Nvidia stock did an about-face on Thursday, dipping 3.5% into the red and closing just below Microsoft on the list of largest companies by market cap. Nvidia started out with gains, on track to cement its lofty position. The chip maker had passed Microsoft and Apple in terms of market value on Tuesday, closing up 3.5%.
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With so much excitement around artificial intelligence, this year’s stock market story has been all about technology. But not every tech fund has tech in the name.
HANOI, Vietnam (AP) — Vietnamese automaker VinFast, for a short time the third-most valuable car company in the world, has a big problem: It just can’t sell enough cars.
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The chip giant briefly became the world's most valuable company last week, but investors will worry its rally driven by the AI frenzy may soon end.
Guggenheim analyst Ronald Jewsikow started coverage of shares of electric-vehicle maker Rivian with a Buy rating and $18 price target.
Still, it expects the central bank to pick up the pace of rate cutting in 2025, with the benchmark rate reaching 2.75% by the end of next year.
Amidst a landscape where the Canadian market shows resilience with steady economic growth and rising stock values, consumer sentiment remains tepid, reflecting a complex interplay of economic factors. In such an environment, identifying stocks that are potentially undervalued becomes particularly compelling as they may offer opportunities for investors seeking value in a market where broader indices have been performing robustly.
BCE's dividend yield is high but beware of a dividend yield trap. The post Is BCE Stock a Smart Buy Now for Dividends? appeared first on The Motley Fool Canada.
A new report from CIBC shows how some Canadians are managing to buy their first homes. It turns out they're not paying for all of it themselves. Nathaniel Dove looks at where the money is coming from and how much people are getting.
BlackBerry Ltd.'s chief executive says the company's preparations to divide up its business have so far produced millions in savings and put the business on a path to profitability.
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The success of single-stock ETFs that track Nvidia has yet to spill over to other leveraged ETFs that track mega-cap technology stocks.
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