Always keep an eye on stock splits. Look at Walmart (WMT), for example. Back in February, the stock split 3:1 after the market closed on Friday, February 23. Post-split, we expected the stock to trade even higher because “cheaper” shares…
Apple (AAPL) is winding down its electric vehicle efforts, we said a few weeks ago. All for generative artificial intelligence – a market that could be worth about $1.3 trillion by 2032, according to Bloomberg Intelligence. “Rising demand for generative…
Keep an eye on oil stocks, like Exxon Mobil (XOM). With the warmer months ahead, travel plans, and now a supply deficit forecast for this year, oil and related stocks could gush even higher. Last trading at $81.04, oil could…
Elon Musk has got it all wrong in suing OpenAI for allegedly breaching its artificial intelligence founding agreement. That is the stance held by OpenAI investor Vinod Khosla, who insists the billionaire investor cannot find his way into revolutionary technology…
It’s a big payday for Nvidia directors who have started cashing in on the chip giant's meteoric rise. Immediate regulatory filings indicate that Tench Coxe and Mark Stevens are the latest to sell $180 million worth of shares in the…
It’s tax time. As one of life’s two certainties, tax season can be the most, well… taxing, we noted on February 12. These days, far too many of us are unwilling to do our own taxes, so we leave it…
Microsoft Corporation's recent decision to divest the Toys for Bob video-game studio, two decades after its acquisition by Activision, marks a significant shift in the gaming industry landscape. Founded in 1989, Toys for Bob has been renowned for its hits…
If you’re looking for trading opportunities, track Congress. Granted, your elected officials don’t have to disclose what they bought for about 30 to 45 days after the transaction, per the STOCK Act. Oftentimes, they disclose sooner than that. Part of…
Staring stiff competition from Chinese automaker BYD, Elon Musk has revisited plans for the much-awaited Tesla Roadster. It’s been nearly six years since the Tesla executive announced plans for the performance car, whose plans have been shelved over the years.…
Oil prices are nearing $80 a barrel thanks to heightened tensions in the Middle East. According to reports, Houthis continued attacks in the Red Sea and the Bab al-Mandab Strait with about four vessels hit by drone and missile strikes.…