FINANCE
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These investors think Trump’s new public company will flop
Former President Donald Trump has clearly scored a financial win with his media startup, Trump Media & Technology Group. Once the firm goes public, likely this week, Trump’s ownership stake could fetch more than $3 billion. But many investors seem to think the Trump venture will flop. The Trump startup will go public via a merger with Digital World Acquisition…
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I Have $1 Million in Savings and a Pension. Should I Delay Social Security and Rely on My 401(k) for 8 Years?
A man considers delaying Social Security past his full retirement age to increase his eventual benefit. If you have $1 million in a 401(k) and collect a pension, you may be in a position to delay Social Security until age 70. Doing so can boost your monthly benefit by up to 24%. However, delaying Social Security will mean you’ll have…
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Super Micro to Delay 2 Million Share Sale to After Close
(Bloomberg) — Super Micro Computer Inc. pushed back the expected pricing of the sale of 2 million shares to after the market closes in New York, according to people familiar with the matter. Most Read from Bloomberg Goldman Sachs Group Inc., the sole underwriter of the share sale, has communicated the updated timetable to potential investors that the pricing of…
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Better Artificial Intelligence (AI) Stock: Palantir vs. Nvidia
Software company Palantir Technologies (NYSE: PLTR) and chip company Nvidia (NASDAQ: NVDA) are two of the hottest stocks on Wall Street. Both stocks are up over 240% over the past year and have fierce loyalty among investors. Is one artificial intelligence (AI) stock better than the other? To find out, I compared them head-to-head to see why they’re thriving and…
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Dollar Tree’s 1,000 store closure tells the perils of poor acquisitions
Dollar Tree (DLTR) is marking down its footprint as it continues to struggle with its Family Dollar acquisition. The dollar store chain announced on Wednesday plans to close 600 Family Dollar stores in the first half of fiscal 2024. It’ll shutter another 370 Family Dollar and 30 Dollar Tree locations once their current leases expire, bringing the total closure to…
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Billionaire Bill Gates Has Over Half of His $42 Billion Portfolio Invested in These 3 Dividend Stocks
Do billionaires like dividend stocks? Absolutely. Just take a look at the holdings of famous billionaire investors such as Warren Buffett and Ken Griffin. They’re loaded with dividend stocks. Bill Gates stands out as another great example. Although he doesn’t manage a public company or hedge fund like Buffett and Griffin do, he’s donated a boatload of money to the…
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EV maker Rivian unveils smaller, less expensive SUVs, crossovers
By Chris Kirkham and Abhirup Roy LAGUNA BEACH, California (Reuters) -Rivian on Thursday unveiled its smaller and less expensive “R2” SUVs and “R3” crossovers amid a slowdown in demand for EVs and also said it would start producing the R2 at its existing facility in Illinois to ensure deliveries in 2026. Rivian shares were up 10% at $12.16 on Thursday…
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Warren Buffett Warns Of ‘Casinolike’ Behavior In Markets As Coinbase Crashes Because Of ‘Heightened Traffic’ From Its ‘Robinhood Moment’
Warren Buffett cautioned he’s seeing signs of excess in markets, likening their price action to a casino. “For whatever reasons, markets now exhibit far more casinolike behavior than they did when I was young,” Buffett told Fortune magazine. While he might’ve been talking about stock markets, even more volatility in the crypto markets caused Coinbase Global Inc. (NASDAQ:COIN) to be…
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Plug Power Says Its Biggest Risk Is Resolved. Is It Time to Buy the Stock Hand Over Fist?
Plug Power (NASDAQ: PLUG) sent shockwaves among investors some months ago when it issued a “going concern” warning. Management has tried hard to pacify investors since, and some of the updates it provided in late January even sent the hydrogen stock surging more than 40% in the last week of the month. All eyes have been on Plug Power’s earnings…
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Warren Buffett Explains Why This ‘Bad’ Number Indicates Good News For The Real Estate Market — One Of His Favorite Housing Metrics To Watch Signals A Shift
Berkshire Hathaway Inc. CEO Warren Buffett is renowned not just for his investments in blue-chip stocks but also for his advice on market dynamics. At the 2010 Berkshire Hathaway Annual Shareholders meeting, he revealed his approach to evaluating market health. Buffett articulated a somewhat paradoxical metric, suggesting that a decrease in housing starts could signal a healthier market ahead. “You…
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