Zooming higher to the tune of 12.25% on May 22 and holding steady at yesterday’s close QuantumScape (NYSE:QS) stock may be popping back on your radar. To some, this sharp spike in the price of QS stock may seem like a sign that a comeback for shares in this electric vehicle battery technology company is …
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Source: Koshiro K / Shutterstock.com In times of economic uncertainty, it can be wise to invest in recession-proof growth stocks that have the ability to withstand downturns and offer financial stability. Ensuring a portfolio is both robust and has growth potential is crucial. This piece spotlights three exceptional growth stocks that possess these attributes, effectively …
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Navigating the tumultuous housing landscape can be a nerve-racking endeavor for long-term investors. With towering home prices, escalating mortgage rates, and a shrinking inventory, the echoes of a potential housing market crash are difficult to ignore. Hence, investors may want to consider which stocks to avoid, if the housing market tanks. The housing market’s health …
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Oil futures climbed on Friday, contributing to a more than 1% weekly gain in U.S. benchmark crude prices. The market saw a sharp decline Thursday on expectations that OPEC+ wasn’t likely to cut production at its meeting next month, but “the risk of further sharp falls is being mitigated somewhat by the fact that the …
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JP Morgan Chase & Co. JPM, +0.94% laid off about 500 workers this week, mostly in tech and operations, according to a report Friday. CNBC reported the cuts were spread across all divisions. Globally, the bank employs more than 296,000 workers at last check. In the meantime, JP Morgan Chase has about 13,000 open positions …
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Source: shutterstock.com/cono0430 Unless you’ve been off the grid for most of 2023, you know that artificial intelligence is the newest thing for investors. For investing in AI stocks, two of the biggest names that come to mind are Alphabet (NASDAQ:GOOGL) and Microsoft (NASDAQ:MSFT). The reason is advances in generative AI. Through its partnership with …
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There’s no denying that Shopify (NYSE:SHOP) stock hit a grand slam with the company’s quarterly results, released earlier this month. It’s also encouraging to know that Shopify plans to focus on its core e-commerce business and will cut costs by reducing its headcount. On the other hand, investors might want to take it slow with SHOP …
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