Bill Gates, the co-founder and ex-CEO of Microsoft (NASDAQ: MSFT), has amassed a net worth of nearly $130 billion, per Forbes. Of this, the Bill and Melinda Gates (BMG) Foundation Trust manages a $42 billion investment portfolio. Interestingly, 67% of this portfolio is concentrated in only three stocks — highlighting Gates’ confidence in these picks. […]
Major indexes looked past hot inflation data and Fed Chair Jerome Powell’s comments in early trades Tuesday. The Dow Jones Industrial Average rose 0.2% while the S&P 500 and the Nasdaq inched up 0.1% each in the stock market today. GameStop (GME) and AMC Entertainment (AMC) continued to rally amid a revived meme-stock frenzy.
Wholesale prices rose more than expected in April, according to new data released Tuesday. However, when analyzing revisions to March’s Producer Price Index, Federal Reserve Chair Jerome Powell argued the release was “mixed.” “We had a producer price index reading just a couple of hours ago, and I would say it’s actually quite mixed,” Powell […]
Your long-term investment portfolio should have meaningful exposure to healthcare stocks. People will always seek treatments for disease, so demand for the sector won’t go away any time soon. Moreover, there’s a wide variety of healthcare companies, making it an attractive sector for any type of investor. Consider how this value stock and this growth […]
Meme stocks soared again on Tuesday, as US equities more broadly stayed muted amid a mixed inflation reading. Investors also awaited a Jerome Powell speech that could shed light on the path of interest rates. The S&P 500 (^GSPC), Dow Jones Industrial Average (^DJI) and the tech-heavy Nasdaq Composite (^IXIC) were all little changed at […]
Let’s address the elephant in the room: When it comes to artificial intelligence (AI), no one’s going to forget Nvidia (NASDAQ: NVDA). I know I certainly won’t. The company is the standard bearer for the accelerating adoption of AI thanks to its gold standard AI chips and has thus far been the one undisputed beneficiary […]
Meme-stock maven Roaring Kitty surfaced on social media again to hype GameStop shares. But there are much more lucrative targets beyond the S&P 500. X Ten stocks in the S&P Composite 1500, including SunPower (SPWR), B. Riley Financial (RILY) and Arbor Realty Trust (ABR), have 30% or more of their shares available for trade in […]
In this article, we will take a detailed look at Billionaire Ken Fisher Loves These 10 AI Stocks. If you want to skip our detailed analysis and see the top 5 stocks in this list, click Billionaire Ken Fisher Loves These 5 AI Stocks. Earlier this month, billionaire Ken Fisher, while talking to Bloomberg, said that in his career […]
Wall Street’s age-old adage “sell in May and go away” highlights that the summer months between May and October is the worst period for investors to put money in the stock market. Especially after an outstanding winter, it’s hard to digest that there won’t be any profit-taking in the weaker summer months. But astute investors […]
Artificial intelligence (AI) is still a dominant trend in the stock market, but not every AI stock is worth buying. Now that the initial rush into these companies is over, you have to take a close look at them to see if they’re worth buying, as some are grossly overvalued. Three AI stocks with bright […]
Are meme stocks back? Is a short squeeze hitting solar and clean energy? It seems all the possibilities are on the table on Monday as some of the more volatile companies in energy see their shares skyrocket on relatively little news. Solar energy stocks were some of the biggest beneficiaries today. Shares of SunPower (NASDAQ: […]
The tech market has a long history of providing investors with significant and consistent gains. In fact, over the past decade the Nasdaq-100 Technology Sector has climbed 416%, significantly outperforming the S&P 500 (which rose 178%). Tech companies tend to benefit from the innovative nature of the industry, with never-ending demand for upgrades to software […]