In 2022, as the Federal Reserve was rapidly raising its target interest rate to counter inflation, investors and economists described it as the end of an era. Decades of historically low interest rates juiced returns and materially altered investing.But a new period has begun. The biggest impact on investing during the coming decades won’t be how high or low rates are, it will be earth’s oceans, according to a new report by Investcorp. “The sweeping transformations wrought by warming and climate change will be the most important and profound investment shift of the next several decades, posing enormous opportunity for…
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Value-investing legend Bill Nygren says the S&P 500 lacks the diversification it once had.He likes to invest in inexpensive companies with enough capital on hand to consistently buy back shares.Nygren mentioned Corebridge Financial as a top pick that checks all his boxes. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. The S&P 500 isn’t…
If Russia’s war on Ukraine shocked Europe into realising the folly of its dependence on Moscow for gas suppplies, growing geopolitical uncertainty has forced the EU to consider where it sources the raw materials, from copper to rare earth metals, needed for the energy transition. ADVERTISEMENTOn 5 April, European Commission executive vice-president Valdis Dombrovskis and Uzbekistan’s Minister of investment, industry and trade Laziz Kudratov launched a strategic partnership on critical raw materials. This was only the latest such deal, part of a concerted diplomatic and political effort by the von der Leyen commission to secure access to a range of…
Microsoft (MSFT) received a rare Wall Street downgrade on Monday over concerns the tech giant’s artificial intelligence lead is diminishing and that it has become too reliant on Nvidia (NVDA) for its AI infrastructure.Analysts at D.A. Davidson downgraded the stock to Neutral from Buy, keeping their price target unchanged at $475, which still implies around an 8% upside from current levels.The firm noted that Microsoft’s early investments and commercial product rollouts initially gave the company an advantage over Amazon (AMZN) and Google (GOOGL, GOOG), who it said were both “caught flat-footed.”Since then, Amazon and Google “have invested in catching up…
Beasley Broadcast Group Inc. (NASDAQ:) has enacted a 1-for-20 reverse stock split of its Class A and Class B common stock, effective today. The adjustment was made official through a Certificate of Amendment to its Amended and Restated Certificate of Incorporation filed with the Secretary of State of Delaware. The reverse stock split, which became effective as of 11:59 p.m. Eastern Time today, means that for every 20 shares of Beasley Broadcast Group’s common stock held by a shareholder, they will now own a single share. No fractional shares will be issued in the process; instead, the company will compensate…
It appears that the recent backlash against BMW’s bold design choices has finally reached the top brass. The Bavarian automaker is undergoing a significant restructuring of its design teams, effective October 1st. While Adrian van Hooydonk remains the chief designer, Domagoj Dukec, who has been at the helm of BMW’s design since 2019, is being reassigned to Rolls-Royce. To address the concerns surrounding the controversial designs of models like the XM and the 7 Series, BMW has divided its design responsibilities between two teams. Oliver Heilmer, previously the chief designer at MINI, will now oversee the design of small to…
Cero Therapeutics Holdings, Inc. (NASDAQ:CERO), a biotechnology company specializing in biological products, announced the upcoming departure of Chief Financial Officer (CFO) Charles R. Carter. On Monday, the company disclosed in a regulatory filing that Mr. Carter plans to leave his position to accept a new role with another publicly-traded company. According to the filing with the Securities and Exchange Commission (SEC), Mr. Carter will continue his duties as CFO until September 30, 2024. He has also expressed his willingness to support the transition of his responsibilities to his successor for a short time beyond his departure date. The Board of…
Since its inception in 1955, Yamaha has been a formidable force in motorcycles. Their commitment to performance and innovation has led them to dominate various racing circuits, including the prestigious WorldSBK series. One of the cornerstones of their success has been the R1, a supersport motorcycle that has consistently pushed the boundaries of what is possible on two wheels. The 2025 Yamaha R1 Race is the latest iteration of this iconic model. Building upon the legacy of its predecessors, this new machine boasts a host of improvements designed to maintain its competitive edge. From its powerful engine to its advanced…
State regulators are in a tight spot when it comes to reducing emissions from jet fuel. Source link
The Subaru Solterra and WRX have recently been evaluated by the Insurance Institute for Highway Safety (IIHS). While the Solterra, a fully electric SUV, earned the highest rating of Top Safety Pick+, the WRX, a traditional gas-powered sedan, was awarded the slightly lower Top Safety Pick. The difference lies in the IIHS’s stringent criteria for the Top Safety Pick+ designation, which requires excellent performance in various crash tests and safety features. The Solterra, sharing its platform with Toyota’s bZ4X, excelled in all tests. However, the WRX fell short in the updated moderate overlap front crash test, receiving a “marginal” rating…