Defensive stocks are a key part of the market that can provide significant benefits to a portfolio. While they are often not considered market leaders, this is certainly not always the case. Defensive stocks tend to outperform in bear markets and during economic downturns. In the case of consumer staples stocks, the underlying nature of … Read more
Whenever analysts at Wall Street’s biggest banks decide to band together to back a particular group of stocks, it’s a good idea for retail investors to keep an eye on the trends, try to reverse engineer their views and opinions and, more importantly, where they come from. Confident analysts often take a bullish or bearish … Read more
Investors should often take analyst ratings with a grain of salt, as there are often hidden interests and agendas behind each rating and price target. In reality, these analysts are ordinary people with normal jobs. If they are wrong in their decision on a particular stock, then there is a very real risk of losing … Read more
Carey Hart, husband of singer Pink, shared an update with fans following his recent meniscus surgery. The off-road truck driver and motocross enthusiast posted a photo from his hospital bed on Wednesday, thanking Dr. Al-Atrash for the “tune-up” and captioned it, “Cleaning the right meniscus going down.” Later, Curry shared a snapshot of his recovery … Read more
A group of Republican-led states has thrown another wrench in the Biden administration’s attempts to reform the federal student loan system. On Thursday, a federal court in Georgia temporarily blocked President Biden’s latest effort to broadly forgive student loans, which was slated to cancel an estimated $150 billion of student loan debt starting as early … Read more
To avoid bias in customer-facing banking applications, the Hong Kong Monetary Authority (HKMA) issued new generative artificial intelligence (GenAI) guidelines as more banks adopt such technologies. In a mid-August notice, the territory’s de facto central bank said financial institution boards and senior management should “remain accountable for all the GenAI-driven decisions and processes.” Banks seeking … Read more
The new Big Brother 26 head of household, T’Kor Clottey, takes an uncharacteristically passive approach to nominations, relying heavily on the opinions of others. As a result, Makensy Manbeck’s name is frequently mentioned. Plus, a strange development occurs when Tucker Des Lauriers volunteers himself as a pawn, a suggestion he later regrets. Rubina Bernabe also … Read more