Reported 3 months ago
Goldman Sachs predicts that gold prices could reach $4,000 per ounce by mid-2026, positioning it as a better hedge against inflation than Bitcoin. Analyst Daan Struyven cites limited supply and increased demand amid inflation concerns, highlighting gold's stability compared to Bitcoin's volatility. While both assets share scarcity, Struyven warns that Bitcoin's fluctuating nature and close ties with tech stocks make it a less reliable choice for investors during uncertain times.
Source: YAHOO
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Stellantis has appointed Antonio Filosa as its new CEO following a tumultuous year marked by significant financial setbacks, including a 14% revenue dip in Q1 2025 and a 70% net profit decrease in 2024. Filosa, who has been with the company since its formation in 2021 and has extensive experience in North and South America, will take over leadership on June 23, aiming to stabilize the automaker and address quality concerns while focusing on growth in the U.S. market.
Source: YAHOO
Reported 3 months ago
Markel Insurance has introduced specialized financial institutions (FI) solutions in Australia, led by senior underwriter Lan Pham. This includes localized insurance policies tailored for the financial sector, catering to various entities such as banks and fintech companies. This move follows their launch of professional indemnity solutions last year, reflecting Markel's commitment to expand its specialty insurance offerings in the Australian market.
Source: YAHOO
Reported 3 months ago
The rapid appreciation of home prices has led many buyers to stretch their budgets too far. Key signs indicate you've overextended in your home purchase include spending too much of your income on housing, failing to budget for maintenance and repairs, and having more space than you use. To regain control, consider optimizing your ownership costs, renting out extra space, or taking on a side hustle to alleviate financial pressure.
Source: YAHOO
Reported 3 months ago
Elanco, an animal health care company, is reaffirming its financial guidance for the upcoming quarters while announcing a new CFO to drive growth. CEO Jeff Simmons discussed the rapidly growing pet care market and the company's strategies during an interview on Bloomberg.
Source: YAHOO
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Doug Clinton, CEO and Founder of Intelligent Alpha, discusses Nvidia's upcoming earnings report and the ongoing AI arms race, emphasizing the company's strong position in the market.
Source: YAHOO
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
President Trump's involvement in cryptocurrency has raised its profile among uncertain investors, but it also complicates stablecoin regulation efforts. While the administration aims to legitimize crypto, ethical concerns persist as Trump's activities may delay important legislation. As more mainstream companies consider stablecoins, the conflicting dynamics of Trump's crypto initiatives pose challenges to regulatory progress.
Source: YAHOO
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
BGN Group, a family-owned energy company based in Geneva with a significant operational presence in Houston, is currently the largest off-taker of Liquefied Petroleum Gas (LPG) in the U.S. and a key player in the global energy market, operating in 120 countries. With a strategic focus on sustainable energy and innovative partnerships, the company aims to enhance its profile in the U.S. while supporting a transition to lower-carbon emitting products. Under the leadership of Ruya Bayegan, BGN's efforts in renewable energy and transition fuels are crucial for achieving its ambitious growth and sustainability goals.
Source: YAHOO
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Investment bank Cantor Fitzgerald remains optimistic about Microsoft Corporation (NASDAQ:MSFT), citing the company's substantial strides in AI technology. They have set a $512 price target and an Overweight rating, praising Microsoft's new AI products including updates to M365 Copilot and Azure's cloud offerings. Cantor anticipates that Microsoft will soon be recognized as a leader in agentic AI, while also acknowledging that some other AI stocks could offer potentially higher returns.
Source: YAHOO
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
Source: WSJ
Reported 3 months ago
Dale Smothers, a veteran investor and CEO of RDS Wealth, advises that Apple Inc. (AAPL) should be purchased during market downturns. Despite current volatility due to tariff threats and anti-trust lawsuits, he believes these issues will subside and that AAPL remains a stable investment as more households and businesses adopt its products.
Source: YAHOO
Reported 3 months ago
Broadcom Inc. (NASDAQ:AVGO) is reportedly increasing its market share in the AI-chip sector as major tech companies like Amazon and Alphabet produce their own chips, reducing their reliance on Nvidia (NASDAQ:NVDA), according to Gil Luria of DA Davidson. Companies such as Tesla, Meta, and Microsoft are also developing their AI chips with Broadcom's assistance, presenting new growth opportunities for the company. Recently, Broadcom's stock has risen significantly, climbing 22% in the last month.
Source: YAHOO
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Investor Josh Brown highlighted Snowflake Inc. (NYSE: SNOW) as one of his top market picks during a CNBC appearance, noting its strong recent performance after a three-year decline. He pointed out that the company's fundamentals are improving, with impressive first-quarter earnings and a notable increase in high-value customers. Despite acknowledging Snowflake's potential, some believe other AI stocks may offer even greater returns.
Source: YAHOO
Reported 3 months ago
Alphabet Inc. (GOOG) is gaining attention for its new AI-powered video technology, Veo3, which has seen a surge in interest, according to stock researcher Jessica Inskip. With over 500 million users across 15 products featuring its Gemini AI system, and its involvement in blockchain through Google Cloud, GOOG stock presents attractive investment potential. Despite a slight price dip in recent months, Inskip highlights that GOOG is a strong player in the evolving tech landscape.
Source: YAHOO
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Source: WSJ
Reported 3 months ago
Kingfisher, the parent company of B&Q and Screwfix, announced a 5.9% increase in its UK & Ireland sales for Q1 FY25/26, totaling £1.73bn, driven by favorable weather conditions and strong seasonal sales. The company's overall sales reached £3.31bn, reflecting a reported growth of 1.6%. While B&Q saw a notable 7.4% increase, Screwfix rose by 4.1%. However, Kingfisher faced a decline in sales in France and Poland, attributing some market volatility to geopolitical factors. E-commerce sales also grew, accounting for 20% of total sales, as the company remains focused on strategic growth amidst mixed consumer sentiment.
Source: YAHOO