WISE is the best-performing ETF of December. Let's find out which stocks made it a top performer...
Continue ReadingPiper Sandler managing director and chief market technician Craig Johnson joins Josh Lipton on Market Domination. He suggests that, although stocks like Apple are trending upward, the "Magnificent Seven" — which comprises Nvidia (NVDA), Alphabet (GOOG, GOOGL), Tesla (TSLA), Microsoft (MSFT), Amazon (AMZN), Meta (META), and Apple (AAPL) — may become the "lag seven" in 2025 as "the relative performance has not been nearly as strong." Johnson shares his strategy for navigating the shifting tech landscape in the coming year. "I would rather see investors — and I suspect this will happen as you get into early 2025 — taking some, not all, but some of their profits out of those larger cap stocks, reducing those positions, and then again, recognizing some of those gains that they may not have wanted to recognize in 2024 and [shifting] down cap, looking at stocks like Twilio (TWLO)." He also highlights Robinhood (HOOD) as an opportunity for investors, given the "more friendly crypto policy from the new administration." Johnson advises viewers not to forget optical companies, like Coherent (COHR), which "could be a better place to put some money to work." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan...
Continue ReadingAll three major US stock indexes were down more than 1% in late-morning trading Friday, as the marke...
Continue ReadingWedbush analysts predict a "golden era" for Apple as AI-driven upgrades boost iPhone sales and services revenue...
Continue ReadingOpenAI says its corporate structure must evolve to advance its mission of ensuring artificial general intelligence (AGI) — AI that can complete most tasks humans can — benefits all humanity. OpenAI currently has a for-profit org controlled by a nonprofit, with a "capped profit" share for investors and employees. But in a blog post published Friday, the company says it plans to begin transitioning its existing for-profit into a Delaware Public Benefit Corporation (PBC), with ordinary shares of st...
Continue ReadingTrump, AI, and China Helped Tesla Soar, But Can It Keep Up With The Hype?...
Continue ReadingShares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 4.6% in the morning session after the major indices declined sharply (Nasdaq down 1.9%, S&P 500 down 1.1%) as investors appeared to be locking in some gains in a year marked by significant progress in the Fed's effort to deliver a soft landing—taming inflation without causing more damage to the economy—despite early signs of weakness in the labor market...
Continue ReadingMicrosoft-backed (MSFT) OpenAI is looking at reorganizing itself to become a Delaware public benefit...
Continue ReadingOpenAI plans to shift its for-profit entity to better align with its AGI-focused mission...
Continue ReadingFrom Nonprofit to PBC: Why OpenAI's Restructuring Could Redefine AI's Future--and Its Own Survival...
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