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US stocks closed mixed Monday while a meme stock rally was reignited following a string of recent market gains. Investors largely stuck to wait-and-see mode, with attention to an upcoming inflation report seen as a potential starting gun for interest rate cuts. The S&P 500 (^GSPC) closed just below the flatline, while the tech-heavy Nasdaq […]
Here are the biggest calls on Wall Street on Monday: Bernstein reiterates Apple as outperform Bernstein said it sees a slew of positive catalysts ahead for Apple. “We see risk-reward on AAPL as positive, and rate the stock Outperform with a price target of $195.” Jefferies reiterates Nvidia as buy After a change in analysts, […]
Artificial intelligence (AI) has the potential to be one of the biggest revolutionary advancements in technology that the world has ever seen. Companies are just starting to embrace the technology and what it can do. However, the early results are very promising, allowing organizations to become more efficient and better serve their customers. But make […]
Three iconic companies in the S&P 500 now offer huge dividend yields. Which one is the better investment? The S&P 500 fell 4.2% in value last month. According to S&P Global, “Geopolitics, rising government bond yields, inflation and monetary policy concerns are behind the recent drops, yet stocks may still have room to rise again.” […]
It’s clear that the shine is coming off of some AI stocks, while others remain solid long-term investments. What’s happened to the artificial intelligence (AI) rally? It’s the question many investors are asking — and for good reason. Shares of the hottest AI stocks, like Nvidia, cooled off in recent weeks. Nevertheless, we must remember […]
