Investors have been pouring into rapidly developing AI tech names over the past few months, and this is likely just the beginning. According to Grand View Research, the global artificial intelligence market reached a valuation of $136.55 billion in 2022. It’s projected that by 2030...
Seeking out great stocks to buy is essential, beyond a doubt, but it’s just as important (if not more so) to know which stocks to steer clear of. Plus, a losing stock can eat away at your long-term returns. So, figuring out which stocks to trim or get...
Last week, the major indices recorded their second consecutive week of losses (the third for the tech-heavy Nasdaq) as eye-popping data revealed that inflation rose at the fastest pace in nearly forty years. The consumer price index (CPI) rose 7% in December from a year ago, the...
Stocks rallied to finish the week, but Friday’s gains were not enough to make up for earlier losses. The S&P 500 recorded its sixth consecutive weekly loss, shedding 2.4%, while the Dow notched its seventh, dropping 2.1%, and the Nasdaq shed 2.8%.
This week...
The major indices rose last week, snapping a three-week losing streak following more dovish comments from Fed officials than markets expected. Federal Reserve Vice Chair Lael Brainard stated that she still believed the economy could avoid a recession as the Fed raised rates. For the week, the...