Seeking catalyst driven opportunity
The Q3 earnings season for the tech giants has been a mixed bag. While some managed to impress investors with their performance and outlook, others fell short of expectations on some metrics. Wall Street remains upbeat on several tech giants, thanks to generative AI (artificial …
Tesla stock ($TSLA) has been on a tear since the results of the 2024 election became clear. After closing just over $251 on Tuesday, November 5, the stock rose 27.8% by end of week to just over $321, putting $TSLA over a $1 trillion market …
Shares of EV maker Lucid Motors LCID closed at $2.21 on Friday, down by nearly 47% since the start of this year. What Happened: Lucid CEO Peter Rawlinson sought to assuage investor concerns of dropping share value at the company’s third-quarter earnings call this week. …
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Direxion Daily Semiconductor Bull 3X Shares, which added 22,350,000 units, or a 7.1% increase week over week. Among the largest underlying components …
Lucid Group Inc. LCID is betting big on its upcoming Gravity SUV to capture a broader slice of the electric vehicle (EV) market, but it’s a cautious play for investors. Needham’s Chris Pierce reaffirmed a Hold rating on LCID stock, highlighting promising delivery gains while …
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to …
BENSALEM, Pa., Nov. 7, 2024 /PRNewswire/ — Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against AMMO, Inc. (“AMMO” or the “Company”) POWW. Class Period: August 19, 2020 – September 24, …
The Dow Jones Industrial Average (DJINDICES: ^DJI) is making its third major move in the last five years, with Nvidia (NASDAQ: NVDA) replacing Intel and Sherwin-Williams (NYSE: SHW) kicking out commodity chemical company Dow Inc. Here’s what the moves mean for the 128-year-old index and …
Advancements in technology over the past several years have had a distinct impact on the value of some of the tech’s most recognizable companies. As the adoption of artificial intelligence (AI) continues to ramp up, so too do the market caps of the main beneficiaries …
The Zacks Broadcast Radio and Television industry has been grappling with an escalation in cord-cutting despite a surge in demand for streaming content. However, industry players such as Netflix NFLX, Fox FOXA, Roku ROKU and TEGNA TGNA are reaping the benefits of a massive spike …