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Tech Stocks Lead Dow Jones Industrial Average To Largest Drop In Almost Two Years
Monday, August 5, 2024 - 7:32pm | 516Read More...Stocks declined across the board on Monday as investors worried that the U.S. economy was weakening after Friday’s cooler-than-expected jobs report. The Dow Jones Industrial Average fell 2.6%, or 1,034 points, and the S&P 500 shed 3%, or 160 points, to mark their greatest one-day losses...
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Day After Fourth Of July Is Historically A Down Day For US Stock Market
Thursday, July 4, 2024 - 10:36am | 360Read More...The day after the Fourth of July might be a better day to catch up on emails and phone calls rather than place bets on the market. According to Macrotrends data, the Dow Jones Industrial Average — a stock market index of 30 prominent companies listed on U.S. stock exchanges — has fallen on the...
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RBC Calls Itself 'A Nervous And Jumpy Bull' As It Raises S&P 500 Outlook
Tuesday, July 2, 2024 - 6:10pm | 740Read More...RBC Capital Markets raised its outlook on the S&P 500 Index for the second half of this year, but it is doing so with trepidation. The investment bank lifted its 2024 price target for the S&P 500 from 5,300 to 5,700, calling the move “a nervous raise” on Tuesday. “The...
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Nvidia Rebounds Over 6% After $550B Market Cap Loss
Tuesday, June 25, 2024 - 4:53pm | 526Read More...Nvidia Corporation (NASDAQ:NVDA) gained over 6% on Tuesday after losing a staggering $550 billion in market value since Thursday, June 20. The company had become the most valuable on the planet last week when it reached a market capitalization of $3.46 trillion. The artificial-intelligence company...
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As Small Caps Lag 20% Behind S&P 500, Reddit User Says Market Cap Definitions 'Should Really Be Readjusted For Inflation'
Monday, June 17, 2024 - 9:22am | 1057Read More...In a recent discussion on Reddit, users are debating the necessity of adjusting market cap definitions to account for inflation. Small Cap Value has never been more brutal byu/AbuSaho instocks This topic has garnered attention as small-cap value stocks lag significantly behind the S&P 500...
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S&P 500 Index Year-End Target Raised To 5,600 By Goldman Sachs On Strong Tech Earnings And Valuation Expansion
Monday, June 17, 2024 - 5:27am | 726Read More...Goldman Sachs Group has revised its year-end target for the S&P 500 Index to 5,600, up from the previous 5,200. The adjustment is attributed to the robust earnings growth of five major U.S. tech companies and an increased fair value price-to-earnings ratio. What Happened: The revised target...
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Ray Dalio: US 'On The Brink' Of Civil War, But Not One Where People 'Grab Guns And Start Shooting'
Tuesday, May 21, 2024 - 12:36pm | 851Read More...Billionaire investor and founder of Bridgewater Associates, Ray Dalio, has issued a grave warning about the escalating political and social divisions in the U.S. ‘We Are Now On The Brink’ Of Civil War – Dalio In a recent interview with the Financial Times, Dalio estimated that...
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'Playing The Rumor, Not The News': Reddit Users Speculate On Potential S&P 500 Inclusions
Friday, May 17, 2024 - 11:16am | 608Read More...As June approaches, investors are eyeing potential additions to the S&P 500 index, looking for opportunities to ride the wave of hype and speculation. Possible SP500 Inclusions June 20th? byu/breakyourteethnow instocks Redditor breakyourteethnow anticipates Palantir Technologies Inc (NYSE:...
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5 AI Stocks That Drove S&P 500's Q1 Gains
Tuesday, April 2, 2024 - 8:50am | 697Read More...Artificial Intelligence (AI) has become a cornerstone technology driving innovation across various sectors, from healthcare to finance. In the first quarter (Q1) of this year, the S&P 500 Index witnessed gains of over 10% year-to-date (YTD). A significant portion of these gains can be...
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Tech Rally Or Dotcom Déjà Vu? The Magnificent Seven's Secret Sauce Unveiled
Friday, March 1, 2024 - 4:06pm | 839Read More...The U.S. tech rally has been nothing short of spectacular over the past year. According to Peter Callahan, a sector specialist at Goldman Sachs Global Banking & Markets, it’s not just a fleeting phenomenon but is rooted in sustainable and enduring fundamentals. The S&P 500 Index is...
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Beyond Nvidia: How To Navigate Investing In Your 40s — Insights From Reddit
Wednesday, February 14, 2024 - 3:14pm | 845Read More...Investing in your 40s can be a daunting task, especially for those who are relatively new to the game. A Reddit user, u/kickinwood, recently reached out to the community seeking advice beyond the hunt for the “next NVIDIA Corp (NASDAQ:NVDA).” The post received several thoughtful...
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Broadcom Stock Reaches Record Heights On Semiconductor, AI Boom: How High Do Analysts Expect It To Climb?
Thursday, January 25, 2024 - 11:17am | 675Read More...Broadcom Inc (NASDAQ:AVGO) stock made new all-time highs on Wednesday as it recorded a high of $1,284.55 during the trading day. The high-end of the 52-week range for the stock now stands at $1,284.55. This fabless giant, best known for its extensive range of semiconductors and infrastructure...
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Stock Market Extends Record Highs, S&P 500 Hits 4,900 On Tech Rally, Microsoft's $3 Trillion Mark: What's Driving Markets Wednesday?
Wednesday, January 24, 2024 - 3:38pm | 1209Read More...It’s a bullish day on Wall Street, with major U.S. large-cap indices reaching record highs, driven by broad-based rallies in tech-related stocks as investors continue to embrace the AI trade. The U.S. government announced on Wednesday the National Science Foundation, in collaboration with...
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Happy Birthday S&P 500 SPY ETF! If You Invested $1,000 In SPY At Launch, Here's How Much You'd Have Today
Monday, January 22, 2024 - 2:59pm | 788Read More...The first U.S-based exchange-traded fund celebrates another birthday Monday and remains one of the most popular ETFs today. Here's a look at the history of the SPDR S&P 500 ETF Trust (NYSE:SPY) and how much an investment at launch would be worth today. What Happened: Launched with seed funding...
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S&P 500 Index Reaches All-Time Highs: AI, Rate Cut Hopes Cement The Milestone
Friday, January 19, 2024 - 3:12pm | 1052Read More...The S&P 500 Index, a widely-followed gauge of the U.S. stock market, achieved a fresh all-time high Friday. The index reached a level of 4,826 during intraday trading, surpassing previous peak levels seen over two years ago on Jan. 4, 2021. Similarly, the SPDR S&P 500 ETF (NYSE:SPY), which...
















