Trade

EU Trade Groups Demand Investigation into Broadcom’s Licensing Practices Amid Growing Backlash

by
EU Trade Groups Demand Investigation into Broadcom’s Licensing Practices Amid Growing Backlash

Broadcom is facing backlash over its licensing practices, with EU trade groups demanding an investigation into alleged price gouging and unfair software licensing terms. Despite revisions to its cloud licensing practices, critics argue that the changes do not adequately address their concerns. The trade body CISPE, along with other organizations, have criticized Broadcom for significant … Read more

Trade Recommendations: Oracle, ASML Holding, Interactive Brokers, and XLE

by
Trade Recommendations: Oracle, ASML Holding, Interactive Brokers, and XLE

In recent financial news, several major transactions have taken place involving Oracle, ASML Holding, Interactive Brokers, and XLE. Oracle, a leading global provider of enterprise software, has made a significant move in acquiring a new company. ASML Holding, a Dutch semiconductor company, has also been involved in a notable transaction. Interactive Brokers, a popular online … Read more

NBA Intel: What Comes Next for Knicks and Nets following Mikal Bridges Trade?

by
NBA Intel: What Comes Next for Knicks and Nets following Mikal Bridges Trade?

In Brooklyn, the Nets are shifting towards a rebuild, with several veteran players potentially on the trading block. Players like Cam Johnson, Dorian Finney-Smith, Bojan Bogdanovic, Dennis Schröder, Ben Simmons, and Day’Ron Sharpe are all potential trade candidates according to sources. Johnson, a former teammate of Mikal Bridges, offers shooting and could be attractive to … Read more

Potential profit from bearish options trade on Nvidia and QQQs as they continue downward trend

by
Potential profit from bearish options trade on Nvidia and QQQs as they continue downward trend

Nvidia (NVDA) has shown signs of profit-taking, indicating a potential slowdown in the tech sector. This could lead to bearish trading opportunities, with focus on a bearish trade on the Invesco QQQ Trust, an ETF tracking the Nasdaq 100 index. After reaching a record high, QQQ is facing resistance at $486. Fibonacci retracements suggest a … Read more

Revamping My Nvidia Trade Forecast – TheStreet

by

Investors have been closely watching Nvidia’s business outlook, eager to see how the company plans to navigate the current market conditions and continue to grow. Unfortunately, the recent market volatility has clouded the company’s forecast, resulting in uncertainty among investors. Nvidia has been a key player in the semiconductor industry, known for its high-performance graphics … Read more

Cisco Remains Confident in Growth of Chinese EV Market Amid Trade Tensions

by
Cisco Remains Confident in Growth of Chinese EV Market Amid Trade Tensions

Cisco remains optimistic about its relationship with Chinese electric vehicle (EV) manufacturers despite escalating trade tensions. The company sees the electric vehicle sector as a key market in the region, generating significant revenue from manufacturing companies. Ming Wong, Vice President and CEO of Cisco Greater China, stated that the company is collaborating with at least … Read more

Cisco Systems (NASDAQ:CSCO) Maintains Confidence in Chinese EV Market Growth Amid Trade Tensions

by
Cisco Systems (NASDAQ:CSCO) Maintains Confidence in Chinese EV Market Growth Amid Trade Tensions

Cisco remains optimistic about its relationship with Chinese electric vehicle manufacturers despite rising trade tensions. The company is currently collaborating with at least 10 electric car customers as they expand internationally. Despite tariffs on Chinese EV imports by the US and potentially the EU, companies like BYD are continuing to invest in local factories. Cisco’s … Read more

Broadcom Inc. (NASDAQ:AVGO) Set to Trade Ex-Dividend in Three Days

by

Broadcom Inc. (NASDAQ: AVGO) will soon trade ex-dividend, with an ex-dividend date of June 24. Investors who buy shares before this date will be eligible for the next dividend payment of $5.25 per share on June 28. The company has a residual yield of 1.2% based on past dividends. Dividends are crucial for long-term investors, … Read more

The 76ers are served an irresistible trade option on a silver platter

by
The 76ers are served an irresistible trade option on a silver platter

The Philadelphia 76ers are gearing up for a busy offseason with the second-largest spending power in the league. They are looking to improve their roster through free agency and potential trades. The team has been contacted by the New Orleans Pelicans regarding a possible trade involving All-Star Brandon Ingram. The Pelicans are looking to move … Read more

Today’s stock market: US indexes trade in a mixed fashion as Nvidia continues to rally and investors analyze job data

by
Today’s stock market: US indexes trade in a mixed fashion as Nvidia continues to rally and investors analyze job data

On Thursday, U.S. stocks were mixed as investors awaited the May nonfarm payrolls report, following Nvidia’s record profit the day before. The European Central Bank also cut interest rates for the first time since 2019. The number of jobless claims in the U.S. rose to a four-week high last week, with 229,000 claims filed. While … Read more