US stock markets closed last week with strong gains, led by the Dow, Nasdaq, and S&P 500, all maintaining levels above their rising 52-week averages. Investors are closely watching upcoming inflation reports (CPI and PPI) and earnings from tech companies like CoreWeave, Cisco, and Applied Materials to gauge the strength of AI-driven spending and the Federal Reserve's next moves. Inflation data following weaker July payrolls has lowered expectations for further rate hikes, supporting the current market rally. The week's economic releases and Fed commentary will be key to sustaining or testing this upward trend.
IBM has increased its dividend for 31 consecutive years, continuing a long-standing streak. However, the latest raise was minimal, only a penny per quarter, which does not keep pace with inflation rates around 3%. While IBM's dividend yield remains t...
Cisco Systems was upgraded from hold to buy following a 10% price decline and strong business acceleration. The company reported record fiscal year 2026 results, including 18% year-over-year revenue growth in Q4 and robust AI infrastructure orders. I...
