This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with:I have never been one to have a cluttered desk at work.To me, everything has a place. Awesome desk organization, awesome outcomes, is how my head works.But I broke this rule slightly by the close of trading on Friday. Going forward, I will have a paper cutout of Nvidia (NVDA) CEO Jensen Huang in his trademark leather jacket thumbtacked to the wallboard (see pic below). And I’ll tell you why.For one full day this week I forgot to check…
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Odds of a “no landing” scenario for the economy are rising amid continued strong economic data.This scenario is bullish for stocks, even if it means slower rate cuts.High dividend-yielding sectors will benefit as short-term rates fall first. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. As Wall Street engaged in a forecasting tug-of-war over…
Yes, investors can invest in AI without taking on significant risks. Investing in artificial intelligence (AI) can pose a notable challenge for some investors. Many potential shareholders might have too much of an aversion to risk buying individual stocks. Others more tolerant of risk might be leery of an Nvidia after a massive run-up or hesitant to buy a stock like Super Micro Computer, which delayed filing a report to the SEC. Fortunately, such investors can turn to exchange-traded funds (ETF), which invest in a basket of stocks matching certain criteria and are managed by professionals. When it comes to…
Stocks secured their sixth straight week of wins on Friday as strong earnings from Netflix (NFLX) boosted the overall tech sector. The attention now turns to other Magnificent Seven names, with EV maker Tesla (TSLA) set to report quarterly results on Wednesday.The Dow Jones Industrial Average (^DJI) led markets higher, up about 1% over the past week. The benchmark S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) followed, each securing weekly gains of around 0.9% and 0.8% respectively.Both the Dow Jones and S&P 500 reached all-time highs throughout the course of the week as well.Meanwhile, the rotation out of megacap…
A view of damaged buildings following Israeli attacks on Laylaki and Haret Hireyk neighborhood of Dahieh region in Beirut, Lebanon on October 1, 2024. Houssam Shbaro | Anadolu | Getty ImagesIsrael struck what it said were Hezbollah arms facilities in southern Beirut on Saturday after the Lebanese armed group fired rockets into northern Israel and a spokesman said a drone was launched at Prime Minister Benjamin Netanyahu’s holiday home.Netanyahu was not there at the time, and it was not immediately clear if the building was hit. But he described it as an assassination attempt by “Iran’s proxy Hezbollah” and called it…
By Nidal al-Mughrabi CAIRO (Reuters) – A total of 87 people were killed or missing under the rubble after an Israeli attack on Saturday on northern Gaza’s town of Beit Lahiya, with more than 40 wounded, the Palestinian enclave’s health ministry said on Sunday. The Israeli military has said it was investigating reports of the incident, which left one of the highest casualty tolls in months. Earlier, it said a total of 73 reported by the Hamas media office appeared exaggerated given the nature of the munitions used in the strike, which it said hit a Hamas target. Gaza’s health…
Alimentation Couche-Tard leverages economies of scale in a fragmented market, acquiring smaller stores at low multiples. Read why ANCTF stock is a Buy. Source link
Image source: Getty Images With only so many hours in a day, passively earning a second income is an attractive proposition. And as it turns out, it doesn’t even take that much capital. Investing just £200 a month – more than half the average household savings rate – is enough to boost an annual income. Leveraging dividends If earning a second income’s the objective, dividend stocks are likely the best place to start hunting investment opportunities. These businesses are typically much larger and more established. And that can come with some powerful advantages like lower volatility and greater resilience to…
(Reuters) – Boeing (NYSE:) is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or underperforming units, the Wall Street Journal reported on Sunday. The planemaker last week reached an agreement to offload a small defense unit that makes surveillance equipment for the U.S. military, the paper reported, citing people familiar with the deal. Boeing has lurched from crisis to crisis this year, ever since Jan. 5 when a door panel blew off a 737 MAX jet in mid-air. Since then, its CEO has departed, its production has been slowed as regulators investigate its…
In three days, the crypto trader made $9 million in profit on the newly launched GNON memecoin on Solana. Source link