Analysts say that the huge gains of tech stocks should not be feared as a repeat of the dot-com crash, citing key differences such as the profitability of mega-cap tech firms and the wider financial environment.
Despite the S&P 500 trading near all-time highs, top investors and economists including Jeremy Grantham, David Rosenberg, Jeffrey Gundlach, and Gary Shilling warn that stocks will drop and a recession will strike, citing factors such as overvaluation, weakening economic indicators, and geopolitical concerns.
Taylor Swift's concert film "Taylor Swift: The Eras Tour" will be exclusively streamed on Disney+ starting March 15, causing Disney stock to increase by over 10% in morning trading due to new partnerships and a strong earnings report. Elon Musk's drug use with board members of his companies, and their concern for the value of their stock options, has been reported. The Federal Reserve is hesitant to lower interest rates due to service worker wages preventing desired inflation levels. Athlete-hopefuls may have an easier time finding a job over the next decade, according to experts. The US government announced that exchange-traded funds (ETFs) could invest in Bitcoin, leading to increased interest in Bitcoin ETFs. Despite lower consumer prices, car loan and credit card delinquencies have increased, causing financial stress for Americans.
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The semiconductor market is projected to become a $1 trillion industry by the end of the decade, with artificial intelligence (AI) being one of the top growth drivers. Three top stocks to consider investing in are Advanced Micro Devices, Applied Materials, and Broadcom, each offering different opportunities for profit.
Investors with a long-term mindset should take advantage of the Nasdaq bear market dip and consider investing in growth stocks like Nio, Lovesac, Exelixis, and Alphabet.
The article highlights four growth stocks that investors should consider buying during the Nasdaq bear market dip: Nio, Lovesac, Exelixis, and Alphabet.
Killer drones pioneered in Ukraine are reshaping the balance between humans and technology in war.
The GoodHaven Fund, following a concentrated-value approach, has outperformed the S&P 500 since the end of 2019, thanks to a change in strategy that involves paying less attention to macroeconomic factors and holding onto successful companies for longer periods.
Wharton professor Jeremy Siegel believes the stock market still has 8% potential upside by the end of 2024, dismissing comparisons to the dot-com bubble and advising investors to focus on value and small-cap stocks.
Wall Street celebrates as the S&P 500 closes above 5,000 for the first time ever, driven by positive earnings and a revision of December inflation data.
CRISPR Therapeutics AG (CRSP) closed at $70.01, up 1.71% from the previous day, while the S&P 500 gained 0.57% and the Nasdaq added 1.25%; analysts are closely watching the upcoming earnings disclosure and anticipating a rise in EPS and revenue.
Archer Daniels Midland (ADM) closed at $53.05, rising 0.66% and outperforming the S&P 500, as investors anticipate the upcoming earnings release and pay attention to changes in analyst estimates.
The S&P 500 closed above 5,000 for the first time, driven by bullish sentiment and positive inflation data, marking a significant milestone in a period of economic growth and anticipation of rate cuts from the Federal Reserve.
The S&P 500 reached a significant milestone by surpassing 5,000 points due to a renewed rally in big tech and expectations of rate cuts by the Federal Reserve, boosting corporate profit outlook.
Microsoft is set to become the most highly valued U.S. company ever, surpassing Apple, as its stock reaches a market capitalization of $3.1 trillion.
The small-cap index Russell 2000 has started to break out of its flat range over the past few months, while the chip sector, led by stocks like Nvidia and Super Micro Computer, continues to see significant gains.
Mazda had a successful year due to increased demand for its hybrid vehicles, positioning the company well as electric vehicle adoption slows down.
Nvidia's stock surge could potentially make it the fourth most valuable US company, surpassing Amazon, as its market capitalization nears $1.74 trillion, just shy of Amazon's $1.77 trillion.
Nvidia's market cap rise in the last two months equals the entire market cap of Tesla, making Nvidia now worth as much as the entire Chinese stock market, despite China's recent struggles in the stock market.
Tenable, a leader in vulnerability management and proactive cybersecurity, has experienced rapid growth, acquiring large high-spending organizations at a faster rate and generating record-high revenue of $798.7 million in 2023, and is poised for further growth as it aims to reach profitability by managing costs. With a cheap valuation compared to competitors, Tenable's stock is expected to close the valuation gap and provide upside potential.
The S&P 500 and Dow Jones Industrial Average reached record highs as investors welcomed Disney's upbeat earnings report, while the Nasdaq also rose; however, concerns remain about whether gains can be sustained, driven by a concentrated group of megacaps. Arm also saw its shares surge after strong sales outlook. Mortgage rates are expected to impact housing stocks, with lower rates potentially boosting demand. Tesla plans to resume production at its Giga Berlin facility on February 12. Disney shares surged after beating earnings estimates and announcing an increase in dividend payout. Arm, Disney, and PayPal were among the trending tickers.
Nissan's shares plummeted 12% after quarterly earnings fell short of expectations due to stiff competition in China from fast-growing, affordable electric car brands, leading to a loss of market share for foreign rivals in the world's biggest auto market.
The stock market rally reached new heights as the S&P 500 hit 5,000 for the first time, the Nasdaq climbed to its highest level in over two years, and AI plays such as Palantir and Arm Holdings surged on strong earnings. However, not all companies saw positive results, with cybersecurity firm Snap crashing on weak revenue.
Japanese stocks are experiencing a significant surge in popularity and value due to factors such as corporate governance reforms, a weak yen, and increased shareholder returns, attracting foreign investors and potentially leading to a return to peak levels not seen since 1989.
