Despite the staggering artificial intelligence (AI) boom that has permeated the stock market and multiple industries since at least the launch of ChatGPT in late 2022, employment in the technology sector has been far from stable. In fact, since the start of 2023, approximately 300,000 workers lost their jobs and Elon Musk’s beleaguered electric vehicle (EV) maker, Tesla Motors (NASDAQ: TSLA) is poised to add several tens of thousands more to the tally.Finally, in mid-April, another veritable giant appears b ...

Though the most prominent of Warren Buffett’s stocks – Apple (NASDAQ: AAPL) – has been doing poorly in 2024, the Oracle of Omaha’s portfolio still represents an exceptionally rich vein of mostly blue-chip stocks.One company that has emerged, time and time again, in 2024 as one of his strongest picks has been the oil and gas giant – Chevron (NYSE: CVX) – which, by April 18, apparently has a trifecta of powerful factors on its side.For starters, Chevron not only operates in a highly strategically important in ...

While Tesla’s (NASDAQ: TSLA) stock performance in 2024 may not have met expectations for investors, zooming out reveals a potential bright spot: a strategy that has delivered an impressive 117%% return over the last two years just presented an entry signal.This strategy involves initiating a short position when a one-day MACD cross indicates a downward movement and closing the position when a subsequent cross signals an upward trend.This method has produced significant results over the last two years. It bo ...

It would appear that the deeper the world gets into 2024, the more frequent the warnings about a coming economic crisis become. Indeed, from the January optimism marked by a conviction the FED will make substantial interest rate cuts this year and saw the start of a bull run that sent the S&P 500, Bitcoin (BTC), and gold to new all-time highs, the market has, seemingly, reached a turning point.In the last few months, multiple voices have joined in to forecast a recession – Jamie Dimon of JPMorgan (NYSE: JPM ...

The prominent real estate and commodities investor ‘Rich Dad’ Robert Kiyosaki is well-known for several reasons. For one, as his nickname might imply, he is the author of the best-selling personal finance book ‘Rich Dad Poor Dad’ – and a few dozen other works.Kiyosaki is also a well-known gold, silver, and Bitcoin (BTC) bull and a doomsayer for the U.S. and the global economy – though some might say he is more of a boy who cried wolf about the latter.After examining the potential upside to picking up Bitcoi ...

Bill Gates, a renowned billionaire, prioritizes dividend income in his investment strategy. Gates is projected to raise an impressive $463.2 million in dividends this year, reflecting his commitment to secure and consistent long-term income.In particular, Gates strategically invests in companies that offer robust dividend yields, indicating his trust in their stability and potential for growth. Recent disclosures from the Bill & Melinda Gates Foundation Trust’s 13F filing reveal five key stocks significantl ...

Tesla Inc (NASDAQ: TSLA) alongside Lucid Group, Inc. (NASDAQ: LCID) are at the forefront of the electric vehicle (EV) industry’s rapid expansion, driven by a global push towards clean energy and innovative technology. Notably, despite Tesla’s impressive performance in vehicle deliveries, CEO Elon Musk did not earn any compensation in 2023.In 2023, Tesla achieved a significant milestone by delivering at least 1.8 million vehicles, fulfilling its own ambitious target. The company reported 484,507 vehicles del ...

Investor sentiment has undergone a notable shift as uncertainty tightens its grip on the stock market, marking a departure from the prevailing optimism of recent months.The latest data from the CNN Fear & Greed Index indicate a significant surge in fear, suggesting potential turbulence ahead for investors.As of April 16, the index stood at 37.64. It’s worth noting that the last time the index reached such fear-inducing levels was back in November 2023, marking a notable deviation from the prevalent bullish ...

Advanced Micro Devices (NASDAQ: AMD), one of the leading chipmakers, has delivered a mixed year-to-date performance so far.After a strong start to 2024 fueled by excitement surrounding its advancements in artificial intelligence (AI) chip development, AMD stock has experienced a notable correction over the past month, with 15.53%.AMD 30-day price chart. Source: FinboldHowever, since January 1, AMD’s stock price has increased from $138.58 to its current price of $160.23 as of April 17, which represents a sur ...

Although it had performed well in 2015 and beyond, this stock crashed heavily in 2022 as the company reported slowing growth and quarter after quarter of financial losses. Overextension into emerging markets, high inflation, and crypto winter stomped its stock price into the ground. However, this dark horse has begun showing signs of recovery and is now racing to the top as its financial status gets better and better.Today’s surprise surge stock is Block, Inc. (NYSE: SQ) and this article will cover its ongo ...