Renewable energy is a vital part of a sustainable future. Fossil fuels and other nonrenewable energy sources still take up the lion’s share of the energy market around the world. But, ever so slightly, with improved regulations, benefits for companies producing renewable energy, and overall social sentiment, renewable energy sources such as solar, wind, nuclear
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Short squeezes affect heavily shorted stocks when many sellers are forced to buy back the shares they shorted. That dynamic, in turn, causes the stock’s price to soar, creating more purchases by short sellers and causing the process to continue. Ultimately, short squeezes can cause equities to soar tenfold, even 15-fold, resulting in gigantic profits
The U.S. housing market has remained surprisingly resilient coming out of the Covid-19 pandemic. The economic recession that has been predicted for more than a year now has not arrived, keeping buyers on the hunt for new homes. And while higher interest rates have led many homeowners to sit tight and put off listing their
The downfall of Tilray (NASDAQ:TLRY) stock since 2018 has been epic and horrifying. Yet, Tilray’s loyal investors can expect to get some much-needed relief this year. As we’ll see, Tilray is boosting its product portfolio and taking action to maintain its market share throughout Canada. Anyone who invested in cannabis companies, and in Tilray specifically, could
Some clear winners have emerged from the latest earnings season. While a lot of companies struck out with their second-quarter financial results, others hit home runs, and their stocks are now sitting at or near 52-week highs. Many blue-chip names saw their sales and profits grow rapidly during Q2 of this year, surprising analysts and
The global robotics industry is taking off, and investors are keeping a close eye on high-potential robotics stocks. Robotics and automation are going to transform the everyday lives of both humans and businesses. AI technologies such as natural language processing, generative adversarial networks, and edge computing will ultimately spearhead growth. The global robotics market should
In this article FLT RBLX PENN GPN WYNN TPR CPRI APP BABA DIS Follow your favorite stocksCREATE FREE ACCOUNT Employees prepare a window display at a Kate Spade shop in The Shoppes at Marina Bay Sands shopping mall in Singapore on June 19, 2020 as retail shops reopen in Singapore following the further easing of
The stock market has not had an easy path so far in August, with U.S. indices under pressure. While the percentage losses are not all that bad, the constant daily declines are weighing on investor sentiment. However, it has other investors looking for the best stocks to buy in August. The S&P 500 and Nasdaq
As the EV landscape shifts, investors considering Lucid Group (NASDAQ:LCID) stock for its recent strong performance have been rewarded. Momentum has taken LCID stock on a bumpy, but upward ride this year. And while Lucid has seen its valuation come down from its peak in Q1, there are reasons some investors remain very bullish on
Sometimes Wall Street likes China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO); other times, the automaker is in the doghouse. In recent months, financial traders have favored NIO stock and it has nearly doubled in price. The stock should still have some gas left in the tank, however, especially in light of Nio’s latest EV delivery data.
Disney’s (NYSE:DIS) financial performance has been a roller-coaster ride. While its third-quarter revenue for fiscal year 2023 saw 4% growth to reach $22.33 billion, it fell short of the estimated 4.8% growth to $22.53 billion. Disney’s adjusted earnings per share managed to surpass Wall Street’s expectations as cost-cutting initiatives start to show. The stock has
Uncertainty from geopolitical tensions within the Ukraine war and China issues has led to slower United States labor market growth. In this environment of uncertainty, the United States labor market has displayed a degree of resilience but at a notably slower pace of growth. On the other hand, this has led to the rise of
Shares of Massachusetts-based T2 Biosystems (NASDAQ:TTOO) surged another 30% this week on meme stock interest. According to financial data provider Fintel.io, retail ownership has now risen over six-fold since last month. In a sense, T2’s rapid ascent comes as no surprise. Shares of the highly shorted healthcare firm have risen 110% since the start of
Quantum computing happens to be one of the most promising technologies of the 21st century. The rise of generative AI and the subsequent surge in AI stocks has also had investors searching for the best quantum computing stocks. The novel technology has the potential to solve complex problems that normally slow down classical computers, such
Investing in growth stocks can be risky, especially for those migrating into new markets or turnaround ventures. Personally, I’ve experienced losses from such endeavors. Amid rising interest rates, caution is advised for overpriced growth stocks. Despite recent declines, their valuations remain risky. Two factors contribute to their potential downfall: further interest rate hikes and underwhelming
In this article APP DIS TTD SIX WYNN Follow your favorite stocksCREATE FREE ACCOUNT A shopper looking at Michael Kors handbags in Macy’s flagship store in New York. Scott Mlyn | CNBC Check out the companies making headlines before the bell: Capri, Tapestry — Capri soared more than 57%, while Tapestry slid 3.2% in premarket
AI stocks have already had such a stellar run in 2023 that it’s fair to ask if there’s anything left. The answer, of course, is yes. We are still very much in the early stages of the generative AI boom. It’s a boom that promises to reshape our world and touch on many aspects of
As digital banking tools, such as banking apps and automatic bill payments, increase in popularity, the fintech sector is poised to grow rapidly. Additionally, financial institutions have been adopting many high tech tools in an effort to cut their costs and make their businesses more user friendly. As a result of those points, venture capitalists
If you’ve been looking to increase your portfolio’s exposure to the “green wave,” or the global move towards renewable energy and environmentally sustainable practices, Flexible Solutions International (NYSEAMERICAN:FSI) stock may be one to add to your watchlist. Sure, FSI stock is very obscure, compared to other names benefitting from this trend. Even so, I wouldn’t
As the Nasdaq starts to plateau and more economists signal volatility ahead, it might once again be time to look for a port in the storm. Last year, investors that bought into the safest stocks had solid insulation from the widespread market selloff. In most cases, such investors were able to outperform the broader market, simply
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