In recent months, utility stocks have experienced a significant rally, outperforming other sectors in the S & P 500. This upward trend has caught the attention of investment experts, such as Goldman Sachs, who see utility stocks as a favorable option for investors looking to capitalize on the artificial intelligence trend and protect their portfolios
Bank of America recently highlighted Nvidia as one of the top stocks with potential for further gains. The artificial intelligence darling has already seen its shares more than double in 2024, but analysts believe there is still room for growth. With a turnkey system design and a strong foothold in the AI accelerator market, Nvidia
As the markets approach the official start of summer, bitcoin may not see the same levels of growth that were experienced in the previous month. While the flagship cryptocurrency saw a significant 13% jump in May, marking its eighth monthly gain in the past nine months, there are concerns that June may not be as
The Russian government recently made changes to the mandatory sales of foreign currency for exporters if more than half of the value of their contracts is paid in roubles. This decision was made in an effort to prop up the rouble, which was under pressure from capital outflows and limited foreign currency supply. President Vladimir
In the bustling world of cryptocurrency, new projects are constantly emerging, each vying for the attention of investors and enthusiasts. One such project that has made waves recently is Penguiana, a penguin-themed meme coin built on the Solana blockchain. With a fully diluted valuation of $4 million and a market cap exceeding $2.5 million, Penguiana
Maryland recently faced a setback as Moody’s changed its outlook on the state’s credit rating to negative from stable. This decision was primarily driven by the depletion of the state’s general fund surplus, which raised concerns about future structural imbalances. Despite affirming the state’s issuer and general obligation bond ratings at Aaa, Moody’s pointed out
The ongoing battle between Exxon Mobil and Chevron over lucrative offshore oil assets in Guyana has become a focal point in the energy sector. As the two U.S. oil majors compete for dominance in this particular area, the outcome of this feud could have significant implications for the stock performance of both companies. Kevin Holt,
Oregon economists recently released their June forecast, predicting a 50-50 chance that residents of the state will receive a kicker tax credit in 2026. This credit is triggered when personal income taxes come in at least 2% higher than initial forecasts. The quarterly Oregon Economic and Revenue Forecast reported that collections on April personal income
In the midst of recent market sell-offs, the S & P 500, Nasdaq Composite, and the Dow Jones Industrial Average have all been facing losses. This break in the winning streak represents a significant shift in the market landscape. Despite this downturn, there are opportunities for investors to take advantage of potential rebounds and gain
In a recent announcement, the Food and Drug Administration granted approval for Moderna’s vaccine for respiratory syncytial virus (RSV) for adults aged 60 and older. This marks a significant milestone for Moderna, as it diversifies its product portfolio beyond its Covid jab, which has seen a decrease in demand. The decision to approve Moderna’s RSV