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☆ Everything you need know about DuPont's earnings warning and our price target change on the stock
▼ + stars: | 2024-01-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +6 min

DuPont preannounced disappointing earnings results before the opening bell Wednesday, sending the stock down roughly 13%. Operating fourth-quarter EBITDA (earnings before interest, taxes, depreciation, and amortization) is expected to be about $715 million, operating cash flow about $640 million, and adjusted free cash flow is expected to be about $500 million. That compares to estimates, according to FactSet, of $746 million, $573 million and $447 million, respectively. These forecasts represent across-the-board misses versus Street expectations for sales of $3.04 billion, operating EBITDA of $751 million, and earnings of 88 cents per share. Given the slower recovery and impact on 2024 earnings, we are reducing our DuPont price target to $78 per share from $85.

Persons: We're, That's, destocking, it's, Dupont, Patience, Danaher, Jim Cramer's, Jim Cramer, Jim, Jeff Fusco Organizations: DuPont, LSEG, Caterpillar, Nvidia, Danaher, Devices, AMD, Broadcom, CNBC Locations: Wilmington , Delaware

☆ 3 big challenges facing Netflix as the streaming wars enter a brutal new phase
▼ + stars: | 2024-01-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

Hollywood stakeholders and analysts alike have declared Netflix the winner of the streaming wars — but the celebration may be short-lived as streaming enters a new phase. Analysts can't say for sure how much more subscriber growth Netflix can add through its cheaper ad tier and password-sharing crackdown, though. Plus, Netflix is about to face big competition for ad dollars from Amazon, which will launch ads on Prime Video starting January 29. Also, Big Tech's ability to fund their streaming services indefinitely could keep subscription prices depressed for Netflix, along with everyone else, Bernstein noted. But now that the strikes are over, some analysts predict Netflix will face a bigger content bill going forward.

Persons: Scott Stuber, Forrester, Mike Proulx, Brian Wieser, Evercore, Peacock, Oscar, Ted Sarandos, Netflix isn't, Gen, Bernstein, Jason Bazinet Organizations: Netflix, Business, Disney, Macquarie Research, Paramount, Citigroup Locations: Canada, North America

☆ The chartmaster who predicted the robust year-end rally shares when the S&P 500 will break through the 5,000 milestone — and outlines a 4-part investing blueprint for a disappointing pullback
▼ + stars: | 2024-01-21 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Just over two months ago, the S&P 500 was at a breaking point. After Keller's call, the S&P 500 rose nearly 6% in six weeks. The S&P 500 was stuck in purgatory for weeks, barely budging from the 4,769 level at which it entered 2024. David Keller, StockCharts.comExpect the S&P 500 to heat up heading into the summerDespite stocks' shaky near-term prospects, Keller believes their medium-term outlook is rosy. In all likelihood, Keller said the S&P 500 will regain momentum after a near-term hiccup and push toward the 5,000 milestone in April, May, or June.

Persons: David Keller, naysayers, Keller, it'll, StockCharts.com, that's Organizations: Business, Nvidia, Devices, AMD, VanEck Semiconductor Locations: StockCharts.com

☆ Prepping for America's Collapse: Inside an Off-the-Grid Utah Homestead
▼ + stars: | 2024-01-18 | by ( Evan Malmgren | ) www.businessinsider.com time to read: +17 min

The folks at Riverbed Ranch have answered these questions decisively, embracing a radical turn toward self-reliance and small-scale sustainability. He founded Riverbed Ranch after losing power during a winter storm. Gleason's wife, Colleen, said of Riverbed residents in a 2021 TV interview : "Most of them tend to be prepper types." AdvertisementGleason envisions Riverbed Ranch as a safe environment for families: "This is about the kids." "The American idea that we're going to go on forever is naive at best," Fisher told me.

