Image source: Getty Images Heading into 2024, many investors were bullish on BP (LSE: BP) shares. Global GDP growth was anticipated, as was a stable oil price at $83 per barrel. There were strong BP dividend forecasts and a cheap valuation. Moreover, the World Bank said in late 2023 that the oil price could head toward a record $150 if the conflict in the Middle East escalated. Unfortunately, this has happened over the last few weeks. So, how much would I have made if I’d stuck £5k into the FTSE 100 oil stock at the start of the year? Let’s…
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On Wall Street, important data releases are a common occurrence. Monthly inflation and jobs reports, coupled with Wall Street’s leading businesses reporting their quarterly operating results over a six-week stretch every quarter, can make it easy for a key data release to slip under the radar.Aug. 14 marked what can arguably be described as the most important data dump of the third quarter. This was the last day to for institutional investors and wealthy asset managers to file Form 13F with the Securities and Exchange Commission. A 13F details which stocks Wall Street’s smartest and most-successful money managers purchased and…
ABT Sportsline’s Legacy Edition RS 6 Avant and RS 7 Sportback are a testament to the tuner’s mastery of raising Volkswagen Group vehicles to extraordinary heights. These super-sporty models, released last year, have recently undergone a series of bespoke interior customizations, further solidifying their status as automotive masterpieces. The RS 6 Avant Legacy Edition, in particular, boasts a stunning Shadow Blue interior, meticulously crafted from a combination of leather and Alcantara. From the headliner and sun visors to the dashboard, seats, door cards, and steering wheel, every touchable surface has been enveloped in this luxurious duo. To complete the transformation,…
RH (NYSE:), formerly known as Restoration Hardware, stands as a prominent player in the luxury home furnishings market. The company offers a wide range of products, including furniture, lighting, textiles, bathware, decor, outdoor and garden items, as well as baby and child products. As of September 30, 2024, RH finds itself at a critical juncture, balancing promising signs of growth with ongoing market challenges. Company Overview RH has established itself as a luxury brand in the home furnishings marketplace. With a market capitalization of $5.949 billion as of September 2024, the company has maintained a significant presence in the industry.…
Audi’s Q6 Sportback e-tron is a stylish electric crossover that offers impressive performance and range. Built on the Premium Platform Electric (PPE) architecture, the Q6 Sportback e-tron features a 100 kWh lithium-ion battery pack that provides ample power for both city driving and highway cruising. The North American model will likely be available in two configurations. The base model will share the same powertrain as the Q6 e-tron, offering up to 456 horsepower and a range of 307 miles. This is more than enough power for most drivers, and the range is competitive with other electric vehicles in its class.…
The 1965 Pontiac Grand Prix, despite a major overhaul, couldn’t match the sales success of its GTO sibling. The GTO’s introduction made it clear that customers craved more performance, leading Grand Prix sales to plummet to around 57,000 units. Even with powerful engines like the 421 HO, the GTO’s allure proved too strong. The Grand Prix’s popularity continued to wane in the following years. In 1966, sales dropped further to 36,000 units. The car showcased in these photos is a 1965 model originally equipped with a 389 four-barrel engine. It has since been upgraded with a Tri-Power setup but comes…
Image source: Getty Images Investors looking for dividend stocks to buy are spoilt for choice in the UK. Although the passive income can never be guaranteed, there are plenty with dividend yields of more than 5% right now. Dividend powerhouse Online trading platform provider IG Group (LSE: IGG) is one of my favourite dividend distributors in the FTSE 250 for several reasons. First, the yield currently stands at 5.2%. That’s far above the 3.2% that I’d get from a fund tracking the index. It’s also impressively large considering IG shares have been on an absolute tear recently, rising 43% in…
The Stellantis sign is seen outside the FCA Headquarters and Technology Center in Auburn Hills, Michigan, on Jan. 19, 2021.Jeff Kowalsky | Afp | Getty ImagesStellantis on Monday trimmed its 2024 annual guidance on the back of deteriorating “global industry dynamics” and bolstered competition from China, sending Milan-listed shares lower on open.The French-Italian conglomerate, known for brands such as Chrysler, Dodge, Jeep and Maserati, warned of lower-than-expected sales “across most regions” in the second half of the year. It now pencils in an adjusted operating income (AOI) margin between 5.5% to 7.0% for the full-year 2024 period, down from a…
The Reyes family has a deep rooted passion for classic Buicks, particularly the iconic Riviera. This love story began decades ago, and it continues to thrive through the generations. Jaime Reyes, the patriarch of the family, has been a dedicated Buick enthusiast since his teenage years. His children, JJ and Katie, have inherited this passion, and they have become equally devoted to the classic Riviera. Jaime’s love for the Riviera began when he was a teenager. He has owned several classic Rivieras over the years, and he has always been involved in the Buick enthusiast community. His children, JJ and…
Mirum Pharmaceuticals, Inc. (NASDAQ:), a biopharmaceutical company focused on developing and commercializing therapies for debilitating liver diseases, has been making significant strides in expanding its product portfolio and market reach. The company’s recent FDA-approved label expansion for its flagship drug LIVMARLI (maralixibat) and the ongoing development of its promising candidate volixibat have positioned Mirum as a key player in the treatment of rare liver diseases. Livmarli Performance and Expansion LIVMARLI, Mirum’s lead product for the treatment of cholestatic pruritus in patients with Alagille syndrome (ALGS), has recently received an important label expansion from the FDA. The drug is now approved…