Wed.Sep 11, 2024

article thumbnail

Prediction: Costco Will Be a $500 Billion Stock by 2026

The Motley Fool

There are only seven trillion-dollar publicly traded stocks today: Apple , Microsoft , Amazon , Nvidia , Alphabet , Meta Platforms , and Berkshire Hathaway. There are another 10 stocks that have a market value of more than half a billion. Just like Berkshire Hathaway only recently became a trillion-dollar stock, these other 10 are excellent stocks that are likely to join the club at some point in the future.

article thumbnail

Animal Spirits: When Your Friends Are Richer Than You

A Wealth of Common Sense

Today’s Animal Spirits is brought to you by Jensen Investment Management: See here for more information on the Jensen Quality Growth ETF The Compound Podcasts: See here On today’s show, we discuss: The State of America’s Wallet Renting vs. Owning a Home as We Get Older Americans Have a New Piggy Bank to Raid — Their Houses Home Insurance is a Really Big Problem Discount Retailer Big Lots Files f.

Banks 116
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Prediction: Nvidia Stock Is Going to Soar in Q4

The Motley Fool

Has Nvidia (NASDAQ: NVDA) finally run out of earnings surprises? The high-flying AI chip superstar seemed to run out of gas in the fiscal 2025 second-quarter earnings report it released on Aug. 28. While the company beat estimates on the top and bottom lines, the differences were narrower than investors were used to, and guidance was also less impressive than some had hoped.

Banks 246
article thumbnail

Spain vetoed Hungarian bid for train group ‘over Ukraine concerns’

Financial Times M&A

Madrid did not want Budapest to acquire Talgo gauge technology that Kyiv needs for its rail system, says official

Bidding 112
article thumbnail

Nvidia's $50 Billion Share Buyback Is the Ultimate Smoke-and-Mirrors Campaign

The Motley Fool

For the better part of two years, artificial intelligence (AI) has been the hottest thing since sliced bread on Wall Street. The prospect of AI-driven software and systems learning without human intervention gives this technology broad-reaching utility in almost every sector and industry. Though we've seen no shortage of next-big-thing trends come and go on Wall Street since the advent of the internet three decades ago, none have offered as large of an addressable market as artificial intelligen

Prospects 246
article thumbnail

Gary Stevenson claims to have been the best trader in the world. His old colleagues disagree

Financial Times - Banking

What is the truth behind the inequality campaigner’s Citigroup memoir?

111
111
article thumbnail

Forget Mounjaro: 1 Reason Investors Should Love Eli Lilly Stock Even More (Hint: I'm Not Talking About Zepbound)

The Motley Fool

Eli Lilly (NYSE: LLY) might just be the hottest pharmaceutical company on the planet right now. The company is the developer of a number of blockbuster drugs including Verzenio, Trulicity, and Taltz. Of course, I'd be remiss to not include the company's latest hits in weight loss. Lilly's diabetes and obesity care medications , Mounjaro and Zepbound, are currently fueling a new wave of growth for the pharma leader and I don't see that slowing anytime soon.

Investors 246

More Trending

article thumbnail

Lithium Stocks Are Surging on Big News: Why It Might Be Time to Buy

The Motley Fool

In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down the big news that a Chinese battery maker is cutting lithium production, and why that could be a big positive for lithium miners including Albemarle (NYSE: ALB) , Lithium Americas Corp (NYSE: LAC) , and Sociedad Química y Minera de Chile S.A. (NYSE: SQM). *Stock prices used were from the morning of Sept. 11, 2024.

Returns 246
article thumbnail

7-Eleven owner taps Nomura to advise on takeover battle after rejecting $39bn offer

Financial Times M&A

Circle K parent Alimentation Couche-Tard says it is focused on securing deal with Seven & i

110
110
article thumbnail

Why Viking Therapeutics Stock Rocked the Market Today

The Motley Fool

Viking Therapeutics (NASDAQ: VKTX) stormed the stock market on Wednesday. Shares of the up-and-coming biotech rose by more than 11% not on any proprietary news from the company, but on an analyst's initiation of coverage. That performance was more than enough to top the trajectory of the bellwether S&P 500 index, which rose by slightly over 1% on the day. 32% upside potential, analyst believes Well before market open, J.P.

article thumbnail

Goldman to earn $92mn from advising on $36bn Kellanova sale

Financial Times M&A

Jumbo fee comes as Wall Street hopes that long-awaited deal boom is back

110
110
article thumbnail

History Says Being Added to S&P 500 Will Have This Impact on Palantir Stock

The Motley Fool

There was plenty of excitement around the news that Palantir Technologies (NYSE: PLTR) would be added to the S&P 500 index. The index is widely viewed as the benchmark for U.S. stocks and there is an enormous amount of investor money tied to the index because so many exchange-traded funds (ETFs) and mutual funds track/mimic its performance. Not surprisingly, when there is an announcement that a stock will be added to the S&P 500, it tends to see a nice jump in its share price.

article thumbnail

AC Milan owner says private equity investment has ‘massively inflated’ sports valuations

Financial Times M&A

RedBird Capital Gerry Cardinale criticised his rivals saying sector has been ‘bad for ecosystem’

Investing 109
article thumbnail

Is Ripple (XRP) a Millionaire Maker?

