Stocks are off to a strong start in 2023 following last year’s rough loss. The S&P 500 fell about 19% in calendar 2022. But this year, it is up about 9.5% so far thanks to outperformance in a number of momentum stocks. This may surprise some armchair investors, who continue to fret over the impact… Continue reading 9 Momentum Stocks to Buy Now
Real estate investors are retreating from the housing market at a record pace
Home purchases by investors fell 48.6% in the first quarter from a year ago, Redfin said. That’s the largest annual decline on record going back to 2000. Redfin cited high interest rates as well as declining rents and housing values, which cut into profitability. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Real estate investors are retreating from the housing market at a record pace
Nvidia has AI to thank for entering the $1 trillion club
Nvidia founder and CEO Jensen Huang.Ethan Miller/Getty Images Nvidia’s market capitalization hit $1 trillion Tuesday as its stock surged. It’s one of a handful of US companies, including Apple, Microsoft, and Amazon, to reach that level. The explosion of interest in ChatGPT and AI has fueled Nvidia’s stock market surge this year. Nvidia made it… Continue reading Nvidia has AI to thank for entering the $1 trillion club
The credit crunch will spark a wave of corporate defaults and a recession as tight financial conditions put an end to the lending boom, Deutsche Bank says
The credit crunch is sparking a wave of corporate defaults, according to Deutsche Bank. Analysts pointed to tighter financial conditions stemming from bank failures and higher interest rates. Credit conditions are also signaling a coming recession, analysts warned. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while… Continue reading The credit crunch will spark a wave of corporate defaults and a recession as tight financial conditions put an end to the lending boom, Deutsche Bank says
Warren Buffett’s Berkshire Hathaway buys $275 million more Occidental Petroleum stock amid ongoing slide in oil prices
Warren Buffett’s Berkshire Hathaway bought more Occidental Petroleum stock amid an ongoing slide in oil prices.Buffett purchased $275 million worth of Occidental over the past week, boosting Berkshire’s stake in the oil producer to 24.9%. Despite the string of buys, Buffett has said that Berkshire has no plans to take over Occidental. Loading Something is loading.… Continue reading Warren Buffett’s Berkshire Hathaway buys $275 million more Occidental Petroleum stock amid ongoing slide in oil prices
Nvidia CEO Jensen Huang made the bulk of his $36 billion fortune this year following chipmaker’s stock surge
Nvidia CEO Jensen Huang made more than 60% of his $36 billion fortune this year. Huang’s soaring wealth comes as the chipmaker rides the boom in artificial intelligence. Meta CEO Mark Zuckerberg lags behind, increasing his net worth by 52% this year. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Nvidia CEO Jensen Huang made the bulk of his $36 billion fortune this year following chipmaker’s stock surge
Why You Should Invest in Index Funds
Why invest in index funds when far more glamorous products are on the market? These humdrum investments don’t grab headlines like electric vehicle stocks or cryptocurrency. But that doesn’t mean you should write off this sleeper investment option. “Index funds are often considered boring, but in investing, boring is the way to go,” says David… Continue reading Why You Should Invest in Index Funds
In Forex Trading, Do Chess Players Have an Edge?
There’s often a lot of talk about the correlation of strategy games, such as chess, with forex trading strategy, and there’s a lot of truth to it. The ability to pick up on patterns is highly advantageous in both scenarios, as is a deep understanding of probability and statistics. There’s also so much more to… Continue reading In Forex Trading, Do Chess Players Have an Edge?
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