Passengers queue at a flight connection desk at the Dubai International Airport in Dubai on April 17, 2024. Afp | Getty Images The CEO of Dubai Airports said Friday that he expects services to return “close to normality” within 24 hours after the major transit hub was hit by unprecedented flooding. The United Arab Emirates […]
Enterprise Product Partners (NYSE: EPD) is one of the largest midstream companies in North America, with an integrated system that transports natural gas, natural gas liquids (NGLs), crude oil, and refined products. The stock has several qualities that make it attractive. Let’s look at three reasons investors should consider piling into the pipeline giant. 1. […]
Super Micro Computer (NASDAQ: SMCI), more commonly known as Supermicro, saw its shares skyrocket by 2,380% over the past three years. The server maker was also added to the S&P 500 this March and has a market cap of $57 billion. Yet Supermicro is still less valuable than its rival Dell Technologies (NYSE: DELL), which […]
The artificial intelligence (AI) gold rush is in full swing. The technology-heavy Nasdaq Composite advanced 31% over the past year as investors piled into the market, hoping to strike it rich. Sentiment is still running hot, but it’s important to be choosy when buying stocks. Not every company will be a long-term winner, and not […]
If you are looking for big dividend yields, then a good place to start your search is the midstream segment of the energy sector. But don’t blindly buy the highest yielders — they can come with more risk than you expect. That’s why you should probably avoid Energy Transfer (NYSE: ET), which yields 8.1% at […]
After enduring one of its worst performances since 2008, the Nasdaq Composite has turned things around, gaining 50% since the beginning of last year. After such a sharp move higher, some investors wonder if much upside remains. Yet a review of the data suggests the current market rally still has room to run. Since the […]
(Bloomberg) — Markets remained on edge on Friday after an escalation of the tensions in the Middle East sent stocks tumbling around the world and stoked demand for haven assets including bonds and the dollar. Most Read from Bloomberg Gains for Treasuries drove the 10-year yield as much as 14 basis points lower after Israel […]
As one of the richest people in the world, it can pay to track Bill Gates’ portfolio. The biggest position currently in the Bill & Melinda Gates Foundation Trust is, unsurprisingly, Microsoft, representing a stake worth roughly $14 billion. His second-largest position, however, worth around $7.1 billion, is a much different kind of business. It’s […]
By Elizabeth Howcroft LONDON (Reuters) – Bitcoin enthusiasts were eagerly waiting for bitcoin’s ‘halving’ on Friday – a change to the cryptocurrency’s underlying technology designed to cut the rate at which new bitcoins are created. The halving, which happens roughly every four years, was written into Bitcoin’s code at its inception by pseudonymous creator Satoshi […]
Alef Aeronautics wants to start delivering its $300,000 Model A flying car to customers by 2025. Source: Alef Aeronautics What if flying around in an electric vehicle is a key part of the way you travel in the future? That’s what dozens of companies around the world are betting on. EVTOLs, or electric vertical take-off […]
An Iranian flag is pictured near in a missile during a military drill, with the participation of Iran’s Air Defense units, Iran October 19, 2020. WANA News Agency| Reuters Israel launched a limited direct military attack on Iranian soil early Friday morning, marking the latest escalation in a series of back-and-forth strikes between the two […]
Israel launched a limited direct military attack on Iranian soil early Friday morning, marking the latest escalation in a series of back-and-forth strikes between the two foes, a source familiar with the situation told NBC News. Iranian state media outlets reported explosions in the central Iranian city of Isfahan, but officials in the country have […]
