The Ratings Game Ride the Nvidia Wave Wall Street Says the Undeniably Pricey Stock Can Keep Roaring
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Nvidia and AMD stand out on this new list of Wall Street’s 20 favorite stocks
Nvidia remains on the list, but its ranking has fallen as its share price has soared.MarketWatch - Business -
Top Wall Street analysts pick these 3 dividend stocks for higher returns
TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Cisco Systems and Goldman Sachs.CNBC - Business -
Macro forecasting for stocks can damage a portfolio, says Oaktree’s Howard Marks
Investors who wish to make above market average returns should not rely on macro forecasting because “it can be worse than neutral” and “damaging in its effect” to portfolios, according to Howard Marks.MarketWatch - Business -
Heard on the Street's Stock-Picking Contest
Read about our columnists’ favorite and least-favorite stocks and see how they have performed.The Wall Street Journal - World -
Martin Wygod, a Winner on Wall Street and the Racetrack, Dies at 84
After he made a fortune selling prescription drugs and providing medical information online, he and his wife became leading breeders of thoroughbred horses.The New York Times - Business -
Move Aside, Big Banks: Giant Funds Now Rule Wall Street
Asset managers are growing into huge and complex financial supermarkets that mint billionaires by the dozen.The Wall Street Journal - World -
Nvidia’s sharp stock selloff sparks this analyst’s call to buy the dip
Following the worst daily drop for Nvidia shares in over four years, one analyst advises that investors buy the dip.MarketWatch - Business -
NBA picks, best bets for playoffs: Mavericks have Game 1 edge vs. Clippers, why Heat can keep it close
Elsewhere, expect the Pacers to hold firm against the BucksCBS Sports - Sports - NBA -
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Record Store Day celebrates independent retail music sellers who have endured long after megastores like Tower Records closedABC News - Entertainment -
Could interest rate hikes be keeping inflation high?
The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates are at bringing down price increases – and if they could be fueling the problem. Standard economic thinking says that higher interest rates ...The Hill - Politics -
Netflix's password-sharing crackdown is paying off as profits beat Wall Street's forecast
Netflix on Thursday released its first-quarter earnings, which topped analyst estimates in terms of subscriber additions and profit.Los Angeles Times - Entertainment - Netflix -
Tesla shares slide to 15-month low ahead of earnings, as Wall Street frets over price cuts, layoffs
Tesla's stock dropped for a seventh straight day on Monday, ahead of a highly anticipated earnings report from the electric vehicle company.CNBC - Business - Tesla -
General Motors raises 2024 guidance after big first-quarter earnings beat
GM's North American operations, driven by truck sales, were largely responsible for the company's first-quarter beat and guidance raise, the automaker said.CNBC - Business -
Wall Street is looking to Tesla's earnings for clues to Musk's plan to restore company's wild growth
Faced with falling global sales and a tumbling stock price, Tesla has slashed prices again on some of its electric vehicles and its “Full Self Driving” systemABC News - Tech -
Tesla's Earnings Have Wall Street Seeking Clues to Musk's Plan to Restore EV Maker's Wild Growth
Sales are falling. Layoffs are happening. Self-driving needs a hand (or two). Analysts want to know how the company gets back on the road to growth and will watch Tuesday's earnings closely.Inc. - Business -
Don’t overweight the megacap tech giants like Nvidia and Apple, says UBS
UBS cut its rating on what it calls the Big Six — that’s the Magnificent Seven minus struggling Tesla — to neutral from overweight.MarketWatch - Business -
Hope Hostel in Rwanda says it's ready for first migrants from UK
Rwanda is gearing up to welcome deported asylum seekers now the landmark UK bill has passed.BBC News - Top stories - United Kingdom -
Rwanda says it's ready for first wave of migrants from UK
Yahoo News - World - United Kingdom -
Can touchless tech create 'equitable' gaming?
Click reporter Paul Carter has a go at playing Minecraft with his eyes.BBC News - Top stories -
Giant investment firms are pushing into new business areas, blurring the lines that define who does what on Wall Street and nudging once-dominant banks toward the sidelines.
