The tech-heavy Nasdaq Composite index had its worst week since April, which was sparked by the revelation of a well-known hedge fund manager’s bearish bets on popular AI stocks Nvidia and Palantir. The S&P 500 and tech-heavy Nasdaq Composite indexes declined by about 1.6% and 3%, respectively, this week. The Dow was also down over…
After quite a disappointing week for the broader market, several very beaten-down names in the S & P 500 could soon be due for a trading bounce, according to one popular technical metric. All three major U.S. indexes ended the week in the red, with the Nasdaq notching its worst week since April. Investors have…
Palantir is growing fast, but it isn’t likely to catch these giants. Palantir Technologies (PLTR +1.65%) stock has been absolutely incredible for investors over the past few years. It’s up nearly 400% over the past year alone, reaching a market cap of $475 billion at the time of this writing. If it continues on its…
There’s no need to break the bank to get your hands on excellent dividend payers. The stock market caters to investors with almost any budget, especially with online brokers offering commission-free trading and fractional shares. Even with a modest sum, you can find quality stocks across many investing styles: growth, value, buy-and-hold, and, of course,…
Ed Yardeni of Yardeni Research has long been ultra-bullish on U.S. stocks. Over the past three years, the bulls have won the day on Wall Street. The S&P 500 index still has a chance to register three consecutive years of at least 20% gains, something that has rarely occurred before. Some strategists and pundits think…
Quantum computing is a subset of computer science that aims to revolutionize the power of computers by replacing the traditional bit (which can be only in one of two states) with the qubit, which can be in multiple states simultaneously. The science is tricky. But if it works, it could transform the economy by allowing…
An upcoming event may not result in gains for Nvidia. Nvidia (NVDA +0.04%) has become the stock market’s biggest star, delivering a 1,200% gain over the past three years, but the company’s fame isn’t due to this performance alone. It’s also linked to this player’s key position in one of today’s biggest growth markets —…
young man standing in front of the projection reflected stock market | Image Credits:Getty Images A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence. The Wall Street Journal reports that the Nasdaq Composite Index was down 3% — making this its worst week since President Donald Trump announced…
This week’s highlights: Want to stay informed with market insights and investing ideas from Morningstar? Sign up for my weekly Smart Investor newsletter here. “Trees don’t grow to the sky.” This has always been one of my favorite Wall Street aphorisms, courtesy of an old bond market source. This past week, we’ve seen it play…
It was a terrible start to November on Wall Street. The tech-heavy Nasdaq sank just over 3% in its worst weekly performance since early April. The S & P 500 fell 1.6% for the week. Both stock measures broke three-week winning streaks.This week’s market decline, which followed a strong October, can be chalked up to…