Nvidia, a leading technology company, achieved a new record high recently, which has had a significant impact on the S&P 500 and Nasdaq markets. The company’s strong performance has led to positive gains across both indices. This is a noteworthy development in the tech sector, as Nvidia’s success reflects overall market trends and investor confidence … Read more
Broadcom Inc. (NASDAQ:AVGO) is set to go ex-dividend in the next three days, meaning investors must own the stock by June 24 to receive the upcoming dividend of $5.25 per share. The company has a residual yield of 1.2% based on its current share price of $1,802.52. Dividends are important for long-term investors, but it’s … Read more
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Honeywell International has made a significant move in the defense industry by acquiring CAES Systems Holdings for $1.9 billion in cash, expanding its defense technology solutions across land, sea, air, and space. The acquisition is set to enhance its capabilities in electromagnetic defense solutions and strengthen its position in key areas such as the F-35 … Read more
Today, S&P and Nasdaq futures saw a rise as Nvidia continued its upward trend. Investors were optimistic as the tech giant’s stock rallied, helping boost overall market sentiment. The positive performance of S&P and Nasdaq futures indicated a potentially strong trading day ahead. Nvidia’s gains underscored the strength of the tech sector and its importance … Read more
NBC Securities Inc. increased its holdings of Intel Co. shares by 2.6% during the first quarter, as reported in their recent filing with the SEC. The institutional investor now owns 16,681 shares of the chipmaker, valued at $736,000. Other hedge funds have also adjusted their holdings in Intel, with some increasing their stake and others … Read more
US stock indices are poised for early gains on Thursday, following Nvidia’s record-breaking surge that propelled the company to the title of the world’s most valuable public company. Futures tied to the S&P 500 indicated a 0.4% increase after the index closed Tuesday with its 31st record closing of the year. Nasdaq Composite futures saw … Read more
U.S. stock futures saw a slight increase on Thursday, indicating that major indexes could continue to climb after reaching new highs earlier in the week. The Dow Jones Industrial Average futures went up by 39 points, or 0.1%, while S&P 500 contracts rose by 0.4% and Nasdaq 100 futures increased by 0.6%. Investor sentiment is … Read more
Nasdaq and S&P 500 futures saw an increase on Thursday, with Nvidia continuing its upward trend. The chip leader surpassed Microsoft to become the world’s most valuable company with a market capitalization of $3.34 trillion. This rise, along with weaker-than-expected U.S. retail sales data, pushed both the S&P 500 and Nasdaq to new all-time highs … Read more
Tempus, an artificial intelligence company backed by Google, recently made headlines on the NASDAQ with its successful debut. Shares of Tempus, trading under the tag “TEMP,” opened at $28 per share, exceeding analyst expectations and representing a 15% increase. The company’s strong start reflects the growing importance of AI in the tech industry, with Tempus’ … Read more
Stock indexes closed at record highs once again, with the Dow seeing strong performance from financial stocks like Goldman Sachs and JPMorgan Chase, while Boeing struggled due to concerns about company culture. Tech giants like Apple, Amazon, and Microsoft saw losses as Nvidia became the world’s most valuable company. The S&P 500 was lifted by … Read more