Wealth Growth Daily

NEWSLETTER

Nvidia’s rally takes a break after forecasts fall short of investor expectations

BY Reuters  • August 29, 2024August 29, 2024
By Deborah Mary Sophia, Noel Randewich and Saqib Iqbal Ahmed (Reuters) -Nvidia shares dropped more than 6% on Thursday after its forecast fell short of lofty expectations, though some believe the mode[...]
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NEWSLETTER Updated

NFL allows private equity firms to invest in teams

BY Reuters  • August 28, 2024August 28, 2024
(Reuters) -The owners of the National Football League (NFL) have allowed some private equity firms to buy up to a 10% stake in a team, the NFL said on Tuesday. Firms initially approved by the NFL incl[...]
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NEWSLETTER Updated
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Musk Takes Shot at Zuckerberg

BY Ileana Wolfort  • August 25, 2024August 26, 2024
Elon Musk has criticized Instagram’s handling of child exploitation and data privacy issues in a post on X. What Happened: On Sunday, Musk took to X to express his concerns over Instagram’s alleged ch[...]
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NEWSLETTER

Top 3 Consumer Stocks That Are Set To Fly This Month

BY Ileana Wolfort  • August 23, 2024August 23, 2024
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when[...]
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NEWSLETTER

Chipmaker Analog Devices Forecast: Demand Recover

BY Reuters  • August 21, 2024August 21, 2024
(Reuters) – Analog Devices forecast fourth-quarter revenue and profit above Wall Street expectations on Wednesday, as it benefits from returning demand for its chips used in consumer electronics[...]
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NEWSLETTER

Physical Copper Buyers Take a Hit: Demand Still High?

BY Reuters  • August 19, 2024August 19, 2024
By Pratima Desai LONDON (Reuters) – Investors fleeing the copper market are likely to be sidelined for many months, leaving the field clear for physical players who expect demand in top consumer[...]
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NEWSLETTER

Factbox-Tech shares in focus as investors eye latest filings from funds

BY Reuters  • August 15, 2024August 15, 2024
By Carolina Mandl and David Randall NEW YORK (Reuters) -Tech stocks once again grabbed the attention of the world’s biggest funds in the second quarter, regulatory filings showed, as the S&P[...]
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NEWSLETTER Updated
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Snowflake Stock Is Falling Thursday: What’s Going On?

BY Ileana Wolfort  • August 15, 2024August 15, 2024
Snowflake Inc (NYSE:SNOW) shares are trading lower Thursday. Berkshire Hathaway revealed that it completely exited its Snowflake position in the second quarter and Wells Fargo downgraded the stock. Wh[...]
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NEWSLETTER

Ethereum Struggling Against Bitcoin, Solana But A Reversal May Be On The Way

BY Ileana Wolfort  • August 12, 2024August 12, 2024
Ethereum (CRYPTO: ETH) is down 15% over the past 30 days, but on-chain data and technical analysis suggests its period of underperformance may soon be over. What Happened: On-chain data provider Crypt[...]
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