Persons: Jesse Fisher's, Fisher, Philip Gleason, they'd, Gleason, Jesse Fisher, of Jesus Christ, Elon, Blonquist Gleason, " Gleason, Colleen, bristled, Priscilla Hart, Hart, you've, Sarah Vezzani, —, Vezzani, Lance Pope, Brittany Organizations: Apple Watch, of Jesus, dodgers, Fox News, Pew Research, Rockies Locations: Utah, Ukraine, Gaza, Idaho, Ogden , Utah, Ogden, Nebraska, America, Arizona, Santaquin , Utah

☆ Harvard's president resigning means more drama for other universities
▼ + stars: | 2024-01-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the resignation of another Ivy League president and the knock-on effect it'll have on education in the US. The big storyIvy League issuesBrian Snyder/ReutersClaudine Gay's tenure as Harvard president wasn't long, but it won't be forgotten. Alan Garber, Harvard's provost and chief academic officer, will serve as interim president, the school's board announced. Gay is the second Ivy League president to step down in less than a month, following in the footsteps of former Penn president Elizabeth Magill. Harvard president Claudine Gay Kevin Dietsch/Getty ImagesGay and Magill's departures highlight the tension between businesses and prestigious universities and the former's influence over the latter.

Persons: —, Bob Marley, John Wick, Brian Snyder, Claudine Gay's, wasn't, Gay, Alan Garber, Harvard's, Elizabeth Magill, Magill, Sally Kornbluth, Bill Ackman, Claudine Gay Kevin Dietsch, Business Insider's Paul Squire, Lucas Jackson, Tesla, Goldman, Tyler Le, it's, Warren Buffett, Greta Thunberg, Florence Pugh, Mel Gibson, J.R.R, Tolkien, Eli Manning, Max Willcocks, Dan DeFrancesco, Diamond Naga Siu, Hallam Bullock, Jordan Parker Erb, Hayley Hudson, Lisa Ryan Organizations: Service, Ivy League, Business, Harvard, Ivy, Penn, Gay, MIT, GOP, Big Tech, Apple, Microsoft, Nvidia, Meta, Boston Consulting Group, Cushman & Wakefield, LinkedIn, SAP, Verizon Consumer Group, EV, Elon, Jiji Press, Japan Airlines, New York Locations: China, Jisoo, New York, San Diego, London, Edinburgh

☆ The S&P 500 could close at record on final trading day - that is a very rare market event
▼ + stars: | 2023-12-29 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

What little suspense is left in the year revolves around whether the S & P 500 can close at a historic high. Closing the year at a historic high is a fairly rare event — it's only happened eight times since 1926, and only four times since 1963, according to S & P Global: 2020, 2013, 1999, 1991, 1963, 1958, 1954, 1928. So far, the S & P is up 0.9% in these first four of the seven days. The S & P internals are almost the opposite of where they were a year ago. S & P 500: overbought and expensive: Relative Strength Indicator (RSI): 72 (overbought) % stocks over 50-day- moving average: 89% (high, overbought) Forward earnings P/E: 19.6 (expensive) Earnings growth: 11% (high) Markets are positioned very bullish.

Persons: Santa Claus, Ingersoll Rand, Parker, Eaton, General Mills, Hendrik Bessembinder, It's Organizations: Mastercard, Capital, American Express, Union Pacific, General, Nike, FedEx, Global, CFA, U.S Locations: Santa, Eaton, Hannifin, Wayfair, United States

☆ A look back at a remarkable stock market year, and what should worry investors into 2024
▼ + stars: | 2023-12-28 | by ( Bob Pisani | ) www.cnbc.com time to read: +10 min

A few days ago, S & P noted that the S & P 500 total return of 25.85% would only be up 9.49% ex the Magnificent 7. If you own the S & P 500 long-term, you are participating in those gains. The S & P is up 1,200 points (25%) since then and is knocking on the door of an historic high. The S & P 500 is overbought and expensive on most metrics. The S & P 500 up almost 25% in a year is the kind of problem a lot of people would be happy to have.

