Company News for May 10, 2023

Benzinga
Charlie Munger's Final Advice For Investors Is About Embracing Value In Unlikely Places: 'If Something Is Really Cheap, Even Though It's A Crappy Company, I'm Willing To Consider Buying It'
In one of his last public appearances, Charlie Munger discussed a range of investment topics, including his approach to value investing. Munger, Warren Buffett's long-time business partner who died on Nov. 28, shared his insights on the Acquired Podcast. Known for his frank and straightforward style, Munger drew from the teachings of Benjamin Graham, the pioneer of value investing. Don’t Miss: Join the ranks of investors like Bill Gates and Mark Cuban by tapping into early-stage startups. Get th
1d ago
Yahoo Finance
AMD CEO to Nvidia fans: There will be multiple winners in the AI chip battle
AMD unveils its newest AI chip, taking aim at Nvidia's dominance.
48m ago
Zacks
Super Micro Computer, Inc. (SMCI) Is a Trending Stock: Facts to Know Before Betting on It
Super Micro (SMCI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
4h ago
SmartAsset
I'm Selling My Home and Netting $750k to Downsize for Retirement. Do I Have to Pay Capital Gains Taxes?
Suppose you sell your primary home and make a $750,000 profit. Will you owe capital gains tax on that profit? The short answer is yes. Depending on a handful of factors, you may owe tens of thousands of dollars to over a hundred thousand dollars. Your exact tax liability could vary drastically, so knowing what […] The post I’m Selling My Home and Netting $750k to Downsize for Retirement. Do I Have to Pay Capital Gains Taxes? appeared first on SmartReads by SmartAsset.
1d ago
Investor's Business Daily
Step Aside, Nvidia. This May Be The No. 1 AI Stock Of The Future.
While Nvidia and Microsoft make AI headlines, Snowflake tops the Future 50 list as SNOW stock eyes a holiday breakout.
3h ago
Barrons.com
Alphabet Stock Is Rising. Google Got Its AI Launch Right This Time.
Google flubbed one artificial-intelligence launch earlier this year. Now the Alphabet unit has stuck its landing with Gemini.
2h ago
Bloomberg
Biden Moves to Forgive Nearly $5 Billion in Student Loans
(Bloomberg) -- President Joe Biden moved to forgive $4.8 billion in student loans Wednesday, providing relief to more than 80,000 borrowers including public sector employees and Americans who have been repaying their federal debts for decades.Most Read from BloombergElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpGlobal Bonds Power Ahead as Dovish Bets Take Hold: Markets WrapKevin McCarthy Leaving House Months After
21h ago
Business Insider
Mortgage rates are falling at the fastest pace since the 2008 housing-market crash
The 30-year fixed mortgage rate has plunged by 69 basis points in a five-week period, its sharpest such drop since late 2008.
13h ago
SmartAsset
Study: 84% of Retirees Are Making This RMD Mistake
Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.
2h ago
Fortune
Sen. Robert Menendez, facing bribery charges, stumps bank CEOs by asking how much their firms paid in settlements for allegedly ripping off consumers
The indicted senator expressed staunch support for the CFPB, which is under a legal threat of its own.
20h ago
Benzinga
Bill Gates Makes $10.95 Million Per Day — More Than 4 Times What The Average Person Earns In A Lifetime. Here's How He's Spending It
Microsoft Corp. Co-Founder Bill Gates held the title of the world’s richest man for the majority of 20 years before being surpassed by Amazon.com Inc. Founder Jeff Bezos. Yet, he continues to rank among the global elite in terms of wealth. To illustrate the scale of his fortune, consider this: The average person earns about $2.7 million in their lifetime, according to career information site Zippia. Gates earns approximately three to four times that amount in one day, highlighting the extent of
1d ago
Investopedia
AMD Stock Surges With Microsoft, Meta, and OpenAI Set to Use Its Latest AI Chip
AMD shares surged a day after the company launched its latest AI chip, with Microsoft, Meta, and OpenAI all set to use it.
2h ago
SmartAsset
I'm Not Sure How Giving to Charity Can Reduce My Taxes. Is It Really Worth It?
Donating money to charities you care about feels good. It can also lower your tax bill by reducing your taxable income in an amount equal to the amount you give. A number of rules and restrictions govern how much you can give and how you can do it, though. Understanding how this works so you […] The post I'm Not Sure How Giving to Charity Can Reduce My Taxes. Is It Really Worth It? appeared first on SmartReads by SmartAsset.
5h ago
The Wall Street Journal
McDonald’s to Launch CosMc’s, an Alien-Inspired Restaurant Serving Slushes To-Go
The beverage-focused, multiple drive-through concept aims to compete with Starbucks and other takeaway drinks chains.
20h ago
Fortune
Vivek Ramaswamy made a name for himself as the ‘anti-woke CEO’–but the fund manager he co-founded has been marketing funds packed with Democratic-leaning holdings
Anti-woke and anti-ESG claims are so integral to the wider Ramaswamy brand that they earned him the title 'CEO of Anti-Woke, Inc.' in the media.
1d ago
Zacks
Pfizer (PFE) Declines More Than Market: Some Information for Investors
In the most recent trading session, Pfizer (PFE) closed at $28.79, indicating a -1.03% shift from the previous trading day.
19h ago
SmartAsset
The Average Retirement Income in the U.S.
Wondering how your retirement savings stack up to other Americans' nest eggs? Or whether your income in your post-work years will be enough to keep you afloat? It's normal to be curious about the average retirement income in the U.S. … Continue reading → The post What Is the Average Retirement Income? appeared first on SmartAsset Blog.
2h ago
Zacks
Compared to Estimates, Upstart Holdings, Inc. (UPST) Q3 Earnings: A Look at Key Metrics (Revised)
The headline numbers for Upstart Holdings, Inc. (UPST) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
3h ago
SmartAsset
Ask an Advisor: How Do We Reduce Our Tax Bill When We Sell Our Second Home? We Bought It 6 Years Ago for $295k and Now It's Worth $500k
We have a second home – a condo in the mountains – that was bought with cash for $295,000 approximately six years ago. It’s now worth at least $500,000. We are considering selling as our use is declining and maintenance costs and special assessments of the three-building complex are increasing. What are the options to […] The post Ask an Advisor: How Do We Reduce Our Tax Bill When We Sell Our Second Home? We Bought It 6 Years Ago for $295k and Now It’s Worth $500k appeared first on SmartReads by
6h ago
Reuters
Musk's SpaceX approaches investors for another tender offer - Bloomberg News
SpaceX's current valuation of about $150 billion makes it one of the most valuable private companies in the world. Billionaire investor Ron Baron, who according to CNBC owns more than $1 billion worth of shares in the rocket company, last month said that SpaceX will be worth about $500 billion by 2030. SpaceX did not immediately respond to a Reuters request for comment.
18h ago

