Here's Why This Nvidia Partner's Stock Surged in June
Key Points
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A plethora of anecdotal evidence, management commentary, and Nvidia’s earnings report suggest spending on data center equipment remains in robust growth mode.
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Read MoreStock Market Ends Week In Red Amid Trade Deal Uncertainty, Profit Booking
Indian equity markets ended the week in the red, with benchmark indices Sensex and Nifty each losing 0.7 per cent amid growing caution ahead of the upcoming July 9 US-India trade deadline and the onset of the corporate earnings season. Investor sentiment remained subdued through the week, despite a strong opening on Monday that hinted at bullish momentum.
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Read MoreHere's How Much Traders Expect Tesla Stock to Move After Deliveries Data Due Wednesday
Tesla (TSLA) is expected to report production and deliveries figures for the second quarter on Wednesday morning, with investors anticipating a sizable move after a losing streak for the stock.
Shares dropped nearly 5% to just over $303 in recent trading, amid worries about an escalation in the feud between CEO Elon Musk and President Donald Trump over the president’s signature “
Read MoreWant Decades of Passive Income? 3 Stocks to Buy Now and Hold Forever
Key Points
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AbbVie is a Dividend King with solid growth prospects.
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Enbridge is a leading pipeline operator and natural gas utility with an ultra-high dividend yield.
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Read MoreTrade war as it happened: Donald Trump sends trade letters to 8 more countries; President confirms 50% copper tariff will start August 1
Donald Trump’s vow to impose 50 per cent tariffs on copper imports reverberated across the market for the world’s most important industrial metal on Wednesday.
Although US copper prices shot higher after the US president delivered his threat on Tuesday, the global price on the London Metal Exchange sank on Wednesday as traders bet that tariffs would ultimately hit demand for the metal.
Read MoreThe Burst
“1 Extraordinary Stock with 12x Upside” Analyst Claims
One analyst with an astonishing track record claims Roku could rise by as much as 12x from current levels, so we decided to investigate whether there is any merit to bullish forecast.
Who is the analyst and is she worth listening to? That’s up for debate. At her heights, Cathie Wood was revered as the prognosticator extraordinaire,
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Read MoreThe Ivy
Alert: 27% Upside in Maligned Fintech Play
Investment Alert: Buy PayPal (PYPL) Under $57/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
It’s really hard to explain away why Paypal has been so beaten down this year.
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