Persons: Russell, YTD, General Mills, it's, Staples, Campbell, Mills Organizations: AMD, Arista Networks, Apple, Meta, Nvidia, Nasdaq, Nike, FedEx, General, NextEra, Utilities, Treasuries Locations: Russia, Ukraine, Israel, Wayfair, Devon, Chevron

☆ How Cramer makes sense of the 'great bottom' of 2023
▼ + stars: | 2023-12-03 | by ( Jim Cramer | ) www.cnbc.com time to read: +6 min

We've seen a stock rally that can't seem to quit. Probably when the supply of stock comes to market through IPOs and we get a weak bond auction that causes the bond market to hiccup. So now, you just got my best lesson about the great bottom of 2023. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. The New York Stock Exchange is seen during morning trading on December 01, 2023 in New York City.

Persons: It's, devolves, Jamie Dimon, Elon Musk, Josh Frost, –, we've, unawares, We've, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: Federal, Fed, JPMorgan, Tesla, Club, Microsoft, Google, Apple, Labor Department, Jim Cramer's Charitable, CNBC, The New York Stock Exchange, Santiago, Getty Locations: IPOs, New York City

Biden vowed that he would not relent until all American hostages in Gaza were released. Biden had his own demand throughout the talks: Humanitarian assistance had to reach Gaza, regardless of a deal. Israel’s ground invasion plans were revised so fighting could be paused if a hostage deal came together. Talks resumed last Friday, and in another conversation with the Qatari emir, Biden told him it was the last shot at a hostage deal and he had to close it now. Officials also crafted a way to try to entice Hamas to release more hostages than the 50 already agreed to.

Persons: Joe Biden, Benjamin Netanyahu, Biden, Brett McGurk, Joshua Geltzer, McGurk, Mohammed bin Abdulrahman bin Jassim, Jake Sullivan, Bill Burns, David Barnea, Israel —, “, ”, Netanyahu, – Natalie, Judith Raanan –, Natalie’s, wouldn’t, Sheikh Tamim bin Hamad Al Thani, Israel, Al Thani, ” Netanyahu, — — Kim, Magdy, Frankel Organizations: WASHINGTON, U.S ., White House, U.S, Israeli, White, National Security, CIA, Hamas, ., Israeli Defense Forces, Shifa Hospital, Qatari Locations: Qatar, United States, U.S, Egypt, Gaza, Mohammed bin Abdulrahman bin Jassim Al Thani, Israel, Doha, Cairo, Nantucket , Massachusetts, Jerusalem

☆ Lewis Hamilton hits back at Las Vegas GP critics, saying the race ‘proved them wrong’
▼ + stars: | 2023-11-20 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —After a bumpy start to the weekend, the Las Vegas Grand Prix eventually lived up to much of the pre-race hype. Max Verstappen was initially critical of the spectacle, but later changed his tune to don an Elvis-themed suit. F1 was returning to Las Vegas for the first time in more than 40 years, with the new street circuit featuring the city’s iconic Strip. Celebrities, including Usain Bolt, were out in force in Las Vegas. Lewis Hamilton said the race proved doubters wrong.

Persons: Max Verstappen, Verstappen, Mercedes, Lewis Hamilton, Jared C, Tilton, ”, ” Verstappen, Elvis Presley’s, Usain Bolt, Angela Weiss, Brad Pitt, Rihanna, David Beckham, Shaquille O’Neal, J Balvin, Kylie Minogue, Tiesto, Andrew Benson, ” Benson, “, Mark Thompson, Tom Cary, Cary, Mike Blake, Stefano Domenicali, Renee Wilm Organizations: CNN, Las Vegas, Getty, Sky Sports, Vegas, Las, Bellagio, Reuters, Las Vegas GP Locations: Baku, Las Vegas, Vegas, 200mph, Paris, Monaco

