Category: Uncategorized
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Stock Market Today: Major Indexes Mostly Rise After Softer-Than-Expected Inflation Data; IBM Weighs on Dow
Consumer prices rose less than expected in June.Credit: Spencer Platt / Getty Images Major stock indexes were mostly higher on a busy Tuesday after the June Consumer Price Index data came in softer than expected, but IBM shares weighed on the Dow Jones Industrial Average after the company issued preliminary results well below expectations. The…
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The ‘Boring’ Dividend ETF Everyone Ignored Just Crushed the S&P 500 This Year
© bigjom jom / Shutterstock.com The Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) spent three years ignored while the rest of you rode the AI trade. This year, the geometry flipped. SCHD is up 20% year-to-date, and the S&P 500, via SPDR S&P 500 ETF Trust (NYSEARCA:SPY), is up about 10%. That is a real gap,…
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Stock Market Today, July 14: Growth Stocks Rally as Inflation Cools to 3.5%, Equaling 2020 Lows
As of 1:30 p.m. ET, the Nasdaq Composite (NASDAQINDEX:^IXIC) rose 1.06% to 26,147, the S&P 500 (SNPINDEX:^GSPC) gained 0.49% to 7,552, and the Dow Jones Industrial Average (DJINDICES:^DJI) edged up 0.04% to 52,520 as cooling inflation data offset a massive slide in a major blue chip tech component. Gold prices rose 2.23% to $4,095.00 as…
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IBM Stock Is Having the Worst Day in Its History
Key Points IBM says customers are diverting spending to storage and memory products. The company “did not anticipate the magnitude of the capex reprioritization.” IBM stock is on track to have the greatest one-day drop in the company’s 115-year history. Shares of International Business Machines (NYSE:IBM) fell by as much as 25% today after management…
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Warren Buffett Excludes Bill Gates From Annual Charity Giving
Bill Gates is well and truly out in the cold after his closest billionaire friend, Warren Buffett, axed the Gates Foundation from his yearly charity donations over the Jeffrey Epstein scandal. Gates, 70, spent two decades building joint philanthropy projects with Buffett, 95, who has poured more than $43 billion in Berkshire Hathaway stock into…
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Dollar Falls and Gold Rallies as US CPI Trails Estimates
The dollar index (DXY00) is down by -0.55% today. The dollar is retreating today after US June consumer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances of a Fed rate hike at the FOMC meeting later this month to 12% from 43% on…
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Cybersecurity stocks surge thanks to IBM, and Nvidia climbs on more good China news
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are higher on Tuesday, with the S & P 500 recovering about half of Monday’s losses. A much cooler-than-anticipated June consumer price index (CPI) report…
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Prediction: This Will Be Nvidia's Stock Price Next Year (Hint: The Time to Buy Is Now)
Nvidia (NASDAQ: NVDA) stock has had a lackluster performance this year, especially when compared to the past three. It’s up around 9%, just behind the S&P 500 (SNPINDEX: ^GSPC), which is up around 10%. The chipmaker is also down by more than 10% from its peak. However, a rebound could be coming. The reality is…
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Thematic ETFs Boosted by SpaceX IPO Lose Altitude
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. What goes up must come down, even for a rocket company and the many thematic ETFs it boosted. SpaceX dominated the headlines for weeks with its highly anticipated initial public offering in June, and several…
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3 Best Photonics ETFs for 2026 and How to Invest
Photonics refers to the use of light rather than electricity to transmit, process, and manipulate information. As AI models become larger and more computationally intensive, traditional copper interconnects are increasingly reaching bandwidth, latency, heat, and power consumption limits. Photonic technologies, including optical networking, silicon photonics, and high-speed optical components, offer a potential solution by enabling…