Reported about 1 month ago
The demand for gold bars at Costco, which has seen sales soar to around $200 million a month, highlights a broader economic message about consumer trust and the quest for stable investments. With inflation and a declining dollar influencing spending habits, gold has emerged as a surrogate for real money. Economists suggest this trend reflects deep-seated consumer anxieties and a yearning for dependable currency amidst financial uncertainty.
Source: YAHOO
Reported about 1 month ago
Tesla is set to release its Q3 earnings report on October 23, with investors anxious about production figures and future guidance after Elon Musk's recent Cybercab announcement. Meanwhile, Goldman Sachs has warned that the S&P 500 may struggle to maintain high performance in the coming decade. Additionally, Boeing is nearing a tentative agreement with the striking IAM union, coinciding with its upcoming earnings release.
Source: YAHOO
Reported about 1 month ago
This article explores three Vanguard ETFs—Vanguard S&P 500 ETF, Vanguard Total Stock Market Index Fund ETF, and Vanguard High Dividend Yield Index Fund ETF—that can generate lifetime passive income. Each ETF combines low fees with broad diversification and consistent dividend growth, making them effective investment vehicles for achieving financial independence.
Source: YAHOO
Reported about 1 month ago
Spirit Airlines' stock surged nearly 40% in premarket trading following the announcement that it has extended its debt refinancing deadline with Visa and Mastercard from Monday to December 23. Despite this spike, the airline's shares have seen almost a 90% decline in value since the beginning of the year due to challenges including an abandoned merger with JetBlue and potential bankruptcy considerations.
Source: YAHOO
Reported about 1 month ago
Goldman Sachs analysts forecast that the S&P 500 will yield an annualized return of only 3% over the next decade, a significant drop from the previous decade's 13%. This adjustment is primarily due to high market concentration among the top 10 tech companies and an anticipated contraction in GDP, leading to concerns that equity returns may lag behind bonds and inflation.
Source: YAHOO
Reported about 1 month ago
Nicolai Tangen, CEO of Norway’s $2 trillion oil fund, has raised concerns over a concentration risk in the AI stock market amidst a period of declining returns and increased geopolitical tensions. He indicated that the dominance of a few companies tied to AI innovations, particularly in semiconductors, could pose unprecedented risks to investors, as these firms account for a significant portion of the market. Despite these concerns, the fund holds substantial investments in key tech players like Microsoft and NVIDIA, pointing to a critical contrast in Europe's tech landscape versus the U.S.
Source: YAHOO
Reported about 1 month ago
Carson Block, renowned for short-selling, suggests that investors focus on buying large US stocks as increasing retirement fund inflows propel market growth. Despite concerns over valuations after new record highs for the S&P 500 Index, Block believes that steady inflows will continue, particularly for top tech stocks like Tesla and Apple. He remains skeptical about investing in China, favoring Vietnam instead, due to ongoing governance and geopolitical issues.
Source: YAHOO
Reported about 1 month ago
Nvidia's stock has surged 13% in October, contributing to a remarkable 180% year-to-date increase. Analysts are optimistic, particularly with the anticipated demand for its new AI chip, Blackwell, which could lead to significant positive results in the fourth quarter. Bank of America's Vivek Arya emphasizes that Nvidia's stock is still undervalued and presents a strong bullish case.
Source: YAHOO
Reported about 1 month ago
Source: INVESTORS
Reported about 1 month ago
Boeing is poised to incur over $1 billion in wage-related expenses with its new labor contract proposal, which includes a 35% pay increase over four years and a $7,000 ratification bonus. After a month-long strike involving 33,000 workers, the proposal aims to restore production levels while its stock saw a 4% rise amidst hopes for resolution. Analysts are cautiously optimistic, noting that while the offer is an improvement, it still falls short of union demands for a 40% increase.
Source: YAHOO
Reported about 1 month ago
US stocks, particularly tech-heavy indices like the Nasdaq, saw declines ahead of a crucial week for corporate earnings, with many major companies set to announce results. S&P 500 futures dropped about 0.3% and investors remain cautious, particularly regarding Tesla's upcoming report amid high expectations. Oil prices have rallied, coinciding with gains in Chinese stocks as the country implements new stimulus measures.
