Yahoo Finance Stock Market Heads For Midyear With Nike, FedEx And Micron Technology On Tap
After a week of firsts, Nike, FedEx and Micron Technology are leading the stock market through the last week to midyear.
After a week of firsts, Nike, FedEx and Micron Technology are leading the stock market through the last week to midyear.
"The poor are most definitely not poor because the rich are rich."
Finance expert Ben Nash details how to avoid tax and build your retirement nest egg with these super tricks.
Australia is "straying from the narrow path", so could that spell a recession?
(Bloomberg) -- Australia’s sovereign wealth fund has called time on using government bonds to diversify equity exposure and instead favors hedge funds to balance risk in its A$223 billion ($149 billion) portfolio.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionBolivia’s President Arce Swears in New Army Chief After Coup BidChina’s Finance Elite Face $400,000 Pay Cap, Bonus ClawbacksSupreme Court End
Treasurer Jim Chalmers has given his tick of approval for the major banking takeover.
The yuan is facing its highest level of capital outflow in eight years, according to new research, and data suggest a wave of offshore yuan remittances from Hong Kong to mainland China have helped offset some of the currency's looming depreciation pressures. China's trailing 12-month net capital outflows stood at US$139 billion as of May 2024, the worst year for the figure since the period from 2016 to 2017, said the French investment bank Natixis in a presentation on Tuesday. Firms are reluctan
Aussies are using less and less cash with the drop recorded across ages, incomes and locations.
Nvidia stock is back on the road to recovery, but investors have come face-to-face with a potentially bubble-bursting truth: Every stock can fall.
The Australian market has shown robust performance, rising 11% over the past year with earnings expected to grow by 14% annually. In this context, identifying stocks like Kelsian Group that are considered undervalued could present valuable investment opportunities.
We recently compiled a list of the 50 Biggest Economies in the World by the End of 2024 and in this article we will look at the country that topped our rankings. A Brief Analysis of the World Economic Outlook According to the United Nations, the global economic outlook has improved since January. The global […]
The Australian market has shown robust performance, with an 11% increase over the past year and earnings projected to grow by 14% annually. In this promising environment, dividend stocks like Collins Foods can offer investors both stability and potential income growth.
The worst fears of household borrowers could soon be realised as the Reserve Bank grapples with stubbornly persistent price pressures.
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Chewy stock soared after a cryptic tweet from a popular meme stock investor on Thursday.
German auto giant will collaborate with EV startup on software and electrical tech
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
Micron Technology's (MU) post-earnings decline and Nvidia's (NVDA) shaky sell-off have not been a vote of confidence for the AI landscape to investors this week. Is this the first sign of an AI bubble materializing? To help answer these questions and more, Lead Edge Capital Founder Mitchell Green comes onto Yahoo Finance's Catalysts to talk about the long-term vision of the artificial intelligence trade. "If you believe that the hyperscalers are who are going to spend giants amount of money, I should say hyperscalers and the Singaporean government and the Middle Eastern governments are going to spend more money next year on this stuff. Then it's probably a long. If you think that this CapEx could be some sort of slight bubble, it's probably a short. What we think is it's very real, but this stuff is going to take a lot longer to play out than people think." Green states it could be some of the AI "incumbents" that actually come out on top at the end of the long-term adoption timeline. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
With Nvidia up over 154% year to date, Stifel managing director and chief equity strategist Barry Bannister joins Morning Brief to give insight into Nvidia's (NVDA) recent moves and how the tech giant reminds him of Cisco's (CSCO) performance during the dot-com bubble. "What happened with Cisco (CSCO) is, and same thing happened to Microsoft (MSFT), and Amgen (AMGN) and a number of other big cap stocks, is their PE multiple was too high and they earned into it over the course of the next 15 years. So the earnings went up dramatically, as was expected. This happened with the nifty 50 stocks in the early 70s. They earned very well, but their PE multiples were too high ... those companies had these mid-30s, 40-time multiples. They earned into it over the course of a decade," Bannister explains. He outlines the similarities between the dot-com bubble and the AI sector today: "But what we have today is extreme optimism on new technology. Then it was the internet, now it's AI. Narrow markets, increasingly narrow markets with a high valuation. Equity ownership was very high. And the day traders and all that. I'm just saying that you have to have been there 25 years ago to remember that it was a very similar feeling environment today." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Meridian Funds, managed by ArrowMark Partners, released its “Meridian Hedged Equity Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. Risk assets continued to rise while market volatility remained low in the first quarter, perhaps indicating that investors are becoming somewhat complacent. In the quarter, the fund appreciated 5.46% […]