Could Nvidia Be Worth More Than Apple? Antonio Bordunovi / iStock Editorial via Getty Images Almost no one saw the astronomical rise of AI chip company Nvidia (NASDAQ: NVDA) coming. Its market cap, at nearly $2 trillion, has jumped ahead of tech behemoths Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOG). Its revenue is rising at a triple-digit pace, and the AI revolution means that pace could continue for several more quarters, if not longer. Only two public corporations have a higher market cap than Nvi ...

Group 1 - Blackstone CEO Steve Schwarzman earned $897 million last year, contributing to his net worth of $42 billion [1] - Blackstone reported a profit of $2.4 billion on $8 billion in revenue, indicating strong financial performance [1] - The company has nearly $200 billion in "dry powder" capital available for future investments, positioning it well for upcoming opportunities [1] Group 2 - Blackstone's market capitalization stands at $152 billion, although its stock has declined by 3% over the past two years, contrasting with a 17% increase in the S&P 500 [1] - Schwarzman owns 20% of Blackstone, with dividend payments of $777 million last year making up a significant portion of his compensation [1] - The company has established itself as a major player in the economy, providing loans to businesses and financing infrastructure projects [1] Group 3 - Blackstone's long-term success is reflected in Schwarzman's net worth growth from $10.7 billion a decade ago to $42 billion today [1]

Top Wall Street Bank Loves 5 Dividend Stocks for 2024 Chaay_Tee / iStock via Getty Images Every year, the top Wall Street firms release a list of their top stock picks for the coming 12 months, and typically, they are companies that the stock analysts have incredibly high conviction in. In addition, they often have good upside to the assigned price target and are bestowed with either a Buy or Overweight rating depending on the company providing the coverage.At 24/7 Wall St., we like to cover these top sto ...

Starbucks CEO Makes 1,000 Time More Than Workers 4028mdk09 / Wikimedia Commons Under federal law, every year, American public companies must release what their CEOs make and compare it to the median compensation of their employees. CEO pay is often several hundred times what employees make. In the case of the Starbucks (NASDAQ: SBUX) CEO, the ratio is a huge 1,028 to 1, based on data from the 2023 fiscal year.According to the proxy, “The fiscal year 2023 annual total compensation for our median employee, ...

GM Tries to Get Back Into Self-Driving Cars After Major Failure carlballou / Getty Images The self-driving car business of General Motors Co. (NYSE: GM) seemed to have a permanent setback when one of its Cruise vehicles badly injured a woman in San Francisco last October 2. To make matters worse, the California Department of Motor Vehicles said Cruise covered up the incident by pulling its “driverless” permit. Tests might have continued if there had been a human in the self-driving car. By November 20, Cr ...

 5 Safe Dividend Aristocrats To Buy Now - Huge Wall Street Sell-Off Could Be Coming Bet_Noire / iStock via Getty Images The parabolic rally that started in October when the Federal Reserve declared that the rate hikes for this period were over has turned into a euphoria-driven mess and could be ready to hit a wall. Climbing inflation in January, which was expected to be all but over, combined with continued layoffs, so-so earnings results, a spiraling national debt (Now over $34 trillion), an expanding wa ...

CEO's Chipotle Mexican Grill Stake Soars by $7 Million jeepersmedia / Flickr There is much investors can learn by examining how company insiders handle positions in their own companies. While these insiders may sell shares for a variety of reasons (like buying a house, paying for college, preparing for retirement), they generally buy for only one reason: they expect to make more money.The chief executive officer often is among the largest and best-informed shareholders in any corporation. Let’s see whethe ...

Core Viewpoint - Costco's innovative practices and technology-driven strategies are enhancing its operational framework and customer engagement, positioning the company for future growth in the retail landscape [1] Financial Overview - Current revenue stands at $245.7 billion, with a net income of $6.5 billion and 64 million memberships across 830 warehouses, while the stock price is currently $723 [2][5] Membership and Revenue Streams - Membership income is a primary profit source, with continued growth in memberships both domestically and internationally being crucial for future profitability [7] - The company aims to enhance its online sales to compete effectively with major retailers like Amazon and Walmart [7] Growth Scenarios for 2030 - **Bull Case**: Projects stock price could reach $1,900 per share, assuming 8% annual membership growth to 125 million, online sales quadrupling to $100 billion, and international locations doubling to 1,000 [9][11] - **Base Case**: Aligns with an 11% average annual earnings growth forecast, estimating a stock price of $1,050 by 2030 with a more conservative growth outlook [13] - **Bear Case**: Envisions challenges in membership growth and online competition, projecting a stock price of $700 with net income growing only 5% annually [15] Strategic Focus - Costco's international expansion presents significant growth opportunities, although it faces complexities such as regulatory challenges and varying consumer preferences [11] - The company’s commitment to enhancing its e-commerce platform and leveraging technology like blockchain for supply chain efficiency is expected to drive future growth [17] Competitive Positioning - Costco's membership-driven model and focus on bulk savings and high-quality offerings distinguish it from competitors like Walmart and Amazon, fostering strong customer loyalty [15]

Microsoft Market Cap Matches France's GDP matthewleesdixon / iStock via Getty Images Based on the International Monetary Fund analysis of gross domestic product per nation, France ranks seventh with a GDP of $3.05 trillion. Microsoft Corp.’s (NASDAQ: MSFT) market cap hit the same level two days ago. It is as much a sign of just how valuable the world thinks the leading megacap companies are than that the French economy is unproductive. (See which English words are French in origin.)The scale of Microsoft ...

Why 5 Of The Highest Yielding REITs Could Explode Higher Viktoriya Fivko / iStock via Getty Images It’s been almost two long years of Federal Reserve interest rate hikes, and while the recent data surprised to the upside, the good news for investors is that they probably won’t announce any more rate hikes. The bad news is they could hold rates at the current 5.25%-5.50% well into this year with no cut until the summer or, in the worst case, the fall.One great idea now, especially with the Federal Reserve ...