Stock Market Moves Toward Highs; Arista, Toast, Palantir Key Earnings Movers: Weekly Review
The major stock market indexes are above their 50-day lines and nearing record or 52-week highs. Big earnings winners and losers continued.
The major stock market indexes are above their 50-day lines and nearing record or 52-week highs. Big earnings winners and losers continued.
It might be tempting in a cost-of-living crisis, but Aussies can face consequences for trying to get a bigger tax return.
Wall Street’s wild day ended on a calmer note.
The Australian stock market showcased resilience today, with the ASX200 climbing modestly by three quarters of a percent. Various sectors vied for dominance, ultimately seeing Financials lead with a 1.5% gain, closely followed by Utilities and Real Estate. In such a buoyant market environment, companies with high insider ownership can be particularly compelling. These firms often benefit from aligned interests between shareholders and management, potentially leading to robust earnings growth...
The Australian share market has started the week in positive territory, as it extended its gains thanks to the big banks.
Nvidia (NVDA) and AMD (AMD) have both made product announcements at Taipei's Computex conference. Nvidia CEO Jensen Huang revealed details about the next-generation "Rubin" chip platform, while AMD launched its new AI processor. KeyBanc Capital Markets technology analyst John Vinh joins Market Domination Overtime to discuss how to weigh these announcements. Vinh highlights that Nvidia's Rubin announcement aligned with the company's annual product cadence for GPU architecture. The analyst highlights that the most important thing investors have been focusing on with Nvidia is its shift from shipping chips and boards to a full-server systems with networking GPUs and CPUs integrated in a single hardware stack. Vinh adds that Huang did not reveal much about Rubin but, given historical tendencies, believes the new platform will get a substantial performance improvement and will boast higher bandwidth memory. While the tech sector is still in the "very early stages" of generative AI, Vinh believes Nvidia has an "extremely bright path ahead." Though other chip companies are returning to investors with "slightly better versions," Vinh says Nvidia is still making very substantial shifts in architecture. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This article was written by Gabriel Roy
Americans are worn down by inflation, so they’re increasingly choosing to buy cheaper products. Companies that offer bargains and staples are reaping the rewards.
Key Insights Given the large stake in the stock by institutions, Woolworths Holdings' stock price might be vulnerable...
(Bloomberg) -- Japan Post Insurance Co. is holding off from buying most domestic super-long bonds, due to concern that the central bank’s reduction of debt purchases may weigh on the market.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceHomebuyers Are Starting to Revolt Over Steep Prices Across USGameStop Shares Double as Gill Post Shows $116 Million BetMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyNvidia Unveils Next-Generation Rubi
In this article, we will talk about The Best Cheap Cologne for Men That Smells Amazing. For our detailed discussion, go directly to the head to 15 Best Cheap Colognes for Men That Smell Amazing. Global Perfume Industry: The global perfume market was valued at $50.85 billion in 2022 and is anticipated to boost at […]
When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...
Taxes are the "retirement time bomb," according to one tax expert. Here's what you can do now.
Not everything is looking great within the record-setting Nasdaq.
While SEEK Limited ( ASX:SEK ) might not have the largest market cap around , it received a lot of attention from a...
Key Insights Neuren Pharmaceuticals' estimated fair value is AU$37.87 based on 2 Stage Free Cash Flow to Equity Current...
Who would have thought Coloradans would have higher average debts than Californians and Hawaiians? Check Out: Nearly Half of Americans Struggle To Pay Their Utility Bills -- 5 Ways To Save Read Next:...
(Bloomberg) -- India will announce election results Tuesday, with investors already cheering a third term victory for Prime Minister Narendra Modi based on exit polls, pushing stocks to a record.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceGameStop Shares Surge as Gill’s Reddit Return Shows Huge BetMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyHomebuyers Are Starting to Revolt Over Steep Prices Across USAMLO Protege Sheinbaum Becom
Both Nvidia (NVDA) and Advanced Micro Devices (AMD) announced new AI chips. Shares of the semiconductor companies are seeing a tick up in Monday's pre-market trading. GameStop (GME) stock is rallying yet again after X user (formerly Twitter) "Roaring Kitty" — the username of Keith Gill — posted a screenshot of his portfolio and his investments in the video game retailer. The validity of Roaring Kitty's current GameStop holdings has yet to be verified. OPEC+ opted to extend its oil (CL=F, BZ=F) production cuts into 2025. 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.
Hong Kong stocks rose by the most in over three weeks after a private report showed the manufacturing sector in mainland China expanded more than expected last month, in contrast with an unexpected contraction in official data. The Hang Seng Index jumped 1.9 per cent to 18,415.14 at 3.10pm local time, the biggest advance since May 10. The Tech Index soared 2.4 per cent while the Shanghai Composite Index declined 0.3 per cent. All but nine out of the 82 index members gained. Tencent jumped 4.3 pe
(Bloomberg) -- At some of the world’s biggest banks, loans to commercial real estate face new litmus tests that promise to shape the sector’s access to financing. Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceGameStop Shares Surge as Gill’s Reddit Return Shows Huge BetMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyHomebuyers Are Starting to Revolt Over Steep Prices Across USAMLO Protege Sheinbaum Becomes First Female President in Mex
Key Insights Institutions' substantial holdings in Boss Energy implies that they have significant influence over the...