Michael M. Santiago Walgreens (NASDAQ:WBA) formerly the premier retail drug store operator from the last 20 years of the 20th century (i.e. 1980s and 1990s) reports their fiscal Q1 ’24 financial results before the opening bell on Thursday, January 4th, 2024. Analyst consensus is expecting $0.63-0.64 per share in EPS, while revenue and operating income…
The Crypto Sector Index Series will include several indices tracking the prices of a bucket of different digital assets based on their use cases. The world’s largest digital assets manager Grayscale Investments continues to take steps in order to expand its footprint in the market. Also, the latest report shows that Grayscale is venturing into…
DNY59 We previously covered Citigroup Inc. (NYSE:C) in July 2023, discussing its bright prospects thanks to TTS’ role as a crown jewel of the bank’s global network, potentially boosting its valuation moving forward. We had ended the article with a Buy rating then, attributed to its expanded forward dividend yields, thanks to its depressed stock…
The two chipmaking giants will work on building AI factories for electric vehicles where Nvidia plans to use its own chips and software for the development. Two chip-making giants – Foxconn and Nvidia Corp (NASDAQ: NVDA) – have finally come together to build “AI factories” and data centers for a range of applications including self-driving…
Khosrork This article was coproduced with Leo Nelissen. REITs are fascinating – for many reasons. If you’re reading this, odds are you agree with me. There are many good reasons to have REIT exposure in a dividend (growth) portfolio. REITs typically have relatively straightforward business models that offer high yields and historically competitive long-term returns….
Deagreez Welcome to the great ratepocalypse of 2023. Daily Shot In over 20 years, we’ve never had a quarter where long-term rates rose faster than in Q3. As a result, utilities have been hammered, experiencing their 4th worst bear market in the last quarter century. Ycharts In fact, on Monday, October 2nd the entire utility…
olm26250 Introduction Markets are in turmoil. While the S&P 500 is still holding up well, real carnage has taken place in defensive sectors. Looking at the data below, we see that utilities, real estate, and consumer defensive stocks were among the biggest losers of the past three months. Utilities fell more than 15%, making it…
Deagreez In a recent article, I updated my family’s target portfolio plan for our $2.5 million family charity hedge fund. At the moment, I wouldn’t buy Schwab U.S. Large-Cap Growth ETF™ (SCHG) because big tech is still overvalued (by 13% historically). I replaced Vanguard Dividend Appreciation Index Fund ETF Shares (NYSEARCA:VIG) with Schwab U.S. Dividend…
Nvidia will provide Jio with extensive AI supercomputer solutions while Reliance’s Jio Platforms will oversee the AI cloud infrastructure’s management. In a major development on Friday, September 8, Reliance Industries’s Jio Platforms joined hands with GPU giant Nvidia to build large language models on AI. In the announcement, the company said that this AI model…
Sean Gallup For over a year, Shopify (NYSE:SHOP) faced a big competitive threat from Amazon as the rival rolled out its ‘Buy with Prime’ program. Amazon has essentially been striving to monetize merchants from rival platforms by extending its seller services like Prime fulfilment and Amazon Pay, as well as access to Amazon’s loyal customer…
As part of its CBDC Partner Program, Mastercard has joined hands with prominent CBDC leaders and payment giants to work along with the central banks to bring CBDCs to the market under a regulatory framework. On Thursday, August 17, global payments giant Mastercard disclosed its CBDC partner program while naming initial partners as Ripple and…