Broadcom Aims for 60% AI Growth
Broadcom may struggle to top its already ambitious forecast of 60% AI revenue growth next year, but Melius Research analysts say any dip after earnings could be a buying opportunity — calling the company “in rarified air.” Recent results from Nvidia and Marvell showed just how high Wall Street’s expectations are for AI leaders, with […]
Gold vs. Markets: The Hedge You Can’t Ignore
Gold deserves up to a 9% slice of a portfolio — precisely because it doesn’t zig when stocks and bonds zag. As September kicks off, markets look shaky: gold is at record highs while bond yields in the U.S., U.K., and France climb amid political uncertainty. A recent note from hedge fund DE Shaw digs […]
Market Set for ‘Rational Exuberance’ Before Bubble Risk
Evercore’s Emanuel: The Tech-Fueled Bull Market Still Has Legs When investors compare today’s market rally to the late 1990s, it’s often a warning of bubbles and cautionary tales. But Julian Emanuel, chief equity and quantitative strategist at Evercore ISI, sees it differently. In a Sunday note, Emanuel described a “technological revolution lifting stocks, multiples, and […]
Ed Yardeni: The Wealth Effect Is Supercharging Growth
The stock market’s wealth effect is set to fuel even stronger growth, says Ed Yardeni. The S&P 500 just logged its 20th record close of the year, while investors shrugged off Nvidia’s latest results, closing out a supportive earnings season. Another tailwind is policy expectations: futures now assign an 85% chance that the Federal Reserve […]
Nvidia Stock Dips Despite Record Earnings
Nvidia’s stock slid more than 5% in after-hours trading on Thursday after the chipmaker flagged challenges in China, even as it posted strong quarterly earnings. Shares of the US semiconductor giant closed flat at US$181.60 but dropped to US$172.45 in extended trade. Revenue for the quarter ended July 27 jumped 56% year-on-year to US$46.7 billion, […]
Stock Futures Flat Ahead of Nvidia’s Big Reveal
US stock futures hovered near flat on Wednesday as investors braced for Nvidia’s (NVDA) much-anticipated earnings, viewed as a critical test of the tech-fueled summer rally. Contracts tied to the Dow Jones Industrial Average (YM=F), S&P 500 (ES=F), and Nasdaq 100 (NQ=F) drifted sideways after modest Wall Street gains the previous session. All eyes are […]
