With a net profit margin of 22.31%, QUALCOMM Incorporated (NASDAQ:QCOM) is included among the 10 Most Profitable Dividend Stocks to Invest In Now. On June 5, JPMorgan raised its price recommendation on QUALCOMM Incorporated (NASDAQ:QCOM) to $265 from $160. It reiterated a Neutral rating on the shares ahead of the company’s investor day scheduled for June […]
With a net profit margin of 22.31%, QUALCOMM Incorporated (NASDAQ:QCOM) is included among the 10 Most Profitable Dividend Stocks to Invest In Now. On June 5, JPMorgan raised its price recommendation on QUALCOMM Incorporated (NASDAQ:QCOM) to $265 from $160. It reiterated a Neutral rating on the shares ahead of the company’s investor day scheduled for June […]
Shares of memory chips maker Micron (NASDAQ:MU) jumped 7.9% in the afternoon session after investor optimism in the AI memory sector improved, sparked by Nvidia's announcement of a multi-year technology partnership with peer SK Hynix.
Shares of memory chips maker Micron (NASDAQ:MU) jumped 7.9% in the afternoon session after investor optimism in the AI memory sector improved, sparked by Nvidia's announcement of a multi-year technology partnership with peer SK Hynix.
Khairussaleh Ramli, President and Group CEO at Maybank, says the Johor-Singapore special economic zone will drive further expansion, with Malaysia’s biggest lender having facilitated about $4.9 billion in financing and investments in the area in the past couple of years. He speaks with Shery Ahn and Haidi Stroud-Watts from the sidelines of the Invest Malaysia conference in Kuala Lumpur. (Source: B...
Khairussaleh Ramli, President and Group CEO at Maybank, says the Johor-Singapore special economic zone will drive further expansion, with Malaysia’s biggest lender having facilitated about $4.9 billion in financing and investments in the area in the past couple of years. He speaks with Shery Ahn and Haidi Stroud-Watts from the sidelines of the Invest Malaysia conference in Kuala Lumpur. (Source: Bloomberg)
Cloud and database company Oracle (NYSE: ORCL) reports fiscal fourth-quarter results -- covering the period ended May 31 -- after the market close on Wednesday, June 10. And the revenue and earnings headlines may not be what moves the stock. The figure investors will arguably zero in on is Oracle's remaining performance obligations (RPO), or the dollar value of signed contracts not yet recognized ...
Cloud and database company Oracle (NYSE: ORCL) reports fiscal fourth-quarter results -- covering the period ended May 31 -- after the market close on Wednesday, June 10. And the revenue and earnings headlines may not be what moves the stock. The figure investors will arguably zero in on is Oracle's remaining performance obligations (RPO), or the dollar value of signed contracts not yet recognized as revenue, which has become one of the clearest gauges of how much demand there really is for AI computing. Even more, this report is timely. AI and chip stocks have sold off over the past week, and Oracle itself slid nearly 10% on June 5. And as of this writing, shares trade near $212 -- well below 52-week highs of more than $345 but up sharply from a low near $150 in February. It has been a volatile round trip for the stock, and the backlog is a big reason. Continue reading
Hong Kong will launch a two-month public consultation on Monday on its first five-year blueprint to align the city’s development with the national plan, Chief Executive John Lee Ka-chiu has announced. Lee said on Tuesday the consultation would begin on June 15, marking what he described as a historic milestone for the city. “The formulation of Hong Kong’s first five-year plan is a historic step an...
Hong Kong will launch a two-month public consultation on Monday on its first five-year blueprint to align the city’s development with the national plan, Chief Executive John Lee Ka-chiu has announced. Lee said on Tuesday the consultation would begin on June 15, marking what he described as a historic milestone for the city. “The formulation of Hong Kong’s first five-year plan is a historic step and is of great significance,” he said. “We hope to gather everyone’s views, listen to the people and...
Tippapatt/iStock via Getty Images Portfolio Observations The Gabelli Global Growth Fund returned (7.6)% during the first quarter, compared with a (3.1)% return for the MSCI All Country World Index ( ACWI ) and a (9.9)% return for the Russell 1000 Growth Index ( IWF ). During the quarter, we added to existing positions in Amphenol Corp. ( APH ) (0.8% of net assets as of March 31, 2026), Applied Mat...
Tippapatt/iStock via Getty Images Portfolio Observations The Gabelli Global Growth Fund returned (7.6)% during the first quarter, compared with a (3.1)% return for the MSCI All Country World Index ( ACWI ) and a (9.9)% return for the Russell 1000 Growth Index ( IWF ). During the quarter, we added to existing positions in Amphenol Corp. ( APH ) (0.8% of net assets as of March 31, 2026), Applied Materials Inc. ( AMAT ) (1.1%), Howmet Aerospace Inc. ( HWM ) (1.0%), and Keyence Corp. ( KYCCF ) (2.1%). We initiated a new position in Fanuc Corp. ( FANUY ) (0.6%). Our largest position decreases in the quarter were Cadence Design Systems Inc. ( CDNS ) (0.7%), Oracle Corp. ( ORCL ) (0.9%), and Intuit Inc. ( INTU ) (0.7%). We did not eliminate any names from the portfolio in the quarter. For the first quarter our top five contributors to performance (based upon price change and position size) were GE Vernova Inc. ( GEV ) (4.2%), ASML Holding N.V. ( ASML ) (2.7%), Eaton Corporation plc ( ETN ) (2.3%), Applied Materials Inc. (1.1%), and Linde plc ( LIN ) (1.1%). On the flip side, the largest detractors from performance for the quarter were Microsoft Corp. ( MSFT ) (4.2%), Eli Lilly & Co. ( LLY ) (4.4%), Boston Scientific Corp. ( BSX ) (1.3%), LVMH Moët Hennessy Louis Vuitton SE ( LVMUY ) (1.3%), and Amazon. com Inc. (4.5%). The Gabelli Global Growth Fund At a sector level, we ended the quarter with overweight exposures in Industrials (17% of portfolio assets vs. 12% in the benchmark), Information Technology (29% of portfolio assets compared with 26% in the benchmark), and Communications Services (12% of portfolio assets compared with 9% in the benchmark). Our largest sector underweights at quarter-end included Energy (0% of portfolio assets vs. 5% in the benchmark) and Consumer Staples (1% of portfolio assets vs. 6% in the benchmark). Our Fund remains fairly concentrated with positions in 47 companies as of the end of the quarter. The top five holdings represent 25% of portfoli...