Dow Jones cools 350 points from intraday record as Warsh vows price stability; Meta shines
Benchmark indices on Wall Street had a volatile start to the month of July as they gave up initial gains to end with losses following a sell-off in chipmaking companies. Investors also assessed an address from Fed Chair Kevin Warsh at the European Central Bank Symposium in Portugal.
The Dow Jones made a record high of 52,742,
Read MoreMy Top High-Yield Dividend Stock to Buy for Passive Income, Even If There's a Stock Market Crash
Don’t let the strong bull market of recent years confuse you. Over the long term, stocks may trend higher in price, but during periods of stock market weakness, they can be very volatile. That’s why, if you’re looking for your portfolio to generate income and/or steady returns over a long time frame, you need to make sure to own a few high-quality blue chip dividend stocks.
Read MoreFactorial Energy (FAC): Among the Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
Read MoreTesla (TSLA) Stock May Be Overvalued After Merger Speculation Grows
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Tesla stock is back near the spotlight, with the share price at US$420.60 and a 91.3% total return over the past five years,
» Read more about: Tesla (TSLA) Stock May Be Overvalued After Merger Speculation Grows »
Read MoreStock market today: S&P 500, Nasdaq futures slip after Samsung results spark chip sell-off
The Burst
Becky Called Him Crazy 3 Times, Then It Rose 10x
It’s that time in the cycle when bitcoin is back. Having eclipsed $70,000 per coin, the long-term bulls seem to have called this right once again. But the journey sure is painful and a dry desert needs to be walked for years before the green pastures and oasis can be enjoyed. Yet here we are in the oasis,
» Read more about: Becky Called Him Crazy 3 Times, Then It Rose 10x »
Read MoreThe Ivy
51.6% Upside In This Under-the-Radar Energy Play
Few investors realize that APA Corporation, formerly Apache Corporation, has quietly become a key player in one of the most sought-after regions for oil and gas exploration: Suriname.
This emerging hotspot may very well reset APA’s growth trajectory but it appears few investors have cottoned on to its promise.
APA Corporation’s joint venture with TotalEnergies in Suriname’s Block 58 is one of the most under-the-radar exploration stories in the energy sector today yet early drilling results have confirmed multiple discoveries,
» Read more about: 51.6% Upside In This Under-the-Radar Energy Play »
Read MoreThe Spotlight
Is It Finally Time To Buy Block?
Until December 1, 2021, Block (SQ) was known by its original name, Square. The company, founded in 2009, had spent more than a decade developing payment systems that helped individuals and small businesses exchange money. The Square payment platform is still one of Block’s most popular products. The small device can turn practically any smartphone or tablet into a point-of-sale system that accepts credit card payments.