ADNOC Listed Firms Target $43 Billion in Dividends by 2030
Abu Dhabi National Oil Company (ADNOC) unveiled an ambitious plan to distribute AED158 billion ($43 billion) in dividends across its six publicly listed subsidiaries by 2030—nearly twice the total amount paid since its first IPO in 2017.
Announced at ADNOC’s inaugural Investor Majlis in Abu Dhabi, the initiative highlights ADNOC’s commitment to shareholder returns,
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Read MoreWarren Buffett Recommends Most Investors Buy This 1 Index Fund — and It Could Turn Just $200 per Month Into $400,000 or More
Big Tech Stocks Don’t Trade on Fundamentals Anymore (AMZN, GOOG, META, MSFT)
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Read MoreStocks stumble as Trump’s remarks on China reignite trade war fears
New York
—
US stocks dropped lower Friday after President Donald Trump threatened to hike tariffs on imports from China, reigniting fears of a trade war that rocked global markets earlier this year.
The Dow was down 600 points, or 1.3%.
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Read MoreStock market is not in a bubble zone, FIIs no longer sole price setters: Anuj Kapoor
While strong domestic flows are providing a cushion against record foreign selling, Indian markets still need FPI money for a bull market to sustain, says Anuj Kapoor, Managing Director & CEO, Private Wealth, JM Financial Services Ltd.
In an interview with Ritik Raj of Business Today,
The Burst
Sentiment Extreme Warns Traders To Watch Out
Largely, trading falls into one of 3 buckets. Fundamental, technical or sentiment analysis. For the most part, we focus on valuations as part of fundamental analysis and charts as part of technical analysis but sentiment analysis has a time and place, and they appear to be right here, right now.
Tom McClellan, famous for creating the McClellan Oscillator pointed out a remarkable statistic that hasn’t surfaced in over 5 years.
» Read more about: Sentiment Extreme Warns Traders To Watch Out »
Read MoreThe Ivy
1 High-Yield Dividend Stock to Buy and Hold
Forget the Magnificent 7 for a moment, and consider the merits of owning a boring old real estate company that has grown revenues predictably at a rapid rate for the past 3 years.
Rexford Industrial Realty owns one of the most concentrated portfolios of industrial real estate in Southern California, an area where vacancy rates for industrial properties have hovered near 1% over the last decade.
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Read MoreThe Spotlight
FAANG Is Dead, Here’s Why
It wasn’t long ago Meta had a trillion dollar market capitalization. Zuckerberg’s empire spanned social media giants Facebook and Instagram, as well as Whatsapp and Oculus. Then TikTok came along and everything changed.
A few years ago the only platform that could claim a billion monthly active users was Facebook, but by January of this year TikTok had eclipsed this threshold and a full 3 billion users have installed the app.