Wedbush: Tech stocks should rise another 15% in 2H24

Reuters
AI-focused tech firms see big jump in market cap in June
Nvidia shares rose as much as 27% in June, boosting its market capitalization to $3.34 trillion, before giving up some of their gains later in the month, due to profit booking and concerns over its high valuations.
Fortune
Nokia’s latest mega deals aim to reinvent a company associated with mobile phones it no longer sells
“What we want to do is to accelerate our exposure to AI-driven markets,” says CEO Pekka Lundmark.
The Telegraph
British couple become wealthier than Larry Fink after £2.5bn BlackRock deal
A husband and wife duo who built an outdoor theatre on the grounds of their Suffolk farm estate have been catapulted into Britain’s rich list after netting £2bn from the sale of their financial data business.
SWNS
Family with £62k income using Klarna for food shop due to cost of living crisis
A mum-of-five with a £62k household income has resorted to using Klarna to afford her food shop - due to the cost-of-living crisis. Laura Caine, 40, struggles to cover her family's monthly outgoings using her £1k-a-month universal credit payment and her husband Martin's £50k games programmer salary. The couple have five children - aged 18 to nine - and say feeding the brood three meals a day gets expensive so they have had to use the buy-now-pay-later service. In recent months Laura says she had to use Klarna to afford groceries as she "can't afford" to pay for a big shop upfront. Laura claims both she and Martin have both maxed out their credit cards after their energy bill shot up to £450-a-month from £200.
The Northern Echo
Universal Credit warning to thousands as 180,000 have benefits stopped
Households who receive six legacy benefits set to be replaced by Universal Credit have been issued a warning as they risk having their benefits stopped
Fool.co.uk
A rare chance to buy one of the best dividend shares on the market?
This is one of the best-performing dividend shares on the London Stock Exchange, and it looks incredibly cheap. But could this soon change? The post A rare chance to buy one of the best dividend shares on the market? appeared first on The Motley Fool UK.
Fool.co.uk
2 brilliant FTSE 100 stocks for investors to consider buying in July!
The FTSE 100 is full to the brim with exceptional companies. But there are two stocks this Fool likes the look of. Here he explains why. The post 2 brilliant FTSE 100 stocks for investors to consider buying in July! appeared first on The Motley Fool UK.
The Telegraph
Major banks slash mortgage rates as Labour victory looms
Three major lenders have cut mortgage rates ahead of an expected Labour victory this week.
Business Insider
Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'
Russia's trade rebounded by nearly 7% last year, while activities in the financial sector and construction grew by 6.6% and 3.6% respectively.
Fool.co.uk
A 9.9% dividend yield! Is this hidden FTSE passive income gem too good to miss?
This FTSE 100 insurance and investment firm has one of the highest yields in the index, looks set for stellar growth, and appears undervalued to me. The post A 9.9% dividend yield! Is this hidden FTSE passive income gem too good to miss? appeared first on The Motley Fool UK.
Benzinga
Warren Buffett's Weekly Dividend Earnings Exceed $47 Million: The Top 3 Stocks Driving His Wealth
American business owner Warren Buffett, founder of multinational conglomerate holding company Berkshire Hathaway, collects $2.1 billion in dividends from just three stocks. Here are the three stocks driving his growing wealth. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Miami is expected to take New York's place as the U.S. Financial Capital. Here's how you
Fool.co.uk
FTSE shares are on fire but these 2 are down by over 10% in 2024. I’d buy them today!
Even with the FTSE flying, these two stocks have struggled. But this Fool senses an opportunity. He'd buy them today if he had the cash. The post FTSE shares are on fire but these 2 are down by over 10% in 2024. I’d buy them today! appeared first on The Motley Fool UK.
The Telegraph
How Britain’s wealthiest savers are preparing for a Labour government
As Conservative grandees fret about a Labour “forever government” after this week’s election, Britain’s most affluent savers and investors are busy making the most of tax reliefs while they still can.
Fortune
Steve Ballmer, who was once Bill Gates’ assistant, is now richer than his onetime mentor
Ballmer was employee No. 30 at Microsoft but got most of his wealth from a sweetheart deal.
Reuters Videos
Airbus jet deliveries rise, but headwinds mount
STORY: Airbus delivered more jets over the first half of the year, but it's battling mounting headwinds. Industry sources estimate the aerospace giant handed over about 323 new aircraft. That would be up about 2% on last year, with official figures expected next week. But the sources estimate deliveries fell short of targets in June. That would tally with a warning from Airbus last week that it was cutting its goals for the year. It now aims to deliver 770 jets, instead of the 800 initially planned. The firm cited a shortage of engines, structural parts and interiors. As a result it put back plans to raise output of its best-selling A320neo family of jets. It still expects to hit a record rate of 75 per month, but not until 2027 - a year later than expected. Right now it makes 50 per month. There was no comment on the latest reports from Airbus. But some analysts are already cutting their forecasts for its output next year.
Fool.co.uk
Hidden potential: could this UK-listed growth stock be the next Nvidia?
Based in Canada but listed in London, I think up-and-coming chip designer could be the next big thing to drive AI adoption in the UK. The post Hidden potential: could this UK-listed growth stock be the next Nvidia? appeared first on The Motley Fool UK.
Business Insider
Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says
"These funds managed to lose value for shareholders even during a generally bullish market," Morningstar analyst Amy Arnott said.
Fool.co.uk
Down 14% last month! What’s going on with the share price of this FTSE 250 British icon?
The FTSE 250 slipped 3.5% in June as the UK market headed towards the summer. But this one stock bore the brunt of the losses. The post Down 14% last month! What’s going on with the share price of this FTSE 250 British icon? appeared first on The Motley Fool UK.
Fool.co.uk
2 boring yet consistent dividend shares investors should consider buying in July
Some dividend shares offer the potential for regular returns, with a good record and bright future prospects. The post 2 boring yet consistent dividend shares investors should consider buying in July appeared first on The Motley Fool UK.
Fool.co.uk
2 shares I’d give a wide berth to in today’s stock market
The UK stock market is brimming with promising long-term investment opportunities. But I wouldn’t say that these two shares are the ones. The post 2 shares I’d give a wide berth to in today’s stock market appeared first on The Motley Fool UK.

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Wedbush: Tech stocks should rise another 15% in 2H24

Latest stories

AI-focused tech firms see big jump in market cap in June

Nokia’s latest mega deals aim to reinvent a company associated with mobile phones it no longer sells

British couple become wealthier than Larry Fink after £2.5bn BlackRock deal

Family with £62k income using Klarna for food shop due to cost of living crisis

Universal Credit warning to thousands as 180,000 have benefits stopped

A rare chance to buy one of the best dividend shares on the market?

2 brilliant FTSE 100 stocks for investors to consider buying in July!

Major banks slash mortgage rates as Labour victory looms

Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'

A 9.9% dividend yield! Is this hidden FTSE passive income gem too good to miss?

Warren Buffett's Weekly Dividend Earnings Exceed $47 Million: The Top 3 Stocks Driving His Wealth

FTSE shares are on fire but these 2 are down by over 10% in 2024. I’d buy them today!

How Britain’s wealthiest savers are preparing for a Labour government

Steve Ballmer, who was once Bill Gates’ assistant, is now richer than his onetime mentor

Airbus jet deliveries rise, but headwinds mount

Hidden potential: could this UK-listed growth stock be the next Nvidia?

Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says

Down 14% last month! What’s going on with the share price of this FTSE 250 British icon?

2 boring yet consistent dividend shares investors should consider buying in July

2 shares I’d give a wide berth to in today’s stock market