Reported 9 days ago
President Trump recently unveiled new 24-karat gold accents in the Oval Office amid record gold prices, raising questions about gold investment as a safe haven during economic uncertainty. While some predict further increases in gold's value, potential investors are advised to weigh the risks and consider various investment options such as gold ETFs, mutual funds, and mining companies, while consulting financial experts.
Source: YAHOO
Reported 9 days ago
Bill Smead, chief investor of Smead Capital Management, cautions that the current enthusiasm for AI stocks resembles a bubble, drawing parallels to the dot-com crash. He notes that major AI firms are significantly overvalued, with potential for steep declines when the market corrects. Smead advocates for investors to diversify their portfolios and focus on stable sectors to mitigate risks and prepare for inevitable market shifts.
Source: YAHOO
Reported 9 days ago
Amid a surge in artificial intelligence and high-performance computing, crypto mining companies are pivoting away from Bitcoin mining, leading to substantial growth in their stock prices. Companies like Cipher Mining and IREN Ltd. have seen their shares soar by 300% and 500% respectively this year as they focus on AI infrastructure, marking a significant shift in how these firms are valued. As the profitability of Bitcoin mining declines, the emphasis is now on utilizing energy efficiency in AI and HPC, raising doubts about the future expansion of Bitcoin's mining capacity.
Source: YAHOO
Reported 9 days ago
Nexperia's China unit asserts its independence from its Dutch parent company, claiming it continues to operate normally, with employees receiving salaries and adhering to Chinese laws. This comes after the Dutch government took control of Nexperia and removed its Chinese CEO amid concerns over technology transfer. Despite the tensions, Nexperia maintains that it is committed to its operations and employees in China, while the global automotive and electronics industries express concerns over potential chip shortages.
Source: YAHOO
Reported 9 days ago
CEO Tony Spring is leading Macy’s through a significant transformation as the company attempts to regain lost customer loyalty. By acknowledging past shortcomings and focusing on retail fundamentals—such as better staffing, improved store aesthetics, and appealing new brands—Spring aims to revitalize the shopping experience. Initial indicators show promise, with Macy’s reporting its best sales performance in years, highlighting a renewed commitment to listening to customers and elevating the departmental experience.
Source: YAHOO
Reported 9 days ago
The European Union is under pressure to protect its industries from competitive threats posed by the US and China, which have undermined its economic stability. Despite recent measures to respond, EU officials warn that the bloc's efforts may be insufficient without a coherent, forward-looking strategy. As the geopolitical landscape shifts, EU leaders are expected to discuss ways to enhance autonomy and reduce dependencies, but the window for effective action is rapidly closing.
Source: YAHOO
Reported 9 days ago
Millions of seniors enrolled in Medicare Advantage plans should be prepared for reduced benefits, increased premiums, and fewer plan options in 2026. The open enrollment period allows beneficiaries to review their coverage options before the changes take effect. Insurers are expected to cut many plans, limit networks of providers, and raise out-of-pocket costs. It's crucial for seniors to carefully evaluate their choices, confirm provider participation, and be aware of new eligibility impacts, especially if they have chronic conditions or are low-income.
Source: YAHOO
Reported 9 days ago
Former US Treasury Secretary Lawrence H. Summers has expressed concerns regarding Trump's unconventional strategy to stabilize Argentina's peso. He highlights risks associated with fast-growing private credit and inadequate safeguards in a US intervention, suggesting that without IMFs-style support, the plan may lead to significant financial instability.
Source: YAHOO
Reported 9 days ago
BYD stock has dropped 20% since May amid rising regulatory uncertainties and a slowing Chinese economy, even as the company aims to expand its international sales through partnerships like one with Uber. Warren Buffett recently sold his entire stake in BYD, highlighting concerns over its heavy reliance on the domestic market. Despite its impressive production capabilities and recent deals aimed at entering new markets, investors are cautioned to consider the different dynamics between BYD and competitors such as Tesla before making any investment decisions.
Source: YAHOO
Reported 9 days ago
This article discusses how investors can generate a monthly income of $100, or $1,200 annually, by investing in Simon Property Group Inc. (NYSE:SPG). With a dividend yield of 4.87%, investors would need to acquire approximately $24,641 in shares, or about 140 shares priced at $175.46 each. The company is well-regarded for its real estate investments across various regions and has recently raised its dividends, positioning it favorably for income-focused investors.
Source: YAHOO
Reported 9 days ago
Source: INVESTORS
Reported 9 days ago
Tesla is set to release its Q3 earnings on October 22, with projected revenue of $26.27 billion and adjusted earnings of $0.53 per share. Investors are keen to hear from CEO Elon Musk about recent sales, especially in China, and the introduction of more affordable models. The company has seen a record 497,000 EVs sold in Q3, and there is also anticipation regarding developments in robo taxis and the use of Nvidia chips for AI training.
Source: YAHOO
Reported 9 days ago
Steinway & Sons, a 150-year-old piano manufacturer located in Queens, New York, showcases how high-quality, handcrafted production can thrive amidst modern manufacturing challenges. Unlike many U.S. manufacturers facing issues like rising costs and skill shortages, Steinway maintains a dedicated workforce of around 200 craftsmen who produce world-class pianos without mass production. By focusing on quality and leveraging domestic materials, Steinway has effectively navigated trade wars and tariffs, positioning itself as a beacon of hope for American manufacturing's future, despite broader industry job losses.
