Having almost faced bankruptcy in 2022, Carvana, the online used car marketplace, has rebounded. Its stock has shot up by an incredible 863% in 2023 up to the end of July, an outcome most investors dream of achieving over ten years, let…
Emerging from a bearish phase, Lam Research is catching attention. Although there’s significant buzz around semiconductor design stocks and tech giants optimistic about generative AI services like ChatGPT, the financial excitement hasn’t immensely impacted the broader economy—yet perhaps things are changing. This…
The company is gradually making strides, though it still needs to go the extra mile to win investors’ trust ultimately. As someone who has previously criticized 3M’s (NYSE: MMM) management for falling short of its projected targets and the persistent decrease in…
In July, there was a notable rise in new car registrations, with one out of every five new cars being equipped with an electric drive. However, this surge in interest in electric cars may soon face a decline. According to the Federal…
The recent developments surrounding the aerospace and defence titan may have dismayed some investors, yet its robust underpinning growth remains intact. RTX (NYSE: RTX), formerly known as Raytheon Technologies, revised its annual sales and earnings projections upward with its Q2 report issued…
These biotechnology stocks could substantially outshine the overall market. The growth stocks are on a remarkable upward trajectory in 2023. Illustrating this, growth-centric funds such as ARK Innovation ETF and Vanguard Growth ETF have greatly surpassed the market performance this year. Which…
Twitter has transitioned from its emblematic blue bird logo to a new “X” symbol. The white “X” against a black backdrop now graces the desktop version of the social media platform, with changes for the mobile app version yet to be unveiled.…
The current scenario for Wayfair stock is tricky. Investors are torn over Wayfair’s (NYSE: W) stock situation. Despite its shares more than doubling this year up to early July, the store remains over 70% lower since reaching its peak during the pandemic.…
The successful run of this REIT continues this year. Real estate investment trusts (REITs) present a lush landscape for those seeking income investments. This is attributed to REITs’ business model, which permits them to bypass corporate income tax, provided they dispense 90%…
The AI landscape in 2023 has been a confusing blend of reality and hype, yet Microsoft seems to be charting a course toward substance. Microsoft’s shares (NASDAQ: MSFT) experienced a 4% boost on Tuesday following the revelation of the company’s pricing for…