Austin Smith - Editor for 24/7 Wall St.
Lastest Stories by Austin Smith
: VST is the top-performing S&P 500 stock, outperforming Nvidia. Utility stocks are in demand due to reliable dividends and expected interest rate cuts. Consider smaller utility stocks or the...
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: Concentration of Wealth: Elon Musk’s fortune is primarily tied to Tesla, making him less liquid despite his massive net worth. Comparison to Other Billionaires: Unlike diversified billionaires...
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: TikTok exits the music streaming business, creating opportunities for competitors. Spotify likely benefits most from TikTok’s departure. TikTok’s younger user base may not have been interested...
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: AI, Bitcoin mining, and data centers are rapidly increasing electricity demand. Renewable energy sources alone can’t meet the growing energy needs. Companies like Microsoft are investing in...
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: Stellantis may lay off 50% of its North American workforce and outsource jobs due to struggles in the U.S. market. Jeep faces increasing competition from brands like Hyundai and Kia, threatening...
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: Prudence in spending is crucial for extending the longevity of retirement savings. Moving to a lower-cost area or tax-friendly state can significantly increase the value of your retirement funds....
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: Retirement needs vary by location and income sources. A million dollars is solid, but conservative investments are key. Include home value and other assets in retirement planning. One of the best...
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: John Ive, former Apple design head, is partnering with OpenAI to develop an AI-based hardware product. The collaboration could disrupt consumer electronics, drawing parallels to how Microsoft and...
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: Prudence in spending is crucial for extending the longevity of retirement savings. Moving to a lower-cost area or tax-friendly state can significantly increase the value of your retirement funds....
Published:
: Retirement needs vary by location and income sources. A million dollars is solid, but conservative investments are key. Include home value and other assets in retirement planning. One of the best...
Published:
: Intel missed key markets like smartphones and AI, leading to its decline. A potential Qualcomm-Intel merger would be challenging and may not boost their AI presence. Investing in Intel is risky,...
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: China’s EV Dominance: Chinese EV companies are pushing Volkswagen out of the market, adding to their global struggles. Declining Sales: VW is facing challenges in both Europe and the US, with...
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: Volkswagen’s First Plant Closures in Germany: A historic move causing significant concern. EV Sales Struggles: Low demand in Europe, conflicting with EU regulations to reduce gas-powered cars....
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: iPhone XVI Sales: Delayed software and minimal changes may lead to weak sales. Chinese Competition: Foldable phones from Chinese brands are challenging Apple’s dominance. Increased Advertising:...
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: Intel missed key markets like smartphones and AI, leading to its decline. A potential Qualcomm-Intel merger would be challenging and may not boost their AI presence. Investing in Intel is risky,...
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