Despite a slowdown in 2023 that saw hybrid cars rise to new heights of popularity and significantly reduced demand for pure electric vehicles (EVs), Elon Musk’s Tesla (NASDAQ: TSLA), unlike several of its competitors such as Lucid (NASDAQ: LCID) navigated the year with notable success.The most recent weeks, however, have been more challenging for the company with battery production issues, online ridicule of some of the odder maintenance requirements for the Cybertuck, and a massive, nearly pan-Scandinavian ...

In September 2023, Costco (NASDAQ: COST) started selling gold bars, which was a great hit, as over $100 million worth has been sold, according to reports.Amidst the global economic uncertainty witnessed in recent years and the increasing demand for precious metals as a commodity, Costco responded by introducing 1oz (28g) bars of 24-karat gold for sale exclusively on their online platform in September. Eligible Costco members were allowed to purchase up to two bars each.But there is a reason why this might b ...

The Chinese stock market has been on a decisive downward trajectory for more than a year, with the major indices for the Hong Kong, Shenzhen, and Shanghai exchanges dropping between 22% and 30% in the last 52 weeks.The market, however, made a sharp turn on Tuesday, January 24, as reports that the Chinese government is preparing a stabilization package worth more than $200 billion. The strongest reaction to the news came from the technology and e-commerce giant Alibaba (NYSE: BABA), which is not only notable ...

The Chinese stock market has been going through a prolonged period of decline that saw the CSI 300 index – the index of 300 blue-chip companies listed on the Shanghai and Shenzhen exchanges – and the HSI index – the benchmark index for the Hong Kong stock exchange – slump approximately 30% in the last 52 weeks.The downturn was severe enough that a Singaporean hedge fund pursuing a strategy of going long on Chinese stocks and shorting the Japanese market closed its doors on Tuesday, January 23.In response, t ...

With tensions around the world appearing higher than they’ve been in years and with multiple high-intensity conflicts raging, many have held onto the belief that the U.S. defense stocks – key cogs in the machine commonly known as the “military-industrial complex” – will easily reach new all-time highs.Indeed, in the final quarter of 2023, many elected officials – well-known as savvy investors due to either their uncanny abilities or access to insider information – have been heavily investing in these stocks ...

While it is no secret that many stock investors look up to Warren Buffet as one of the most experienced in the field, the Berkshire Hathaway (NYSE: BRK.A) CEO is on the road toward making a massive profit – counting almost $2 billion – based on returns from just three dividend stocks in 2024.Indeed, the combined dividend yields of these three super stocks to Buffett’s conglomerate will get close to $2 billion this year (about $1,978,000,000), thanks to belonging to strong brands and paying regular returns, ...

The year 2023 marked a resurgence for Intel (NASDAQ: INTC), as reflected in both its stock performance, witnessing a 60% increase, and real-world achievements. The company’s latest quarterly results affirm the sustained recovery in the PC market, indicating its alignment with the outlined targets in its roadmap.Furthermore, the company is strategically positioning itself to benefit from the widespread adoption of AI in personal computers through its enhanced server chips. In the long term, Intel’s stock is ...

Disney (NYSE: DIS) has been incurring losses in its streaming venture for nearly a decade, rendering its stock relatively stagnant. Over the last year, shares have declined by 9%, and the five-year trend shows a drop of 18%. The prospect of renewed investor confidence hinges on Disney’s commitment to achieving profitability in its streaming business by Q4 of fiscal 2024. Notably, the company reported a 7% year-over-year growth in revenue, with its “Experiences” segment leading the way with a robust 16% incr ...

Despite broad optimism near New Year’s Day signaling that investors believe 2024 will present a strong bull market, the general attitude has since become remarkably mixed.This uncertainty is well exemplified by the major banks’ expectations for the year, which range from very bullish to expectations of significant struggles and volatility.Additionally, while the crypto market has been suffering from a downturn in the last few weeks, the stock market remains strong, with the S&P 500 market index even reachin ...

The semiconductor giant Nvidia (NASDAQ: NVDA) is, without a doubt, one of the most recognizable names on the S&P 500 stock market index.This is hardly surprising given that the company has, for years, retained its dominance over the microchip market and has taken a leading position when it comes to providing hardware for the booming artificial intelligence (AI) sector.Additionally, the company’s stock has been on a relentless rise in recent months. In the last 52 weeks, it is 209.96% in the green, and in th ...