Zeta Global stock pared back some of its gains from earlier this week as investors booked profits following its earnings report. It retreated to $23 from this week’s high of $24.45. It remains about 65% above the lowest level this year, giving it a market capitalization of over $6 billion. Zeta Global stock dropped despite
Oracle stock has rebounded in the past few days as investors have rotated to technology names as the earnings season gains steam. ORCL jumped to $145 on Tuesday, up by 27% from its lowest level this year. So, is the stock a good buy as its CDS spread jumps to a record high? Oracle’s CDS
Cisco Systems stock is in a strong bull run this year and is the best-performing company in the Dow Jones Index. It has jumped by 60%, beating other top companies like Caterpillar, Travelers, Chevron, and Coca-Cola. This surge happened as the company became a major provider of AI infrastructure solutions. Cisco Systems’ business is booming
Broadcom stock has jumped to its highest level since June 4 as investors buy the dip in technology companies. AVGO jumped to $418, up by 17% from its lowest point in July and 45% above the year-to-date low. This article explains why the stock will continue rising and possibly move above the year-to-date high of
Investors seeking reliable income have no shortage of options today. For the most risk-averse, short-term bonds are currently offering annual yields of more than 4%, although they provide little to no potential for capital appreciation. This article explores why a portfolio combining Realty Income (NYSE: O), Energy Transfer (NYSE: ET), JPMorgan Nasdaq Equity Premium Income
The Scottish Mortgage Trust share price has come under pressure and moved into a correction as traders reacted to the ongoing earnings season. It also retreated after SpaceX, its biggest constituent company, plunged to a record low. It was trading at 1,361p on Tuesday, down by 12% from its all-time high. Scottish Mortgage share price
HSBC share price wavered today after the company published strong financial results, mirroring the performance of other European banks. It was trading at 1,575p on August 4, a few points below this week’s high of 1,608p. It has jumped by 31% this year, outperforming the FTSE 100 Index and the Invesco KBW Bank ETF (KBWB).
The S&P 500 Index and its top ETFs like VOO and SPY jumped on Monday and are nearing their record highs. It jumped to 7,600 points, its highest level since June 3 of this year. This article explains several reasons why the index and its ETFs have more gains to go. S&P 500 Index to
Lumentum stock jumped by over 13% in the premarket session after a highly bullish statement from Mizuho. LITE soared to $881, continuing a recovery that started on July 29 when it bottomed at $594. So, will this rally continue amid the rising valuation concerns? Lumentum stock jumps after crucial upgrade LITE stock has done well
SpaceX stock will be in focus later today as the company reports its first earnings since going public. Shares rose to $114.45 on Monday, recovering modestly from their record low of $104. Investors are now watching closely to see whether the inaugural earnings report will provide the catalyst for the stock to extend its rebound