Mindblown: a blog about philosophy.
-
Coke crushes rival Pepsi on Wall Street as pricey snacks sink stock
Coca-Cola is pounding Pepsi on Wall Street, riding a lean beverage strategy to near-record highs while its bloated rival chokes on a slumping snack business. Coke shares are nearly the highest ever since the Atlanta-based drinks giant entered the stock market over a century ago. Meanwhile, PepsiCo’s stock has tumbled nearly 30% since peaking just…
-
The 2 Magnificent Seven Stocks With the Most Upside Potential, According to Wall Street
The Magnificent Seven stocks are tech-adjacent corporations so named because they are leaders in their respective industries and have posted exceptional returns over the long run. The group includes Alphabet (GOOG 0.29%) (GOOGL 0.50%), Amazon (AMZN 0.73%), Apple (AAPL 0.37%), Meta Platforms (META +6.16%), Microsoft (MSFT +0.15%), Nvidia (NVDA +3.90%), and Tesla (TSLA +0.22%). Several…
-
Wall Street Brunch: Will AI Steal Earnings Spotlight From Banks?
asbe/iStock via Getty Images Listen below or on the go via Apple Podcasts and Spotify Will AI earnings eclipse big bank reports? (0:17) Taiwan Semi, ASML offer clues on AI demand. (0:54) Headline CPI seen cooling. (2:01) Earnings season officially kicks off this week as the big banks report. But major updates on AI spending…
-
Wall Street Is Bullish on 1 of These Chip Stocks and Bearish on the Other
Both Marvell Technology and Intel make chips that matter to the artificial intelligence build-out, and both have plenty of fans on the internet. What’s interesting to me is that the biggest names on Wall Street, the research desks at firms like Goldman Sachs, Bank of America (BAC +0.71%), and Morgan Stanley (MS +0.03%), have landed…
-
The Stock Market Just Flashed a Warning Sign Seen Only One Other Time Since 1890. History Couldn't Be Any Clearer About What Happens Next.
It’s been a fun few years for the stock market. Ever since the broader S&P 500 (SNPINDEX: ^GSPC) index crashed by 20% in 2022, the market has enjoyed a fast-and-furious bull run. Much of that has been driven by artificial intelligence (AI), as investors have poured into stocks they see as the largest beneficiaries of…
-
US Market Outlook: More upside left for Dow Jones, S&P 500 and NASDAQ Composite
The Dow Jones Industrial Average is struggling to rise while the S&P 500 and the NASDAQ Composite indices are slowly gaining strength. The Dow Jones was down 0.5 per cent for the week. The S&P 500 and the NASDAQ Composite indices were up 1.2 and 1.7 per cent respectively last week. Last week, we had…
-
A Stock Market Correction Could Be Coming. Here's 1 Move All Investors Should Make Right Now.
Could a stock market correction, or even a crash, be coming soon? The answer is an unequivocal yes — because corrections or crashes happen every few years. They’re to be expected. Given that, we should all think about what the best investment move is for us. Missed Nvidia in 2009? This Rare Signal Is Flashing…
-
NVIDIA Corporation (NVDA) Is A Top AI Stock In D. E. Shaw’s Holdings
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative…
-
Tech stocks feel like the only game in town. Here's why they are so hard to abandon
So many times when I want to write about something other than technology companies, I get hung up, not just on the size of tech — something my colleague David Faber often reminds me of — but how wonderfully robust tech is versus other corners of the market. Take Meta Platforms . I had been…
-
The Vanguard ETF Warren Buffett Endorsed in 2014 Would Have Turned $5,000 Into $20,465 Today
You may know him as Berkshire Hathaway‘s (BRKA 0.17%) (BRKB 0.35%) long-tenured, brilliant stock picker, as evidenced by Berkshire’s market-beating returns. Warren Buffett isn’t necessarily a big fan of picking individual stocks, though, discouraging most ordinary investors not to whenever they have the option. His advice? Buy index funds meant to mirror the performance of…
Got any book recommendations?