NEW YORK (AP) — The Dow Jones Industrial Average set a record after a quiet Monday of trading, as Wall Street geared up for the most anticipated meeting of the Federal Reserve in years.The Dow rose 228 points, or 0.6%, to surpass its prior all-time high set a few weeks ago. The S&P 500 index, which is much more comprehensive and widely followed on Wall Street, ticked up by 0.1% to climb within 0.6% of its own record set in July.The Nasdaq composite slipped 0.5% as big technology stocks and other market superstars gave back a bit of their big…
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We recently compiled a list of the 35 Non-Tech Stocks With Long-Term Investment Potential. In this article, we are going to take a look at where Costco Wholesale Corporation (NASDAQ:COST) stands against the other AI stocks.Investors have been desperately searching for a safer way to play the AI boom that has swept the US stock market over the past few months. Prominent investment bank Goldman Sachs recently released an investor note detailing which sectors of the economy would benefit from the AI craze, replacing obvious bull cases in the technology domain by thoughtful insights on the long-term impact of AI…
Investors watch computer screens displaying stock price figures at a stock exchange hall.Jiang Sheng | Visual China Group | Getty ImagesIt’s getting late into 2024 and the world is still worried about China. From property woes to sluggish economic data, China appears to be suffering from long Covid. The country is still reeling from the effects of widespread lockdowns since 2020, showcased through weaker GDP, a struggling stock market, and high unemployment — dashing hopes of a quick post-pandemic rebound. But amid all the uncertainties, this gloom and doom view isn’t shared by all market thinkers.”Everyone is so down on China. I…
Image source: Getty Images The FTSE 100‘s one of the most followed and popular stock market indexes on the planet. Its diverse mix of large, stable companies, considerable international reach, and record of delivering impressive dividends make it very attractive to investors. Whether I’m a growth, dividend or value investor, the Footsie offers a wealth of opportunities. And what’s more, the index enjoys high levels of liquidity, allowing investors to buy and sell shares cheaply and easily. I hold several FTSE 100 stocks including Legal & General, Rio Tinto and Aviva. But more recently, I’ve been looking at exchange-traded funds…
Former president Donald Trump headlined an online event Monday unveiling a new cryptocurrency business with ties to his family, capitalizing on his third run for the White House to promote his business interests.During the livestream, Trump talked up the promise of cryptocurrencies while discussing a second assassination attempt and attacking the Biden-Harris administration on border security. He did not directly address the new crypto firm, called World Liberty Financial.“If we don’t do it, China is going to do it. China is doing it anyway. But if we don’t do it, we’re not going to be the biggest, and we have…
We recently compiled a list of Morgan Stanley’s Best Stock Picks: 15 Stocks To Own For 2025. In this article, we are going to take a look at where M&T Bank Corporation (NYSE:MTB) stands against Morgan Stanley’s other stock picks.The tail end of 2024 is seeing a market shift in the stock market as the Federal Reserve has finally signaled that interest rate cuts are on the horizon. This means that cheaper capital might be on the horizon, with the rate cuts coming just as the labor market starts to feel the pinch through lower growth.It also means that consumer spending…
We recently compiled a list of Morgan Stanley’s Best Stock Picks: 15 Stocks To Own For 2025. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against Morgan Stanley’s other stock picks.The tail end of 2024 is seeing a market shift in the stock market as the Federal Reserve has finally signaled that interest rate cuts are on the horizon. This means that cheaper capital might be on the horizon, with the rate cuts coming just as the labor market starts to feel the pinch through lower growth.It also means that consumer spending can…
We recently compiled a list of Cantor Fitzgerald’s Top Internet Stocks: Best Stocks To Buy According To $13.2 Billion Firm. In this article, we are going to take a look at where MercadoLibre, Inc. (NASDAQ:MELI) stands against Cantor Fitzgerald’s other top Internet stocks.The rise of the internet and its ubiquity in our daily lives is perhaps the greatest technological innovation of the 21st century. The transformation of the internet into what can very well be described as a utility was unthinkable even during the peak of the dotcom era; however, the firms that started back then or those that leveraged it…
The Chevrolet Bel Air, once the pinnacle of the brand’s offerings in the 1950s, saw its popularity wane when the Impala, a more luxurious and feature packed model, was introduced. While the Bel Air continued to share many components with the Impala, including its striking appearance and powerful engines, it became a less desirable option for those seeking the ultimate in full size Chevrolet luxury. Despite its diminished status, the Bel Air remained a fascinating presence on the road. The 1964 Bel Air featured in these images is a prime example of how the model can still turn heads. Thanks…
The broader stock market might not have had a thrilling Monday, but there was plenty of action and interest in AT&T (NYSE: T) shares. The telecom company was the subject of hot speculation in the satellite broadcasting world, and investors bid up its share price by nearly 3% on the scuttlebutt. This was more than sufficient to crush the S&P 500 index’s performance, as the indicator closed only marginally higher.An old merger idea revived?After market hours Friday, Bloomberg reported that AT&T and its business partner TPG are holding discussions on a merger of their DirecTV satellite unit with Dish, currently…