Microsoft’s (NASDAQ:MSFT) recent performance under the backdrop of Big Tech’s struggles to demonstrate AI profitability positions it in the market with solidity. Despite concerns over the broader tech sector’s capability to translate massive artificial intelligence (AI) investments into tangible returns, Microsoft has showcased progressiveness. This is particularly true with its Azure cloud platform.In its Q4 Fiscal 2024, Microsoft’s annual top-line exceeded $245 billion, marking a robust 15% year-over-year ...

For many investors, Apple (NASDAQ:AAPL) might have become the top name for WarrenBuffett stocks to sell. It’s been about a week since Berkshire Hathaway (NYSE:BRK.B) revealed that it sold approximately 390 million shares of Apple stock during the second quarter. That’s on top of the 115 million sold in the first quarter of 2024. That lowers Apple’s percentage of the Berkshire equity portfolio from over 40% to 28.3%. It also lowers Berkshire’s ownership stake to 2.3%.Interestingly, Berkshire’s cash received ...

The flying car industry is ready to transform personal and urban mobility. This forms the backdrop of my list of flying car stocks to buy, that I think could make your summer unforgettable.The technological advancements in electric vertical takeoff and landing aircraft (eVTOL) are opening new opportunities for efficient and convenient transportation. The industry strives to offer environmentally-friendly alternatives to conventional ground-based transportation. I think that we’ve only started to see the pot ...

Over the past three weeks, the AI bubble has deflated. Investors are demanding a higher return on AI spending, while others like Elliott Management have raised questions on valuations. However, in the recent selloff, some of the best AI stocks have been thrown out with the bath water.Going forward, AI stocks will face increased scrutiny. Investors want to see a return on investment and actual AI revenues. Only stocks with demonstrable and real-life AI use cases will get a lift.The three stocks discussed bel ...

Consumer confidence has remained range-bound over the past two years, with consumers continuing to worry over inflation and uncertainty about the future. Americans’ personal income increased by $237.6 billion in the second quarter. Thus, the American consumer now has slightly higher expectations for future income growth. Meanwhile, American consumers plan to be more cautious about spending over the next six months. The mixed bag of results suggests that certain stocks should benefit from the surprise readin ...

Los Angeles is known for many things, including heavy traffic. But one company is taking steps to address this long-standing problem with its flying car futuristic technology. Archer Aviation (NYSE:ACHR) has announced a plan to bring its air mobility network to Southern California. This will mean that electric vertical take-off and landing (eVTOL) air taxi rides will be available for LA-based customers within the next two years. This news hasn’t boosted ACHR stock yet but if Archer is able to safely set up ...

Group 1 - JPMorgan Chase has raised the U.S. recession probability to 35% for an economic downturn by the end of this year, up from 25% [1] - The increase in recession risk assessment is attributed to a sharper-than-expected weakening in labor demand and early signs of labor shedding [1] - JPMorgan maintains a 45% probability of a recession by the second half of 2025 and predicts the Federal Reserve will lower interest rates by 50 basis points in both September and November [1] Group 2 - Goldman Sachs has also revised its recession probability, now estimating a 25% chance of a recession in the next year, up from 15% [2] - Goldman Sachs believes the economy is "fine overall" and notes no major institutional imbalances, indicating the Federal Reserve has leeway to act quickly if necessary [2] - Both JPMorgan and Goldman Sachs highlight a reassessment of the interest rate outlook alongside their changes in recession risk [2] Group 3 - The change in recession probability follows a rise in unemployment to 4.3%, the highest rate since October 2021, which initially caused global markets to tumble [3] - Despite the initial market reaction, the S&P 500 experienced one of its best days of the year shortly after, following a strong weekly jobless claims report [3]

Shares of Block (NASDAQ:SQ) stock are rising 2% today following a notable insider buy.On Aug. 6, Sequoia Capital purchased 434,405 shares of SQ stock at average prices ranging between $56.85 and $57.82. While director Roelof Botha’s name is listed on the Form 4 disclosure, Sequoia made the purchase. The Form 4 is attributed to Botha because he is a partner at Sequoia and also a director at Block.This is the second time that Sequoia, through Botha, has disclosed purchasing SQ during the past year. Its previo ...

The United States has some tremendous industrial companies. However, a company’s stature doesn’t mean its stock cannot be cyclical. In fact, industrial stocks are known for their cyclicality as they possess interlinkages with the economic cycle. As such, timing industrial stocks is critical if you want your investment portfolio to outperform the market.Although yet to be consolidated, most believe the U.S. is heading for an interim economic decline. A better-than-expected July non-farm payrolls figure was r ...

In the world of semiconductor stocks, Taiwan Semiconductor (NYSE:TSM) remains a top stock investors continue to focus on. There are many reasons for the 64% move in TSM stock on a year-to-date basis. But it’s clear that overall chip demand has outpaced even the most bullish expectations heading into 2024.As a top chip manufacturer that makes wafers, semiconductors, and components and ultimately puts chips together for larger players, Taiwan Semi is often viewed as a bellwether for the overall space. Accordi ...