Austin Smith - Editor for 24/7 Wall St.
Lastest Stories by Austin Smith
The discussion focuses on NVIDIA’s (NASDAQ: NVDA) remarkable rise, surpassing a $3 trillion market cap and potentially outpacing Microsoft (NASDAQ: MSFT). The conversation highlights an...
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The discussion covers OPEC’s historical non-compliance with production cuts and the impact of oil flows from Russia and China’s consumption patterns. The conversation touches on...
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The discussion revolves around the confusion regarding OPEC’s recent announcements. Despite hinting at potential future quota increases, OPEC decided to maintain current production cuts until...
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There is a discussion about whether Ackman’s move to take Pershing public is partly a publicity stunt. It is noted that media-savvy figures like Ackman, who is 58 and well-suited for a CEO...
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The conversation highlights the potential impact of new battery technology on the EV market, the future entrance of Chinese car manufacturers, and the generational shift in EV adoption. Ford’s...
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The discussion shifts to the EV market, highlighting significant sales increases for GM (NYSE: GM), Ford (NYSE: F), Hyundai-Kia, BMW, Mercedes, and Porsche in May. Ford, in particular, is gaining...
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Bill Ackman’s firm, Pershing Square may go public. Ackman, who has sold 10% of Pershing to institutional investors, is looking to emulate Pershing’s European public stock. The...
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Warren Buffett, despite being one of the world’s greatest investors, has had notable investment flops. These mistakes highlight the challenges of investing over a long career and the importance...
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With the 2025 COLA adjustment potentially falling short of inflation, retirees may need to consider alternative income sources. Here are five flexible, well-paying part-time jobs that retirees can...
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The looming Social Security funding shortfall, projected to impact benefits by 2035, requires a multi-faceted solution. Possible measures include raising payroll taxes, subjecting more wages to...
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The Social Security system is facing a funding shortfall by 2035, potentially leading to a 17% reduction in benefits. Alex Lawson from Social Security Works highlights income inequality as a major...
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Managing unforeseen expenses in retirement is crucial, and owning a vehicle is often a significant expense. Retirees should prioritize reliability to ensure their cars enable a hassle-free lifestyle....
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Recent data from Zillow reveals that it’s now more affordable to rent than to own a home in the United States, making the dream of homeownership seem more distant. Homeowners are spending 35% of...
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Warren Buffett, known for his investment acumen and philosophical wisdom, offers valuable advice for those approaching retirement. Key insights include the importance of lifelong learning, the power...
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Elon Musk’s Tesla (NASDAQ: TSLA) has achieved significant milestones, including becoming the world’s most valuable automaker and seeing substantial success with the Model Y. Despite these...
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