Austin Smith - Editor for 24/7 Wall St.
Lastest Stories by Austin Smith
Apple (NASDAQ: AAPL) faces significant competition in China, particularly from domestic brands like Oppo. Concerns about tariffs could further impact Apple’s market share and stock performance....
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Microsoft’s (NASDAQ: MSFT) initial AI buzz, spurred by its partnership with OpenAI, has faded. Despite leading the market cap for a while, its stock performance has lagged behind Alphabet...
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The Biden administration plans to release more oil from the Strategic Petroleum Reserve to lower gas prices before the election. While $3.40 per gallon isn’t historically high, many Americans...
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The discussion emphasizes how a small number of tech stocks, including Apple (NASDAQ: AAPL), have driven the market higher, but a single major miss in earnings from another key tech company could...
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Barry Bannister of Stifel predicts a 500-point drop in the S&P 500, likely in the third quarter. Known for his accurate market calls, Bannister believes the market is currently overvalued, with...
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The discussion emphasizes the greater concern for NVIDIA (NASDAQ: NVDA) investors about electricity consumption rather than competition. The high energy demands of AI, Bitcoin, and extreme heat in...
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The discussion addresses how AMD (NASDAQ: AMD) and Intel (NASDAQ: INTC) are positioning themselves in comparison to NVIDIA (NASDAQ: NVDA). AMD is seen as a strong second in the AI chip market, while...
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The discussion focuses on NVIDIA’s (NASDAQ: NVDA) remarkable rise, surpassing a $3 trillion market cap and potentially outpacing Microsoft (NASDAQ: MSFT). The conversation highlights an...
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The discussion covers OPEC’s historical non-compliance with production cuts and the impact of oil flows from Russia and China’s consumption patterns. The conversation touches on...
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The discussion revolves around the confusion regarding OPEC’s recent announcements. Despite hinting at potential future quota increases, OPEC decided to maintain current production cuts until...
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There is a discussion about whether Ackman’s move to take Pershing public is partly a publicity stunt. It is noted that media-savvy figures like Ackman, who is 58 and well-suited for a CEO...
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The conversation highlights the potential impact of new battery technology on the EV market, the future entrance of Chinese car manufacturers, and the generational shift in EV adoption. Ford’s...
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The discussion shifts to the EV market, highlighting significant sales increases for GM (NYSE: GM), Ford (NYSE: F), Hyundai-Kia, BMW, Mercedes, and Porsche in May. Ford, in particular, is gaining...
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Bill Ackman’s firm, Pershing Square may go public. Ackman, who has sold 10% of Pershing to institutional investors, is looking to emulate Pershing’s  European public stock. The...
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Warren Buffett, despite being one of the world’s greatest investors, has had notable investment flops. These mistakes highlight the challenges of investing over a long career and the importance...
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