Reported about 2 months ago
This article highlights six 'bad assets' that may appear attractive but can actually jeopardize your financial stability as you approach retirement. From new cars that depreciate quickly to costly timeshares and risky lottery tickets, the author warns against investments that may drain your resources instead of building a secure portfolio. It emphasizes the importance of discerning between valuable assets and liabilities to enhance one's prospects for a financially sound retirement.
Source: YAHOO
Reported about 2 months ago
Financial literacy is surprisingly low among American adults, with many intelligent individuals making poor money decisions due to biases like authority bias, confirmation bias, and overconfidence bias. Financial expert Humphrey Yang emphasizes the importance of recognizing these biases, striving for objectivity, asking deeper questions about financial motivations, and sticking to simpler investment strategies to mitigate the risk of making detrimental financial choices.
Source: YAHOO
Reported about 2 months ago
Taiwan Semiconductor Manufacturing Company (TSMC) has announced a groundbreaking $100 billion investment to expand its advanced chip packaging facilities in Arizona, highlighting the crucial role of packaging technology in the race for AI supremacy between the US and China. Advanced packaging allows multiple chips to be integrated closely, ensuring efficient performance for AI applications while reducing supply chain risks. As demand for these technologies surges due to the AI boom, both TSMC and US tech firms stand to benefit from a complete supply chain that enhances competitiveness in AI chip production.
Source: YAHOO
Reported about 2 months ago
The nuclear energy sector is experiencing a revival driven by increasing energy demands from the AI revolution, with companies like Constellation Energy (CEG), Oklo (OKLO), and NuScale Power (SMR) at the forefront. CEG recently secured a significant long-term deal with Meta for power supply, Oklo is innovating with small modular reactors, and NuScale has gained regulatory approval for its designs. Each faces challenges but stands to benefit from the projected quadrupling of nuclear capacity by 2050 and tech giants' growing reliance on reliable energy sources.
Source: YAHOO
Reported about 2 months ago
As retirement approaches, it's crucial for retirees to ensure their legal and financial documents are up-to-date for 2025. Estate planners emphasize the importance of having five core legal documents: a last will, durable power of attorney, advance healthcare directive, HIPAA release form, and potentially a revocable living trust. Additionally, retirees should establish powers of attorney for healthcare and finances, create a long-term care plan, update beneficiary designations, use a digital estate planning platform for document management, and implement a secure password management system to facilitate access for loved ones.
Source: YAHOO
Reported about 2 months ago
Source: BARRONS
Reported about 2 months ago
CoreWeave, a new AI cloud computing company that went public in March 2025, has seen explosive growth with first-quarter revenue soaring over 400% year-over-year, reaching nearly $982 million. Despite its promising potential and a revenue backlog of $25.9 billion, the company is operating at a loss with significant debt. Given its high stock valuation and financial risks, only investors with a high-risk tolerance should consider buying shares, while others may want to observe the company's performance in upcoming quarters.
Source: YAHOO
Reported about 2 months ago
Codie Sanchez reveals a powerful wealth-building strategy used by the rich: transforming every expense into an income stream. By investing in related businesses, such as vending machines or cleaning services, she generates income while reducing her costs. Sanchez emphasizes that even those with limited funds can invest using seller financing or loans. Her approach encourages a mindset shift that can lead to greater financial success.
Source: YAHOO
Reported about 2 months ago
With a longstanding commitment to artificial intelligence, Alphabet (Google's parent company) is positioned to benefit significantly from the ongoing AI boom. The company has been utilizing AI technology for decades, and its recent announcements, including tools like Agent Mode and advancements in Google Cloud, highlight its strategic focus on AI. An attractive valuation with shares trading at a 22% discount to the S&P 500 makes it a compelling option for investors ready to invest $3,000 and hold for the long term.
Source: YAHOO
Reported about 2 months ago
SoFi Technologies and Robinhood Markets are two prominent players in the fintech space, with SoFi focusing on a diversified financial services model and Robinhood thriving on its commission-free trading platform. SoFi has seen substantial growth with net revenue up 33% and EPS increasing 200%, while Robinhood's net revenue rose by 50%, driven largely by the booming cryptocurrency market. Despite Robinhood's recent impressive surge, SoFi appears better positioned for steady growth, making it a more compelling investment opportunity according to some market analysts.
Source: YAHOO
Reported about 2 months ago
Source: INVESTORS
Reported about 2 months ago
Veteran hedge fund manager Doug Kass revises his S&P 500 forecast, suggesting a potential 15% drop in 2025 due to ongoing uncertainties and tensions between Elon Musk and Donald Trump. Their recent public fallout, stemming from competing political ambitions and business strategies, highlights a volatile environment for investors. Kass anticipates continued market fluctuations influenced by social, political, and economic factors, urging caution as he sees greater downside risk compared to potential rewards.
Source: YAHOO
Reported about 2 months ago
On Friday, Fortuna Mining Corp. (NYSE:FSM) saw its share prices drop by 3.65% to $7.13 as investors engaged in profit-taking after a prior surge. This decline coincided with a 1.26% decrease in spot gold prices, despite silver remaining stable with a 0.92% gain. The company reported a significant 130% increase in net income for the first quarter of the year, indicating ongoing growth. Fortuna is set to hold its annual shareholders' meeting on June 26 in Vancouver.
Source: YAHOO
Reported about 2 months ago
Newmont Corporation (NEM) experienced a 3.94% drop in its stock price, closing at $52.36, marking its fourth consecutive day of losses due to declining gold prices, which fell 1.26% to $3,310.42 per troy ounce. Despite a significant rise in net income for the first quarter, the company's stock performance ranked it as one of the worst-performing stocks on Friday.
