Natural gas prices have more than tripled in Europe and Asia, reaching record highs this year. The benchmark U.S. natural gas contract has rallied to $5.62 per million British thermal units (mmBtu), reaching seven-year highs. Analysts expect the upcoming winter season to lead to further price increases. In addition, the floating liquefied natural gas (LNG) market is expected to grow at…
Machines are getting closer to humans in terms of learning and thinking. Today, artificial intelligence (AI) can replicate many aspects of human intelligence. Given its potential, AI may be the next big tech phenomenon since enterprise software. As several industries are adopting AI to automate tasks and processes, the global AI market is expected to grow at a CAGR of 21% during…
The COVID-19 pandemic brought a renewed interest into the healthcare sector, and with the surging Delta variant raging across the country, that interest isn’t expected to dissipate anytime soon. Due to that attention, many healthcare stocks have reached sky-high valuations. It’s not just companies that offer vaccines and therapies for COVID, either. In fact, the healthcare sector is one of…
The major U.S. stock market indexes declined significantly on September 20 on investors’ pessimism surrounding China’s Evergrande Group, which might be on the brink of default. The stock market’s volatility can also be attributed to uncertainty regarding the timing of the Federal Reserve’s tapering activities and the increase in COVID-19 cases. However, according to the Labor Department, the consumer price index (CPI) in August increased…
Technology stocks resumed their bullish momentum in the Spring as the Technology Select Sector SPDR Fund (XLK) has gained 19.6% since May 12th. While investors can’t predict how long this current run will last for tech stocks, a great way to limit your losses is to focus on highly profitable tech stocks. Picking high-profit stocks can lead to substantial gains. …