Trump Media & Technology Group stock (DJT) extended its massive rally on Monday, jumping as much as 9% as investors bet on former President Donald Trump’s improved odds of winning the November election.Over the weekend, both domestic and overseas betting markets shifted in favor of a Trump victory, with prediction sites like Polymarket, PredictIt, and Kalshi all showing Trump’s presidential chances ahead of those of Democratic nominee and current Vice President Kamala Harris.Separately, DJT announced the web launch of its Truth+ TV streaming service on Monday. The app is currently available to access on Android devices and will soon be…
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Clearwater Analytics Holdings, Inc. (CWAN) stock has reached a notable milestone, hitting a 52-week high of $26.09. This peak reflects a significant uptrend in the company’s market performance, marking a substantial gain from its position a year ago. Investors have shown increased confidence in Clearwater Analytics, as evidenced by the impressive 1-year change data, which shows a 32.8% surge in the stock’s value. This rally underscores the market’s positive reception to the company’s strategic initiatives and growth prospects. In other recent news, Clearwater Analytics has demonstrated robust growth with a 19% increase in revenue year-over-year for the second quarter of…
The historical trend is about to turn bullish for stocks. The Stock Trader’s Almanac issued a seasonal buy signal for equities, saying investors who sold in May can start to come back to the market now as the calendar nears what are historically the best six months of the year. The six-month period from November through April boasts a stellar track record for equities while, typically, the months from May through October are more lackluster. Take a look at what’s happened with the Dow Jones Industrial Average . Since 1950, the November-April period accounted for the bulk of the benchmark’s…
Image source: Getty Images Investing in UK shares is, in my view, one of the best ways to make a large and reliable second income. I also believe that buying dividend-paying exchange-traded funds (ETFs) can be an effective way to reach the same goal. Here’s a top FTSE 250 share and a Europe-focused ETF I’d buy for passive income if I had cash to invest today. NextEnergy Solar Fund Electricity is one of modern society’s essential commodities. And so investing in one of the London stock market’s energy producers can be a great way to source a dividend income. NextEnergy…
The race to decarbonise is accelerating, but for asset owners, navigating the complexities of transition assets remains a tricky balancing act. “An uncertain macroeconomic backdrop has created short-term challenges for transitions assets,” shared Luke Layfield, head of portfolio management, private markets at Aviva Investors. Transition assets—investments that support the shift from carbon-intensive to greener, more sustainable economies—offer significant potential. Luke Layfield Aviva Investors “High inflation has rendered redevelopment projects more expensive, and elevated interest rates have put pressure on borrowers, leading to a sharp repricing of real estate in some markets,” Layfield told AsianInvestor. A World Economic Forum study supports this…
Freshpet Inc (NASDAQ:) stock soared to a 52-week high of $144.48, reflecting a remarkable year of growth for the company. The premium pet food producer has seen its shares surge, with a 1-year change showing an impressive 152.91% increase. This surge in stock price underscores the strong demand for Freshpet’s natural and refrigerated pet food products, as pet owners increasingly seek healthier options for their furry companions. The company’s commitment to quality and innovation has evidently resonated well with consumers and investors alike, propelling the stock to new heights over the past year. In other recent news, Freshpet’s anticipated third-quarter…
TICO Manufacturing, a division of Terminal Investment Corporation, will invest an additional $1.6 million and adding 38 jobs at the Cypress Ridge Industrial Park, located in Ridgeland, South Carolina. The company’s expansion is focused on a remanufacturing and repair operation that will include converting TICO terminal diesel trucks to electric. The project will occur over the next 18 months.“TICO is pleased to announce our expansion in Ridgeland with the acquisition of an existing facility to be upfitted and modernized at Cypress Ridge Industrial Park,” said Jim Grooms, Division President of TICO Manufacturing. “We would like to thank the town of…
Expert Finds Trump’s Tax Proposal Drains Money From 95% Of Households And Funnels It To The Top 5%, Widening Wealth GapFormer President Donald Trump’s proposed tax plan has stirred up fresh controversy. A new analysis shows that it could provide substantial tax cuts for the nation’s wealthiest while burdening the rest with tax increases by 2026.According to a recent Institute on Taxation and Economic Policy (ITEP) report, the top 1% of earners could enjoy an average tax cut of over $36,300. In comparison, the next 4% would see cuts averaging $7,200. Meanwhile, 95% of Americans could face tax hikes ranging…
Image source: Getty Images Some FTSE 100 stocks regularly grab the headlines and yet struggle to create wealth for their investors. Others quietly deliver. Today, I’m looking at two of the latter that have been massively outperforming the index. Top stock Shares in clothing and homewares retailer Next (LSE: NXT) have been on a tear, rising 43% in the last 12 months and 26% in 2024 so far. This compares (very) favourably to the FTSE 100 gains of 8% and 7% respectively. The firm’s most recent update provides me with a snapshot of why things are going so well. In…
Investing to generate carbon credits is yet to scale in Africa, in part due to a lack of appetite among developed market buyers, according to panellists at AVCA’s Sustainable Investing in Africa Summit. “They are a massive opportunity”, said Josep Oriol-Bosch, managing partner of Okavango Capital Partners. “They are very good way to generate flows of capital from those polluting countries to the global south.” Carbon credits are increasingly playing a role in natural capital investment strategies. More than 50 firms have strategies seeking to deliver carbon sequestration through natural means, according to research from consultant Bfinance. Just Climate and Ardian brought their…