Month: April 2021

Gold funds provide investors with exposure to the commodity without having to deal with the hassle of taking delivery of or delivering physical gold assets, which is typically required in the commodities futures market. Gold funds may be used as a hedge against geopolitical instability or interest rate risk. Although Vanguard does not offer a
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Warren Buffett (L), CEO of Berkshire Hathaway, and Vice Chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. Johannes Eisele | AFP | Getty Images Warren Buffett will kick off Berkshire Hathaway‘s annual shareholder meeting this Saturday riding high, with shares of the conglomerate at a record and its
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NIO Earnings Results Metric Beat/Miss/Match Reported Value Analysts’ Prediction Earnings Per ADS Miss -3.14 yuan -0.72 yuan Revenue Beat 8.0 billion yuan 7.5 billion yuan  Vehicle Deliveries Miss 20,060 20,070 Source: Predictions based on analysts’ consensus from Visible Alpha Key Takeaways NIO delivered a record 20,060 vehicles in the first quarter, just narrowly missing analyst estimates.
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Amazon has reported its second straight quarter of $100bn-plus sales, comfortably beating Wall Street’s targets as it continues to reap the rewards of pandemic conditions. Net sales of $108.5bn in the first three months of the year helped the company achieve a net income of $8.1bn, up by more than 220 per cent on the
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Amazon.com, Inc. (AMZN) is one of the most valuable megacap companies on the Nasdaq exchange. The firm commands a high premium valuation because of its demonstrated record of consistent sales growth. However, it almost always appears grossly overvalued when using earnings-based valuation methods. Amazon pursued a strategy of reinvesting most of its profits into the
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On Manhattan’s Billionaires’ Row, just off Central Park, a luxury four-bedroom residence is up for sale. Featuring ten-foot ceilings, four-and-a-half bathrooms and an eat-in kitchen, the unit also includes 24-hour concierge service. The catch? Good luck finding it on the open market. The seller, whose identity was not disclosed, is soliciting offers from just a
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Financial advisors have seen clients make very smart, and pretty dumb, 401(k) plan decisions. FatCamera | Getty Images Lower-income homeowners could benefit from a new refinance program being launched by the U.S. government. Starting this summer, eligible borrowers will be able to refinance their mortgage at a reduced interest rate and lower monthly payment, saving
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Congestion pricing, a Manhattan Greenway, open-streets programs and a plethora of other uses are all at play as New York weighs recrafting its streets amid its emergence from COVID-19. “This is a long-term conversation that we and other cities are having, as to the use of the streets,” said Kathryn Wylde, president of the business
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During and after the 2008-09 financial crisis, the media constantly wrote headlines about corruption and scandal on Wall Street. We became familiar with terms such as overleveraged, mortgage-backed securities (MBS), recession, and liquidity crises. We also are reminded of the more recent scandals when we hear names such as Bernie Madoff. Madoff scammed billions from
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The Price of Shale Oil vs. Conventional Oil: An Overview Hydraulic fracturing, also called fracking, is an important technological advance for the oil and gas industry. In addition to opening up a staggering amount of natural gas for production, fracking allows extraction companies to recover what is called tight oil from deposits that were unworkable
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In this article ENPH Solaray Director Jonathan Fisk moves a solar panel at the solar power installation company’s Sydney facility. Jason Reed | Reuters Shares of Enphase Energy dipped more than 14% on Wednesday after the company warned about the ongoing impacts of the chip shortage. For the first quarter the company, which makes microinverters
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A former Morgan Stanley broker will pay $5,000 in fines after the Financial Industry Regulatory Authority found he bought and sold customers’ securities without their consent, a practice the firm didn’t allow at the time. Constantinos Maniatis agreed this week to pay the fine and be suspended for 30 days while neither admitting nor denying
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There are many different options when it comes to life insurance policies, ranging from comprehensive whole life to limited-term policies. While term policies are usually the cheapest form of life insurance, whole life policies offer a number of benefits that policyholders may want to consider, including a guaranteed death benefit, predictable premiums over time, and
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Listings on stock markets around the world are running at a record pace, with both deal numbers and values at their highest levels for the start of any year in at least two decades. This year, 875 initial public offerings each raising at least $1m have been clinched globally, according to data from Dealogic that cover
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Capitalism, at least in its pure theoretical form, is supposed to reward success and punish failure. Build a better mousetrap, sell enough units at a sufficiently high markup, and you’ll prosper. Burn through billions of dollars of investors’ money without showing a profit, and you should cease operations and find yourself another line of work.
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CNBC’s Jim Cramer on Tuesday expressed some disappointment in Tesla‘s first-quarter earnings report and subsequent conference call. “I have to be somewhat critical. This was not the blowout quarter,” Cramer said on “Squawk on the Street,” describing the numbers released Monday by the electric vehicle maker as “very good” relative to certain industry peers. He
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