Today: 16. Nov, 2024
The stock market’s impressive rally this year is attributed in no small part to a company that might not ring a bell unless you’re deeply into video gaming. Nvidia, known by its ticker NVDA, witnessed an astonishing 222% rise in its stock…
Nvidia, a technological powerhouse, has announced record-breaking sales, more than doubling due to the surging demand for its AI-focused chips. The firm recorded revenues exceeding $13.5bn (£10.6bn) in the quarter ending June. Furthermore, the company is optimistic about the current quarter and…
Vietnam’s prominent car manufacturer, VinFast, has made a resounding entrance onto Wall Street. This arrival has catapulted its market valuation, eclipsing heavyweights like Volkswagen and Ford. VinFast, specializing in electric vehicles, marked its vibrant New York debut this Tuesday, post a merger…
Currently, US Treasury rates are surging. This spells trouble for the stock market and potential homebuyers. Recently, the US 30-year Treasury bond yield soared to its peak since 2011, while the 10-year note saw its best performance since October 2022. When bond…
Berkshire Hathaway disclosed a significant surge in its second-quarter earnings for 2023, marking a sharp contrast to its substantial investment setbacks from the previous year. This resurgence came when the bear market had previously caught even seasoned investors, including Berkshire Chairman Warren…
Seeking higher returns with alternative investments such as real estate and private equity has its challenges. Are these choices suitable for your financial goals? Planning for a secure retirement often hinges on the strategic decisions made about the makeup of your investment…
UPS is already feeling the financial strain of a potential labour agreement with the Teamsters, even before it has come into effect. The company observed a decline in its earnings and revenue in Q2, preceding the finalization of this agreement. Prompted by…
The U.S. just underwent its second credit rating downgrade, but experts see no significant long-term impact on the stock market. A highly unusual downgrade of the U.S. government’s credit rating led to a stock market selloff on Wednesday. However, analysts anticipate the…
For long-term investment opportunities, consider stocks from companies that demonstrate solid financial health, are undervalued, and offer consistent dividends. Identifying the best long-term investment stocks can be approached in several ways. For instance, investors could take a page from the book of…
The second quarter earnings season for US firms commences this week, delivering the profit or loss reports from April to June 2023 while also unveiling fresh inflation data. Many economists are connecting these two elements, spotlighting the trend of the price-price spiral…
