Intuit Gained a New Bull. You Can Thank AI.
RBC Capital Markets’ Rishi Jaluria initiated coverage with an Outperform rating and $760 price target, implying 15% upside from current levels.
RBC Capital Markets’ Rishi Jaluria initiated coverage with an Outperform rating and $760 price target, implying 15% upside from current levels.
There are good reasons not to let go of a great dividend-paying stock. Here are four of them I plan to hold for the rest of my life. The post 4 Reliable Singapore Dividend Stocks That I Never Intend to Sell appeared first on The Smart Investor.
JPMorgan’s Marko Kolanovic made a name for himself as a contrarian during the pandemic, but too many wrong-footed calls finally caught up with him.
The Oracle of Omaha has a simple solution.
We recently published a list of Jim Cramer’s Latest Stock Portfolio: Top 10 Recommendations. Since Palantir Technologies Inc (NYSE:PLTR) ranks 4th on the list, it deserves a deeper look. Jim Cramer in a latest program talked about the concept of “suitability” of stocks in investing, which emphasizes the importance of picking individual stocks based on your […]
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
China's central bank has hundreds of billions of yuan worth of bonds at its disposal to borrow, and will sell them depending on market conditions, the bank told Reuters on Friday, part of a plan markets see as an effort to cool a powerful bond rally. The People's Bank of China (PBOC) will borrow the medium- and long-term bonds on an open-ended unsecured basis and sell them depending on market conditions, as it has signed agreements with several major financial institutions regarding bond borrowing, according to the bank. The official remarks come at a time China's sovereign bonds have performed strongly this year, with yields hitting record lows, as a wobbly economy and volatile stock markets pushed savers into fixed-income safe haven investments.
NVIDIA Corporation (NASDAQ:NVDA) shares closed higher on Wednesday, driven by strength in the chip stock sector. Former House Speaker Nancy Pelosi (D-Calif.) is one of the most closely watched members of Congress for stock trading activity, largely due to the significant purchases made by her husband, Paul Pelosi. On June 26, Paul Pelosi bought 10,000 shares of NVIDIA, with the purchase valued between $1 million and $5 million. Over the past six months, NVIDIA's stock has surged by more than 161
Nvidia (NVDA) shares dip in pre-market trading — opening lower in Friday's regular trading hours — after New Street Research downgraded the chipmaker's stock to a Neutral rating. The Morning Brief team examines New Street Research's analyst note that cites "limited further upside" for the semiconductor titan. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
The largest cryptocurrency is diving after collapsed exchange Mt. Gox prepares to refund digital assets to its users.
The post 1.5 million Singaporeans to get up to S$850 GST vouchers as cash in Aug appeared first on SETHLUI.com.
While lululemon (LULU) faces near-term challenges, its earnings growth potential and strength in the international segment could pave the way for the stock's return to growth trajectory.
The chip sector receives another boost while an e-commerce player’s latest game release is performing very well. The post Top Stock Market Highlights of the Week: SK Hynix, Tencent, BlackRock and City Developments Limited appeared first on The Smart Investor.
Credit Suisse's collapse was caused by the bank's management, not by Swiss financial authorities, Swiss National Bank Chairman Thomas Jordan was quoted as saying on Friday. "It was the result of bad decisions by the bank's management," Jordan told newspaper Le Temps in an interview. "The Swiss authorities were well prepared, and we took the necessary measures to avoid a global financial crisis."
The June employment report beat Wall Street projections, with the economy adding 206,000 jobs. RiverFront Global Fixed Income CIO Kevin Nicholson joins Market Domination to discuss the implications for markets and Federal Reserve policy. Nicholson has a muted response to the jobs data, noting there is "a lot of mixed data" in recent economic indicators. He emphasizes that the Federal Reserve is likely more focused on the core Personal Consumption Expenditures (PCE) index, forecasted to rise 0.21% month-over-month in June. "I think that's where their focus is going to be," Nicholson adds that the PCE print is "more important to the Fed than the Jobs report right now." Regarding his market outlook, particularly for bonds (^TYX, ^TNX, ^FVX), Nicholson predicts, "Right now, I think that the ten-year [Treasury yield] is pretty much range-bound between four and four and a half percent for the second half of the year." He dives into potential scenarios: "If we get the Fed to pull back and delay their rate cuts, we'll see the ten-year go back into that 4.35 to 4.50 range." However, he suggests that if the Fed implements rate cuts, the yield could potentially drop closer to 4%. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
The South Korean tech giant is benefiting from the AI boom which has lifted the prices of advanced chips.
“[W]e welcome regulators’ attempts to break up” Alphabet, writes Needham analyst Laura Martin, who has a $210 price target on the stock.
We recently compiled a list of the 10 Best Restaurant Stocks to Buy Today. In this article, we are going to take a look at where Shake Shack Inc. (NYSE:SHAK) stands against the other restaurant stocks. Currently, quite a bit of anxiety is struck by restaurant stocks in the market, as the Russell index that […]
Gold prices extended gains on Friday to their highest level in a month following key U.S. jobs data that showed the labor market was softening, lifting expectations around a Federal Reserve interest rate cut in September. Spot gold was up 1.1% at $2,380.91 per ounce as of 11:08 a.m. (1508 GMT). "Gold is trading at one-month highs as lower payroll revisions and yet another uptick in the unemployment rate help 'cement' a September rate cut," said Tai Wong, a New York-based independent metals trader.
Tesla (TSLA) stock continues its upward trajectory, buoyed by the company's second quarter delivery performance that surpassed analyst expectations. Tesla shares have surged approximately 20% over just five trading days. This rally comes as anticipation builds for Tesla's upcoming robotaxi event, scheduled for August 8. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith