Nvidia experienced a significant drop on Tuesday, losing a staggering $279 billion in market value in a single day. This marked the fifth time the stock has experienced such a massive loss. The stock plummeted by 9.5% and is now down by 23.3% since June 20. Despite this, Nvidia has managed to maintain a positive
Investing
When it comes to investing in dividend stocks, one of the first companies that come to mind is EPR Properties (EPR). This real estate investment trust is focused on experiential properties like movie theaters, amusement parks, eat-and-play centers, and ski resorts. EPR offers an attractive dividend yield of 7.3%, making it a lucrative option for
The tech earnings parade continued with Marvell Technology reporting better-than-expected revenue in the latest quarter, leading to an 8% surge in after-hours trading. Despite this positive news, Marvell is still down 18% from its March high, reflecting the volatility in the tech sector. The VanEck Semiconductor ETF (SMH) is also experiencing fluctuations, currently sitting 16%
Celebrating his 94th birthday, Warren Buffet leads Berkshire Hathaway like no other. The company recently hit a market capitalization of over $1 trillion, a milestone that no other nontechnology company had achieved. Buffet’s friend and investor, Howard Marks, attributes Buffet’s success to a combination of strategic vision, discipline, consistency, and unrivaled insight. Buffet’s success story
The stock market can be a volatile and unpredictable environment, with daily fluctuations and reactions to news and earnings reports. Recently, Nvidia’s shares experienced a significant decline, causing a dip in the S&P 500 index. Despite beating Wall Street estimates for profit and revenue, Nvidia faced challenges impressing investors as their results became more narrow.
As the market continues to fluctuate, it is crucial for investors to stay informed and keep an eye on potential opportunities. Stocks @ Night provides a daily newsletter that offers insights into the market after hours, offering a glimpse into the future and a recap of the day’s events. This newsletter is a valuable resource
When analyzing the current stock trends in the retail industry, it is evident that there have been mixed performances. While Target and TJX experienced significant boosts in their stock prices, with TJX seeing a 6% increase and Target skyrocketing by 11%, Macy’s faced a downturn of nearly 13% during Wednesday’s session. This indicates a shift
The Inflation Reduction Act has ignited a manufacturing boom across the United States, leading to the mobilization of tens of billions of dollars of investment, particularly in rural communities that are in dire need of economic development. This surge in investment has been a significant driving force behind the economic growth in these areas and
In the realm of fast-casual dining, Portillo’s has long been a beloved institution, known for its iconic Chicago-style hot dogs, Italian beef sandwiches, and chocolate cake shakes. However, despite its strong brand recognition and loyal customer base, the company has faced challenges in recent years that have hindered its growth potential. With a stock chart
Sports betting has seen a surge in popularity since the lifting of the federal ban in 2018, with 38 states legalizing it and reaping substantial revenue. However, a recent paper titled “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households” highlights the detrimental effects on financially distressed individuals. The study found that participants in online