May 20, 2024
Investors

Gold Prices Are Tempting Traders. Use This Signal To Time Your Buys And Sells.

Gold prices, oil and commodities remain bright spots in a volatile market, with fears of slowing growth and stubborn inflation exacting a toll on stocks. But investors seeking the perceived relative safety of commodities should set up stops before rushing in. X Tom Basso, Enjoytheride.world founder and author, tells Investor Business Daily’s “Investing with IBD”

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Investors

AstraZeneca Stock Flirts With Breakout As Cancer Drug Sales Shine; Sanofi, Bristol Stocks Diverge

AstraZeneca (AZN) stock bolted higher Thursday — and is now within striking distance of a breakout — after its cancer treatments propelled a first-quarter beat. X The Cambridge U.K.-based drugmaker reported almost $5.11 billion in sales of its cancer drugs. Sales rocketed 23% on a strict, as-reported basis and 26% when excluding the impact of

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Investors

Tesla Stock: Three Reasons Why Shares Are Surging After Earnings

Tesla (TSLA) reported worse-than-expected first-quarter earnings and revenue late Tuesday. Investors appeared not to care, sending TSLA shares  more than 12% higher early Wednesday after Chief Executive Elon Musk signaled “more affordable” new models are on the way. Musk also predicted 2024 vehicle deliveries would be higher, stressing Tesla’s focus on full-self driving (FSD) during

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Investors

Dow Jones Futures Loom After Nvidia, Super Micro Plunge; Tesla Slashes Prices With Earnings Due

Dow Jones futures rose slightly Sunday night, along with S&P 500 futures and Nasdaq futures. Earnings from Microsoft (MSFT), Meta Platforms (META) and many more are on deck. Tesla, which reports Tuesday, slashed EV and FSD prices over the weekend. X The stock market suffered sharp losses in the past week. The Dow Jones actually

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Investors

Fed Rate Cut Odds: And Then There Was One

Fed rate-cut odds continued to decline over the past week, amid continued strong economic data and a notable shift from Fed chief Jerome Powell. X Markets pushed back the first Fed rate cut yet again, this time from July to September. And that’s by no means a sure thing. For the full year, markets are

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Investors

Donald Trump Stock DJT Vs. Elon Musk’s Tesla. Which Is The Better Meme Stock?

Donald Trump and Elon Musk are often compared. The former president and Tesla (TSLA) CEO are both billionaire populists on the right, with millions of die-hard fans and high negatives. But what about their respective stocks Trump Media & Technology (DJT) and Tesla? Which is the better meme stock? X GameStop (GME) and AMC Entertainment

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Investors

Tesla Cybertruck Deliveries Reportedly Halted

Tesla (TSLA) has halted Cybertruck deliveries, according to social media chatter, possibly to address a problem with the accelerator pedal. X In recent days, forums dedicated to the Tesla Cybertruck had several posters saying their upcoming deliveries were delayed or cancelled. Others had complained about the accelerator pedal getting stuck. Tesla does not have a

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Investors

Dow Jones Futures: Stock Market Breaks Expectations As Iran Fears Spike; What To Do Now

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. X The stock market rally sent mixed messages during the week, but ended on a bearish one. The Nasdaq set a record close Thursday as Nvidia (NVDA) and other megacap and AI stocks rebounded. But the S&P 500, Dow Jones

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Crypto

Coinbase Stock’s Bull Case: Staking And Beyond

Coinbase stock is more than just a crypto exchange for bitcoin believers. “Coinbase (COIN) is basically the largest venture-style bet in public markets since Tesla,” Will Clemente, founder of Reflexivity Research, told Investor’s Business Daily’s “Investing with IBD” podcast. “There’s a fundamental misunderstanding between Wall Street and crypto-native revenue vertices that the business has, that

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Investors

Apple Stock: AI iPhone Could See 5G-Like Upgrade Cycle

Apple (AAPL) stock could be due for a rerating when the consumer electronics giant comes out with its rumored AI-enabled iPhone this fall, a Wall Street analyst says. X Hedge fund investors are starting to warm to Apple stock, despite the company’s deteriorating fundamentals near term, JPMorgan analyst Samik Chatterjee said in a client note

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