The Super Micro Computer (NASDAQ: SMCI) stock is a noteworthy performer in 2024, primarily propelled by its capitalization on the artificial intelligence (AI) revolution alongside robust financial performance. The growth can partly be tied to the company’s ability to specialize in advanced servers and storage equipment tailored for handling the rigorous workloads of AI applications like OpenAI’s ChatGPT.In 2024 alone, the stock has more than doubled, reaching new all-time highs, with investors contemplating ...

After electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) started to deliver its Cybertruck in late November last year, the long-awaited product has failed to live up to the hyped-up expectations, and the price of Tesla stock has dropped by more than 20% since.As it happens, Tesla CEO Elon Musk debuted the company’s first electric pickup truck back in 2019, and it took four full years for the futuristic-looking vehicle to finally reach customers on November 30, 2023. However, the Cybertruck has not succ ...

On Friday, the S&P 500 achieved a new record high, buoyed by technology companies such as Meta (NASDAQ: META), whose quarterly results surpassed expectations.February 8 was characterized by market volatility, as the S&P 500 index briefly reached a significant milestone of 5000 points, prompting investor reactions to a mix of earnings reports, a stable jobs report, and indications from policymakers regarding potential interest rate adjustments.Beneath the surface, small-cap indexes exhibited more robust perf ...

The last sixty-odd weeks have been tough for the electric vehicle (EV) industry and a slowdown in demand – and pivot hybrid models – forced manufacturers to lower prices and saw their shares decline significantly in the stock market. Perhaps the most alarming developments stemming from the trend have been analyst predictions that Tesla (NASDAQ: TSLA) might find its stock crashing to about $23, the fact that Elon Musk’s company sold only one car in South Korea in January, and Lucid (NASDAQ: LCID) losing its ...

Although last year saw a receding performance for Disney (NYSE: DIS), the first months of 2024 have brought a strong performance and new collaborations that will potentially elevate this stock further.While suffering a decrease of -11.31% throughout 2023, this stock has already recuperated 9.29% of its value since the beginning of this one, presenting a question of whether to buy, sell, or hold.On February 8th, we delve into what the next 11 months may have in store for DIS, examining the potential for furt ...

During the last year, Nvidia (NASDAQ: NVDA) has recorded massive growth in the price of its stock, racing from a mere $200 to its current all-time high (ATH) of $700, and stock traders and investors are rightfully wondering if and when the semiconductor behemoth will hit the $1,000 mark.As it happens, the price of Nvidia shares surpassed the majestic mark for the first time on February 5, rallying amid Meta (NASDAQ: META) and Amazon (NASDAQ: AMZN) snatching up the company’s flagship H100 data center graphic ...

With the semiconductor industry taking markets up in the storm, it is easy to overlook players that are not Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD). However, their competitor, Intel (NASDAQ: INTC), isn’t far behind in company performance.Intel surpassed expectations in its latest earnings report, beating the EPS estimate of $0.27 with actual EPS of $0.54 and estimated revenue of $15.16 billion by $240 million. Yet its guidance fell significantly short of expectations. Investors reacte ...

Insider trading has been a significant problem in US politics, with various senators, representatives, and politicians seated in committees that grant them access to information that allows them to beat the market.In the midst of these, one trade raises suspicion, mainly because of the subsequent post from the same politician that may have grave and long-lasting consequences.Congresswoman Kathy Manning posted her reaction after the news of the killings of 3 US service members in Jordan, calling for holding ...

As 2024 is already well underway, and spring is arriving next month, the stock market is performing above expectations, and stock traders and investors are wondering which of these assets, in particular, present an optimal investment and a good opportunity to buy in the months to follow.Indeed, the broad-based S&P 500 index is inching closer to the 5,000 level, as quarterly results suggested that better times are coming. At the same time, the Nasdaq Composite has soared to 15,756.64, while the Dow Jones Ind ...

Michael Burry made a name for himself by making a bet of a lifetime after successfully foreseeing the 2008 financial crisis and became a household name after the release of ‘The Big Short’ film depicting the events.After successfully shorting the housing market a decade and a half ago, Burry has been an intermittently active investor, and to this day, his portfolio holds several well-performing gems with the potential to skyrocket even higher.One investment has, however, been mostly contentious – the Chines ...