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Dubbed the Magnificent 7, shares of Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Nvidia (NASDAQ:NVDA), Tesla (NASDAQ:TSLA), and Meta Platforms (NASDAQ:META) are just a few of the monopolistic mega-caps having their best year yet. As a result, even some of the top Magnificent 7 stock suppliers are having a solid year. With a
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With the rising adoption of generative artificial intelligence technology, there’s now an AI gold rush, and semiconductor companies are selling the “picks and shovels.” Hence, all eyes are on the top chip stocks to watch, but are these names also in the “Green Zone?” TradeSmith offers investors valuable tools for determining which stocks to watch.
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The Big 3 is in a labor bind…and some investors are starting to bet against General Motors (NYSE:GM), Ford (NYSE:F) and Chrysler owner Stellantis (NYSE:STLA) as the United Auto Workers strike drags on. Ford, GM and Stellantis are among the top 10 most shorted auto stocks as of Sept. 18, according to research from S3
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The U.S. Federal Reserve Building in Washington, D.C. Win Mcnamee | Reuters Today, the Federal Reserve will publish its latest economic forecasts. There will be an intense focus on the Summary of Economic Projections, which is the Fed’s own estimates for GDP growth, the unemployment rate, inflation and the appropriate policy interest rate.  The summary will
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Pinterest app on a mobile phone. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines before the bell. Dollar General — Dollar General shares fell 2% after JPMorgan downgraded the discounter to underweight from a neutral as the company’s core shopper grapples with persistent inflationary pressures and dwindling savings. Pinterest —
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Despite predictions of a recession at the end of 2022, the United States economy has defied expectations, showcasing robustness and continued growth. Throughout the first half of 2023, it has remained resilient despite headwinds in interest rate hikes, a politically driven debt default crisis initiated by House Speaker Kevin McCarthy, and a series of bank failures. This resilience
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Last year, growth stocks and EV stocks faced challenges. But 2023 has brought a strong comeback, driven by government support and rising fuel costs. Amid this, market differentiation between EV sector leaders and laggards has become evident, with some stocks surging while others decline. Oftentimes, investors have EV exposure through ETFs. But diversification in individual
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It’s been hard to go wrong with artificial intelligence stocks this year. A surprise 2023 stock market rally and Nvidia’s (NASDAQ:NVDA) jaw-dropping earnings results created a boom for many stocks. And just like that, artificial intelligence (AI) suddenly became a buzzword. Investors scooped up shares of small, medium, and large-cap companies that stood poised to benefit
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Nvidia (NASDAQ:NVDA) stock is what any logical investor would refer to as a red-hot property. The company’s share price has rocketed higher this year, as the company boasted 100%+ year-over-year revenue growth, to more than $13.5 billion. Its shares have surged approximately 230% this year, a remarkable feat in this uncertain market. Among the high-growth,
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