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Cannabis stocks soared as rescheduling news made waves this month. The Department of Health and Human Services recommended moving the plant from Schedule I to III. Rescheduling opens new vistas for the cannabis industry, including much-needed tax advantages. Likewise, congressional researchers affirmed last week that the Drug Enforcement Agency will likely follow the rescheduling recommendation. Of course,
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Palantir Technologies (NYSE:PLTR) stock has surged nearly 140% this year because of strong earnings and rising AI interest. The launch of ChatGPT in November 2022 boosted AI stocks, leading to a 64% year-over-year increase in AI mentions during Q1 2023 earnings calls as companies embraced AI opportunities. Palantir’s stock surged after surpassing Q1 earnings expectations
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Investors navigating the ever-evolving landscape of the robotics sector are at a crucial juncture. Despite robotics redefining technological boundaries, like any other emerging technology, it is imperative to think cautiously about robotics stocks to sell. Companies that are being labeled as overvalued or inherently risky within the robotics domain deserve a second look. The industry’s
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It’s not been the best year for lithium stocks so far. A slowing vehicle market, surging interest rates and profound economic weakness in the pivotal Chinese market have all weighed on the sector. However, investors shouldn’t lose sight of the longer-term possibilities. Many governments are passing regulations that will greatly speed up the conversion of
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Are you feeling the brunt of the market uncertainty in your retirement portfolio? Rebalancing your portfolio may be necessary at this stage. Removing exposure from high-risk stocks and tilting them toward high-growth potential or defensive stocks ensures capital growth and preservation. And it paves the way to a more comfortable retirement. With potential recession news,
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