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Nvidia Likely To Announce Surprise Positive Earnings Next Month, Says Goldman Sachs After Meeting Top Company Exec
Nvidia continues to witness high demand for its AI GPUs and will start disclosing ROI metrics for end users from the next earnings call onwards.
Wall Street Billionaire Investors Dumped Nvidia Shares in Q1, Bought These Three Stocks Instead
Nvidia continues to innovate AI GPUs and maintains a strong balance sheet, but hedge fund managers see several headwinds for the company in the coming months.
Nancy Pelosi's Portfolio Returned Over 700% In a Decade: Copy Her Investment Strategy Here
Nancy Pelosi and several members of the US Congress have tech-heavy investment portfolios that have generated triple-digit returns over the past decade.
The S&P 500 Returned an Average of 11% In the Second Half of Election Years with an Incumbent Running for Reelection
Since the S&P 500's inception in 1957, there have been 16 presidential elections, half of which had incumbents running for their second terms.
SkyBridge Capital's Anthony Scaramucci Explains Why Bitcoin Prices Could Reach $100K By Year-End
Despite mounting selling pressures on Bitcoin, Anthony Scaramucci sees multiple bullish factors for the coin and thinks it can reach a value of $100,000 by year-end.
Warren Buffett Has Over 10% Of His Portfolio in Two Energy Stocks That Are Also Dividend Aristocrats
Billionaire investor Warren Buffett has been heavily investing in energy stocks in recent years as the companies accelerate innovation of low-carbon technologies.
Kevin O'Leary Says It Is Possible To Retire With $500K and No Extra Income - Here's How
Shark Tank star and investor Kevin O'Leary says it is possible to survive in retirement with $500,000 in the bank, but his approach may be unrealistic for many.
Jeff Bezos To Sell Amazon Shares for The Second Time This Year as Stock Price Surges to Record Levels
Jeff Bezos plans to sell a portion of his stake in Amazon for the second time this year as the e-commerce giant's stock price surpassed record levels to peak at $200.20 this week.
How Billionaire Investor Ray Dalio's 'All Weather' Investment Approach Earned Him A Fortune
Ray Dalio's offensive and defensive investing strategies, combined with diversification across industries and asset classes, have helped him amass a personal fortune of $15.4 billion.
JPMorgan's Chief Strategist Reiterates Bearish Outlook, Says The S&P 500 Will Fall 23% By Year-end
JPMorgan strategist Marko Kolanovic forecast a significant S&P 500 decline by year-end as US GDP growth in Q1 slowed considerably amid headwinds like downward earnings revisions.
Palantir's Year-long Rally Gains Momentum After Expanding Partnership with Voyager Space
Palantir Technologies shares have gained over 50% year-to-date amid the AI boom as revenue from government contracts and commercial clients continues to increase steadily.
EV Startup Rivian Shares Jump Over 50% After $1 Billion Investment from Volkswagen
California-based Rivian will form a joint venture with Volkswagen and offer its electrical architecture expertise to expedite the development of a new-age, software-defined vehicle technology platform.
Hedge-fund Manager Says Nvidia Will Hit a $6 Trillion Valuation by Year-end
EMJ Capital founder Eric Jackson believes Nvidia shares are trading at a cheap valuation and will hit $250 by 2024-end as investors focus on Blackwell products and next year's earnings.
Top Executive at GraniteShares Is Bullish on Cybersecurity, Recommends Four Stocks Held by The $5 Billion Investment Firm
The cybersecurity sector is poised for growth despite rising cybercrimes, geopolitical tensions and conflicts as governments and the private sector increasingly rely on the cloud for data storage and transfer.
Nvidia's Meteoric Rise Drove Shares of These Three Suppliers Over 30% Year-to-date
A high demand for semiconductor products that power AI-based services is leading Nvidia to diversify its chip foundry partners, benefitting leading chipmakers worldwide.
Billionaire Warren Buffett Scoops Up Over 7 Million Shares Of This Oil Company In 2 Weeks
Occidental Petroleum's grand ambitions of low-carbon energy transition caught Warren Buffett's attention. Berkshire Hathaway holds almost 29% stake in the energy firm.
'Big Short' Investor Steve Eisman, Who Predicted '08 Market Crash, Says To Hold On To Apple Stocks
Steve Eisman believes that the demand for AI and infrastructure is pushing the economy to new heights, and Apple has a central role in it.
Finance Expert Shares The Retirement Account To Diligently Contribute To For Unique Tax Breaks
Suze Orman believes a Roth IRA account offers a host of tax breaks on withdrawals in retirement or when passing the funds to heirs.
Billionaire Warren Buffett's Five-Step Approach to Investing in Value Stocks
Buffett targets companies with decent profit margins, low debt, less reliance on commodities, and those with long-term growth potential but trading below their intrinsic values.
From Car Valet to Millionaire Trader: Man Who Made $10M Shares 4 Funds He Invests Long-term
Right out of high school, Jack Kellogg learned about trading while working as a car valet. Despite losing money initially, he has netted millions in profits since 2020.
Top Warren Buffett-Backed Companies to Watch in 2024
Warren Buffett's Berkshire Hathaway invested heavily in Apple, Amazon, and Chubb in this new decade. A massive stake in Chubb was kept a secret until recently.
Analysts Share Diverging Views on Best Buy, Poised To Benefit From Demand For AI-powered Hardware
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.
George Soros's Fund Sells Uber, Novo Nordisk in Q1 to Focus on AI, Construction, and Apparel Stocks
Soros Fund Management made several changes to its portfolio in Q1, increasing stakes in Alphabet, Nike, and D.R. Horton.
Billionaire Daniel Loeb's Third Point Boosts AI Holdings in Q1, Re-buys Alphabet After Selling Entire Stake
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.
What Does Greenwashing Mean in ESG Investing?
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.
CEO Who Tanked Company's Stock By 20% Reveals 5-Point $700m Plan To Save Cracker Barrel
Cracker Barrel plans menu refresh, store remodels & loyalty program to win back young customers after losing 16 percent in 4 years.
What Does Nvidia's 10:1 Stock Split Mean for Shareholders?
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.
Billionaire Bill Gates' Trust Sells Microsoft, Buffett's Berkshire Hathaway in Q1, Walmart Stake Increases by 200%
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 Bridgewater Associates Offloads Cisco, HP, and More to Double Stake in Nvidia, Boost 'Magnificent Seven' Holdings
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.
Ark Invest CEO Cathie Wood Boosts Stake in Firms Making Breakthroughs in Gene Editing, AI Drug Development, and Obesity Drugs
Cathie Wood splurged millions in biotech this year on strong clinical progress, AI adoption, sales growth, wider outreach, and steady product pipelines.