Source: YAHOO
Reported about 1 month ago
SLB, an American oilfield services firm, has announced its decision to sell its interests in the Palliser Block in Alberta, Canada, aiming to streamline operations and focus on technology-driven energy solutions. This divestment aligns with SLB's strategy to shift away from traditional oilfield assets towards innovation and decarbonization, with the finalization of the sale expected in late 2024, pending regulatory approval.
Source: YAHOO
Reported about 1 month ago
With the stock market reaching new highs, finding high-yield dividend stocks is challenging. However, Ares Capital and EPR Properties stand out, offering attractive yields of 8.9% and 9.3%, respectively. Ares Capital, a leading business development company, benefits from a diversified portfolio and a strong credit rating, while EPR Properties, focused on entertainment and recreation, is poised for growth despite recent pressures. Investing in these stocks could enhance long-term passive income.
Source: YAHOO
Reported about 1 month ago
在Costco购物时，选择合适的时间可以避免人潮和提升效率。最佳时间为工作日的任何时候，避开下午4点到7点的高峰期；而周末则是最差的购物时机，尤其是上午11点到下午4点，商场通常挤满了顾客。为了更好的购物体验，建议使用Costco移动应用程序进行购物清单管理，并尽量选择网上购物或通过Instacart送货，以避免拥挤。
Source: YAHOO
Reported about 1 month ago
U.S. stocks are experiencing pressure as they secure their sixth consecutive week of gains, with a focus on upcoming earnings reports from major companies, starting with Tesla. Meanwhile, Boeing has successfully negotiated a tentative agreement with its striking workers ahead of its third-quarter results.
Source: YAHOO
Reported about 1 month ago
Super Micro Computer (NASDAQ: SMCI) had a tumultuous year in 2024, witnessing an initial surge in stock prices followed by declines due to profit-taking, a disappointing earnings report, and allegations of accounting fraud leading to a DOJ investigation. Despite these concerns, demand for its AI computing products has soared, resulting in a remarkable 143% revenue increase year-over-year to $5.3 billion in Q4 FY 2024. Management projects revenue could grow to between $26 billion and $30 billion for FY 2025, but declining gross margins and investigations into financial practices raise red flags for potential investors. Although the stock offers risks, it also presents an opportunity for long-term growth in an increasingly AI-driven market.
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Barclays analyst Brandon Oglenski has downgraded UPS to Underweight, citing persistent challenges, including a weak freight environment and potential volume losses from Amazon. UPS shares are down 14% this year, lagging behind FedEx's performance, owing to increasing lower-margin e-commerce volumes and a surprise earnings miss earlier. With third-quarter earnings approaching, further negativity is anticipated.
Source: YAHOO
Reported about 1 month ago
In London's High Court, lawyers for thousands of victims of the 2015 Mariana dam collapse in Brazil are accusing BHP of attempting to evade responsibility for the disaster, which resulted in 19 fatalities and extensive environmental damage. The lawsuit, potentially worth $47 billion, is one of the largest in English legal history, with BHP disputing liability and arguing that the case duplicates efforts in Brazil. The trial is set to last 12 weeks, during which the legitimacy of the claims and the role of BHP will be assessed amidst ongoing negotiations for a separate compensation deal.
Source: YAHOO
Reported about 1 month ago
The Vanguard S&P 500 Growth ETF (VOOG) has significantly outperformed the S&P 500 this year, driven by a strong concentration in top growth stocks like Apple and Microsoft. With its focus on companies with high growth potential and a balanced portfolio that includes traditional value stocks, analysts believe the ETF could maintain its success into 2025. Investors are advised to adopt a long-term perspective, recognizing the inherent volatility of growth-based investments.
Source: YAHOO
Reported about 1 month ago
General Motors (GM) and Ford Motor are preparing to report quarterly results amid concerns from investors regarding their pricing power in the gasoline car market and ongoing losses from electric vehicle (EV) investments. GM, which reports on October 22, has seen a rise in share prices attributed to strong gas-powered vehicle sales, while Ford struggles with quality issues and significant EV losses, leading to an 8% drop in its share value. Both automakers are pivoting towards higher-margin gasoline models as they grapple with market uncertainties and changing consumer preferences, which may affect their future profitability.
Source: YAHOO