Mad Money host Jim Cramer had some nice things to say about two of China's top tech innovators in a recent episode of the Lightning Round. Notably, he said that Baidu ( NASDAQ:BIDU) and Alibaba ( NASDAQ:BABA) were "good." And while shares of both Chinese AI innovators have gained significant traction over the past year, it's worth mentioning that both names are well off their all-time highs and have since slipped significantly off their recent 52-week highs.
Meta is one of the most dominant companies in the world. There are over 3.5 billion people that use one of its apps every day, which include Facebook, Instagram, WhatsApp, and Threads. That's a huge base that gives the company ample opportunities to make money from digital advertising. Meta is using AI to better target ads on its platforms and drive higher user engagement with more relevant content recommendations.
Congresswoman Nancy Pelosi is more than just a widely recognized politician; she's actually a pretty good investor. And while her portfolio's performance may be enviable, even when compared to big-name hedge funds, I still think that investors should be careful when copying the big names. Either way, I think it's more than worthwhile to check in on Nancy Pelosi's portfolio, especially since there's a reason her trading activity is public for all to see.
Ray Dalio has unveiled "Digital Ray," an AI clone designed to share his decades of investing and life experience with the public. The Bridgewater Associates founder said the chatbot-currently in beta-will allow him "unlimited conversations" with users seeking coaching or mentorship. Dalio claims the model, trained on data from his work and principles, performs about 95% as well as speaking with him directly and 80% as well on markets and economics.
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Billions of dollars are flowing into artificial intelligence companies such as OpenAI and Anthropic, yet investors in software firms that should also be well-positioned to benefit from the AI boom have largely been left on the sidelines. Cloud-based company Salesforce is down 28% year to date, closing at $240.36. Adobe is down 21% ending at $346.74. And a Morgan Stanley basket of SaaS stocks, a group of software-as-a-service companies the bank tracks to gauge sector performance, fell more than 6% this year.
Apparel retailer American Eagle Outfitters ( NYSE:AEO) garnered some criticism earlier this year, and AEO stockholders have been on a roller-coaster ride. Yet, the company's loyal investors might choose to stay the course in anticipation of a share-price rebound. Along with all of that, it appears that American Eagle Outfitters stock got caught up in the summertime meme-stock frenzy. Consequently, a return to $25 looks like a real possibility.
A well-known adage reminds us that corporate insiders and 10% owners really only buy shares of a company because they believe the stock price will rise and they want to profit from it. Thus, insider buying can be an encouraging signal for potential investors. This is all the more so during times of uncertainty in the markets, and even when markets are near all-time highs.
He calls b.s. when he sees it, but he isn't a hater. As fast as O'Leary is to declare "I'm out!" he also doesn't hesitate to throw his full energy behind the things he loves. If you follow Mr. Wonderful on social, you know he loves watches. WORSHIPS watches. We talked about where his passion for collecting rare timepieces came from and how that obsession led to his latest venture, WonderCare, a partnership with the 1916 company.
From back-to-school through the winter holidays, the busy retail selling season is also a time to forecast sales, set budgets, and plan for the coming year. Here are 12 new and time-tested books to help make informed choices. by Nick Foster Thinking seriously about the future is a must for those who hope to shape it. This just-released book guides readers in going beyond the usual "lazy certainties and fearful fantasies" to imagine and create what comes next.
The YieldMax Ultra Option Income Strategy ETF capitalizes on market volatility through options strategies, delivering substantial weekly cash payouts while maintaining an annual distribution rate of 86.04%.
Michael Burry made significant portfolio changes in the second quarter by swapping bearish put options for bullish call options, indicating a shift towards more optimistic stock positions.
"I don't think people you work with need to be your friends. They have to respect you, and you have to lead them forward on their careers, make the money, and help them achieve their goals."