Dividend Trends
The Schwab U.S. Dividend Equity ETF (SCHD) has been a popular choice for income-minded investors, with a low expense ratio of 0.06% and a focus on companies with durable dividends [1]. However, monthly dividend growers have outperformed SCHD by 38% over the last decade. NVDA is one such company that has been making waves in the dividend space.
Tech Updates
Google is paying $920 million per month to SpaceX, and NVDA is positioned to benefit from this partnership [2]. Meanwhile, TSLA has reportedly cracked the self-driving technology challenge, with Piper Sandler analyst Alexander Potter believing the company has achieved Level 4 autonomous driving capability [3]. Key factors supporting this view include the company's ability to overcome technological hurdles and its progress in developing Full Self-Driving (FSD) technology.
Fed Outlook
The Fed's June FOMC meeting is likely to mark a pivotal shift in monetary policy, with a potential removal of easing bias and a signal that rate cuts are no longer imminent [4]. This could have significant implications for the markets, particularly for the SPY. Investors will be watching closely to see how the Fed's decision affects the overall economic landscape.