U.S. politicians are no strangers to stock market success, and few have failed to take advantage of the big tech sector boom that has been ongoing since the pandemic-induced lockdowns and reinvigorated by the artificial intelligence (AI) boom.The most famous of the congressional traders – and one who found immense success with a 2023 bet on the semiconductor giant Nvidia (NASDAQ: NVDA) – is without a doubt, Representative Nancy Pelosi.By late February 2024, another Congressman – Michael Guest, a Republican ...

Apple (NASDAQ: AAPL) has been one of the most successful companies in history, both in terms of capturing the imagination of its users and investors, and of simply growing its business.Indeed, the company is known for running advertisement campaigns aimed at selling the feel of Apple’s electronics – advanced, slick, futuristic, liberating, subversive, and revolutionary if we judge by a famous ad from 1984 – rather than any individual product.In more recent years, AAPL has triggered a different type of daydr ...

So far, 2024 has been nothing if not highly eventful for the electric vehicle (EV) industry andone of the most notable sufferers amidst what appears to be the bursting of the EV bubble – at least in the U.S. – is Elon Musk’s Tesla (NASDAQ: TSLA).Throughout 2023, Tesla seemingly held its ground in the stock market and even achieved record figures in terms of deliveries, but the start of 2024 marked a sharp turn with the shares dropping nearly 30% year-to-date (YTD) and demand falling sharply – as dramaticall ...

Walmart (NYSE: WMT) stock appears to be a reliable investment option, offering steady appreciation, accessibility, and dividend payouts that appeal to savvy investors.However, it’s worth noting that Samuel Robson Walton, former chairman and heir to the Walmart Fortune, has sold 10.9 million WMT shares over the last three weeks, totaling just under $1.7 billion. This move suggests he’s chosen to cash in on some of his holdings.Samuel Walton sales of WMT stock. Source: BarchartEven after selling at an average ...

Legal troubles, FAA probes, and reports of defective parts causing incidents on multiple flights are just a snapshot of the myriad issues Boeing (NYSE: BA) stock has grappled with in recent months. These challenges have resulted in successive financial blows for the company.It is no wonder BA shares have been down significantly since January 1. Already, 2024 is a year to forget for Boeing. As challenges pile up, its stock appears to spiral downward. Losses stretch back to the beginning of 2024, when BA shar ...

Boeing (NYSE: BA) shares appear stuck in a constant loop of problems, including legal issues, FAA investigations, and reports of faulty parts on numerous flights.What’s particularly noteworthy is that US Representative Mike Garcia seems to have been aware of these issues long before they became public knowledge.Garcia sold up to $50,000 worth of Boeing stock in September 2023. This occurred before the emergence of Boeing issues and just before the House Committee on Transportation & Infrastructure, of which ...

Michael Burry’s stock market activities have been a major point of interest for investors ever since he made it big with a well-placed bet ahead of the 2008 crisis, which has since solidified its place in history as “The Big Short.”More than a decade and a half later, Burry is still making intriguing choices with his portfolio The Q3 2023 $4 million Alibaba (NYSE: BABA) bet, for example, has taken much attention in recent months, mostly due to the Chinese company’s seemingly endless decline following the pu ...

Bitcoin (BTC) and NVIDIA Corp (NASDAQ: NVDA) have led the cryptocurrency and stock markets in 2024 with astonishing performances. However, investors may wonder which has made the better investment year-to-date (YTD).Interestingly, these two assets’ remarkable performances are not isolated. Cryptocurrencies, commodities, and stocks reached new highs in 2024, pointing toward a more optimistic economy.On that note, Finbold previously reported what Gold, BTC, and the S&P 500 price action have in common. In part ...

As Nvidia (NASDAQ: NVDA) stock dipped below the $900 mark, insider trading activity appears to have slowed, sparking speculation about a potential NVDA stock split or further share price declines.Reviewing insider trading data, particularly purchases, reveals no activity over the past year, as noted in a recent post by Barchart on March 12.NVDA shares insider trading activity over the past year. Source: BarchartRecent activities primarily showcase the selling of NVDA stock, notably with a significant portio ...

In a disappointing beginning to the year, Tesla’s (NASDAQ: TSLA) stock has seen a decline of -28.44% in value since January 1, with the potential for more losses appearing increasingly probable.These losses have resulted in Tesla shedding over $200 billion in market capitalization during the same timeframe, bringing its current value down to $566 billion. Consequently, Tesla has dropped out of the top 10 companies by market capitalization, now holding the 14th position.Companies by market cap. Source: compa ...