Stocks digest soft ADP print, Lululemon earnings: Yahoo Finance

Bloomberg
Ballmer Is Richer Than Gates, a First for Microsoft Billionaires
(Bloomberg) -- Steve Ballmer passed Bill Gates on Monday to become the sixth-richest person in the world, the first time the former chief executive officer of Microsoft Corp. has been wealthier than the company’s co-founder. Most Read from BloombergUS Allies Allege China Is Developing Attack Drones for RussiaChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineeHurricane Beryl Roars Toward Jamaica on Destructive PathB
Business Insider
Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says
"These funds managed to lose value for shareholders even during a generally bullish market," Morningstar analyst Amy Arnott said.
Barrons.com
Is the Stock Market Open on July 3? Here Are the Unusual Trading Hours.
The July 4 holiday falls on a Thursday this year, so the trading hours on Wednesday are a bit unusual.
The Motley Fool
Don’t Ignore These 2 Dividend-Growth Stocks With 7% Yields
These top dividend-growth stocks now offer great yields. The post Don’t Ignore These 2 Dividend-Growth Stocks With 7% Yields appeared first on The Motley Fool Canada.
The Motley Fool
3 AI Stocks That Have Turned $25,000 Into $1 Million in 15 Years
The Great Recession ended 15 years ago. Buying these stocks back then would have been a brilliant move. The post 3 AI Stocks That Have Turned $25,000 Into $1 Million in 15 Years appeared first on The Motley Fool Canada.
Simply Wall St.
Top Three Dividend Stocks For July 2024
As global markets navigate through a period of subtle shifts and key economic updates, investors are closely monitoring the landscape for opportunities that align with both growth and stability. In this context, dividend stocks often come into focus as they can offer potential income alongside capital appreciation, making them appealing during times of market uncertainty and economic recalibration.
Barrons.com
Nvidia Stock Breaks Losing Streak. What’s Worrying the Market.
The launch of Nvidia's Blackwell chips will test the ability of its suppliers and customers to deal with the infrastructure challenges associated with even more powerful chips.
Yahoo Finance Canada
Aecon Group stock falls 18%; analyst warns of 'cash flow drag' into 2025
The long-delayed Coastal GasLink project has been subject to repeated cost overruns.
GOBankingRates
5 Best Index Funds To Own for Life, According To TikToker Humphrey Yang
Financial guru and TikToker Humphrey Yang recently shared in a YouTube video a few index funds you can invest in which will help grow your wealth over time.
Associated Press
Struggling with falling demand for farm equipment, Deere & Co. announces nearly 600 layoffs
Deere & Co. is laying off nearly 600 workers as the farm equipment manufacturer deals with declining demand. Deere confirmed Monday that the production positions being cut are concentrated at two factories in Iowa and one at its home base in Moline, Illinois, where 280 employees will be laid off effective Aug. 30. A combined 310 workers will be let go at the Iowa locations.
Yahoo Finance Video
Nvidia is the best way to play AI for the 'next 10 years'
Nvidia (NVDA) shares are falling back today following the chipmaker's recent market high. Rosenblatt Securities senior research analyst Hans Mosesmann joins Market Domination to explain why he is not worried about the stock's bumpy previous weeks. Mosesmann has issued the highest price target for Nvidia on Wall Street. Mosesmann has a long-term view, explaining that the sale pressure is negligible when one considers that Nvidia is going to be the "best way to play AI for the next 10 years." He adds that Nvidia is not just a semiconductor company anymore but a platform that is "all things AI." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy
GOBankingRates
I’m a Financial Advisor: Here’s How Often You Should Check Your Retirement Account Balance
The best investor is one who's informed, but obsessing over your retirement fund's performance can stress you out and trigger the kind of emotional and counterproductive decision-making that can...
Bloomberg
Hindenburg Made Just $4 Million From $153 Billion Adani Rout
(Bloomberg) -- It was one of the most impactful short-seller reports ever: Hindenburg Research’s 2023 broadside against the Adani Group erased as much as $153 billion of market value.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineePowerful Hurricane Beryl Aims at Jamaica After Grenada StrikeTrump Immunity Ruling Means Any Trial Before Election Unlikely‘Upflation’ Is the New Retail Trend Driving Up Prices for US ConsumersBonds Get Respite Amid Powell’s Disinf
Bloomberg
Tesla Beats Estimates With Less-Drastic Drop in EV Sales
(Bloomberg) -- Tesla Inc.’s second consecutive drop in quarterly deliveries wasn’t as steep as analysts were predicting, sending the EV maker’s shares soaring as much as 10%.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineePowerful Storm Beryl Aims at Jamaica After Grenada StrikeUS Allies Allege China Is Developing Attack Drones for RussiaS&P 500 Closes Above 5,500 in Record-Breaking Run: Markets WrapBiden Plummets in Leaked Democratic Polling Memo, Puck Says
Barrons.com
Why It Could Be a Cruel Summer for the Stock Market
THE TRADER The stock market has been hitting new highs, but most stocks are struggling. Even news that would usually move them isn’t doing the trick, a sign that equities won’t be an exciting place to invest in a while.
The Canadian Press
Under pressure on plane safety, Boeing is buying stressed supplier Spirit for $4.7 billion
ARLINGTON, Va. (AP) — Boeing announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion, a move that it says will improve plane quality and safety amid increasing scrutiny by Congress, airlines and the Department of Justice.
CNN Business
The short seller that took on Gautam Adani made surprisingly little money
When Hindenburg Research published a report into Gautam Adani’s sprawling business empire in January 2023, accusing Asia’s then richest man of fraud going back decades, the impact was immediate and explosive: about $100 billion was wiped off the value of his companies.
CNN Business
Investors just got an inflation wakeup call. Will they answer?
Over the past year, investors have been very vocal in their desire for the Federal Reserve to cut interest rates while central bank officials have been vocal about keeping them higher-for-longer.
Business Insider
Elon Musk got his big payday. But Salesforce's Marc Benioff might not be so lucky.
Shareholders' vote against a plan for an independent board chair leaves Benioff in the seat. The compensation vote is not binding.
Reuters
Polestar posts loss, plans steps to offset tariffs on China-made EVs
STOCKHOLM (Reuters) -Electric vehicle (EV) maker Polestar said it will have to take steps to offset hefty EU and U.S. import tariffs on its Chinese-made electric cars as it posted a first-quarter operating loss on Tuesday. The Swedish company, controlled by China's Geely, makes all its EVs in China, but its new model, the Polestar 3, will be made in the United States from the end of this summer and its Polestar 4 in South Korea from the second half of next year. Until then, it will incur provisional tariffs of 20% for the cars it brings into the European Union under a proposal by the European Commission and more than 100% for the United States.

