Plenty of vertical industries will see increases in volatility when and if oil prices begin to move away from the cyclical lows they currently trade at. While some investors might see volatility as potentially dangerous, those who have been in the stock market long enough understand that volatility allows money to be made as long as the original idea behind a trade is sound enough. Today, there are plenty of tailwinds behind oil and the rest of the energy sector. These tailwinds could send oil prices back to levels not seen since 2022. One of the main factors for a…
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Symbotic Today $38.78 +2.51 (+6.92%) (As of 11/22/2024 ET) 52-Week Range $17.11 ▼ $59.82 Price Target $44.31 Symbotic NASDAQ: SYM is a revolutionary robotics company whose stock is on the rise big time over the past three months. Shares are up 52% over that period. Despite that, shares are still down nearly 30% through all of 2024. A big contributor to the company’s recent rise is its Q4 earnings report released on Nov. 18. This analysis highlights an industrial stock that delivered over 250% total returns in three years. It reviews key earnings report details, examines Symbotic’s expanded deal with the…
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QuantumScape NYSE: QS is a developer of solid-state battery technology, and the company has experienced a significant share price decline of 27.05% year-to-date. This downturn raises questions about the company’s future, creating a compelling opportunity for investors to assess whether QuantumScape is a hidden gem or a risky gamble. Get QuantumScape alerts: Sign Up The Promise of Solid-State: A Quantum Leap for EVs? QuantumScape Today QS QuantumScape $5.16 +0.12 (+2.38%) (As of 11/22/2024 ET) 52-Week Range $4.65 ▼ $10.03 Price Target $6.26 QuantumScape’s technology is a leap in battery technology, and the company aims to revolutionize the electric vehicle industry with…
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The 2024 trends and outlook for 2025 are reasons for the market to show some holiday cheer and rally through the year’s end. Not only is the S&P 500 NYSEARCA: SPY in an earnings-driven uptrend but the stage is set for tailwinds to develop next year and sustain the trend into 2026. SPDR S&P 500 ETF Trust Today SPY SPDR S&P 500 ETF Trust $595.51 +1.84 (+0.31%) (As of 11/22/2024 ET) 52-Week Range $453.34 ▼ $600.17 Dividend Yield 1.18% Assets Under Management $623.83 billion Falling interest rates and deregulation go hand in hand with rising stock prices because of increased business…
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One day, you’re sitting around your office as in-house counsel at an insurance company and someone calls to ask whether they should pay a claim involving a bear breaking into a luxury vehicle or if, maybe, it’s just a guy dressed in a bear suit committing insurance fraud. On that day, you should consider what life choices brought you to that point. Because lawyering can be unpleasant but dealing with this case must have been unbearable! Kevin Underhill’s Lowering the Bar has details on a California Department of Insurance investigation dubbed “Operation Bear Claw” designed to get to the bottom…
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Three water companies including Thames Water, Yorkshire Water and Dŵr Cymru Welsh Water have been blocked from using billpayer money to fund “undeserved” executive bonuses. It comes at a time when water bills are already expected to rise by 21% a year over the next five years. Ofwat, the water regulator, used new powers to step in after determining the bonus payments were not appropriate in light of performance challenges. The blocked payments amount to £1.5 million across the three companies. Six other companies acted voluntarily, with shareholders funding bonus payments. Had this not been the case, Ofwat says it…
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Bitcoin prices have soared in recent weeks, gaining 172% in the previous 12 months and 45% in the past month alone. The Bitcoin price has never hit $100,000 in its history but that threshold could soon be breached. Wes Wilkes, chief executive at Net-Worth NTWRK, says that “$100,000 bitcoin seems inevitable.” Subscribe to MoneyWeek Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE Get 6 issues free Sign up to Money Morning Don’t miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter Don’t miss the latest investment…
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HMRC started the tax year with an inheritance tax (IHT) receipt boost, official data shows. The previous tax year was already a record high for IHT receipts and the intake rose to £5 billion – up 11% annually – between April and October 2024. The taxman took an extra £500 million from estates during the period compared with last year and analysts expect the intake to rise further after chancellor Rachel Reeves used her first Autumn Budget to overhaul the system and ultimately increase IHT bills. Subscribe to MoneyWeek Subscribe to MoneyWeek today and get your first six magazine issues…
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Market worries over the high levels of US government debt have been exacerbated by Donald Trump’s win in the presidential election. With a range of economic policies centred on inflationary tariffs and tax cuts, investors see an increased risk of higher deficits and inflation – and have pushed the yields on government bonds dramatically higher in recent weeks. US public debt is already close to 100% of GDP (standing at $26 trillion) and is currently projected to rise to 122% by 2034. The US national debt (a broader measure that includes intragovernmental debt) is already $35 trillion. That’s a real-term…
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If you want to optimize your life, it’s essential to understand the concept of Return on Effort (ROE). The higher your ROE, the more you get out of your efforts, making it an invaluable framework for decision-making. ROE can also help you better utilize your time by prioritizing tasks and opportunities that yield the greatest results. I started focusing on Return on Effort in 2009 when I launched Financial Samurai. After a decade in finance and grueling 60+ hour workweeks, I was burned out and searching for an escape. The constant grind had taken a toll, and I needed a path to…