AI) stock presents the most promising investment opportunity following last week’s significant movements? Is it Alphabet (NASDAQ: GOOG), Meta Platforms (NASDAQ: META), or Microsoft (NASDAQ: MSFT).GOOG, MSFT, and META posted impressive financial reportsAlphabet’s Q1 revenue increased by 15% ye ...

Elon Musk’s surprise visit to China and meeting with the country’s Prime Minister during the final weekend of April has, by Monday, April 29, helped propel Tesla (NASDAQ: TSLA) stock significantly in the pre-market.The meeting also spawned reports of a tentative deal that would open the gates for Tesla’s self-driving – FSD – to enter China and helped propel another stock in the pre-market – that of the Chinese technology giant, Baidu (NASDAQ: BIDU).Indeed, Elon Musk’s electric vehicle (EV) maker will allege ...

After a broad bloodbath that came with April caused numerous experts, investors, and traders to speculate over how big the correction could be and even whether it would lead to a recession, the later parts of the month somewhat lessened the fears.JPMorgan (NYSE: JPM), in particular, came under criticism in some corners of the internet as it seemingly opted for a ‘right, no matter what’ approach, given it nearly simultaneously predicted that the correction is not yet over and that it has ended by late April. ...

Traders in the stock market have a wide array of options regarding strategy, including long and short holdings, as well as customized approaches like the 8/21 Exponential Moving Average (EMA) strategy on Nvidia (NASDAQ: NVDA) shares. For instance, over the past five years, employing this strategy with an entry on every bullish cross of the 8/21 EMA and an exit on the bearish cross would have resulted in an impressive 859% return, with a risk-to-reward ratio of 11.59 and a 14.06% return per position. NVDA 8/ ...

After facing numerous setbacks in the first quarter of 2024 – the staggering stock market decline and the abysmal delivery figures being the standout examples – Elon Musk’s electric vehicle (EV) maker, Tesla Motors (NASDAQ: TSLA), has seemingly taken a sharp turn toward recovery.Indeed, the days after the Q1 earnings report came out and demonstrated that, despite investors’ fears, the trimester featured more than just losses. Additionally, the report saw a positive reception thanks to a commitment to manufa ...

The world is growing more hostile by the day, with rises in violence and volatility from Ukraine and Gaza to Yemen and Sudan. As humanitarian crises and ticking nuclear threats brew, the surging conflicts leave investors worried about the fate of the stock market. So, what happens to the stock market if we go to war? Today’s article will cover the historical performance of the stock market during global conflict, as well as the potential influence on individual sectors of the market.The ongoing wars that co ...

Whether you’re a seasoned investor or just starting, it’s wise to take cues from established, successful traders like Warren Buffett, the Chairman of Berkshire Hathaway (NASDAQ: BRK.A). Right now, one of his top picks, Occidental Petroleum (NYSE: OXY) stock, has seen a favorable dip, offering traders an entry opportunity.OXY stock entry point opportunity. Source: TrendSpider With OXY shares experiencing a pullback to $65 from a closing of $67, an opportunity arises as there’s a support zone of $65.98. On th ...

The electric vehicle (EV) market is experiencing robust growth in 2024, leading the automotive industry with strong representatives in the United States and China. Hence, Finbold asked Elon Musk’s artificial intelligence (AI) model to build a stock portfolio for EV exposure in May.Notably, Global EV sales are set to reach around 17 million by the end of the year, with a 25% year-over-year growth in Q1. The market share of electric cars could reach up to 45% in China, 25% in Europe, and over 11% in the Unite ...

Over the past week, the stock market has demonstrated a notable rebound despite previous challenges, including geopolitical tensions in the Middle East. This resurgence has predominantly been fueled by the strength of technological and large-cap equities, supported by robust underlying fundamentals.With most stocks posting gains in the last seven days, the week ahead appears promising for investors. Recognizing this trend, Finbold has identified three stocks poised to enrich investors’ portfolios. Notably, ...