). The earnings are providing evidence to investors that artificial intelligence is more than hype; there is a lot of cash being spent on the tech. Wall Street is also digesting another inflation report. The core March Personal Consumption Expenditures reading was slightly hotter than expected, but not enough to deter expectations that the Federal Reserve will eventually cut rates. Trending tickers on Yahoo Finance include Intel is one stock I reversed course on in a big way.
Are you looking for growth stocks? These two are proven winners with even more room to grow in the years and decades to come. The post 2 TSX Growth Stocks That Could Turn $10,000 Into $23,798 by 2030 appeared first on The Motley Fool Canada.SECTORFOCUS BLOG Oil stocks have enjoyed an impressive rally, and they are unlikely to gain much more. It starts with the price of oil.
They bought Nvidia stock before the hype. It's paid for cars, vacations, and a deposit on a dream home. Many retail investors got in when the company was a cornerstone of PC gaming, but the rise of AI has supercharged returns for longtime bulls.Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.
TORONTO — Rogers Communications Inc. is listing its data centres for sale in an effort to raise a billion dollars as the company moves to pay off debt related to the Shaw merger, the company said. “It’s true,” CFO Glenn Brandt told analysts on the company’s first-quarter earnings call on Wednesday. “We are looking at raising a billion dollars in asset sales, predominantly real estate.
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