(Bloomberg) -- Inside Eastman Kodak Co., the once-iconic camera maker, a small pension investment team reaped such large gains in recent years that they windfalled themselves out of a job.Most Read from BloombergTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseUBS Banker’s Frustration Exposes Cracks in World of Climate FinanceDubai Is Losing Its Allure for Wealthy RussiansApple Plans New iPad Pro for May as Prod
“She flipped the title on his car, sold all his furniture and told us that our dad didn’t leave me or my sister anything.”
There’s been a lot of talk recently about this year’s bull market, both on its own merits and in comparison to last year. But somewhat less attention has been paid to it as part of a larger trend overall – a secular bull market that began in 2013 and has seen the S&P 500 reach recent record highs. Long-term trends are good for the market generally, but what the average retail investor really wants is a solid return in the here-and-now. There are several routes to accomplish this, and one of the
Trump Media reported revenue of $3.4 million and a loss of $49 million during the first nine months of 2023, and received a $300 million cash infusion as part of its listing via a merger with a special-purpose acquisition vehicle, or SPAC. The company’s price-to-sales valuation far outstrips even the buzziest of its social-media peers such as Reddit and Facebook and Instagram parent Meta Platforms So far, no Wall Street analysts have put a rating or target price on Trump Media stock, according to FactSet.
Owning shares of an industry-leading enterprise with numerous positive attributes seems like a no-brainer decision.
The soon-to-be spun-off power generation business of General Electric—GE Vernova—is getting more expensive, while the remaining business, GE Aerospace, is getting cheaper. GE shareholders get one share of Vernova for every four GE shares held. The GE Aerospace value is down from about $147.30 at Wednesday’s close, off 4%.
Reddit insiders including CEO Steve Huffman disclosed significant share sales Wednesday night, days after the social network's IPO. RDDT stock fell late
The age when retired workers claim Social Security benefits has a substantial impact on their payout.
The bitcoin price implied by MicroStrategy’s share price is $177K, 2 ½ times the spot price of the cryptocurrency, the report said.
An analyst downgraded Palantir stock on views the data analytics software maker's valuation is inflated amid investor buzz over generative artificial intelligence.
The Bill & Melinda Gates Foundation has a whopping $42 billion portfolio, and it's concentrated into just a few stocks.
In a post on X, formerly Twitter, Florida Governor Ron DeSantis announced that he signed legislation “to end the squatters scam & protect homeowners.” Governor Ron DeSantis Signs Legislation to End the Squatters Scam & Protect Homeowners https://t.co/MjqOKiAHPZ — Ron DeSantis (@GovRonDeSantis) March 27, 2024 "We are putting an end to the squatters scam in Florida," DeSantis said in a release on his website. "While other states are siding with the squatters, we are protecting property owners and
Investors should not ignore the rise of AI despite the hype around certain companies.
The once-booming EV market in China is experiencing a slowdown due to economic challenges and reduced government subsidies, prompting a shift in strategy among local and international automakers.
These energy stocks have been on fire this year.
Wood is sounding the alarm on Nvidia following its meteoric rise.
These REITs will likely cut their dividends again.
Dividend increases should soon be coming from these stocks, but be careful -- it doesn't mean all of them are great buys.
This is what could happen next to Tesla shares.
All indicators are pointing to a major correction coming for stocks, B. Riley Wealth chief strategist Paul Dietrich said.