Source: YAHOO
Reported 9 days ago
BlackRock, the world's largest asset manager with $10 trillion in assets, has reported significant growth in its exchange-traded funds (ETFs), highlighting its digital assets ETPs and active ETFs. CEO Larry Fink announced that these categories surged to over $100 billion and $80 billion respectively in 2023. Notable products include the iShares Bitcoin ETF (IBIT), which has become the largest crypto ETF despite recent market fluctuations, and the iShares Ethereum ETF (ETHA), further demonstrating BlackRock's success in adapting to market demands.
Source: YAHOO
Reported 9 days ago
An Illinois woman insists on keeping $75,000 in cash at home in a safe for peace of mind, but financial experts from The Ramsey Show warn that this scarcity mindset poses greater risks, including theft and inflation. They suggest that securing funds in a high-yield savings account or consulting an estate planning attorney would be wiser decisions to ensure financial safety and stability.
Source: YAHOO
Reported 9 days ago
In 2025, small-cap stocks represented by the Russell 2000 have been gaining traction, reflecting a notable 10% increase. However, they still trail behind the S&P 500, which has risen over 13%. The Russell 2000’s performance is largely driven by speculative companies lacking profitability, raising concerns about the sustainability of this rally. Despite the potential for strong earnings growth in small caps driven by lower interest rates, analysts caution that their true competitive edge remains uncertain, suggesting that the S&P 500 will likely continue to dominate the market.
Source: YAHOO
Reported 9 days ago
As global regulators aim to impose strict guidelines on stablecoins, including a ban on interest payments, the practicality of enforcing such a prohibition raises concerns. While aimed at maintaining liquidity within traditional banking, many crypto exchanges offer rewards that mimic interest rates, and users can easily shift their stablecoin assets to yield-bearing DeFi protocols. The increasing transactions in decentralized finance suggest that as the blockchain ecosystem evolves, limiting interest payments on stablecoins might not only be impractical but could also lead to significant market shifts, echoing historical challenges in the banking sector regarding interest regulations.
Source: YAHOO
Reported 9 days ago
In a letter to an advice columnist, a woman discusses her decision to leave her estate to her children rather than her husband, who has considerable wealth. Married for a decade, the couple is preparing their wills, revealing disparities in their financial situations. The columnist reassures her that her plan is reasonable, highlighting her husband's sufficient assets and their right to allocate their estates as they see fit.
Source: YAHOO
Reported 9 days ago
A recent analysis highlights the ten U.S. states where homeownership is expected to yield the highest returns by 2026. States like New York, Connecticut, and New Jersey are leading with home price increases, while areas in Florida and Arizona have seen declines. Overall, the housing market is thriving in most states, presenting opportunities for buyers aiming for value appreciation.
Source: YAHOO
Reported 9 days ago
Boeing has secured approval from the FAA to elevate its 737 MAX production rate from 38 to 42 planes per month, a move aimed at stabilizing its finances after years of production issues. This decision comes after extensive FAA reviews and reflects Boeing's efforts to address past safety and quality concerns that surfaced following a notable incident in 2024. The company is preparing to increase output swiftly while managing supply chain challenges and maintaining a focus on safety.
Source: YAHOO
Reported 9 days ago
Billionaire investor Ray Dalio has raised alarm about the possibility of a civil war in the US, citing increasing societal divides and financial strains as warning signs. In a recent interview, he highlighted that the U.S. is facing irreconcilable differences and outlined two potential paths: one towards unity and the other toward conflict. With national debt soaring and wealth inequality widening, Dalio emphasizes the need for diversification in investments, particularly advocating for gold as a safe haven during turbulent times.
Source: YAHOO
Reported 9 days ago
China's rare earth product exports decreased in September, dropping to 6,538 tons from 7,338 tons in August, as Beijing tightened controls on strategic minerals in response to US trade restrictions. This marks a shift from the previous months of increasing shipments. The latest measures include extended export controls on products containing any trace of Chinese-origin materials. The ongoing tensions are fueling a global pushback, with economic leaders anticipating discussions between Presidents Xi Jinping and Donald Trump, which may offer a chance to ease the current trade friction.
Source: YAHOO
Reported 9 days ago
This article compares XRP and TRON, two of the top ten cryptocurrencies by market cap, highlighting their real-world utility and growth potential in the crypto space. While XRP has surged over 345% in the past year and is poised for growth in international payments through partnerships with banks, TRON has almost doubled in value, boasting high transaction speeds and a vibrant decentralized application (dApp) ecosystem. Ultimately, both tokens present compelling investment opportunities, but the author favors XRP due to its connections with Ripple and progress in traditional finance.
Source: YAHOO
Reported 9 days ago
Despite lower mortgage rates aimed at encouraging homebuyers, the housing market remains stagnant due to rising home prices that continue to strain affordability. As buyers hold off in hopes of better rates and prices, sellers are testing the market without significant movement in sales. This stalemate has led to increased inventory and a high rate of canceled contracts, showing that many potential buyers are waiting for more favorable conditions.
Source: YAHOO