The Week’s Investing News Roundup: Passive Income, Chinese Stocks, Dividends

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  • A strong Nvidia earnings report lifted markets to new highs. Home Depot beat expectations but forecast a weak 2024.
  • AT&T and other carriers experienced widespread outages. A ChatGPT malfunction caused nonsensical responses.
  • Capital One to acquire Discover Financial. Walmart to buy TV maker Vizio. Amazon will replace Walgreens in the Dow Jones industrial average.
  • Reddit struck an AI training deal with Google and is preparing for an IPO. Coca-Cola launched a new Coke flavor.
  • Chinese banks chopped a key lending rate as the economy falters. Japan’s stock market hit a multiyear high.
  • Goldman Sachs sees the S&P 500 at 5,200 by year’s end.

Four Dividend Stocks Committed to Paying Investors More Money

Recessions may come, stock prices will fluctuate, but the dividend streams of these four stocks should provide safety, income, and inflation protection during any market weather.

Want $5000 in Passive Income? Invest $5000 in These Seven Funds

Work smarter, not harder, the adage goes. One way to do that is with passive income. These seven funds combined can generate over $5,000 a year in passive income for an investment of $5,000 in each one.

These Are the Best Dividend Stocks According to Wall Street

Dividend-paying stocks can be an attractive way for an investor to eat one’s cake and have it too. In addition to potential price appreciation, an annual dividend not only reduces an investment’s cost basis but can also provide timely additional cash income, especially in the current inflationary climate.

Want $3,000 in Passive Income? Invest $1,000 into These 15 Dividend Stocks

Medical Properties Trust Inc. (NYSE: MPW), Oxford Lane Capital Corp. (NASDAQ: OXLC), and these other stocks combined can generate over $3,000 a year in passive income if you invest just $1,000 in each one.

Five Chinese Stocks That Trade in the United States Pay Gigantic Dividends

Investors looking to add Chinese stocks to their portfolios may want to consider Lufax Holding Ltd. (NYSE: LU) and these other top picks that come with huge dividends and trade in the United States.

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