Just today, artificial intelligence (AI) tricked me. I was listening to YouTube when a great cover of “Goodbye Yellow Brick Road” by Paul McCartney caught my attention. The only catch? Sir Paul has never recorded the song — it was an AI creation. Yet, I, a Beatles mega-fan, couldn’t tell the difference. The world is changing, and AI is a…
Elon Musk, Jeff Bezos, Bill Gates, and Warren Buffett are among the world’s most well-known billionaires. But Bernard Arnault (and his family) is actually the world’s richest person, according to Forbes. However, on May 23, Arnault lost a whopping $11 billion. Don’t feel too bad for Arnault — what lowered his net worth is the same force that made him the world’s…
ChatGPT has made headlines as a viral new technology. The chatbot using artificial intelligence (AI) can not only answer user questions with conversational replies, but it’s also the fastest-growing app in history. Since launching in late 2022, ChatGPT has grown to 1.6 billion visitors in just months. Microsoft has invested in OpenAI, the company behind ChatGPT, and integrated its technology into…
Growth stocks tend to be riskier than other stocks. As the saying goes, “You won’t grow without taking risks.” The wise long-term investor needs to understand this and also needs to have a firm understanding of warning signs to watch for that a risk is too great. While there are thousands of things that could potentially go wrong with a…
The S&P 500 remains slightly in the red over the past year, but zooming out helps put things in perspective. Over the past five years, the index has delivered solid returns, and so have the corporations that were dragged down in 2022’s downturn. And even more importantly, some of these companies can still provide excellent performances over the long run for patient…
The bear market for biotech stocks has recently shown signs of slackening, but there are biotech stocks whose shares are already up by 50% or more to start this year. These three have attracted investors’ interest because they all have new therapies with wide applications that have shown great promise. This post originally appeared at The Motley Fool.
The market is continuing its climb back up after falling in the wake of the Silicon Valley Bank debacle. The S&P 500 is up nearly 8% this year, but many individual stocks are rocketing much higher. That’s because smart investors are embracing the opportunity to load up on terrific bargains that may not come their way again. These stocks are two no-brainer choices…
This is turning out to be a good year for technology stocks. Investors seem to have regained their confidence in the sector on the back of cooling inflation and the Federal Reserve’s reduction in the pace of interest rate hikes, which explains the 19% gain in the Nasdaq-100 index. The stock market rally has rubbed off positively on shares of these two companies.…
The banking industry, government regulators, and investors alike are still processing the March 10 collapse of SVB Financial, the parent company of Silicon Valley Bank (SVB). It was the second-largest bank failure in U.S. history, with $175 billion in customer deposits on the line. But this crisis had one unique (and worrying) feature: Just 6% of those deposits fell within the…
Just because the stock market is continuing to face choppy waters doesn’t mean you have to sit on the sidelines. In fact, trying to time the best periods to dip in or out of the market as a means of building your returns with time is a strategy that can set you up to fail. On the flip side, if…