- The Dow, Nasdaq, and S&P 500 hit all-time highs after positive economic news raised hopes for rate cuts.
- Wholesale inflation increased in April and retail sales slumped, but consumer inflation cooled. Credit card delinquencies have surged. The White House hiked tariffs on Chinese imports.
- Amazon, Microsoft, Pfizer, and others announced big investments in France. A billionaire slashed his stake in Nvidia. Amazon Web Services and OpenAI had leadership shakeups. Berkshire Hathaway revealed Buffett’s secret stake.
- Apple Store workers voted to authorize a strike. The meme stock craze reemerged at GameStop and AMC. McDonald’s announced value meal deals as Americans eat out less. Comcast announced a streaming bundle.
- Home Depot sales weakened again. Alibaba profits declined. Walmart laid off some corporate staff and raised its earnings outlook for the year.
The Six Best Dividend Stocks to Buy With $1,500
Realizing any significant return on investment can be challenging with a small investing capital base of $1,500. Investors can purchase Energy Transfer L.P. (NYSE: ET), Vale S.A. (NYSE: VALE), and other lower-priced stocks that pay dependable dividends and start to generate positive total returns.
For $1,500 per Month in Passive Income, Invest $20,000 in These Stocks
Investing $20,000 in Abrdn Global Premier Properties Fund (NYSE: AWP), BlackRock Floating Rate Income Trust (NYSE: BGT), Eaton Vance Senior Floating-Rate Trust (NYSE: EFR), and other stocks can generate a monthly passive dividend income of $1,500.
JP Morgan Has Five Blue Chip Passive Income Stocks as Top Picks for May
Bank of America Corp. (NYSE: BAC), Coca-Cola Co. (NYSE: KO) and other top J.P. Morgan stock picks with solid total return potential and dependable dividends present a promising opportunity for investors seeking passive income.
Here’s Why Super Micro Computer Will Likely Announce a Stock Split in 2024
Shares of Super Micro Computer Inc. (NASDAQ: SMCI) have increased nearly threefold year to date thanks to its high-profile role in the AI revolution. If any company is ripe for a stock split in the coming year, this is the one.
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