Advanced Micro Devices (NASDAQ: AMD), one of the leading chipmakers, has delivered a mixed year-to-date performance so far.After a strong start to 2024 fueled by excitement surrounding its advancements in artificial intelligence (AI) chip development, AMD stock has experienced a notable correction over the past month, with 15.53%.AMD 30-day price chart. Source: FinboldHowever, since January 1, AMD’s stock price has increased from $138.58 to its current price of $160.23 as of April 17, which represents a sur ...

Although it had performed well in 2015 and beyond, this stock crashed heavily in 2022 as the company reported slowing growth and quarter after quarter of financial losses. Overextension into emerging markets, high inflation, and crypto winter stomped its stock price into the ground. However, this dark horse has begun showing signs of recovery and is now racing to the top as its financial status gets better and better.Today’s surprise surge stock is Block, Inc. (NYSE: SQ) and this article will cover its ongo ...

Amid turbulent times on the global geopolitical scene that has seen escalating tensions in the Middle East, it should not come as a shock that war stocks are rising, including Lockheed Martin (NYSE: LMT), although experts are still cautiously optimistic regarding its price in the following 12 months.Indeed, the shares of Lockheed Martin, a defense and aerospace behemoth with government contracts, are recording growth, particularly in the last month, recovering from a sudden drop in late January this year af ...

Dividend investing can be a profitable strategy for traders, providing an extra source of income alongside potential stock gains. Amgen (NASDAQ: AMGN) has demonstrated strong performance, surpassing the average return of the S&P 500.Since initiating dividend payouts in 2011, AMGN shares have outperformed the S&P 500, with a return of 382.28% compared to the index’s 292.76%.Comparison of returns between AMGN stock and S&P 500. Source: Barchart Earnings ratio and dividend yield make a compelling case for AMGN ...

Tuesday witnessed further decline in Tesla’s (NASDAQ: TSLA) stock. The drop brought the company’s shares down by nearly 9% over the course of a week. There are many reasons for pessimism surrounding Elon Musk’s electric vehicle (EV) maker. Firstly, it was reported that Tesla wanted to lay off more than 10% of its employees on April 15. This news came shortly after two key executives, Drew Baglino and Rohan Patel, announced their departure from the company. These occurrences have rattled investor confidence ...

In many ways thanks to being an early backer of current-generation artificial intelligence (AI) technology with its extensive cooperation with OpenAI – the creators of ChatGPT – Microsoft (NASDAQ: MSFT) has enjoyed a significant and protracted rise in the stock market.Indeed, the stock has risen just under 220% in the 5 years since first backing the most famous AI company and even managed to overtake Apple (NASDAQ: AAPL) as the most valuable company in the world in January 2024, boasting – by mid-April – a ...

Although Apple (NASDAQ: AAPL) stock experienced a significant rally last week after the consumer electronics giant hinted at a possible shift in focus to incorporate the budding artificial intelligence (AI) technology in its devices, AAPL shares have almost entirely erased these gains.Specifically, AAPL stock price has fully retraced all the advances triggered by Apple’s announcement last week that it would overhaul its Mac computer line to feature AI technology, according to the observations shared by mark ...

The EV industry has been hit hard by various challenges, impacting production and demand and leading to bankruptcies and struggling companies. Tesla (NASDAQ: TSLA), as a major player in this industry, has also suffered significant setbacks.In 2024 alone, Tesla’s stock has declined by a troubling 36%, making it one of the worst-performing stocks in the S&P 500 and the ‘Magnificent Seven’ group.Despite the recent downturn, a particular technical indicator is showing promise. Historically, when Tesla’s weekly ...

The electric vehicle (EV) manufacturer XPeng (NYSE: XPEV), experienced a stock price decrease of more than 8% on Friday following a formal letter sent on April 11, from Senator Sherrod Brown to President Biden, urging the President to implement a permanent ban on the import of Chinese-made EVs into the United States.The Senator expressed serious concerns regarding the potential threats posed by Chinese EVs to both American jobs and national security. He argues that permitting these vehicles into the U.S. ma ...

McDonald’s (NYSE: MCD) has been a strange stock in recent months in terms of its performance. Perhaps the most glaring element contributing to the strangeness has been McDonald’s stockss apparent resistance to the global boycott initiated when the local franchise announced in October it would be delivering free meals to the IDF through the duration of the conflicts.In fact, despite the organization, early October proved to be the bottom of McDonald’s previous decline and MCD shares are up 5.69% in the six m ...