Investing

Investing
Investing

179-year-old tobacco giant sends blunt message to workers

Philip Morris International, an international tobacco company, has recently been in the news for its “smoke-free” alternatives and regulatory battles it faces with the ZYN pouches. Philip Morris closes office, lays off Amidst this, it filed a WARN (Worker Adjustment and Retraining Notification) letter with the Virginia Employment Commission on January 28 regarding the closure

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Clock ticks for $295 billion shadow bank amid secret bank run

Wall Street’s inclusive promise to bring private credit accessible to everyone, ‘democratizing,’ recently hit a cement wall. For a long time, private credit was reserved for the ultra-wealthy and pension funds. After private credit became ‘democratized,’ Mom-and-pop investors are the ones getting punished – with no exit in sight. Blue Owl Capital (OWL) is a

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Analysts revisit Nvidia-backed AI stock ahead of earnings

Nvidia is not just a leader in artificial intelligence chipmaking. It is also a key investor, whose backing is often a major reason a stock attracts market interest. That is now playing out with CoreWeave. The company has become Nvidia’s largest disclosed holding, accounting for 86.4% of its portfolio as of the end of the

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SpaceX, xAI merger sparks blunt 5-word Palantir billionaire take

“I don’t ever second-guess Elon.” That’s Palantir (PLTR) co-founder Joe Lonsdale’s sharp take on how he views the growing chatter around a potential SpaceX–xAI tie-up.  Though he feels there’s substance to the idea, he isn’t rushing to the conclusion that it is the endgame for Tesla (TSLA) CEO Elon Musk’s empire. For a little context,

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147-year-old oil giant just raised dividend 4% in 2026

Chevron reported Q4 earnings on January 30 that topped analyst expectations, even as crude prices delivered the steepest yearly decline in half a decade.  More importantly for income investors, Chevron (CVX) announced it’s raising its quarterly dividend 4% to $1.78 per share. That marks another chapter in the company’s unmatched track record of dividend growth

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Billionaire Dalio sends 2-word message on Fed pick Warsh

The Federal Reserve is about to get a new Federal Reserve Chairman. After a year of criticism, President Trump has nominated long-time Wall Street insider and former Fed Reserve GovernorKevin Warsh to take over the role from much-maligned Jerome Powell, Picking Warsh raised eyebrows on Wall Street, including mine, given his hawkish rate reputation, contributing

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Warren Buffett’s surprising investing preference: silver, not gold

Gold is “a way of going long on fear,” Warren Buffett said in a 2011 appearance on CNBC’s “Squawk Box.” He added that if people become more afraid, you make money, and if they become less afraid, you lose money, because “the gold itself doesn’t produce anything.” In his 2011 Berkshire Hathaway shareholder letter, he

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The filiming location of ‘Bridgerton’ now lets you book overnight stays

As hotel and Airbnb owners in remote parts of the world are acutely aware, the hype around a popular show can be a godsend in sending scores of tourists and their dollars to an otherwise undervisited destination. In western New York State, the resort that hosted the weight-loss reality TV program “The Biggest Loser” has

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Top bank resets gold price target into late 2026

Gold has a wild few days, but UBS thinks the bigger story still lies ahead.  With the shiny metal trading around $4,865 an ounce, the bank just bumped its price target to $6,200 for March, June, and September 2026, up from $5,000 previously.  That base case implies an incredible 27% upside from current prices, after

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Investing

Major travel site just sent workers a harsh message

Expedia Group has become the latest tech company to join the round of layoffs that have been keeping the market abuzz with unease and instability. LinkedIn was flooded on Wednesday, Jan 28, with posts from laid-off employees who had set their profile pictures to ‘Open to Work.’ In November, Expedia (EXPE) exceeded expectations in its

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