The 1978 Lincoln Continental Mark V Diamond Jubilee Edition stands as a testament to the opulence and grandeur of the automotive era. Its imposing stature, adorned with a striking Diamond Blue Metallic hue and a Landau style vinyl roof, immediately commands attention. This two door coupe, a product of Ford’s Wixom Assembly plant, was a departure from the downsizing trend of the time, boasting a length that defied modern parking standards. Equipped with a plush blue cloth interior, bucket seats, and a host of luxury amenities, the Mark V offered a level of comfort and sophistication that few cars could…
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TD Cowen demonstrated confidence in MicroStrategy (NASDAQ:MSTR) by raising the company’s price target to $200 from the previous $195, while retaining a Buy rating on the stock. The adjustment follows MicroStrategy’s recent financial maneuvers, which have notably reshaped its investment capacity. The company successfully completed debt transactions last week, which allowed it to purchase an additional 7,420 bitcoins at an average price of $61,750, totaling approximately $458 million. This strategic move not only expanded MicroStrategy’s bitcoin holdings but also significantly reduced its interest expenses. TD Cowen highlighted that MicroStrategy has effectively increased its ability to acquire more bitcoin in the…
Alaska Energy Metals Corporation has announced a pioneering collaboration with the Colorado School of Mines and Virginia Polytechnic Institute (Virginia Tech). This partnership aims to evaluate the carbon sequestration potential of its Eureka nickel deposit at the Nikolai project in Alaska. The collaboration aims to evaluate how much carbon dioxide (CO2) can be captured and stored by the project while simultaneously extracting critical minerals for the energy transition. These include nickel, copper, cobalt, and platinum group metals (PGMs). Greg Beischer, President and CEO of Alaska Energy Metals, emphasized the importance of sustainable mining, saying that: “U.S. domestic mining is essential…
AGNC Investment (NASDAQ: AGNC) stands out among dividend stocks. The mortgage-focused real estate investment trust (REIT) currently yields more than 13%. That puts its payout 10 times higher than the S&P 500’s dividend yield. The REIT pays its investors each month, enabling them to collect a very lucrative passive income stream. However, if there’s one knock against AGNC Investment, it’s that it doesn’t increase its dividend. The total returns investors earn tend to be limited to the mortgage REIT’s monthly dividend.Those looking for a bit more excitement should check out fellow REIT EPR Properties (NYSE: EPR). It also pays a…
Bonsai Partners, an investment management company, released its Q2 2024 Investor letter. A copy of the letter can be downloaded here. For the six months ended June 30, 2024, the fund declined -3.3% net of fees and expenses. The S&P 500 Total Return Index appreciated 15.3% during this period. In addition, you can check the fund’s top 5 holdings to find out its best picks for 2024.Bonsai Partners highlighted stocks like Ubiquiti Inc. (NYSE:UI), in the second quarter 2024 investor letter. Ubiquiti Inc. (NYSE:UI) is a networking technology developer for service providers, enterprises, and consumers. The one-month return of Ubiquiti Inc.…
Rivian, the upstart electric vehicle manufacturer, has once again raised the bar with its latest creation. The 2025 R1S, a fully electric SUV, is a testament to the company’s commitment to performance and innovation. With a starting price of $115,900, it’s a significant investment but one that promises a truly exceptional driving experience. Powered by a quad-motor setup, the R1S boasts an impressive 1,000 horsepower and 1,198 lb-ft of torque. This translates to a blistering 0-60 mph acceleration time of just 2.6 seconds. The SUV’s range is also impressive, thanks to its large 141.5-kWh battery pack. Beyond its performance credentials,…
McLaren Automotive has issued a safety recall for 1,012 units of its discontinued GT supercar. The recall is due to a potential issue with the hood latch manual release cables. These cables may become damaged or improperly routed, leading to excessive tension and causing the hood to open unexpectedly while driving. This poses a significant safety risk as the hood could strike the windshield and remain in the upright position. The affected vehicles are from the 2020 to 2023 model years and were produced between September 12, 2019, and May 19, 2023. McLaren Recalls Over 1,000 GT Supercars for Hood…
Image source: Getty Images Research has consistently shown that value stocks can massively outperform the market over the very long term. But investors still have to be careful. What seems like a bargain can sometimes turn into a costly mistake. Share price crash Shoe-seller Dr Martens (LSE: DOCS) is one example. This has been a catastrophic investment for anyone unlucky enough to hold its stock. Since listing in 2021, the share price has fallen just under 90%. Frankly, I’m not surprised. While I’ve long been a fan of its legendary boots (and still own a pair!), it’s easy to see…
Since its initial public offering in late 2020, Palantir Technologies (NYSE: PLTR) has been one of the most polarizing stocks on Wall Street. Jim Cramer recently referred to it as a “meme stock,” and last year, an online publisher of short reports labeled it an “AI imposter.”Although its work with the U.S. military and intelligence agencies can cause Palantir to come across as elusive or secretive, I would argue that the negative sentiment surrounding the company is rooted in a misunderstanding of its business and value proposition. Simply put, Palantir is not your run-of-the-mill enterprise software company.With its shares up…
This nearly new Ford F-450 Super Duty dually pickup truck is a King Ranch Crew Cab model with a low mileage of 421 miles. It was originally purchased by a dealer in Fort Myers, Florida, and is now being offered for sale once again. This powerful workhorse is known for its exceptional towing capacity and durability, making it ideal for demanding tasks. The F-450’s dual configuration provides enhanced stability and traction, making it suitable for hauling heavy loads. Its robust frame and powerful diesel engine, a 6.7-liter Power Stroke V8, allow it to tow upwards of 40,000 pounds. The King…