Market News

Crypto Market Update: FalconX Files Confidential US IPO

Here’s a quick recap of the crypto landscape for Friday (May 29) as of 12 noon UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin (BTC) was priced at US$73,359.90, trading flat over the past …

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Alibaba Stock May Be One of the Safest Ways to Play the AI Boom Right Now

Key Points The Chinese company’s AI growth is already visible. It has a built-in capital supply with its e-commerce business. That creates a better risk-reward profile than many high-profile AI stocks. 10 stocks we like better than Alibaba Group › Artificial intelligence (AI) has become …

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Tesla Stock Gets Wall Street Upgrade on Robotaxi Potential

Key Points Tesla (NASDAQ: TSLA) is a stock that divides Wall Street analysts, with Piper Sandler, Canaccord Genuity, and Wedbush in the bullish camp currently, with respective price targets of $500, $450, and $600; while UBS and Barclays take a more skeptical view with their …

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The Inflation Numbers Were a Disaster. Here’s the Silver Lining…

Investors may be missing the much bigger story unfolding beneath the headlines. Listen to the audio version of this article (generated by AI). When this week’s inflation numbers dropped, I used two words to describe them in a Special Market Podcast I sent to my …

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InterGroup Climbs 45% Year to Date: Should You Buy the Stock?

The InterGroup Corporation INTG shares have gained 45% year to date against the industry’s 6.3% decline. The company has outperformed other industry players, including New World Development Company Limited NDVLY and Forestar Group Inc. FOR. Shares of NDVLY and FOR have rallied 15.1% and 11.3%, …

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Wall Street Expected a Slowdown in Q2. Corporate America Had Other Plans.

Key Points The big rally since late March has more than undone the market weakness earlier this year. This bullishness, however, isn’t evenly distributed. Neither is the underlying growth driving it. Investors will want to exercise some caution from here for a handful of reasons. …

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Surprise! This AI Giant That’s Climbed 1,200% Over 5 Years is Now the Second Cheapest of the Magnificent Seven

Key Points Artificial intelligence (AI) stocks have soared over the past few years amid excitement about the promise of this new technology. The idea is that AI tools and services may help companies save time and money and become more innovative — and the result …

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Why These Semiconductor Stocks Could Surge 50% in the Next 12 Months

Key Points The market loves growth, and two of the artificial intelligence (AI) infrastructure names with the biggest growth opportunities still ahead are Advanced Micro Devices (NASDAQ: AMD) and Broadcom (NASDAQ: AVGO). That’s why both semiconductor stocks have the potential for 50% or more upside …

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Will Micron’s Gross Margin Expand Further With Higher Memory Pricing?

Micron Technology, Inc. MU is benefiting from one of the strongest pricing environments the memory industry has seen in years. Higher DRAM and NAND prices, fueled by artificial intelligence (AI)-driven demand and limited supply, are pushing the company’s margins to multi-year highs. In the second …

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These 7%+ Dividends Have Been Sold Off Since 2020: It’s Gone Too Far

Let me take you back to April 2001 for a second. Because that year brought a key turning point for income investors. I’m talking about the launch of the SPDR Dow Jones REIT ETF (NYSE:). The fund rolled down the skids with a simple mission: …

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