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    Billionaires Are Buying Up This “Magnificent Seven” Stock Instead

    by skolnes September 11, 2024
    September 11, 2024

    With a market cap of over $3.3 trillion, Apple is the world’s largest public company. Yet, it’s time for investors to forget it. Well, not literally — just figuratively. That’s …

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    Nvidia CEO Says Chipmaker Is Seeing ‘Incredible’ Demand, Sending Stock Higher Wednesday

    by skolnes September 11, 2024
    September 11, 2024

    Annabelle Chih / Bloomberg / Getty Images Nvidia CEO Jensen Huang at COMPUTEX 2024, an industry trade show, in Taipei, Taiwan, on June 2, 2024 Key Takeaways Nvidia shares surged …

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    IBM to take $2.7 billion charge related to transfer of pension obligations

    by skolnes September 11, 2024
    September 11, 2024

    (Reuters) – IBM (IBM) said on Wednesday it expects a pre-tax charge of nearly $2.7 billion in the third quarter, related to a transaction involving the transfer of some of …

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    Nvidia CEO Says Customer Relations Are ‘Tense’ Due to Shortages

    by skolnes September 11, 2024
    September 11, 2024

    (Bloomberg) — Nvidia Corp. Chief Executive Officer Jensen Huang, whose products have become the hottest commodity in the technology world, said that the scramble for a limited amount of supply …

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  • Cryptocurrency News

    Why Nvidia Stock Popped Today

    by skolnes September 11, 2024
    September 11, 2024

    Shares of Nvidia (NASDAQ: NVDA) were moving higher today on several news items, including a cooler-than-expected inflation report this morning, a well-received presentation at a Goldman Sachs conference this morning, …

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    Nasdaq, S&P 500 surge as Nvidia leads bounce back from post-CPI sell-off

    by skolnes September 11, 2024
    September 11, 2024

    After a hotter-than-expected inflation reading on Wednesday, markets have quickly moved to price in a higher likelihood that the Federal Reserve will opt for a small interest rate cut at …

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  • Cryptocurrency News

    What a bigger-than-expected Fed rate cut would mean for the stock market

    by skolnes September 11, 2024
    September 11, 2024

    After a hotter-than-expected inflation reading on Wednesday, markets have quickly moved to price in a higher likelihood that the Federal Reserve will opt for a smaller, more conservative interest rate …

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  • Cryptocurrency News

    Trump stock trades fade after fiery presidential debate

    by skolnes September 11, 2024
    September 11, 2024

    Stocks previously seen as beneficiaries of former president Donald Trump’s prospects for a second term tanked on Wednesday after a presidential debate between the candidate and Democratic candidate Kamala Harris. …

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  • Cryptocurrency News

    They will make our stock look more attractive

    by skolnes September 11, 2024
    September 11, 2024

    AT&T CEO John Stankey thinks his stock’s 5%-plus dividend yield could look juicy as interest rates decline and investors hunt for income. “We have a very attractive dividend out there …

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  • Cryptocurrency News

    Why Beaten-Down Stock Albemarle Is Surging Today

    by skolnes September 11, 2024
    September 11, 2024

    Shares of lithium giant Albemarle (NYSE: ALB) skyrocketed this morning, surging 16.7% in early morning trading after an industry development triggered a buying frenzy in lithium stocks, which have seen …

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