Category: Investments

Next’s half-year sales rose 5.4% to £2.6bn Half-year pre-tax profit of £419.8m, up 4.8% Full-year pre-tax profit guidance raised from £845m to £875m Next’s Half-Year Earnings NEXT plc (LON:NXT)’s half-year results continued its hot streak of beating market expectations on the upside. A 3.2% increase in branded full-price sales over the first half helped group...

Q: Will Donald Trump spend the rest of his life in prison? A: No one knows – not even Trump or his hairdresser. Do you think former President Donald Trump will spend even a single day in jail? Considering that the man is a career criminal, it would be reasonable to assume that his having...

Manufacturing and transportation projects drive gains HAMILTON, NJ – September 20, 2023 – Total construction starts rose 6% in August to a seasonally adjusted annual rate of $1.3 trillion, according to Dodge Construction Network. Nonresidential starts rose 40% thanks to a large pickup in manufacturing and transportation buildings. Residential and nonbuilding starts fell 1% and...

Kwasi Kwarteng’s mini-budget was announced a year ago – on 23 September 2022.  In the wake of the announcement, the market was alarmed that inflation would run riot, which caused government bonds to drop dramatically. This pushed interest rates on fixed mortgage through the roof, and made annuities and savings rates far more attractive.  So...

New report finds nearly $7 trillion in unfunded pension liabilities across the 50 states. Arlington, Va. – The American Legislative Exchange Council (ALEC) is proud to announce today’s release of Unaccountable and Unaffordable, 7th Edition, an annual report analyzing unfunded public pension liabilities for every state. This year, those unfunded liabilities total $6.96 trillion nationwide –...

In recent years, timepieces have been enjoying a robust resurgence of interest. The advent of connected timepieces has repositioned the watch as an important, youthful fashion accessory. Also, it has revalued mechanical timepieces. If wearing the latest connected timepiece is trendy, having a high-quality automatic timepiece is a highly cherished sign of taste. But it’s...

Key Points Cognyte is an artificial intelligence (AI) powered intelligence analytics software provider to hundreds of government, intelligence, military and security clients in over 100 countries. Palantir Technologies provides its AI platform to government, military and intelligence agencies, notably being a vital tool for Ukraine. Palantir reported its third consecutive quarter with a GAAP profit...

Key Points Mullen Automotive shares are beaten down but showing signs of a bottom.  A growing number of orders and ramping production point to ramping revenue by year-end.  Short interest remains high and could cap gains in the near to short term regardless of revenue.  5 stocks we like better than Mullen Automotive Shares of...

Key Points Qualcomm and Apple, which have a history of legal battles, as well as partnerships, extended their 5G modem deal. A global decline in smartphone sales has affected Qualcomm’s earnings. Analysts expect Qualcomm earnings to stabilize with 10% growth in the next year. 5 stocks we like better than QUALCOMM Smartphone chipmaker Qualcomm Inc....

Saving for a down payment on a house is often not an easy task. A down payment can be a substantial amount of money, depending on the price of the house, and a weekly or monthly savings plan can take years to add up to enough. There are ways to use your 401K to buy...