Financial & Business News
LATEST INVESTING HEADLINES
Retail traders sent almost $30 billion into Nvidia shares this year on balance, according to Vanda Research. It's the latest honor for the megacap tech stock, which has shown leadership within artificial intelligence that has dazzled both Wall Street and Main Street.
SoundHound AI's (SOUN -0.93%) shares surged by nearly 875% in 2024 mainly due to record third-quarter revenue performance and increasing adoption of the company's conversational AI solutions by major brands across industries. The stock also benefited significantly from a bullish report from Wedbush analyst Dan Ives, who raised the company's target price from $10 to $22.
Nike (NKE 0.04%) reported its fiscal 2025's second-quarter results on Dec. 19, beating top- and bottom-line estimates (although expectations were very low). However, the stock fell slightly on Dec. 20 despite a 1.1% gain in the S&P 500 as investors digested Nike's guidance and the timeline of its recovery.
Panic sellers have bailed out of UnitedHealth stock as the leading healthcare sector leader took a significant hammering. Despite structural headwinds, UNH's diversified business model, particularly its profitable Optum segment, underpins its solid profitability and positions it well against smaller peers. UNH's valuation has dropped below its 10-year average, making it reasonably valued and an attractive opportunity for aggressive dip-buying.
We had moved Broadstone Net Lease to a Hold from a Buy the last time around. The stock is down 10.5% since then and the decision to stay out feels good. We go over the fundamentals today and tell you how we would play it.
Following Nvidia's (NASDAQ: NVDA) stock red-hot run in 2024, its momentum has coincided with significant insider selling activity.
If a strike by Starbucks' (NASDAQ: SBUX) workers is supposed to get them better benefits and treatment, the store count affected by the union action is modest.
Following a sharp rebound in 2023, the capital markets have been scorching hot this year -- with the S&P 500 and Nasdaq Composite gaining 24% and 30%, respectively, as of market close on Dec. 20.
Micron (MU -0.49%) management gave investors an interesting outlook for the upcoming year.
The Carlyle Credit Income Fund (CCIF) offers a high yield of over 15% and invests mostly in CLO equity. CCIF employs leverage at both the fund and asset levels, which can enhance returns but also increases risk. CCIF has experienced high levels of volatility historically.