Cathie Wood Backs Tesla's AI Ambitions
On Tuesday, Cathie Wood threw her support behind Tesla Inc.’s (NASDAQ:TSLA) next-generation AI5 chip after business advisor Brian Roemmele called it a “big deal,” with Elon Musk revealing new details about the chip’s production and future roadmap.
» Read more about: Cathie Wood Backs Tesla's AI Ambitions »
Read MoreGold ETFs vs Silver ETFs | Which One Is Your Wealth Buddy?
Gold ETFs vs Silver ETFs | Which One Is Your Wealth Buddy?
In this episode of MF Banega BFF, our host Shreya Thakur takes you through three insightful segments packed with stories, strategies, and smart money moves.
In the first segment, MF Rundown — we break down the week’s key market highlights and what they mean for mutual fund investors.
» Read more about: Gold ETFs vs Silver ETFs | Which One Is Your Wealth Buddy? »
Read MoreBitcoin and Ether ETFs bleed as Solana quietly pulls in ‘curious capital’
Spot Bitcoin and Ether exchange-traded funds (ETFs) continued to bleed capital on Tuesday, with both assets seeing their fifth straight day of outflows. In contrast, Solana funds extended their inflow streak to six days.
According to data from Farside Investors, spot Bitcoin (BTC) ETFs saw $578 million in net outflows on Tuesday,
» Read more about: Bitcoin and Ether ETFs bleed as Solana quietly pulls in ‘curious capital’ »
Read MoreJapan's Itochu posts 14% rise in half-year net profit
TOKYO :Japanese trading house Itochu posted on Wednesday a 500.3 billion yen ($3.32 billion) net profit in the six months ended September, up 14 per cent from the same period a year ago.
Itochu, active in everything from commodities trading to food businesses, kept its net profit forecast for the full fiscal year unchanged at 900 billion yen.
» Read more about: Japan's Itochu posts 14% rise in half-year net profit »
Read MoreStock Market Live November 6: S&P 500 (SPY) Climbing Despite AI Valuation Concerns
<!– Legacy Bulma: `live-update-content` opening
- Nvidia (NVDA) gained in premarket trading after Microsoft secured export licenses to ship chips to the United Arab Emirates.
- Tesla shareholders vote today on Elon Musk’s potential $1 trillion pay package tied to hitting an $8.5 trillion market cap.
The Burst
1 Cloud SaaS Healthcare Stock to Buy on the Dip?
It might surprise many that Veeva Systems Inc. (NYSE:VEEV), best known for its cloud-based software solutions tailored to the life sciences industry, has maintained a core principle of putting customer success and product excellence ahead of short-term gains.
In a market crowded with SaaS companies seeking to serve a wide variety of enterprises,
» Read more about: 1 Cloud SaaS Healthcare Stock to Buy on the Dip? »
Read MoreThe Ivy
This High-Yield Fidelity ETF Is Beating the Market, Here’s Why
Fidelity’s High Dividend ETF (FDVV) is a fund that offers a compelling combination of both current dividend income and growth potential. The fund began in September of 2016 and has delivered a 12.8% lifetime annualized return as well as a steady stream of dividends to its shareholders.
Is the Fidelity High Dividend ETF a good investment to make today,
» Read more about: This High-Yield Fidelity ETF Is Beating the Market, Here’s Why »
Read MoreThe Spotlight
Spotlight: Unicorn Stock Is Envy of Fintech
Earlier in the week we covered a stock that had both impressive revenue growth and a handsome dividend, a rare combination that is hard to find in any industry. The stock was United Healthcare and it had a ten year history of growing year-over-year revenues in each quarter.
That inspired us to find other companies that are also growing yet pay a handsome dividend.
» Read more about: Spotlight: Unicorn Stock Is Envy of Fintech »