Stocks to sell

Google parent Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) stock has been a phenomenal investment over the past decade returning double the S&P 500 on the back of search. Although cloud services are gaining more attention, advertising runs Alphabet. It accounts for 57% of total revenue and produces virtually all of the company’s operating income. While that has been driving
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Indeed, 2024 has effectively ushered in a topsy-turvy period for global supply chains. Major Panama and Suez Canal disruptions and escalating geopolitical tensions reshape decades-old trade routes. In particular, retailers are feeling the heat of these major upheavals, especially with the continuing attacks in the Red Sea. Those impact Suez Canal accessibility, a critical route
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Regulatory pressure on businesses in the technology sector has been increasing since last year. Rules on content moderation and payment activities appeared in the government’s supervisory agenda in several countries, while President Biden’s executive order on the safety and security of artificial intelligence has already been signed. Smaller companies are holding their breath, thinking that
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Artificial Intelligence (AI) garnered incredible attention in 2023 with the launch of OpenAI’s ChatGPT and other generative AI applications. What would later be dubbed the “AI craze” led to the rise of AI stocks with market-crushing returns — and some AI stocks to sell. Overall, AI-related stocks largely performed well last year. Still, investors need to seriously examine
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Anticipating the U.S. Securities and Exchange Commission (SEC) approval of a Bitcoin (BTC-USD) ETF, the digital currency exploded from an October low of about $25,000 to a high of $49,954.  Investors were hopeful it would open the floodgates for retail and institutional interest. Instead, approval was met with an expected sell-the-news reaction. It sent Bitcoin
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Bargain hunters, beware! The outlook isn’t great for electric vehicle manufacturer Lucid Group (NASDAQ:LCID) stock as the company’s 2023 production and delivery numbers weren’t stellar. Consequently, it’s too risky to go on a bottom-fishing expedition with beaten-down LCID stock. Besides, the EV industry is generally having a demand problem. Giant automakers like Tesla (NASDAQ:TSLA) should be able to
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As governments globally endorse and incentivise the adoption of electric vehicles, there is some big money to be made in the industry. Therefore, it’s not surprising that dozens of new companies have emerged globally with focus on EVs. Further, established traditional automakers are making big investments to accelerate the portfolio shift towards electric vehicles. So,
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