Amid the build-up to the United States’ 2024 presidential elections, investors are shifting their attention beyond the political rhetoric to focus on the performance of key economic sectors, particularly the stock market.Although the outcome of the polls and the overall impact on the stock market remain uncertain, several equities are in a prime position to benefit from the pre-election momentum and long-term policy shifts, irrespective of the eventual winner. Below are the stocks poised to soar amid the up ...

After three U.S. servicemen were killed in a drone strike, and more than 30 others were injured in Jordan, President Biden vowed to retaliate in a move that could put additional strain on already tense relations between the U.S. and Iran, albeit without direct evidence linking Iran to the incident presented at this juncture.Amid the ongoing Israel-Hamas war that is driving the price of commodities up, especially oil and gold, the additional conflicts in the region might present opportunities for some sector ...

With the entertainment behemoth Walt Disney Co. (NYSE: DIS) facing continuous challenges over 2023, including job cuts and the decline in the number of its subscribers that exerted downward pressure on its stock, another streaming giant could take its place as the global leader.As it happens, Disney stock has declined over 11% in the past year and as much as 43.3% over the past three years from the $168.17 where its price stood on January 29, 2021, according to the most recent stock price figures retrieved ...

The recent lackluster performance of Tesla (NASDAQ: TSLA) stock has been supported by its recent quarterly report, which showcased a decrease in revenue. A question has arisen among investors: Does Elon Musk believe in this company enough?Musk recently argued that he needed a larger share in the company to make Tesla a leader in the AI and EV industry, as the current division of influence doesn’t motivate him enough towards that goal, as he wrote in his X post on January 16.I should note that the Tesla boar ...

While the final quarter of 2023 was marked by optimism about what the start of 2024 could bring to both the stock and the crypto market, the first month of the new year has generally been a very mixed bag.Recent months have brought many dangers and uncertainties to the financial world, including the threat that the ongoing blockade of the Red Sea will have a major impact on supply chains, as well as increasingly frequent comments indicating that interest rate cuts might come in at a slower pace than was ori ...

The stock price of Broadcom (NASDAQ: AVGO), the semiconductor and infrastructure software giant, recorded significant gains in 2023, rising by 100%, and it remains at the center of attention as investors ponder if it can replicate this movement in 2024.As 2024 progresses, AVGO has faced short-term headwinds aligning with the general stock market, with the equity trading at $1,204.88 as of the last recorded price. Although the stock closed with a drop of about 2% on Friday, January 26, AVGO has recorded impr ...

With an already strong year behind it, Apple (NASDAQ: AAPL) shows no signs of slowing down, as it added over 4% to its value since 2024 commenced. And that might be just the tip of the iceberg, as analysts predict a 20% increase driven by innovations.Analysts from Bank of America raised the price target by $17 to $225 per share, citing increased estimates for iPhone and Services.The upgrade decision coincides with a shift in investor attention toward the anticipated debut of Vision Pro, which completely sol ...

The stock price of payment giant PayPal (NASDAQ: PYPL)  continues to face significant pressure, losing considerable value as the new management strives to revive the company’s fortunes. The sell-off has recently accelerated, with the stock recording a notable 4% plunge within 24 hours from the last recorded price of $60.71.PYPL seven-day stock price chart. Source: FinboldAmid the notable correction, attention has shifted to the trading activity of PYPL by United States Representative French Hill. Notably, H ...

Although many assets in the stock market have not had much success in the last year, for one reason or another, 2024 might be the time when the most capable of them turn the tables and reach coveted price targets that, for some of them, are currently standing at $100.With this in mind, Finbold has identified several such stocks that are showing the capacity and promise to overcome the challenges that exert bearish pressure on their price and reach such a goal this year – possibly hitting the $100 mark and e ...

United States House Representative Nancy Pelosi continues to reap significant gains from her investment in the stock of semiconductor giant NVIDIA Corp. (NASDAQ: NVDA) despite questions regarding potential conflicts of interest. The success of Pelosi’s investments is underscored by the fact that the lawmaker has generated substantial profits within two months, surpassing her annual salary.Specifically, the former House Speaker has realized over $700,000 in profit in two months by exercising call options on ...