S&P 500 Sell-Off: This Is One of the Worst Investing Moves You Could Make Right Now
The market has been volatile, and one move could put your investments at risk.
Super Micro Computer Stock (NASDAQ:SMCI): The Sell-Off Is Overdone
Super Micro Computer (SMCI), a provider of high-performance computing and AI infrastructure solutions, has seen its stock experience significant volatility. The AI infrastructure company’s stock went parabolic in January 2024, only to crash after it joined the S&P 500 (SPX). While a correction was warranted, it’s a bit overextended now, especially with the recent impressive revenue guidance. I am bullish on Super Micro due to its lower price point and promising catalysts. Analyzing the Earnings
S&P 500 caps off its best week of the year after strong economic data
The S&P 500 rose by 3.9% over five days as major indexes reversed the sharp sell-off earlier this month.
Asia’s Utility Stocks Have Never Had It So Good in Two Decades
(Bloomberg) -- Utilities stocks have emerged as an unlikely favorite of investors in Asia, and bets are growing that their standout rally this year has further to go.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitPowering the sector’s bo
Meta Platforms (NASDAQ:META): The Best Magnificent Seven Stock?
Meta Platforms (META) is arguably the best Magnificent Seven stock right now and presents a buying opportunity, in my view. The social media company’s ad revenue and user base continue to grow, and the valuation leaves plenty of room for error. The recent earnings report and long-term performance make me bullish on the stock. Net Income Surges Without Job Cuts Meta Platforms’ net income has been soaring in recent quarters, which has prompted the social media giant to offer its first quarterly di
Wall Street Whiplash Schools Traders on Fragile Modern Markets
(Bloomberg) -- Greed has overcome fear on Wall Street — and the market cataclysm that shook up the world in recent weeks may well prove a mere blip on long-term price charts.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitYet the summer r
Why Cargo Therapeutics Stock Rocketed Nearly 20% Higher This Week
Along with quarterly results, the clinical-stage company provided an encouraging business update.
Why Pfizer Stock Slumped on Friday
Investors were cautiously pessimistic about the latest news coming out of the company's lab.
These Stocks in Nvidia's Portfolio Took a Hit in the Second Quarter
Nvidia held stakes in Arm, SoundHound AI, Nano X Imaging, Recursion Pharmaceuticals, and Serve Robotics at the end of the second quarter, Nvidia's 13F filing this week showed. Most of the stocks in Nvidia's portfolio lost ground during the second quarter, though a majority have still gained since the start of the year. Arm, SoundHoundAI, and Serve have climbed at a faster pace than the S&P 500 so far this year, while Nano X Imaging lagged with a 13% gain, and Recursion Pharmaceuticals dropped nearly 32%.
Anthony Scaramucci Says Kamala Harris' Poll Numbers Are Driving Market Higher, Predicts 'Rough 81 Days' Ahead For Trump
The equity market has been on a tear and what is more remarkable is its strong rebound from the mayhem seen on Aug. 5. Former White House Communications Director Anthony Scaramucci on Thursday commented about the strong comeback by the market, delving into the potential reasons thereof. Don’t Miss: IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things ‘Even More Insanely Complicated’ This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you onl
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