As the stock market reaches record highs, with the S&P 500 and Nasdaq composite delivering solid performances in 2024, prominent investors and CEOs appear less optimistic about the future. The latest example is Jamie Dimon, CEO of JPMorgan (NYSE: JPM), who recently sold 821,778 shares of his company JPM, totaling over $150 million.JPMorgan CEO Jamie Dimon trading activity. Source: Wall Street Silver These trades wouldn’t stand out if it weren’t for their historical timing. Dimon had a habit of buying JPM st ...

Recent years have seen the technology sector lead the global stock markets, and 2023 and 2024 feature a major artificial intelligence (AI) boom, with nearly every company that recorded strong results and significant growth being involved with the trend in one way or another.Perhaps the most dramatic example from last year – and, to an extent, this year – was Nvidia (NASDAQ: NVDA), the blue-chip chipmaker that saw its stock surge more than 200% in 2023. This year, another AI-involved firm, Super Micro Comput ...

Leading finance indicators continue to reach record highs, suggesting a heated economy despite the macroeconomic challenges.In particular, the S&P 500 and the Dow Jones Industrial Average reached new all-time highs on February 23. The former reached a record $5,111.06 on the SP index and closed the week at $5,088.79. Meanwhile, Dow Jones made a new high at $39,284.87 and closed the week at $39,104.12.Interestingly, both indexes are trading with a strong momentum in the monthly Relative Strength Index (RSI). ...

Jamie Dimon, the long-serving CEO of JPMorgan Chase (NYSE: JPM), has offloaded a significant amount of his shares in the banking giant for the first time in history during his 18-year-old tenure. According to a filing with the US Securities and Exchange Commission (SEC) on February 22, Dimon offloaded approximately 822,000 shares, equivalent to approximately $150 million, in this historic sale. JUST IN : JP MORGAN CEO JAMIE DIMOM JUST SOLD $150 MILLION DOLLARS WORTH OF HIS JP MORGAN SHARES THIS IS THE FIRST ...

A dominant theme for the electric vehicle (EV) market in 2024 has been that, despite a notable slowdown in demand and stock market struggles, experts, analysts, and institutions remain very bullish when it comes to many prominent companies in the industry.Indeed, while the Lucid Group (NASDAQ: LCID) has spent much of the time since its initial public offering (IPO) failing to meet expectations and declining on the stock market, the average 12-month price target for its stock continues to forecast a 35% uptr ...

The momentum of the artificial intelligence (AI) trend remains robust, with no signs of slowing down, as evidenced by Nvidia’s (NASDAQ: NVDA) recent earnings report. While attention is focused on NVDA stock, Arm Holdings (NASDAQ: ARM) stock is quietly making substantial gains in the background.Since its initial listing on the Nasdaq stock exchange in September, ARM stock price has increased its value by more than 100%, showcasing robust financials and potential for further growth.ARM stock price since its I ...

It’s challenging to find a stock outperforming Nvidia (NASDAQ: NVDA) lately, especially following its Q4 earnings announcement on February 21.With heightened anticipation and lofty expectations for NVDA stock, the company delivered record-breaking revenue and results surpassing even the highest estimates.The company stands as a behemoth with a market capitalization of $1.7 trillion, showcasing remarkable performance with a 265% revenue growth and 765% growth in earnings per share (EPS). Notably, its guidanc ...

Apple (NASDAQ: AAPL) has been the single largest holding in the portfolio of perhaps the most famous investor of all time, the Oracle of Omaha, Warren Buffett, and his Berkshire Hathaway (NYSE: BRKA, BRKB). As of the latest filing, in fact, it accounts for as much as 50.19% of the portfolio, even after the sale of approximately $2 billion worth of AAPL shares. The investment has been famously lucrative for Buffett as Apple has been on a relentless rise for well over a decade – since 2007, for the most part, ...

Despite facing initial challenges with its newly announced advertisement plan, Netflix (NASDAQ: NFLX) successfully ended the fiscal year 2023 with robust financial reports and promising guidance for the upcoming quarter.Profitability was boosted by price increases and the implementation of a new ad plan, resulting in a 12% revenue growth for the company by the end of the year. Operating margin expansion was substantial, and a record-breaking Free Cash Flow (FCF) of $6.9 billion was achieved.At the close of ...

February 2024 saw a respite for the struggling electric vehicle (EV) market and a limited recovery, which was, surprisingly given its 2023 performance, spearheaded by Lucid Motors (NASDAQ: LCID), whose stock rose significantly in the wake of several positive developments and major partnerships.Despite the recovery, most EV stocks have again started struggling in the second half of the month and few so much as the Chinese vehicle maker, Nio Inc. (NYSE: NIO). Indeed, Nio could neither benefit from longer-term ...