Finance Expert Shares The Retirement Account To Diligently Contribute To For Unique Tax Breaks
Suze Orman believes a Roth IRA account offers a host of tax breaks on withdrawals in retirement or when passing the funds to heirs.
Billionaire Warren Buffett's Five-Step Approach to Investing in Value Stocks
Buffett targets companies with decent profit margins, low debt, less reliance on commodities, and those with long-term growth potential but trading below their intrinsic values.
From Car Valet to Millionaire Trader: Man Who Made $10M Shares 4 Funds He Invests Long-term
Right out of high school, Jack Kellogg learned about trading while working as a car valet. Despite losing money initially, he has netted millions in profits since 2020.
Top Warren Buffett-Backed Companies to Watch in 2024
Warren Buffett's Berkshire Hathaway invested heavily in Apple, Amazon, and Chubb in this new decade. A massive stake in Chubb was kept a secret until recently.
Analysts Share Diverging Views on Best Buy, Poised To Benefit From Demand For AI-powered Hardware
Best Buy's sales can get a boost from tech giants focusing on building and selling hardware that supports AI software amid rising demand, but electronics' susceptibility to softer sales remains.
Steve Cohen's Point72 Ups Stake in Boeing by Over 400% in Q1, Opens New Position in Broadcom
Boeing has trimmed delivery and production of its 737 Max fleet, while Broadcom's quarterly revenue jumped 34% YoY on high chip demand for AI data centres.
What Is the New Texas Stock Exchange (TXSE): Location and Everything You Need To Know
Financial giants are backing the launch of the Texas Stock Exchange, which aims to welcome companies frustrated with the complex disclosure, listing rules and associated costs at the NYSE and Nasdaq.
George Soros's Fund Sells Uber, Novo Nordisk in Q1 to Focus on AI, Construction, and Apparel Stocks
Soros Fund Management made several changes to its portfolio in Q1, increasing stakes in Alphabet, Nike, and D.R. Horton.
Billionaire Daniel Loeb's Third Point Boosts AI Holdings in Q1, Re-buys Alphabet After Selling Entire Stake
Daniel Loeb's fund increased holdings in Amazon and Meta while trimming exposure to Microsoft in Q1. It also bought 3 million Alphabet shares and opened a new position in Marvell Technology.
JPMorgan Forecast Over 85% Upside for Two Biopharma Stocks Targeting Obesity and Chronic Conditions
The two biopharma firms have developed drug candidates to treat autoimmune and pulmonary diseases. They have demonstrated good safety profiles and efficacy in various stages of clinical trials.
Bill Gates' McDonald's Gold Card Offers Free Food for Life, Few Non-billionaires Were Offered One in This Decade
McDonald's issues exclusive gold cards to individuals as a testament to their success in society. Bill Gates' gold card offers access to free meals worldwide.
Best Buy Sales Drop, JLL Posts 818% Net Income Growth in Q1 As HP Focuses on AI PCs
Best Buy preserves profit margins despite faltering demand, while JLL's revenues increased due to robust growth in advisory and property management verticals.
Debt Expert Challenges Single Mum's $10K Album Release Instead Of Clearing $17K Car Debt
A 40-year-old mom went into debt to become a pop star and was in denial of her money issues, child's future, and impulsive spending, believing her music career would take off one day.
Bill Gates' Investments in Art Collection are Worth Over $127 Million, Billionaires Remain Bullish On The Art Market
Philanthropist Bill Gates has invested in very rare paintings and artefacts over decades, including Winslow Homer's "Lost on the Grand Banks" masterpiece.
What Does Greenwashing Mean in ESG Investing?
Greenwashing in the ESG sector has stunted investor participation for years. Regulators continue to enforce disclosure rules on firms to curb misleading marketing practices and hollow ESG claims.
What Does Nvidia's 10:1 Stock Split Mean for Shareholders?
Leading chipmaker and AI player Nvidia announced a 10:1 stock split for the company's common stock that will take place on June 7.
Billionaire Bill Gates' Trust Sells Microsoft, Buffett's Berkshire Hathaway in Q1, Walmart Stake Increases by 200%
The Bill and Melinda Gates Foundation recently revealed selling millions of shares of Microsoft and Berkshire Hathaway in Q1, coinciding with Melinda Gates' resignation as co-chair of the trust.
JPMorgan CEO Jamie Dimon on 'Hard Landing' and 'Stagflation' Fears as Inflation Worries US Fed
JPMorgan CEO Jamie Dimon thinks the odds of a recession are higher than people think despite markets reaching record highs and the consensus rooting for a sustained bull run.
Billionaire Ray Dalio's Bridgewater Associates Offloads Cisco, HP, and More to Double Stake in Nvidia, Boost 'Magnificent Seven' Holdings
Billionaire Ray Dalio's fund boosts tech holdings to 17% of the total portfolio in Q1 by investing heavily in Nvidia, Alphabet, Apple, Microsoft, Meta, and Amazon.
Ark Invest CEO Cathie Wood Boosts Stake in Firms Making Breakthroughs in Gene Editing, AI Drug Development, and Obesity Drugs
Cathie Wood splurged millions in biotech this year on strong clinical progress, AI adoption, sales growth, wider outreach, and steady product pipelines.
Gen Z and Millennials Are Ill-Prepared for Retirement, Here's How They Can Build up Savings
Growing living costs, job uncertainty, and high debt amid risks of reduced Social Security benefits are pushing millennials and GenZ way behind their retirement goals.
Billionaire David Tepper, Who Bet on Failing Banks in the '08 Crisis to Profit By $7 Billion, Massively Diversifies Tech Stake in Q1
Cheap AI-focused China tech stocks and growing speculations of the US tech rally cooling off soon are prompting investors like David Tepper to capitalize on the valuation gap.
Billionaire Ken Griffin Goes Heavy on This Tech Stock, Increases Stake By 200% in Two Quarters
Renowned investor Ken Griffin upped his stake in Amazon rapidly as the tech firm continues to leverage AI in AWS and e-commerce to boost sales and net income.
Biden's New Financial Advisor Rule to Curb Biased Retirement Advice
The new retirement rule could positively impact five million savers and boost retirement accounts by between 0.2%-1.2% annually and up to 20% over a lifetime.
'Big Short' Investor, Who Predicted 2008 Housing Crash, Buys 440K Units of Physical Gold Fund
Michael Burry's latest Q1 filings show he wagered $7.6 million on gold via a fund that allows him to redeem units in actual physical gold.
Rising Debt, Delinquencies, and a Hot Wholesale Inflation Print Signal More Rate Hikes
US Fed's plans of interest rate cuts and market expectations of a "soft landing" could be at stake as wholesale inflation data for April notches up.
Is the Netflix Stock on Track to Reach New Record Highs?
Netflix's focus on quality content, monstrous marketing strategies, product innovation, and exploring multiple revenue pools continue to drive user base growth.
This Nike Alternative Growth Stock Jumped 582% Over the Past Decade on Strong Fundamentals
Lululemon Athletica's strong momentum, cash flow, and earnings growth despite sticky inflation make it well-positioned for global expansion and product innovation.
Grandma Loves Her Step-Grandkids, But Will Only Leave Inheritance For Biological Relatives
Sophia will keep her step-grandchildren out of her will to honour her late husband's dying wish, even if her current partner has nothing to leave behind for them.
20-Year-Old's Grit and Money Mindset Helps Him Earn $20K Monthly For His Window Cleaning Business
Tyler earns $250-$300 per job and faces many rejections every day. He visits new neighbourhoods, pitches his services genuinely to strangers, and ensures spotless work every time.
