Best Buy's sales can get a boost from tech giants focusing on building and selling hardware that supports AI software amid rising demand, but electronics' susceptibility to softer sales remains.
Boeing has trimmed delivery and production of its 737 Max fleet, while Broadcom's quarterly revenue jumped 34% YoY on high chip demand for AI data centres.
Financial giants are backing the launch of the Texas Stock Exchange, which aims to welcome companies frustrated with the complex disclosure, listing rules and associated costs at the NYSE and Nasdaq.
Soros Fund Management made several changes to its portfolio in Q1, increasing stakes in Alphabet, Nike, and D.R. Horton.
Daniel Loeb's fund increased holdings in Amazon and Meta while trimming exposure to Microsoft in Q1. It also bought 3 million Alphabet shares and opened a new position in Marvell Technology.
The two biopharma firms have developed drug candidates to treat autoimmune and pulmonary diseases. They have demonstrated good safety profiles and efficacy in various stages of clinical trials.
Best Buy preserves profit margins despite faltering demand, while JLL's revenues increased due to robust growth in advisory and property management verticals.
Philanthropist Bill Gates has invested in very rare paintings and artefacts over decades, including Winslow Homer's "Lost on the Grand Banks" masterpiece.
Greenwashing in the ESG sector has stunted investor participation for years. Regulators continue to enforce disclosure rules on firms to curb misleading marketing practices and hollow ESG claims.
Leading chipmaker and AI player Nvidia announced a 10:1 stock split for the company's common stock that will take place on June 7.
The Bill and Melinda Gates Foundation recently revealed selling millions of shares of Microsoft and Berkshire Hathaway in Q1, coinciding with Melinda Gates' resignation as co-chair of the trust.
Billionaire Ray Dalio's fund boosts tech holdings to 17% of the total portfolio in Q1 by investing heavily in Nvidia, Alphabet, Apple, Microsoft, Meta, and Amazon.
Cathie Wood splurged millions in biotech this year on strong clinical progress, AI adoption, sales growth, wider outreach, and steady product pipelines.
Cheap AI-focused China tech stocks and growing speculations of the US tech rally cooling off soon are prompting investors like David Tepper to capitalize on the valuation gap.
Renowned investor Ken Griffin upped his stake in Amazon rapidly as the tech firm continues to leverage AI in AWS and e-commerce to boost sales and net income.
Michael Burry's latest Q1 filings show he wagered $7.6 million on gold via a fund that allows him to redeem units in actual physical gold.
Netflix's focus on quality content, monstrous marketing strategies, product innovation, and exploring multiple revenue pools continue to drive user base growth.
Lululemon Athletica's strong momentum, cash flow, and earnings growth despite sticky inflation make it well-positioned for global expansion and product innovation.
AutoZone shares have climbed 40,520% since its IPO on smart capital allocation, strong cash flow generation, ESG disclosures, and more cars hitting the road.
The "Bond King" billionaire Bill Gross named Microsoft as the only tech stock he would recommend for those who must invest in the overvalued sector driven by AI.
Analysts share how overvalued AI companies, tech adoption, higher rates, inflation, and growing corporate earnings affect stock and bond returns in the future.
K-pop music agencies eye new markets, distribution deals, and streaming platforms to revive the sector battered by scandals and declining album sales.
The growing need to protect ships, submarines, and aircraft may see stocks like BAE Systems and Rolls-Royce benefit from higher demand for military equipment.
Buffett's investing philosophy is buying great companies at a fair price. These five stocks form the pillar of his $340 billion portfolio, poised for future growth.