In recent months, a select group of companies collectively known as the ‘Magnificent Seven’ has wielded influence over the stock market. These companies have found themselves in the spotlight once again amidst a thriving stock market, marked by record highs in key indices such as the S&P 500 and Dow. Against this backdrop, the Magnificent Seven has experienced a noteworthy surge in their combined market capitalization, garnering increased favor among investors.According to data obtained by Finbold, the cumu ...

The stock value of computer software company Adobe  (NASDAQ: ADBE) is experiencing short-term price gains as it aims to enhance its product offerings by incorporating elements such as high-soaring artificial intelligence (AI) technology.In this line, Adobe’s stock has experienced a remarkable 70% surge over the past year, reaching $570.93 by press time. Despite this impressive performance, the current valuation reflects year-to-date losses of nearly 2%. Nevertheless, the stock has demonstrated resilience, p ...

The ongoing artificial intelligence (AI) boom has been one of the biggest driving factors for the growth of semiconductor and cloud computing stocks ever since late 2022. This fact is best exemplified by the staggering rise of the share price of Nvidia (NASDAQ: NVDA) – a rise that has, over the previous 52 weeks, amounted to 248.54%.Still, while NVDA has been the darling of many investors and analysts – so much so that CNBC’s Jim Cramer named his dog after the blue-chip chipmaker – another firm from the ind ...

Often characterized by market capitalizations ranging from $250 million to $2.5 billion, small-cap stocks represent the potential future giants of the corporate world. These companies, while smaller in size, carry immense growth prospects akin to the trajectory once charted by tech behemoths like Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and Amazon (NASDAQ: AMZN).However, not all small-caps evolve into industry titans; many falter along the way, leaving investors with little to gain. Identifying the d ...

Whether by an unusual concentration of stock trading talent or through the use of insider information – as some, including the ‘Wolf of Wall Street’ Jordan Belfort, have suggested – U.S. politicians are well-known for their highly lucrative and well-timed investments. While not the most successful trader in Congress, Nancy Pelosi is, arguably, the most infamous thanks to the timing of her many investments and to prominence arising from her time as the Speaker of the House.One of the most contentious trades ...

As artificial intelligence solidifies its position and significance in the world, Nvidia (NASDAQ: NVDA) emerges as a symbol of this success. NVDA stock witnessed an impressive 240% price surge in 2023 and has continued to grow by over 60% since the beginning of this year.Interestingly, Nvidia’s rival, Advanced Micro Devices (NASDAQ: AMD), might follow a similar trajectory this year, with the same pattern observed in AMD’s stock movement resembling the one exhibited by NVDA stock before its significant price ...

2024 has proven challenging for Apple’s (NASDAQ: AAPL) stock as the tech giant grapples with obstacles amid predictions of weakened demand for the company’s devices. For instance, anticipating a decline in iPhone demand, Barclays downgraded Apple’s stock to $160.In recent weeks Apple stock has sustained a continuous drop, failing to maintain the momentum from the late January rally that fell short of reaching the $200 mark.  AAPL share price has experienced a 2.27% decline in 2024, with the stock trading at ...

This week, reports emerged of US Representative Nancy Pelosi returning to stock trading following her successful options trade involving Nvidia (NASDAQ: NVDA) stock that earned her a hefty profit of more than $2 million. This time, the focus shifted to Palo Alto Networks (NASDAQ: PANW), drawing the interest of other US politicians as well.Namely, between 2020 and six months ago, only one member of Congress had purchased stock in Palo Alto Networks. However, in the past six months, the number has skyrocketed ...

As 2024 kicked off, the stock market surged beyond initial forecasts, suggesting that the conservative nature of the projected price target for the S&P 500 would likely require adjustment soon.The remarkable performance of the major players in the S&P 500, often referred to as the ‘magnificent seven,’ with the exception of Tesla (NASDAQ: TSLA), reported better-than-expected results since the turn of the year, led to the S&P 500 surpassing the historic 5,000 threshold on February 8 for the first time. The In ...

Elon Musk’s electric vehicle (EV) maker, Tesla Motors (NASDAQ: TSLA), has always been a contentious investment. On the one hand, TSLA is arguably the most recognizable name in the industry that is widely expected to become one of the biggest in the coming years and decades amidst the ongoing green transformationOn the other, many have been pointing out for years that Tesla is a car company and not a big tech firm and that it should be valued as one, with at least one analyst making a shockingly low 2025 Tes ...