Broadcom Inc. (AVGO), a prominent player in the semiconductor industry, announced a 10-for-1 forward stock split set to take effect on July 15, 2024, taking advantage of a rally in its shares this year. This decision comes on the heels of an outstanding second-quarter performance, underscoring Broadcom’s strategic positioning amid the burgeoning artificial intelligence (AI) […]
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Utilities have long carried an unfair reputation in the stock market. They’re often dismissed as slow, dull, and lacking upside — hardly the centre of exciting investment stories. But that perception misses the point. Utilities are built on predictability, regulated cash flows, and essential services, which makes them some of the most reliable businesses investors…
Markets edged higher on Thursday and touched a new record, supported by favourable global cues. Beyond strength in US markets, optimism around potential interest rate cuts and easing crude oil prices continued to support buying sentiment. “We expect the positive momentum to continue, with the Nifty gradually advancing toward the 26,500 mark. On the downside,…
In today’s Fat Tail Daily, as trade tensions ramp up between China and the US, it’ll be up to Australia and Canada to fill their critical metal void Few people in the West acknowledge how effective China’s policies have been in securing global supply chains of critical metals. As Western nations ignored investments in commodities…
Image source: Getty Images Forget the bi-weekly paycheck—real freedom comes from earning monthly, tax-free passive income generated by a diverse collection of profitable enterprises that consistently distribute dividends. This way, you earn money while you sleep. You can achieve this level of financial independence with the right exchange-traded fund (ETF), a Tax-Free Savings Account (TFSA),…
Midweek Movers: We turned in another good daily card on Wednesday, after signaling a mixed bag of bullish and bearish options ideas in our premarket report. We saw solid moves up across the board, and kept up the winning trend for what has been a very steady week of gain opportunities for us. Yesterday’s plays were the…
Japan’s Nikkei share average dropped more than 1% on Monday as tech stocks tracked their Wall Street peers lower on lingering worries over stretched valuations. The Nikkei slid 1.3% to end the day at 50,168.11, with artificial intelligence (AI)-focused startup investor SoftBank Group and chip-testing-tool maker Advantest – an Nvidia supplier – the biggest drags…