Reported about 1 month ago
Source: BARRONS
Reported about 1 month ago
Source: BARRONS
Reported about 1 month ago
After a tough week marked by the S&P 500's worst loss in over a year, major stock indexes are looking to recover. Apple is set to unveil its new iPhone 16 and other products at an event on Monday, drawing significant market attention. Other trending stocks include Palantir Technologies, Dell, and GameStop.
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Today's stock market activity is shaped by several key events: Apple is set to unveil its AI-powered iPhone at the 'It's Glowtime' event, while Oracle prepares to report strong quarterly results amidst its cloud infrastructure growth. U.S. stock futures are recovering after last week's selloff, aided by a rebound in shares like Nvidia. Boeing may avoid a significant strike after reaching a tentative deal with its union, and Big Lots has filed for bankruptcy, agreeing to be sold to Nexus Capital. Investors should stay informed about these developments.
Source: YAHOO
Reported about 1 month ago
Considering retiring at 55 with $3 million in savings? It’s crucial to plan carefully, taking into account extended expenses until you qualify for Medicare at 65 and Social Security benefits at 66 or 67. Early retirement means a longer financial horizon, necessitating adjustments in lifestyle and understanding retirement-related taxes. Adequate financial management, potentially with a financial advisor, can help ensure that your savings will support your lifestyle throughout retirement.
Source: YAHOO
Reported about 1 month ago
Recent donation data reveals that employees from top US tech companies, including Alphabet, Amazon, and Microsoft, are overwhelmingly supporting Democratic candidate Kamala Harris, contributing millions to her campaign, while support for Republican candidate Donald Trump remains significantly lower. Despite some influential tech billionaires backing Trump, the majority of tech workers lean towards Harris, reflecting a shift in Silicon Valley's political landscape ahead of the upcoming presidential election.
Source: YAHOO
Reported about 1 month ago
Boeing's shares jumped by 5% in premarket trading after the company reached a tentative deal with a union representing over 32,000 workers, potentially averting a strike. The proposed four-year contract includes a 25% wage increase but falls short of the union's 40% demand. Analysts noted while Boeing may find the financial terms acceptable, dissatisfaction may still arise among workers, who will vote on the contract and strike action on Thursday. This agreement is significant for Boeing's new CEO as the company seeks to regain investor confidence and stabilize production.
Source: YAHOO
Reported about 1 month ago
Source: BARRONS
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Nvidia, Broadcom, and Supermicro have all issued 10-for-1 stock splits amid rising demand for AI, but they differ significantly in analyst preferences. Broadcom is the clear favorite, with 93% of analysts recommending it as a buy, while Nvidia follows at 55%, and Supermicro lags at 33%. However, on price targets, Supermicro leads with the highest potential upside of 105%. Analysts remain cautiously optimistic about Nvidia and Broadcom, despite concerns over margins and potential recession risks.
Source: YAHOO
Reported about 1 month ago
Treasury yields fell as traders anticipated upcoming US inflation data, which may influence the Federal Reserve's decision on interest rate cuts. While recent labor market data suggested a slowing economy, the Fed has not yet provided a clear direction on rate reductions, leading to divided opinions among investors about the potential scale and pace of future cuts.
Source: YAHOO
Reported about 1 month ago
To earn $1,000 in dividend income from AT&T stock, an investor would need to invest approximately $18,550 at the current share price of $20.59, given the annual dividend of $1.11 per share. With a dividend yield of 5.39%, it's important to remember that factors like dividend fluctuations and share price changes can affect the final income. Potential investors should also consider AT&T's financial health and explore other investment options recommended by experts.
Source: YAHOO
Reported about 1 month ago
This week, attention shifts to Sirius XM Holdings and Cintas, two new entrants in the stock-split arena, as they prepare for significant splits. Sirius XM will undergo a 1-for-10 reverse split to boost its share price amid merger moves, while Cintas is set for a 4-for-1 split after a remarkable share price rise since its IPO. Despite recent popularity of stocks like Nvidia, these new splits indicate a continuing trend on Wall Street, reflecting investor interest in companies making strategic financial adjustments.
