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
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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
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
Thursday’s biggest calls on Wall Street saw a wide range of upgrades, downgrades, and initiations from various firms. These calls covered companies across different sectors, including healthcare, technology, finance, and more. Each call provided unique insights into the potential growth or challenges faced by the companies in question. Let’s analyze the key points from these
Nvidia, a major beneficiary of artificial intelligence technology, recently reported impressive financial results. However, in the days following the earnings report, the stock price has surged by approximately 20%. Year-to-date, the shares have more than doubled, rising by around 120%. As a result, Nvidia is now valued at $2.8 billion, positioning the graphics processing unit
The meme stock rally may have ebbed, but GameStop has once again emerged as a short-interest favorite in the market. As of the middle of the month, short interest in GameStop soared by 6% to more than 68 million shares, representing over 25% of its float. This resurgence came after “Roaring Kitty,” the retail investor
After failing to meet earnings estimates in February 2024, Boston Beer (SAM) has been on a continuous decline, reaching a new 52-week low recently. To confirm the bearish trend, two technical indicators are used: RSI (Relative Strength Index) and DMI (Directional Movement Index). RSI measures the momentum of a stock’s price movement, and in the
It is essential to manage expectations when it comes to using GLP-1 medications like Ozempic for weight loss. While these medications have shown promising results in helping patients drop pounds, it is crucial to understand that many individuals may still remain obese or overweight despite the weight loss. For some patients, particularly those aiming to
The idea of a nuclear renaissance has been spoken about in the past, but this time, there are indications that it might actually become a reality. According to Morgan Stanley, Curtiss-Wright, a company that provides essential components to nuclear plants, could be a significant player in this sector. The investment bank has raised Curtiss-Wright’s price
Morgan Stanley’s updated forecasts regarding the potential growth of Tuya, a U.S.-listed Chinese company that generates most of its revenue overseas, are quite optimistic. The Asia equity analyst team led by Yang Liu has not only increased the price target on Tuya but also expressed confidence in the company’s performance over the next 60 days.