☆ A chartmaster who called the last market downturn shares why stocks could soar to new record highs by year-end — and lists 4 investments that will build on recent momentum
▼ + stars: | 2023-11-17 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

"It depends a lot on interest rates, and if they can remain where they're at, I think that's certainly a possibility," Keller said in a recent interview with Insider. Speaking of spot-on, Keller predicted in mid-September that the S&P 500 would fall to 4,100 if it broke below 4,350. "And a lot of S&P stocks are still down on the year, but that seems like it's starting to change." Its relative performance is also lacking , as the S&P 500 is up 17.3% in that span. Below are charts from Keller showing the strong technical setups of the S&P 500 and the four investments that he's especially bullish on now.

Persons: David Keller, Keller, it's, what's, Rowe Price, Russell, that's, Keller isn't, I'm, Don't, we're, he's Organizations: Business

☆ Disney is in trouble. Bob Iger has 5 big problems to solve
▼ + stars: | 2023-11-08 | by ( Samantha Delouya | ) edition.cnn.com time to read: +8 min

Last quarter, Disney’s linear television revenue continued to slip, declining 7% compared to the same quarter last year. Disney World angstIt may not be all bad news for Disney, though. However, Disney World Resort in Florida has struggled with declining attendance in recent months. Over the summer, Disney World parkgoers experienced shorter-than-expected ride wait times and fewer crowds. Nearly one year ago, Iger unexpectedly came out of retirement to take over the role of Disney CEO once again after the board unexpectedly fired his successor, Bob Chapek.

Persons: Ron DeSantis, Bob Iger, Hugh Johnston, Christine McCarthy, Iger, ” Iger, I’ve, expansively, Indiana Jones, Reynaud Julien, Bank of America’s Jessica Reif Ehrlich, Ehrlich, Jason Bazinet, Disney, Disney isn’t, ”, Vijay Jayant, underperformance, Bob Chapek, Johnston Organizations: Los Angeles CNN, Disney, Republican, Gov, Warner Bros, CNN, Media, YouTube, ESPN, Wall Street, PepsiCo, ABC, Disney Channel, Geographic, “, Destiny, Cannes Film, APS, Bank of America’s, Citigroup, Shanghai Disney Resort, Hong Kong Disneyland Locations: Florida, Refinitiv, Cannes, France, Canada, Hulu, Shanghai, Hong, Central Florida

(AP) — Election officials in Mississippi’s most populous county had to scramble to complete required poll worker training after an early September breach involving county computers. In Hinds County, such training is typically completed by early October before a November general election, according to Election Commissioner Shirley Varnado. Mississippi has a general election Tuesday with key races such as governor and secretary of state — the state’s top election official. In 2020, Democrat Joe Biden won the county with 73% of the vote, while Republican Donald Trump received 57.5% statewide. Issues with the state’s network were resolved and access to the statewide election management system was restored, according to state election officials.

Persons: JACKSON, Shirley Varnado, Varnado, Democrat Joe Biden, Republican Donald Trump, Tony Gaylor, Gaylor, Zach Wallace, Wallace Organizations: —, Democrat, Republican Locations: Miss, Mississippi’s, Hinds County, Mississippi, Jackson, “, Varnado

☆ A top-9% fund manager shares how he built an 'anti-fragility' portfolio that outperforms in bull and bear markets — and shares 8 of his favorite investments to make now
▼ + stars: | 2023-10-29 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

His foreign-focused, large-cap growth fund is in the top 9% of its category in 2023 with a 4.8% gain compared to a 0.5% loss for its index, according to Morningstar. "And so we don't recalibrate the portfolio much year in, year out or rebalance it for different macro outlooks." Target top-of-the-line stocks, but pay a fair priceUnlike many other managers, Erickson only allows a few dozen stocks in his fund. 8 top investments to make nowMany US-based investors avoid international stocks entirely since the prevailing narrative is that the group is risky, given its heightened exposure to geopolitical conflict. International stocks in four sectors look especially promising right now, Erickson said: consumer discretionary, consumer staples, healthcare, and information technology.

