The shares of the autonomous driving software solutions provider Cyngn (CYN) have been skyrocketing in price after the company unveiled its new turnkey autonomous vehicle solution, DriveMod Kit. However, given the company’s weak fundamental positioning, will the stock be able to sustain its gains? Keep reading. Autonomous vehicle (AV) technology company Cyngn Inc. (CYN) in…
The stock market is in the midst of a brutal correction. Despite Monday’s bounce, investors should remain cautious as there remains a considerable downside risk. Read on to find out how the POWR Growth portfolio continues to outperform the S&P 500 (SPY). shutterstock.com – StockNews (Please enjoy this updated version of my weekly commentary published…
Monday stocks retested the S&P 500’s (SPY) lowest levels of the 2022 correction. Yes, shares bounced higher into the open. Unfortunately that tells us nothing about what comes next. So let’s explore what is causing stocks to push to new lows…what the tea leaves say about where stocks go from here…and our trading plan to…
The near-term market outlook remains cloudy. While the S&P 500 is about 3% above its late-February lows, the Nasdaq and Russell 2000 have already undercut these levels. Below are 3 such stocks that investors should consider buying during this market correction: Anthem (ANTM), Pfizer (PFE), and Builders FirstSource (BLDR). shutterstock.com – StockNews The near-term market…
Opinions expressed by Entrepreneur contributors are their own. Takeaways from this episode: Culture Exposure is a Creative Muse — Nina Manchev has a love for Bulgaria. Even more, she has a passion for sharing her culture with other people, which is the foundational inspiration for her restaurant, Forte Tapas in Las Vegas. Food is a…
In today’s show, Kate chats with Bill Studebaker, president and chief investment officer at ROBO Global ETFs, an index, advisory, and research company focused on fast-growing industries including robotics, artificial intelligence, and healthcare technology. In this interview, Kate and Bill discuss: What is causing robotics and A/I to decline at a faster rate than the broader market?How…
Fifteen months ago, Teladoc Health, Inc. (NYSE: TDOC) could seemingly do no wrong. The virtual healthcare provider’s stock climbed above $300 amid surging interest in all things remote. MarketBeat.com – MarketBeat Little has gone right since for the former pandemic superstar. Hospital and health clinic facility reopenings and a wave of competition have sunk the…
Saia Moves Lower On Strong Earnings LTL-shipper Saia’s (NASDAQ: SAIA) revenue growth accelerated for the 3rd consecutive quarter and to a new high but it may not matter. The truckers have been trading like a recession is already here and, based on the FOMC outlook, one may actually be on the way. Until then, demand…
Software development applications platform Gitlab (NASDAQ: GTLB) stock has fallen over (-60%) from its $137 high on Nov. 9, 2021. The best-of-breed DevOps platform had a strong following heading into its IPO in October 2021. DevOps is a process that optimizes the systems development process combining software development and IT operations, thus the term DevOps.…