In today’s video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of May 13, 2024. The video was published on May 13, 2024. Should you invest $1,000 in Nvidia right now? […]
GameStop stock (GME) rose nearly 100% Tuesday before pairing gains, adding to a rally that sent shares of the video game retailer up 74% Monday. Monday’s move, in which the stock rose as much as 110% and was halted for volatility several times during the trading session, followed the reemergence of Keith Gill, also known […]
Meme stocks soared again on Tuesday, as US equities more broadly stayed muted amid a mixed inflation reading. Investors also awaited a Jerome Powell speech that could shed light on the path of interest rates. The S&P 500 (^GSPC), Dow Jones Industrial Average (^DJI) and the tech-heavy Nasdaq Composite (^IXIC) were all little changed at […]
AMC Entertainment (AMC) is cashing in on the revival of the meme stock trade. The struggling theater chain raised $250 million of “new equity capital” through the sale of 72.5 million shares on Monday, per an SEC filing. The completion of the equity offering, which was initially launched on March 28, came as the meme […]
By Sarupya Ganguly BENGALURU (Reuters) – Bond strategists upgraded their U.S. Treasury yield forecasts for coming months to their highest since at least November amid sticky inflation and greater conviction in financial markets of fewer Federal Reserve rate cuts this year, a Reuters poll found. After hitting a cycle peak of 5.02% in October 2023, […]
Futures for the Dow Jones Industrial Average and other major indexes were lower Tuesday, as Wall Street reacted to hot inflation data from the Labor Department ahead of comments from Federal Reserve Chairman Jerome Powell. Meanwhile, GameStop (GME) rocketed more than 130% on the stock market today, looking to extend Monday’s big gains. X In […]
Meme-stock maven Roaring Kitty surfaced on social media again to hype GameStop shares. But there are much more lucrative targets beyond the S&P 500. X Ten stocks in the S&P Composite 1500, including SunPower (SPWR), B. Riley Financial (RILY) and Arbor Realty Trust (ABR), have 30% or more of their shares available for trade in […]
Home Depot (HD) earnings show shoppers are putting their HGTV dreams on hold. It was another quarter of subdued results, as consumers seek out fewer DIY projects compared to during the pandemic .CEO Ted Decker said the quarter was “impacted by a delayed start to spring and continued softness in certain larger discretionary projects.” On […]
Artificial intelligence (AI) is still a dominant trend in the stock market, but not every AI stock is worth buying. Now that the initial rush into these companies is over, you have to take a close look at them to see if they’re worth buying, as some are grossly overvalued. Three AI stocks with bright […]
GameStop stock (GME) rose as much as 118% in premarket trading Tuesday, adding to a rally Monday that sent shares of the video game retailer up 74%. Monday’s move, in which the stock rose as much as 110% and was halted for volatility several times during the trading session, followed the reemergence of Keith Gill, […]
If you’re an Nvidia (NASDAQ: NVDA) or any type of artificial intelligence (AI) investor, then May 22 is a day you must have circled on your calendar. That’s when Nvidia reports Q1 FY 2025 results, which will give investors some clues as to how strong the market is for Nvidia’s class-leading GPUs (graphics processing units). […]
(Bloomberg) — Alibaba Group Holding Ltd. reported a 6.6% rise in revenue after its main e-commerce and cloud businesses managed only modest growth. Most Read from Bloomberg Revenue for the three months ended March rose to 221.9 billion yuan ($30.7 billion), compared with analysts’ estimates for 219.8 billion yuan. Net income dived a worse-than-expected 86% […]