Dividend stocks offer a path to steady passive income, but not all are created equal. The key to long-term success lies in dividend sustainability, not just high current yields. The payout ratio serves as a critical tool for assessing sustainability. This metric, representing the percentage of earnings distributed as dividends, …
Read More »Billionaire Philippe Laffont Sold 72% of Coatue’s Stake in Nvidia and Is Piling Into This Historically Cheap Dual-Industry Leader
On Wall Street, important data releases are a common occurrence. Monthly inflation and jobs reports, coupled with Wall Street’s leading businesses reporting their quarterly operating results over a six-week stretch every quarter, can make it easy for a key data release to slip under the radar. Aug. 14 marked what …
Read More »2 AI Stocks to Buy Before They Soar 175% and 560%, According to Certain Wall Street Analysts
Historically, certain technologies have played a pivotal role in driving the stock market higher. That includes the internet in the 1990s, mobile devices in the 2000s, and cloud computing in the 2010s. Artificial intelligence is shaping up to the next decade-defining technology, and these Wall Street analysts are extremely bullish …
Read More »China AI Chip Leader Soars 20% Limit as Beijing Warns on Nvidia
(Bloomberg) — Chinese AI chipmaker Cambricon Technologies Corp. soared its 20% daily limit on Monday, leading a sector rally after Bloomberg News reported Beijing was stepping up pressure on domestic companies to ditch Nvidia Corp. processors for local alternatives. Most Read from Bloomberg Cambricon, the biggest publicly traded designer of …
Read More »As big supermarkets pursue profits, new research shows growing exploitation of shrimp farmers
BANGKOK (AP) — Indonesian shrimp farmer Yulius Cahyonugroho operated more than two dozen ponds only a few years ago, employing seven people and making more than enough to support his family. Since then, the 39-year-old says the prices he gets from purchasers have fallen by half and he’s had to …
Read More »Analysis-Broadening gains in US stock market underscore optimism on economy
By Lewis Krauskopf NEW YORK (Reuters) – More stocks are participating in the S&P 500’s latest march to record highs, easing concerns over a rally that has been concentrated in a handful of giant technology names for much of 2024. The S&P 500 is on track to gain 5% in …
Read More »Nio Surges on $1.9 Billion Injection From Parent, Investors
(Bloomberg) — Nio Inc. jumped the most in nearly five months Monday after unveiling a cash injection worth 13.3 billion yuan ($1.9 billion) from existing shareholders. Most Read from Bloomberg The Singapore-listed shares of the loss-making Chinese electric vehicle maker gained almost 16% on the financial reinforcement of its China …
Read More »Japanese Stocks Falter as Ishiba’s Win Wrongfoots Easing Bets
(Bloomberg) — Japanese stocks tumbled after Shigeru Ishiba’s surprise victory over Sanae Takaichi in the ruling party’s leadership race wrongfooted investors who had bet on a boost from more monetary stimulus from his rival. Most Read from Bloomberg The Nikkei 225 Stock Average slid as much as 4.7% in early …
Read More »Chinese Stocks Soar Most Since 2015, Heading for Bull Market
(Bloomberg) — Chinese stocks extended one of their most remarkable turnarounds in history, soaring for a ninth straight day as government stimulus entices investors back to one of the most beaten-down markets worldwide. Most Read from Bloomberg The CSI 300 Index jumped as much as 6.5% on Monday, the most …
Read More »Japan’s Nikkei index sinks 4.7% after ruling party chooses Ishiba as next prime minister
Japan’s benchmark Nikkei 225 index tumbled nearly 5% early Monday after the country’s ruling Liberal Democrats chose Shigeru Ishiba, a former defense minister, as the next prime minister. Ishiba is due Tuesday to succeed current Prime Minister Fumio Kishida, who resigned as his popularity rating sank. After winning the party’s …
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