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Stocks digest soft ADP print, Lululemon earnings: Yahoo Finance

Latest Stories

Ballmer Is Richer Than Gates, a First for Microsoft Billionaires

Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says

Is the Stock Market Open on July 3? Here Are the Unusual Trading Hours.

Don’t Ignore These 2 Dividend-Growth Stocks With 7% Yields

3 AI Stocks That Have Turned $25,000 Into $1 Million in 15 Years

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Nvidia Stock Breaks Losing Streak. What’s Worrying the Market.

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Struggling with falling demand for farm equipment, Deere & Co. announces nearly 600 layoffs

Nvidia is the best way to play AI for the 'next 10 years'

I’m a Financial Advisor: Here’s How Often You Should Check Your Retirement Account Balance

Hindenburg Made Just $4 Million From $153 Billion Adani Rout

Tesla Beats Estimates With Less-Drastic Drop in EV Sales

Why It Could Be a Cruel Summer for the Stock Market

Under pressure on plane safety, Boeing is buying stressed supplier Spirit for $4.7 billion

The short seller that took on Gautam Adani made surprisingly little money

Investors just got an inflation wakeup call. Will they answer?

Elon Musk got his big payday. But Salesforce's Marc Benioff might not be so lucky.

Polestar posts loss, plans steps to offset tariffs on China-made EVs