Persons: Elias Erickson, he's, Morningstar, Erickson, We're, It's, there's Organizations: Companies, SAP, Mastercard Locations: New York

☆ A 27-year-old real-estate investor explains how he house-hacked his way into making up to $15,000 in monthly revenue — plus the property types that maximized rental income
▼ + stars: | 2023-10-22 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

The two units brought in $2,300 in rental income, or a cash flow of $500, and Berman lived rent-free. Today, his total rental income from the property is $3,900 a month. This time, it had two paying tenants, bringing in $2,200 in monthly rental income. The homeowner would keep 70% of the profit, and Berman and his business partner would get 30% for managing it. You may not be able to start by purchasing 15 rental units, Berman said.

Persons: Cody Berman, Berman Organizations: Massachusetts Locations: Windham County , Connecticut, Boston, Massachusetts, Connecticut, Worcester , Massachusetts

☆ The No. 1 factor behind Americans' most successful investments—and their worst
▼ + stars: | 2023-10-20 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Think of your biggest investing success. Maybe it was a mega-sized company whose stock you bought when it was just a startup. There are many reasons why a particular trade might be your most successful, but when asked, investors identify one factor above all others. In a recent client survey conducted by Charles Schwab, 33% of investors attributed their greatest investing success to patience through volatility. As for the biggest culprits behind investors' worst trades: lack of research (20%), bad timing (18%) and high risk (13%).

Persons: Charles Schwab, Mark Riepe, Spenser Liszt Organizations: Schwab Center, Financial Research, Motif, Fidelity

☆ 3 young millionaires share the one index fund they'd invest in — plus the early mistake that could cost investors six figures in their retirement funds
▼ + stars: | 2023-10-19 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

People often turn to index funds or exchange-traded funds to simplify investing while getting exposure to diverse assets. According to an expense ratio calculator, the same setup would cost $8,278 with an expense ratio of 0.04%. It was money he would decide to scatter across nine index funds to diversify his portfolio. In 2019, he started the Personal Finance Club, which offers free and paid content about index fund investing. She sticks to one fund: the Vanguard 500 Index Fund ETF (VOO), which tracks the S&P 500 and is rebalanced quarterly to include the top 500 domestic companies.

Persons: Michael Quan, Quan, Jeremy Schneider, Treasuries, Schneider, Vivian Tu, she's, Rich, Tu Organizations: Investment Company Institute, Vanguard FTSE, Market, Fund, Finance Club, Fidelity, Street, JPMorgan Locations: Canada, Europe, Japan, New York City

☆ A portfolio manager behind a 95th-percentile growth fund gives a blueprint for finding successful stocks — and shares where to find long-term winners as the economy slows
▼ + stars: | 2023-10-17 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Despite a recent hiccup, growth stocks are in style as concerns about the US economy persist. Growth stocks may generate earnings quickly, but that doesn't mean stock-pickers should rush to sell them — even after letdowns like a disappointing quarter. Every stock in the 52-year-old growth fund has tailwinds like sustainable earnings growth and defendable competitive advantages, Humphrey said. Valuation is an afterthought for some growth managers, but not those on Humphrey's team. Along with Meta Platforms (META), the USAA Victory Growth Fund's top holdings include streaming media titan Netflix (NFLX) and communications conglomerate Alphabet (GOOGL).

