Welcome to this week’s analysis, where we will be focusing on the top 5 AI stocks and the top 5 reasons we have shortlisted them, including their current price targets.
As the world continues to move towards automation and digitalisation, artificial intelligence has become increasingly important in various industries. With that in mind, we have scoured the market and have selected the top 5 AI stocks that we believe have the potential for significant growth in the future.
Source: Dreamstime | Author: Ilkin Guliyev
Reading time: 8 minutes
A bear market, or the period when stocks lose their value for a prolonged period of time, can no doubt sound scary to first-time investors. And while every market goes through this cycle at some point in its lifespan, the good news is that the bulls far outlive the bears when it comes to longevity.
So, what are bull and bear markets, what causes a bear market, and what can you do to protect your portfolio when all of your assets seem to be headed towards record lows?
Source: Dreamstime | Author: DeltaStock
Reading time: 2 minutes
Rivian Automotive – one of the latest EV makers to hit the market, has seen a rough fiscal 2021, marred by wider-than-expected losses, supply-chain issues and rising commodity costs. The disappointing news briefly sent its stock down 10% in after-hours trading last Thursday, with the price continuing to slump further at the time of writing this article.
Source: Dreamstime | Author: Viewimage
Reading time: 4 minutes
“Investors are looking for the next Tesla and Rivian promotes itself as its major rival, but is far from it. In fact, Rivian looks more like a startup than a company ready to launch its own IPO.”
Ivaylo Chaushev, chief financial analyst of DeltaStock
Source: Depositphotos
Reading time: two minutes
The cloud and data management service provider posted lower than expected earnings that led to a 5% drop in its share price in extended trading hours on Tuesday.
Source: Unsplash.com | Author: Braden Collum
Reading time: 6 minutes
In the span of just a couple of months, the coronavirus pandemic managed to shake the foundations of the global economy, dramatically alter our day-to-day lives, and generate unprecedented unemployment levels on a global scale, all without breaking a sweat.
And while the disrupted supply chains posed significant financial risks to a great degree of companies, for some sectors the virus turned into an unexpected stairway to success. LEt’s take a look at who are the winners and losers in the fight against COVID-19.