Category: Industry News

Upcoming Quarterly Reports 8/5 – 8/9 2024 (Week 32)

The quarterly reports keep coming hard and fast. Get your info here and make your picks in our weekly contests! Just be wary of the the Small-cap section, there is just over 1,000 companies making reports this week! Medium-cap Small-cap Large-cap 08/05/24 SMFG Sumitomo Mitsui Financial Group CSX CSX PLTR Palantir Technologies WMB The Williams… Continue reading Upcoming Quarterly Reports 8/5 – 8/9 2024 (Week 32)

Tech Titans Stumble: Nvidia Leads the Decline

The tech sector, once a beacon of unwavering growth, has encountered turbulent waters in recent weeks. Nvidia, often hailed as the poster child of the AI revolution, has been at the epicenter of this downturn. The stock has experienced a significant pullback, shedding -16% of its value in the past month. Several factors have converged… Continue reading Tech Titans Stumble: Nvidia Leads the Decline

AI Threat Looms Large as Video Game Performers Prepare to Strike

Los Angeles, CA – The gaming industry is on the brink of a potential upheaval as SAG-AFTRA, the union representing voice actors and motion capture performers, prepares to strike on Thursday, August 1st. At the heart of the dispute is the rapid advancement of artificial intelligence (AI) and its potential to replace human talent. While… Continue reading AI Threat Looms Large as Video Game Performers Prepare to Strike

Upcoming Quarterly Reports 7/29 – 8/2 2024 (Week 31)

We’ve got quite the list this week so we hope you are ready.  Get your info and hop over to our weekly contest to and make your picks for next week. As always, we will start with the Large-cap companies and work down from there. If you want to see the Medium and Small-cap companies,… Continue reading Upcoming Quarterly Reports 7/29 – 8/2 2024 (Week 31)

CrowdStrike Stock Slumps After Software Update Triggers Global Outage

CrowdStrike investors are facing a double whammy. The cybersecurity company’s stock price has been spiraling downwards after a faulty software update triggered a global outage that impacted millions of computers. The incident wasn’t a traditional “crash” but rather a consequence of a bug introduced in a CrowdStrike update designed for Microsoft Windows systems. This bug… Continue reading CrowdStrike Stock Slumps After Software Update Triggers Global Outage

Prime Day Paradox: Strong Sales Amidst Stock Decline

Amazon’s annual Prime Day extravaganza is once again upon us. The two-day shopping bonanza is traditionally a sales behemoth for the e-commerce giant, and this year is no exception. Early reports indicate robust spending, with categories like back-to-school supplies seeing a significant surge. However, despite the anticipated sales frenzy, Amazon’s stock price has been trending… Continue reading Prime Day Paradox: Strong Sales Amidst Stock Decline

Kaspersky Lab Banned: Market and Policy Concerns

The cybersecurity landscape in the US is facing a shakeup following the Department of Commerce’s decision to ban Kaspersky Lab in June 2024. Citing national security concerns due to Kaspersky’s Russian origin, the government worried the company could be compelled by Russian law to hand over user data. Kaspersky has consistently denied these allegations. This… Continue reading Kaspersky Lab Banned: Market and Policy Concerns

Trading Strategies: Penny Stocks, A Road to Riches?

Penny stock trading involves buying and selling shares of small companies that trade for less than $5 per share. These companies are often young, in emerging industries, or haven’t quite hit their stride yet. Penny stocks can be attractive to investors for a few reasons. Firstly, the low share price means you can buy a… Continue reading Trading Strategies: Penny Stocks, A Road to Riches?

Billionaires Betting on New AI Horses: Why They’re Leaving Nvidia Behind

Nvidia, the undisputed leader in graphics processing units (GPUs), has long been seen as a top holding for investors looking to capitalize on the booming artificial intelligence (AI) market. However, a recent move by some hedge fund billionaires has raised eyebrows. These investors have been trimming their Nvidia holdings while snapping up shares in Palantir… Continue reading Billionaires Betting on New AI Horses: Why They’re Leaving Nvidia Behind

Trading Strategies: Pyramiding

Pyramiding is a trading strategy where you gradually increase your position size in an asset that’s moving in your favor. Imagine a pyramid being built, one level at a time. In this analogy, each level represents adding more to your position as the price goes up (for long positions) or down (for short positions). Here’s… Continue reading Trading Strategies: Pyramiding

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