Saturday, 22 June 2024

Nvidia and AI Stocks Wobble as Rally Loses Steam

American Wealth Investing
Which Stocks Have Cyclical Price Patterns? Let's get right to it! In this edition, we spotlight stocks that historically have risen...

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Market News

 

Wall Street Slips as Nvidia Momentum Fades
U.S. stocks are drifting toward a quiet close of the week as Nvidia 's stock continues to cool from its startling, supernova run.The S&P 500 was 0.2% lower in mornin... Read More

 

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Discover Growth in ETFs of Closed-End Funds
For income-seeking investors, closed-end funds offer relatively high distributions and the potential to buy these shares at a discount to the fund's NAV. But these are lesser known... Read More

 

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News You May Have Missed

 

Nvidia Slumps as AI Rally Starts to Wane
The cost of buying a home reached a new record high in May, making homeownership even more of a challenge for would-be buyers.The median sales price for previously owned homes jumped to $419,300 -" a... Read More

 

Dow Turns Higher. Business Activity Grew.
The Dow Jones Industrial Average turned higher following an upbeat update on the economy. The Dow was up 51 points, or 0.1%, after trading lower. The S&P 500 was down 0.2%, paring some earlier loss... Read More

 

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5 Eye-Opening Charts Expose Market Instability
As the S&P 500 and Nasdaq 100 indices continue to notch new all-time highs, it's clear that the rising tide has not lifted all boats. Sharp-eyed analysts and investors have noted some discord... Read More

 

Berkshire's Massive Annual Apple Dividend Income
Warren Buffett's Berkshire Hathaway BRK owns 789,368,450 shares of Apple stock, which is roughly 5.1% of the company. And it's a significant stake for Berkshire, representing over 40% of its port... Read More

 

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Why Bill Ackman Is Offloading This Hot Stock—Should You?
If there's one thing Wall Street doesn't lack, it's data. Between earnings season and monthly economic data releases, it can be easy for investors to get overwhelmed and miss something important.Rough... Read More

 

Dow and Nasdaq to Face Triple Witching Turbulence
Market Movers Nvidia shares dropped another 2% pre-market, extending 3.5% loss. Despite this decline, Nvidia remains up over 160% year-to-date and briefly surpassed Microsoft in market va... Read More

 

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Upcoming S&P 500 Additions You Need to Know
Inclusion in major stock market indices such as the S&P 500, Nasdaq 100, and the Dow Jones Industrial Average tend to have a significant positive impact for the companies as they provide in... Read More

 

2 Magnificent Growth Stocks to Buy Now for the Bull Market
These magnificent growth stocks could help investors ride the S&P 500 bull market higher. The S&P 500 is the most popular barometer for the U.S. stock market. The index entered bull market ter... Read More

 

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