As per Bank of America’s research, Nvidia is one of the stocks that are worth considering for further investment. The company has seen significant growth in its shares, more than doubling in 2024. The firm believes that Nvidia, being an artificial intelligence darling, is well positioned for additional gains in the future. With the AI
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In recent times, utility stocks have experienced a significant surge, becoming the best performing sector in the S & P 500 over the past three months. Despite this rally, these stocks are still considered relatively affordable, offering investors an opportunity to gain exposure to the artificial intelligence trend and hedge against a slowing economy. Goldman
The inception of Yotta in 2019 was motivated by a noble cause: providing Americans with a novel way to save money and be better prepared for life’s uncertainties. However, this vision took a sharp turn when a dispute between Synapse and Evolve Bank led to the freezing of accounts for numerous customers, including those of
The recent changes in the Russian government’s requirements for mandatory sales of foreign currency for exporters highlights a shift in policy aimed at stabilizing the rouble. President Vladimir Putin imposed capital controls in October to address capital outflows and limited foreign currency supply. The measures targeted companies in the fuel, energy, metal, chemical, timber, and
In recent years, the world of cryptocurrency has expanded beyond traditional coins like Bitcoin and Ethereum to include meme coins with unique themes and communities. One such project making waves in the cryptocurrency space is Penguiana, a penguin-themed meme coin built on the Solana blockchain. The project has achieved remarkable milestones, including hitting an all-time
The recent market sell-off has disrupted the winning streak that the S & P 500 has been experiencing, presenting both challenges and opportunities for investors. While all three major averages are currently on track for losses on the week, there is potential for investors to gain exposure before a possible rebound. The S & P
The semiconductor industry has seen tremendous growth and profitability in recent years, attracting many investors looking to capitalize on this trend. However, as with any investment, there are inherent risks that come with investing in this sector. Recently, there have been signs of potential profit taking in key semiconductor stocks such as Nvidia (NVDA), signaling
UBS recently unveiled a list of its top energy picks for the remainder of the year, featuring a mix of established players and emerging stars in the sector. This article will dive into the details of the firm’s recommendations and explore the reasons behind their confidence in these particular stocks. NextEra Energy and First Solar
Maryland’s credit rating outlook has recently been changed to negative by Moody’s, citing concerns over the depletion of the state’s general fund surplus. This downgrade comes despite the state’s issuer and general obligation bond ratings remaining at Aaa. The looming structural imbalances and planned depletion of reserves are highlighted as key areas of concern that
The rivalry between oil giants Exxon Mobil and Chevron over lucrative offshore oil assets in Guyana has been a key focal point for investors. Kevin Holt, a senior portfolio manager at the Invesco Energy Fund, believes that the outcome of this feud could significantly impact the performance of both stocks in the coming year. While