VOO ETF analysis as inflows rise and Tom Lee issues S&P 500 forecast
The Vanguard S&P 500 ETF (VOO) has staged a strong comeback this year and is nearing its all-time high of $561. » Read more about: VOO ETF analysis as inflows rise and Tom Lee issues S&P 500 forecast »
Read MoreStock market today: Dow, S&P 500, Nasdaq waver as cool inflation data boosts Fed rate cut hopes
Inflation didn’t pickup as much as Wall Street expected in May.
The latest data from the Bureau of Labor Statistics showed that consumer prices increased 2.4% over the prior year in May, an increase from April’s 2.4% and in line with economists’ forecast for 2.4%. But all other closely watched metrics from the release came in below expectations.
Read MoreQBTS Stock: What’s Next For D-Wave After 1,350% Rally?
CANADA – 2025/05/11: In this photo illustration, the D-Wave Systems logo is seen displayed on a … More
SOPA Images/LightRocket via Getty Images
» Read more about: QBTS Stock: What’s Next For D-Wave After 1,350% Rally? »
Read MoreWhat’s Driving AMZN Stock Higher?
Brick facade of Amazon office building with logo, San Francisco, California, May 27, 2025. (Photo by … More
Gado via Getty Images
Over the last year, Amazon stock (NASDAQ: AMZN) has appreciated 16%,
» Read more about: What’s Driving AMZN Stock Higher? »
Read More'Sell America' is in full force for elite investor Jeffrey Gundlach, who warns of a US debt 'reckoning'
Elite investor Jeffrey Gundlach is doubling down on the ‘”Sell America” trade.
The DoubleLine Capital CEO, previously coined as the “King of Bonds,” raised concerns about dollar-denominated assets when speaking at the Bloomberg Global Credit Forum on Wednesday.
At the core of his comments is growing concern over America’s swelling debt load,
Read MoreThe Burst
Is This Fintech Set To Explode?
Fintech lender and financial services provider SoFi (NASDAQ:SOFI) was among the companies hit hard by the stock crash of 2021. At its peak, the company’s shares traded at over $25. Today, the stock is priced under $10 per share.
Recent developments, however, have given SoFi some renewed momentum and opened up the strong possibility of a turnaround.
» Read more about: Is This Fintech Set To Explode? »
Read MoreThe Ivy
Is Another NVIDIA Stock Split Imminent?
NVIDIA has split its stock six times during its 25 years as a public company. The first stock split happened in 2001, and it doubled the number of shares available. If you owned 100 Nvidia shares before the split, you had 200 shares after. The most recent stock split occurred on May 22, 2024 and was 10:1 meaning for every 100 shares owned on May 21,
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Read MoreThe Spotlight
457 Million Reasons to Buy This Auto Stock
When you find an investment manager overseeing $1.2 billion, it warrants further investigation when they bet one fifth of their entire portfolio on a single stock. Yet that’s exactly the conviction that Impactive Capital demonstrated by betting 20.4% of their portfolio on an automotive retailer.
Amid the universe of thousands of stocks, what is it that Impactive portfolio managers saw in Asbury Automotive that motivated them to allocate $457 million of their fund to it?
» Read more about: 457 Million Reasons to Buy This Auto Stock »