By Bloomberg Published Aug 27, 2024 Burberry Group Plc is poised to exit the FTSE 100 Index, ending the luxury-goods maker’s 15-year stay in the UK blue-chip gauge. See catwalkBurberry – Fall-Winter2024 – 2025 – Womenswear – Londres – ©Launchmetrics/spotlight The stock will likely drop down to the midcap FTSE 250 Index at September’s quarterly [...]read moreBurberry set to end 15-year stay in FTSE 100 after stock slump
On July 16, 2024, we had a mini-stock market crash with the S&P 500 declining from 5,667 to 5,186 by August 5, 2024 (-8.5%). The NASDAQ saw a larger drop, falling from a high of 18,647 on July 10, 2024, to 16,200 on August 5, 2024 (-13%). Most investors anticipated a correction due to elevated [...]read moreStock Market Crashes Can Change Your Life For The Better
I’m a fan of both stock dividends and rental property income, my two favorite sources of passive / semi-passive income. When younger and less wealthy, rental property income may be preferable. As you age and accumulate wealth, you’ll likely appreciate stock dividend income more for its simplicity. However, stock dividend income’s main drawback is that [...]read moreWhy Rental Property Income Is Superior To Stock Dividends
Much of the ‘noise’ around Superdry in recent periods has been its ongoing restructuring process. But with that reaching a major milestone as of Monday, the company is ready to move on and its first key move is a major fragrance duo launch. First, that milestone. Superdry said on Friday that its delisting from the [...]read moreSuperdry enters new era with stock exchange exit and fragrance entry
By Bloomberg Published Jul 13, 2024 Markets’ downbeat reaction to Brunello Cucinelli SpA’s solid second-quarter earnings is an ominous sign for Europe’s luxury goods companies, which likely face a tough slog this results season to placate investors’ concerns for the sector. Brunello Cucinelli Shares in the Italian cashmere house fell as much as 2.3% on [...]read moreCucinelli stock slide hints at tough results season for luxury
One of the most common pushbacks I get from some of my investing and economy-related articles is that the stock market isn’t the economy. To conflate the two would be a mistake. I agree since not everybody owns stocks. Therefore, not everybody will benefit from rising stock prices. As an example, here’s a comment I [...]read moreThe Stock Market Is Absolutely The Economy, Here’s Why
Peter Knag joins the company in the middle of a rough real estate market, and when iBuying specifically appears to have lost some of its buzz. At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join [...]read moreOfferpad Gets New CFO As Stock Hovers Near Record Low
By Reuters Published May 21, 2024 Investment firm Marathon Partners Equity Management is turning up the heat on Dr Martens by urging the British boot maker to detail planned expense cuts and to buy back stock, people familiar with the matter told Reuters. Reuters The increased pressure comes roughly two months after Marathon Partners’ managing [...]read moreMarathon Partners urges Dr Martens to buy back stock, detail expense cuts
EV maker Lucid (LCID) reported mixed first quarter results as a wider-than-expected loss trumped the company’s confirmation that its Gravity SUV is still on track for a 2024 debut. For the quarter, Lucid reported revenue of $172.7 million, topping expectations of $150.1 million and nearly 16% higher than a year ago. Lucid’s loss per share, [...]read moreLucid stock down on Q1 loss, confirms Gravity SUV on track for ‘late 2024’ launch
Warren Buffett (left) and Elon Musk (right)Alex Wong/Getty, REUTERS/Rebecca Cook Warren Buffett’s Berkshire Hathaway should buy Tesla stock, according to Elon Musk. “He should take a position in Tesla. It’s an obvious move,” Musk tweeted about Buffett on Sunday. Detailed below is why Warren Buffett probably won’t invest in Tesla, despite the encouragement. Warren Buffett [...]read moreElon Musk says Warren Buffett should buy Tesla stock. Here’s why he probably never will.