Broadcom stock nears key price; could hit $1 trillion valuation soon
Broadcom (AVGO) stock price is firing on all cylinders as the company matches towards a $1 trillion market cap. It has risen by over 61% this year, pushing its market…
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Rio Tinto to acquire US lithium producer Arcadium in a $6.7 billion deal
Rio Tinto, the world’s second-largest miner, has announced its acquisition of US-based Arcadium Lithium for $6.7 billion. The all-cash transaction values Arcadium at $5.85 per share, reflecting a 90% premium…
China stock surge stumbles as investors unimpressed by economic stimulus
After a strong start, with shares surging over 10% following the Golden Week holiday, Chinese stocks reversed course as the much-anticipated news conference failed to deliver substantial details about boosting…
Here’s why I’d avoid the DGRO ETF and buy VOO instead
The iShares Core Dividend Growth ETF (DGRO) has done well since its inception in 2014. It has risen from its initial price of $19.45 to the current $62.50, or a…
Sensex, Nifty50 rise 0.6% as China markets rally; Tata Motors and metal stocks drop, while M&M and Bharat Electronics gain
Indian equity benchmarks were slightly higher on Tuesday, tracking gains in Chinese stocks. At the time of writing, the BSE Sensex was up 0.6% at 81,502.37, while Nifty50 was also…
Is the bearish trend in SMCI stock over?
Yesterday, Super Micro Computer (NASDAQ: SMCI) saw its stock climb 15.8% after the company disclosed that it had deployed over 100,000 GPUs equipped with its liquid cooling solution for AI…
FTC antitrust case against Amazon progresses as court reviews pricing allegations
Amazon’s legal challenge with the US Federal Trade Commission (FTC) over anti-competitive practices will move forward, but the court has dismissed several claims brought by individual states. US District Judge…
Sensex, Nifty50 Rally at opening bell on strong global cues; ITC and NBCC surge, Titan and ONGC decline
Indian benchmark equity indices opened in the green on Monday on positive cues from the Asian markets. At the opening bell on Monday, the BSE Sensex was by 412 points,…
One year of Israel-Gaza war: how much has US spent on military aid to Israel?
The US has allocated a record-breaking $17.9 billion in military aid to Israel over the past year, following the escalation of violence in Gaza, which started on October 7, 2023.…
BP shifts gears, scales back renewables to regain investor trust: report
BP has scrapped its commitment to cut oil and gas production as CEO Murray Auchincloss shifts the focus back to traditional energy sources in response to investor demands for improved…