It’s about time to write off high-growth tech stocks, Goldman Sachs warned, saying the double whammy of sky-high valuation and elevated regulation is becoming a “hazard” to the group. Technology stocks have been investors’ darlings for years as the appetite for superior growth shows no signs of slowing. Software names especially are big hits this
Month: June 2019
Stocks that pay dividends have, over long periods, outperformed stocks that do not. GlobalStock | Getty Images What would you be willing to do if you never had to manage your personal finances again? A new survey from Merrill Edge posed that question to 1,000 investors with up to $250,000 in investible assets. And some
Lydia Macy, right, of Berkeley, Calif., siding with a same-sex couple, holds a sign outside the Supreme Court where arguments were being on heard on whether a Colorado baker, who refused to make a wedding cake for the couple based on his religious beliefs, is protected by the First Amendment on December 5, 2017. Tom
Hundred Dollar Bill Close Up Getty In a bi-partisan effort, the House of Representatives recently pass the SECURE Act – Setting Every Community Up For Retirement Enhancement. The bill, that will now go to the Senate, makes significant changes that will impact most Americans who are preparing for retirement, or are all ready to retire.
Terraces and balconies overlook panoramic views of Lake Tahoe and the surrounding mountains. 2view.com A sprawling Lake Tahoe estate once owned by William Harrah, one of Nevada’s pioneer casino operators, is on the market for $25,750,000. Known as Villa Harrah, the property on the east shore of Lake Tahoe possesses considerable cachet, having hosted legendary
Getty Getty The Heath Savings Account Revolution is in full swing. Consumers are starting to adopt these plans at a greater rate than ever before. In fact, Alegeus, the leading provider of HSA healthcare funding platforms found that HSAs are expected to overtake Flex Spending Accounts (FSAs) as the most common health benefit account by
Tim Cook, CEO of Apple, speaks in Brussels, on October 24, 2018. ARis Oikonomou | AFP | Getty Images Apple CEO Tim Cook warned that Silicon Valley companies needed to take responsibility for the “chaos” they create in a speech Sunday at Stanford University. Although Cook did not mention companies by name, his commencement speech
Omar Marques | LightRocket | Getty Images Bitcoin leapt across the $9,000 mark on Sunday, boosted by reports that Facebook is soon set to launch its own cryptocurrency. The world’s largest digital coin traveled as high as $9,381.82 in the last 24 hours, according to CoinDesk’s bitcoin price index. The last time bitcoin hit a
A Broadcom chip in an Apple iPhone. Brent Lewin | Bloomberg | Getty Images The financial fallout from the U.S. China trade war is beginning. But a day after after chipmaker Broadcom reported disappointing earnings, Wall Street analysts are urging investors to stay calm. The report sent chip stocks plummeting after the company cut its
Photocredit: © 2019 Bloomberg Finance LP © 2019 Bloomberg Finance LP The uptrend remains intact but Monday appears to be a down day. The upcoming week is options expiration week which typically has a bullish bias. This week in June, however, has not been as strong as it has been in other months. Expect a
With simple horizontal lines and a flat roof, Field Farm embodies modernism at its mid-20th century best. Regina Cole Mid-Century Modern design continues to beguile our twenty-first century sensibilities, but for people who do not own a modern house built between 1933 and 1965, it’s hard to get first hand knowledge of the streamlined style.
Rawpixel.com On Friday, I asked a client for some additional documents so I could prepare for an upcoming meeting. He said he’d get to it soon, but not before Monday. He was slammed getting ready for a big party. He closed the email “Happy Pride!” I responded “Happy Pride” and reminded him “pictures or it
Shoppers pack an aisle during a Black Friday sale at a Target store, Friday, Nov. 23, 2018, in Newport, Ky. John Minchillo | AP Target customers Sunday reported issues checking out at stores across the country, after registers were down for nearly two hours Saturday due to a system outage that created long lines. The
Check out the companies making headlines before the bell: Chewy – Chewy will debut on Wall Street today after pricing its initial public offering at $22 per share, above the expected range. It also sold more stock than originally planned. Chewy parent PetSmart will receive almost $900 million from the stock sale. Broadcom – Broadcom
Facebook’s founder and CEO Mark Zuckerberg speaks to participants during the Viva Technologie show at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. Chesnot | Getty Images RBC Capital Markets believes that Facebook has a “crypto opportunity,” explaining in a note to investors the firm’s high expectation for the tech giant’s coming
Just graduated? Take a close look at your digital footprint. Hiring managers often review a candidate’s Facebook and Instagram accounts, not because they want to find reasons to reject someone but for deeper understanding. “It tells so much more than a resume ever could,” said Jennifer Bodner, CEO of Babbit Bodner, a public relations firm
Share to facebook Share to twitter Share to linkedin Photocredit: © 2018 Bloomberg Finance LP © 2018 Bloomberg Finance LP Gold has had a good run, but it appears to be set up for a decline. This rally has had an effect on sentiment, turning bears into bulls. Judging by the opinion polls, when optimism
Albany, New York tops the list Photo by: Joe Sohm/Visions of America/Universal Images Group via Getty Images) Universal Images Group via Getty Images Realtor.com® recently crunched the numbers on the top 10 markets for home buyers thanks to climbing inventory, slowing sales, and lackluster price growth. “The top ten home markets have above the
An interview and Q&A with billionaire hedge fund manager and founder of Canyon Partners, Josh Friedman. In this interview, Josh discusses how he went from graduate to hedge fund manager, how the markets are changing and the increased competition of capital. Josh also talks about how he invests in commercial real estate, Value investing and
If you want to know what a machinegun really is, consult your tax adviser. I pride myself on being something of an Internal Revenue Code geek. Shortly after our large regional firm was acquired by a not quite Big 4 (more nimble, you know) we had a general get together in the Boston office. My
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