In the first 10 days of 2024, the stock of the semiconductor giant Nvidia (NASDAQ: NVDA) has been shooting up. The price movements come after a year of strong performance – both on the business and the stock market side – and in the climate of continued industry dominance, including for the chips for the booming artificial intelligence (AI) sector.Since New Year’s Day, the shares of Nvidia are up 7.90% and stood at, at the market close on Tuesday, January 9, at $531.40, having risen 1.70% in a day. The comp ...

The 2023 slowdown in the electric vehicle (EV) market seemingly failed to halt the growth of Elon Musk’s Tesla (NASDAQ: TSLA). While the firm was forced to lower prices to offset low demand, its efforts, unlike those of its competitor Lucid (NASDAQ: LCID), were largely successful.Throughout the year, Tesla managed to set a new record when it comes to vehicle deliveries and, despite some hurdles, successfully launched its highly anticipated Cybertruck and is now eying a new factory in Gujarat, India.It also ...

In 1970, the American singer-songwriter Edwin Starr released a song titled “War,” in which he concluded that is, in fact, good for absolutely nothing. Despite this popular stance, the five decades since have seemingly proven that war is, in fact, quite good for several things, including the market performance of the so-called “war stocks.”Despite this perception and U.S. officials’ propensity for trading these shares – sometimes even making highly suspicious investments – war hasn’t been entirely profitable ...

Boeing (NYSE: BA) encountered a notable setback on January 8, with its shares plummeting to $229, marking the lowest point in over a month. This decline follows yet another issue surfacing concerning the beleaguered 737 Max model, raising concerns among investors regarding potential further business setbacks for the aerospace giant. Is this recent dip a temporary pullback for BA stock or an indicator of a more extensive bear market for the world’s second-largest jet manufacturer?What caused BA’s stock drop? ...

On December 21, 2023, Representative Nancy Pelosi made public her investment of between $1- $5 million in Nvidia (NASDAQ: NVDA) call options with a strike price of $120. At the time of the trade on November 22, the semiconductor giant’s stock was worth approximately $488.At the stock market’s close on Monday, January 9, 2024, Nvidia’s shares stood at their all-time-high (ATH) price of $522.53, meaning that the Congresswoman potentially made up to $1.8 million on her well-timed investment.It is important to ...

Having faced a decline amid economic challenges in 2020, Amazon’s (NASDAQ: AMZN) stock has grown strongly. An improving economic environment and the ongoing recovery in the technology sector drive this revival. In 2023, shares of the online retail pioneer surged by over 70%.Nonetheless, the notable performance of the stock in the previous year raises a fundamental investing inquiry: Given the substantial gains, is it now too late to invest in Amazon stock, hold if you have it, or sell?On January 9, we explo ...

Keeping an eye on insider trading activity in major corporations has become an indispensable task for analysts and investors. These transactions are not just financial maneuvers; they are important indicators of executives’ confidence or apprehensions about the company’s future. For that reason, unraveling these subtleties provides valuable information, allowing stock market participants to make more insightful trading decisions.Over the preceding three months, insider selling within S&P 500 companies has b ...

With the emergence of ChatGPT from OpenAI, the chatbot utilizing artificial intelligence (AI), the ability to analyze stock performance and potentially predict its movement, has proved helpful for investors.Finbold has consulted ChatGPT to find out the potential performance of Apple (NASDAQ: AAPL) stock after the announcement of Apple Vision Pro release in the U.S. starting February 2.The era of spatial computing has arrived! Apple Vision Pro is available in the US on February 2. pic.twitter.com/5BK1jyEnZN— ...

The semiconductor giant Nvidia (NASDAQ: NVDA) offered a very strong performance throughout 2023, with its stock rising more than 200% in the 52-week period. This success was largely driven by the artificial intelligence (AI) boom, as well as technological developments such as the unveiling of a new high-end chip – the H200.The company, however, was also faced with a potentially major setback in late October as the U.S. government announced a new round of export restrictions with said new rules jeopardized a ...

The US stock market has been in the red since the start of 2024 and Apple (NASDAQ: AAPL) should be among the first to blame.Notably, the tech giant is facing a challenging start to the year, with its shares down over 3% amid a downgrade from Barclays analysts. The downgrade, citing growth concerns, has shifted the stock’s rating to underweight, and the price target has been marginally reduced from $161 to $160. The move was mimicked by Piper Sandler analysts during the same week. $AAPL Apple downgraded twic ...