The anxiety among millennials about not being able to afford a home affects their overall perception of their finances and the economy, potentially impacting President Joe Biden's reelection bid, according to Moody's chief economist Mark Zandi. The affordability crisis in the housing market and the long-term implications of not owning a home contribute to the deep-seated economic concerns of younger generations.
NIO Inc. closed at $5.82, moving -0.68% from the previous trading session, with the stock's recent performance lagging behind the S&P 500 and the Auto-Tires-Trucks sector, but analysts are optimistic about the company's future earnings and profitability.
Stocks traded in a narrow range as investors absorbed earnings reports, including positive results from Disney and Arm, with the Nasdaq Composite rising 0.2% and the Dow Jones Industrial Average inching up 0.1%.
Hedge-fund titan David Einhorn argues that passive investing has led to the annihilation of the value industry, causing a cycle where value stocks continue to fall as money moves to passive investments, resulting in the overvaluation of assets and a divergence from value in the market.
The Dow Jones Industrial Average, Nasdaq 100, and S&P 500 all reached record highs, but there are signs of potential market corrections and opportunities for underrepresented sectors to shine.
China's property crisis and deflation have caused a loss of confidence among investors, leading to a decline in stock market values and a slowdown in China's growth, with foreign investors also losing interest in China due to poor policymaking and worsening relations with the US.
The latest surge in fees for foreign property buyers in Australia, particularly from China, is expected to deter more foreign buyers and drive them to explore housing markets with lower costs and barriers such as Dubai.
China has ousted the chairman of its main securities regulator, Yi Huiman, in an effort to address the nation's tumbling stock market and growing sense of alarm within President Xi Jinping's government over the market meltdown.
AIA, an insurance company with exposure to both mature and growing markets, has seen a stall in its stock price since 2021 due to the impact of COVID on face-to-face marketing and changing career preferences of insurance agents in China. Concerns over post-pandemic customer preferences, China's macro weakness, regulatory changes, and the need for digital transformation pose further challenges for AIA and its life insurer peers. Thus, the future outlook and valuation of AIA as a potential value trap remain uncertain.
China has replaced the head of its securities regulator as public anger over the stock market meltdown grows, with Wu Qing taking over as chairman and party secretary of the China Securities Regulatory Commission.
Fundstrat's Tom Lee predicts an imminent stock market correction after a 21% rally in the S&P 500, expecting a short-term peak followed by a drawdown, though he remains bullish on the stock market in the long term.
China's stock market staged a significant rally after its sovereign wealth fund announced plans to increase buying shares, marking the biggest daily increase in years, in an attempt to address the three-year market rout.
Investors were alarmed after Federal Reserve Chair Jerome Powell stated that he is not rushing to cut interest rates, causing a drop in the stock market before recovering slightly by the end of the day; Powell also mentioned that a rate cut next month was premature but confirmed the Fed's plan for at least three rate cuts this year in line with investor expectations.
Despite Federal Reserve Chair Jerome Powell indicating that a rate cut in March is unlikely, the stock market remains unfazed due to the positive economic outlook and the potential for business activity to pick up.
The stock market experienced an unusual disparity between winners and losers, with more than twice as many losers than winners, signaling cause for skepticism and concerns over market breadth.
Three beaten-down stocks that could take off in the new bull market are Toast, Chewy, and Novavax, as they all have room for growth and potential for success in their respective industries.
The Dow Jones Industrial Average slipped as Wall Street reacted to earnings reports from Caterpillar and McDonald's, while Nvidia stock rallied after receiving positive recognition from Goldman Sachs.
Stripe shares have been in high demand in the secondary markets, with prices rising, leading to speculation about a potential IPO in 2024.
The S&P 500 reaching an all-time high signals a bull market, but investors should be prepared for a future bear market and consider buying Nvidia, The Trade Desk, and MercadoLibre when the time comes due to their history of strong gains after bear market declines.
A real estate sales recession may be underway in Phoenix, Arizona, as home sales have plummeted by 40 percent, according to real estate analyst John Wake, although other data suggests a different trend in the housing market.
The AUD/USD pair fell below 0.6500 as risk aversion increased, driven by a stronger USD and fading expectations of a rate cut by the Fed in March, while the Reserve Bank of Australia (RBA) is expected to keep interest rates unchanged at 4.35%.
JPMorgan warns that the increasing dominance of stablecoin tether (USDT) is negative for the crypto ecosystem due to regulatory risks and lack of compliance, creating an opportunity for other stablecoins like USD Coin (USDC) to gain market share.
Dutch parent company Yandex N.V. is selling its remaining Russian businesses at a discount due to sanctions imposed following Russia's invasion of Ukraine, with the transaction valued at around $5.2 billion, roughly half of its market capitalization. The sale is a result of a mandatory discount rule imposed by the Russian government on parent companies incorporated in "unfriendly" countries, including the Netherlands. Yandex N.V., known as "The Google of Russia," will no longer use the Yandex brand as it offloads all assets linked to Russia.
The January Barometer, which suggests that the performance of stocks in January predicts the overall performance for the year, has shown some statistical support, but it is not considered a reliable indicator due to its limited data and the changing dynamics of the market, with new regulations and technologies.
Unichem Lab reports a net profit of Rs 84 crore in Q3, Alembic Pharma's net profit soars 48%, and LIC's market-cap crosses Rs 6 lakh crore.