Sunday, November 24, 2024
Apple (AAPL) became a $1 trillion company in August 2018, and two years later—August 19, 2020—became the first company to be valued at $2 trillion. Then, the tech giant started out 2022 with a bang. On Monday, January 3, AAPL shares rose by 3% intraday, taking it past the latest milestone—$3 trillion. Apple had briefly […]
Although normally an active options stock, there was significantly more volume than usual in Intel (INTC). The semiconductor giant saw almost 500,000 options trade on a big day last week, with 72% of the action on the call side. One interesting trade from the day was a very bullish three-legged spread where a put was […]
I predict in 2022, we could see some sluggishness to the S&P 500 as it hits all-time highs. But what about tech? Many tech stocks like Zoom, Peloton have seen their valuations obliterated over the last 3 months. Still, tech overall has matched the S&P 500 in returns over the last 2 years… However, while […]
Market volatility is back and it has resulted in quite a bit of options action. One options chain that has been very active lately is Twitter (TWTR). The popular microblogging site has seen its stock drop substantially since the latest earnings release. Just this week, current CEO Jack Dorsey announced he is stepping down to […]
The 3D printing industry is a fascinating look at how technology has accelerated since the adoption of the space from just five or six years ago. New applications like polymer printing and other innovations that include aerospace, medical and construction have created a wider range of potential items that can now be produced. Simply put, […]
With global leaders demanding millions of electric vehicles (EVs) hit the roads over the next decade, Market Research Future predicts the electric vehicle market will soar to $957.42 billion from $208.95 billion, as noted by TheStreet.com. “Tax breaks, non-monetary benefits such as new car registration and carpool lane access, increased vehicle range, active participation of […]
Investors may want to pay close attention to the metaverse. As Meta Platforms’ (FB) Mark Zuckerberg defines it, according to CNBC, the metaverse is “a sci-fi concept whereby humans put on some sort of headset or smart glasses that allow them to live, work, and play in a virtual world.” Granted, the metaverse isn’t “alive” […]
According to NVIDIA CEO Jensen Huang, for example, demand could exceed supply through 2022. Intel CEO Pat Gelsinger says the shortage won’t end until 2023. “We’re in the worst of it now, every quarter, next year we’ll get incrementally better, but they’re not going to have supply-demand balance until 2023,” he told The Independent. STMicro […]
Cryptocurrencies have been red hot, as we noted on November 5. So it came as no surprise when Bitcoin hit a new all-time high of $66,566 a day later. The surge is all thanks to retail and institutional interest, as well as JP Morgan, which says Bitcoin could be headed to $146,000. “The re-emergence of […]
Many technology stocks share a similar fate: they are at the mercy of unrealistically high expectations from Wall Street. If they don’t meet these “pie-in-the-sky” expectations, their stock is savaged. We saw a perfect example of this recently with Twilio (TWLO). This company provides tools to firms, such as Uber, that want to integrate their […]
