U.S. equities continued their pre-Christmas rally into the last week of 2023, with the Dow, S&P 500, and Nasdaq all up.
Bristol Myers Squibb announced it was buying RayzeBio for $4.1 billion, its second multibillion- dollar acquisition in less than a week.
Semiconductor companies have been a portion of the market that has seen exponential growth over the last few years and shows no sign of stopping. The hype still surrounding generative A.I. technology, as well as other burgeoning technology uses for semiconductors, will continue to grow. The benchmark ETF regarding semiconductors is the VanEck Semiconductor ETF (NYSEARCA:SMH), which
A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.
People buy consumer goods in any economy. These are among the last expenses people cut after minimizing how much they spend on luxury items and non-essentials. Consumer staples stocks don’t outperform growth stocks during bullish markets. However, these same stocks offer stability and less volatility during bearish market cycles. Many of these stocks also deliver
I don’t know about you, but I pay attention to which companies are analyst stock picks, such as Apple (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA). I do it not because I need their affirmation to recommend a particular stock but because these highly covered names tend to see more price action due to their coverage, often leading
The biggest story in AI right now is one that hardly anyone is talking about. Yet, it involves the world’s richest men, the world’s most powerful companies, and the world’s fastest computers. It is the highest stakes story in AI yet. It will determine the winners and losers of the AI Boom in 2024. And
The biggest story in AI right now is one that hardly anyone is talking about. Yet, it involves the world’s richest men, the world’s most powerful companies, and the world’s fastest computers. It is the highest stakes story in AI yet. It will determine the winners and losers of the AI Boom in 2024. And
Investors keep an eye on the big picture by watching the key economic indicators. Here are the numbers that the pros watch from month to month.
Although Wall Street has many paths to profits, one of the best, with nearly a 100-year track record, is investing in dividend stocks. Particularly in periods of high inflation and slowing economic growth, one constant investors can count on is the reliability of dividend stocks to see them through. That’s why I like investing in dividend
If you’re one of many people reeling at how quickly your insurance bills are rising, don’t just blame inflation—blame climate change.
These 3 charts are worth watching on Tuesday. We look at the reasons why and identify important technical levels to watch.
Investors should keep an eye on the flying cars or electric vertical take-off and landing aircraft sector in 2024. It is projected to reach $97 billion by 2030, growing at an annual rate of 11%. However, the projected growth for the industry in 2022 was only expected to reach $30 billion by 2030. Given the
As we prepare to ring in 2024, there is optimism that growth stocks could continue to rebound to greater highs next year. Interest rate cuts expected by April may benefit high-growth companies that had difficulty accessing capital last year. Now is an opportune time to take a closer look at beaten-down growth stocks and consider
As investors, small-cap stocks offer us the possibility of monumental returns. If you play your cards right, small-caps can deliver gains most blue chips could never match. Of course, there’s no reward without risk. Many small-cap companies fail because of a lack of funding or the inability to scale operations. But we can mitigate some
There have been some concerns related to EV stocks over sales. However, the S&P report rightly points out that the “demise of EVs have been greatly exaggerated.” The report also mentions that battery electric passenger vehicles are “on track to post 13.3 million units worldwide.” In terms of year-on-year growth, the United States and Europe
Forget the stiff suits on Wall Street; the real market movers in 2024 might be armed with rocket emojis and diamond hands, which is why we need to discuss comeback meme stocks to buy. Sure, I understand the hesitation and to be perfectly blunt, banking on retail consumer sentiment – especially that driven by social
The US economy appears to be achieving a soft landing from high inflation without recession as the personal consumption expenditures (PCE) price index dropped to 2.6% YoY in November. The Federal Reserve, which targets 2% annual inflation, may consider cutting interest rates sooner than expected, given the unexpected decline in inflation rates. This back drop
Christmas seems incomplete without the tree, stockings, and presents. However, as we grow up, our preference for presents changes, and as we gain financial stability, the best present we can receive is something that will grow in value over the years. With the economy finally showing signs of improvement, it’s time to make your money
In today’s dynamic economic climate, it’s easy to overlook high-performing utilities stocks, which are known for delivering robust operational results and stable growth. Despite the market’s buoyancy, a closer examination reveals why utilities stocks for 2024 warrant serious attention. Uncertainty looms large in our economy. The recent labor market surge has prompted Wall Street to