Author: Press Room

Digest Some Profit Our group was investing in food and beverage companies in 2017. We mistakenly thought The Kraft Heinz Company (NASDAQ:KHC) stock was a good buy. It was selling then for $86.67 per share. The company unraveled but recently got traction with other consumer staples stocks. We think the stock is a Sell opportunity after its pop in price last week. Seeking Alpha’s Quant Rating is Hold, and has been for most of the past three years. If the share price slips to around $30 again it can be an opportunity to make Moderate Buys. Despite the stock’s price…

The chief executive of the world’s largest online betting company said its dominant US market share means it does not need to pass on the cost of tax increases to customers.“When competitors raise their prices, then the customers come over to us,” Peter Jackson, chief executive of Flutter Entertainment, told the Financial Times. Flutter is the parent company of FanDuel, a US sports betting platform that Flutter says has 51 per cent of market share by net revenue. DraftKings, FanDuel’s biggest competitor, recently announced a tax surcharge on bets placed in high-tax states, but on Tuesday evening rescinded the policy after Flutter…

Democratic vice presidential nominee Minnesota Gov. Tim Walz responded to GOP attacks on his military service in the Army National Guard during a speech at the American Federation of State, County and Municipal Employees union convention. CNN’s Natasha Chen reports. Read the full article here

When discussing Social Security filing strategies with clients, I often run across the confusion between a spousal benefit and a survivor benefit. There is a difference as they are two totally separate benefits. When your spouse passes away, the ability to collect a spousal benefit or continue to receive a spousal benefit ends as your spouse is deceased. After this life event, you are eligible to begin collecting a survivor benefit. This information applies to the current spouse only, not an ex-spouse. The 3 most common Social Security benefits are: 1. Worker benefits – the worker benefit is your own…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The interest rate on a 30-year fixed-rate mortgage is 6.875% as of July 11, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.990%, which is 0.135 percentage points lower than yesterday.  With mortgage rates changing daily, it’s a good idea to check today’s rate…

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market comeback: Stocks are having a strong day, boosted by the encouraging wholesale inflation data released earlier Tuesday. At roughly 5,420 on the S & P 500 , the broader market has fully recovered all its steep losses related to the so-called “yen carry trade” from last Monday . In addition, the S & P 500 is almost back to where it was before the soft July jobs report on Aug.…

Former President Donald Trump is facing a wave of calls from Republican supporters to focus his political attacks against Vice President Kamala Harris on policy critiques, and to scale back his ad hominem insults and conspiracy theories.”The path forward is to focus on policy. Those are three words for the Republican Party that I think is a path to success: Focus on policy,” former GOP presidential candidate Vivek Ramaswamy said on NPR Tuesday.”I think Donald Trump has a strong case on all of those counts, and I think he and the Republican Party would be well served to focus on…

Comcast and NBCUniversal are taking home their own Olympic gold. The 2024 Summer Olympics in Paris drew a combined average of 30.6 million viewers across NBCU’s constellation of platforms, marking an 82% jump in viewership compared to the Tokyo Games and making the Games the most-streamed Olympics of all time. The media giant on Monday shared that its coverage saw a whopping 23.5 billion minutes of stream time, a 40% increase compared to all prior summer and winter Games combined, while its total audience delivery in “Paris Prime” — afternoons in the US — and prime time drew in 4.1 million daily viewers on Peacock and NBCU Digital platforms. The network’s Spanish-language broadcast on Telemundo also saw a 26% jump over the same period…

Viant Technology Inc. (NASDAQ:DSP) Q2 2024 Earnings Conference Call August 12, 2024 5:00 PM ET Company Participants Nicole Kunzman – IR, The Blueshirt GroupTim Vanderhook – Co-Founder and CEOChris Vanderhook – Co-Founder and COOLarry Madden – CFO Conference Call Participants Andrew Marok – Raymond JamesJason Kreyer – Craig-HallumLaura Martin – NeedhamMaria Ripps – Canaccord GenuityMatt Condon – Citizens JMPChris Kuntarich – UBS Operator Hello everyone and welcome to Viant Technology’s Second Quarter 2024 Earnings Conference Call. My name is Annabeth and I will be your operator today. Before I hand the call over to the Viant Leadership team, I’d like…

Scientists have discovered liquid water deep in the crust of Mars, a breakthrough that suggests life could have existed on the planet.“Large volumes of liquid water transiently existed on the surface of Mars more than 3 billion years ago,” said a paper published on Monday in PNAS, a journal published by the US National Academy of Sciences.The authors of the paper analysed data from Nasa’s Mars Insight Lander, which arrived on the planet in 2018 and stayed until the end of 2022. It measured seismic movements to determine the presence of liquid water billions of years ago.“Our results have implications…