- May’s jobs report was stronger than expected.
- The New York Stock Exchange canceled trades in Berkshire Hathaway made during a trading glitch. Texas eyed launching a national stock exchange.
- Bank of Canada cut interest rates, and the European Central Bank signaled cuts too. The U.S. dollar sagged to a multi-month low. OPEC extended oil production cuts.
- Intel unveiled new AI chips. Cisco launched a $1 billion AI investment fund. Nvidia’s market cap overtook Apple’s. Alphabet named a new chief financial officer. Regulators prepared antitrust probes of Microsoft, Nvidia, and OpenAI.
- Microsoft laid off 1,000 in Azure. Deere announced layoffs due to its production shift to Mexico. Job openings fell to a three-year low.
- Toyota halted production of three models after a safety test scandal, and it recalled 100,000 vehicles.
- An Amazon union sought to align with the Teamsters. Walgreens joined retailers discounting prices. Paramount and Skydance agree to merger terms. X rule changes allowed porn. Spotify hiked prices. Ticketmaster was sued after a data breach.
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Check out Realty Income Corp. (NYSE: O), Verizon Communications Inc. (NYSE: VZ), and other dividend stocks of varying yields and industries that just might be some of the best choices toward passive income for the rest of 2024.
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24/7 Wall St. analysts discuss what has happened to Nvidia Corp. (NASDAQ: NVDA) stock since the earnings report and the stock split announcement, and what that could mean for the stock, the company, and artificial intelligence going forward.
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AGNC Investment Corp. (NASDAQ: AGNC), Prospect Capital Corp. (NASDAQ: PSEC), and other stocks with yields over 10% and monthly payouts to shareholders look like solid bargains now. Investors who rely on dividends as part of a passive income stream may want to have a look.
VTI vs. VOO: Which ETF Should You Buy?
Vanguard S&P 500 ETF (NYSE: VOO) and Vanguard Total Stock Market ETF (NYSE: VTI) are popular choices with investors looking to diversify. While these exchange-traded funds may look similar, they are actually quite different.
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