June 16, 2024
Stock Market

As the Raspberry Pi share price soars, is it set to be a great UK growth success?

Image source: Getty Images The Raspberry Pi (LSE: RPI) share price was set at 280p for IPO. Even with the price at the top of the expected range, hopeful shareholders oversubscribed the offer multiple times. The shares quickly rose in pre-market trading. Then it stormed ahead spectacularly when full trading started on 14 June, opening

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Stock Market

This explosive UK stock has hiked dividends by 14.6% a year for a decade. Time to buy?

Image source: Getty Images The London Stock Exchange Group (LSE: LSEG) isn’t just a top UK stock for growth, it’s a dividend machine too. With a trailing yield of a meagre 1.24%, it doesn’t look like a FTSE 100 Dividend Aristocrat. Yet that’s what it is. Lately I’ve been piling into high-yielding blue-chips but low

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Stock Market

Beware the Texas advance on Wall Street

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Everything is bigger in Texas. The state’s $2.56tn economy ranks as the world’s eighth-largest, ahead of Russia, Canada and Italy. Its low taxes, light regulation and small-government policy has made it a magnet for people

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Stock Market

Is Eli Lilly Stock a Buy?

Developing brand-new drugs is a long and expensive process that doesn’t always deliver a positive return on investment. Occasionally, some pharmaceutical companies hit the jackpot and launch medicines worth all that trouble. That’s what Eli Lilly (NYSE: LLY) has on its hands with tirzepatide, marketed as Mounjaro in the diabetes market and as Zepbound to

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Stock Market

Nvidia stock accounts for more than a third of the S&P 500’s gains this year

Nvidia stock has continued its stunning rally this year, sending the AI chip leader’s valuation past $3 trillion and making it an even bigger presence in the S&P 500. In fact, 34.5% of the S&P 500’s market cap gains so far this year can be attributed to Nvidia alone, according to Apollo Chief Economist Torsten

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Stock Market

Stock market outlook: Forecasts rise further as S&P 500 tops year-end targets

Goldman Sachs Group Inc. strategists have boosted their year-end target for the S&P 500 Index for a third time, reflecting Wall Street’s optimistic outlook for earnings growth and the US economy. The bank’s equity strategists led by David Kostin now see the US stock benchmark index finishing the year at 5,600, up from a 5,200

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Stock Market

The 4 things we’re most focused on in the stock market this week

The Nasdaq Composite inched higher Friday to claim its fifth straight record close, as new data this past week showed a continued cooling of inflation and Treasury yields retreated. For the week: The tech-heavy Nasdaq gained 3.2%, while the S & P 500 rose 1.6% and the Dow Jones Industrial Average fell 0.5%. Economic updates

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Stock Market

Why so many investors find it hard to embrace this run to records

What to make of a record-setting market rally that elicits more mistrust than fear of missing out? The S & P 500 has made an all-time high on nearly thirty days this year, four of them this past week. U.S equity wealth has never been greater, and the index path has even been pretty smooth:

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Stock Market

Sensex to hit 82,000 in 12 months over macro stability; global slowdown among key risks: Moody’s

In a recent report, international rating agency Moody’s asserted that the third term of Prime Minister Narendra Modi, which will end in 2029, will remain India’s decade. The rating agency report says the most important aspect of the BJP-led New Democratic Alliance (NDA) retaining its majority is its policy predictability. “The main benefit to the

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Stock Market

Indian stock market ready for a dream run, target Nifty 50 at 25,816, says PL; bullish on Auto, Banks, Defence, FMCG

With the elections-related uncertainty now seeming to be over, we have a National Democratic Alliance (NDA) government in place with the support of around 300 members of Parliament; analysts believe the success of Bharatiya Janata Party (BJP) and Prime Minister Narendra Modi in running an alliance government will be at test, although continuity in key

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