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
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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
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
The Municipal Bond market experienced a surge in issuance in May, surpassing $40 billion for the first time since 2016. The current volume of $43.957 billion in 866 issues represents a significant increase of 46.9% from the previous year. This surge in issuance can be attributed to several factors, including Federal Reserve policy uncertainty, pent-up
Investors have been riding high on the semiconductor sector in recent years, enjoying substantial returns on their investments. However, there are signs that a downturn may be on the horizon. With Nvidia (NVDA) showing signs of potential profit-taking after its post-earnings surge, it might be time for investors to consider hedging against further downside in
Baird recently initiated UnitedHealth as outperform, citing the health insurance company as a favorite idea at the firm. The firm views UnitedHealth Group as the most vertically and horizontally integrated Managed Care company, with a $597 price target indicating a potential 20% upside. Evercore ISI upgraded Okta to outperform from in line after the identity
Wave Digital Assets, a digital asset-focused investment adviser based in Los Angeles, California, recently announced the launch of a new yield vehicle focused on the Polygon network. This initiative comes with an initial $30 million investment and aims to support protocols and teams on the Polygon zkEVM blockchain. The move is set to facilitate liquidity