ALPS Clean Energy ETF offers a diversified portfolio with leading electric vehicle companies. Read why I will assign a buy rating to ACES ETF...
Continue ReadingThe L1 Capital Catalyst Fund returned -6.8%1 for the June quarter (ASX200AI -1.1%). Click here to read the full report...
Continue ReadingRetirement strategies are not one-size-fits-all due to individual variables like nest egg size, lifestyle costs, and goals. Read more to see my thoughts...
Continue ReadingShares of Tesla (TSLA) recouped its losses from the beginning of the year after 11-straight days of gains, only to turn negative after reports of the company pushing back the unveiling of its robotaxi to October. In addition, Elon Musk's xAI recently ended talks with Oracle (ORCL) for a potential $10 billion server deal to build out its infrastructure. As AI competition from Big Tech names like Alphabet (GOOG, GOOGL) and Microsoft (MSFT) heat up, can Musk's new company keep up or will it eclipse them entirely? Deepwater Asset Management managing partner Doug Clinton joined the show to give insight into Musk's abilities and the performances of his companies. The so-called Magnificent Seven - Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta (META), Microsoft (MSFT), and Tesla (TSLA) - had their worst day in about a year as many of these names closed the day in the red. While AI is all the rage in boardroom meetings and earnings reports, actual adoption may not be as widespread as the impression the corporate world is giving off. Goldman Sachs found artificial intelligence adoption to be muted as companies are still exploring how to integrate large language models. Lots of companies want to get into the weight-loss drug market. Portal Innovations Co-Founder and CEO John Flavin stopped by to discuss how venture capitalists are investing in the space. For more expert insight and the latest market action, click here...
Continue ReadingShares tumble on the news, lead overbought tech stocks lower, and batter the value of Elon Musk's holdings...
Continue ReadingOne product investors were very excited about might be delayed...
Continue ReadingIt's full steam ahead for stocks (^DJI, ^IXIC, ^GSPC) seeking to close out the day after taking in Thursday morning's Consumer Price Index (CPI) report for the month of June. Julie Hyman and Josh Lipton have compiled the perfect itinerary of top industry movers and market themes for active investors in today's episode of Market Domination. The show starts off with Hennion & Walsh CIO Kevin Mahn outlining the next big sector that could play a pivot role in the AI trade: utilities (XLU) State Street Global Advisors chief economist Simona Mocuta explains where risks may still lie for US consumers in the current economic environment as Federal Reserve officials prepare to possible cut interest rates. Yahoo Finance senior columnist Rick Newman later comes onto the program to discuss how close President Biden is to completing his four-year term without a recession, and while the Fed nears its 2% inflation target to boot. Other top trending tickers on the Yahoo Finance platform include Delta Air Lines (DAL) since reporting second quarter earnings this morning; QuantumScape (QS) and Volkswagen (VOW.DE, VWAGY) after forming a partnership on lithium EV batteries; and Tesla (TSLA). This post was written by Luke Carberry Mogan...
Continue ReadingThe Magnificent Seven — the grouping of premier tech stocks Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta Platforms (META), Microsoft (MSFT), and Tesla (TSLA) — had their worst day in over a year, with Tesla snapping its 11-day winning streak after reports of the company pushing back its robotaxi unveiling date. In addition, retail investor cash sitting on the sidelines has hit a record high, reaching over $2 trillion. Yahoo Finance senior markets reporter Jared Blikre joins Asking For A Trend to break down the latest market trends for July 11. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Nicholas Jacobino...
Continue ReadingShares of Tesla (TSLA) recouped its losses from the beginning of the year after 11-straight days of gains, only to turn negative after reports of the company pushing back the unveiling of its robotaxi to October. Deepwater Asset Management Managing Partner Doug Clinton joins Asking For A Trend to give insight into Tesla's recent performance and its delay of the robotaxi unveiling. "The first thing I would say is nothing is official in Tesla-land until you hear it from Elon himself. Because what sort of led to this event in the first place was a Reuters report several months ago that the Model 2 was going to be canceled. Elon said that that is false. And then he followed up saying that we're going to have a robotaxi event in August. We haven't seen Elon tweet anything yet. I just checked before we jumped on-air here, he hasn't said anything about the event yet, so who knows what could happen." says ClintonHe follows that up with: "What the stock has been doing more recently is it's been reflecting the hype and the excitement that investors are having for Tesla and what might come in terms of this robotaxi and what that ultimately might mean for the model. And Tesla, more than any other stock, is such a powerful religion" For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Nicholas Jacobino...
Continue ReadingGoogle stock hit a new intraday high on July 10 but closed down. High flying tech stocks pulled back on July 11 as the “AI trade” came under increasing scrutiny...
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