Stock Market

Stock Market

This AI Chip Stock Looks Like a No-Brainer Buy Right Now

Taiwan Semiconductor Manufacturing Company continues to show its dominance in the AI chip industry. Raise your hand if you've heard the following two words over the past couple of years: artificial intelligence (AI). Chances are that virtually everyone reading this would have their hands raised. AI has been the hottest topic in the stock market and business world over the past couple of years, and there's probably not even a close second. Since the technology hit the mainstream due to the success of generative AI tools like ChatGPT, it has...
Stock Market

Why The Trade Desk Stock Slumped 37% Last Month

The company is reporting slowing growth and guiding for an even larger slowdown this quarter. Shares of The Trade Desk (TTD -0.79%) fell by a sharp 37.1% in August, according to data from S&P Global Market Intelligence. As of this writing on Sept. 3, The Trade Desk is down 55% this year and in the middle of its worst price drawdown ever. Investors are concerned about slowing revenue growth for this advertising innovator, which has previously traded at a premium valuation. Here's why The Trade Desk slipped yet again in...
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