Author: businessinvestopedia.com

Mike Tirico on the set of NBCUniversal’s Paris 2024 Olympic Games coverage in Paris, France on August 4, 2024. Christy Sparrow | Getty ImagesComcast NBCUniversal has been betting on the Olympics for years, but this summer the company poured all its resources into the games, particularly in an effort to drive viewership for its growing streaming platform Peacock.So far, it seems to be working: More than 30 million people watched the game on NBC’s television and streaming platforms, generating a record $1.2 billion in advertising revenue.NBC executives have touted the Olympics as a growth driver and differentiator amid growing competition…

India’s blue-chip indexes Nifty50 and Sensex hit fresh record highs on Friday, led by gains in financial and IT stocks after US economic data eased growth concerns.The benchmark NSE Nifty 50 rose 0.33% to 25,235.9 and the S&P BSE Sensex rose 0.28% to 82,365.7, marking a 1.6% gain for the week and about 1% for August as a whole, marking the third consecutive weekly and third monthly gain.Analysts are predicting the market trends as follows:”Bulls are in complete control of the market at the moment and are entering buying positions on every dip. Support for Nifty currently lies at 25,175-200…

With the Federal Reserve expected to cut interest rates in September, dividend-paying stocks could be outperformers.That’s because the dividend yields on these stocks look more attractive compared to the returns offered by other income-generating assets, including bonds.Given the sheer number of companies that pay dividends, it can be difficult for investors to choose the right stocks. Investors may need to consider the recommendations of top analysts when choosing attractive dividend stocks with good financial standing.Here are three dividend stocks that are attracting attention from top Wall Street pros on TipRanks, a platform that ranks stocks based on analysts’ past performance.EPR…

State-run NBCC (India) Ltd on Saturday said its board of directors has approved issue of bonus shares to eligible shareholders in the ratio of 1:2 and will utilise free reserves of Rs 900 crore for the purpose.The company informed in a regulatory filing that the board of directors has approved the issue of bonus shares and fixing the record date. “The board has recommended issue of bonus shares to eligible shareholders as on the record date in the ratio of 1:2, i.e. one new fully paid-up equity share of Rs 1 for every two existing equity shares,” the company said…

As the storm subsides, the Hollywood sign comes into view.Mario Tama | Getty Images News | Getty ImagesFor over 100 years, Hollywood has been transporting audiences to worlds outside their own, from the polished streets of New York City to the yellow bricks of the Land of Oz. With hundreds of acres across Los Angeles dedicated to crafting stories for screens from the biggest to the smallest, film studios are offering more ways than ever before for movie fans to get a behind-the-scenes glimpse at how and where the magic is made.”Touring the studios, going to the places where these…

Possession isn’t always what you expect it to be.According to a report from Intuit Credit Karma, more Americans are choosing to rent everything from cars and apartments to clothes and furniture these days for a variety of reasons, including affordability.In recent years, the rental industry has expanded far beyond traditional tuxedos to include power tools, musical instruments, designer handbags, baby products and even funeral caskets.Currently, 28% of adults regularly rent goods or services, according to a Credit Karma survey, but when you factor in housing, that number jumps to 47%. A June survey of more than 2,000 adults found that…

Goldman Sachs said this week that there are plenty of stocks with perfect stock prices. But the Wall Street investment bank recently named five other companies that analysts say still have plenty of growth potential. CNBC Pro combed through Goldman Sachs research to find some undervalued buy recommendations. These include Workday, CrowdStrike, CAE, BJ’s Wholesale Club and Ducommun. CAE analyst Noah Poponac said the Canadian training and simulation provider for pilots, flight attendants, maintenance technicians and ground crew has fallen in stock price, leading to a buy recommendation. Goldman said the stock price has been unfairly depressed by struggles in…

Foreign portfolio investors (FPIs) were net buyers of Indian equities in August, purchasing shares worth Rs 7,320 crore. As of 2024, their total investments stand at Rs 42,886 crore.In July, FPIs bought domestic equities worth Rs 32,365 crore, while in June it was net purchases of Rs 26,565 crore. In April and May, they sold equities worth Rs 8,671 crore and Rs 25,586 crore, respectively, resulting in net sales. In February and March, they bought net purchases of Rs 1,539 crore and Rs 35,098 crore. In January, they started the year on a negative note, selling equities worth Rs 25,744…

Stocks rose on Wall Street, with the Dow Jones Industrial Average closing at a record high for a second straight day on Friday. Tesla and Amazon shares rose after the latest U.S. economic data stoked hopes that the Federal Reserve will cut interest rates slightly in September.U.S. consumer spending rose steadily in July, suggesting the economy remains strong while prices are rising modestly. “Investors are once again seeing signs of a soft landing,” said Cameron Dawson, chief investment officer at NewEdge Wealth. “This is one of those Goldilocks reports that really hits the middle of the needle – the market…

The cryptocurrency industry has been pleading for issue-specific legislation in the U.S. for years, hoping that such legislation would give clear permission for companies to develop and issue tokens, manage blockchain networks, and operate without fear of regulatory intervention. The closest Congress has come so far is the House bill “Financial Innovation and Technology for the 21st Century Act,” sponsored by Financial Services Committee Chairman Patrick McHenry, RN.C. With only a limited number of working days left this year, it’s unlikely that a cryptocurrency bill will pass the Senate. Here’s what could happen and some of the potential roadblocks.