Yahoo Finance TSMC, Snowflake, Super Micro Computer, Micron, and Other Tech Stocks in Focus Today
Tech stocks looked set for a strong start to the day as Nvidia’s earnings reignited the sector’s rally.
Tech stocks looked set for a strong start to the day as Nvidia’s earnings reignited the sector’s rally.
If you desire a mix of stability and high yield, these four blue-chip stocks should be suitable for your portfolio. The post 4 Singapore Blue-Chip Stocks Delivering Dividend Yields of 5.6% or More appeared first on The Smart Investor.
Nvidia stock has rocketed 156% so far in 2024, and Jensen Huang has been selling stock through a trading plan. His peers are also selling.
These four Singapore stocks are seeing their share prices shooting up, but can they continue to do so? The post Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They Continue Their Run? appeared first on The Smart Investor.
Having briefly becoming the world’s most valuable company last week, the chip giant has now dropped back behind Microsoft and Apple in market value.
Abercrombie & Fitch’s stock has smoked Nvidia’s in the past year. A strategic makeover under CEO Fran Horowitz is winning fans on Wall Street and Main.
Stocks splits from the likes of Nvidia and Chipotle and others make shares more affordable for people to buy. Should you? What to know.
Bitcoin and other cryptocurrencies were mixed early Tuesday after a steep selloff the previous day. The market is still digesting the pending refund of assets from the collapsed Mt. Gox crypto exchange. Bitcoin fell sharply from levels of around $64,000 on Monday after news that Mt. Gox’s trustee will begin to return more than $8.5 billion of the crypto owed to creditors from the beginning of July.
The U.S. dollar remains the world's primary reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global reliance on the dollar, a new study by the Atlantic Council's GeoEconomics Center shows. The group's "Dollar Dominance Monitor" said the dollar continued to dominate foreign reserve holdings, trade invoicing, and currency transactions globally and its role as the primary global reserve currency was secure in the near and medium term. Dollar dominance — the outsized role of the U.S. dollar in the world economy — has been strengthened recently given the robust U.S. economy, tighter monetary policy and heightened geopolitical risks, even as economic fragmentation has strengthened a push by BRICS countries to shift into other international and reserve currencies.
Dollar-cost averaging is when you dedicate a consistent amount of money toward your investments on a regular basis. Find out if this investment strategy is right for you.
Stocks are hoping to add a punchline to what's been a high-flying quarter thus far.
As the Singapore market continues to evolve, investors are keenly observing trends and shifts that could signal new opportunities. Amidst these developments, identifying stocks that may be trading below their estimated fair value could offer potential for those looking to diversify or optimize their portfolios in current market conditions.
TOKYO (Reuters) -The Bank of Japan is dropping signals its quantitative tightening (QT) plan in July could be bigger than markets think, and may even be accompanied by an interest rate hike, as it steps up a steady retreat from its still-huge monetary stimulus. Notwithstanding a market shock or severe economic downturn, a rate hike would be on the table at each policy meeting, including July's, said three sources familiar with its thinking. "Given what's happening with inflation, interest rates are clearly too low," said one of the sources.
The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) fell from their record highs seen last week as Nvidia (NVDA) sank for its third session in a row, losing over 6% for the day. With Nvidia and other tech giants, holding much of the weight of the S&P, what does this mean for the future of the index? Yahoo Finance Markets Reporter Josh Schafer joins Market Domination Overtime to break down the top market takeaways for the trading day on June 24. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Bank of America analysts predict a potential surge in gold prices, with estimates reaching $3,000 per ounce within the next 12-18 months. However, they acknowledge current market flows don't necessarily support this price point.
The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4%.
The S&P 500 rose 0.4% and neared its all-time high set a week earlier, while the Nasdaq composite leaped 1.3% for its first gain in four days. Such strength came even as most stocks outside Wall Street’s frenzy around artificial-intelligence technology fell. The Dow Jones Industrial Average, which doesn’t include Nvidia among its members, was a laggard and sank 299 points, or 0.8%.
Australia's central bank said on Wednesday that monetary policy was restrictive with the current cash rate causing financial pain for many households, but it could not rule out further tightening if necessary to tame inflation. In a speech on the banking industry in Melbourne, Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent said interest rates of 4.35% were contributing to slower growth of demand and lower inflation. "We know that many are feeling a painful squeeze on their finances because of higher interest rates," said Kent, noting mortgage payment has already increased to a record 10% of household disposable income.
As the stock market continues to hit new highs, many blue-chip companies have split their stocks this year.
French billionaire Bernard Arnault, Europe's richest man and the chairman of high fashion to champagne group LVMH, has bought a stake in smaller luxury rival Richemont, Bloomberg reported on Tuesday. The exact size of the shareholding in the owner of Cartier jewellery and Arnault's intentions are unclear, the report said. Representatives of Arnault did not immediately respond to a request for comment.
We recently published a list of the 12 Best AI Stocks Leading the ‘Big Tech Race’ to $4 Trillion According to a Famous Wall Street Analyst. Since Oracle Corp (NYSE:ORCL) ranks 7th on the list, it deserves a deeper look. Wedbush Securities analyst Dan Ives has said in a fresh note that major tech giants are […]