Recent studies have shown that large family offices are making a significant move towards alternative investments rather than traditional stock markets. According to the JPMorgan Private Bank Global Family Office Report, these family offices have allocated almost half of their investments in private markets and alternatives. This shift aims to achieve higher returns and lower
Paramount Global is gearing up for a significant change in leadership as reports surface that Chief Executive Officer Bob Bakish is set to be replaced by a team of existing division heads. The move, reportedly scheduled to be announced on Monday, is poised to have far-reaching implications for the company’s future direction. This impending leadership
Local Chinese authorities have made the decision to lift restrictions on Tesla cars after the company’s China-made vehicles met the country’s stringent data security requirements, according to an announcement made by the automaker on Sunday. This significant development came following a surprise meeting between Tesla CEO Elon Musk and Chinese Premier Li Qiang in Beijing,
A recent U.S. Labor Department rule is set to revolutionize the world of retirement investment advice and significantly impact the guidance given to investors considering rolling over funds from 401(k) plans to individual retirement accounts (IRAs), according to legal experts. Issued on April 23, the new “fiduciary” rule aims to elevate the standards for brokers,
When looking at the current market conditions and the impact of macro challenges on companies, it becomes evident that the long-term prospects of a company matter more than the short-term stock movements triggered by quarterly results. According to TipRanks, a platform ranking analysts based on their past performance, Netflix (NFLX) is a stock favored by
In a recent interview on CNBC’s “ETF Edge,” ARK Invest’s chief futurist Brett Winton highlighted five key areas that tech investors should focus on to gain an edge in the market. These areas include robotics, artificial intelligence, multi-omics sequencing, public blockchain, and energy storage. Winton emphasized that these technologies are all entering the marketplace simultaneously,
Wolfspeed is a semiconductor company known for its focus on silicon carbide technologies, with a core mission of providing solutions for efficient energy consumption and a sustainable future. The company’s product families span silicon carbide material and power devices designed for a range of applications, including electric vehicles, fast charging, renewable energy, and storage. Jana,
As voters gear up to cast their ballots this coming November, they aren’t just deciding between political parties – they are also making a pivotal choice regarding the fate of Social Security. The program, set to allocate a whopping $1.5 trillion in benefits to nearly 68 million Americans per month by 2024, serves as a
In the current spring housing market, potential homebuyers are shifting their focus towards new construction, rather than previously owned homes. This change is driven by several factors, including incentives, availability, and market conditions. With lower supply, higher prices, and rising interest rates affecting the housing market, new construction presents a more appealing option for many
The wealth gap among rich millennials and the rest of their age group has continued to widen, leading to increased class tension and resentment. Recent studies have shown that the top 10% of millennials have amassed more wealth than the previous generations, while the majority struggle with student debt, low-wage jobs, unaffordable housing, and low