2 stocks that will thrive from the AI chip market rally, says JPMorgan
font size Broadcom is the leading player in the custom chip market, according to JP Morgan. Dream time The market opportunity for high-quality, custom-designed semiconductors used to support artificial intelligence…
Read moreDow futures: Nvidia earnings and Powell’s speech loom; What are you doing now
Dow futures will open Sunday evening, along with futures for the S&P 500 and Nasdaq futures. nvidia (NVDAEarnings and a big speech from Fed Chairman Jerome Powell. X Palo Alto…
Read moreFundstrat says stocks are nearing the perfect opportunity to buy a pullback as the S&P 500 faces a rout in August
Reuters/Lucas Jackson Fundstrat said the August stock sell-off is an ideal opportunity to buy on a pullback. Markets will remain nervous about higher interest rates until the end of the…
Read moreA looming insurance shock is causing trouble for the Florida and California housing markets
Home insurance companies are pulling out of California and Florida, at alarming rates. Earlier this year, State Farm, California’s largest property insurance company, announce It will stop accepting new applications…
Read moreWe have no choice and we have to sell
This week, hundreds of homeowners in a neighborhood community over the age of 55, aka Century Villagein Pembroke Pines, Florida, gathered together to protest an increase in the monthly housing…
Read moreChina is fueling US bond rout by cutting holdings to a 14-year low as tensions between Washington and Beijing persist.
US Treasury building.Jalal Gunes / Anadolu Agency China reduced its holdings of US Treasury bonds to a 14-year low in June. Bond prices fell in 2023 as investors worried about…
Read moreBill Gates Picks BUD Stock, Morgan Stanley Says Current Valuation Fails to Reverse Potential Upside – Here’s Why You Should Pay Attention
It must have sounded like a good idea at the time, however Anheuser-Busch’s (New York Stock Exchange: BUD) The decision to run a Bud Light beer promotion with the help…
Read moreMichael Berry is a one-trick pony
Christian Bale played Michael Barry in The Big Short.Basic Michael Perry placed $1.6 billion in hypothetical bets against the S&P and Nasdaq last quarter. The Big Short investor is a…
Read moreThis market expert warns that the US dollar is rapidly losing its reserve status. Here’s what to love for protection
For decades, the US dollar has held esteem as the world’s primary reserve currency. But according to Lynette Zang, senior market analyst at ITM Trading, this long-standing dominance is on…
Read moreSpaceX Reports First Quarter Earnings, Divests Bitcoin Holdings; Cryptocurrency crash
New SpaceX financial documents published by The Wall Street Journal provide a rare look at Elon Musk’s private rocket company. Cryptocurrency prices have swung wildly after a report late Thursday…
Read moreStocks Rise After Extraordinary Friday Night Earnings | Business Investor Daily
Palo Alto Networks (Banu) posted quarterly profits that beat expectations, the cybersecurity firm said in a press release issued late Friday, raising eyebrows about its timing. Palo Alto stock popped…
Read morePalo Alto Networks stock jumps with highest earnings estimates
font size Palo Alto Networks office Dream time Palo Alto Networks The stock was on the rise in late trading Friday after an unusual weekend for the security software company…
Read moreStocks Creep Back to End a Rough Week on a Mixed Note: Stock Market News Today
US stocks recovered from sharp early losses in Friday’s session but ended the week sharply lower as the August swoon continued on Wall Street. The Dow Jones Industrial Average (^DJI)…
Read moreTesla stock fell again for a new reason. Here’s where to go.
font size Tesla stock tends to rise faster than the Nasdaq when the index is up, but it falls faster when the benchmark is down. Philip Lopez/AFP via Getty Images…
Read moreBuyout Deals knocking on US Steel’s door as ‘glory days’ fade
The industry could soon absorb one of the most respected industrial names in the American economy. US Steel (X) this week It revealed that the company is evaluating “Strategic Alternatives”…
Read moreNvidia’s earnings can impress again. This analyst is “extremely optimistic.”
font size Expectations are high ahead of Nvidia’s earnings on Wednesday. Dream time nvidia ‘s Next week’s second quarter earnings are highly anticipated, to say the least. Wedbush analyst Matt…
Read moreVietnam trader loses $18 billion after EV Maker shares sank
(Bloomberg) — After an astronomical rally on its first trading day, VinFast Auto Ltd. Now to the ground – erasing a large chunk of its billionaire founder’s fortune. Most Read…
Read moreBitcoin calms down with sudden falls, mass liquidations
(Bloomberg) — A period of unusual calm in cryptocurrency markets abruptly ended this week as the idea of higher interest rates for longer triggered a sell-off in risky assets like…
Read moreDow Jones slipped 150 points. Bitcoin Drops Elon Musk Sales
The Dow Jones Industrial Average fell 150 points on Friday, as major stock indexes extended losses on Thursday. Meanwhile, Elon Musk-led SpaceX sold its entire stake in Bitcoin, which led…
Read moreDow futures plunge amid China worries as bears take hold; Ultimate AI Stock Nvidia tries to fight back
Dow futures fell early Friday, along with S&P 500 futures and especially Nasdaq futures, as real estate woes in China offset falling Treasury yields. X Applied materials (huge) And Ross…
Read moreChina is stepping up efforts to stabilize markets as confidence plummets
(Bloomberg) — Chinese authorities have stepped up efforts in recent days to prop up financial markets, in a sign that Beijing is growing increasingly uncomfortable with the pace of decline…
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Abbey earnings smash Wall Street estimates. Here’s why the stock is down.
font size Wall Street is starting to wonder if the current environment is as good as it is for Derry. Justin Sullivan/Getty Images monastery It shattered Wall Street’s earnings estimates…
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