china gdp

Would China be Able to Grow at 5% in 2023? Analysts Weigh In

Mohit Oberoi

China is officially targeting GDP growth of “around 5%” in 2023. The world’s second-largest economy expanded at only 3% last year amid its controversial zero-COVID policy but reversed the policy late last year. Meanwhile, after a flurry of weak economic data several brokerages have raised concern over China’s growth outlook and expect it to miss…

cathie wood chinese stocks

Cathie Wood Exits Chinese Stocks in Innovation ETF: Key Takeaways

Mohit Oberoi

Cathie Wood of ARK Invest has said that her Innovation ETF (NYSE: ARKK) has exited all Chinese stocks. Here are the key takeaways. To begin with, after massive losses in 2021 and 2022, ARKK has rebounded in 2023 and is up around 50% – outperforming the broader market. The ETF has assets of around $9…

nvidia

Here’s Why Goldman Sachs Sees More Upside in Nvidia Stock

Mohit Oberoi

Nvidia stock (NYSE: NVDA) is already the best-performing S&P 500 and has almost tripled this year. While some market observers are concerned about the stock’s valuation, Goldman Sachs raised its target price and sees more upside for the chipmaker. Goldman Sachs analyst Toshiya Hari maintained his buy rating on Nvidia while raising his price target…

nvidia

Nvidia Stock Falls Amid Fears of New Restrictions on China Chip Exports

Mohit Oberoi

Nvidia (NYSE: NVDA) stock is trading lower in early US price action today amid reports that Washington is considering a new set of restrictions on chip exports to China. The country imposed restrictions on chip exports to China last year also but Nvidia managed to blunt the impact with sales of alternative products. The Wall…

apple

Here’s How Wall Street Sees Apple Stock Ahead of Earnings

Mohit Oberoi

Apple (NYSE: AAPL) would release its earnings for the fiscal first quarter of 2023 early next month. Here’s how Wall Street sees the stock ahead of the earnings release. 2022 was a tough year for Apple and its FAANG peers. AAPL stock slumped 28% but in a solace for investors, it was the best-performing FAANG…