On June 13, I posted a story asserting that the giant run-up in its market cap to $3.1 trillion made it virtually impossible for Nvidia to grow its sales and profits at the lightning pace needed to reward shareholders. The same day, Cathie Wood, chief of Ark Invest, appeared on CNBC to champion her firm’s […]
A sarcophagus fragment discovered beneath the floor of a religious center belongs to Ramesses II, one of the best-known ancient Egyptian pharaohs, according to a new study. Archaeologists unearthed the granite artifact in 2009 inside a Coptic building in Abydos, an ancient city in east-central Egypt. The team, led by archaeologists Ayman Damrani and Kevin […]
Natural gas storage plays a vital role in the energy sector. Gas storage facilities help balance natural gas demand between seasons and during periods of disruption from storms and other factors. Despite their importance, investors often overlook these assets. As a result, many investors haven’t noticed all the activity in the natural gas storage market […]
– Getty Images In recent weeks, there has been much talk about a “retirement crisis,” with questions raised about the efficacy of the 401(k) and some even suggesting its elimination. While there are legitimate concerns about Americans’ savings for their postwork years, the hyperbole obscures the reality that the 401(k) system has been one of […]
More than 27,000 asteroids in our solar system had been overlooked in existing telescope images — but thanks to a new AI-powered algorithm, we now have a catalog of them. The scientists behind the discovery say the tool makes it easier to find and track millions of asteroids, including potentially dangerous ones that might strike […]
The “Portuguese Gold” sardines cost $44.Kylie Kirschner The recent gold rally is counterintuitive, as high interest rates typically make bullion less attractive. But billionaire investor David Einhorn has a theory that he shared in his latest investor letter. Einhorn suggests that gold’s rally is potentially due to countries in the East buying gold from Western […]
A “playful” dog has spent over 500 days in a North Carolina animal shelter — and still needs a home. Anastasia, affectionately called “Ana,” enjoys car rides and loves to cram tennis balls in her mouth. The Society for the Prevention of Cruelty to Animals (SPCA) of the Triad said the pup has become a […]
Cindy Ord/Getty Images Small caps will outperform the S&P 500 by at least 50% in 2024, according to Fundstrat’s Tom Lee. Projected earnings, valuations, and revenue growth of small-caps are set to outshine large-caps in 2025. Lee highlighted parallels with 1999 when small-caps outperformed by 650 basis points annually, totaling a cumulative 113% over 12 […]
In recent discussions about generational dynamics, Generation X, often termed the “Forgotten Generation,” is a pivotal yet understated force. Comprising approximately 65 million members, the demographic is the smallest generation by population. But its influence is profound. You may not hear as much about Gen X as baby boomers or millennials, but the generation is […]
On Wednesdays, the support group meets over Zoom. The members talk about their lives, their religious families and their old parochial schools. But mostly, they are there to talk about the sexual abuse they suffered at the hands of Catholic nuns. The topic deserves more attention, they say. The sexual abuse of children by Catholic […]
It’s a proven fact that as you get older you worry more about punctuation. Fussing about apostrophes and semicolons just comes with the territory. Thus, it’s no surprise that the other day our coffee group started discussing the hyphen, in particular the hyphen in the title of Herman Melville’s masterpiece, “Moby-Dick.” My wife, Cindy, a […]
Magnificent Seven stocks have attracted plenty of buzz as investors gravitate toward their vast market share and exceptional returns. Every Magnificent Seven stock has more than doubled over the past five years. These assets have significantly outperformed the market during that time. However, Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) has been a largely underappreciated stock. The corporation has […]