Giant investment firms are pushing into new business areas, blurring the lines that define who does what on Wall Street and nudging once-dominant banks toward the sidelines.The Wall Street Journal - World -
Mark Zuckerberg Says AIs Can Train Themselves
To skirt the challenges of finding fresh data sets, or the legal woes that could come from scraping it from users risking IP rights infringements, the Facebook founderthinks AIs could train themselves. That may get tricky.Inc. - Business -
What will it take to get tech stocks rising again? An unemployment rate above 4%
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Jim Cramer looks at what Disney CEO Bob Iger is doing well and what he needs to work on post-Peltz
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Europe is the fastest-warming continent, at nearly twice the average rate, report says
Europe is the fastest-warming continent and its temperatures are rising at roughly twice the global average, two top climate monitoring organizations reported.NBC News - Top stories -
Khanna says Speaker Johnson 'deserves to keep his job'
Rep. Ro Khanna (D-Calif.) defended Speaker Mike Johnson (R-La.) on Sunday, saying he “deserves to keep his job” as he faces down a threat to remove him after backing aid for Ukraine and Israel. Rep. Marjorie Taylor Greene (R-Ga.) leads a group of ...The Hill - Politics -
‘This country is what the world would like to be’: can Costa Rica’s environment minister keep the country’s green reputation intact?
Though touted as a model of environmental preservation, the country has recently signalled a shift from phasing out fossil fuels to boosting the economy. Franz Tattenbach on the tension between green credentials and growth. “This country is what ...The Guardian - World -
You Can Clamp Your Phone Into Razer’s Fancy New Game Controller
Plus: GMC has a new great big electric pickup, Meta adds instant AI image generation to WhatsApp, and everyone’s talking about the new audio app Airchat.Wired - Tech -
'You can never lose hope,' Zelenskyy says as war in Ukraine continues
Ukrainian President Volodymyr Zelenskyy exclusively joins Meet the Press and explains why he doesn't "lose hope" despite the injuries and lives lost during the war with Russia.NBC News - Politics - Ukraine -
Ukrainians’ ‘motivation’ to fight ‘can go down’ with equipment shortages, Zelenskyy says
Ukrainian President Volodymyr Zelenskyy exclusively joins Meet the Press and addresses the lack of morale in the war against Russia.NBC News - Politics - Ukraine -
Can a Brewery Make Good Wine? These Beer Makers Say Yes.
In an effort to reach an increasingly diverse customer base, brewers are turning over some of their equipment to producing wine.The New York Times - Business -
Seeking rebound, Sixers say board game is key
While the 76ers could point to a number of reasons they fell short in Game 1 against the Knicks, rebounding was the main area of concern ahead of Monday's Game 2.ESPN - Sports -
The Supreme Court will hear arguments on how far municipalities can go in prohibiting camping on public property, laws that police employ to clear homeless people from parks and streets.
The Supreme Court will hear arguments on how far municipalities can go in prohibiting camping on public property, laws that police employ to clear homeless people from parks and streets.The Wall Street Journal - World -
I’ve $5.2 million in the stock market and I’m in my 40s. How much can I afford to spend so I can enjoy the rest of my life?
“I didn’t intend to retire under 50, but it sort of worked out.”MarketWatch - Business -
Europe is the fastest-warming continent, at nearly twice the average global rate, report says
Averages show Europe is running 2.3 degrees Celsius above pre-industrial levels.ABC News - World -
ECB Will Consider Fed's Progress When Deciding on Rate Cuts, De Guindos Says
The ECB will take account of the Fed’s progress in lowering inflation when it decides the pace of cuts to its key interest rate after a first move in June, its vice president said in an interview.The Wall Street Journal - World -
BOE Chief Economist Pill Says Key Rate Cut Is Some Way Off
A first cut in the Bank of England’s key interest rate remains some way off, its chief economist said.The Wall Street Journal - World -
Market veteran Howard Marks says Fed is 'not going back' to ultra-low rates
That means credit can provide a "very solid foundation" to an investment portfolio, the Oaktree Capital Management co-founder told CNBC.CNBC - Business - Federal Reserve -
UK inflation could stay near 2% target for three years, says BoE rate-setter
Dave Ramsden’s comments suggest he does not need much more evidence of price growth falling before backing rate cutsFinancial Times - Business - United Kingdom -
A Wild Ride From ‘Dilettante’ to Director
Theda Hammel wasn’t always sure her varied résumé would include “Stress Positions,” her directorial debut.The New York Times - Lifestyle -
The 1924 Paris Olympics saved the Games. Can this year’s event repeat that success? | David Goldblatt
Faced with competition from rival sporting events, the future of the Games hung in the balance. A century on, new hurdles are looming. Paris 1924 was the sixth and last Olympics presided over by Baron de Coubertin, the modern movement’s founder. ...The Guardian - World