Xinhua/Wang Ying/ Getty Images US stocks surged with S&P 500 and Nasdaq 100 hitting record highs on mega-cap tech strength. Shares of Apple, Taiwan Semiconductor, and Broadcom all surged at least 2% on Monday. Meanwhile, two Wall Street strategists boosted their year-end S&P 500 price targets. US stocks surged on Monday, with the S&P 500 […]
Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), bears responsibility for “major investment decisions and all major capital allocation decisions” made by the company, according to financial filings with the Securities and Exchange Commission. With that in mind, Berkshire sold 116 million shares of Apple (NASDAQ: AAPL) in the March quarter, reducing its […]
Don Emmert /AFP/GettyImages The stock market’s leaders are overvalued and could suffer a big correction, RBA’s Richard Bernstein said. Losses could rival the dot-com crash, when popular stocks lost as much as 50% of their valule, he predicted. But the event could be a great investment opportunity as gains are distributed to the rest of […]
We recently compiled the list of 25 Best Dividend Aristocrats Stocks According to Analysts. Since Johnson & Johnson (NYSE:JNJ) ranks higher on our list, we have analyzed the stock in detail. The age-old debate of investing in dividend growth or high-yield stocks continues to reappear within the dividend investing realm. Between these two, dividend growth is currently […]
Like many investors, I’m enthralled by the opportunities unleashed by artificial intelligence (AI). I agree with predictions that AI could be as big (or bigger) than the internet. Which AI stocks are likely to be the biggest winners? Different people will have different answers to the question. Here’s my pick for the best mega-cap AI […]
Tesla laid off more than 10% of its workforceAnna Moneymaker Stocks accelerated their rebound after suffering heavy losses last week. Investors are turning their attention to mega-cap earnings, hoping for a new rally catalyst. Tesla is slated to report after Tuesday’s closing bell, followed by Meta on Wednesday. This week’s equity comeback accelerated on Tuesday, […]
Tesla will report earnings for the first three months of 2024 after the close on Tuesday.Justin Sullivan US stocks closed higher on Monday, ending a six-day losing streak for the S&P 500. Traders are gearing up for earnings from high-profile firms, looking for a new catalyst to restart the first-quarter rally. Tesla will report earnings […]
Google, Apple, Facebook, Amazon, and Microsoft logos displayed in front of an EU flag.JUSTIN TALLIS/AFP via Getty Images Wall Street is gearing up for the highlight of earnings season this week. Mega-cap names that make up the Magnificent Seven will begin reporting, starting with Tesla. Investors are looking for Elon Musk to soothe fears after […]
A trader works during the Fed rate announcement on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019.Reuters/Brendan McDermid US stocks were mostly lower on Friday, with the S&P 500 declining for the 6th day in a row. The decline was led by mega-cap tech stocks, with Nvidia […]
(Bloomberg) — Goldman Sachs Group Inc. strategists are sticking with their year-end S&P 500 forecast level of 5,200, but have a scenario in which tech megacaps lead the index up another 15%. Most Read from Bloomberg The firm is sticking with its current prediction because the federal funds rate path and economic-growth trajectory are fully […]
(Reuters) – U.S. stock index futures dipped on Tuesday as investors awaited a slew of economic data and several key events this week, including appearances from Federal Reserve Chair Jerome Powell. Investors eyed U.S. services sector data for February and factory orders data for January due at 10:00 a.m. ET that could provide further insight […]
Yuichiro Chino/Getty Images Putting cash in the market’s biggest stocks could be a big mistake, investing vet Bill Smead said. Smead pointed to comparisons between the current AI mania and the dot-com bubble of the 2000s. The most popular stocks on the market could plunge as much as 70%, he previously warned. Betting on the […]