Is Coca-Cola a No-Brainer Dividend Stock to Buy While It's Below $65?
Thu, Apr 25, 2024 5:53 PM

Is Coca-Cola a No-Brainer Dividend Stock to Buy While It's Below $65?

With its popular drinks being sold in 200 countries across the world, Coca-Cola (NYSE: KO) is without a doubt one of the strongest and most widely recognized brands on Earth. The business has been around since the late 1800s. The average investor might have their eyes on this beverage stock because Warren Buffett-led Berkshire Hathaway is a large shareholder.

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Nifty 50 expected to rise 14% to reach 25,810 level by December
Thu, Apr 25, 2024 5:51 PM

Nifty 50 expected to rise 14% to reach 25,810 level by December

Nifty 50 will have scaled up to the 25,810 mark by December 2024, highlighted domestic brokerage Prabhudas Lilladher in its most recent India Strategy Report, Democratic Hat-trick to Re-Rate Markets. The ongoing rule of the NDA government and the La Nina-led regular monsoons, which are predicted to bring policy stability and accelerate demand-driven economic development.

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Turkey Pauses Rate Hikes Ahead of Inflation Peak Near 70%
Thu, Apr 25, 2024 5:49 PM

Turkey Pauses Rate Hikes Ahead of Inflation Peak Near 70%

Turkey’s central bank kept interest rates unchanged, pausing a month after surprising markets with a big hike and delivering additional tightening since then. The Monetary Policy Committee led by Governor Fatih Karahan left the one-week repo rate at 50% on Thursday. All but two economists surveyed by Bloomberg correctly predicted the decision, while the rest saw an increase.

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S&P Global first-quarter profit beats estimates on strong product demand
Thu, Apr 25, 2024 5:48 PM

S&P Global first-quarter profit beats estimates on strong product demand

S&P Global on Thursday beat Street estimates for its first-quarter profit, as hopes of a "soft landing" spurred investors to spend more on data and analytics products. With growing expectations of the U.S. Federal Reserve avoiding a recession, investors are increasingly spending more on analytics and data-related products. This trend bodes well for companies like S&P Global.

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These 3 Dow Stocks Are Set to Soar in 2024 and Beyond
Thu, Apr 25, 2024 5:46 PM

These 3 Dow Stocks Are Set to Soar in 2024 and Beyond

The venerable DJIA appears to be getting left behind in the current bull market. Sure, the Dow is up over the last 12 months. However, its performance significantly lags the S&P 500 and the even higher-flying Nasdaq-100.Some Dow Jones Industrial Average members aren't likely to be left behind, though. These three Dow stocks are set to soar in 2024 and beyond: 📌Amazon 📌Intel 📌Salesforce.

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Nasdaq's revenue beats on strong demand for fintech products
Thu, Apr 25, 2024 5:44 PM

Nasdaq's revenue beats on strong demand for fintech products

Nasdaq beat estimates for first-quarter revenue on Thursday, driven by strong demand for its financial technology products used by traders and investors to navigate the capital markets. Revenue from its financial technology unit surged 71% to $392 million in the first quarter, while revenue from its index business jumped 53% to $168 million.

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Should You Buy the Dip on Super Micro Computer Stock?
Thu, Apr 25, 2024 5:37 PM

Should You Buy the Dip on Super Micro Computer Stock?

Super Micro Computer (NASDAQ: SMCI) has had a tremendous year, as the stock has increased around 160%. But it's well off its all-time highs set just over a month ago. In early March, Super Micro Computer hit an intra-day high of $1,229, a far cry from the $700 mark it trades at now. Many investors may wonder if it's time to get back into Supermicro's stock, especially after the $200 a share drop.

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Is This 1 Small Chip Stock a Top Bet on the Future of AI?
Thu, Apr 25, 2024 5:35 PM

Is This 1 Small Chip Stock a Top Bet on the Future of AI?

