Financial & Business News
LATEST INVESTING HEADLINES
Realty Income was a buy at depressed valuations, but I sold the entire position at $63/share due to limited upside and better opportunities elsewhere. O remains a top pick for income-focused investors, but I seek a $50/share entry point to meet my 15-20% annual ROR target. Trump's election and proposed policies are likely to drive inflation, making it less probable for the FED to cut rates, impacting REIT performance.
The YieldMax AMZN Option Income Strategy ETF (AMZY) offers high monthly income by selling call and put options on AMZN, boasting a big trailing yield. AMZY's synthetic covered call strategy involves buying and selling AMZN options, holding U.S. Treasury securities as collateral, and has an annual fee of ~1%. Despite AMZY's high yield, its monthly distributions vary greatly, and the fund's NAV and trading price may decrease over time.
TCPC and OCSL provide massive dividends and trade below NAV. I agree with the market that they have to be discounted below NAV. In my view, this is not the case, where investors could count on high dividends remaining unchanged.
There's a new space race in full swing, but private industry, not world superpowers, are driving this post-Cold War iteration. While Elon Musk and Jeff Bezos have dominated headlines with their exciting advancements in rocketry, a cottage industry of smaller start-ups is vying for dominance in all manner of space-based markets.
Kingfisher kicks off the week's proceedings on Monday with a third-quarter update.
Semiconductor giant Nvidia's (NASDAQ: NVDA) reign as the artificial intelligence leader might face threats to retaining investors' favor based on the company's earnings report.
GE Aerospace's Q3 earnings showed positive metrics, with order inflow up 28% and adjusted EPS at $1.15, despite revenue falling short of expectations. The company faces supply chain challenges and pressures from key programs like the GE9X and CFM LEAP engines but is addressing these proactively. GE Aerospace has a strong commercial backlog and long-term service contracts, indicating significant long-term value and potential for profitability improvement.
Super Micro Computer (SMCI 11.62%) has taken investors on quite the roller coaster ride in 2024. It started the year at around $28 per share, then rocketed up to nearly $120 in March.
SoFi Technologies (SOFI 3.93%) stock is finally back in the market's favor after declining for most of the year. SoFi doesn't fit neatly into a particular box; it's a bank, but not quite a bank stock.
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of all purchasers of securities of AMMO, Inc. (NASDAQ: POWW) between August 19, 2020 and September 24, 2024. AMMO describes itself as a “company that designs, produces, and markets ammunition and ammunition component products for public consumers, manufacturers, and law enforcement and military agencies.” For more information, submit a form, email att.