US stocks and dollar strengthen on Fed and strong economic data
Strengthening stocks and the dollar: U.S. stocks rose along with the dollar, driven in part by positive U.S. economic data and expectations of an interest rate cut by the Federal Reserve (Fed).
Strong economic data: U.S. retail sales rose in August and factory output rebounded from the bottom, easing fears of an... Read more
Bajaj Housing Finance: strong debut on the stock market
- More than doubling in value: Shares of Bajaj Housing Finance more than doubled on its stock market debut, reflecting strong investor interest in the Indian real estate sector.
- IPO oversubscribed 64 times: The initial public offering (IPO) of the company was oversubscribed 64 times, raising $781 million for the company.
So far, it looks like the slump has stabilized. But I don't blame him. His fortune has skyrocketed in the last few years. I'd be getting rid of a chunk, too.
- BCA Research Recommendation: Strategists at BCA Research recommend buying the Japanese yen as the easiest way to profit from the potential bursting of the AI bubble.
- Current market situation: The S&P 500 and Nasdaq 100 indexes are approaching record levels, but U.S. technology stock prices are falling, suggesting turbulence. The... Read more
Apple teams up with Airtel to fight for Indian music and TV streaming market
- Strategic Partnership: $AAPL has partnered with Bharti Airtel, India's second largest telecom company, to gain a competitive advantage in the digital content market in India.
- Free streamingAirtel : The deal includes free music and video streaming for many of Airtel's 281 million customers, which is... Read more
I agree with the others. There are plenty of interesting stocks out there and I'd be happy to include them in my portfolio, but I'm not in it for the politics either.
Investment opportunities with high dividend yield: Ford, AT&T, Kraft Heinz
- Ford: $F Offers a nearly 6% dividend yield, supported by a strong balance sheet and a growing commercial vehicle division. An ideal choice for investors looking for steady income.
- AT&T: $TProvides a stable dividend yield of 5.7%, thanks to successful debt repayment and improved cash flow in 2024. AT... Read more
AMD strengthens its position in AI with $4.9 billion acquisition of ZT Systems
- Acquisition of ZT Systems: $AMD announced the acquisition of ZT Systems for $4.9 billion, strengthening its position in artificial intelligence and data center infrastructure.
- Competitive Advantage: This acquisition will enable $AMD to better compete with Nvidia, which dominates the AI and data... Read more
AMD is awesome and in my opinion now sells for a much better price than Nvidia. The latter may be king, but the 2s, 3s and others on the market are still pretty good. I like what they are doing.
How to build a geopolitical risk-proof portfolio? UBS recommends 3 strategies
1. Diversification: Spread your investments across different asset classes, regions and sectors to effectively manage short-term risks while increasing long-term wealth. Diversification helps minimize the impact of geopolitical shocks on your portfolio.
2. Hedge Funds: Consider investing in hedge funds... Read more
The dollar is doing pretty well right now, but I don't care that much about those currencies, so I kind of don't care😅