Why Palantir’s ‘highly volatile’ stock is worth a buy, according to a new bull
Palantir is ‘giving the market what it wants in terms of margin expansion and profitability,’ says an Argus analyst. Source link...
MARKET
JPMorgan says Big Lots’ struggles could benefit this closeout-retail rival
The JPMorgan analysts said a possible Big Lots bankruptcy could mean a bigger shopper exodus toward Ollie’s Bargain Outlet stores. Source link...
Broadcom just keeps getting bigger as it’s deemed best AI stock besides Nvidia
Broadcom is set to pass Eli Lilly and become the eighth-largest U.S. company by market cap. Source link...
AMC’s theaters have their best weekend of 2024 thanks to ‘Inside Out 2’ — but its stock is falling
AMC Entertainment Holdings Inc. said Monday that its theaters just had their best weekend of the year in terms of moviegoers, but that didn’t stop the company’s shares from dropping in sympathy with those of fellow meme stock GameStop Corp....
The AI ‘bubble’ has helped the U.S. stock market dominate the world. What happens if it bursts?
The strength of the U.S. economy relative to the rest of the world postpandemic has convinced some bullish investors that the country’s stock market will keep outperforming other global benchmarks. But some economists suggest otherwise. Source link...
Popular tech ETF forced to dump Apple stock, buy Nvidia in upcoming rebalancing
A major shakeup is coming to a popular tech-sector exchange-traded fund. Source link...
Is the stock market open on Juneteenth, June 19? Will the post office deliver mail?
The newest federal holiday will see many closures. Source link...
8 stocks other than Microsoft, Apple and Nvidia that could be worth $4 trillion in three years
Stocks reaching the top of the market-cap rankings will often follow with below-average growth. Source link...
Former Chicago Fed President Charles Evans says September rate cut is possible
Economists are divided between a first cut in September or waiting for December. Traders in derivative markets see the Fed cutting interest rates twice starting in September. Source link...
This fund’s winning formula is diversified from your heavily weighted index fund
The Hennessy Cornerstone Mid Cap 30 Fund is highly rated and follows a fascinating stock selection methodology. Source link...
