Author: Press Room
A couple of analyst downgrades are making the rounds Monday on megacap stocks that rarely see ratings cuts: Apple and Amazon. They highlight both a problem and an opportunity for regular investors. At Jefferies, analysts downgraded Apple to a hold but increased the price target to $213 apiece from $205. Meanwhile, analysts at Wells Fargo downgraded Amazon to equal weight (hold) and cut their price target to $183 from $225. The issue with both calls is that they’re aimed at short-term traders and hedge funds, not longer-term investors. Neither report calls into question the underlying fundamentals of these businesses or…
CBS News executives said Monday that a heated morning show interview with acclaimed author Ta-Nehisi Coates, during which his new book was compared to “extremist” writings, did not meet the network’s editorial standards. CBS executives told staffers during a daily editorial meeting that the contentious “CBS Mornings” interview last week with Coates, led by co-anchor Tony Dokoupil, had been addressed with Dokoupil. The assessment pacified some employees who had objected to Dokoupil’s tone during the segment with Coates. But it offended other employees who thought Dokoupil’s interview was appropriately tough. “We have an obligation as journalists to challenge controversial guests, and that’s what Tony did,”…
This article was written byFollowI’m an ex-Project Manager for the luxury real estate auction company, Concierge Auctions, that has been studying stock investing since I was 14 years old. After leaving the company, I began focusing on my efforts on analyzing various investments and writing about them. My primary investing strategy revolves around buying income investments and using the income to buy undervalued stocks with long-term growth opportunities. If you follow me, you can expect to see analysis on high-yield income ETFs and growth stocks with a primary focus on sports, real estate, and technology sectors.Analyst’s Disclosure: I/we have no…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sir Keir Starmer has conducted a massive shake-up of his misfiring Number 10 team, with Sue Gray, his controversial chief of staff, forced to quit her post after only three months in Downing Street.Gray’s departure, following weeks of internal criticism of her performance and a power struggle behind the scenes, came as Starmer attempted to restore order to his administration in the week he marks 100 days in office.Gray, a former civil servant who led a review into Covid parties during Boris…
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Have you heard of Naval Ravikant? He’s a famed early-stage investor who’s become one of the most rabidly quoted for modern-day wisdom. I caught a video clip of his recently that, while only 52 seconds long, contains weeks’ worth of wisdom on the notion of true wealth. By the way, true wealth is distinguished from the blander version of wealth we’ve settled for in the 21st century. It harkens back to the original meaning of the word, which was less about loud accumulation and more about quiet contentment. True wealth isn’t a number, but a state of being. True wealth…
Federal Emergency Management Agency administrator Deanne Criswell on Sunday criticized former President Donald Trump for spreading false information about how the Biden administration allocated disaster relief funding for Hurricane Helene recovery.”It’s frankly ridiculous and just plain false,” Criswell said in an interview on ABC’s “This Week.” “This kind of rhetoric is not helpful to people. It’s really a shame that we’re putting politics ahead of helping people.”As hurricane season ramps up, Trump falsely claimed last week that FEMA was running out of money to aid its disaster relief efforts, because the White House had used the funds “on illegal migrants coming…
After all of these years, after all of the rather incredible rallies and gains in the stock market from so many groups, the typical morning still starts with a bevy of negativity. That gloom lasts until near the close, where the market seems to say, “Oh well, maybe things aren’t that bad, at least for now.” And the selling stops with an hour or two to go before the closing bell. It’s astonishing that incredibly important people fret every day about things the Federal Reserve has done wrong or that the presidential candidates are doing wrong, or that our allies…
Taking care of an elderly parent or seriously ill spouse or family member can be physically and emotionally draining — and expensive for the caregiver in more ways than one. But being a caregiver while also holding down a job is a recipe for burnout. Of the estimated 48 million people in the United States who are taking care of adult relatives or friends, a majority (61%) have been employed while caregiving, most of them full time, according to a 2020 report from AARP and the National Alliance for Caregiving. Unsurprisingly, a majority of working caregivers say they have some…
This article was written byFollowThe Investment Doctor is a financial writer, highlighting European small-caps with a 5-7 year investment horizon. He strongly believes a portfolio should consist of a mixture of dividend and growth stocks. He is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on high-quality ideas in the small-cap space, with emphasis on capital gains and dividend income for continuous cash flow. Features include: two model portfolios – the European Small Cap Ideas portfolio and the European…
