Earnings per share for S&P 500 companies skyrocketed 53% from a year earlier in Q2 and sales jumped almost 16%, according to LSEG data.
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We’ve all heard of having too much of a good thing, and the stock market’s near four-year bull run has been a really, really good thing.
Advisors love to warn clients about missing the market’s best days. It turns out that missing the market’s worst days might matter more.
Whether markets are frothy or not, most advisors say preparing for the worst never hurts.
It might be time for financial advisors to give the rest of the market a second look.
Subversive ETFs filed to launch two funds that specifically exclude companies associated with the world’s richest man.
There’s been a bit of a vibe shift since Nvidia CEO Jensen Huang tabbed Marvell as “next trillion-dollar company” just a week ago.
After a dry spell amid high interest rates and inflation uncertainty Q1 saw 35 IPOs raise $9.9 billion, according to Renaissance Capital.
The smaller company in the deal, Dominion Energy, powers the world’s data center capital in northern Virginia.
The US did approve 10 Chinese firms as buyers for the H200, Nvidia’s second-most powerful AI chip, though no purchases have yet been made.
Even legacy tech companies like Intel and Dell Technologies are riding the AI wave with major stock gains this year.
Class B shares of the company have lagged the S&P 500 by 37 percentage points in the past 12 months, the worst such stretch since 2000.
Tesla trades at around 183 times forward earnings, behind only Boeing and Warner Bros. Discovery on the S&P 500.
The S&P 500 ticked down 0.24% on Monday, snapping a 14-day winning streak that pushed the market to a record close on Friday.
The Bureau of Labor Statistics said Wednesday that the producer price index rose 0.7% month-over-month in February, higher than expected.
The US-Israel conflict with Iran has triggered the biggest oil supply disruption ever, topping the 1956 Suez crisis.