Uber’s $1 Trillion Moonshot
Uber isn’t just about getting you from point A to point B anymore. It’s stealthily becoming one of the most powerful tech platforms of the next decade, and the lynchpin in that transformation is autonomy.
While most investors still think of Uber as a ride-hailing and food delivery app, under the hood, the company is evolving fast.
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Is This Old Buffett Favorite Now Worth Buying?
Once upon a time Wells Fargo was beloved by Warren Buffett. Despite scandal after scandal plaguing the company, his conviction couldn’t be shaken, until finally the accumulation of issues appeared to spark a sell.
As a reminder, here are the scandals that rocked Wells Fargo over the years:
- September 2016: The fake account scandal
- September 2016: Improperly repossessing service members’ cars
- December 2016: Wells Fargo fails its ‘living will’ test
- March 2017: More fake accounts
- March 2017: Flunked community lending test
- April 2017: Whistleblower wins $5.4 million and his job back
- August 2017: Lawsuit over overcharging small business retailers
- February 2018: Sacramento sues over discrimination against black and Latino borrowers
- March 2018: Wealth management investigation emerges
- April 2018: $1 billion settlement for mortgage locks and auto-loan issues
- May 2018: Altering business information without client knowledge
- May 2018: $480 million to settle securities-fraud lawsuit
- June 2018: SEC fine for leading investors astray
- July 2018: Refunds over add-ons like pet insurance and legal services
- August 2018: Hundreds of houses foreclosed on due to computer glitch
- August 2018: Wells Fargo pays $2.1 billion for its role in housing bubble
- March 2019: Wells Fargo among advisors sanctioned by SEC for fee-disclosure practices
Since Buffett offloaded his position,
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The Secret Buffett Won’t Tell You
Most traders are consumed by day-to-day share price fluctuations of their stock portfolios but few spend the time to think about the economics of compounding wealth, and how it can be done to achieve enormous gains.
One secret that Buffett unlocked in growing massive wealth was realizing what would happen to the dividend of Coca Cola over time.
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How To Make $84,000 In Dividend Annual Income
The Schwab U.S. Dividend Equity ETF has consistently ranked among the top dividend-focused ETFs for its impressive yield and growth. Since it launched in 2011, SCHD has not only delivered reliable income but also capital appreciation, so income-oriented investors have flocked to it over the years.
So, can this top ranked fund produce $84,000 in annual dividend income?
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Nvidia’s Stock Split, What Most Investors Are Missing
Almost exactly a year ago, Nvidia executed its sixth stock split since going public back in 1999, a 10-for-1 move that slashed its share price and gave investors a psychological boost.
Six months later, Nvidia stock marched to fresh all-time highs, fueled by a tidal wave of interest in AI and semiconductor innovation.
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Read MoreThe Ivy
The Best Way to Bet on China’s AI Boom Might Just Be in South Africa
If someone told you the best way to invest in China’s booming AI ecosystem was through a 100-year-old South African media company, you’d probably do a double take. But here’s the thing that may actually be true, and it all comes down to Tencent and a few brilliantly timed decisions made more than two decades ago.
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Read MoreThe Spotlight
1 Defense Contractor Going Global
Lockheed Martin Corporation (NYSE:LMT) is doing very well and making great progress with its 21st Century Security® strategy. The bold plan concentrates on three main initiatives that aim to boost the company’s role in the defense and aerospace industries.
The first initiative focuses on making Lockheed Martin’s production system stronger and able to handle more.
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Read MoreThe Daily
US government shutdown begins to undermine the country's economy
On the 11th day of the United States federal government shutdown,
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