Elon Musk, the visionary CEO of Tesla, has boldly predicted impressive growth for his company by 2025. His words at the recent earnings event caused a surge in Tesla's stock price. This sudden boom has the experts looking at the technical aspects, and they're saying everything is set for a strong ru
Tech giants like Microsoft, Meta, Amazon, and Apple are splashing out billions on artificial intelligence (AI). It's not just about making more money; they're investing heavily in AI development. Meta, for example, plans to spend $40 billion on AI next year alone. Even Microsoft is cautious, warning
Elections can shake up stock markets, and the upcoming Trump vs. Harris race is no exception. Value investors are always on the lookout for bargains. Let's dive into some promising companies to consider adding or avoiding in your portfolio. Remember, investing is a marathon, not a sprint. Always st
Exxon Mobil just had a quarter to remember, but not everything is rosy. The oil giant hit a production high not seen in over four decades, pumping out 3. 2 million barrels of liquids daily. However, profits took a dip, falling about 5% compared to the same time last year. Why? Blame it on refining m
Thursday was a rough day for tech investors as stocks related to AI took a nosedive. The culprits? Microsoft and Meta, two giants in the tech world, both signaled that they'll need to spend big on AI in the future. This news didn't sit well with investors, who had been hoping for more growth. Micro
Today was full of surprises as several big names in tech and travel reported their earnings. Let's start with Carvana, the online used car dealer that zoomed ahead with a 19% stock boost. Why? They did better than expected in the third quarter, earning more money and bringing in more revenue than an
Super Micro Computer’s stock has taken a beating, dipping to $28 per share after its auditor, Ernst & Young, decided to walk away. The server company, which joined the S&P 500 in March 2024, is now in hot water, possibly facing delisting from the Nasdaq. This isn’t the first time they’re dealing wit
This week, former President Donald Trump's fortune took a big hit. His stake in Trump Media & Technology Group dropped by about $2. 4 billion. The company's stock, known as DJT, saw a sharp decline of almost 40% in two days. This sudden drop happened even after the stock had skyrocketed recently. Th
Coinbase, a big player in the cryptocurrency world, had a rough third quarter. Their stock took a hit, dropping by 4% after the market closed. Why? Well, crypto trading was pretty quiet, and that's not good news for a company that makes money from people buying and selling digital currencies. The c
Microsoft recently shared its fiscal first quarter earnings, and while they beat expectations, the future looks a bit cloudy. The tech giant made $3. 30 per share and raked in $65. 59 billion in revenue, both higher than predicted. That's a 16% yearly increase in revenue. But the stock dipped 4% aft
