Vanguard, a renowned asset management giant known for its low-cost investment options, has been facing criticism over its customer service in recent years. The new CEO, Salim Ramji, has made it clear that improving the customer experience is at the top of his agenda. One common complaint from Vanguard customers is the difficulty in reaching
Investing
Investors often turn to dividend-paying stocks to help stabilize their portfolios in times of market volatility. One such stock that stands out among Wall Street analysts is Western Midstream Partners (WES), a limited partnership that owns and operates midstream assets in several states. Analysts have praised WES for its impressive dividend yield of 8.8% and
The weight loss drug market has long been dominated by Eli Lilly and Novo Nordisk, but the landscape is rapidly changing. Recent updates from Roche and Viking Therapeutics have highlighted the progress made by these companies in developing experimental treatments that offer faster weight loss results. This shift in the market dynamics has caused a
Warren Buffett, also known as the Oracle of Omaha, has recently made a surprising move by downsizing one of his longest-held and largest positions – Bank of America. Berkshire Hathaway unexpectedly unloaded 52.8 million Bank of America shares worth $2.3 billion during a six-day selling spree. This marked the first time since late 2019 that
With the upcoming change in administration in 2025, traders and investors are left wondering about the impact on the markets and economy. The stark differences in policy platforms between the two parties raise concerns about the future. A hypothetical handbook titled “What to Expect When You’re Electing” could provide insights into the potential economic prospects
The recent trends in the Nasdaq-100 index have indicated significant profit taking from many investors who have chosen to reduce their exposure to what is known as the “Magnificent Seven.” This includes tech giants such as Nvidia, Meta Platforms, and Alphabet, among others. As we continue to digest the earnings reports of these companies, there
Lamb Weston, the Idaho-based supplier of frozen potato and vegetable products, faced a major setback as it emerged as the worst-performing stock in the S & P 500 following disappointing quarterly results. The fully diluted earnings per share plummeted over 70% from the same period the previous year, triggering a massive dip in the stock
The recent tech sell-off has sparked concern among investors and hedge fund manager Dan Niles. Niles believes that the market’s response to Google parent Alphabet’s quarterly results serves as a wake-up call for investors. The significant drop in shares on Wednesday, by as much as 5%, indicates that there may be growing impatience among investors
As demand for carbon-free energy continues to grow, NextEra Energy is evaluating the possibility of restarting the Duane Arnold Energy Center in Palo, Iowa. The plant halted operations in 2020 after serving for 45 years. NextEra CEO John Ketchum emphasized the need for a comprehensive risk assessment before making a decision on restarting the reactor.
Alphabet investors were in for a rollercoaster ride as the tech giant reported its second-quarter earnings. While the company managed to exceed expectations, the news of lower-than-expected YouTube advertising revenue sent shares tumbling by about 5%. This decline was further exacerbated by Alphabet’s announcement of plans to significantly increase capital expenditures in order to meet