The U.S. government has focused significantly on the country’s position in the semiconductor market, and that’s not surprising — chips play a critical role in multiple industries, ranging from automotive to smartphones, computers, and artificial intelligence (AI). A key effort: the CHIPS and Science Act, which was enacted in 2022, has accelerated investments in the […]
Category: Crypto
Dow Jones Futures Await CPI Inflation With Stock Market Near Highs; GameStop, AMC Skid
Dow Jones futures were little changed Wednesday morning, along with S&P 500 futures and Nasdaq futures. The April CPI inflation report and retail sales are due before Wednesday’s open. Nu Holding (NU), MakeMyTrip (MMYT) and Monday.com (MNDY) were earnings movers. X The stock market rally saw modest to solid gains Tuesday, gaining steam in the […]
US futures hold steady as inflation test looms
US stocks held steady on Wednesday, eyeing fresh record highs ahead of a crucial update on consumer prices that could upend rate-cut hopes and as meme stocks regrouped after a roaring rally. Futures on the Dow Jones Industrial Average (YM=F) and S&P 500 (ES=F) hovered above the flatline. Contracts on the Nasdaq 100 (NQ=F) were […]
Intel’s Comeback Is on Track Despite Massive Foundry Losses
There are multiple components to Intel‘s (NASDAQ: INTC) turnaround story, but at the center is the company’s aggressive and costly push to rival Taiwan Semiconductor Manufacturing in the semiconductor foundry market. Intel gave up its once-untouchable manufacturing edge through chronic delays and missteps, enabling TSMC to pull ahead and TSMC customers like AMD to sell chips […]
We’re 60, Have $1.3 Million in 401(k)s and Will Receive $5,100 Monthly From Social Security. What’s Our Retirement Budget?
At its most basic, creating a retirement budget is all about money in vs. money out. You figure out what kind of income you can reliably generate from your combined assets, then compare it against your household spending. If income surpasses spending, you’re set. If not, you need to make some adjustments. Need help creating […]
NYCB shares rise on deal to sell $5 billion mortgage warehouse loans to JPMorgan
(Reuters) – Shares of New York Community Bancorp rose nearly 5% in premarket trading on Wednesday, after the lender agreed to sell a portfolio of about $5 billion in mortgage warehouse loans to JPMorgan Chase. The deal with the largest U.S. bank by assets, announced late on Tuesday, will bolster liquidity at NYCB, which is […]
Massive News for Intel Stock Investors
Fool.com contributor Parkev Tatevosian reviews the latest news and what it could mean for Intel (NASDAQ: INTC) stock investors. *Stock prices used were the afternoon prices of May 12, 2024. The video was published on May 14, 2024. Should you invest $1,000 in Intel right now? Before you buy stock in Intel, consider this: The […]
Worried About a Stock Market Correction? Here Are 3 ETFs That Can Help You Sleep at Night
The S&P 500 is less than 1% away from its all-time high as of this writing, and it’s entirely possible that it will have broken through to a new high by the time you’re reading this. With the S&P, Dow Jones Industrial Average, and Nasdaq Composite all within striking distance of record levels despite recession […]
Novavax Stock Just Tripled. Is It Too Late to Buy?
After losing more than 90% of its value from a peak back in 2021, Novavax (NASDAQ: NVAX) stock has finally taken off. The biotech soared 190% in two trading sessions after announcing a $1.2 billion vaccine-licensing deal with French pharmaceutical giant Sanofi. The agreement removed one huge worry that’s been weighing on the stock: Novavax’s […]
Why the 2024 meme stock action is much tamer than 2021 — so far
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Meme stocks survived another volatility-fueled session Tuesday. Taking a page from the 2021 playbook, GameStop (GME) and AMC Entertainment (AMC) led the charge. Both meme stalwarts notched gains over 74% Monday and had […]
Nvidia Recently Bought 5 Artificial Intelligence (AI) Stocks, and 1 Is Absolutely Soaring
In the space of just 18 months, Nvidia‘s (NASDAQ: NVDA) market capitalization has grown from $360 billion to over $2.2 trillion, making it the third largest company in the world behind Apple and Microsoft. Artificial intelligence (AI) is responsible for the majority of that value creation. Nvidia designs the world’s most powerful graphics processing units […]
3 No-Brainer Stocks to Buy With $500 Right Now
Over the long run, the stock market has proved to be a superior wealth creator. Though commodities like gold and oil, along with housing and Treasury bonds, have produced positive nominal returns for investors, none of these other asset classes have come close to delivering the annualized returns that stocks have generated over the last […]