Author: News Room

This article was written byFollowLondon Stock Market Research is a service offered by an ex-investment banker from the city of London. After around 11 years in the industry, I decided to drop out, and made dollars out of what I learned in business. I appreciate value investments, and I usually buy companies that trade at close to 10x earnings, and offer dividend yield. I mainly research small caps, and mid caps from the United States, Canada, South America, UK, France, and Germany.————————————————————————————-Disclaimer: I do not offer financial advice. This is only my opinion about the price of stocks. Readers may…

A major Trump Media shareholder and former contestant on “The Apprentice” has unloaded almost his entire stake in former President Donald Trump’s social media company. Although the stock price has been volatile, that stake is worth roughly $100 million at current prices. United Atlantic Ventures, managed by Trump Media & Technology Group co-founder Andy Litinsky, now owns just 100 shares in the company, according to regulatory filings released on Thursday. That is down from just over 7.5 million shares that the firm owned as of late March. An attorney for United Atlantic Ventures did not immediately respond to a request…

The Food and Drug Administration on Thursday approved Bristol Myers Squibb’s highly anticipated schizophrenia drug Cobenfy, the first novel type of treatment for the debilitating, chronic mental disorder in more than seven decades. Schizophrenia affects how a person thinks, feels and behaves, and can cause paranoia, delusions, hallucinations, and changes in emotions, movements and behavior. Those symptoms can disrupt a patient’s everyday life, making it difficult to go to school or work, socialize and complete other daily activities. Most people are diagnosed in their late teens to early 30s.Bristol Myers Squibb expects the twice-daily pill, which will be sold under the brand…

Amazon workers have until January before they’ll be expected in corporate offices five days a week, but some aren’t expecting to stick around that long.In a recent survey of 2,585 Amazon employees on anonymous job review site Blind, 73% said they are considering looking for a new job following CEO Andy Jassy’s recent memo announcing a full-time return-to-office. Conversations on Blind tend to be critical of employers.Further, 80% of the Amazon professionals polled reported that they know of a colleague considering looking for another job because of the announcement.These Amazon workers also wrote about how the policy announcement has been…

Mortgage rates barely moved this week, but long-term notes declined to the lowest levels Americans have seen since 2022. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage ticked down to 6.08% from last week’s reading of 6.09%. The average rate on a 30-year loan was 7.31% a year ago. “Although this week’s decline was slight, the 30-year fixed-rate mortgage trended down to its lowest level in two years,” said Sam Khater, Freddie Mac’s chief economist.  “Given the downward trajectory of rates, refinance activity continues to pick up, creating opportunities…

For the first time since 2006, the Centers for Medicare and Medicaid (CMS) didn’t release next year’s projected premiums and other data for Medicare Part D policies in July. Instead, the CMS has been reworking the program to keep Part D 2025 premiums from rising substantially, increases that would be announced around election time. Significant changes were made to Part D in recent laws. Beginning in 2025, out-of-pocket prescription drug spending for Part D policyholders will be limited to $2,000. But insurers and drug manufacturers will pay most of the cost of that benefit, which means Part D premiums are…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Mira Murati, OpenAI’s chief technology officer who temporarily served as chief executive during the failed coup against founder Sam Altman last year, is leaving the company.In a message shared with the start-up’s employees on Wednesday, she said: “After much reflection, I have made the difficult decision to leave OpenAI.”It is the latest blow to the Microsoft-backed artificial intelligence start-up, which has had several high-profile departures this year, including founders John Schulman and Ilya Sutskever. Schulman has joined rival Anthropic, while Sutskever has…

Micron Technology, Inc. (NASDAQ:MU) Q4 2024 Earnings Conference Call September 25, 2024 4:30 PM ET Company Participants Satya Kumar – Investor RelationsSanjay Mehrotra – President and Chief Executive OfficerMark Murphy – Executive Vice President and Chief Financial Officer Conference Call Participants Timothy Arcuri – UBSC.J. Muse – Cantor FitzgeraldKrish Sankar – TD CowenJoseph Moore – Morgan StanleyVivek Arya – Bank of America SecuritiesToshiya Hari – Goldman Sachs Operator Thank you for standing by and welcome to Micron’s Fourth Quarter 2024 Financial Call. At this time, all participants are in a listen-only mode. After the speaker’s presentation there will be a…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. During the week of Sept. 16, 2024, average private student loan rates spiked for borrowers with credit scores of 720 or higher who used the Credible marketplace to take out 5-year variable-rate loans and dropped for 10-year fixed-rate loans. 10-year fixed rate: 7.99%, down from 8.57% the week before, -0.585-year variable rate:…

There are things in life that are not a matter of opinion. They are a matter of math. We do not believe that financial decisions, whether they are about Roth IRA conversions, a snowbird lifestyle, or a gifting program for your children and grandchildren, should be based on an inclination or an unexamined “gut feeling.” Financial decisions should be based on a combination of goals and math. That isn’t to say ignore your gut, either do the math yourself or get professional help and then decide. If no one “runs the numbers” and you make critical financial decisions based on…