Day Trading Penny Stocks: Tips on Finding the Best Penny Stocks for Day Trading
Whether you’re looking for a bit of extra income on the side or want to make a living investing full-time, day trading is one of the most popular approaches. It’s clear to see why, you can make solid returns each and every day, often in just a few hours of work. But when you’re first getting started, capital might be [...]
Arm Holdings Stock Falls Despite Strong Q2 Earnings: Should You Buy ARM?
Arm Holdings (ARM) has had a rocky ride in the market lately, especially after the release of its fiscal Q2 2024 earnings. While the results beat Wall Street expectations, the stock took a bit of a tumble afterward. In its latest earnings report, Arm showcased a revenue of $844 million, which marked a 5% year-over-year increase and exceeded the [...]
Tesla Stock Surges Following Trump’s Election Victory: What You Need to Know
Tesla Inc. (TSLA) shares jumped an impressive 14.5% following Donald Trump’s recent election victory, reaching $287.93, marking a significant moment for the electric vehicle maker. This surge pushed Tesla’s market cap above $900 billion for the first time since July 2023. Investors are feeling optimistic about what Donald Trump’s election could mean for Tesla, especially given CEO Elon Musk’s [...]
Palantir Technologies Soars Following Impressive Q3 Earnings: Should You Consider Buying PLTR?
Palantir Technologies (PLTR) is making waves this week as its shares jumped 13.7% in after-hours trading on Monday, thanks to a standout third-quarter earnings report that exceeded expectations across the board. The company reported a revenue increase of 30%, hitting $726 million—far surpassing Wall Street’s forecast of $704 million. Not to mention, net income reached a record $144 million, [...]
Weekly Market Recap: Earnings Expectations and Tech Sentiment Drive Volatility
Monday: Wall Street began the week with optimism as investors looked forward to major tech earnings releases. The Dow rose by 0.7%, while both the S&P 500 and Nasdaq increased by 0.3%, reflecting positive sentiment in the markets. Tuesday: A lower-than-expected JOLTS report weighed on market sentiment, resulting in mixed outcomes. The Dow fell 0.4%, the S&P 500 managed [...]
Super Micro Computer (SMCI) Sinks 40% Amid Auditor Resignation and DOJ Probe: Is It Time to SELL?
Shares of Super Micro Computer (SMCI) have taken a steep fall, dropping over 40% after news broke that Ernst & Young (EY), the company’s auditor, has resigned. This comes on the heels of a DOJ probe, raising serious questions for investors. SMCI’s tumble this past week has added to its already shaky year. While the AI server maker has [...]