In the past week:
- Wall Street adjusted to a new Democratic presidential candidate. Bitcoin and gold popped in response. Big tech stocks and the Nasdaq took a hit midweek. Strong GDP data boosted the Dow Jones industrials.
- Alphabet and General Motors beat profit estimates. Ford, Tesla, and Verizon fell short. Comcast and Visa posted mixed results.
- Boeing received big orders for 787s at the UK air show. Southwest Air abandoned open seating. McDonald’s extended its $5 meal deal. Etherium ETFs began trading.
- The FDA recalled vegetables sold by Kroger, Walmart, and others. The FTC probed AI-powered “surveillance pricing.”
- Inflation cooled in June. Corporate bankruptcies were at their highest in a decade. China cut interest rates. A noted short seller was charged with fraud.
There are handfuls of AI-leveraged companies whose stocks could be the top AI performers for the rest of the year, possibly even outperforming Nvidia. See why Advanced Micro Devices Inc. (NASDAQ: AMD) could be the best of them.
Amazon.com Inc. (NASDAQ: AMZN) has been a Wall Street darling since its IPO in May 1997. The question now is where the share price goes next year and to the end of the decade.
Check out QuantumScape Corp. (NYSE: QS) and two other lower-priced tech stocks that pay dividends and that investors can buy to start generating positive returns right away.
Receive a complimentary copy of our brand-new report “2 Dividend Legends to Hold Forever,” which reveals why it takes much more than just a big payout to be considered a dividend legend.
And get a complimentary copy of our brand-new report “The Next Nvidia,” which includes three top stock picks poised to take off from the next breakthroughs in artificial intelligence.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
