Tue, Oct 22, 2024 2:14 PM
Stocks to buy before Diwali 2024: Sharekhan shares its 15 top picks
A Flip by Avya Verma
Wall Street's bullishness for Nvidia stock endures even as shares trade at record highs. Analysts are upbeat about the next-gen Blackwell chip and Nvidia's web of enterprise partnerships. Bank of America and Goldman Sachs are among the banks that have raised price targets in recent weeks. Nvidia stock is trading at record highs, but that's not deterring top Wall Street analysts from being bullish.
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Investors are leaving exchange-traded funds tied to specific themes, such as artificial intelligence and video gaming, as they flock to funds linked to broad stock-market benchmarks that are hitting record highs. The run for the exits, however, may slow if the broader market stumbles. Returns from broad market indexes are setting a higher bar for thematic funds this year.
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Britain's commercial property market is returning to life after its post-pandemic freeze, albeit largely at much lower prices. Some big-ticket office properties now on sale will show just where the market is likely to bottom out and how briskly UK deal volumes will recover - especially in the hard-hit office market.
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