For better or for worse, AI is here. And it's expected to disrupt around 14 million jobs globally. Here's the World Economic Forum prediction. As a catalyst, this is big news. We've seen multiple AI stocks spike since the sector started running over a month ago. For a recent example, today we're watching Quhuo Limited (NASDAQ: QH) as it consolidates after a +260% spike. Here's a chart … |
The company announced a partnership with Baidu's AI bot called Ernie. And the float is only 6 million shares, while the volume shows more than 50 million traded already. Pay attention to the hottest plays. Anything else is a distraction. |
The OPEC+ production cuts raised oil prices from 2023 lows. But recent economic worries are bringing prices back down. Read more here. There was a worry (especially for the U.S.) that the production cuts would raise prices substantially. But we're still well under prices from this time last year. Here's a chart of the crude oil price per barrel … |
The oil and gas sector has been volatile in the past. We've had eyes on stocks like Houston American Energy Corporation (AMEX: HUSA) just in case it heats up again. For now, things seem stable as a low demand (recession fears) draws prices lower despite a smaller supply. |
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