JEPQ ETF stock just hit a record high and yields 10%: Is it a good buy?

The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) surged to a record high in May as technology stocks soared, and has climbed over 14% from its lowest point this year. The rally has coincided with steady inflows as investors chase its high yield. So is it a good ETF to buy today? JEPQ ETF inflows… Continue reading JEPQ ETF stock just hit a record high and yields 10%: Is it a good buy?

Dow futures rise 200 points: 5 things to know before market opens

US stock index futures edged higher on Monday as fresh artificial intelligence updates from Nvidia and Microsoft lifted technology sentiment, helping investors look past oil-price gains and continued uncertainty around US-Iran tensions. Nvidia rose in premarket trading after unveiling a new chip designed to bring AI capabilities to laptops and desktops, while Microsoft also gained… Continue reading Dow futures rise 200 points: 5 things to know before market opens

Why Berkshire Hathaway is spending $6.8B on a struggling homebuilder

Berkshire Hathaway is making a $6.8 billion cash bet on US housing at a moment when much of the sector looks stuck in reverse. The move is Greg Abel’s first major acquisition as Berkshire’s chief executive, and it comes with an obvious tension. Mortgage rates are near yearly highs, new residential construction has weakened, and… Continue reading Why Berkshire Hathaway is spending $6.8B on a struggling homebuilder

What does Nvidia’s laptop chip mean for Intel, AMD and Qualcomm?

Nvidia (NASDAQ: NVDA) used Computex week in Taipei to make its boldest move yet into the personal computer market, unveiling a laptop chip that puts the AI chip leader directly inside the Windows machine. The RTX Spark superchip marks a shift that goes beyond graphics cards. It combines a 20-core Arm-based central processor with a… Continue reading What does Nvidia’s laptop chip mean for Intel, AMD and Qualcomm?

Big Tech taps global bond markets as AI infrastructure costs surge

US technology giants are reshaping global corporate bond markets as they borrow beyond the dollar to fund a costly race to build artificial intelligence infrastructure. Alphabet and Amazon have led a surge in multi-currency issuance across Europe, Japan, Switzerland, Canada and the UK, as the companies seek funding for data centres, cloud capacity and AI-related… Continue reading Big Tech taps global bond markets as AI infrastructure costs surge

European markets edge down as geopolitical risks weigh

European shares opened lower on Monday as escalating tensions in the Middle East weighed on investor sentiment, while markets also reacted to corporate developments involving British airline easyJet and Amsterdam-listed Universal Music Group. The pan-European STOXX 600 index was down 0.1% at 0709 GMT, extending the subdued mood seen at the end of the previous… Continue reading European markets edge down as geopolitical risks weigh

Bernstein targets Nifty at 26,000; backs healthcare, real estate, industrials

Brokerage firm Bernstein has retained its “Neutral” stance on Indian equities and maintained its year-end Nifty 50 target of 26,000, implying an upside of around 10% from Friday’s closing levels. However, the brokerage cautioned that a combination of weak macroeconomic conditions, earnings downgrades and a revival in equity issuance activity could limit gains even if… Continue reading Bernstein targets Nifty at 26,000; backs healthcare, real estate, industrials

Goldman lifts European stocks outlook despite Middle East conflict

Goldman Sachs has raised its 12-month target for the STOXX 600 index to 660, citing resilient corporate earnings growth and continued support from artificial intelligence-related investments despite the ongoing conflict in the Middle East. The pan-European benchmark index has remained close to record highs and gained 2.5% in May. However, escalating tensions in the Middle… Continue reading Goldman lifts European stocks outlook despite Middle East conflict