Here’s How Nancy Pelosi Beat the Stock Market and Warren Buffett
The S&P 500 has delivered roughly 13% annualized returns over the past decade — one of the strongest bull runs in history. Warren Buffett’s Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B), the gold standard for patient capital, managed about 12% annually in the same stretch.
» Read more about: Here’s How Nancy Pelosi Beat the Stock Market and Warren Buffett »
Read MoreFed survey shows household view of US economy worsening
Dive Brief:
- Roughly three out of four U.S. adults (73%) said they are “doing okay financially” or “living comfortably” even as their view of the economy has dimmed, with 42% of survey respondents voicing concern about finding or keeping a job, the Federal Reserve said.
» Read more about: Fed survey shows household view of US economy worsening »
Read MoreIf You Invested $10,000 In Tesla 10 Years Ago, This Is How Rich You Would Be Today
Among “The Magnificent Seven” stocks that have been buoying the Dow Jones Industrial Average to new heights—maintaining its status largely thanks to maturing software-as-a-service models and roughly 1.28 million active Full Self-Driving (FSD) subscribers—none of those companies’ founders eclipses their company’s product or service more than Tesla’s (NASDAQ: TSLA) Elon Musk.
Read MoreTech stocks today: Chip stocks take a breather, potential 18-day Samsung strike looms
A dispute over semiconductor workers’ bonuses in Korea could upend global technology supply chains and weigh on South Korea’s economy, as Samsung’s (016360.KS) labor union has threatened to go on strike on May 21 for 18 days.
On Sunday, Samsung and the union agreed to extend negotiations after the first round of government-mediated talks failed and a South Korean court granted a partial injunction that could compel workers to show up amid a strike,
Read MoreWarren Buffett sits on a record $397B in cash while Michael Burry shorts AI for $1B, betting it's 1999 all over again. What do they see?
While investors pour into the market, riding the updraft of wildly successful artificial intelligence stocks, two men wait for it all to come crashing down. These men are Warren Buffett, one of the most successful investors, and Michael Burry, who predicted the 2008 housing crash. And neither investor is impressed by today’s market.
“We’ve never had people in a more gambling mood than now,” Buffett told CNBC (1).
Read MoreThe Burst
This Tiny AI Stock May Triple by 2030, Almost No One’s Watching
SoundHound AI isn’t the biggest name in artificial intelligence right now, not when companies like Nvidia and Microsoft are grabbing all the headlines.
But SoundHound may very well turn out to be one of the most surprisingly valuable small-cap AI stocks by the time 2030 rolls around. There’s a real story unfolding here and it’s starting to show up in the numbers.
» Read more about: This Tiny AI Stock May Triple by 2030, Almost No One’s Watching »
Read MoreThe Ivy
Can This Stock Double Your Money by 2030?
Over the last five years, Altria’s share price climbed by just over 50%, but that’s only part of the story. When you factor in dividends, a payout the company has raised for 55 consecutive years, total returns swell to over 120%.
That streak includes 59 separate payout bumps, and with today’s yield hovering around 6.36%,
» Read more about: Can This Stock Double Your Money by 2030? »
Read MoreThe Spotlight
Champion Trader Spots Hidden Giant Enterprise Software Market
When a champion trader who generated 941.1% returns in 2020 spotlights a stock in an uptrend, it’s worth paying attention.
That’s precisely what happened when Oliver Kell shed light on ServiceNow (NYSE: NOW), a company that continues to dominate the enterprise cloud computing industry by automating and managing digital workflows.
In addition to the technical chart looking good,
» Read more about: Champion Trader Spots Hidden Giant Enterprise Software Market »