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Nvidia shares rose Tuesday, pushing the chipmaker back into the top spot on the list of the world's most valuable companies by market capitalization, ahead of Apple...
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As investors brace for market (^DJI,^GSPC, ^IXIC) volatility caused by the US presidential election, especially in the case that the final outcome is delayed, Mahoney Asset Management CEO Ken Mahoney joins Catalysts Hosts Seana Smith and Madison Mills to discuss how retail investors should be thinking about playing election volatility. Mahoney tells retail investors, "Don't get involved in this. You know there's a lot of emotion, and I know it's easy for me to say that, but the last thing you want to do is get whipsawed out of your position ... Our Founding Fathers kind of figured this out, that we have a balance of power and after this election, we're still going to have a balance of power." He adds there are "so many tailwinds," including the Federal Reserve meeting on Thursday, Big Tech companies' artificial intelligence (AI) spending, and strong earnings. "You have a lot of bears [that have] been on the sidelines. They're going to have to commit capital toward the end of the year. Otherwise, the index is going to be way ahead of them. So again, I just say that sometimes we lose sight. We have to come back [and] see where we are, and there's a really strong tailwind despite who wins." He highlights, "Our favorites are still the market leaders" like Nvidia (NVDA), Apple (AAPL), Microsoft (MSFT), and Amazon (AMZN). "That's the way we've been playing this right now is some of your best stocks you like with the added volatility. Make volatility your friend, not your foe. And by doing that is actually try to buy some stock. Your favorite stocks below the market which is trading right now." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan...
Continue ReadingUpdate: Federal Judge Grants Most of Google's Motions to Dismiss Gift Card Class-Action Suit...
Continue ReadingNvidia (NVDA) is back on top as the world’s most valuable public company ahead of the U.S. presidential election...
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Tech giant Apple (AAPL) is reportedly exploring the creation of smart glasses. According to a recent Bloomberg report, the smartphone maker has started surveying employees to gather insights and gauge their outlook on this emerging technology. Yahoo Finance Tech Editor Dan Howley breaks down the details, discussing the broader competition in the smart glasses market from other major players like Meta Platforms (META) and Snap (SNAP). To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith...
Continue ReadingMicrosoft delivered strong Q1 results, but faces cloud capacity constraints. See why MSFT stock may experience choppy sentiment moving forward...
Continue ReadingApple's walled garden is facing legal threats in the US and Europe. Both of these lawsuits could cost them billions. The EU one already has. Learn more on AAPL stock here...
Continue ReadingOpenAI is in preliminary discussions with the California attorney general's office...
Continue ReadingMost of the Magnificent 7 tech firms, including Meta, Microsoft and Apple. have released earnings. Find out if Big Tech is still a winner...
Continue ReadingA federal judge dismissed a proposed class action lawsuit accusing Google of illegally profiting from Google Play gift card scams by refusing to refund millions of dollars stolen from victims. In a late Monday decision, U.S. District Judge Beth Labson Freeman said the plaintiff Judy May lost money because scammers induced her to buy gift cards, and failed to show that Google caused her losses or knew it was receiving stolen funds. The San Jose, California-based judge also said Google was not liable for keeping 15% to 30% commissions on purchases that scammers made with the gift cards, because Google's conduct was unrelated to the original fraud...
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