With the announcement of Apple’s (NASDAQ:AAPL) new approach to artificial intelligence (AI) called Apple Intelligence, three of the biggest cloud computing stocks are about to reach the next level of consumer exposure. That’s because Apple is now moving toward offering on-device, artificial intelligence through a partnership with OpenAI for its ChatGPT platform. While the AI
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Today, we’ll explore three stable blue-chip stocks to buy. As the earnings season approaches, Wall Street is getting readyfor potential market volatility. With the S&P 500 and Nasdaq 100 already up 18% and 21% this year, respectively, it’s clear that market fortunes can shift rapidly. In uncertain times like these, blue-chip stocks provide a reliable anchor, offering stability and resilience when the
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The financial services industry is one of the most essential sectors in the world, but it remains littered with legacy processes and barriers to digital transformation. However, emerging technology and the recent artificial intelligence (AI) boom have helped accelerate a fintech market full of potential.  Having recorded a value of $294.74 billion in 2023, the
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Advanced Micro Devices (NASDAQ:AMD) has yet to re-hit its high-water mark set earlier this year, but as bullishness for AMD stock continues to build again, reaching its all-time high may well be within reach in the immediate term. Right now, several weeks ahead of the AI chip contender’s upcoming quarterly earnings release, shares are surging.
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Knowing the dynamics of AI stocks is increasingly crucial as the technology continues to integrate across industries. As the market enters July, evaluating AI-focused companies’ performance and potential pitfalls becomes paramount. Here are three companies grappling with distinct challenges amidst their AI-driven strategies. The weakening fundamentals may lead to a massive downfall in their market
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Chipotle Mexican Grill (NYSE:CMG) is known for generously sized burritos — or at least, the company used to be known for big burritos. In the world of consumer goods, perception is reality, and the public’s perception of Chipotle isn’t ideal. Investors shouldn’t be too hungry for Chipotle stock in July. In the wake of Chipotle’s much-talked-about 50-for-1
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Faraday Future (NASDAQ:FFIE) reminds me of four other, largely unsuccessful electric-vehicle makers: Workhorse (NASDAQ:WKHS), Mullen (NASDAQ:MULN), Canoo (NASDAQ:GOEV), and Nu Ride (OTCMKTS:NRDE), formerly known as Lordstown Motors. Like those other firms, Faraday talks a great deal about unimpressive future plans and partnerships that are either unremarkable or unspecific or both. And similar to its troubled
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Meme stocks – you know them as social-media-inspired securities that tend to be speculative. Generally speaking, it’s difficult to suggest otherwise. We’ve seen tons of money poured into failing or at least deeply struggling businesses. The idea is that if enough people wager on the upside, the target company could once again rise to prominence.
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Consumer spending makes up 70% of the GDP and is a driving force of the global economy. Without consumer spending, companies go out of business and lay off workers. People spending less money can create a negative feedback loop for the economy until the course reverses. While fads come and go, some companies continue to generate
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As the world accelerates toward a greener future, lithium has become a cornerstone of the burgeoning electric vehicle (EV) market and large-scale battery storage solutions. With global EV sales surging and governments worldwide instituting aggressive carbon reduction goals, the demand for lithium is expected to skyrocket, making lithium stocks a compelling investment choice for forward-thinking
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