The article from CNBC TV’s Stocks @ Night discusses the performance of tech giant Broadcom and its position as the third biggest component in the VanEck Semiconductor ETF. It highlights the stock’s upward trend of 16% in the past three months and its 38% increase in 2024. While these numbers suggest a positive outlook, it
Investing
A recent asset allocation report from the network of ultra-high-net-worth investors and entrepreneurs, Tiger 21, has shed light on some surprising insights. More than half of Tiger 21’s members have chosen not to invest in chip darling Nvidia. The report revealed that a staggering 57% of members have steered clear of investing in Nvidia. One
In recent market activity, Nvidia experienced a significant decline in market value, losing $279 billion in just one day. This drastic drop marks the fifth time that Nvidia has seen such a substantial loss, with a 9.5% decrease in stock price. While the stock has shown resilience, being up 118% in 2024, the recent antitrust
Dividend-paying stocks are expected to outperform in the current market environment, especially with the Federal Reserve’s looming interest rate cut in September. This is due to the attractiveness of dividend yields compared to other income-generating assets such as bonds. However, selecting the right dividend stocks from the vast universe of companies can be a challenging
Marvell Technology saw a rise of about 8% after hours following a better-than-expected revenue report in the latest quarter. However, the stock is still down 18% from its March high. The VanEck Semiconductor ETF (SMH) is currently 16% from the July 11 high, with a year-to-date increase of 36%. Marvell holds a significant position as
Warren Buffett, the legendary investor, turned 94 this year, and his company, Berkshire Hathaway, has reached unprecedented heights in terms of market capitalization. Howard Marks, a renowned investor and friend of Buffett, attributes his success to a combination of well-thought-out strategies executed with discipline, consistency, and unparalleled insight. It is this unique blend of qualities
The CNBC nightly stocks newsletter provided a broad overview of the performance of various companies after hours. The newsletter highlighted key points such as Nvidia’s decline by 7% after reporting its quarterly report, Salesforce’s 4% increase after beating expectations, and CrowdStrike’s downfall of over 2% despite reporting positive earnings. While the newsletter provided a quick
The stock market has been experiencing some modest rises recently, with Tuesday showing a positive trajectory. Nvidia has been a key player in this movement, with a significant increase in its stock value over the past year. The stock is currently 8.8% from its June 20 high, showcasing a strong performance over time. Nvidia has
Portillo’s, a well-known fast-casual restaurant chain in the United States, is facing some challenges in its business operations. With the stock market value at $901M and a percentage ownership of 9.90%, the company has caught the attention of activist investors like Engaged Capital. Let’s dive into the details of what’s brewing at Portillo’s and what
The Inflation Reduction Act has ignited a manufacturing boom across the United States, with investments totaling tens of billions of dollars, particularly in rural areas that are in need of economic development. Since President Joe Biden signed the IRA into law in August 2022, companies have announced a staggering $133 billion of investments in clean