Why a $70B Fund Will Likely Load Up on Nvidia Stock, Dump Apple This Week
Key Takeaways The Technology Select Sector SPDR Fund (XLK) will likely be forced to buy …
Central Banks Are Looking at Record-High Gold Purchases
Key Takeaways Central banks have added record amounts of gold to their reserves over the …
Boston Scientific Buys Silk Road Medical for $1.26 Billion
Key Takeaways Boston Scientific has purchased Silk Road Medical, which makes products to help prevent …
Retail Sales Fall Short of Expectations in May
Key Takeaways Retail sales were slower than expected in May and April’s revised numbers showed …
S&P 500 Boosted Stock Buybacks by 10% in Q1
Key Takeaways Stock buybacks rose 10% in the first quarter of 2024 compared with the …
Bitcoin Creeps Up But Still Under $70K
Key Takeaways The bitcoin price fell last week ahead of inflation and Federal Reserve news …
Netflix Has Dominated in Advertising Dollars Per Viewer. Could Its Lead Be Narrowing?
Key Takeaways Netflix leads all streaming services by earning $70.44 per subscriber to its ad-supported …
Broadcom Hits Fresh Record High After Stock Split Announcement
Key Takeaways Broadcom stock is continuing to rise, setting a new all-time intraday high Monday. …
Autodesk, Micron Technology, AMC Networks, and More
Key Takeaways The S&P 500 and Nasdaq posted small gains at midday, adding to their …
Adidas Probing Accusations of Kickbacks Given to Employees in China
Key Takeaways Adidas is investigating accusations that some of its employees in China have been …