Trump wraps up China visit after talks with Xi on Iran war and trade
US President Donald Trump left Beijing on Friday ending his three-day visit, during which he held several rounds of talks with his Chinese counterpart Xi Jinping on a host of issues, including the Iran war and trade.
Before Trump’s departure, both leaders had a private meeting at Zhongnanhai, the well-guarded compound in Beijing where top leaders reside.
» Read more about: Trump wraps up China visit after talks with Xi on Iran war and trade »
Read MoreThe 2034 Social Security Cut Scenario That Could Cost You $1,008 a Month
Quick Read
-
Social Security’s Old-Age and Survivors Insurance (OASI) Trust Fund will exhaust reserves around 2033 to 2034, automatically cutting benefits by approximately 24% unless Congress acts, meaning a retiree collecting $4,200 monthly would lose roughly $1,008.
-
Lawmakers can address the shortfall through several reform options,
» Read more about: The 2034 Social Security Cut Scenario That Could Cost You $1,008 a Month »
Read MoreStock Market Today, May 14: Ondas Surges After Record Quarterly Revenue Beats Estimates
Ondas (NASDAQ:ONDS), which provides private wireless, drone, and automated data solutions, closed Thursday at $11.21, up 26.52%. The stock is jumping after a beat-and-raise Q1 report and a higher full-year revenue outlook. Investors are watching for defense demand, backlog conversion, and profitability trends next. Trading volume reached 239.4 million shares,
Read MoreWarren Buffett Says This Investment Is “The Best Thing” — and It Could Turn $200 per Month Into $1 Million
The right investment can be life-changing, generating long-term wealth and helping build financial security. And according to Warren Buffett, it’s simpler than many people think to create a robust portfolio.
In Berkshire Hathaway‘s 2020 shareholder meeting, the investing legend offered some advice for everyday investors looking to earn more from the stock market.
Read MoreStock Market Today, May 19: Soaring Treasury Yields Pressure Markets
The S&P 500 (^GSPC 0.67%) fell 0.67% to 7,353.61, the Nasdaq Composite (^IXIC 0.84%) slid 0.84% to 25,870.71, and the Dow Jones Industrial Average (^DJI 0.65%) lost 0.65% to 49,363.88 as surging Treasury yields put pressure on markets.
» Read more about: Stock Market Today, May 19: Soaring Treasury Yields Pressure Markets »
Read MoreThe Burst
Pick and Shovel EV Play (Hint, Not Tesla)
In light of Tesla’s recent workforce reduction as sales slump, it may seem like a risky play to invest in an EV pick and shovel play but we’re eyeing Infineon, with a market cap of around $43 billion as an opportunity.
It’s a company that is best known for SiC and GaN technologies that are designed to meet rising demand in the sector as a whole.
» Read more about: Pick and Shovel EV Play (Hint, Not Tesla) »
Read MoreThe Ivy
4 Stocks Behind Bill Gates $45 Billion Portfolio
The Bill & Melinda Gates Foundation is a philanthropic powerhouse that lists among its accomplishments the total eradication of two types of polio virus, improving agricultural outcomes in impoverished countries and delivering health services to millions worldwide.
Making these initiatives possible is a $45 billion investment portfolio that generates the money needed to fund the foundation’s efforts.
» Read more about: 4 Stocks Behind Bill Gates $45 Billion Portfolio »
Read MoreThe Spotlight
Will Roku Soar 9x From Here?
Roku’s most recent financial report disappointed investors. Slowing streaming growth and lower ad spending, paired with economic uncertainty, have caused Roku’s stock to plummet.
Shares are down over 66% year to date and more than 80% compared to the highs reached last year. The stock is so battered that many are staying away.