- U.S. home prices hit a record high in May, but retail sales were weaker than expected. Rite Aid continued to close stores. The CBO projected U.S. national debt would hit $50 trillion by 2034.
- Goldman Sachs raised its year-end S&P 500 target to 5,600.
- Nvidia became the world’s most valuable public company. An OpenAI co-founder started a new AI firm. Bill Gates announced a big investment in nuclear power.
- Yet another Boeing whistleblower came forward. Amazon’s labor union allied with the Teamsters. Exxon’s lawsuit against an activist investor was dismissed.
- A big Pixar debut failed to lift AMC stock. Apple discontinued its Pay Later product. McDonald’s ended its AI drive-thru test. GameStop offered little about its future at its annual meeting.
- EV maker Fisker filed for bankruptcy. Stellantis recalled over 1 million cars.
- The FDA approved a Merck pneumonia vaccine. Kansas sued Pfizer over COVID-19 vaccine marketing. Gilead Sciences stock jumped after HIV trial success.
Three Ultra-High Dividend Stocks to Buy With $200 Right Now
AGNC Investment Corp. (NASDAQ: AGNC) and these other ultra-high dividend stocks can be purchased with as little as $200, because they all trade at less than $10 per share. It is a great way for investors to start generating positive total returns right away.
A Stock That Can Soar 80% After Split, According to a Wall Street Analyst
See why technical analysts believe that shares of sports drink maker Celsius Holdings Inc. (NASDAQ: CELH) are clearly in oversold territory and could be poised for a price runup of up to 80%.
Elon Musk Confirms a Massive Super Micro Computer Server Win
Elon Musk seemed to confirm this week that Super Micro Computer Inc. (NASDAQ: SMCI) would be supplying servers for a supercomputer that his AI company, xAI, is building. This could be a big win for the company that likely would further boost the stock.
Here’s Why Eli Lilly Will Likely Announce a Stock Split
Unlike its competitors, Eli Lilly & Co. (NYSE: LLY) stock is up sharply in the past five years. With shares closing in on $1,000 apiece, a number of analysts have identified several justifications for a stock split. Check them out.
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