Ouch. The Fed fallout just got worse, with the Dow suffering its worst day since March after negative data on home sales and consumer confidence. All other indexes closed lower as well. Are we in for a more severe correction?
As tech stocks take a breather, energy stocks have been surging – especially with oil prices steadily rising thanks to production cuts. Today’s daily stock pick is an energy stock that has nothing to do with oil and gas… But it...
Although the Fed kept interest rates unchanged on Wednesday… 12 out of 19 Fed policymakers think one more rate hike this year would be appropriate – while the other seven favor keeping rates steady. But the reason markets have reacted negatively...
Many AI stocks have been hit hard in the ongoing market pullback. But not today’s daily stock pick, which has managed to maintain a very tight trading range during said pullback and is up over 50% year-to-date. That’s not the only...
People are naturally drawn to novelty – the new. That’s partly why AI has been so blazing hot since the release of ChatGPT – it’s new, it’s exciting. And of course, this whole effect is amplified by the eyeball-chasing media.