The metaverse is a virtual universe powered by augmented and virtual reality headsets that will enable users to engage with content, interact with other users, and experience almost anything in a virtual realm. The term ‘metaverse’ has been in the news since Facebook Inc. was renamed Meta Platforms, Inc. (FB). FB CEO Mark Zuckerberg said, “Our overarching goal across all…
If we weren’t already living in the digital age before the coronavirus, we definitely are now. Due to lockdowns and fear of catching COVID-19, people were forced to stay at home, which led to a surge in digital trends such as shopping at home, working from home, and learning from home. As a result, there was a surge in demand…
As I look back over the past year, I see 3 key lessons worth sharing at this time. Fully understanding each should benefit our investing strategies down the road. Lesson 1: Don’t Believe the Hype Fear sells. That is the mantra of all news outlets and for good reason. The more they can scare you, the more you will pay…
First, let’s check out the bullish reversal of the past week: As we can see, the market has climbed higher by 5% since last Monday. Even more impressive, when you consider that there was no trading on Friday. It’s pretty remarkable how the market basically followed its seasonal pattern… but at the same time managed to convince a lot of…
While electric vehicle (EV) start-up Fisker (NYSE:FSR) certainly isn’t the only company with unique vehicles, it has generated a lot of press coverage. It’s not difficult to find commentators talking about FSR stock, with both positive and negative reviews. You’ve probably heard about the $1 trillion infrastructure bill that just passed, which will allocate $7.5 billion toward vehicle electrification. It’s reasonable to expect Fisker…
Investing in growth stocks is a well-traveled path to unlocking life-changing wealth from the stock market. That’s because most of the biggest winners of our lifetime come from the growth camp. Especially those growth companies with… Continue reading here. This article originally appeared at StockNews.
Oil & gas prices are soaring on the back of robust demand with the reopening of the economy. According to the latest Energy Information Administration (EIA) report, global oil demand has almost reclaimed pre-pandemic levels. West Texas Intermediate (WTI) is trading near its highest level since 2014. Oil prices were trading at a two-week high on November 9, with Brent crude rising…
It’s been a rough year thus far for the precious metals sector, and while gold (GLD) has only given up one-third of last year’s gains, down 7% vs. a 24% gain in 2020, the miners have been slaughtered, to say the least. This is evidenced by the near 40% decline we’ve seen in the Gold Miners Index (GDX), and the fact that some…
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…