Tesla’s (NASDAQ:TSLA) stock has been on a rollercoaster ride over the past few months. Since April, it has nearly doubled in price to $270 per share but could not hold, reversing to under $200 per share. This price turned it into one of Tesla’s resistance levels that investors considering long positions want to watch.The electric vehicle giant’s price action resulted in a Golden Cross between its 50-day and 200-day moving averages (MAs). Understanding what might be next becomes crucial as the 200-day MA has ...

Best streaming stocks will continue to attract attention for several years, considering the secular growth in the streaming business. This is also thanks to cord-cutting and a decline in appointment viewing.Additionally, streaming services were popular throughout the epidemic. American streaming subscriptions and time spent grew 75% in 2020. Premium streaming services enrolled 76% of Americans in 2020, up from 55% in 2018. User subscriptions rose from three to five. So, filmgoing is evolving, with industry ...

Advanced Micro Devices (NASDAQ:AMD) recently reported strong second quarter (Q2) results with $5.8 billion in revenue and 69 cents in EPS, marking a 9% top-line increase and a turnaround to operating profit. Despite a 25% drop in stock price over six months, AMD’s record 115% data center revenue growth and overall progress suggest it remains a solid artificial intelligence (AI) investment opportunity.AMD plans to release new AI chips annually, starting with the MI325X in Q4 and the MI400 by 2026. Despite su ...

While streaming remains the future of the entertainment industry, it has become difficult to make a go of the business. The hype that surrounded streaming during the pandemic when everyone was locked down at home has subsided. In its place has come a sea of red ink for most streaming companies as market saturation and overspending on content development set in.Consequently, the stocks of most streaming companies have fallen sharply since peaking in late 2021 just as Covid-19 vaccines became widely available ...

This year’s tech stock surge mirrors the dot-com bubble of the late 1990s, marked by rapid price increases and inflated valuations. Today, AI is driving similar excitement, revolutionizing industries from cloud computing and office software to automotive and e-commerce. Many companies are now investing heavily in AI capabilities, as this technology’s potential to reshape our daily lives provides meaningful long-term upside for companies that adopt early.In 2024, the U.S. stock market has been going on endle ...

Looking at short-squeeze stocks in this risk-off environment may seem a little crazy to most investors. Indeed, I agree with you. However, it could still make sense to have some “fun money” in high-risk, high-reward picks. That’s because such stocks provide big potential payoffs, if the economic cycle shifts. Certain stocks may deliver triple-digit returns or more and “moon” if the stars align just right.I believe it’s wise to at least have these opportunities on your radar. While I won’t be looking at stoc ...

Shares of Nvidia (NASDAQ:NVDA) stock have come under fire in recent weeks and have shed about 20% during the past month. Can artificial intelligence (AI) applications actually generate material revenue? Will Nvidia continue to remain the leader in the semiconductor and GPU industry? Is its valuation warranted, given its earnings and growth profile? These are all questions that NVDA shareholders should ask themselves.A big negative factor sending shares lower currently is the widely reported three-month dela ...

Dr. Michael Burry, a legendary investor played by Christian Bale in “The Big Short,” is an investment legend. He’s the type of independent-thinking investor who’s more than willing to place massive contrarian bets for a shot at even outsized rewards.Additionally, he seems to have a knack for spotting macro trends from miles away, even as others are blind to them. Taking massive contrarian positions (think the Big Short) takes courage. But more importantly, it takes patience and confidence in one’s abilities ...

The tech sector has been an area of strength for many years. It’s propelled the S&P 500 and the Nasdaq Composite to new heights. However, there are some tech stocks that don’t have enticing growth prospects anymore. Generating returns in the stock market isn’t just about which stocks you buy. It’s also about which stocks you sell and avoid. The U.S. economy is facing some challenges amid discouraging jobs data and an election cycle. Many stocks are in corrections and present buying opportunities for patient ...

Betting on dividend stocks, especially in the long run, can strengthen your portfolio.To begin, dividend-paying companies offer stable returns, ensuring sustainable cash flow even in volatile markets. Most of these companies continually increase their dividend payouts over the years. These dividends provide a consistent income stream that requires no effort from you. Many major corporations also initiate frequent stock buybacks, which enhance shareholder value. This combination of reliability and easy earni ...