STOCK MARKET

Sep 13 2024TECHNOLOGY

Chinese Electric Vehicle Makers Hit a Speed Bump: Beijing's Warning on Tech Protection

The Chinese electric vehicle (EV) market is facing yet another challenge as the government in Beijing has issued a recommendation to protect key technology by keeping advanced electric vehicle parts within the nation. This move has sent shockwaves through the industry, causing Chinese EV stocks to p

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Sep 12 2024TECHNOLOGY

Oracle's Surprising Comeback: Can Legacy Tech Still Compete?

Larry Ellison, the 80-year-old co-founder, chairman, and chief technology officer of Oracle, has been partying like it's 1999. Despite fellow legacy tech giants Intel and Cisco struggling to adapt to the AI-driven world, Oracle has emerged as the belle of the Wall Street ball. The company's cloud bu

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Sep 12 2024POLITICS

Markets Give Kamala Harris the Upper Hand in Presidential Debate

What if the market's reaction to the debate is more about sentiment than substance? Has the analyst's assumption that markets are accurately predicting the election outcome been tested? Or is it just a fleeting reaction to a momentary shift in perceived probability? As the dust settles on Tuesday's

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Sep 12 2024FINANCE

Tech Stocks to Watch: UBS' Top Picks for the Remainder of 2024

As the fourth quarter of 2024 approaches, UBS has released its list of top tech stocks to watch, including an Nvidia alternative that could be a game-changer for investors. The list includes Advanced Micro Devices (AMD), which could be seen as a competitor to Nvidia in the chip market. The firm h

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Sep 12 2024FINANCE

Trump Media's Stock Price Tanks After Debate: Is This a Sign of Trouble for Trump's Election Chances?

When Donald Trump's debate skills were put to the test, his stock in Trump Media & Technology Group took a drastic hit. The company's shares plummeted $2.79, or 15%, to $15.84, its lowest level since its public market debut in March. This sudden drop has raised questions about whether this is a sign

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Sep 11 2024FINANCE

Dave & Buster's Beats Expectations, But Can They Keep the Momentum Going?

Dave & Buster's Entertainment has reported a better-than-expected adjusted profit for the second quarter, despite sluggish same-store sales. The company earned an adjusted profit of $1.12 per share, beating expectations by $0.26. Revenue increased 2.8% to $557.1 million, although it fell short of

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Sep 11 2024FINANCE

Powering the Future: Why Utilities are the Hottest Sector in 2024

Imagine an industry that's not only stable but also surging in value. That's what's happening with utilities in 2024. With a 20% increase in value, this sector has become the darling of Wall Street. But why are investors flocking to utilities? One reason is the growing demand for data centers. These

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Sep 09 2024FINANCE

STMicroelectronics: A Semiconductor Giant's Potential Unleashed

Analyst Sebastien Sztabowicz from Kepler Capital recently issued a Buy recommendation on STMicroelectronics NV (0INB), setting an ambitious price target of €47.00 per share - a significant premium over the current trading price of €26.36. But is this recommendation based on solid fundamentals or j

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Sep 08 2024FINANCE

Toy Story or Trading Strategy? Roaring Kitty's Latest Move Raises Eyebrows

Roaring Kitty, the internet-famous investor who once sent GameStop shares soaring, is back in the headlines. But this time, it's not about a meme stock. His latest social media post, a tweaked scene from Toy Story featuring a dog being dropped, has sparked speculation about his holdings in Chewy, G

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Sep 08 2024BUSINESS

Pickleball: The Sport That's Picking Up Pace

Is America's new favorite pastime about to give Life Time Group Holdings a major boost? Bank of America analyst Alexander Perry certainly thinks so. In a recent note to clients, Perry reiterated his buy rating on the upscale fitness and lifestyle company, raising his price target by $1 to $30. W

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