latest news in www.barrons.com
Alibaba's AI-Driven Cloud Growth Boosts Q2 Earnings
Alibaba, Friday, 15 November 2024.
Alibaba’s Q2 earnings surpassed expectations, driven by robust AI-related revenue growth in its cloud business. Despite slower overall sales, the tech giant’s strategic focus on AI infrastructure and international expansion signals a promising trajectory in a challenging economic landscape.
Palantir's Strategic Move to Nasdaq Sparks Stock Rally
New York, Friday, 15 November 2024.
Palantir Technologies announced a shift from NYSE to Nasdaq, effective November 26, 2024. The move positions the company for potential inclusion in the Nasdaq-100 index, driving investor enthusiasm and boosting stock value. Palantir retains its ‘PLTR’ ticker symbol.
Cisco Beats Earnings Expectations Amid Revenue Decline
San Jose, Thursday, 14 November 2024.
Cisco Systems reported Q1 FY2025 earnings exceeding analyst forecasts, with revenue of $13.8 billion despite a 6% year-over-year decline. The tech giant saw a 20% increase in product orders, signaling potential growth amid market challenges. Cisco’s strong performance in AI infrastructure orders highlights its strategic pivot towards emerging technologies.
S&P 500 Dividend Yield Hits 20-Year Low, Impacting Income Investors
New York, Wednesday, 13 November 2024.
The S&P 500’s dividend yield has plummeted to its lowest point in over two decades. This unprecedented dip is largely attributed to the dominance of tech giants in the index, whose low dividend payouts are reshaping traditional income investment strategies.
Wall Street Bonuses Set to Soar: Debt Underwriters Lead the Pack
New York, Tuesday, 12 November 2024.
Wall Street anticipates its first industrywide bonus increase since 2021, with debt underwriters expected to receive up to 35% more. This surge reflects a robust year in financial markets, particularly in debt issuance and stock underwriting, signaling renewed confidence in the sector.