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Nvidia Likely To Announce Surprise Positive Earnings Next Month, Says Goldman Sachs After Meeting Top Company Exec
Nvidia continues to witness high demand for its AI GPUs and will start disclosing ROI metrics for end users from the next earnings call onwards.
Analysts See Tech Companies Leading the Rally Ahead of Q2 Earnings, Lifts Target Price Over 20% For 3 Tech Stocks
Wedbush Securities analysts led by Dan Ives believe Q2 earnings will be a positive catalyst for tech stocks, which could climb another 15% this year.
Nancy Pelosi's Portfolio Returned Over 700% In a Decade: Copy Her Investment Strategy Here
Nancy Pelosi and several members of the US Congress have tech-heavy investment portfolios that have generated triple-digit returns over the past decade.
The S&P 500 Returned an Average of 11% In the Second Half of Election Years with an Incumbent Running for Reelection
Since the S&P 500's inception in 1957, there have been 16 presidential elections, half of which had incumbents running for their second terms.
SkyBridge Capital's Anthony Scaramucci Explains Why Bitcoin Prices Could Reach $100K By Year-End
Despite mounting selling pressures on Bitcoin, Anthony Scaramucci sees multiple bullish factors for the coin and thinks it can reach a value of $100,000 by year-end.
Warren Buffett Has Over 10% Of His Portfolio in Two Energy Stocks That Are Also Dividend Aristocrats
Billionaire investor Warren Buffett has been heavily investing in energy stocks in recent years as the companies accelerate innovation of low-carbon technologies.
Kevin O'Leary Says It Is Possible To Retire With $500K and No Extra Income - Here's How
Shark Tank star and investor Kevin O'Leary says it is possible to survive in retirement with $500,000 in the bank, but his approach may be unrealistic for many.
Jeff Bezos To Sell Amazon Shares for The Second Time This Year as Stock Price Surges to Record Levels
Jeff Bezos plans to sell a portion of his stake in Amazon for the second time this year as the e-commerce giant's stock price surpassed record levels to peak at $200.20 this week.
How Billionaire Investor Ray Dalio's 'All Weather' Investment Approach Earned Him A Fortune
Ray Dalio's offensive and defensive investing strategies, combined with diversification across industries and asset classes, have helped him amass a personal fortune of $15.4 billion.
JPMorgan's Chief Strategist Reiterates Bearish Outlook, Says The S&P 500 Will Fall 23% By Year-end
JPMorgan strategist Marko Kolanovic forecast a significant S&P 500 decline by year-end as US GDP growth in Q1 slowed considerably amid headwinds like downward earnings revisions.
Palantir's Year-long Rally Gains Momentum After Expanding Partnership with Voyager Space
Palantir Technologies shares have gained over 50% year-to-date amid the AI boom as revenue from government contracts and commercial clients continues to increase steadily.
EV Startup Rivian Shares Jump Over 50% After $1 Billion Investment from Volkswagen
California-based Rivian will form a joint venture with Volkswagen and offer its electrical architecture expertise to expedite the development of a new-age, software-defined vehicle technology platform.
Hedge-fund Manager Says Nvidia Will Hit a $6 Trillion Valuation by Year-end
EMJ Capital founder Eric Jackson believes Nvidia shares are trading at a cheap valuation and will hit $250 by 2024-end as investors focus on Blackwell products and next year's earnings.
Top Executive at GraniteShares Is Bullish on Cybersecurity, Recommends Four Stocks Held by The $5 Billion Investment Firm
The cybersecurity sector is poised for growth despite rising cybercrimes, geopolitical tensions and conflicts as governments and the private sector increasingly rely on the cloud for data storage and transfer.
Billionaire Warren Buffett Scoops Up Over 7 Million Shares Of This Oil Company In 2 Weeks
Occidental Petroleum's grand ambitions of low-carbon energy transition caught Warren Buffett's attention. Berkshire Hathaway holds almost 29% stake in the energy firm.
'Big Short' Investor Steve Eisman, Who Predicted '08 Market Crash, Says To Hold On To Apple Stocks
Steve Eisman believes that the demand for AI and infrastructure is pushing the economy to new heights, and Apple has a central role in it.
Billionaire Warren Buffett's Five-Step Approach to Investing in Value Stocks
Buffett targets companies with decent profit margins, low debt, less reliance on commodities, and those with long-term growth potential but trading below their intrinsic values.
From Car Valet to Millionaire Trader: Man Who Made $10M Shares 4 Funds He Invests Long-term
Right out of high school, Jack Kellogg learned about trading while working as a car valet. Despite losing money initially, he has netted millions in profits since 2020.
Steve Cohen's Point72 Ups Stake in Boeing by Over 400% in Q1, Opens New Position in Broadcom
Boeing has trimmed delivery and production of its 737 Max fleet, while Broadcom's quarterly revenue jumped 34% YoY on high chip demand for AI data centres.
What Is the New Texas Stock Exchange (TXSE): Location and Everything You Need To Know
Financial giants are backing the launch of the Texas Stock Exchange, which aims to welcome companies frustrated with the complex disclosure, listing rules and associated costs at the NYSE and Nasdaq.
George Soros's Fund Sells Uber, Novo Nordisk in Q1 to Focus on AI, Construction, and Apparel Stocks
Soros Fund Management made several changes to its portfolio in Q1, increasing stakes in Alphabet, Nike, and D.R. Horton.
JPMorgan Forecast Over 85% Upside for Two Biopharma Stocks Targeting Obesity and Chronic Conditions
The two biopharma firms have developed drug candidates to treat autoimmune and pulmonary diseases. They have demonstrated good safety profiles and efficacy in various stages of clinical trials.
What Does Nvidia's 10:1 Stock Split Mean for Shareholders?
Leading chipmaker and AI player Nvidia announced a 10:1 stock split for the company's common stock that will take place on June 7.
Billionaire Bill Gates' Trust Sells Microsoft, Buffett's Berkshire Hathaway in Q1, Walmart Stake Increases by 200%
The Bill and Melinda Gates Foundation recently revealed selling millions of shares of Microsoft and Berkshire Hathaway in Q1, coinciding with Melinda Gates' resignation as co-chair of the trust.
Ark Invest CEO Cathie Wood Boosts Stake in Firms Making Breakthroughs in Gene Editing, AI Drug Development, and Obesity Drugs
Cathie Wood splurged millions in biotech this year on strong clinical progress, AI adoption, sales growth, wider outreach, and steady product pipelines.
Billionaire David Tepper, Who Bet on Failing Banks in the '08 Crisis to Profit By $7 Billion, Massively Diversifies Tech Stake in Q1
Cheap AI-focused China tech stocks and growing speculations of the US tech rally cooling off soon are prompting investors like David Tepper to capitalize on the valuation gap.
This 'Boring Business Stock' Turned $10,000 to $4 Million
AutoZone shares have climbed 40,520% since its IPO on smart capital allocation, strong cash flow generation, ESG disclosures, and more cars hitting the road.
Dow Jones jumps past 23,000 points as UnitedHealth shares rally
US blue chip index crosses historic mark for the first time driven by health insurance and consumer goods shares.
Dow Jones soars past 22,000 points as Apple shares spike
US blue chip index reaches historic milestone on early rally stateside.
US equities close higher as Wall Street marks Fed's plan to scale back balance sheet
The S&P 500 posted a record close at 2,404.39.