Mon, May 6, 2024 12:03 PM
PSU bank stocks fall up to 6% as new RBI guidelines spoil mood
A Flip by Riya Sharma
Investing isn't a one-size-fits-all situation, which is why there are so many different investment approaches you can follow. And yet the common reference point for most investors is the S&P 500 (SNPINDEX: ^GSPC) index. Here's one big problem for a retired investor in need of income who just defaults to the S&P 500: The index's dividend yield is a scant 1.3% today.
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Artificial intelligence (AI) is the biggest tailwind in the technology sector right now. Generative AI has myriad applications, and mega-cap-tech behemoths are leading innovation efforts across the industry.One of the subtle growth opportunities in AI is data centers. In fact, Statista estimates that network infrastructure, storage, and server solutions will be a $439 billion opportunity by 2024.
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Home Depot (NYSE: HD) saw its same-store sales (or comps) fall once again, as the home improvement retailer deals with a difficult home remodeling market and a more cautious consumer. It was the sixth straight quarter in which the company saw its comparable-store sales fall.Comps are a good indication of the strength of a retailer's business.
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