Persons: It's, Lance Humphrey, Humphrey Organizations: Growth, Victory Capital Management, Companies, Federal Reserve, Meta, Netflix, Biotech, Vertex Pharmaceuticals

☆ Stroke symptoms: 7 signs of stroke to look for in women
▼ + stars: | 2023-10-17 | by ( Jocelyn Solis-Moreira | ) edition.cnn.com time to read: +6 min

While BE-FAST helps with finding the most common symptoms of stroke, it may not reflect the stroke experience of all people. Stroke symptoms in men vs. womenScientists have come up with several theories for why men and women experience stroke differently. If women are outliving men, they also have more time and opportunity to have a stroke, Miller added. There are treatments available to improve the survival outcomes for stroke, Kamdar said, but they are all time sensitive. Even if you’re unsure whether someone is having a stroke, Miller advised calling 911 anyway.

Persons: ”, Eliza Miller, Dr, Hera Kamdar, Kamdar, ” Kamdar, “ It’s, ” Miller, Miller, —, “, neurologists, Jocelyn Solis, Moreira Organizations: CNN, NewYork, Presbyterian, Columbia University Irving Medical Center, American Heart Association, BE, The Ohio University Wexner Medical, US Centers for Disease Control, Research Locations: United States, New York

Air France-KLM has tended to let airlines it invests in keep their operations and branding. With the process still in its infancy, Air France-KLM has a chance to make a pitch to TAP now off the back of SAS. LONG FIGHT AHEADThere are remaining challenges for Air France-KLM as it looks to clear regulatory hurdles with SAS, including approval from American and European policymakers. Europe's airline industry has a history of cultural and political barriers to smooth integration, even within Air France-KLM itself. Air France-KLM is a member of the rival SkyTeam alliance.

Persons: Paris Charles de, Charles Platiau, IAG, James Halstead, Jacob Gronholt, Pedersen, Tim Hepher, Matt Scuffham, Sharon Singleton 私 Organizations: Air France Boeing, Paris Charles, REUTERS, France, KLM, TAP, TAP Portugal, Lufthansa, LONDON, Air, Scandinavia's SAS, Ryanair, Wizz, Air France, IAG, Tuesday's SAS, SAS, Star Alliance, Reuters, Apollo Global Management, Union Locations: Paris, Paris Charles de Gaulle, Roissy, France, LISBON, Air France, Europe, Air, Danish, Swedish, Spanish, Portugal, Northern Europe, TAP's, Portuguese, U.S, Lisbon, Porto, Iberia, South America

☆ A 39-year market veteran shares why this market rally is only beginning and stocks are destined to hit new record highs in the coming months — and the 5 best ways to take advantage of it
▼ + stars: | 2023-09-15 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Market volatility (bottom half) spiked during the downturn but has steadily receded during the rebound despite a late-summer hiccup. Tim Hayes, Ned Davis ResearchHayes believes that a healthy reset shook out much of that euphoria without leaving lasting damage. History says this market rally has plenty of room to runThe final three months of the year have historically been the friendliest to stocks, Hayes said. Tim Hayes, Ned Davis Research"It doesn't follow the script precisely," Hayes said. The forthcoming market rally should broaden out, the strategist said, which should boost parts of the market that haven't participated as well, including economically sensitive small companies and sectors.

Persons: Ned Davis, Tim Hayes, who's, Ned Davis Research Hayes, " Hayes, Hayes, Morgan Stanley, Mike Wilson's, David Lundgren, they've, There's, He's, haven't, they're Organizations: Ned, Ned Davis Research, Technology Locations: China, United Kingdom, Canada, Japan

☆ Tiafoe beats 'annoying' Mannarino, Paul inspired by young fan at U.S. Open
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +3 min

Tiafoe managed to convert just five of 15 break points and said the 35-year-old Frenchman's unpredictable style gave him fits in the nearly three-hour affair. "He's so annoying to play," Tiafoe said to laughs during an on-court interview. "I think we got him tickets to our box but he ended up getting better tickets right on the side of the court," Paul told reporters. Next up for Paul is 20-year-old American Ben Shelton after the 20-year-old ran away with a 6-4 3-6 6-2 6-0 win over Aslan Karatsev earlier on Friday. American men are looking to snap a 20-year major drought at this year's U.S. Open.