As interest rates increased and made the purchase of new vehicles more prohibitive in the last year, companies specializing in electric vehicles (EVs) have taken it on the chin in recent months. That includes tiny Aehr Test Systems (NASDAQ: AEHR), a specialist that makes equipment used in production of silicon carbide (SiC) chips for high-voltage power devices.

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Vauxhall maker threatens to quit UK market over electric car mandate
Thu, Apr 25, 2024 5:30 PM

Vauxhall maker threatens to quit UK market over electric car mandate

The net zero crackdown on combustion engines could force the maker of Vauxhall to pull out of Britain, its boss has warned. Carlos Tavares, chief executive of Stellantis, said that a law to limit petrol car sales was “terrible for the UK” and would force manufacturers to sell vehicles at a loss. A source close to the company said the more likely option was to restrict sales in Britain.

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‘It’s a bull market’: Billionaire investor Ken Fisher says
Thu, Apr 25, 2024 5:28 PM

‘It’s a bull market’: Billionaire investor Ken Fisher says

After a strong start to the year, stocks seem to have cooled off recently. But according to investing legend Ken Fisher, this is no time to turn bearish. During a discussion on Fox Business, the billionaire founder of Fisher Investments shared his insights on why the recent dip in the stock market is not a significant worry. “It is a bull market,” he stated.

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History Says the Nasdaq Will Roar Higher This Year
Thu, Apr 25, 2024 5:25 PM

History Says the Nasdaq Will Roar Higher This Year

The Nasdaq climbed to a new record high this year as investors piled into growth stocks, particularly those in the area of AI. This confirmed that the index was in a bull market, an investing environment favoring growth companies. And this momentum may just be getting started for two reasons. This year, the Nasdaq has pared its earlier increase and is now up about 4.5% year to date.

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Stock Market Today: Meta plunge pulls stocks lower
Thu, Apr 25, 2024 5:23 PM

Stock Market Today: Meta plunge pulls stocks lower

U.S. equity futures moved firmly lower Thursday, while the dollar held steady against its global peers, as investors counted the cost of a big slump in Meta Platforms ahead of another round of Big Tech earnings while eyeing two key data releases prior to the opening bell. Meta  (META)  is likely to be the biggest driver of market action at the open.

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2:1 Bonus Share & 10:1 Stock Split: Multibagger penny stock below Rs 2
Thu, Apr 25, 2024 5:21 PM

2:1 Bonus Share & 10:1 Stock Split: Multibagger penny stock below Rs 2

From Rs 0.04 to Rs 1.91 per cent, the stock gave multibagger returns of 4,675 per cent in 3 years. Today, shares of Standard Capital Markets Limited plunged 1.04 per cent to Rs 1.91 per share from its previous closing of Rs 1.93 with an intraday high of Rs 1.93 and an intraday low of Rs 1.86. The stock’s 52-week is Rs 3.52 and its 52-week low is Rs 1.15.

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Copper still isn’t a one-way bet
Thu, Apr 25, 2024 4:44 PM

Copper still isn’t a one-way bet

Copper bulls are roaming the wilds of the London Metal Exchange again. The price for the 3-month contract, which dipped below $8000 a metric ton in late 2023 as Chinese growth sagged, closed above $9700 on Wednesday. It is now up around 13% from the beginning of the year. And BHP, one of the world’s top miners, has just unveiled its bid to buy its rival, and copper heavyweight, Anglo American.

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Asia’s richest banker Uday Kotak loses $1.3 billion
Thu, Apr 25, 2024 4:42 PM

Asia’s richest banker Uday Kotak loses $1.3 billion

Uday Kotak built his Kotak Mahindra Bank Ltd. over decades to become Asia’s richest banker. After India’s regulator slapped his bank with a surprise ban, he’s facing one of his biggest tests yet - and a dip in wealth.The lender’s shares tumbled as much as 13% on Thursday after it was barred from adding new customers through its digital channels.

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