Stocks @ Night is a renowned daily newsletter that provides insights into the stock market after hours. It offers a unique perspective on what to expect in the upcoming trading session. The tech giant, Broadcom, is set to report its earnings post-market on Thursday. This news has piqued the interest of CNBC TV’s Seema Mody,
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Tiger 21, a network of ultra-high-net-worth investors and entrepreneurs, has recently released an asset allocation report that sheds light on the investment preferences of its members. Surprisingly, more than half of Tiger 21’s members have chosen not to invest in chip giant Nvidia, a decision that has raised eyebrows in the financial world. With a
The stock market has been on a rollercoaster ride lately, with some major players experiencing significant loss. Nvidia, for example, lost a whopping $279 billion in market value in a single day, marking the fifth time the stock has taken such a hit. With a 9.5% drop on Tuesday alone, Nvidia is now down 23.3%
The Federal Reserve is anticipated to cut interest rates in September, which means that dividend-paying stocks could be poised to outperform other income-generating assets like bonds. These stocks are likely to become more attractive due to higher dividend yields. With an abundance of companies offering dividends, investors may face challenges in selecting the best stocks.
Warren Buffett, at the age of 94, has achieved unparalleled success with his conglomerate, Berkshire Hathaway, reaching a milestone of over $1 trillion in market capitalization. This remarkable feat has been credited to his strategic vision and remarkable insight by Howard Marks, a fellow investor and friend. It is the combination of well-thought-out strategies executed
One stock that caught the attention of CNBC TV’s producers during Thursday’s trading was Marvell Technology. The stock saw an 8% increase after hours due to better-than-expected revenue in the latest quarter. However, it is important to note that Marvell is down 18% from its March high, despite a recent 8% increase. In addition, the
When analyzing the information provided, it is clear that Nvidia has experienced significant growth in the past year. The stock has surged 159% in 2024 alone, which is an impressive feat. Despite this remarkable performance, the stock is still 8.8% from its June 20 high, indicating some potential resistance at that level. The fact that
Portillo’s is a well-known fast-casual restaurant chain in the United States, famous for its Chicago-style hot dogs and sausages, Italian beef sandwiches, burgers, salads, fries, and shakes. The company, with a stock market value of $901M, has been facing challenges in recent years despite its iconic status in the industry. Engaged Capital, a small-cap investor
The rise of online sports betting has had a detrimental effect on personal finances, especially for those who are already facing financial difficulties. A recent study titled “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households” highlighted the concerning trend of increased sports betting following the legalization of the activity in 38 states across the
In the world of stock market trading, staying informed about recent activist campaigns is crucial. Elliott Management has been making significant moves in the market, such as buying into Texas Instruments, Southwest Airlines, and Starbucks. While the stock of Texas Instruments has seen a 1.7% increase, Southwest Airlines has witnessed a 4.4% decrease since Elliott’s