Ladies and gentlemen, thank you for standing by and welcome to the GoodRx first quarter 2023 earnings call. Joining me today are Doug Hirsch, our chief mission officer; Trevor Bezdek, our chairman; Karsten Voermann, our chief financial officer; and Scott Wagner, our interim chief executive officer. Before we begin, I would like to remind everyone that this call will contain forward-looking statements.
Grantham opined about his experience driving a Tesla, the biggest bubble in world history, and why real estate is in a global bubble.
Nvidia shares could soon plunge just like 17th-century tulips and 1990s dot-com companies did, according to Rebellion Research.
In 2020, billionaire investor Ray Dalio famously claimed that "cash is trash." He later elaborated that cash is not safe because "it will be taxed by inflation." But as time passed, Dalio's view on cash has made a U-turn. "Temporarily, right now, cash I think is good ... and the interest rates are fine. I don't think it will be sustained that way," he said at the Milken Institute Asia Summit in Singapore last week. In the U.S., the Federal Reserve has implemented significant interest rate hikes
What to make of the markets today? It seems that no matter where we look, the currents are pulling in two directions simultaneously. Recessionary forces, both inflation and higher interest rates, are running headlong into a remarkably resilient economy – but according to earnings results, we actually saw a mild recession early last year, and are in a recovery period. The conventional wisdom is no longer calling for a steep ‘double dip’ recession, but is predicting that growth will slow down shar
Berkshire Hathaway (BRK/A, BRK/B) now owns 110.6 million shares of the maker of personal computers and printers, a stake worth $3 billion. Berkshire accumulated the stake in HP in early 2022 and the sales last week were the first since the company finished buying the stock in April 2022. The recent sales could be a sign that Berkshire CEO Warren Buffett, who oversees the company’s roughly $350 billion equity portfolio, plans to continue reducing the HP stake.
In a big shift, anyone who took in more than $600 a year from reselling tickets could be in for a tax surprise.
The U.S. stock market has seen robust growth in 2023, with the S&P 500 Index surging by 16%. But according to "Shark Tank" star Kevin O'Leary, it's not all sunshine and rainbows. "The S&P 500 employs 40% of America," he told Fox Business's Larry Kudlow in a recent interview. "Where the cracks are starting to show is in mainstream America where the car loans have gone from 5½% to 9½% and continue to go up." The U.S. Federal Reserve has implemented aggressive interest rate hikes to combat rampant
As it rolls toward downtown San Francisco, the California Street cable car passes the gothic Grace Cathedral and an 8-foot tall statue of Tony Bennett. Among them is 650 California Street, a 34-story office building that has defaulted on its mortgage. Further on is 101 California, whose second-biggest tenant left last year and whose biggest is slashing staff and office space.
Friday's bounce fizzled, capping a grim week, with the S&P 500 hitting three-month lows. Tesla is close to breaking, but there are some stocks trying to hold up.
UPS is leveraging artificial intelligence to prevent "porch pirates" from stealing consumers' packages after they are delivered and recommend the best options for successful deliveries.
If China Evergrande can’t strike a new deal with creditors, the property giant will risk a liquidation.
Walt Disney hosted a parks-focused analyst meeting at Walt Disney World, where speakers included CEO Bob Iger, Disney Parks, Experiences and Products Chairman Josh D’Amaro, and ESPN Chairman Jimmy Pitaro, as well as a number of other executives. On the stock, we have found investors mostly on the sidelines this year as the company works to define its strategic future, but like shares at this level and expect in the next six to 12 months that major questions around Hulu, an ESPN investment, and a linear sale (or not) will be answered, which should give investors more confidence in long-term value creation at the company.
Long-term care for seniors is one of the biggest gaps in America's safety net. For many of us, as we get older we will require longer and better care. In some cases, this can mean a health aide or other … Continue reading → The post How to Protect Your Parents' Assets From Nursing Homes appeared first on SmartAsset Blog.
Practice over pedigree is the new normal. College students have gotten the hint.
The years of ultralow interest rates nurtured a variety of wacky investment ideas. That’s over now. Here’s our guide to some ordinary investments at agreeable prices.
Insurance registration data collected by Citi analyst Jeff Chung shows a decline in weekly sales of the company's EVs in China this month.
Time is running out for U.S. lawmakers to avoid a government shutdown. Here's how that could affect Social Security recipients.
Signs of a recession and a market bubble popping are lining up for the first half of 2024, Bank of America said in a note.
(Bloomberg) -- Bond investors face the crucial decision of just how much risk to take in Treasuries with 10-year yields at the highest in more than a decade and the Federal Reserve signaling it’s almost done raising rates.Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King And Other Health Influencers Face Mo
As US debt explodes, net interest payments are projected to become the single biggest expenditure by 2051, even topping Social Security.
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