mesut zengin/iStock via Getty Images Shares of solar and alternative energy companies posted broad gains on Thursday, booster by cooler than expected inflation data that raised hopes the Federal Reserve will start lowering interest rates sooner rather than later. U.S. consumer prices fell for the first time in more thanContinue Reading
tadamichi A majority of the Seeking Alpha community doesn’t think Tesla (NASDAQ:TSLA) should be dropped from the Magnificent 7, according to the latest SA Sentiment Survey, even though the EV maker is seen as the least attractive stock in the list. When asked which stock could potentially take Tesla’s (TSLA)Continue Reading
UBS analysts updated their “global top list.” Leadership among stocks once again narrowed in June, with info technology (XLK) keeping its top seat among the sectors. “The resilient economy should allow earnings to recover, while we expect discount factors to decline as inflation normalizes and central banks embark on anContinue Reading
The S&P 500 continues to hover near all-time trading highs and many stocks have been rewarded in 2024, but 10 stocks in particular have been red-hot of late. Outlined below are the top 10 best performing stocks that sit inside the S&P 500 that have been on the move higherContinue Reading
Bernstein analysts see upside in two under-the-radar Bitcoin mining companies, citing their strategic shift towards housing artificial intelligence (AI) data centers. In a note, the firm initiates coverage on Iris Energy (IREN) and Core Scientific (CORZ) with Outperform ratings. Bernstein highlights the miners’ hybrid business model, leveraging their existing BitcoinContinue Reading
Douglas Rissing/iStock via Getty Images Pot stocks traded lower on Tuesday after a key House committee approved a spending bill that included measures to prevent the Department of Justice from rescheduling cannabis to a low-risk category. The GOP-led House Appropriations Committee voted 31-26 to approve the bill titled, the CommitteeContinue Reading
Rimma_Bondarenko/iStock via Getty Images Restaurant stocks traded lower on Tuesday as investors and analysts showed some anxiety on how the Q2 earnings season may play out amid more signs that consumers are holding back in certain discretionary categories. The Dow Jones US Restaurants & Bars Index (DJUSRU) was down 1.68%Continue Reading
BlackJack3D Stocks with high exposure to artificial intelligence have a “lofty, but not bubble-like” backdrop, and Citi analysts are estimating that the markets are pricing around 19-27% growth over the next five years. But almost 60% of the market cap of the AI stocks group has market-implied growth rates thatContinue Reading
BlackJack3D A host of semiconductor companies well positioned in the artificial intelligence race surged ahead of the market on Monday, as sector demand is poised to accelerate further in the quarters ahead. Super Micro Computer (NASDAQ:SMCI) was leading the pack as it surged nearly 7% by early afternoon trading. “TheContinue Reading
Jefferies analysts lowered the firm’s price targets for both Marathon Digital (NASDAQ:) and Argo Blockchain Plc (ARBK) due to the ongoing impact of the Bitcoin halving. The investment firm’s note cites a “modest recovery” in June following the May slump, but highlights continuing challenges. Despite a slight increase in BitcoinContinue Reading
