The new Shark Tank star replacing Mark Cuban once made a $220 million blunder that grew his startup into a $5 billion powerhouse Daniel Lubetzky, the founder of KIND Snacks, joins the panel of regular sharks on “Shark Tank,” replacing Mark Cuban. But before he became a business magnate, Lubetzky made a risky $220 million … Read more
Why Ken Fisher says capital preservation can cost you a lot in retirement Legendary investor Ken Fisher has a message for retirees and those planning to retire: The allure of “capital preservation” may disappoint you financially. Fisher, known for his no-nonsense approach to investing, argued in a New York Post op-ed published Monday that the … Read more
If You Invested $1,000 In Bitcoin When Jamie Dimon Said He’d Fire Employees ‘In A Second’ For Holding BTC, Here’s How Much You’d Have Today JPMorgan & Chase (NYSE:JPM) CEO Jamie Dimon is among the financial executives who have spoken out strongly against the cryptocurrency sector over the years. While Dimon’s stance has changed somewhat … Read more
By Harshita Mary Varghese (Reuters) – Shares of Micron Technology rose about 14% in after-hours trading after the memory maker forecast higher-than-expected first-quarter revenue due to appetite for its memory chips used in artificial intelligence. Micron is one of only three suppliers of high-bandwidth memory (HBM) chips, along with South Korea’s SK Hynix and Samsung, … Read more
Intel (INTC) is in the midst of one of the most tumultuous periods in its 56-year history. Declining sales, missed opportunities to compete in AI and a massive turnaround by CEO Pat Gelsinger who wants to restore the company to its former glory are putting significant pressure on the chip giant’s profits and stock price. … Read more
Micron shares (MU) rose 17% before the bell on Thursday after the chipmaker forecast higher-than-expected revenue for the coming quarter. Micron forecast first-quarter revenue of $8.5 billion to $8.9 billion, above the $8.3 billion analysts expected. Company executives attributed the increased expectations to a more favorable pricing environment and robust demand for Micron’s memory chips … Read more
Robert Papalia took early retirement to care for his wife Marie.Robert Papalia Robert Papalia, 74, took early retirement to care for his ailing wife Marie. The couple’s monthly pre-tax retirement income is being squeezed by medical bills and taxes. Many Americans face similar financial challenges and rely on Social Security amid high medical costs. Robert … Read more
Getty; Chelsea Jia Feng/BI Hedge fund manager Eric Jackson believes an “everything rally” in the stock market could happen. Jackson compared the economic environment to the 1982 bull market, when interest rates fell and the economy grew. Interest rate cuts, economic growth and changes in the yield curve favor risky investments. The stock market’s relentless … Read more
Some wealthier millennials and Gen Zers are saving too much for retirement.Getty Images Nearly half of Americans who retire at age 65 are at risk of running out of money, Morningstar finds. Single women have a 55% chance of running out of money, more than single men and couples. Experts recommend better tax planning and … Read more
While nothing will be more popular among the investing community than artificial intelligence (AI) in 2024, the euphoria surrounding stock splits could give AI a run for its money. A stock split is a tool at the disposal of listed companies that allows them to adjust their share price and the number of shares outstanding … Read more