The Motley Fool

Many investors feel that cryptocurrencies are the future. MicroStrategy (NASDAQ: MSTR) chairman Michael Saylor sees Bitcoin (CRYPTO: BTC) as the only currency worth holding for the next 100 years. Noted growth investor Cathie Wood expects digital assets to reshape the financial markets on a global level. But these famous crypto bulls almost always focus on Bitcoin , perhaps throwing a few bones to the Ethereum (CRYPTO: ETH) smart contracts system.

article thumbnail

German union vows to fight UniCredit move on Commerzbank ‘tooth and nail’

Financial Times M&A

Berlin ‘naive’ to put key lender to Mittelstand companies on the line, says Verdi

Companies 105
article thumbnail

This Is the Average 401(k) Balance for Retirees Age 65 and Older

The Motley Fool

Before you clock out of your career for good, there are a few things you'll want to check off your list -- and your retirement savings is probably near the top. We dug into the average 401(k) balances for retirees age 65 and older to give you a better idea of how much Americans have saved. Spoiler alert: It's a far cry from the million-dollar target you often hear about.

article thumbnail

Japan has learnt a hard lesson about US friendship

Financial Times M&A

The Nippon Steel experience has broader ramifications for dealmaking

104
104
article thumbnail

2 Stocks That Are Passive Income Machines to Buy and Hold Forever

The Motley Fool

Among the many corporations that pay a dividend, some do so unpredictably and irregularly. Others rarely raise their payouts -- perhaps once every few years -- while others still quickly resort to dividend cuts once the going gets rough. Those companies that can regularly pay and raise their dividends and do so for a long time are a special breed. Businesses of this kind often have the qualities of "forever stocks.

article thumbnail

Cookie policy

SEI

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertising.

96
article thumbnail

3 Reasons Buying Warren Buffett's Favorite Stock Is Smarter Than Investing in an S&P 500 ETF

The Motley Fool

I've believed for a long time that investing in Warren Buffett's favorite stock was similar to investing in an exchange-traded fund (ETF). Buffett's favorite stock, of course, is Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , the company he has led for decades. Berkshire Hathaway isn't quite as diversified as an S&P 500 ETF, but it's not too far behind.

article thumbnail

Andrea Orcel plots UniCredit’s boldest move yet on Commerzbank

Financial Times M&A

Former UBS dealmaker has contemplated a tie-up with the state-backed German lender for years but Berlin may balk

94
article thumbnail

Warren Buffett Is Selling Apple Stock and Buying These Stocks Instead

The Motley Fool

Warren Buffett continued to sell shares of Apple (NASDAQ: AAPL) in the second quarter, actually picking up the pace a bit. But what is he doing with all that cash? Travis Hoium digs into the numbers in this video. *Stock prices used were end-of-day prices of Sept. 10, 2024. The video was published on Sept. 10, 2024. Should you invest $1,000 in Apple right now?

Banks 246
article thumbnail

US publisher joins pursuit of UK’s Telegraph newspaper

Financial Times M&A

Owner of right-leaning digital New York Sun has emerged as part of one of three groups bidding for London title

Bidding 94
article thumbnail

3 Dividend Stocks to Double Up on Right Now

The Motley Fool

Dividend-paying stocks always attract investor interest. However, with long-term interest rates heading down, and the Federal Reserve poised to cut short-term rates, getting income from equities seems particularly enticing. Not all stocks present the same buying opportunity, of course. It's important to look beyond the dividend yield to ensure the company can continue making payouts.

article thumbnail

Why Russian oil and Ukraine spurred Spain to block a Hungarian M&A deal

Financial Times M&A

Also in this newsletter: How Brussels can make itself €30bn a year richer

88
article thumbnail

Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

The Motley Fool

Cathie Wood's growth investing style could be back in fashion. The co-founder, CEO, and investment manager of the Ark Invest family of exchange-traded funds is getting into good groove in recent weeks. Her largest fund is up 17% since bottoming out last month. Ark publishes its trades daily, so we know what she's buying these days. Three of her more interesting purchases on Tuesday are Advanced Micro Devices (NASDAQ: AMD) , DraftKings (NASDAQ: DKNG) , and Tempus AI (NASDAQ: TEM).

