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ChatGPT predicts Tesla stock price after Robotaxi launch
Finbold· 2024-04-08 12:19
Elon Musk’s electric vehicle (EV) maker, Tesla (NASDAQ: TSLA) has been having a rough year so far as even substantial price cuts it implemented in various markets failed to alleviate it having the worst quarter since 2022 in terms of deliveries.This decline – and the crisis in the EV industry as a whole – has so far been well-reflected in the stock market as TSLA has proven to be the worst performer in the Nasdaq 100 in 2024 and is down more than 30% year-to-date (YTD).Finally, late on April 5, Elon Musk ga ...
Here's how long it's been since Elon Musk first said self-driving is imminent
Finbold· 2024-04-08 10:54
Recent weeks have seen significant turmoil for Elon Musk’s electric vehicle (EV) maker, Tesla (NASDAQ: TSLA).On the one hand, the company has been performing abysmally in the stock market, even becoming one of the biggest losers of the year so far among the major firms. On the other, there have been multiple rumors and efforts to bolster the firm including the promise of a free month-long self-driving demo for U.S. customers.Early in April, the buzz surrounding the company has reignited twice as, first, Reu ...
This Nvidia stock trading strategy has a 73% success rate
Finbold· 2024-04-05 14:40
As Nvidia (NASDAQ: NVDA) stock experienced a remarkable surge in the past year, with its value soaring over 220%, traders began devising strategies that have proven highly profitable simply by monitoring specific technical indicators.Namely, over the past two years, employing a strategy of purchasing when the stock price of NVDA reaches the lower Bollinger Band has proven to be highly effective. This approach has demonstrated a favorable outcome, with a win rate of 73% and an average return of 6.04% per pos ...
Short squeeze alert for next week: 2 stocks set to rocket
Finbold· 2024-04-05 13:27
While the stock market exhibits signs of slowing down, the artificial intelligence hype persists, presenting investment opportunities for traders. Among these opportunities are lesser-known names that offer significant value and potential.In this regard, Finbold conducted an analysis, considering fundamental indicators, as well as real-world events that could impact the stock market. From this analysis, two stocks were identified with the potential for substantial gains in the future.Marvell Technology (NAS ...
Is the stock market bull run now over?
Finbold· 2024-04-05 08:35
After an exceptionally bullish period for the stock market, during which many of its assets have reached their all-time highs (ATHs), it seems these times might be drawing to an end as the sentiment switches back from ‘greed’ to ‘neutral’ for the first time since November.Specifically, the emotion driving the stock market at the moment is pointing at a ‘neutral’ at 50, where it moved after a previous close in the ‘greed’ zone, and one month after leaving the ‘extreme greed’ area, according to the recent dat ...
Google reportedly in talks to acquire HubSpot; HUBS stock soars 8%
Finbold· 2024-04-04 14:17
Amidst ongoing strategic evaluations, Google parent company Alphabet, is engaged in discussions with advisors regarding a potential offer for HubSpot. If Alphabet decides to proceed with a formal offer, it would represent a significant event in the tech industry. Major technology companies rarely engage in such large-scale acquisitions, making this a potential development of considerable interest. $GOOGL $HUBS ALPHABET IN TALKS WITH ADVISERS ABOUT A POTENTIAL OFFER FOR HUBSPOT, SOURCES— *Walter Bloomberg (@ ...
Nancy Pelosi down big time on this massive stock purchase
Finbold· 2024-04-04 12:16
Thanks to a string of well-timed trades and general strong stock picks such as the Nvidia (NASDAQ: NVDA) options purchase, the former Speaker of the House, Nancy Pelosi has become one of the most prominent celebrity investors and made an estimated $1 million in the first trimester of 2024Still, as demonstrated by several of Warren Buffett’s red years in the last half a century, no investor is always a winner and one of Nancy Pelosi’s latest big trades is, so far, deep in the red.The strange timing of Nancy ...
Analyst who predicted dot-com bubble warns of AI crashing stock market
Finbold· 2024-04-04 11:18
Lately, criticism and warnings about the U.S. stock market – and arguably by extension, the world economy – have been coming in hot from all sides.While the major U.S. stock market indices such as the S&P 500 and the Dow Jones Industrial Average (DJIA) have been doing exceptionally well, a significant shadow has been growing due to multiple factors.For one, the movements of the indices have been strikingly similar to what was seen at the start of 1929 and the concentration of gains within the top five compa ...
This trader just placed a $20 million bet on NVDA stock
Finbold· 2024-04-04 11:03
The previous financial quarter report proved pivotal for Nvidia (NASDAQ: NVDA), with significant implications for the overall stock market sentiment, particularly within the AI industry.Fortunately, Nvidia lived up to expectations, surpassing projections with its performance.This success has spurred one trader to place a $21 million bet that Nvidia will once again outperform expectations when it reports its first-quarter financial results at the end of May. Option strategists at Susquehanna drew attention t ...
Monster insider trading alert for Apple stock
Finbold· 2024-04-04 09:47
Cases of insider trading have become common over the past month, with CEOs and top executives of the largest S&P 500 companies cashing in on their holdings, spurring worries about the future stock market performance.On this occasion, the CEO of Apple, Tim Cook, sold over 196,000 shares of Apple (NASDAQ: AAPL), at an average price of $169.31, for a profit of over $33 million.Tim Cook sale of AAPL stock. Source: Barchart Due to underwhelming stock performance, impending legal matters, and challenges in divers ...