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Sales skyrocket for Li Auto, Nio, XPeng – but are dark clouds on the horizon?
Finbold· 2024-04-01 16:47
China’s electric vehicle (EV) sector, as a whole, continues to experience growth, particularly when looking at year-on-year (YoY) delivery figures. With that in mind, Finbold is examining three promising Chinese EV stocks with potential moving forward, based on the latest delivery numbers.Leading manufacturers are reporting notable delivery figures, with Li Auto (NASDAQ: LI), Nio (NYSE: NIO), and XPeng (NYSE: XPEV) all seeing substantial increases in March 2024 compared to the previous month.  BYD emerged a ...
This is how much the ‘Inverse Cramer' is up in 2024
Finbold· 2024-04-01 14:05
The energetic host of ‘Mad Money’ and former hedge fund manager, Jim Cramer, has become something of a meme in recent years, particularly among the investors congregating on Elon Musk’s social media platform, X.The fact is hardly surprising given both Cramer’s prominent role and his willingness to opine on a wide variety of assets – as many critics and supporters have pointed out over the years, one is bound to make numerous mistakes if they express as many opinions as the host does.Cramer’s reputation also ...
Has this stock presented a perfect ‘buy the dip' opportunity?
Finbold· 2024-04-01 13:19
Investors often rue missing out on early gains from a stock, which can propel it out of their reach. However, ‘buy the dip’ opportunities often offer a second chance for traders. Currently, it appears that Lululemon (NASDAQ: LULU) stock is undergoing a retracement on the price chart. Following the recent dip in stock price following the last earnings update for 2023, it’s becoming increasingly difficult to overlook this company, regardless of whether investors align themselves with the growth or value persp ...
Here's how much Apple stock is up since Tim Cook took over
Finbold· 2024-04-01 09:16
For about a decade, Apple’s (NASDAQ: AAPL) stock has maintained the position of a benchmark savvy investment as it continuously provided strong results, stellar growth, and significant returns. AAPL has, in fact, been so good in the leadup to 2020 – and the first years of the current decade – that it has come to represent a full 50% of holdings within the portfolio of Warren Buffett, arguably the most successful investor in history.This year, however, has been different for the technology giant. Its stock h ...
This Warren Buffett stock just formed a golden cross
Finbold· 2024-04-01 08:51
Last month, the energy sector saw notable gains thanks to escalating geopolitical tensions in the Middle East and Russia. Among the beneficiaries is Occidental Petroleum (NYSE: OXY), a favorite stock of renowned investor Warren Buffett, which is poised for a significant increase in value as it nears a Golden Cross formation.Recent strong performance on price charts, coupled with Buffett’s renewed investments and further acquisitions, all point towards a promising outlook for OXY stock and its potential futu ...
Nvidia stock ends its longest-ever winning streak; Will NVDA fall below $900?
Finbold· 2024-03-29 10:32
Saying that Nvidia (NASDAQ: NVDA) was the stock market star of 2024 would be unfair largely due to the fact that the company’s shares have been doing exceedingly well – almost without pause – since late 2022.Nonetheless, NVDA shares have also managed to break records and have, since the New Year, managed to maintain their longest-ever winning streak totaling 11 weeks which saw it surge from $481.68 to as high as $962.The streak has, with the market’s closing on Thursday, March 29, come to an end with  Nvidi ...
Amazon just invested nearly $3 billion in this startup
Finbold· 2024-03-28 09:47
Artificial intelligence has prompted numerous industry leaders to reassess their priorities and shift their investments into this sector. Amazon (NASDAQ: AMZN) appears eager to establish a significant presence, evidenced by its decision to inject an additional $2.75 billion into an Antrophic startup, marking its largest investment in three decades.This move follows an initial investment of $1.25 billion announced in September, with Amazon originally committing to invest up to $4 billion. The recent news on ...
JPMorgan's dire warning: Stocks could crack at any moment
Finbold· 2024-03-28 09:22
Although the recent record-breaking rally of the S&P 500 has prompted multiple Wall Street strategists to raise their bets on its future performance, those at JPMorgan Chase (NYSE: JPM) stand firmly by their last year’s prognoses, even warning about the possibility of an even worse outcome.Indeed, as opposed to many of his peers, JPMorgan’s Dubravko Lakos-Bujas has shared a more depressing forecast, focusing on the risks “hovering in the background,” which outnumber the sources of upside and could strike at ...
Claude Opus AI Apple stock price prediction for 2024
Finbold· 2024-03-24 16:04
Technology giant Apple (NASDAQ: AAPL) has continued to record losses in 2024, trailing other magnificent seven stocks. The company is now back in the news once again, this time regarding legal issues surrounding allegations of antitrust violations, a factor that partly warrants close attention from investors in the company’s stock.On a year-to-date basis, AAPL is down almost 8%, with the equity trading at $172.28 by press time. Notably, the stock that once made Apple rank as the world’s most valuable compan ...
3 stocks to watch for this week
Finbold· 2024-03-24 11:52
Over the past week, the stock market recorded highs following the Federal Reserve’s indication that it will maintain its projection for three interest rate reductions this year, despite stubborn inflation readings.As we enter the new week, investors will be closely monitoring the market to gauge whether the recent gains will be sustainable. The market is likely to be influenced by various fundamentals such as the initial jobless claims report and revisions to the United States gross domestic product (GDP).B ...