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Tech Titan's New Outlook: What's Behind Qualcomm's Bullish Rating?

September 23, 2024

Qualcomm, the multinational technology giant, is receiving a thumbs-up from a respected analyst. Stacy Rasgon from Bernstein has reaffirmed her Buy rating on the company, with a price target of $240.00, citing the company's impressive financial performance. But what's driving this optimism? First,

finance

Trump's Warrant Deadline Looms: Will He Sell?

September 23, 2024

Trump Media and Technology Group (NASDAQ: DJT) shares have dropped significantly, wiping out the billions of dollars in paper gains the former US President recorded since December 15, 2023. The company's 59% stake, corresponding to 114.75 million shares, achieved an early lock-up exit last Thursday

business

Tech Stocks in the Spotlight: Uncovering the Analysts' Opinions

September 23, 2024

The Technology sector is abuzz with excitement as analysts weigh in on International Business Machines (IBM), Salesforce (CRM), and Enfusion (ENFN). Let's dive into the latest opinions from the experts. IBM has been a topic of interest, with Bernstein analyst Toni Sacconaghi maintaining a Hold rati

business

Stock Market Momentum

September 20, 2024

The stock market is expected to continue its upward trend, with Brian Belski of BMO raising his S&P 500 price target to 6,100. This prediction is based on a combination of factors, including the Federal Reserve's recent rate cut and favorable seasonal data. Belski believes that the market will finis

business

Trump's Stock Takes a Hit as Lockup Expires

September 20, 2024

As the clock struck midnight, the restrictions on Trump's media stock finally came to an end. And just like that, the shares of DJT started plummeting. The stock price went down by over 7% in just a few hours, hitting a new 52-week low. This sudden drop has left many investors wondering what's behin

business

Record-Breaking Rally: Stocks Soar as Fed Takes the Brake Off

September 20, 2024

Imagine the thrill of watching a rollercoaster reach new heights, only to suddenly plummet down a steep hill. That's what happened in the world of finance when the Federal Reserve made a bold move by cutting interest rates by half a point. The Dow Jones Industrial Average jumped 522 points, or 1.3%,

finance

Market Mood Swing: Rate Cut Rally Ignites Record-Breaking Highs

September 20, 2024

The stock market reacted with euphoria on Thursday after the Federal Reserve's surprise half-point interest rate cut. The Dow Jones Industrial Average soared 633 points, or 1.5%, to surpass the 42,000 mark, while the S&P 500 and Nasdaq Composite also hit new highs. Tech giants like Nvidia, Tesla, Me

business

Don't Miss the Boat: Black Hills' Dividend King Opportunities

September 19, 2024

The rising cost of living can be overwhelming, and it's no secret that many Americans are feeling the pinch. Despite the moderating inflation rate, the financial burden remains. One way to combat this is by investing in dividend-paying stocks. Black Hills Corporation, a utility company, is a prime e

finance

Unlocking Hidden Gems: Uncovering Undervalued Real Estate Investment Opportunities

September 19, 2024

In the world of real estate, it's often said that the best investments are those that fly under the radar. But how do you find these hidden gems? By digging deep and uncovering undervalued real estate investment trusts (REITs). REITs are companies that own or finance real estate properties and provi

business

Futures Market Rattles as Fed Rate Cut Raises Questions

September 19, 2024

The US stock market has been on a rollercoaster ride lately, and yesterday was no exception. Traders woke up to a surprise rate cut from the Federal Reserve, which sent shockwaves through the financial world. The central bank slashed its overnight lending rate to a range of 4.75% to 5.00%, marking t