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Chipotle vs Starbucks: One Turnaround Is Real, One Is Just Smoke
24/7 Wall St.72d agoneutral
Chipotle vs Starbucks: One Turnaround Is Real, One Is Just Smoke

Two beaten-down restaurant names, one decision: should a retirement-focused investor put fresh capital into Starbucks (NASDAQ: SBUX) or Chipotle Mexican Grill (NYSE: CMG) right now? Both stocks have been punished, but for opposite reasons. Starbucks has rallied off its lows as a turnaround takes hold, while Chipotle has cratered as its growth story collapsed into ... Chipotle vs Starbucks: One Turnaround Is Real, One Is Just Smoke

SpaceX’s IPO is Set to Make Elon Musk a Trillionaire. Here’s 4 Key Figures That Will Become Billionaires.
24/7 Wall St.72d agoneutral
SpaceX’s IPO is Set to Make Elon Musk a Trillionaire. Here’s 4 Key Figures That Will Become Billionaires.

It’s big news as the buzz gets louder surrounding the most publicized IPO in years. CNBC reporter Robert Frank reported on June 5 that SpaceX’s IPO is set to price next Friday, June 12, at $135 per share. The deal would potentially lift Tesla (NASDAQ:TSLA) CEO Elon Musk’s net worth past $1 trillion, crowning him ... SpaceX’s IPO is Set to Make Elon Musk a Trillionaire. Here’s 4 Key Figures That Will Become Billionaires.

These 4 Dividend Stocks Generate $19,200 Tax-Free Inside a Roth
24/7 Wall St.72d agoneutral
These 4 Dividend Stocks Generate $19,200 Tax-Free Inside a Roth

High earners in the 32% federal bracket holding ordinary-income dividend payers in a taxable brokerage account face a math problem that most never run on paper. If your $60,000 in dividend income is taxed as ordinary income at the 32% bracket, you owe $19,200 to the IRS, leaving $40,800 in net income. The same $60,000 ... These 4 Dividend Stocks Generate $19,200 Tax-Free Inside a Roth

Days Before Its IPO, SpaceX Just Got FAA Approval On a New Product That Could Change Space Forever
24/7 Wall St.72d agoneutral
Days Before Its IPO, SpaceX Just Got FAA Approval On a New Product That Could Change Space Forever

It’s hard to believe that we’re now just days away from the biggest IPO to touchdown on the public markets. It’s T-minus seven days until the big moment, and it feels like there’s no stopping the massive rush of market orders before day one. If space-based (orbital) data centers weren’t enough to get you excited ... Days Before Its IPO, SpaceX Just Got FAA Approval On a New Product That Could Change Space Forever

Here Are Friday’s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart, and More
24/7 Wall St.72d agoneutral
Here Are Friday’s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart, and More

Pre-Market Stock Futures: Futures are trading mixed on Friday as we prepare to close out one of the craziest weeks on Wall Street this year. On a day when we saw yet another all-time high, investors rotated out of chip stocks and into healthcare and industrials after Broadcom (NASDAQ: AVGO) posted disappointing results. When the ... Here Are Friday’s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart,

Famous Wall Street Futurist Says ‘Starlink Alone’ Justifies SpaceX’s $2 Trillion Valuation at IPO. Here’s His Math.
24/7 Wall St.72d agoneutral
Famous Wall Street Futurist Says ‘Starlink Alone’ Justifies SpaceX’s $2 Trillion Valuation at IPO. Here’s His Math.

SpaceX is heading toward one of the largest equity offerings ever, and one of Wall Street’s most-followed futurists says investors can focus on the Starlink satellite broadband business alone. The Starlink business by itself, he argues, is enough to underwrite a valuation north of $2 trillion. That is the case Brett Winton, Chief Futurist at ... Famous Wall Street Futurist Says ‘Starlink Alone’ Justifies SpaceX’s $2 Trillion Valuation at IPO. Here’s His Math.

