Bill Ackman made news recently when Fortune reported that he might play a part in Elon Musk and Vivek Ramaswamy’s Department of Government Efficiency, or DOGE, the committee tasked with cutting federal government costs…
Bill and Melinda French Gates officially divorced on Aug. 2, 2021, after 27 years of marriage. When billionaires divorce, it can be a messy affair. Not so for the Seattle power couple. In May,…
Fortune recently published an article about Berkshire Hathaway’s (NYSE:BRK.B | BRK-B Price Prediction) net worth is $663 billion, 10 times higher than Nvidia’s (NASDAQ:NVDA) and nearly 12 times Apple’s (NASDAQ:AAPL). Of course, by market…
Intel (NASDAQ:INTC | INTC Price Prediction) CEO Pat Gelsinger stepped down on Dec. 1 after nearly four years in the top job. While the press release officially described his departure as a retirement, he…
The Visual Capitalist published a chart in June that highlighted the Magnificent 7’s stock buybacks between June 2023 and June 2024. Five of the seven bought back $208 billion of their stock over these…
We are officially into the busiest time on the shopping calendar. The last bit of November to Christmas Day gives retailers a big chunk of their annual sales. Costco (NASDAQ:COST | COST Price Prediction)…
Short seller Andrew Left of Citron Research revealed on Nov. 21 that his firm had taken a short position in MicroStrategy (NASDAQ:MSTR | MSTR Price Prediction), the software company that has become a prominent…
In February, Los Angeles-based investment manager Capital Group will mark three years since it launched its first actively managed transparent ETFs. “Our suite of six ETFs represents the hallmark of our investing, including three…
The last time that Tesla (NASDAQ:TSLA | TSLA Price Prediction) stock hit $400 was over three years ago, in November 2021. That was the highest it’s ever traded. Since hitting a low of $101.81…
With a flip of the switch, BlackRock (NYSE:BLK | BLK Price Prediction) recently completed the company’s first mutual fund-to-ETF conversion, a move made to meet investors’ insatiable thirst for active management. The BlackRock International…
The S&P 500 dividend yield of 1.18% is the lowest since February 2001, according to a Nov. 12 article in Barron’s. Technology and financial stocks now account for 46% of the index. Many of…
Around 100 stock split announcements were made from its universe of 11,000 global equities in Q2 2024. That’s the highest number of stock splits since Q2 2023. In the first half of 2024, there…
Amazon (NASDAQ:AMZN | AMZN Price Prediction) stock is on fire heading into the second half of November. On Nov. 13, it hit an all-time high of $215.09, up 43% in 2024. I’m sure there…
One of the most discussed subjects in retirement planning is Social Security benefits and the age at which one should start receiving them. While you can elect to take them as early as 62,…
Google the words “passive income” with the title in an online search, and you’ll get about 437,000 results. Do the same for anywhere in an article, and it jumps to about 20 million. In…
If you’re thinking about withdrawing $10,000 in cash from your checking account to play blackjack during your week-long trip to Las Vegas, you might want to know what happens when you do. The Bank…
With less than two months to the end of 2024, the S&P 500 is up nearly 26% through Nov. 7. If this holds up, it will be the fifth year in the past decade…
According to a March 2023 study from the Bank of America Institute about consumer spending, seniors born in 1964 or earlier were the only age cohort in the U.S. increasing their year-over-year spending, not…
Berkshire Hathaway (NYSE:BRK.B) reported its Q3 2024 results on Nov. 2. The biggest highlight was its record cash hoard of $325.2 billion. Due to accounting changes a few years ago, Berkshire’s operating profit jumps…
While it’s true that the hottest-selling books aren’t always the best books in terms of quality, bestsellers are more often than not indicative of books people like to read. The same can be said…
