This era of artificial intelligence and cloud computing has led to companies pouring billions into the segment. Cloud computing service providers have benefitted from the AI hype, where they provide the cloud infrastructure where AI systems can be used.
Investing in the tech sector has yielded solid returns for investors. The Vanguard Information Technology Index Fund (NYSEARCA: VGT ) has more than doubled over the past five years.
Stock splits, once rare, are roaring back into focus for traders and investors alike. In January, Walmart (NYSE: WMT ) became the latest company to announce a three-for-one stock split followed by Williams-Sonoma's (NYSE: WSM ) two-for-one split.
This week, shares of Nvidia (NASDAQ: NVDA ) closed more than 20% below their previous high, wiping out over $600 billion in market value. If it were a stock exchange, Nvidia would now be officially considered a bear market.
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In the volatile stock market, understanding when and what to sell is equally vital as knowing when and what to buy. Here, the focus is on three beaten-down stocks to sell due to their fundamentals.
Speculative stocks, especially those tied to the technology sector, are leading the stock market down on Aug. 5. Trump Media & Technology (NASDAQ: DJT ) is down over 8% as of this writing.
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