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Intel (INTC) Stock Price Prediction in 2030: Bull, Base & Bear Forecasts
24/7 Wall Street· 2024-01-22 17:49
Intel (INTC) Stock Price Prediction in 2030: Bull, Base & Bear Forecasts JasonDoiy / iStock Unreleased via Getty Images Since Intel Corp. (NASDAQ: INTC) announced its latest turnaround plan nearly three years ago, the company has posted year-over-year profit growth in only two of the past 10 quarters. The stock price dropped by 60% over the next 18 months but has fought its way back to a decline of about 20% since April 2021.The success of that plan could define Intel’s future for years to come.A brief hi ...
7 Highest Yielding Dividend Aristocrats Like AbbVie Are The Best 2024 Ideas Now
24/7 Wall Street· 2024-01-21 15:40
7 Highest Yielding Dividend Aristocrats Like AbbVie Are The Best 2024 Ideas Now ShutterstockProfessional / Shutterstock.com Since 1926, dividends have accounted for almost a third of the total return of the S&P 500, so regardless of whether the market is up, down, or flat, regular dividend payments from high-quality blue chip stocks provide investors with a much better chance for success. With inflation staying frustratingly strong and the potential for more stock market turbulence in the fourth quarter, ...
Short Apple's Stock
24/7 Wall Street· 2024-01-21 13:30
Short Apple's Stock bombuscreative / iStock Unreleased via Getty Images Very few investors are short Apple’s (NASDAQ: AAPL) shares. Short interest is less than 1% of the float. However, if there was ever a time recently to short Apple’s shares, it is now. Apple’s revenue may no longer grow, and its flagship iPhone 15 sales appear to be in trouble.Apple has had a remarkable run. Five years ago,+ shares traded at $38. Today, that figure is $191. However, in the last two months, the shares are flat.Barclay’s ...
US Postal Service's Deep Trouble
24/7 Wall Street· 2024-01-20 13:27
US Postal Service's Deep Trouble krblokhin / iStock Editorial via Getty Images The US Postal Service will raise the price of a First Class stamp from $.66 to $.68 this week. Deeply troubled financially, it is another sign that the organization’s cost structure is dragging down its viability as the mainstay of America’s home and business delivery industry. It has dominated that sector for over two centuries.The Postal Service price increase is part of a pattern that has sent the cost of First Class stamps ...
Microsoft (MSFT) Stock Price Prediction in 2030: Bull, Base & Bear Forecasts
24/7 Wall Street· 2024-01-19 16:05
Microsoft (MSFT) Stock Price Prediction in 2030: Bull, Base & Bear Forecasts HJBC / iStock Editorial via Getty Images Since posting a recent low in late November of 2022, shares of Microsoft Corp. (NASDAQ: MSFT) have risen by 85%, and the company has wrestled away Apple’s title as the world’s most valuable company. All this follows from an investment of around $13 billion in a startup.An investment for the agesSource: 2005 Getty Images / Getty Images News via Getty ImagesMicrosoft was founded in 1975 to d ...
Macy's (M) Announces Job Cuts and Apple (AAPL) Begins Vision Pro Sales
24/7 Wall Street· 2024-01-19 14:45
Macy's (M) Announces Job Cuts and Apple (AAPL) Begins Vision Pro Sales 2023 Getty Images / Getty Images News via Getty Images The country’s largest department store operator is firing 13% of its corporate employees as a new CEO prepares to take charge. And for consumers with $3,500 burning a hole in their pockets, a new mixed reality headset goes on sale Friday.Macy’s chops 2,350 jobsSource: Mario Tama / Getty Images News via Getty ImagesJeff Gennette, CEO of Macy’s Inc. (NYSE: M) since 2017, is retiring ...
Elon Musk Wants More Control of Tesla
24/7 Wall Street· 2024-01-16 11:30
Elon Musk Wants More Control of Tesla Win McNamee / Getty Images News via Getty Images Elon Musk is so deeply associated with Tesla Inc. (NASDAQ: TSLA) that many think he owns the entire company. His voting shares comprise just over 12% of the total. That means, despite his years of leadership and the success of its stock, Musk could be outvoted on key issues. (Check out 10 amazing things Elon Musk invented.)Musk took to X, formerly Twitter, which he does control, to make his case. In a statement, he said ...
Apple Weakness Grows on iPhone Discount
24/7 Wall Street· 2024-01-15 12:35
Apple Weakness Grows on iPhone Discount Stockfoo / iStock Editorial via Getty Images Among Apple Inc.’s (NASDAQ: AAPL) biggest strengths is that it rarely offers product price discounts. Carriers may offer deals for people who buy iPhones, but price cuts are almost never an option for those who buy directly from the company. Apple backed away from the philosophy by cutting prices on its flagship iPhone 15 in China. China is the world’s largest smartphone market and among the most competitive. (Here are fi ...
The 7 Highest Yielding 2024 Dividend Kings To Buy and Hold Forever
24/7 Wall Street· 2024-01-14 14:47
The 7 Highest Yielding 2024 Dividend Kings To Buy and Hold Forever ptasha / iStock via Getty Images Over the 22 months, interest rates have jumped from historical lows of 0% to the highest level since 2007 at 5.5%. 30 FHA Mortgages have jumped from 2.65% in January of 2021 to the current 7.07% rate. During that period, any stock that was the least sensitive to interest rates got hammered, and the damage trail covered several sectors.While it was a tough stretch for shareholders, 2024 could be the year man ...
Microsoft market cap, Apple market cap, Alphabet market cap
24/7 Wall Street· 2024-01-14 11:26
Can Alphabet Be More Valuable Than Apple Or Microsoft? Public Domain / Wikimedia Commons The news about market capitalization over the last week has been that Microsoft’s (NASDAQ: MSFT) topped Apple’s (NASDAQ: AAPL) as it raced above the $2.88 trillion level. Apple’s old-world hardware business was less valuable than the AI and cloud dominance, which have been the key to Microsoft’s financial success. One public corporation could top them both: Alphabet (NASDAQ: GOOG), the owner of Google, ranks third in ...