Austin Smith - Editor for 24/7 Wall St.
Lastest Stories by Austin Smith
: Annuities have high fees and low liquidity; they’re often better for brokers than investors. Consider low-cost mutual funds or treasury funds for more flexibility. Avoid annuities unless...
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: Warren Buffett sold half of his Apple stake and now holds $277 billion in T-bills, earning $12-13 billion annually in interest. His move suggests he sees limited value in the current market, with...
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: Perplexity, an AI company, raised $250 million to build a better search engine than Google. AI’s potential could challenge Google’s long-standing dominance. A non-political, effective...
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: Most big companies seem overvalued, with the S&P 500 trading at high multiples. Warren Buffett’s recent stock sales hint he’s preparing for a potential market downturn. He may be waiting...
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: Google faces legal challenges and new AI competition, threatening its search dominance and market cap. Justice Department ruling and emerging search engines like Perplexity could erode Google’s...
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: ARMs are becoming attractive again with expected rate declines, offering lower initial payments. Ideal for early homebuyers, but plan for possible rate increases after the initial period. Consider...
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: Consider a pairs trade: long Microsoft, short Alphabet, due to Google’s antitrust issues. The Justice Department’s ruling could weaken Google, making this strategy potentially profitable....
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: HELOCs are a good option for homeowners, especially seniors, to access cash without selling their home. Rates are reasonable and can be used to invest in higher-yield assets. Start by checking with...
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: Zero-coupon bonds are a great gift for grandparents to help fund a grandchild’s college education. Ideal for conservative investors, they offer safe, long-term savings backed by the U.S....
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: Bing could gain market share as Google faces antitrust issues, making Microsoft a potential long-term buy. If Google is forced to break up or stop paying for default search status, Bing could...
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: Zero-coupon bonds accrue value over time, offering a low-risk investment for long-term goals. Great for conservative investors, they can help save for college or other future expenses. Available...
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: Ford hit a two-year low, struggling with poor management and EV failures. Persistent warranty costs highlight ongoing quality issues. The dividend is at risk; further cuts may follow. We’ll...
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Starbucks’ stock could rise if Paul Singer launches a proxy fight or Howard Schultz returns with a buyout. Singer might push for cost cuts and board changes, driving a stock rally. Q3 earnings...
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Starbucks’ earnings fell short due to high prices, service issues, and strong competition. Morning rush delays and poor staffing frustrate customers. Same-store sales are likely to stay flat or...
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EV sales are strong in China but slowing in the U.S. and Europe due to high costs and trust issues. Challenges like range anxiety and repair costs limit broader adoption. Chinese EVs could boost...
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