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Company News for May 10, 2023

Recommended Stories

Charlie Munger's Final Advice For Investors Is About Embracing Value In Unlikely Places: 'If Something Is Really Cheap, Even Though It's A Crappy Company, I'm Willing To Consider Buying It'

AMD CEO to Nvidia fans: There will be multiple winners in the AI chip battle

Super Micro Computer, Inc. (SMCI) Is a Trending Stock: Facts to Know Before Betting on It

I'm Selling My Home and Netting $750k to Downsize for Retirement. Do I Have to Pay Capital Gains Taxes?

Step Aside, Nvidia. This May Be The No. 1 AI Stock Of The Future.

Alphabet Stock Is Rising. Google Got Its AI Launch Right This Time.

Biden Moves to Forgive Nearly $5 Billion in Student Loans

Mortgage rates are falling at the fastest pace since the 2008 housing-market crash

Study: 84% of Retirees Are Making This RMD Mistake

Sen. Robert Menendez, facing bribery charges, stumps bank CEOs by asking how much their firms paid in settlements for allegedly ripping off consumers

Bill Gates Makes $10.95 Million Per Day — More Than 4 Times What The Average Person Earns In A Lifetime. Here's How He's Spending It

AMD Stock Surges With Microsoft, Meta, and OpenAI Set to Use Its Latest AI Chip

I'm Not Sure How Giving to Charity Can Reduce My Taxes. Is It Really Worth It?

McDonald’s to Launch CosMc’s, an Alien-Inspired Restaurant Serving Slushes To-Go

Vivek Ramaswamy made a name for himself as the ‘anti-woke CEO’–but the fund manager he co-founded has been marketing funds packed with Democratic-leaning holdings

Pfizer (PFE) Declines More Than Market: Some Information for Investors

The Average Retirement Income in the U.S.

Compared to Estimates, Upstart Holdings, Inc. (UPST) Q3 Earnings: A Look at Key Metrics (Revised)

Ask an Advisor: How Do We Reduce Our Tax Bill When We Sell Our Second Home? We Bought It 6 Years Ago for $295k and Now It's Worth $500k

Musk's SpaceX approaches investors for another tender offer - Bloomberg News