The electric vehicle (EV) industry has been having a few bad quarters with none so prominent and few as hard-hit as Elon Musk’s Tesla (NASDAQ: TSLA).Indeed, Tesla has apparently been suffering setback after setback since the start of 2024 as its stock became the worst performer within the S&P 500 benchmark index, the company sold only one car in South Korea in January, and, finally, reported that the first quarter (Q1) of the year was its worst in terms of deliveries since Q3 2022.The sluggish business has ...

For the average citizen, inflation and the expanding money supply pose significant challenges. Seeking alternatives to safeguard against these threats, some have turned to stocks that have shown substantial growth, outpacing inflation by a considerable margin.Looking at the past 10 years, Nvidia (NASDAQ: NVDA) has shown a remarkable increase of over 20,000%..  Advanced Micro Devices (NASDAQ: AMD) stock has surged by more than 4,000%, while Microsoft (NASDAQ: MSFT) and Netflix (NASDAQ: NFLX) have both seen g ...

In the unforgiving realm of artificial intelligence, a single misstep can swiftly sideline your company or significantly hinder its chances of success. This is a lesson that Intel (NASDAQ: INTC) learned the hard way when it disclosed $7 billion in losses for its chip-making foundry in 2023.This loss comes on the heels of an even larger setback than the $5.2 billion in operating losses reported the previous year. The unit generated revenue of $18.9 billion for 2023, marking a sharp 31% decline from $27.49 bi ...

Tesla (NASDAQ: TSLA) has dominated the electric vehicle (EV) market, having essentially made it from scratch when few others believed such cars were commercially viable. Since 2020, the company has been turning a profit; year by year, it grew in prominence, sales, and customer base. That is, until 2023, when the stock price started plummeting.Truth be told, the entire electric car market has plunged, and EV companies apart from Tesla have also seen their stocks devalued. However, Tesla was hit particularly ...

Renowned investor ‘The Big Short,’ Michael Burry, celebrated for his lucrative investments during the 2008 recession where he accurately foresaw the housing market collapse, is poised to reap substantial gains from his confidence in Alibaba Group Holdings (NYSE: BABA) stock following recent developments.Specifically, Alibaba announced its repurchase of shares totaling $4.8 billion in the quarter ending March, marking its second-largest buyback ever and largest quarterly after bolstering its stock buyback pr ...

Starting in 2014, and even more notably in 2016 as Warren Buffett himself chipped in, Apple (NASDAQ: AAPL) became the benchmark company, and investors around the world were trying to find the ‘next Apple.’Things have changed since and while the Macintosh maker has fallen on tough times, Nvidia (NASDAQ: NVDA) emerged late in 2022 as the new gold standard for growth and performance. Indeed, the semiconductor giant, riding high on the artificial intelligence (AI) boom has logged returns well above 200% in the ...

As one of the world’s leading companies, Microsoft (NASDAQ: MSFT) has not only revolutionized the tech landscape but has also become a powerhouse in the global economy. In this article, we delve into the intricate question of who owns Microsoft, uncovering the key players who hold stakes in this tech behemoth.About Microsoft Established in 1975 by Bill Gates and Paul Allen, Microsoft has evolved into a global technology powerhouse. Renowned for its diverse array of software offerings including Windows opera ...

Artificial intelligence (AI) has been the name of the game throughout 2023 and the boom persisted into the first quarter of 2024 with certain involved companies – Super Micro Computer (SMCI) – making stunning, 100%+ gains in mere months.With many of the obvious candidates for benefiting from the trend already recording incredible growth, and some even slowing down in the most recent time frames, the question of which are the best AI companies in the coming quarters to invest in.Fortunately, there is no shor ...

In recent months, there has been a notable uptick in insider trading among major stocks, with CEOs and significant shareholders seizing opportunities for profit-taking. Nvidia (NASDAQ: NVDA) has particularly stood out as a frequent choice for selling among its prominent shareholders.For instance, Mark Stevens, the second-largest Nvidia shareholder and a board member since 2008, recently offloaded 11,000 NVDA shares at an average price of $905 per share, totaling approximately $10 million. This trade puts hi ...

Joining the electric vehicle (EV) race has been a long-standing dream of Apple (NASDAQ: AAPL), but, unfortunately for Tim Cook and his firm, a dream the big tech blue chip had to abandon in 2024 amid its own troubles and the broader slowdown of the EV industry.Across the Pacific, another technology giant proved undeterred by the current conditions and recently entered the Chinese EV market by launching its very first electric car – Xiaomi’s (HKG: 1810) SU7.Reports indicate that the model has proven an effec ...