Author: News Room

Intro On the most recent Q4 earnings call, Markforged (NYSE:MKFG) CEO gave some upbeat comments regarding the trajectory of Markforged as a whole. This company operates in the additive 3D manufacturing space where the company’s cloud-based AI-powered platform (Digital Forge) facilitates seamless connectivity between materials & software resulting in laser-fast manufacturing results. The CEO’s clear message to investors was that by investing aggressively today, Markforged has the capability to generate outsized returns going forward. Unfortunately, post the announcement of the company’s fourth-quarter earnings (Where the negative EPS of $0.07 actually beat expectations), the market was not as enthused with management’s…

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Taylor and Cameron Winklevoss, the billionaire twins behind the US-based crypto exchange Gemini, have dipped into their personal savings to support their company amidst strong headwinds.The twins reportedly made a $100 million loan to Gemini, after the platform has endured a crypto bear market that has lasted for more than a year, combined with several major setbacks.The loan was made by the well-known twins after efforts to secure funding from outside investors failed, Bloomberg reported on Monday, citing “people familiar with the matter.”According to the sources, the efforts to secure funding were still on an informal stage, and the two…

On Tuesday, the fast casual Mexican chain unveiled an all-electric restaurant design that is completely powered by renewable energy, such as solar and wind. That means the gas grills that have become the focal point for walk-in customers are being replaced by electric systems, which are intended to help the chain achieve its goal of cutting greenhouse gas emissions in half by 2030. Noticeable changes in this new store format include rooftop solar panels, electric vehicle charging stations and biodegradable flatware and bowls. Other changes include cactus-leather chairs and artwork made from recycled rice husks. Chipotle (CMG) will tweak the…

When I was born in 1922, the average life expectancy in the U.S. was 58 years old for men, and 61 years old for women.So as a 100-year-old practicing medical doctor and neurologist, patients often ask me for tips on how to stay healthy, happy and mentally sharp.Good genes and a bit of luck can give you a head start, but here are some lifestyle rules I have lived by over the past century:1. I don’t spend my days retired.I’ve been working for more than 75 years, and was even named as the world’s oldest practicing doctor by the Guinness…

Interest rate rises have increased banks’ vulnerabilities — and their response presents a significant risk to global growth, the International Monetary Fund’s chief economist warned Tuesday.”We are concerned about what we have seen in the banking sector, particularly in the U.S. but maybe also in other countries, might do to growth in 2023,” Pierre-Olivier Gourinchas told CNBC’s Joumanna Bercetche in Washington, D.C.related investing newsCentral bank hikes have increased funding costs for banks, while lenders have also seen some losses in assets like long-term bonds.”Banks are in a more precarious situation. They have healthy cushions, but it’s certainly going to lead…

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. Based on data compiled by Credible, mortgage rates for home purchases are mixed with three key rates rising while one remained steady since yesterday. Rates last updated on April 11, 2023. These rates are based on the assumptions shown here. Actual rates may vary. Credible, a personal finance marketplace, has 5,000…

One of the most common bits of advice from financial professionals is to start saving as early as you can. That’s absolutely true. But what if you didn’t and are now approaching retirement with little or nothing in savings? The reality is that it’s not likely to be easy. You’re going to need to find ways to save more now, increase your income in retirement, and/or reduce your retirement expenses. Here are some ideas to consider: 1) Go through your expenses and look for ways to cut back. The goal is to free up as much money as you can…

Recap from February’s Picks On a price return basis, the Safest Dividend Yields Model Portfolio (-12.4%) underperformed the S&P 500 (-1.7%) by 10.7% from February 23, 2023 through March 20, 2023. On a total return basis, the Model Portfolio (-12.0%) underperformed the S&P 500 (-1.4%) by 10.6% over the same time. The best performing large-cap stock was down <1%, and the best performing small-cap stock was down <1%. Overall, five out of the 20 Safest Dividend Yield stocks outperformed their respective benchmarks (S&P 500 and Russell 2000) from February 23, 2023 through March 20, 2023. This Model Portfolio only includes…

Key News Asian equities were higher overnight. The most significant catalyst overnight was China’s inflation numbers which are the envy of central bankers globally as CPI was 0.7% versus expectations of 1% and February’s 1%, and PPI was -2.5% versus expectations of -2.5% and February’s -1.4%. The data provides policy makers stimulus runway. March aggregate financing, money supply (M2), and new loans all beat expectations (RMB 5.38 trillion versus expectations RMB 4.5 trillion; M2 was up +12.7% versus expectations 12.7%; New Loans RMB 3.89 trillion versus expectations RMB 3.3 trillion). Within the loan data, housing loan demand increased, which we…