The Latest Breaking News from Mangeet Kaur BounsMangeet

AI has become the major tech trend lately with the viral success of the ChatGPT chatbot. Tech giants are investing heavily in AI, which would drive its innovation and adoption across industry verticals. AI-related stocks International Business Machines (IBM) and UiPath (PATH) should significantly benefit from the hype surrounding AI.…

Media and entertainment giant Walt Disney (DIS) reported fiscal 2023 first-quarter financial results, beating on the top and bottom lines. However, amid the high cost of streaming, eroding consumers’ discretionary spending, and other macroeconomic challenges, the company’s near-term prospects look bleak. Let’s find out if investors should buy or sell…

The energy sector is well-positioned to witness considerable growth in the foreseeable future, driven by strong global energy demand amid recovering emerging markets such as China and constrained supplies. Energy producers and distributors Marathon Petroleum (MPC) and Camber Energy (CEI) should benefit from the tailwinds. But which of these stocks…

Theatre movie chain AMC’s shares are trading more than 75% below its 52-week high due to weakened investor sentiment amid disappointing financials and slowing business growth. However, as AMC is currently trading under $8, let’s find out if it is worth scooping up shares of this meme stock….

Shares of sports-centric streaming company fuboTV (FUBO) plummeted more than 76% over the past year as it continues to incur huge losses and suffer from the challenging macro environment. Furthermore, FUBO issued a disappointing subscriber outlook for fiscal 2023. Given its mounting losses, bleak growth prospects, continued share dilution, and…

Pfizer (PFE) reported record-breaking revenue and earnings for fiscal 2022. Furthermore, the combination of expected launches and additional pipeline products position the company for continued robust growth through the rest of this decade and beyond. Amid a volatile macro environment, investing in this high-value stock for the long term could…

With recent economic data pointing to sticky inflation, strong consumer spending, and a resilient labor market, renewed fears about the Fed’s potential interest rate hikes are expected to cause massive market volatility in the upcoming months. Amid a volatile market backdrop, investors could consider buying fundamentally sound stocks Autodesk (ADSK),…

Shares of EV manufacturer Rivian (RIVN) are now trading more than 70% below its 52-week high as the company continues to suffer from supply chain issues and other macro headwinds. Moreover, it faced a year of huge losses and missed its 2022 production target. Following recent price cuts by major…

A resilient economy and sticky inflation could lead Fed officials to hike interest rates higher than anticipated in the central bank’s next meeting. Although markets have been highly volatile amid concerns over the potential rate hikes and other macro headwinds, this has created an attractive opportunity for investors to scoop…

Shares of cryptocurrency exchange platform operator Coinbase (COIN) witnessed a steep decline last year due to the crypto market collapse. The stock is expected to plunge further this year since cryptocurrencies are expected to remain under pressure amid rising interest rates, regulatory concerns, and recession fears. However, Cathie Wood’s ARK…

EV charging solutions provider ChargePoint (CHPT) reported solid revenue growth in the last reported quarter. However, the company’s solid top-line performance didn’t translate to bottom-line growth. Also, analysts seem bearish about its near-term prospects since it is expected to continue suffering from high inflation, stiff competition, and supply chain issues.…