One of the most important stocks in the market for active investors for decades (and passive investors as well, who own most market cap-weighted index funds) is the largest electric vehicle maker in the U.S.: Tesla (TSLA).
Humanoid robots are on display at the booth of U.S. chipmaker Nvidia during the 4th Supply Chain Expo in China.
Johannes Neudecker | Picture Alliance | Getty Images
Is tech’s biggest sleeping giant about to wake up?
Shares of Nvidia fought into the green despite a 5% sell-off in chip stocks tracked by the VanEck Semiconductor ETF (SMH),
» Read more about: As chip sector takes it on the chin, traders bet on a big Nvidia rally »
In the market, some investors have become hesitant to buy, and that reluctance is understandable. The Shiller cyclically adjusted price-to-earnings (CAPE) ratio is near record highs at 42, and the frothiness of some artificial intelligence (AI) stocks has investors fearing a pullback.
Nonetheless, investors need to remember that they can still find bargains related to AI,
» Read more about: 3 Tech Stocks That Are Screaming Buys as the Indexes Reach Record Highs »
Crude Jumps As U.S. Revokes Iran Authorization to Sell Oil
Oil futures were sharply higher as the U.S. revoked Iran’s license to sell oil in response to Iranian attacks on ships in the Strait of Hormuz.
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U.S. Revokes Waiver Allowing Sale of Iranian Oil
Oil prices jumped after the U.S.
Chevron beat Q1 EPS by 46% for the sixth straight quarter, powered by 15% production growth from the Hess acquisition, not $100 crude.
Exxon trades at $137 and Suncor at $55, while Chevron’s Wall Street consensus target of $217 sits well above its current price.
» Read more about: Oil’s $100 Threshold: What It Means for Energy Stocks Now »
Warren Buffett has never been shy about voicing his opinion on idle cash. As he explained in an op-ed written for the New York Times during 2008’s subprime mortgage meltdown, “Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.”
» Read more about: The Risk Warren Buffett Considers Worse Than Holding Cash »
When financial adviser James Smith meets a new client, one of his first tasks – particularly if they’re younger – is to get them to the “aha moment”.
That is when they realise just how powerful compounding is,
» Read more about: Three simple investing mistakes that limit high earners’ wealth »
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In some economic climates, maintaining access to your funds is the top priority, even if it means losing out on some profitable opportunities with select savings accounts or savvy investments.
» Read more about: How much interest can a 3-year CD account earn now? »
I’m old-fashioned when it comes to my stock indexes. I like the Dow Jones Industrial Average ($DOWI) best.
The S&P 500 ($SPX) and Nasdaq-100 ($IUXX) may be more popular,
Tesla (TSLA 3.63%) is a leader in the electric vehicle (EV) market, and a key metric many investors often look for is how many deliveries it made during the past quarter. Strong delivery numbers can be a great sign of rising demand and that the business is doing well.
» Read more about: Why strong delivery numbers may not be enough to give the stock a boost »