The modern stock market is filled to the brim with near-legendary names of titanic companies that – especially in the technology sector – practically dominate our world. The existence of this gathering of titans is hardly surprising, given that these firms both directly provide many of the necessities of XXI-century life – our means of communicating, access to commodities from across the globe, cutting-edge tools that will hopefully make our lives easier, and veritable torrents of entertainment – but have a ...

Renowned investment expert Michael Burry, known for his accurate predictions during the 2008 recession, is encountering challenges in his latest bearish endeavor targeting the semiconductor sector.In November, eyebrows were raised when it was revealed that Burry closed his bearish position on the broader US stock market at a loss, redirecting his pessimistic outlook toward SOXX, a major semiconductor exchange-traded fund (ETF). Recent reports of gains highlight Burry’s increasing difficulties, with his bet ...

The semiconductor giant Nvidia (NASDAQ: NVDA) is one the biggest companies that have, in recent months, been consistently impressing on all fronts. On the business side, the company has been doing very well and continues to manufacture some of the most technologically advanced chips – including new high-end models intended for use in the artificial intelligence (AI) sector.The firm’s stock market performance in the last 52 weeks has also been staggering, and its shares rose more than 214.18% in the timefram ...

Since the start of 2024, Alphabet’s (NASDAQ: GOOGL) stock has distinguished itself among the select few to defy the general market short-term sell-off, recording minimal gains.Although 2024 is still in its infancy stage, Alphabet remains a focal point among technology stocks as the company endeavors to align its operations with the evolving technology landscape. The emphasis is on emerging and growing segments, including artificial intelligence (AI) and cloud computing.Notably, the stock has garnered positi ...

Although the majority of focus already this year has been on Nvidia (NASDAQ: NVDA) as it continues to climb from last year, its competitor Advanced Micro Devices (NASDAQ: AMD) also had a robust performance in 2023, adding over 100% to its value and looks set to continue its growth in 2024.AMD recently doubled its focus on artificial intelligence (AI), producing chips specialized in training AI and delivering better memory capacity and performance than its predecessors.The recent start of the year has showca ...

With a strong 2023 that has seen some strong performers and S&P 500 companies that managed to increase their market capitalization, it is no wonder why investors are already keen to see which could replicate this performance in 2024.With the expectations of reduced inflation and multiple rate cuts by the FED this year, the stock market seems eager to perform strongly in the next 12 months.With this in mind, Finbold has gathered technical and fundamental analysis data and analyst predictions and considered t ...

Recently, publicly traded cryptocurrency-related companies have taken center stage in the financial world, particularly after the approval of the Bitcoin spot exchange-traded fund (ETF). Traditionally, the performance of these companies in the stock market has exhibited a significant correlation with the overall trajectory of the cryptocurrency sector.The spotlight remains on the performance of these companies, especially as the cryptocurrency industry has several possible bullish catalysts lined up for 202 ...

The last decade saw a trend for destigmatization of the use of psychoactive substances accompanied by a wave of legislation either legalizing or decriminalizing mostly marijuana-based products – both for medical and recreational use.These developments brought the creation of numerous firms focusing on cannabis products, and many of them have become popular publicly traded companies and exciting investment opportunities.Now, a new Food and Drug Administration (FDA) report stating that Marijuana is eligible f ...

Despite the slowdown of the 2023 electric vehicle (EV) market, Tesla (NASDAQ: TSLA), led by Elon Musk, exhibited resilience in its growth. The company adjusted pricing strategies in response to diminished demand, distinguishing its success.Over the year, Tesla achieved a new milestone in vehicle deliveries. Despite encountering some obstacles, the company successfully unveiled its highly anticipated Cybertruck, which led to its stock rising by more than 60% in the last year.However, the start of 2024 brough ...

Last year, and its final quarter in particular, saw remarkable growth both on the stock market and with numerous cryptocurrencies. The growth was largely driven by renewed optimism stemming from numerous positive developments, which include a pause in interest rate hikes, cooling inflation, overall strength in the technology sector – particularly when it comes to artificial intelligence (AI) companies and related services – and many others.The S&P 500 index  – the index of the 500 largest stocks in the U.S. ...