Source: YAHOO
Reported about 2 months ago
On Friday, The Mosaic Company (NYSE:MOS) saw its shares decline by 4.40% after announcing a downward revision in its production forecasts for 2025, impacting investor confidence. The company reduced its phosphate sales estimate for Q2 to 1.5-1.6 million tons from a previous target of 1.7-1.9 million. This was compounded by delays in new gypsum handling systems and extended downtimes at its facilities, causing production to fall short of expectations, placing MOS among the worst-performing stocks of the day.
Source: YAHOO
Reported about 2 months ago
Samsara Inc. (NYSE:IOT) experienced a 4.55% drop in its stock price on Friday, closing at $45.10, following the sale of substantial shares by CEO Sanjit Biswas and another major shareholder, John Bicket. Biswas sold $160,000 worth of shares, while Bicket disposed of $170,000 in shares during the same period. Despite this setback, Samsara reported a 60.7% reduction in net losses for Q1 FY2026 and a year-over-year revenue increase of 30.69%. The company remains optimistic about revenue growth in the upcoming quarter and full fiscal year.
Source: YAHOO
Reported about 2 months ago
Broadcom Inc. (NASDAQ:AVGO) experienced a considerable decline in share price, falling 5% to $246.93 just two days after reporting record earnings for Q2 2025, which included $4.965 billion in net income and $15 billion in revenue. Despite strong growth in AI semiconductor solutions, investors appeared to have anticipated the earnings report, resulting in AVGO being ranked as one of the worst-performing stocks of the day. The company also announced a cash dividend of $0.59 per share payable at the end of June.
Source: YAHOO
Reported about 2 months ago
Equinox Gold Corp. (NYSEAmerican:EQX) experienced a 5.06% decline in its stock price on Friday, finishing at $6.94, primarily due to falling gold prices, which decreased by 1.26% that day. The company recently announced a $1.8 billion merger with Calibre Mining Corp., which would increase its producing mines to nine and potentially position it as Canada’s largest gold miner upon completion. Despite its potential, some analysts believe other AI stocks might offer better investment opportunities.
Source: YAHOO
Reported about 2 months ago
Harmony Gold Mining Company Limited (HMY) experienced a 5.27% drop in its share price on Friday, closing at $14.56, following the death of a mine worker, the 10th fatal incident this year. This incident raised alarms among investors regarding the company's safety measures, despite its ongoing commitment to achieving zero harm since 2016. HMY ranks 4th on the list of the worst-performing stocks from Friday, raising questions about its investment potential compared to other stocks in the market.
Source: YAHOO
Reported about 2 months ago
Braze, Inc. (NASDAQ:BRZE) experienced a substantial decline of 17.65% in its share price on Friday, closing at $29.73. This drop followed a lackluster first quarter earnings report for fiscal year 2026, where the company reported a net loss of $35 million despite a 20% increase in revenues to $162 million. For the upcoming quarter, Braze projects revenues between $171 million and $172 million and recently appointed Ed McDonnell as its new chief revenue officer, aiming to strengthen its position in the customer engagement sector.
Source: YAHOO
Reported about 2 months ago
DocuSign, Inc. experienced a significant drop in share prices of 18.97% on Friday, closing at $75.28 after the company revised its full-year billing outlook downward, now expecting between $3.285 billion and $3.339 billion. This forecast change follows a transition to an AI-driven agreement platform, which impacted early renewals more severely than anticipated, as noted by CEO Allan Thygesen. Despite a notable increase in net income and revenue growth during the first quarter, DocuSign ranks as one of the worst-performing stocks from that day.
Source: YAHOO
Reported about 2 months ago
Lululemon Athletica Inc. (LULU) experienced a significant decline of 19.8% in its stock price on Friday, closing at $265.27 after releasing disappointing earnings that revealed a 2% decrease in net income for the first quarter. Despite a 7% increase in net revenues, the company's outlook for the second quarter and full year led major financial institutions like JPMorgan and UBS to lower their price targets significantly. LULU topped the list of the worst-performing stocks that day.
Source: YAHOO
Reported about 2 months ago
随着退休临近，许多人想知道在60岁时成为顶尖1%的净资产要求。根据美联储的数据，美国60多岁和70岁初的人的中位数净资产为266,400美元，而进入顶尖1%通常需要超过1,100万美元。个人理财专家指出，由于生活成本、医疗费用和通货膨胀等因素，该门槛可能会更高。虽然全球范围内，百万元可以使某些地方的居民进入顶尖1%，但在美国，必须考虑更多的资产以确保生活质量和未来的财务自由。
Source: YAHOO
Reported about 2 months ago
In May, Nebius Group's shares surged 61.7% following the company's first-quarter earnings report, showcasing extraordinary revenue growth of 385%. The rebranded company, which transformed from Yandex in 2024 to focus on AI, also made significant investments, including a majority stake in AI data start-up, Toloka. The strong quarterly results and broader AI market recovery contributed to its impressive performance, with continued optimism as it further expands its operations in the AI arena.
Source: YAHOO
Reported about 2 months ago
IREN Ltd. (NASDAQ:IREN) experienced a significant share price increase of 8.94% on Friday, closing at $9.75, following a record Bitcoin mining performance in May, where it mined 627 Bitcoins and generated $64.8 million in revenue. The company also reported an impressive 181% growth in net income for the third quarter of fiscal year 2025, highlighting its strong position in the market. Despite its success, experts suggest that other AI stocks may offer better investment potential.
Source: YAHOO