Image source: Getty Images The Lloyds (LSE:LLOY) share price has staged a long-awaited recovery over the past 12 months. It’s been great for long-suffering investors like myself. However, Lloyds stock could push even higher in the coming years — that’s according to several analysts. And there’s one potentially overlooked reason for this. Let’s take a closer look. Unwinding the hedge The UK’s major banks are poised to benefit from higher interest rates for years to come, thanks to a financial strategy called structural hedging. The structural hedge, which banks use to protect their earnings from sudden interest rate changes, involves…
Author: user
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with:I think I have fully processed my time spent at Salesforce’s (CRM) annual extravaganza in San Francisco, known as Dreamforce.This was my fourth Dreamforce, and it was fascinating per usual — including a dinner at the top of the 61-floor Salesforce Tower with Matthew McConaughey (a longtime friend and pitchman for the SaaS giant), Will.i.Am, Metallica lead drummer Lars Ulrich, one of Nvidia’s (NVDA) founding GPU creators, and Anthropic co-founder Daniela Amodei (who gave some great brief remarks on…
The minivan segment, once thought to be on the decline, is showing signs of resilience. Despite the dominance of SUVs and crossovers, models like the Chrysler Pacifica and Toyota Sienna continue to attract buyers. The 2025 Toyota Sienna, in particular, is making waves with its advanced features, including a rear seat reminder system that utilizes millimeter-wave radar technology. While Stellantis’ Chrysler Pacifica maintained its lead in the segment, the Toyota Sienna demonstrated strong growth, outselling its rivals with a 17.6% increase in sales during the first half of 2024. The Kia Carnival also experienced significant gains, further highlighting the ongoing…
SOUTH SAN FRANCISCO, Calif., Sept. 22, 2024 /PRNewswire/ — IDEAYA Biosciences (NASDAQ:), Inc. (Nasdaq:IDYA), a precision medicine oncology company committed to the discovery and development of targeted therapeutics, today announced that the company plans to issue a pre-market press release and conduct an investor webcast on Monday, September 23, 2024, at 8:00 a.m. ET to report interim Phase 2 data for darovasertib and provide a regulatory update from FDA Type C meeting in neoadjuvant uveal melanoma (UM). Darovasertib is a potent and selective protein kinase C (PKC) inhibitor being developed to broadly address primary and metastatic UM. The investor webcast…
This post is sponsored by Keating Law Offices.Update 9/20/24, 2:30 PM: If he hadn’t already, Ald. Matt Martin (47th), has gotten on the bus to support saving the Greyhound station a statement released this afternoon in his newsletter, citing reproductive rights issues. “I recently met with the Midwest Access Coalition about the looming closure of Chicago’s only Greyhound bus station. If it closes, Chicago will be the only major city in the northern hemisphere without a bus station. The Coalition provides travel and support for those seeking reproductive care, which can be illegal or rare in their home states. This station is…
Google Maps has recently introduced a significant enhancement for Android Auto users. The new feature allows users to seamlessly add stops to their navigation routes, providing greater flexibility and convenience during their journeys. Previously, users were limited to setting only a single destination, which could be cumbersome for those with multiple stops planned. To utilize this new functionality, users simply need to select their desired destination and then click the “Add stop” button that appears on the screen. This action will prompt them to enter the details of the additional stop they wish to include in their route. Once the…
Vice President and Democratic presidential candidate Kamala Harris (R) shakes hands with former President and Republican presidential candidate Donald Trump during a presidential debate at the National Constitution Center in Philadelphia on Sept. 10, 2024.Saul Loeb | Afp | Getty ImagesVice President Kamala Harris substantially outraised and outspent former President Donald Trump in August, ending the month with more cash to fund her final sprint to the November election, according to new filings from the Federal Election Commission.The Harris campaign raised over $189 million in August, more than quadruple the $44 million sum that the Trump campaign brought in.Those figures…
Image source: Getty Images Reaching the £10,000 mark is a key milestone for many savers. It’s a huge achievement, but a sizeable nest egg brings dilemmas. Getting the best bang for your buck is an important consideration. After all, it’s possible to turn this sum into a chunky passive income stream with savvy investments. Cash savings accounts have merits. They’re much less volatile than dividend shares. However, potential stock market returns can be considerably higher. Investors who are prepared to embrace the risks could be handsomely rewarded. Here’s how I’d target nearly £500 in monthly passive income from a dividend…
VANCOUVER, British Columbia, Sept. 20, 2024 (GLOBE NEWSWIRE) — Metasphere Labs Inc. (“Metasphere” or the “Company”) (CSE: LABZ ) (OTC: LABZF) (FRA: H1N) , a leader in metaverse and Web3 strategies, is pleased to announce the successful completion of the development of Pure Sky Registry LLC’s (“Pure Sky”) blockchain-based carbon credit registry. This marks a significant milestone in leveraging blockchain technology to enhance transparency, efficiency, and security in carbon credit management. While most ReFi (Regenerative Finance) carbon credit projects focus on tokenizing legacy carbon credits, Pure Sky’s solution is built natively on the blockchain, following ISO 14000 carbon offsetting standards.…
US equities are trading near record highs after the Federal Reserve cut interest rates last week, but a long-time chartmaster doesn’t believe the euphoria is warranted.Immediately after the Fed meeting, the S&P 500 spiked before giving up its gains. But the next day, the index soared nearly 2% to an all-time high of more than 5,700.That sudden surge probably isn’t sustainable, said David Keller, the president and strategy chief at Sierra Alpha Research, in a recent interview with Business Insider.”I’m super skeptical about strong further upside from what we’ve experienced so far,” Keller told BI. He added that this move…