Company News for May 23, 2024

The Smart Investor
Here’s How a Dividend Investment Strategy Can Help You Retire Comfortably
Dividend investing may not sound attractive, but it is effective enough to help you achieve a happy retirement. The post Here’s How a Dividend Investment Strategy Can Help You Retire Comfortably appeared first on The Smart Investor.
Insider Monkey
Is Alibaba Group Holding Ltd (NYSE:BABA) the Best Undervalued AI Stock?
We recently published a list titled 10 Best AI Stocks With More Upside on $1.2 Trillion AI “Value Creation Opportunity”. Since Alibaba Group Holding Ltd (NYSE:BABA) ranks 8th in the list, it deserves a deeper look. UBS Global Wealth Management’s (GWM) recently published a detailed report discussing different layers of the AI “value chain,” estimating the combined market […]
GOBankingRates
How Much Will Your Amazon Shares Be Worth in 5 Years? Stock Experts Project
Amazon (Nasdsq: AMZN) stock has long been a darling of tech sector investors. Even when the share price dropped by almost half in 2022, investors still buy it. Right now, it sits at number 5 on the...
GOBankingRates
The US Debt Is Near $1,000,000 Per American: Where the Money Went and Why It Matters to You
America has a problem: We, as a country, are in a massive money hole. It's one of many issues the nation is currently facing and attempting to figure out a solution forward. While many nations...
Barrons.com
A Veteran Value Investor on 3 Things to Avoid—and Why He Likes Meta Stock
Kevin Holt, manager of Invesco’s Comstock fund, studies companies over a 20-year cycle. Energy, healthcare stocks also make his list.
Reuters
Analysis-Nvidia’s staggering gains leave investors wondering whether to cash in or buy more
The huge rally in Nvidia Corp's shares has investors weighing whether to cash in, hold on for more gains or chase a stock that has tripled during the past year. Nvidia this week briefly became the largest U.S. company by market value on the back of a more than 1,000% surge in share price since October 2022. Nvidia bulls say more gains are coming.
Simply Wall St.
Investors in British American Tobacco (Malaysia) Berhad (KLSE:BAT) have unfortunately lost 58% over the last five years
Generally speaking long term investing is the way to go. But no-one is immune from buying too high. For example, after...
Yahoo Finance
Investors are buying into AI and Musk any way they can: Morning Brief
The market rally never broadened, but investors are finding ways to get in on AI.
Zacks
Advanced Micro Devices (AMD) Dips More Than Broader Market: What You Should Know
Advanced Micro Devices (AMD) closed the most recent trading day at $161.23, moving -0.34% from the previous trading session.
South China Morning Post
Swiss private equity giant Partners Group opens Hong Kong office with eye on rich clients
Switzerland-based private-equity giant Partners Group has opened an office in Hong Kong, becoming the latest investment firm to expand its wealth management business in the city. Partners Group plans to use Hong Kong as a gateway to invest in mainland China, with the office to be headed by veteran fund manager Henry Chui. "Given that Hong Kong is one of the largest global financial centres in the world, opening an office is a great way for us to develop our business further in the region by tapp
Barrons.com
Tesla Deliveries Have Been Lousy. That’s Not About to Change.
Barclays’s Dan Levy expects the EV maker will have delivered 415,000 cars in the second quarter. That is below the analyst consensus call.
Zacks
CRAI or IT: Which Is the Better Value Stock Right Now?
CRAI vs. IT: Which Stock Is the Better Value Option?
Yahoo Finance Video
Tech records, oil, Nvidia's future: Market Takeaways
Tech sector funds have seen record inflows this week, according to Bank of America's Investment Strategy and EPFR, while crude oil prices (BZ=F, CL=F) are on the rise. In addition, Nvidia (NVDA) shares were bogged down in Friday's session following a sell-off on Thursday. What is in the chip giant's future, and can its stock price manage to bounce back? Yahoo Finance's Jared Blikre walks through the latest market trends for Friday, June 21. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Nicholas Jacobino
Moneywise
Knoxville woman sent her car in for repairs — but then the dealership sold it. Here’s how you could be at risk too
Trust no one.
Zacks
Zacks Investment Ideas feature highlights: QQQ, SPY, Nvidia, Microsoft, Apple and QQQE
QQQ, SPY, Nvidia, Microsoft, Apple and QQQE are part of the Zacks Investment Ideas article.
Moneywise
The average American millionaire is 61 years old — here’s why young people are having a hard time joining the $1M club
Seniors have become a major spending force.
Investing.com
Nvidia, Microsoft or Apple: Here's which stock analysts are betting on
Investing.com – The battle between Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) for the title of the world's highest market capitalization has been ongoing since early January, when the iPhone maker ceded the crown to the company founded by Bill Gates, only to reclaim it on June 12. A few days later, NVIDIA Corporation (NASDAQ:NVDA) joined the race, and with the help of artificial intelligence, managed to occupy the top spot for market cap worldwide, albeit for a single session.
Reuters
Rally in U.S. big tech stocks may be getting stretched
A blistering rally in U.S. big tech stocks may be due for a breather, offering hope for market segments that have been more tepid this year. Although the S&P 500 is up 14.6% this year, most of the broader index's gains have been concentrated in the information technology and communications sectors - up 28.2% and 24.3%, respectively. Many investors believe the long-term case for tech stocks is solid, given their strong earnings and excitement over the revolutionary potential of artificial intelligence.
Reuters
Gold slides as US dollar, yields rise; palladium hits one-month peak
(Reuters) -Gold prices dropped more than 1% on Friday, weighed down by a stronger dollar and higher bond yields after data showed strong U.S. business activity, while auto-catalyst metal palladium jumped to a one-month high. Spot gold was down 1.7% at $2,319.95 per ounce as of 01:47 p.m. ET (1747 GMT). "We're likely seeing a reaction to the bump in interest rates this morning and the continued strong dollar that is in the aftermath of the data that came out earlier," said Bart Melek, head of commodity strategies at TD Securities.
Reuters
Analysis-Cash is leaving China again, pressuring yuan
A sliding yuan and extensive outflows of cash from the mainland into Hong Kong show China's domestic investors are shelving expectations for any immediate recovery in their home markets and fleeing to the closest better-yielding assets. The yuan has dropped to seven-month lows this week, alongside a reversal in equity investment flows into China. Analysts said Hong Kong's stockpile of yuan deposits has also grown as mainland investors use their limited offshore investment channels to seek higher yields and companies prepare to pay annual dividends, adding to the pressure on the currency.

