Yahoo Finance Western Digital Stock Rises. Why Its Plan to Split Attracted This Bull.
Evercore ISI analyst Amit Daryanani has initiated coverage of Western Digital with an Outperform rating.
Evercore ISI analyst Amit Daryanani has initiated coverage of Western Digital with an Outperform rating.
Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it’s clear that — like the man it’s named after — there’s nothing typical about the stock. “If I woke up tomorrow and shares were zero dollars, or $100, I would not be surprised,” said Matthew Tuttle, a professional investor who bought $800 in Trump Media stock last week when it was at an all-time low. With Trump facing dozens of federal felony charges and hundreds of millions in legal expenses, Trump Media went public on March 26 on the Nasdaq exchange.
Westpac economists have pushed back their prediction for when the Reserve Bank of Australia (RBA) will reduce the cash rate.
Aussies are making tens of thousands of dollars in net income through this popular strategy - but it's not without its downsides. Find out more here.
HECS debts are about to balloon again, but some Aussies could take advantage of a loophole to avoid indexation.
Judo Bank chief economic adviser Warren Hogan predicts it's going to get worse before it gets better.
Westpac Banking ( ASX:WBC ) First Half 2024 Results Key Financial Results Net loss: AU$164.0m (down by 104% from...
Australian workers copped the largest tax increase in the developed world last year. The tax spike disproportionately impacted low and middle-income earners.
Rooting for Donald Trump to fail has rarely been this profitable. Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business — Truth Social — will keep dropping despite massive buying by Trump loyalists and wild swings that often mirror the candidate’s latest polls, court trials and outbursts on Truth Social itself.
With bracket creep fuelling record tax collections, fresh data has revealed Australia’s personal income tax burden grew faster than any other advanced economy last year.
Q3 2024 Western Digital Corp Earnings Call
Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.
Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from Alphabet pushed its market value over $2 trillion, while an in-line inflation reading calmed interest rate jitters. Lifting sentiment further, Microsoft rose 2.5% on beating Wall Street estimates for third-quarter revenue and profit, driven by gains from AI adoption across its cloud services. Other growth stocks also traded higher on the results, with Amazon.com and Nvidia up 2.9% and 5.0%, respectively.
The potential mega merger would give BHP access to Anglo American's copper assets.
Rich Handler is reportedly taking over a boat from billionaire Tilman Fertitta.
(Bloomberg) -- Bill Gross offered some advice to investors as Treasuries and equities slumped Thursday after some worrisome US economic data: “Stick to value stocks, avoid tech for now.”Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapBiden’s Gains Against Trump
When IBM announced its intention to acquire HashiCorp for $6.4 billion on Wednesday at market close, it was easy to conclude that the two companies should fit well together, but a deal comes down to more than strategy. In his meeting with analysts after Wednesday's announcement, IBM CEO Arvind Krishna said he sees HashiCorp as a critical piece of IBM's hybrid cloud management strategy, especially as it relates to generative AI. “As generative AI deployment accelerates alongside traditional workloads, developers are working with increasingly heterogeneous, dynamic and complex infrastructure strategies," Krishna told analysts.
It is more expensive than ever to buy a home in the U.S., according to a new report from the real estate company Redfin. The median home price hit a record $383,725 during the four-week period ending April 21. That’s up 5.2 percent from a year ago, Redfin found, one of the largest leaps in…
In this article, we discuss 13 best growth stocks to invest in for the next 5 years. If you want to skip our discussion on the stock market landscape, head over to 5 Best Growth Stocks To Invest In For the Next 5 Years. Despite facing fluctuations and pressures, the U.S. stock market has shown […]
(Reuters) -Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet surged 10% and closed with a stock market value above $2 trillion for the first time, according to LSEG data, after the company sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback. Microsoft gained nearly 2% and added about $54 billion to its market value.
U.S. Treasury yields hit more than five-month highs after data on Thursday showed that a measure of inflation rose more than expected in the first quarter, even as growth was weaker than thought. Core PCE rose by 3.7%, above expectations for a 3.4% increase. "The market is likely zeroing in on the hot inflation number in the report which was definitely a surprise," said Kevin Gordon, senior investment strategist at Schwab in New York.