Will Broadcom’s 10-For-1 Split Offer A Boost For The Stock?

Will Broadcom’s 10-For-1 Split Offer A Boost For The Stock?

Image courtesy of 123rf.com At last week’s earnings call for Q2 period, Broadcom (Nasdaq: AVGO) announced a 10-for-1 stock split scheduled for July 15th. The fabless semiconductor company headquartered in San Jose, California is following Nvidia’s lead. Since Nvidia’s own stock split took effect on June 10th, turning investors’ one share into 10 shares’ worth, NVDA […]
The 20 Biggest Tech Companies By Market Cap

The 20 Biggest Tech Companies By Market Cap

The world’s 20 biggest tech companies are worth over $20 trillion in total. To put this in perspective, this is nearly 18% of the stock market value globally.This graphic shows which companies top the ranks, using data from Companiesmarketcap.com. A Closer Look at The Top 20 Market capitalization (market cap) measures what a company is worth by taking […]
The “Last Mile” Of Disinflation

The “Last Mile” Of Disinflation

Jason Furman is out today with an article in the WSJ that the Fed should not be in any rush to lower rates, arguing that “the last mile” to 2% inflation is likely to be the hardest. While the article is behind a paywall, the illustration (and his endorsement of it) as well as his […]
Ethereum Hits Three-Week Low Of $3,362, Begins To Stabilize

Ethereum Hits Three-Week Low Of $3,362, Begins To Stabilize

Image Source: Pixabay The cryptocurrency market faced a tumultuous start to June, with Bitcoin’s price plummeting to $65,000, sparking concerns among investors. This decline was precipitated by several unfavourable developments, including macroeconomic uncertainties, Bitcoin miners capitulating, ETF outflows, and significant whale distribution. These factors combined to drive a substantial correction across major cryptocurrencies, including Ethereum, which saw […]
How Washington And The Fed Caused The Commercial Real Estate Crisis

How Washington And The Fed Caused The Commercial Real Estate Crisis

Mainstream financial news today is replete with stories about “distress” in the commercial real estate market. But what is the precise nature of this distress, and what implications does it have for those outside of the respective industry or asset class? More importantly, what set of factors contributed to the distress, and what does that […]
Is Ripple’s XRP Gearing Up For A Big Price Breakout?

Is Ripple’s XRP Gearing Up For A Big Price Breakout?

Image by WorldSpectrum from Pixabay   A symmetrical triangle pattern that may break out is formed while closely observing the price movement of Ripple (XRP). With converging trendlines, this pattern suggests a time when the forces of buyers and sellers balance out in anticipation of a potential price increase or fall in XRP. XRP Price and Market Sentiment  CoinMarketCap data […]
US Federal Debt Interest Costs Soar To Record $890 Billion In 2024

US Federal Debt Interest Costs Soar To Record $890 Billion In 2024

The US Treasury projects net interest costs on the federal debt to reach an unprecedented $890 billion in 2024. This marks a significant increase from previous years, reflecting the growing financial burden on the US government due to rising interest rates and an expanding national debt.Key DevelopmentsProjected Interest Costs: 2024 Projection: $890 billion 2023 Comparison: Increase of […]
Stocks Edge Higher Amid Manufacturing Data

Stocks Edge Higher Amid Manufacturing Data

Stocks are slightly higher to start the holiday-shortened week, as they attempt to build off last week’s record highs. Investors are sifting through the Empire State Manufacturing Index, as they await the release of retail sales data tomorrow. The Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite Index (IXIC) are all above […]
AI-Focused Drug Discovery Stocks Portfolio Down 4% W/e June 14th

AI-Focused Drug Discovery Stocks Portfolio Down 4% W/e June 14th

Photo by Mohamed Nohassi on Unsplash An IntroductionThe major expense of developing new drugs costs about $900 million, on average, per discovery and 13.5 years, on average, to do so the conventional way and has created a huge shortage in drug candidates and programs. That being said, the advent of AI has significantly shortened and cheapened this process by […]
Autodesk Stock Gains After Activist Hedge Fund’s $500 Million Stake Revealed

Autodesk Stock Gains After Activist Hedge Fund’s $500 Million Stake Revealed

Image courtesy of 123rf.com Activist hedge fund Starboard Value has taken a significant stake in software maker Autodesk (Nasdaq: ADSK) amid concerns over the company’s handling of a recent accounting scandal. The firm, led by Jeff Smith, invested approximately $500 million in Autodesk and is considering legal action to address issues related to corporate governance and financial disclosures. Starboard […]