Wall Street witnessed an impressive bull run in the past 15 months. The rally was primarily led by growth stocks, especially, technology stocks. Consequently, the tech-heavy Nasdaq Composite Index took the lead role in enabling U.S. stock markets to resume their northward journey after a highly disappointing 2022.Moreover, the ongoing tech rally was led by a massive thrust toward artificial intelligence (AI), especially generative AI. The rapid penetration of digital technologies and the Internet worldwide ...

AI Requires Data CentersData centers are integral to the AI buildout because they yield the computational power and storage necessary for training and deploying large language models like OpenAI and Microsoft’s ((MSFT) “ChatGPT,” and Alphabet’s ((GOOGL) “Bard” at scale. Running an LLM requites facilities that house numerous servers and specialized hardware optimized for tasks such as deep learning. Unfortunately, these complex systems require a ton of energy due to their intense processing demands and the p ...

From a technical perspective, Constellation Energy Corporation (CEG) is looking like an interesting pick, as it just reached a key level of support. CEG recently overtook the 20-day moving average, and this suggests a short-term bullish trend.The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, short-term traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversa ...

Are you looking for non-tech stocks to buy that will do well and outperform the Magnificent Seven? Despite some of the top tech stocks not doing well in 2024, the Bloomberg Magnificent 7 Total Return Index is up nearly 19% year-to-date (YTD) and 73% over the past year. It’s going to be tough to match that kind of firepower. According to Finviz.com, of the 503 stocks in the S&P 500, 79 are outperforming the Magnificent 7 in 2024. Of those, 63 are non-tech stocks. The three featured on this list come from dif ...

Constellation Energy Corporation (CEG) closed the most recent trading day at $191.08, moving +1.58% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.95%. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq decreased by 0.84%.The company's stock has climbed by 11.72% in the past month, exceeding the Oils-Energy sector's gain of 8.7% and the S&P 500's gain of 1.78%.The upcoming earnings release of Constellation Energy Co ...

Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Constellation Energy Corporation (CEG) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Constellation Energy Corporation is one of 251 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #13 in th ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Constellation Energy Corporation (CEG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Constellation Energy Corporation current ...

Per the U.S. Energy Information Energy (EIA), wind energy’s share in the nation’s total electricity generation should improve to 12% in 2025. This should bolster alternative energy stocks’ prospects.  However, the rising price of wind turbines and the strained U.S.-China relationship might impact the growth rate of these stocks. Nevertheless, the booming electric vehicle market, which is expected to witness a CAGR of 18.2% during 2024-2028, should be a key growth catalyst for the alternative energy industry ...

I think many investors are still underestimating how significant the Artificial Intelligence boom is, and how broadly it will affect markets. While we all know the primary beneficiaries of AI, like Nvidia (NVDA) , Microsoft (MSFT)  and Alphabet (GOOGL) , there are a litany of industries and companies that will feel the ripples of this new technology.From semiconductor designers and producers to network distributors, data storage companies, and energy production. Yes, the AI boom may be so significant that t ...

Scott Olson S&P 500 Q1 2024 Performance Remember all those analysts predicting a difficult start to 2024 for the technology sector and other high-beta sectors by the end of 2023? I have no right to blame them because I myself fell under the same influence of the general bearish narrative. But here we are in early April, marking the end of the first quarter - a good time to assess the results. Data by YCharts Once again, the market has defied consensus expectations and chosen not to react to the likeli ...