By Kuba Stezycki and Kacper Pempel STRONIE SLASKIE, Poland (Reuters) – As water receded in Stronie Slaskie, one of the areas worst-hit by massive floods in south-west Poland, residents and volunteers began clearing up in hope their homes would be liveable before the onset of winter. Parts of the mountain town of 5,000 people were swamped when a dam burst last weekend during Central Europe’s worst floods in more than two decades that have caused billions of dollars of damage and killed at least 24 people. Miroslaw Wegrzyn, 67, who has been running the “Ice Cool” ice cream shop for…
Author: user
Carbon insurance specialist Kita has announced the expansion of its insurance coverage to include Marex‘s investment in Global Mangrove Trust‘s (GMT) mangrove restoration and conservation project in North Sumatra, Indonesia.This move is aimed at boosting early-stage investment in essential carbon solutions by adding a layer of security and confidence to mangrove projects, Kita said in a statement on Thursday.Marex, a UK-based provider of environmental commodities and financial services, supports the GMT project, which is focused on the restoration of coastal mangrove ecosystems.The project, launched under the OxCarbon Standard by YAGASU and GMT, also includes livelihood generation and social programs.Verification is…
The main point of investing for the long term is to make money. Furthermore, you’d generally like to see the share price rise faster than the market. But Oppenheimer Holdings Inc. (NYSE:OPY) has fallen short of that second goal, with a share price rise of 67% over five years, which is below the market return. On a brighter note, more newer shareholders are probably rather content with the 35% share price gain over twelve months.Now it’s worth having a look at the company’s fundamentals too, because that will help us determine if the long term shareholder return has matched the…
There’s no doubt that investing in the stock market is a truly brilliant way to build wealth. But if when you choose to buy stocks, some of them will be below average performers. Unfortunately for shareholders, while the Great Southern Bancorp, Inc. (NASDAQ:GSBC) share price is up 22% in the last year, that falls short of the market return. Having said that, the longer term returns aren’t so impressive, with stock gaining just 10% in three years.Now it’s worth having a look at the company’s fundamentals too, because that will help us determine if the long term shareholder return has…
Over the last two years, the hype around the artificial intelligence (AI) boom has led to incredible operating momentum for Nvidia (NASDAQ: NVDA), the company that designs and manufactures most of the industry’s chips. But while business is roaring, the company’s stock price seems to have hit a roadblock. Let’s discuss why this might be happening and determine whether Nvidia’s shares can hit $200 before the end of the year.Nvidia’s rocket-ship rally fadesWith shares up by around 2,450% over the last five years, Nvidia has been a rewarding investment for its long-to-medium-term shareholders. However, the thesis is beginning to unravel,…
SEBI released decisions made in its board meeting on June 27th 2024, which will significantly impact the income of finfluencers.The circular says: 1.1 The persons regulated by the Board and the agents of such persons shall not have any association, like, any transaction involving money or money’s worth, referral of a client, interaction of information technology systems orany other association of similar nature or character, directly or indirectly, with any other person who, directly or indirectly, provides advice or recommendation or makes any implicit or explicit claim of return or performance, in respect of or related to security or securities…
When the man who’s built the greatest fortune in history from investing alone – and whose preferred holding period is “forever” – becomes a resolute seller of two of the most widely held stocks in the world, the questions about what it means for the market and economy are inevitable. And so it is with Warren Buffett’s Berkshire Hathaway slashing its holdings in Apple and Bank of America in recent months. The Apple position has roughly been halved this year, and the selling in Bank of America last week reached nearly $8 billion since mid-July, dropping Berkshire’s stake to 10.7%…
When you buy through links on our articles, Future and its syndication partners may earn a commission.Credit: NASA/JPL-Caltech – Egyptian Ministry of Tourism and AntiquitiesRarely do we get the opportunity to hum a classic David Bowie song while thumbing through the latest science news, but this week we saw the return of spiders on Mars. No, they’re not real arachnids scurrying across the Red Planet’s surface — instead they’re part of a geological feature known as araneiform terrain. These dark, crack-like structures form when carbon dioxide seasonally erupts from the planet’s surface and resemble spiders scurrying across the terrain when…
Lesson 7: Compounding is incredibly powerful; start saving as early as possible.If you start investing $1,000 a month at age 40 and earn 8% a year, you will have about $957,000 by age 65 (after investing $300,000 during that time). If you instead invest $272 a month starting at age 25 and earn that same 8%, you will have about $957,000 by age 65 (after investing $130,080 over that time).Lesson 8: Pay off high-interest rate debt first.If you have three loans, one at 6%, one at 9% and one at 15%, prioritize paying down the 15% loan.Some financial experts recommend…
Nvidia won’t be the leader in AI forever. Nvidia has been the king of the first wave of artificial intelligence (AI) investing. Its graphics processing units (GPUs) are being purchased by the truckload by the biggest cloud computing and AI modeling companies. Eventually, if they have all the computing power they want, Nvidia’s business would decline as new computing capacity wouldn’t be needed. This will give way to the next wave of AI investments, and if you’re looking to cash in on this trend, I’ve got three companies that are slated to do well. Cloud computing is going to grow…