- Inflation in January was hotter than expected, especially housing and food, and retail sales were sluggish, prompting a cut to the first-quarter GDP forecast.
- The United Kingdom and Japan are in recession. Germany overtook the latter as the world’s third-largest economy.
- Diamondback Energy to buy Endeavor Energy for $26 billion.
- Jeff Bezos unloaded $4 billion in Amazon shares.
- Nvidia overtook Amazon and Alphabet in market value.
- Carl Icahn disclosed a nearly 10% stake in JetBlue.
- Flight attendants and ride-share drivers went on strike.
- Bitcoin regained a $1 trillion market cap.
- Layoffs announced at Cisco, Nike, and Paramount.
- Buffett trimmed his Apple stake in the fourth quarter.
Passive Income Investors Love Five High-Yield Dividend Stocks
Passive income investors trust high-yield sector-leading companies such as Pfizer Inc. (NYSE: PFE) and Verizon Communications Inc. (NYSE: VZ) that can provide healthy total return with safe and dependable passive income for years.
Five Top Wall Street Stock Picks for 2024 Come With Huge Dividends
Jefferies’ top stock picks for 2024 include Altria Group Inc. (NYSE: MO) and Chevron Corp. (NYSE: CVX). All five have plenty of upside potential and stellar dividends, offering attractive total return potential for investors.
The Value of CEO’s Stake in Broadcom Nearly Doubles Despite Trim
Despite CEO Tan Hock parting with nearly Broadcom Inc. (NASDAQ: AVGO) 80,000 shares, the value of his stake has almost doubled in the past year as the company’s share price has soared. Does he know something we don’t?
Want $1,000 in Passive Income? Invest $1,500 in These Five Stocks
With a $7,500 investment split evenly between AGNC Investment Corp. (NASDAQ: AGNC), Starwood Property Trust Inc. (NYSE: STWD), and these other stocks, the investor creates a passive income stream of almost exactly $1,000 per year.
Five Well-Known Stocks That Cut Dividends May Explode Higher in 2024
Typically stocks that cut or eliminate dividends are left for dead, but AT&T Inc. (NYSE: T), Walgreens Boots Alliance Inc. (NASDAQ: WBA), and these other well-known companies could be set to trade higher in 2024.
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