Text size Next week is light on both corporate earnings and economic data, but there are some economic numbers to watch. On Monday, IHS Markit releases its July Service Procurement Manager Index for July and its Composite Global PMI, while the Institute for Supply Management releases its non-manufacturing PMI. On …
Read More »European stocks could be ready for a comeback. Where investors can find signs of a recovery.
Europe has increased the stimulus, with countries like France launching larger-than-expected packages to boost the economy. Philippe Lopez / Getty Images Text size While the state of the Covid-19 pandemic in the US and China has been largely focused, Europe has quietly progressed. Policy makers have come together and worked …
Read More »Wells Fargo may need to cut its dividend by 50%, analyst says
Text size Wells Fargo plans to disclose its pay level when it reports second-quarter results in July. fake pictures With the Federal Reserve stress tests in the rearview mirror, Wall Street has a little more guidance on the path of bank dividends later this year. But the uncertainty remains. The …
Read More »As Covid-19 increases, economic and political uncertainties return
Text size Johannes Eisele / AFP via Getty Images Almost mid-2020, one of the many ironies of the year is that its number is associated with perfect vision. Just as no one could have foreseen the coronavirus calamity when the year began, the view into the second half remains hazy. …
Read More »How Nvidia moved from gaming to AI to riding with Mercedes
Text size Courtesy of Mercedes-Benz. If you’ve ever spent hours pushing buttons on a video game controller, I’d like to thank you for your service. I’m starting to think you helped invent driverless cars. You may have also participated in cancer treatments. See Tuesday, Nvidia (ticker: NVDA), a powerhouse of …
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