Futures Flat After Record-Breaking Week After storming higher last week, culminating with their 15th ascent in the past 17 weeks… ... US equity futures indicated a pause for stocks which trade at their all-time highs as investors geared up for a busy week of data, including the Fed’s preferred measure of inflation, the core PCE. As of 8:00am, futures on the S&P 500 and the Nasdaq 100 were fractionally in the red after Wall Street’s record-breaking rally stalled at the end of last week, weighed down by profit taking in megacap tech stocks. Treasuries climb, pushing 10-year yields down by 1bps to 4.24% while the dollar ticked lower. In premarket trading, Berkshire Hathaway rose as much as 5.5% on track for a record high following its weekend earnings update, setting Warren Buffett’s conglomerate on course for a market value even closer to $1 trillion. Here are some other notable premarket movers: Amer Sports shares jump 7.0% after a majority of brokers initiated coverage with buy-equivalent recommendations.
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Artificial intelligence has been the hottest investing trend so far in 2024.
International Business Machines (IBM) has shared an announcement. IBM has announced changes to its reporting segments starting in the first quarter…
In recent years, International Business Machines Corporation (NYSE: IBM) has struggled financially and competitively. Here are 6 reasons 24/7 Wall St. takes a bearish stance on the stock as it looks fundamentally unattractive at this time. 1. Prolonged decline in profits International Business Machines Corporation has seen its financial performance deteriorate over the past […] The post 6 Reasons to Avoid IBM (IBM) At This Moment appeared first on 24/7 Wall St. .
These veteran tech giants are battling for a share of the $306 billion AI market.
Stephanie Link, Hightower chief investment strategist, joins ''Squawk Box'' to discuss the latest market trends, the impact of AI, her top AI stock picks, and more.
Srinivas is optimistic that Perplexity could capture the most valuable segment of the Search & ChatGPT user base, potentially leading to increased advertising revenue and new opportunities
Only a handful seem like logical candidates, with big banks topping the list
Although passive income represents a core component of portfolio health, some ideas languish under the category of overlooked dividend stocks . Whether because of their unconventional or perhaps controversial businesses, certain companies just don’t get the immediate nod. That might be a mistake. Yes, the usual suspects – such as the most-popular dividend aristocrats and kings – capture most of the attention. However, as with anything, a little digging around can yield surprisingly robust ideas. Further, by going beyond the conventional route, you may be able to extract far better total returns than jumping on the same boring familiar trades. On that note, below are enticing ideas for overlooked dividend stocks. Seagate Technology (STX) Source: Sundry Photography / Shutterstock.com A data storage company, Seagate Technology (NASDAQ: STX ) is one of the world’s largest manufacturers of hard disk drives (HDDs). As well, the company designs and manufactures solid-state drives (SSDs). Beyond these core products, Seagate invests in research and development to innovate and come up with new data storage technologies.