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Company News for May 23, 2024

Latest stories

Here’s How a Dividend Investment Strategy Can Help You Retire Comfortably

Is Alibaba Group Holding Ltd (NYSE:BABA) the Best Undervalued AI Stock?

How Much Will Your Amazon Shares Be Worth in 5 Years? Stock Experts Project

The US Debt Is Near $1,000,000 Per American: Where the Money Went and Why It Matters to You

A Veteran Value Investor on 3 Things to Avoid—and Why He Likes Meta Stock

Analysis-Nvidia’s staggering gains leave investors wondering whether to cash in or buy more

Investors in British American Tobacco (Malaysia) Berhad (KLSE:BAT) have unfortunately lost 58% over the last five years

Investors are buying into AI and Musk any way they can: Morning Brief

Advanced Micro Devices (AMD) Dips More Than Broader Market: What You Should Know

Swiss private equity giant Partners Group opens Hong Kong office with eye on rich clients

Tesla Deliveries Have Been Lousy. That’s Not About to Change.

CRAI or IT: Which Is the Better Value Stock Right Now?

Tech records, oil, Nvidia's future: Market Takeaways

Knoxville woman sent her car in for repairs — but then the dealership sold it. Here’s how you could be at risk too

Zacks Investment Ideas feature highlights: QQQ, SPY, Nvidia, Microsoft, Apple and QQQE

The average American millionaire is 61 years old — here’s why young people are having a hard time joining the $1M club

Nvidia, Microsoft or Apple: Here's which stock analysts are betting on

Rally in U.S. big tech stocks may be getting stretched

Gold slides as US dollar, yields rise; palladium hits one-month peak

Analysis-Cash is leaving China again, pressuring yuan