The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan, May 30, 2017.Tyrone Siu | ReutersNvidia's blistering rally will force a major technology exchange-traded fund to acquire more than $10 billion worth of shares of the chip giant while cutting dramatically back on Apple.The...
Category: Investing
Apollo’s co-president said it is one of the few private equity firms OK with higher rates
Back in December 2023, when the market was pricing in six or so rate cuts, Apollo Asset Management Co-President Scott Kleinman had a more contrarian view: He said he'd be betting against any rate cuts in 2024. That call so far has paid off. But higher-for-longer rates haven't necessarily been a tailwind for...
Top Wall Street analysts are optimistic on the outlook for these 3 stocks
The debate around when the Federal Reserve will start to lower interest rates continues to influence market sentiment. Investors are interpreting important macroeconomic data, including jobs market reports, to decipher the current state of the U.S. economy. At the same time, Wall Street analysts continue to focus on picking individual...
GameStop shares slide 12% following Friday’s 40% sell-off
Keith Gill, a Reddit user credited with inspiring GameStop's rally, during a YouTube livestream arranged on a laptop at the New York Stock Exchange on June 7, 2024.Michael Nagle | Bloomberg | Getty ImagesGameStop shares fell about 12% on Monday as the meme stock extended Friday's sell-off sparked by a dismal...
Top Wall Street analysts are bullish on these dividend stocks
Traders work on the floor of the New York Stock Exchange.Brendan McDermid | ReutersIn tumultuous markets, investors can turn to dividend-paying stocks that offer income and can help cushion a portfolio in tough times.Given the massive universe of dividend-paying companies, selecting the right stocks can be a difficult task. To...