Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. While everyone is undergoing FOMO over the AI bandwagon, many investors seek to balance their portfolios by adding reliable dividend stocks. In January, Josh Duitz, Abrdn’s deputy head of global equities, predicted that dividend stocks would play a key role this year. Talking to CNBC, the analyst said that since 1936, dividend stocks have accounted for about 36% of the total market returns. He believed dividends would outperform even if we had a recession. Don’t Miss: But which dividend stocks to buy for…
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McLaren has publicly expressed its discontent with the FIA’s recent ruling to reject their petition for a review of Lando Norris’ five-second penalty from the United States Grand Prix. The FIA determined that an error in their documentation did not constitute new evidence, which McLaren argued was critical to their case. The penalty was issued after Norris left the track while attempting to overtake Max Verstappen for third place, leading to an unfavorable race classification for the McLaren driver. The incident unfolded on lap 52 when Norris attempted to pass Verstappen at Turn 12. Both drivers went off the track,…
“Shark Tank,” the business-minded reality series that matches entrepreneurs with investors, touts itself as “the show that dares to dream.”For Danielle Mahon, that dream paid off on Friday night.A New Jersey native now living in North Carolina, Mahon pitched her at-home seafood boil company, Topsail Steamer on the second episode of the show’s 16th season. She landed a deal with investors Todd Graves, founder of Raising Cane’s Chicken Fingers, and Laurie Greiner.Topsail Steamer sells take-home steam pots filled with fresh seafood and spices. The business launched in North Carolina in 2017 and now has stores in New Jersey, Delaware, Alabama,…
Max Verstappen’s Friday at the Mexican Grand Prix was marred by engine troubles, leading team principal Christian Horner to suggest that a grid penalty for exceeding power unit limits may not be ruled out. After reporting a “weird noise” in his Honda power unit during practice, Verstappen was only able to complete 18 laps across both sessions. Although he finished the first practice session with the fourth fastest time, concerns about engine reliability overshadowed his performance. In the first practice session, Verstappen experienced a lack of power from his engine, causing him to sit out the final minutes. His struggles…
KKR has continued to grow for 50 years because we have been willing to change Source link
Sergio Perez’s position at Red Bull Racing is becoming increasingly precarious, despite having signed a two-year contract extension earlier this year. Following a disappointing run of 14 races without a podium finish, which culminated in the recent United States Grand Prix, Perez is facing mounting pressure both personally and within the team. His struggles have not only widened the gap between him and teammate Max Verstappen in the Drivers’ Championship—over 200 points—but they have also contributed to Red Bull losing its lead in the Constructors’ standings to McLaren, with Ferrari close behind. Helmut Marko, Red Bull’s advisor, has made it…
The running session at the Mexican F1 GP on Friday was far from thrilling, as teams shifted their focus to a crucial tyre test. Pirelli, the official tyre supplier for Formula 1, is preparing to introduce new tyre compounds in 2025, including the C6 tyre designed to mimic the characteristics of the old ultrasoft and hypersoft tyres. This session was an opportunity for teams to collect valuable data that could impact their strategies for the upcoming seasons, despite the lack of traditional racing excitement. In FP2, drivers participated in a well-structured testing session under Pirelli’s guidelines, which lasted for an…
The excitement behind artificial intelligence has driven the market to all-time highs. Any company that can tie its business to the future of artificial intelligence has seemingly done well, promising huge demand for its products or services from a new and untapped market. But as valuations have soared, the short sellers have moved in, trying to find stocks that can’t live up to the promise or hype. Short sellers have honed in on the computer server and cloud provider Super Micro Computer (NASDAQ: SMCI) and the telecommunications company Lumen Technologies (NYSE: LUMN). Wall Street analysts are telling investors to sell…
In the 1970s, Volkswagen faced a significant challenge in following up on the success of the Beetle, which had been a global icon but was now struggling in the U.S. and Germany. With Beetle sales slumping and competition intensifying from brands like Opel, VW needed a fresh approach to the “people’s car” concept. This led to the development of the Volkswagen Golf, which would go on to redefine compact car standards and eventually become one of VW’s best-selling models. The Golf offered a more modern, practical design that was better suited to changing consumer tastes and economic conditions, making it…
Radford Motors, a company founded by 2009 Formula 1 champion Jenson Button and well-known mechanic Ant Anstead, announced its plans in 2021 to produce a supercar inspired by the iconic Lotus Type 62. The vehicle, named the Type 62-2, was intended as a low-production, retro-styled supercar built on a Lotus Exige chassis. This car aimed to pay homage to the original Lotus Type 62, a race car from the late 1960s and early 1970s. However, as of 2024, Radford Motors has filed for Chapter 11 bankruptcy, casting doubt on the continuation of the Type 62-2 project. The bankruptcy filing, made…