Oracle Investors Nix Weighing Climate Risk in Retirement Plans
Oracle investors voted against a proposal asking the computer software company to examine the impact greenhouse gas emissions will have on its retirement plan investments.
The bid, put forward by As You Sow at the company’s annual meeting on Thursday, asked for a report disclosing how the company is protecting its retirement plan beneficiaries from future climate-related risk related to their retirement savings.
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Read MoreJoey Logano’s Post-Retirement Plans: “I Could Do More Than One Thing”
Joey Logano’s Post-Retirement Plans: Joey Logano is charting an ambitious course for life after NASCAR, suggesting a future that transcends traditional racing roles. At 34, the three-time NASCAR Cup Series champion reflects on the importance of planning, expressing interest in mentorship,
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Read MoreTrump unifies top investors in decade-long bullish outlook for US
Donald Trump has unified the world’s biggest investors with his plan to slash red tape and taxes, setting the US economy up for what Oaktree Capital’s Howard Marks described as a decade of peerless returns.
“Warren Buffett said it: don’t bet against the United States. He’s probably right about that,” the Wall Street veteran told the Sohn Hearts &
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Read MoreWarren Buffett Just Trimmed His Stake in Ulta Beauty Stock. Time to Sell?
Well, that wasn’t long.
Just one quarter after Warren Buffett’s Berkshire Hathaway bought more than $266 million worth of Ulta Beauty (ULTA -4.60%) stock, the conglomerate dumped nearly all of that stake in the third quarter this year, selling more than 95% of its shares.
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Read MoreThe Burst
Market Commentary: 3 Breakouts Signal Santa Claus Rally
Barely a couple of weeks ago, the tenor of the markets changed. Cathie Wood, the poster girl for high growth stocks, reported massive gains among her portfolio of stocks.
In a single week, Nurix Therapeutics gained 16%, Pinterest rose by 19%, Verve Therapeutics flew higher by 18%, Ceres was up 15%, Shopify soared by 22% and Palantir was up 20%.
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Read MoreThe Ivy
Stunning Win-Win Deal For Top Magnificent 7 Stocks
In stunning news announced earlier this week, Apple revealed that it is looking to partner with Alphabet to allow Google’s Gemini to power iPhone AI features.
The announcement was stunning on numerous counts. Notably, both stocks ended the trading higher on the news. That fact alone suggests that the market interprets the deal to be a win-win.
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Read MoreThe Spotlight
150 Year Old Indicator Picks Bear Market Bottom
It’s hard to figure out one golden indicator that could accurately point to when the bear market will bottom. Should you look at Buffett’s favorite indicator tracking Total Market Cap/GDP? Or maybe it’s best to look at the S&P vs the Fed Balance Sheet? What about book values or price-to-earnings ratios for the indices? As you can see,
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