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Stocks

“Palantir stock jumps 19% as AI demand drives revenue beat”

“Palantir shares surged more than 19% in after-hours trading on Monday after the company reported fourth-quarter earnings that beat analysts’ expectations for revenue. Full-year guidance for 2024 came roughly in line with Wall Street’s estimates… Revenue in the fourth quarter increased 20% to… Continue Reading…

Business, Stocks

“Mastercard Stock Closes At All-Time High; Hits Key Threshold”

“Mastercard (MA) is putting on a masterful show for investors and reached another all-time high on Thursday. Additionally, the Relative Strength (RS) Rating for Mastercard stock climbed from 78 to 84 Thursday, passing a key milestone along the way… The New York-based company… Continue Reading…

Stocks

“Billionaire Carl Icahn Has $9.9 Billion Invested in These 5 High-Yield Dividend Stocks”

1. Icahn Enterprises LP 2. CVR Energy3. Southwest Gas Holdings4. FirstEnergy5. International Flavors & Fragrances https://finance.yahoo.com/news/billionaire-carl-icahn-9-9-105000752.html I’m can’t copy and paste the entire article so I just listed the 5 stocks he’s invested in. The majority of his stock picks… Continue Reading…

Stocks

“The Ultimate Growth Stock to Buy With $1,000 Right Now”

“…Investment research firm Fundstrat’s Tom Lee predicts that the S&P 500 index will jump as much as 30% this year from 2023 levels. The Nasdaq-100 index is also seeing forecasts of robust gains in 2024 following the impressive 54% jump it clocked in 2023.… Continue Reading…

Business, Stocks

“Walmart Announces 3-for-1 Stock Split and 150 New Store Openings”

“Walmart has been busy. Walmart declared a 3-for-1 split Tuesday night. Then Wednesday morning, the company said it was planning to build or convert more than 150 stores within the next five years—on top of remodeling 650 stores over the… Continue Reading…

Business

“World’s largest sovereign wealth fund posts record $213 billion profit, boosted by tech stocks”

“Norway’s giant sovereign wealth fund on Tuesday reported record profit of 2.22 trillion kroner ($213 billion) in 2023, supported by robust returns on its investments in technology stocks. The so-called Government Pension Fund Global, one of the world’s largest investors, said the… Continue Reading…

Stocks

“Billionaire Chris Hohn Has 31% of His Portfolio Invested in 2 Iconic Stocks”

“…Somewhat surprisingly, Hohn had 31% of his portfolio allocated across two stocks as of the September quarter: Visa (NYSE: V) accounted for 14% of his portfolio, and General Electric (NYSE: GE) accounted for 17% of his portfolio. That capital concentration indicates that Hohn has a great… Continue Reading…

Business, Stocks

“Cathie Wood’s Fund Suffers $473 Million Hit From 2 Ugly Stocks”

“…The result? Pain. ARK Innovation posted a negative 11.6% total return this year so far, says Morningstar Direct. That makes it the fourth worst-performing actively traded U.S. diversified ETF this year. Even behind rival funds from T. Rowe Price (TROW) and Fidelity.… Continue Reading…

Stocks

“Zoom Is Down 88% From Its All-Time High, Is Cathie Wood Still Right About This Once Unstoppable Stock?”

“… Ark holds positions in Zoom through its exchange-traded funds (ETFs), and analysts there believe the stock could soar about 2,100% by 2026. Although Zoom has some interesting applications, I question Ark’s long-term price target. With the stock down 88% from… Continue Reading…

Stocks

“Dow rises more than 100 points to close above 38,000 for the first time ever…”

“…The Dow Jones Industrial Average climbed 138.01 points, or 0.36%, to finish at 38,001.81. Monday’s gains pushed the blue-chip average to a new record and above the 38,000 level for the first time. The S&P 500 added 0.22% to 4,850.43, also reaching a fresh… Continue Reading…