Taiwan's Foxconn raises guidance for second-quarter outlook
Reuters72d agoneutral
Taiwan's Foxconn raises guidance for second-quarter outlook

Taiwan's ‌Foxconn ‌said on Friday ​that its second-quarter performance is ‌likely to ⁠be well above ⁠its previously anticipated ​forecast ​of "significant" ​growth. Foxconn, which ‌is Nvidia's biggest server maker and Apple's ‌top ​iPhone ​assembler, ​does not ‌provide numeric guidance ​for ​its outlook. (Reporting ​by ‌Ben Blanchard; Editing ​by Christopher ​Cushing)

Nvidia CEO sees robotics as next major sector in South Korea
Reuters72d agoneutral
Nvidia CEO sees robotics as next major sector in South Korea

Nvidia CEO Jensen Huang said on Friday that ‌he sees robotics as the next ‌major sector in South Korea. He was talking to reporters ​after arriving at Gimpo airport in South Korea on a flight from Taiwan. Huang said he had meetings scheduled ⁠with Hyundai, LG, SK, Samsung and Naver during his trip.

Morgan Stanley makes bold new call on Micron stock
TheStreet73d agoneutral
Morgan Stanley makes bold new call on Micron stock

Investors in Micron Technology (MU) stock have laughed all the way to the bank over the past year, especially those who bought into the AI memory story early. Putting the rally in context, Micron stock has gained almost 100% in the past month alone and over 350% over the past six months, ...

This Chip Stock Made a Comeback After Broadcom Earnings
The Wall Street Journal73d agoneutral
This Chip Stock Made a Comeback After Broadcom Earnings

Most chip stocks stayed lower today after Broadcom's guidance sparked a slump in the industry, but Marvell Technology wasn't one of them. The company, which recently got a high-profile endorsement from Nvidia CEO Jensen Huang, saw its shares bounce back Thursday to finish 4.

TSMC Forecasts Sustained AI Chip Demand
Investor's Business Daily73d agoneutral
TSMC Forecasts Sustained AI Chip Demand

TSM stock rose on Thursday after the company's annual shareholders' meeting. At the meeting, Chief Executive C.C. Wei said the contract chipmaker, better known as TSMC, won't be able to fulfill demand over the next few years, even as more manufacturing capacity comes online, Bloomberg reported. "It will be a long time before we can meet customer demand," Wei said.

Jim Cramer sounds the alarm on Marvell
TheStreet73d agoneutral
Jim Cramer sounds the alarm on Marvell

A single comment from Nvidia chief executive Jensen Huang added tens of billions of dollars to Marvell Technology’s (MRVL) market value in one trading session. Huang predicted that Marvell would become the next company to reach a $1 trillion valuation. Traders reacted instantly, pushing the stock ...

Can Wall Street Absorb $3.5 Trillion in New IPOs? SpaceX and Anthropic Could Trigger the Biggest Liquidity Stress Test
24/7 Wall St.73d agoneutral
Can Wall Street Absorb $3.5 Trillion in New IPOs? SpaceX and Anthropic Could Trigger the Biggest Liquidity Stress Test

The stock market has spent the past two years rewarding one theme above all others: artificial intelligence. Capital has flowed into a relatively small group of companies, pushing the valuations of AI leaders to levels few investors would have imagined in 2023. But what happens when two of the world’s most anticipated private companies suddenly ... Can Wall Street Absorb $3.5 Trillion in New IPOs? SpaceX and Anthropic Could Trigger the Biggest Liquidity Stress Test

How to Maximize Dividend Income in Retirement Before RMDs Change the Math
24/7 Wall St.73d agoneutral
How to Maximize Dividend Income in Retirement Before RMDs Change the Math

At the 24% federal bracket, a portfolio throwing off $40,000 in high-yield dividend income hands roughly $9,600 to the IRS every year when those shares sit in a taxable account treated as ordinary income. For investors in the gap years between retirement and RMD age 73, that drag compounds quietly until required minimum distributions force ... How to Maximize Dividend Income in Retirement Before RMDs Change the Math