One of the hottest names in artificial intelligence software is data analytics company Palantir Technologies (NYSE: PLTR). Over the last couple of years, it has swiftly evolved from a government contractor working closely with the U.S. military into a more prolific platform reaching major end markets in the private sector.The company’s accelerated top- and bottom-line growth isn’t going unnoticed, either. So far in 2024, investors have sent Palantir shares soaring 150% — versus the near-20% returns posted by both the S&P 500 and Nasdaq Composite.But in the midst of Palantir’s shining moment, the company’s chairman, Peter Thiel, just sold a boatload…
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Image source: Getty Images Investing with a Stocks and Shares ISA has been one of the few tools available for British savers to build wealth over the last decade. After all, with interest rates at near zero, savings accounts barely seemed worthwhile. And even bonds failed to offer anything meaningful without venturing into low-quality assets. Today, the situation’s rather different. Aggressive interest rate hikes to combat inflation have made savings accounts interesting again. Even after the recent cut, savers are still able to enjoy a near 4%-5% risk-free return at most banks. So is there any point in investing in…
Image source: Getty ImagesThe idea of getting into the stock market can be an exciting but daunting one. For example, one concern some people have is that it is not possible to start investing without a large sum of money.In fact, that is not the case. Personally I see some advantages to starting on a smaller scale and trying to keep the cost of any beginner’s mistakes as small as possible.If I had a spare £300 and had never invested before, here is the approach I would take to getting started this month.Learn, learn, learnFirst I would try to understand…
Image source: Getty Images The Rolls-Royce (LSE: RR.) share price is in a strong uptrend right now. This year, it’s risen about 75%. Over the last 12 months, it’s leapt around 150%. Wondering how high the FTSE 100 stock can climb? Here’s a look at City analysts’ latest share price targets. New forecasts In recent months, a handful of brokers have announced new share price forecasts for Rolls-Royce. I’ve listed the brokers and their respective price targets below: UBS – 640p (8 October) Deutsche Bank – 555p (3 September) Jefferies – 640p (3 September) Bank of America – 675p (2…
Nike (NYSE: NKE) checks the boxes for being a blue chip stock. It’s been an industry leader for quite some time, it’s financially stable, and it has a global brand many companies could only dream of matching. Unfortunately, being a blue chip stock doesn’t make you immune from down periods, and that’s exactly what Nike has gone through these past few years.Since hitting an all-time high in Nov. 2021, Nike stock is now down close to 55%. It’s fallen 24% in 2024 alone. Needless to say, it’s been a rough ride for Nike and its shareholders lately.On one hand, no…
Image source: Getty Images When it comes to building retirement wealth, a Self Invested Personal Pension (SIPP) is one of the most powerful investing tools around. Beyond protecting capital gains and dividends from the clutches of HMRC, the added tax relief benefits can supercharge an investor’s pool of capital. Assuming someone’s paying the Basic tax rate of 20%, any deposit made into a SIPP is eligible for 20% tax relief. And while investors can currently only put in a maximum of £60,000 a year, the unused allowance from the previous three years can be carried forward – something that’s not…
(Bloomberg) — China’s highly anticipated Finance Ministry briefing on Saturday lacked the firepower that equity investors had hoped for, indicating that the volatility that’s gripped the market following a world-beating rally will likely extend.Most Read from BloombergWhile Finance Minister Lan Fo’an promised more support for the struggling property sector and hinted at greater government borrowing to shore up the economy, the briefing didn’t produce a headline dollar figure for fresh fiscal stimulus that the markets had sought. A lack of new incentives to boost consumption, which has been a weak link in the economy, is another reason why traders may…
Decades before the Marie Kondo era of clearing out the clutter, Elaine St. James began simplifying her life and wrote a bestseller about it in the early 90s.In her book, “Simplify Your Life,” St. James shares 100 ways that you can embrace simplicity and “enjoy the things that really matter.” From living on half of what you earn and saving the rest to building a simpler wardrobe, her advice spotlights themes of living with less that experts still suggest for wellness, decades after the book’s publication in 1994.For St. James and her husband, “living simply meant reducing the scale, maintaining…
Hong Kong will become more aggressive in luring investors who can help develop start-ups as the city seeks to diversify the economy and boost the innovation and technology (I&T) sector, the Post has learned.Sources told the Post that city leader John Lee Ka-chiu would announce changes to how the HK$2 billion (US$257.4 million) Innovation and Technology Venture Fund (ITVF) operates in his policy address on Wednesday.Experts said one option available was for the government to stop investing in start-ups directly and instead put the money into venture capital funds, adopting an approach favoured by some municipal authorities in mainland China.The…
Diogo Jota is one of Liverpool’s best forwards. He is also near the top of the food chain when it comes to esports.In November 2021, Jota scored twice in a 4-0 victory over Southampton and celebrated his first by pretending to play a video game, sitting on the floor and wiggling his thumbs to mimic holding a controller.To make it in time for that Premier League fixture, Jota had cut short a qualifier for a FIFA 22 tournament to go and play an actual game of football.For Jota, video games are far more than just a pastime. He has spent…