Nvidia Enters $1 Trillion Valuation Club
Nvidia's market capitalization crossed $1 trillion in early trading Tuesday, adding it to the elite group comprising Apple, Amazon, Microsoft, and Google parent Alphabet.
Nvidia's market capitalization crossed $1 trillion in early trading Tuesday, adding it to the elite group comprising Apple, Amazon, Microsoft, and Google parent Alphabet.
When Costco lists gold bars for sale online, "they're typically gone within a few hours and we limit two per member," its CFO told investors.
Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.
The Dow Jones rose as House Speaker Kevin McCarthy made a government shutdown pledge. A Warren Buffett stock is near an entry. Nvidia rose.
Along with the markets’ recent pullback, so has Cathie Wood’s flagship Ark Innovation ETF (ARKK) handed back some of the year’s prior gains. Nevertheless, it has still outpaced the broader markets this year. And despite growing bearish macro concerns, looking at how Wood expects the landscape to shape up, the ARK Invest CEO is optimistic her innovation-first approach will continue to deliver. “I do think that what’s happening this year is that the market is starting to look over the Fed’s moves…
At age 99, Berkshire Hathaway Inc. Vice Chairman Charlie Munger's life spans pivotal eras of economic transformation. From the depths of the Great Depression to the financial tremors of the Great Recession, he's seen it all. Munger recalls a time when the minimum wage was 40 cents per hour. Such experiences, set against a backdrop of technological evolutions and geopolitical gyrations, have provided him with a unique lens through which he views investing. Today, Munger is one of the most esteeme
The September sell-off in Dow Jones and S&P 500 stocks is getting so intense, some wonder if it's already overdone.
Think 4.6% yields on 10-year Treasuries look good? Market pros found safe ways you can do even better using bond ETFs.
Vladimir Putin will be unable to protect citizens from the pain
Artificial intelligence (AI) has become the hottest trend in the tech sphere. Just take a look at Nvidia Corp. (NASDAQ:NVDA), which has been one of the biggest beneficiaries of investors' increasing enthusiasm for AI. Shares of the chip-making giant have surged 191% year to date, allowing the company to cross $1 trillion in market cap. But according to ARK Invest CEO Cathie Wood, there could be better ways to gain access to the booming sector. "We're really focused on those companies that most p
NextEra Energy Partners (NEP) decides to reduce its long-term cash distribution per unit rate to increase its financial flexibility and focus on high-yielding growth opportunities.
New investors often make the mistake of chasing high-yielding stocks without giving enough thought to the quality of those companies and the sustainability of the dividends. With real estate investment trusts (REITs), one way to assess whether a company can continue paying out the current dividend in the future is to look at the dividend amount in relation to the forward funds from operations (FFO) with a simple formula called the "payout ratio." The payout ratio is derived by dividing the annua
Just because you retire doesn't mean you have to stop working. And when work is an option rather than a requirement, it's possible to select a low-stress job that multiplies fulfillment without adding anxiety - but still provides a bit … Continue reading → The post 12 Low-Stress Jobs You Can Do in Retirement appeared first on SmartAsset Blog.
Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply increases by Russia and Saudi Arabia outweighed forecasts of positive demand from China during its Golden Week holiday. Oil prices had eased about 1% on Thursday, as traders took profits after prices soared to 10-month highs, and some worried that high interest rates may weigh on oil demand. "Oil prices recent rally paused overnight," National Australia Bank said in a note.
Nike reported earnings on Thursday as investors remain focused on any signs of a consumer slowdown in North America and slower growth in China.
(Bloomberg) -- BlackRock Inc. is the latest exchange-traded fund issuer to take aim at the runaway success of JPMorgan Chase & Co.’s biggest active strategy. Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Biden Impeachment Hearing Heavy on Politics, Light on SubstanceUAW Aims For At Least 30% Wage Bump to Woo New Members‘Fortnite’ Maker Epic Games Is Cutting About 16% of StaffElon Musk Wins US Space Force Contract for StarshieldThe actively managed BlackRoc
401(k) contribution limits should continue their upward climb in 2024, according to a recent projection by Mercer. However, easing inflation now means lower forecasts for 401(k) and other retirement plan contribution limits for next year. After rising substantially from $20,500 in 2022 to $22,500 for 2023, Mercer projects the annual cap to go up just […] The post 401(k) Contribution Limits Projected to Rise Again in 2024: How to Plan Ahead appeared first on SmartReads by SmartAsset.
Former President Donald Trump brought his campaign to Michigan on Wednesday night to ostensibly rally auto workers, but the message received was likely not what the workers wanted to hear. This as the UAW plans to once again expand its stand up strikes on Friday.
"How fast it transpires, I think, is going to be a function of that supply-demand issue, so I'm watching that very closely," said Dalio, founder of hedge fund Bridgewater Associates, in the interview. The country's debt has been under the spotlight in recent months after political brinkmanship around the debt limit earlier this year brought the U.S. close to a default.
Republicans claim everybody will soon have to drive a Chinese-made electric vehicle they don't want. Um, no.
Wondering how your retirement savings stack up to other Americans' nest eggs? Or whether your income in your post-work years will be enough to keep you afloat? It's normal to be curious about the average retirement income in the U.S. … Continue reading → The post What Is the Average Retirement Income? appeared first on SmartAsset Blog.