Wall Street extended its weekly winning streak to six in a row. Earnings drove the stock market higher — can they do it again in the week ahead? The S & P 500 and the Dow both closed Friday at new record highs and turned in their best weeks of the year. But on a percentage basis, up more than 0.6%, it was the tech-heavy Nasdaq that drove the action Friday after Netflix stock’s 11% post-earnings gain. The Nasdaq finished less than 1% away from its July all-time highs. All that buying last week almost landed the market back in…
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Mercedes faced a challenging qualifying session at the United States Grand Prix in Austin, leaving the team principal Toto Wolff frustrated. Sky F1’s Ted Kravitz revealed that Wolff turned down an interview after the session, as Mercedes had a disappointing performance overall. Lewis Hamilton qualified in 19th, which would improve to 18th due to grid penalties for Liam Lawson, while George Russell managed sixth but crashed out late in Q3. Mercedes had high hopes with their final upgrade package of the 2024 season but couldn’t capitalize on it in qualifying. Hamilton’s poor qualifying marked his first time starting from the…
Fernando Alonso explained the situation involving Liam Lawson during qualifying in Austin, addressing the tension between them that stemmed from the previous day’s Sprint race. Alonso had called Lawson “such an idiot” over the team radio for his defensive driving during their battle for 16th position in the Sprint, and the two drivers later discussed the incident in parc fermé. During Q1 of the main event, Alonso was seen cutting in front of Lawson after exiting the pit lane, which raised eyebrows and reignited the rivalry between the two. Lawson believed Alonso’s move in qualifying was no coincidence, recalling that…
As every investor would know, not every swing hits the sweet spot. But you have a problem if you face massive losses more than once in a while. So consider, for a moment, the misfortune of Sutro Biopharma, Inc. (NASDAQ:STRO) investors who have held the stock for three years as it declined a whopping 80%. That would be a disturbing experience. We really feel for shareholders in this scenario. It’s a good reminder of the importance of diversification, and it’s worth keeping in mind there’s more to life than money, anyway.Now let’s have a look at the company’s fundamentals, and…
Eddie Jordan, the former owner of an F1 team, is reportedly interested in acquiring the London Irish rugby union club. This interest emerged shortly after he played a significant role in facilitating the high-profile transfer of Adrian Newey from Red Bull Racing to Aston Martin for the 2025 Formula 1 season. Jordan’s potential entry into rugby indicates a new direction in his career, as he has primarily focused on motorsport since selling his team in 2005 and transitioning into television punditry. Jordan has not been directly involved in Formula 1 since selling his team nearly two decades ago. Instead, he…
Lando Norris expressed that his pole lap at the Austin Grand Prix was one of the best moments in his career, narrowly beating rival Max Verstappen by just three-hundredths of a second. The qualifying session took a dramatic turn when George Russell crashed at Turn 19, bringing out a late red flag that neutralized the session. This unexpected halt added an extra layer of tension to an already close contest among the top contenders, as Norris prepared to face Verstappen on the front row during the race. Norris attributed part of his success to setup changes made to his McLaren…
Image source: Getty Images For many of us, a Stocks and Shares ISA is an important financial tool. Hopefully, it can help us build wealth. Just as it makes sense to get a vehicle MOT or a personal health check, I think it makes good sense to review an investor’s ISA periodically with the objective of trying to boost returns. Here are five steps I would take to that end. 1. Revisiting investment cases When buying a share, consider the investment case. Whether or not it is put in that language, that is what is going on when someone purchases…
Niagara Bottling, Pharmavite announce new investments in Opelika, Alabama, facilitiesTwo companies, Niagara Bottling and Pharmavite, are making significant investments to expand their facilities in Opelika.California-based Niagara Bottling, in business since 1963, opened its Opelika facility in early 2023 with an initial capital investment of more than $114 million, creating more than 65 jobs. The company will invest an estimated additional $35 million and expects to create 18 additional jobs.Meanwhile, Pharmavite, one of the nation’s largest manufacturers of vitamins, minerals and other dietary supplements, including gummies, will invest more than $12 million to improve its operations in Opelika, Mayor Gary Fuller…
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts.Instead of raging against the machine, serial entrepreneur Adam Dell is encouraging us to embrace AI in financial planning.“[It] is going to pervade every aspect of our economy,” the Domain Money CEO told Yahoo Finance Executive Editor Brian Sozzi on Yahoo Finance’s Opening Bid podcast (video above; listen in below). “These tools are so powerful.”This embedded content is not available in your region.The financial services industry has already begun to benefit from what AI can offer.A study from Ernst & Young revealed 99% of…
Liam Lawson has shared his thoughts on a recent confrontation with Fernando Alonso following their intense battle during the Sprint race in Austin. The exchange became particularly heated when Alonso labeled Lawson as “such an idiot” for his defensive driving while contesting for 16th place. Their discussion continued after the race, with Lawson recalling that Alonso had ominously stated he would “screw” him, an intention Lawson feels was realized when Alonso cut in front of him during qualifying. During the qualifying session, Alonso, who exited the pit lane behind Lawson, swiftly maneuvered around him. Lawson acknowledged this move to his…