Stock Research

Nasdaq 100 has rallied over 30% this year as artificial intelligence continues to attract investors into the big cap tech stocks. Professor Siegel’s view on AI stocks More importantly, the AI-driven rally is not over just yet, as per Jeremy Siegel – Professor of Finance at the Wharton School of the University of Pennsylvania. On… Continue reading Professor Jeremy Siegel on AI stocks: ‘it’s not a bubble yet’

The Nasdaq is the world’s largest electronic stock exchange and second-largest stock exchange globally in terms of market capitalization behind the New York Stock Exchange (NYSE).  It was founded in 1971 and is headquartered in New York City. The Nasdaq stock exchange lists over 3,500 companies, including many of the world’s leading technology companies. The… Continue reading Nasdaq statistics in 2023

U.S. stocks will be in focus this week after Republicans agreed in principle with the White House to raise the debt ceiling. What does it mean for the U.S. stocks? The said development is a major step forward in preventing a default. Still, the Head of Investments at Generali Insurance Asset Management – Antonio Cavarero… Continue reading Debt ceiling deal: will the U.S. stocks rally this week?

American Express Company (NYSE: AXP) ended 4.0% up on Friday after a Morgan Stanley analyst said it was a top pick in financial services. American Express stock should be worth $188 Betsy Graseck agreed that the multinational is not seeing its revenue grow as strongly as it did just after the pandemic. Still, she’s convinced… Continue reading American Express stock could rally 20% from here: Morgan Stanley

After weeks of negotiating a deal to raise the debt limit to avert default, Democrats and Republicans announced a tentative deal has been reached. The plan is to put it to vote on Wednesday, but the optimism is there, and one can assume that from now on, the only thing to work on is details.… Continue reading US debt ceiling raised after White House and Republicans reach tentative deal

If you follow IPO news, then you’ll know that every year sees a handful of companies considering initial public offerings have generated the most buzz among stock market investors. In most cases, the anticipation is always around companies seen as having the potential to be major players in their respective industries.  In 2023, there are… Continue reading Interesting IPO statistics & the 10 most anticipated IPOs of 2023

Nasdaq Composite is in focus this morning after the U.S. Bureau of Labour of Statistics said the core personal consumption expenditures price index was up more than expected in April. What today’s inflation data means for tech stocks For the month, the Fed’s preferred inflation gauge rose 0.4% – supporting the narrative that rates could… Continue reading U.S. PCE data: tech stocks could ‘continue to run up’

Nvidia Corporation (NASDAQ: NVDA) seems to be in a league of its own in terms of capitalising on rapid growth in artificial intelligence, as per the famed investor Jim Cramer. Jim Cramer is now all praise for Nvidia stock Earlier this week, the semiconductor behemoth guided for about $11 billion in revenue for its current… Continue reading Nvidia made Cramer go from ‘it’s a loser’ to it has ‘no competition’ in 8 months

JPMorgan Chase & Co (NYSE: JPM) is working on a software similar to ChatGPT that will use artificial intelligence to offer investment advice. Here’s what we know so far On Thursday, the financial services behemoth filed with the U.S. Patent and Trademark Office (PTO) to trademark IndexGPT – a tool that the filing defines as:… Continue reading JPMorgan may soon launch an AI tool similar to ChatGPT