article thumbnail

On PSP Investments' 2024 Sustainability Report

Pension Pulse

Earlier today, PSP Investments released its 2024 Sustainability Report highlighting progress in advancing its sustainability capabilities and climate strategy: Highlights $64.9 billion invested in green assets, compared to $48.9 billion in fiscal 2023*. Reported Scope 1 and Scope 2 GHG emissions data for assets in-scope showed a significant increase, reaching 62%, compared to 54% in fiscal 2023.

article thumbnail

One Important Date All CD Investors Need to Know

The Motley Fool

Image source: The Motley Fool/Upsplash Sept. 18. That's a key date for CD investors to know, as it could mark a turning point that causes generationally high yields to start to reverse course and head lower. Specifically, Wednesday, Sept. 18, is the date when the Federal Reserve will announce its latest interest rate decision. The central bank is widely expected to lower the target range on the federal funds rate for the first time since 2020.

Investors 246
article thumbnail

At The Money: Managing Bond Duration

The Big Picture

 At The Money: Karen Veraa, Head of iShares US Fixed Income Strategy, BlackRock (September 11, 2024) Full transcript below. ~~~ About this week’s guest: Karen Veraa is a Fixed Income Product Strategist within BlackRock’s Global Fixed Income Group focusing on iShares fixed-income ETFs. She supports iShares clients, generates content on fixed-income markets and ETFs, develops new fixed-income iShares ETF strategies, and partners with the iShares team on product delivery.

Funds 59
article thumbnail

1 Top Growth Stock Down 42% to Buy Right Now

The Motley Fool

The past six months have been terrible for C3.ai (NYSE: AI) investors as shares of the enterprise AI software provider have fallen sharply after a solid start to 2024. The stock price is down 42% since hitting a 52-week high on Feb. 29. The company's latest quarterly results only added to the bearish sentiment around the stock. C3.ai released fiscal 2025 first-quarter results (for the three months ended July 31) on Sept. 4.

Returns 246
article thumbnail

“European technology is coming of age”: Atomico founder Niklas Zennström celebrates firm’s record $1.24bn fundraise

AltAssets

Atomico, the venture capital house launched by Skype co-founder Niklas Zennström, has raised $1.24bn for its biggest fundraise yet as it looks to take advantage of Europe's burgeoning tech investment space. The post “European technology is coming of age”: Atomico founder Niklas Zennström celebrates firm’s record $1.24bn fundraise appeared first on AltAssets Private Equity News.

article thumbnail

Here's 1 Vanguard ETF I'm Loading Up On and 1 I Wouldn't Touch With a 10-Foot Pole

The Motley Fool

For the most part, if something can make my life easier, I will embrace it. That goes for house chores, traveling, investing, and many other things. One thing that has made investing much simpler and more straightforward is using exchange-traded funds (ETFs). What used to take a large number of investments and lots of time can now essentially be done with a handful of investments.

article thumbnail

The unintended consequences of ESG investing — and how to prevent them

Financial Times: Moral Money

Also in today’s newsletter, how the US opted for ‘a slower, more expensive transition’, according to one investor

article thumbnail

2 Beaten-Down Stocks That Could Be Great Buys on the Dip

The Motley Fool

The stock market has been on fire this year, but much of that performance can be attributed to a handful of tech giants that have a disproportionate weight of the S&P 500 and are benefiting from the artificial intelligence (AI) boom. Many other stocks have been doing well, but it's not that hard to find those moving in the opposite direction. Pharmaceutical giant Pfizer (NYSE: PFE) and social media platform Snap (NYSE: SNAP) belong to this group: Both have significantly lagged behind broader

Prospects 246
article thumbnail

Europe’s most notorious banking dealmaker returns

Financial Times M&A

Plus, Wall Street succeeds in bringing down new capital rules and Adnoc goes after a German chemicals giant

Returns 52
article thumbnail

Forget Palantir: 2 Tech Stocks to Buy Instead

The Motley Fool

Palantir 's (NYSE: PLTR) stock has more than doubled over the past 12 months. The data mining and analytics company attracted a stampede of bulls as its revenue growth accelerated again, its margins expanded, and its profits soared. Its growing market cap and consistent profits also recently earned it a place in the S&P 500. Palantir's revenue rose 17% in 2023, and it anticipates 23%-24% growth this year as it gains new government contracts, expands its faster-growing U.S. commercial busines

article thumbnail

The EU AI Act: What multinational organisations should know

Vistra

The European Union’s AI Act came into force 1 August 2024 and is a milestone of artificial intelligence regulation.

52