Source: YAHOO
Reported about 1 month ago
As the consumer price index (CPI) data is set to be released, traders are more concerned about employment figures than inflation. With inflation declining towards the Federal Reserve's target and anticipated rate cuts, the focus has shifted to the job market's stability and the risk of recession. Recent data indicates that employment growth is slowing, raising questions about the Fed's timing on rate cuts. The stock market is also showing increased volatility, suggesting traders are hedging against potential economic downturns.
Source: YAHOO
Reported about 1 month ago
Warren Buffett, the CEO of Berkshire Hathaway, has sold approximately $5.4 billion worth of Bank of America shares, marking his company's eighth consecutive quarter of selling more than buying. This move, amidst historically high stock valuations reflected in the S&P 500's Shiller P/E ratio, has raised alarms about potential economic troubles ahead. Buffett's selling trend, alongside a massive cash reserve now exceeding $276 billion, suggests he may be positioning for future investment opportunities during market downturns.
Source: YAHOO
Reported about 1 month ago
In comparing Trump Media & Technology Group (DJT) and Snap (SNAP), both stocks currently receive neutral ratings due to significant uncertainties and mixed performance metrics. DJT, primarily reliant on the polarizing Truth Social, has seen volatile movements and is considered oversold, while SNAP, despite having shown signs of growth, remains erratic with its revenue and losses. Nevertheless, SNAP is favored due to its potential for profitability compared to the uncertain future of DJT, making it a slightly better option for investors willing to take a wait-and-see approach.
Source: YAHOO
Reported about 1 month ago
This article discusses three dividend-paying stocks—W.P. Carey, AT&T, and Pfizer—that currently offer yields above 5%. W.P. Carey, a real estate investment trust, is expected to increase its dividend due to strong rental income from diversified properties. AT&T, focusing on telecom after shedding its media assets, has maintained a solid free cash flow to support its dividend. Pfizer continues to raise its dividend despite declining COVID-19 product sales, backed by a pipeline of new drugs. These stocks are highlighted as reliable choices for long-term investment.
Source: YAHOO
Reported about 1 month ago
Qualcomm is reportedly considering acquiring parts of Intel's chip design business, particularly its client PC unit, though no formal approach has been made. Intel, facing financial challenges and a recent decline in PC sales, emphasizes its commitment to the PC market while contemplating restructuring efforts to improve efficiency. Qualcomm's interest comes amid growing concerns about Intel's manufacturing capabilities and overall market performance.
Source: YAHOO
Reported about 1 month ago
The current high valuations of stocks, particularly evident in the S&P 500's Shiller price-to-earnings ratio, raise concerns of potential market contractions. Only two previous occasions in the last 153 years have seen such high levels, both followed by significant downturns. While a bear market may loom, historical trends suggest that investors with a long-term perspective can find success despite cyclical downturns.
Source: YAHOO
Reported about 1 month ago
This article highlights three undervalued S&P 500 dividend stocks that are down significantly—UPS, Devon Energy, and Franklin Resources. Despite recent challenges, these companies offer promising dividend yields, with UPS down 45%, Devon Energy down 22%, and Franklin Resources down 35%. Investors are urged to consider buying these stocks as their performance is expected to improve in the future.
Source: YAHOO
Reported about 1 month ago
The S&P 500 will welcome three new stocks on September 23: Palantir Technologies, Dell Technologies, and Erie Indemnity Co., replacing American Airlines Group, Etsy, and Bio-Rad Laboratories. Palantir has seen a dramatic rise in its stock value this year, while Dell has diversified significantly since its acquisition of EMC. Erie Indemnity is a surprise addition due to its smaller market cap but strong growth. These changes reflect ongoing adjustments in the index as market conditions evolve.
Source: YAHOO