Here’s what you need to know with the crypto markets looking ahead to the next year, standing at the cusp of important events such as the fate of the approval of a spot Bitcoin exchange-traded fund, Bitcoin halving, and developments in crypto regulation.
The Department of Education released new details Monday on how may be covered by proposed federal rules around student loan forgiveness that could be finalized next year.
The holiday shopping season is off to a rip-roaring start. Industry data shows that consumers spent a record $9.8 billion shopping for Black Friday deals this year, and a record $12.4 billion shopping during Cyber Monday. On average, consumers spent $321.41 on holiday-related purchases over the Thanksgiving holiday weekend, with toys, electronics, and gift cards
Investing in growth stocks has proved to be the winning strategy over the past 15 years. However, investors have also seen the downside of owning speculative growth names during downturns. For instance, the one we saw in 2022 as interest rates climbed higher suddenly comes to mind. Indeed, the well-established negative correlation between rising interest
Investors will look back on 2023 as the year when artificial intelligence (AI) went mainstream. But as the calendar gets ready to turn to 2024, the question is how investors should approach the future of AI, particularly as that future relates to AI stocks. For context, you can look back to the dawn of the internet.
There are good entertainment stocks, and then there are lousy entertainment stocks, such as AMC Entertainment (NYSE:AMC). The headline told the story. AMC Stock Falls After Disney’s Box Office Flop. Shares Are on Track for Their Worst Year Ever. I don’t know about you, but “ever” is long. As Barron’s pointed out, the movie business
In the dynamic world of investment, Cathie Wood is a name that shines brightly. Wood, born in 1955, began her career in finance in the late 1970s. She gained recognition for founding Ark Invest ETFs in 2014, known for investing in innovation and disruptive technology. Renowned for her keen eye for pioneering and disruptive companies,
The revised growth figures for the third quarter underscore the strong American economy. It records a rapid annualized growth rate of 5.2 percent, the highest since 2014. In stands in stark contrast to the lackluster performance in the U.K. and Europe. President Biden’s 2022 Inflation Reduction Act largely accounts for the current strength of the
The Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) shed over 15% of its market value since the turn of the year, suggesting the lithium industry is subject to systematic headwinds. Although lithium stocks have surrendered value, we need to put matters into perspective before committing to long-term investment decisions. Firstly, consider that, like most commodity prices,
Find out why the Cayman Islands is considered a tax haven and why this location is so popular among those looking to reduce their tax liability.
November through January are broadly considered to be peak holiday season. These three months are characterized by increased retail spending, travel and tourism, and splurges on luxuries. This includes a spending binge on casinos, online gambling, and iGaming. Therefore, from a seasonal perspective, investors consider exposure to some of the best gambling stocks. With positive
Often, investors think about income and growth as binary choices. Either a company pays a large dividend yield, or it offers strong capital gains upside. But investors don’t necessarily have to sacrifice one of these features to get the other. In fact, a surprising number of companies offer solid dividend yields and have considerable growth
Last week, I revealed five “jackpot” stocks to buy for 2024. These longshot bets all had enormous potential… and also all the risks associated with early stage startups. Happily, one of these stocks has already notched double-digit gains. Plug Power (NASDAQ:PLUG) is now up 28% since Monday on renewed interest in “meme” stocks. On average,
Quantum computing stocks should be on your radar. The vast potential of quantum technologies means we’ll likely witness dramatic progress in AI, IoT, and clean energy technologies. These computers will give us the needed horsepower, but the tech is presently under a competitive research and development environment. Regardless of the speculative nature of quantum computing
There’s a strong argument to be made that investors should consider mid-cap AI stocks currently. The markets expect that the Fed will hold interest rates steady moving forward. Rate cuts will likely begin sometime in early to mid-2024. That will benefit mid-cap stocks in particular. Mid-caps tend to become cash-strapped in periods of high interest rates. Conversely,
The stock market is certainly looking a lot better heading into year’s end, thanks to a big rally during November. The benchmark S&P 500 gained 5% in the month and is now up 20% as we head towards New Year’s Eve. However, while a lot of stocks are benefitting from the current upsurge, many are
Low-price stocks are the favorite of retail investors. It’s understandable, as there is scope for diversification even with a small corpus. However, in general, low-price stocks come with big risks. The exposure, therefore, must be limited to avoid potential capital losses. Fortunately, stocks under $10 represent companies with good fundamentals. Investors will not lose sleep
Nvidia (NASDAQ:NVDA) has several very promising partnerships, and it should continue to grow rapidly, driven by the overall strength of its AI and auto businesses. Still, the company is facing at least two very tough challenges, and the valuation of NVDA stock is quite high. Given the latter two points, I believe that there’s a