Persons: Frances Tiafoe, France's Adrian Mannarino REUTERS, Brendan Mcdermid, Adrian Mannarino, Tiafoe, what's, I'm, shrugged, I've, Arthur Ashe, Tommy Paul, Alejandro Davidovich Fokina, SUPERFAN Paul, Eddy, Paul, Ben Shelton, Aslan Karatsev, Taylor Fritz, Jakub Mensik, Rory Carroll, Ken Ferris Organizations: Tennis, Louis Armstrong, U.S, Flushing, Thomson Locations: Flushing Meadows , New York, United States, Flushing Meadows, Brooklyn, Czech, U.S, Los Angeles

☆ 30 dividend-paying stocks in solid sectors with upside outside the AI hype, according to a 30-year fund manager
▼ + stars: | 2023-08-27 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

Similar companies within the healthcare sector in his portfolio include Abbott Laboratories (ABT), which pays out a 1.95% dividend yield. Additionally, it offers a 2.35% dividend yield. Within the defense sector, he also likes Lockheed Martin (LMT), which pays a dividend yield of 2.64%. It pays out a 2.19% dividend yield plus a profit and losses payout at the end of the year. It has a 2.85% dividend yield and has increased its payout by about 8 to 10% a year, he said.

Persons: Max Wasserman, He's, Wasserman, overvalued, That's, Johnson, There's, Lockheed Martin Organizations: Miramar Capital LLC, Nasdaq, Broadcom, Microsoft, Company, NAPA Auto, Parts, Abbott Laboratories, Merck & Co, Dynamics, Group, PepsiCo Locations: Northbrook , Illinois, NAPA

☆ Forget overpriced mega-cap tech: Goldman Sachs identities 50 stocks across 15 industries set to be the true long-term beneficiaries of AI adoption from increased labor productivity
▼ + stars: | 2023-08-24 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

Concentrated gains from immediate AI beneficiaries may be overpriced. These 50 stocks have been identified by Goldman Sachs are the longterm winners of AI adoption. So far this year, AI beneficiaries, mainly the mega-cap tech stocks, have contributed to much of the S&P 500's gains. But the sharp price rallies from a handful of technology stocks is making some fund managers uneasy. Goldman Sachs' note refers to this strategy as "The AI trade after the trade".

Persons: Goldman Sachs, Max Wasserman, Ryan Hammond, Goldman Sachs Jonathan Curtis, Hammond, Russell Organizations: Nasdaq, Miramar Capital, Companies, Nvidia, Microsoft, Franklin Equity Group, Curtis, Goldman, Russell

☆ Recent updates for Amazon return to office policies
▼ + stars: | 2023-08-23 | by ( Eugene Kim | ) www.businessinsider.com time to read: +11 min

Previous pronouncements about the revolutionary benefits of remote work have been replaced by vague, data-light arguments on productivity gains from being in the office. Apple, Meta, Bloomberg and Google all have gleaming HQs that would look very silly if those companies continued to embrace remote work. Insider has asked Amazon for comment on its RTO policy several times in recent months and the company has responded. AdvertisementAdvertisementAn internal guideline, obtained by Insider, listed Amazon office locations and the dates they are expected to be fully "ready" to support the RTO mandate. That's what some Amazon employees have done by mocking the company's RTO policy and its famous leadership principles.

Persons: Brad Glasser, there's, we've, Amazon's, LINDSEY WASSON, Andy Jassy, Slack, Beth Galetti, Al Drago, Paul Vixie, Andy Jassy's, Mike Hopkins, Hopkins, Elaine Thompson, snafu, they'd Organizations: Amazon, Tech, Meta, Bloomberg, Google, Seattle, Reuters, Amazon SVP, Human, Services, Company, Amazon Video Locations: Seattle, Seattle , Washington , U.S, Beth Galetti REUTERS, Seattle , New York, Houston, Austin , Texas

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