Investing Ideas

By Having Implemented Stock Split, NVidia Simply Followed Footsteps of Tesla and Expects a Similar Outcome

Nvidia (NVDA) stock has more than tripled over the past year alone, to trade at just over $125.20 as of the market close on Wednesday, June 12, taking into account its recent share split.

International

Re-Election Modi Runs India on a Fast-Growth Trajectory

Prime Minister Narendra Modi has won the Indian elections but lost his absolute majority: his BJP party has won 240 seats on 543 in the Indian parliament, but this time failed to obtain the majority, which could weaken his policymaking.

Investing Ideas

As EV Adoption Stalls Due To 'Chicken And The Egg' Situation, Hybrids Race Ahead

In recent months, consumer preferences and OEM investments have shifted from electric vehicles (EVs) towards hybrids as a bridge solution.

U.S. Economy

Federal Reserve Hints at Rate Hike Amid Inflation Concerns; U.S. Home Sales Decline

The Fed may consider raising interest rates if inflation accelerates, according to minutes from the last meeting.

International

Japan's Economy Skids, Clouding BoJ's Rate Hike Plans

Japan's economy fell faster than expected in the first quarter as the weak yen continued to batter consumers, throwing a fresh challenge to the central bank's push to get interest rates further away from near zero.

Investing Ideas

Nvidia will Surge Another 22%, and is Still Cheap Compared to Peers Despite Nearly Doubling this Year, Goldman Sachs Says

Nvidia (NVDA) stock still has plenty of upside even after its year-to-date rally of 81%, according to a Tuesday note from Goldman Sachs.

U.S. Economy

Fed to Stay at Current Rate Horizon Citing Inflation for Longer than Anticipated

The Federal Open Markets Committee (FOMC) concluded its two-day monetary policy meeting with a unanimous decision to let the Fed funds target rate stay at 5.25%-5.50%.

U.S. Economy

U.S. Private Sector Growth Unexpectedly Slows In April, Marks Lowest Increase In 4 Months: 'Drivers Of Inflation Have Changed'

The latest indications on U.S. private sector activity reveal a sharp and unexpected slowdown in the pace of growth in April 2024.

Investing Ideas

Cleveland-Cliffs to Report Q1 Earnings: What's in Store?

Cleveland-Cliffs (CLF) is slated to release Q1 2024 results after the closing bell on Apr 22.

U.S. Economy

Inflation Accelerates More than Expected in March as High Prices Persist

Inflation accelerated in March for the third straight month, keeping prices painfully high for millions of Americans and likely delaying any interest rate cuts by the Federal Reserve.

Investing Ideas

Where Will Apple Stock Be in 3 Years?

No matter what, Apple (AAPL) is going to be fine. Indeed, it may well be an even bigger company by 2027 than the $2.6 trillion behemoth it is right now.

International

The Presidents of France and Brazil Meet and Announce a $1.1 Billion Investment Plan for the Amazon

The Brazilian and the French presidents on Tuesday announced a plan to invest 1 billion euros ($1.1 billion) in the Amazon, including parts of the rainforest in neighboring French Guiana.

U.S. Economy

Powell: Economy Progresses, but Inflation Still 'Too High' to Adjust Benchmark Rate

On Wednesday, March 20, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being.

International

China Central Bank Buying Set Stage for Gold's Rally

Gold has been trading for months around the $2,000 mark — a level that would have been viewed as stratospheric just a few years ago, and which was only breached for the first time in 2020.