(Bloomberg) – International Business Machines Corp. is set to strike a deal to buy software company Apptio for about $5 billion, as part of a deeper push into automation technology, The Wall Street Journal reported. Bloomberg’s Most Read The two sides are in advanced talks and an agreement could be reached by the weekend, the … Read more
Apple CEO Tim Cook stands next to the new Apple Vision Pro headphones during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California.Justin Sullivan/Getty Images According to Fairlead Strategies, Apple stock could see big upside after confirming its break above the previous high of $183. Shares could jump 37% from current levels … Read more
Tom Lee.Brendan McDermid/Reuters According to Fundstrat, a slight decline in the stock market over the past week represents another opportunity to “buy the dip” for investors. Fundstrat pointed to the market awakening from IPOs, a growing pile of cash set aside and a booming economy as reasons why investors should buy. “It looks more and … Read more
Offshore oil drillers were just about the worst place to be in 2020 as oil prices plummeted and demand for crude seemed to be collapsing. Now, these may be the stocks to hold, as investors realize that oil will be needed to keep the world going for decades. Make no mistake, this has been a … Read more
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. X The stock market rally retreated last week, with a long-awaited pullback taking hold. The selling has been orderly for the Nasdaq and S&P 500. Nvidia (NVDA), Apple (AAPL) and Meta Platforms (META) held their ground or marched higher, while Google … Read more
Artificial intelligence (AI) and semiconductor chips have captured the collective imagination of investors – and for good reason. Together they drive the technology of the future. Semiconductor chips are ubiquitous in the digital age, and AI has begun in recent months to transform the way we communicate with our machines. The convergence of these two … Read more
At a time when fears of a global recession have sent world oil prices plummeting to pre-war levels in Ukraine, Middle Eastern oil prices have soared on rising demand from Asian refiners in China. to Japan, as the market takes stock of significant trade from the biggest names in the industry this month. According to … Read more
The big rally in AI stocks may finally be taking a breather, but the steady pace of AI news continues. Shares in software companies C3.ai (IA) and Palantize (PLTR), two of the hottest AI stocks in 2023, have been trading since June 16. X AI stock fell after a C3.ai investor day on Thursday as … Read more
Stocks that pay monthly dividends are beneficial to income investors because they provide regular, ongoing dividend payments each month that can be used for recurring expenses. Temporary stock price swings aren’t as important as stable income for these investors, but it’s a bonus when stock prices rise due to good earnings, dividend hikes, equity upgrades. … Read more
