Market News
Former College Baseball Player Managing $2.9 Billion Who Specializes In Tax Saving ESOP Exits
Forbes - 8 Aug 2023 15:45
UBS advisor Nick Francia is a former athlete who is now passionate about saving his small business clients tax costs with employee stock ownership.
Your Electric Bill Is Likely Headed Lower, Just Not as Low as Before
Wall Street Journal - 8 Aug 2023 13:00
Falling fuel prices are bringing rates down, but regional differences and fickle weather are making for a bumpy ride.
Bond And Stock Market Investors: Disaster Ahead - Allocate To 100% Safety
Forbes - 8 Aug 2023 01:00
The U.S. financial system is about to be tested again
Rivian raises 2023 EV production guidance, posts narrower-than-expected quarterly loss
CNBC - 8 Aug 2023 22:34
Rivian now expects to build about 52,000 vehicles in 2023, more than twice the number it made in 2022.
Gold ETF Outflows Cooled During July - World Gold Council
Forbes - 8 Aug 2023 19:48
Gold ETFs reported outflows of 34 tonnes last month, as holdings in all regions (except for Asia) dropped.
The essence of diversification and how it helps your investment portfolio
livemint.com - 8 Aug 2023 19:07
It's hard and impractical to predict the asset that gives you the highest return. Data shows that every year, the winner varies, since the market is at the confluence of multiple variables
Can a married woman set up a HUF with just her parents?
livemint.com - 8 Aug 2023 18:59
Instead of an HUF, we recommend you to consider setting up a trust. In such a case, the parents can set up the trust as a settlor and other family members, including the married daughter and her children, can be benefici...
How to structure your salary and minimize tax liability
livemint.com - 8 Aug 2023 18:56
Understanding salary components and their taxation is crucial for employees to maximize their take-home pay. Components such as flexi benefits and reimbursements can help lower taxes, but employees need to provide receip...
Bank Stocks Slide After Moody's Downgrade
Wall Street Journal - 8 Aug 2023 18:06
M&T, U.S. Bancorp, Truist and others are down sharply as concerns about the health of the sector were renewed.
Goldman Sees $1.5 Trillion Flowing To AI. Here's Where To Invest
Forbes - 8 Aug 2023 16:37
Innovations in electricity and personal computers unleashed investment booms of as much as 2% of U.S. GDP as the technologies were adopted into the broader economy.
How To Find The Best Style Mutual Funds 3Q23
Forbes - 8 Aug 2023 16:25
With an ever-growing list of similar-sounding mutual funds to choose from, finding the best is an increasingly difficult task.
The Obesity Drug Revolution Just Got Real
Wall Street Journal - 8 Aug 2023 16:24
New data show Novo Nordisk's Wegovy reduces risk of heart attack and stroke, paving the way for greater insurance coverage.
How To Find The Best Style ETFs 3Q23
Forbes - 8 Aug 2023 16:21
With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task. My report shows the top-rated ETF for each style.
Young Morgan Stanley Advisor With $7 Billion Works To Be The Smartest In The Room
Forbes - 8 Aug 2023 15:45
Despite inheriting her father's successful Atlanta wealth management business, Hollis Montgomery is writing her own playbook.
$3.1 Billion Wealth Manager Ditched Hollywood For A Numbers-Oriented Approach
Forbes - 8 Aug 2023 15:45
Mercer Global Advisors' Jojo Cresci treats clients like her parents, leaning conservative in investments and backing her plans with data.
The AI Frenzy Resurrects the Old SoftBank
Wall Street Journal - 8 Aug 2023 15:18
The tech downturn didn't chasten SoftBank for long. Signs of overexuberance are already reappearing along with the new bull market.
Elon Musk Says We Need Way More Electricity. Is He Right?
Wall Street Journal - 8 Aug 2023 15:09
Long-term energy demand is notoriously difficult to forecast. But there are some obvious reasons for concern, even in the short run.
Berkshire Hathaway's Stock Rallies After Bumper Earnings Report
Forbes - 8 Aug 2023 15:01
Berkshire Hathaway saw its earnings climb 6% to a new quarterly record of $10 billion
Eli Lilly raises full-year guidance as drug pipeline drives second-quarter profit up 85%
CNBC - 8 Aug 2023 14:56
Eli Lilly's stock has been on a tear, driven by positive trial results for its Alzheimer's drug and progress with its promising obesity drug pipeline.
These 8%-Yielding Funds Let Us Buy Cheap Stocks Even Cheaper
Forbes - 8 Aug 2023 14:55
Don't listen to the bubble worrywarts: even with the 2023 bounce, stocks are well off their late 2021 peak. In other words, they're still cheap!
Novavax shares jump after Covid vaccine maker posts surprise quarterly profit
CNBC - 8 Aug 2023 14:50
Novavax is working to strengthen its financial position after it raised doubts about its ability to stay in business earlier this year.
Restaurant Brands' sales rise, fueled by Burger King and Tim Hortons growth
CNBC - 8 Aug 2023 14:33
Burger King and Tim Hortons both reported double-digit same-store sales growth.