Semiconductor giant Nvidia (NASDAQ: NVDA) continues to dominate the market as it capitalizes on its presence in the artificial intelligence (AI) sector, experiencing a staggering surge of nearly 250% over the past year. However, despite its remarkable growth, the stock has recently exhibited a degree of volatility in line with broader market trends, which has hindered its progression toward the $1,000 milestone.Currently, Nvidia faces resistance at the $900 level, prompting investors to tread cautiously as ...

Despite pessimistic forecasts and bubble concerns, the stock market keeps its momentum, driven by artificial intelligence. Micron Technology (NASDAQ: MU) stock recently received a 57% increase in its price target, highlighting its latest success.Citibank has raised Micron’s price target to $150 from $95, indicating a potential upside of 60%. The adjustment comes ahead of Micron’s Q2 earnings report, scheduled for next Wednesday, March 20.“We expect the company to post upside to consensus and increased guida ...

While far from the worst-performing S&P 500 stock of 2024, Apple (NASDAQ: AAPL) has been faced with numerous challenges this year. The big tech firm has been slow to join the ongoing artificial intelligence (AI) boom, though AAPL is allegedly working on its own offering. The company has also given up on its multi-year electric vehicle (EV) project – possibly a prudent choice given the current state of the industry in the U.S.Additionally, while Apple did launch the Vision Pro VR/AR kit, the technology is ye ...

Apart from insider trading, lobbying by major firms in the US industry remains one of the most persistent issues in US politics. Companies lobby to influence politicians and legislation that could benefit their stocks.The latest quarterly results revealed that companies invested millions to sway US politicians toward more favorable positions. Quiver Quantitative compiled a list of the industry’s top spenders, and Finbold decided to find out how the top lobbying stock performed over the same period. Top lobb ...

Arguably the most important Apple (NASDAQ: AAPL) bull, the famous investor Warren Buffett, has always been a fascinating figure whose portfolio often gives invaluable insights into some of the safest and most promising stocks available on the market.Throughout his long career, The Oracle of Omaha has made billions in the stock market and famously and recently struck gold – with a return rate higher than 600% – by investing in AAPL in 2016.Still, recent years have brought significant changes to the dynamics ...

There’s been a noticeable increase in insider selling activity lately, with several CEOs offloading their company shares. This has raised concerns among traders about the future performance of these stocks. Facebook, now known as Meta (NASDAQ: META), is no exception to this trend.Mark Zuckerberg, the CEO of Meta, sold an additional $100 million worth of Meta stock yesterday following the passage of the bill to ban TikTok in the House. This brings his total META stock sales to $1,775,351,428.026.META stock s ...

The global pandemic has profoundly reshaped the retail stock market. Due to movement restrictions and safety measures, customers avoided going to stores and turned to e-commerce instead. Furthermore, shopping patterns also changed, and companies had to adapt or face downturns.Although the pandemic is gone, we still live in the post-pandemic era. Witnessing the benefits of e-commerce, consumers are reluctant to go back to old habits. This retail stock made use of these changed circumstances to beat the odds ...

Despite interest rates remaining high and inflation again inching higher, 2024 has reintroduced optimism into the stock market and the crypto market alike.Nowhere is this more evident than with the S&P 500 index, which has climbed above 5,000 and is running close to its records this year, and Bitcoin (BTC), which has set several consecutive new all-time highs prior to the latest price correction.Still, while 2024 has offered many winners, seldom does every stock on the market perform well simultaneously, an ...

Given the frightening accident – and even more frightening revelations that emerged from it  – accompanied by the still-fresh memories of an even worse disaster only years earlier, one would expect Boeing (NYSE: BA) to be the worst-performing major American stock of 2024.This, however, is not the case, and out of all S&P 500 companies, Elon Musk’s Tesla Motors (NASDAQ: TSLA) holds the dubious honor as it is, at press time, more than 30% in the red since January 1.To make matters worse, several analysts’ upd ...

Core Viewpoint - Boeing's stock has faced significant declines in 2024, primarily due to quality control issues and an emergency incident involving one of its aircraft, raising concerns about the company's operational reliability [2][3]. Group 1: Stock Performance - Jim Cramer recommended investing in Boeing on November 28, 2023, when shares were priced at $222.37, predicting a positive outlook for 2024 [1]. - Since Cramer's recommendation, Boeing's stock has fallen by approximately 18% to a current price of $182.35 [3]. - Traders who bought at Boeing's December peak of $264.27 are down 31% [3]. - Year-to-date, Boeing shares are down 27.57% [4]. - In the last 30 days, the stock has decreased by 10.34% and by 9.14% on a weekly basis [6]. Group 2: Quality Control Issues - An emergency landing of Alaska Airlines Flight 1282 in 2024, involving a Boeing 737 MAX 9, reignited concerns about Boeing's quality control, reminiscent of the 2019 Ethiopian Airlines crash [2]. - The 2019 crash, which resulted in 157 fatalities, was attributed to known issues that Boeing had been slow to address [2]. - Following the 2024 incident, several aircraft deliveries were postponed, numerous planes were grounded, and lawsuits were filed against Boeing [2]. Group 3: Market Position - Boeing is one of only two major aircraft manufacturers globally, alongside Airbus, making its operational issues particularly impactful on the industry [2].