Key Points Retail sales fell 0.6% in July and consumer sentiment dropped to 51.0 in August, well below the 54.5 economists expected. The Nasdaq Composite slid 0.44%, the Dow lost 0.21%, and the S&P 500 fell 0.19% at midday. Both the S&P 500 and the Nasdaq are still on track for a third straight weekly ...
Listen to the audio version of this article (generated by AI). Editor’s Note: The AI boom has already produced some extraordinary winners. But as AI creates opportunities across more corners of the market, investors now face a tougher question: Which ones deserve a place in your portfolio? My colleague Luke Lango believes simply owning more ...
Listen to the audio version of this article (generated by AI). Lumentum (LITE) just gave investors exactly what they want from a long-term winner: another reason to keep holding. The optical-networking company just reported roughly $1.01 billion in quarterly revenue, more than double what it generated a year ago. Adjusted earnings jumped to $3.23 per ...
Everybody loves dividends, as they provide a passive income stream, limit drawdowns in other positions, and provide more than one way to profit from an investment. And when considering dividend-paying stocks, those with a history of boosting their payout are prime considerations, reflecting their commitment to increasingly rewarding shareholders. And when it comes to a ...
Broadcom AVGO shares are overvalued, as suggested by a Value Score of D. In terms of the forward 12-month price/earnings (P/E), AVGO is trading at 23.8X, higher than the broader Zacks Computer and Technology sector’s 21.53X. Broadcom is trading at a higher multiple as compared with NVIDIA’s NVDA 19.91X but at a discount compared with ...
Key Points Demand for high bandwidth memory, DRAM, and NAND flash storage is on the rise. Micron and Sandisk are two of the best-known players in the AI memory segment. A rival from Korea may offer more compelling upside in the long run as AI infrastructure spend accelerates. 10 stocks we like better than SK ...
Listen to the audio version of this article (generated by AI). Since Digest writer Jeff Remsburg is away this week, we’ve showcased essays from our suite of InvestorPlace experts. Today, we’re wrapping things up with Wall Street icon Louis Navellier, who dives into the tightrope the Federal Reserve is walking, trying to keep inflation under ...
Key Points While details are still scant, Nvidia CEO Jensen Huang and other Wall Street CEOs discussed potentially using chips as collateral. The group says they are exploring raising half a trillion dollars that AI companies could tap into. Huang also discussed potentially having Nvidia backstop part of each loan, at the company’s discretion. 10 ...
Listen to the audio version of this article (generated by AI). Elon Musk has never been accused of thinking small. If you need proof, look no further than the SEC filings of Space Exploration Technologies Corp. (SPCX). According to those documents, part of Musk’s restricted stock award is tied to what the company officially calls ...
Key Points Netflix earns its premium; Disney sells at a discount. Investors are paying up for Netflix’s proven streaming economics, while Disney is still being valued as a complex turnaround story. Profitable streaming is being overshadowed by concerns about linear TV, capital spending, and the broader media business. 10 stocks we like better than Walt ...
