While some lawmakers in the United States continue to try to put a stop to politicians using the information attained through their positions to gain unfair advantage in stock trades, others seem to continue stock trading unbothered, including Representative Earl Leroy ‘Buddy’ Carter.Specifically, Carter has recently reported a massive sale of stocks of Ameris Bancorp (NYSE: ABCB), a bank holding company from Atlanta, Georgia, in a sale worth about $1 million, according to the data shared by the stock trade ...

Tesla’s (NASDAQ: TSLA) stock is a member of “Magnificient Seven,” which has experienced the least insider selling activity compared to the other six companies on this list.Tesla’s chairwoman on the board of directors, Robyn Denholm, made the most recent trade on July 25. She offloaded approximately 200,200 TSLA shares at an average price of $220.2 per share for a total profit of $14.6 million.Denholm Robyn’s insider sale activity of Tesla stock. Source: SEC Denholm also exercised Tesla stock optionsDenholm ...

There are many winners and losers among the 5,283 BlackRock holdings reported in the latest available 13-f filing. While most portfolios have some obvious strong performers and many hidden gems, the multi-trillion dollar asset manager may indeed have all of its strongest picks out in plain view.Indeed, given the rate at which large-cap stocks have been outperforming their smaller counterparts in 2024, some of BlackRock’s biggest holdings may simultaneously be among the company’s best performers.After examin ...

Tesla's Humanoid Robot Announcement - Tesla plans to start low production of the 'Optimus' humanoid robot for internal use in 2025, with high production for external companies potentially starting in 2026 [1] - Elon Musk aims to position Tesla more as a robotics and AI company rather than just a car manufacturer [1] Potential Market Impact - The release of the humanoid robot could solidify Tesla's position among big tech firms and differentiate it from traditional automotive competitors [2] - ChatGPT-4o predicts a Tesla stock price target of $300 per share if the robot is successfully released in 2025, reflecting investor enthusiasm and potential new revenue streams [3][4] Challenges and Likelihood of Release - Historical production issues and delays in self-driving technology suggest only a 30% chance of the robot being released by 2025 [3][4] - Technological complexity and regulatory hurdles further reduce the likelihood of full commercial availability by 2025 [4] Revised Stock Price Target Without Robot Release - If the robot is not released in 2025, ChatGPT-4o sets a revised Tesla stock price target of $250 per share [5][6] - This target is based on Tesla's strong position in the EV market, ongoing innovation, and positive long-term investor sentiment [6] Core Business Strengths - Tesla's core business resilience in the EV market and growth in energy products provide a solid foundation for its valuation [6] - Continued advancements and new product introductions in Tesla's core business are expected to drive future value [6]

The stock price of semiconductor giant Nvidia (NASDAQ: NVDA) is looking to breach the $115 resistance mark after consolidating below it for several days.Overall, the stock has made short-term gains, attempting a recovery after experiencing a downturn influenced by sector-wide challenges and geopolitical concerns. As of the close of markets on July 26, NVDA was valued at $113 with 24-hour gains of approximately 0.7%. On the weekly timeframe, the stock is down over 6%. Despite recent fluctuations, NVDA shares ...

Core Viewpoint - Nvidia's stock has experienced a significant downturn recently, with an 8.97% decline in the last five trading days, following an 800% increase since the AI boom began in late 2022, resulting in a current stock price of $113.74 [1][3]. Group 1: Stock Performance - Nvidia's stock has been trading within a wide range of $106.30 to $136.15 over the past month, currently near the lower end of this range [2]. - A market expert warns of a potential further decline of 16.9%, which could bring the stock price down to $94.53, erasing gains made since early May [3]. - The current stock volume dynamics indicate high selling pressure and low buying volume, suggesting that a collapse may have already begun [3]. Group 2: Factors Behind the Downturn - Concerns about possible further sanctions against China, a key buyer of advanced chips, have been linked to Nvidia's stock market troubles [4]. - The semiconductor and broader technology sectors have faced a sharp downturn in July, with Nvidia's new microchip model failing to halt the decline [4]. - Significant insider selling, including the CEO's sales worth over $250 million in July, has exacerbated the situation [4]. Group 3: Market Dynamics and Valuation Concerns - There are fears that the AI boom has created a bubble that could lead to a potential 98% crash in Nvidia's stock [5]. - Nvidia's price-to-earnings (P/E) ratio stands at 66.16, indicating a fragile and unsustainable market valuation [5]. - Despite warnings, some analysts believe Nvidia's stock may be undergoing a correction rather than a crash, citing confidence in the AI boom's longevity [5].

Apple (NASDAQ: AAPL) may be set to erase much of its stock market gains accrued since its May earnings report and July 10 partnership with OpenAI, as the company is reportedly postponing the release of ‘Apple Intelligence’ from September to October, according to reports from July 28.Additionally, though the delay is justified by the need to refine further and improve the artificial intelligence (AI) features, users may find themselves somewhat underwhelmed even when the integration is finally complete, as t ...

2024 has been marked by an impressive market rally that has seen most of the major indexes reach new all-time highs multiple times, meaning that U.S. stocks have been on a months-long bull run that has only recently shown signs of diminishing.Insiders from the largest publicly traded U.S. companies have used this period to offload their stock holdings and take profits to a level not seen in over a decade, according to research by Nejat Jon Seyhun from InsiderSentiment.com.Only about 15% of publicly traded f ...

The excitement surrounding artificial intelligence (AI) has been a major driver of the stock market rally this year, with the market value of generative AI estimated to be around $1 trillion. AI’s potential to enhance productivity and transform industries such as marketing, healthcare, and manufacturing has fueled a surge in demand for leading tech companies. This surge has significantly boosted the stock prices of firms specializing in semiconductors and servers.In this context, Finbold analyzed the ongoin ...

Meta Platforms (NASDAQ: META) is scheduled to release its Q2 2024 earnings results on July 31, coinciding with the stock’s high year-to-date performance.Although the stock has experienced volatility in recent days, it is still trading in the green YTD with gains of over 34%. Notably, the volatility is highlighted on the weekly chart, where the stock is down over 4% after being impacted by the slowdown affecting the general tech space. As of the close of markets on July 26, META was trading at $465.META YTD ...