Month: April 2019

The two presentations couldn’t have been more jarringly different. Last month, Apple launched its hotly awaited new TV service, Apple TV+. Notable celebrities took the stage, including Oprah Winfrey, Jennifer Aniston, Steven Spielberg, Reese Witherspoon and Steve Carrell. But the payoff was lacking. There were virtually no clips of actual show footage, leading to somewhat
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Sens. Kirsten Gillibrand, D-N.Y., Bernie Sanders, I-Vt., left, and Jeff Merkley, D-Ore., conduct an event to introduce the ‘Medicare for All Act of 2019’ in Dirksen Building on Wednesday, April 10, 2019. Getty Whenever “Medicare For All” hits the headlines, healthcare stocks hit an air pocket. With Sen. Bernie Sanders now leading the field of
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Horse stables 929 Media The late Elizabeth Ross ‘Libet’ Johnson, great-granddaughter of the co-founder of Johnson & Johnson (which ranks on several Forbes’ lists, including #48 on the Best Employers For Diversity), maintained an impressive real estate portfolio during her life. The grandest of them all is this six hundred acre estate, called Lightning Tree Farm,
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Goldman Sachs is scheduled to report first-quarter earnings before the opening bell Monday. Here’s what Wall Street expects: Earnings: $4.89 a share, down 30% from a year ago, according to Refinitiv.Revenue: $8.9 billion, down 10% from a year earlier.Trading Revenue: Equities $1.81 billion; Fixed income $1.77 billion, according to FactSetInvesting Banking: $1.65 billion It’s only
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Citigroup is scheduled to report quarterly results later on Monday. Here’s what Wall Street is expecting from the banking giant: Earnings: $1.80 per share expected by Refinitiv Revenue: $18.634 billion forecast Fixed-income, currencies and commodities (FICC) trading revenue: $3.05 billion expected by StreetAccount Equities trading: $930 million Investment banking revenue: $1.2 billion forecast Net interest
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Wealth is a crucial tool for middle-class families to handle financial emergencies and to get ahead, for instance, to pay for their children’s education. But heavily concentrated wealth creates a plutocracy that influences policy and hollows out America’s middle class. Wealth has indeed become increasingly concentrated as a new American class of multimillionaires and billionaires
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When it comes to selling a home, there is no one-size-fits-all solution. Instead, it’s important to weigh all the options available. When listing and selling a property, most homeowners want to achieve the quickest, easiest, most logical and most financially advantageous outcome. That said, it can be challenging to determine which ones are the most
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An interview with billionaire Sequoia venture capitalist, Michael Moritz. In this interview, Michael discusses how he went from a journalist to a venture capitalist and what characteristics he looks for in investments and entrepreneurs. Michael also talks about what he would do today if he just graduated and the future of Silicon Valley. ???? Books
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What should you do when a favorite stock goes the wrong way? Getty Eli Lilly is down 2.8% since Wayne Himelsein, my top quant manager, last recommended it. All investors, even the great ones often find that the market does not quickly come around to their way of thinking after they buy a stock. Developing a consistent
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