Share to Twitter Share to Linkedin Another Roundup verdict is in, and once again, bizarre new tax rules make the IRS the biggest winner. This time, a Northern California jury found that Monsanto failed to warn users that Roundup was dangerous, awarding Alva and Alberta Pilliod $55 million in compensatory damages and a whopping $2 billion in punitive damages. Alva and Alberta Pilliod used Roundup on their San Francisco Bay Area property for 35 years. They were both diagnosed with non-Hodgkin lymphoma, but are currently in remission. This is the largest jury award in the U.S. so far this year, and the eighth-largest ever in a product-defect claim, according to Bloomberg . Last year, jurors gave $289 million to a man they say got cancer from Monsanto's Roundup . That verdict was later reduced, and is on appeal. I n early 2019, jurors awarded Edwin Hardeman $200,000 for economic losses, $5 million for past and future pain and suffering, and $75 million in … [Read more...] about Taxes Slash $2 Billion Roundup Weedkiller Verdict To $27.5 Million
Halo infinite 500 million
Between 1928 and 2021, the S&P 500 generated positive returns during 62 calendar years. In other words, the broad market gained ground about two years out of every three. Those aren't bad odds for investors. But over the same time period, the S&P 500 also generated a total return of approximately 10% per year. Thus, while your holdings may go up or down in any given year, your odds of generating a profit with a diversified portfolio improve as your investing time frame gets longer. That illustrates the importance of a buy-and-hold mindset. Rather than trying to time the market, focus on investing in high-quality stocks for the long haul. For instance, Airbnb ( NASDAQ:ABNB ) and MercadoLibre ( NASDAQ:MELI ) are growing quickly, and both could make you richer over the next decade . Image source: Airbnb. The case for Airbnb The pandemic has significantly altered the course of numerous industries -- few of them more than travel and tourism. Far more … [Read more...] about Want to Get Richer? 2 Unstoppable Stocks to Buy Now and Hold for the Next Decade
Share to Twitter Share to Linkedin Key Takeaways: Apple, Microsoft, Tesla, and the Fed Will Test Investors Resolve this Week Netflix Pushes the Nasdaq Deeper into Correction Territory and Weighs on the S&P 500 A Flight to Quality Doesn’t Have To Be for Large- and Mega-Caps Only Equity index futures are pointing lower once again after the S&P 500 (SPX) fell below its 200-day moving average last Friday. On Sunday evening, the S&P 500 futures had turned positive and looked to rally. However, the futures turned once again overnight and were trading 0.85% lower on in premarket trading. The benchmark index may be heading towards its September 2021 lows near 4300 level for support. The Cboe Market Volatility Index (VIX) has spiked higher and is near 31 suggesting that investors’ nervousness continues to rise. This could be a big week for stocks with heavy hitters like Apple (AAPL), Microsoft (MSFT), and Tesla (TSLA) reporting. Additionally, … [Read more...] about Earnings From Apple, Microsoft, And Tesla Could Provide Insights Into Investor Conviction
Banks launched a digital bank statement (dStatement) service yesterday to offer greater convenience to customers. The initiative is a collaboration between the Bank of Thailand (BoT), 11 financial institutions under the Thai Bankers' Association (TBA) and Government Financial Institutions Association (GFA). The service is a financial information exchange for sending and receiving bank statement data directly between banks in a machine-readable digital format. The service allows customers who need to submit bank statements as supporting documents to request and send their bank statement data directly from one bank to another using their own mobile banking apps or via other channels. Initially the service will be provided by six banks and five more banks will offer the service at a later date during the first half of this year. Ronadol Numnonda, BoT deputy governor for financial institutions stability, said the dStatement service is significantly more efficient than the … [Read more...] about Digital bank statements get underway
The National Innovation Agency (NIA) has vowed to continue working with 40 universities nationwide to promote entrepreneurism and encourage local businesses and start-ups. Pun-arj Chairatana, executive director of the NIA, said the Startup Thailand League programme has engaged more than 70,000 students from public and private universities over the past five years. About 1,350 teams have received funding to develop innovative products with 50 resulting companies now generating a yearly income of 500 million combined, Mr Pun-arj said. With this success rate, he said the NIA will continue collaborating with the universities to encourage students to develop innovations and provide the support and resources they need to launch their own start-ups with the Startup Thailand League programme. The programme is made up of two core elements -- a Coaching Camp to teach the fundamentals of development and innovation in the startup sector and Pitching Startup Thailand League in which the … [Read more...] about NIA to stick with uni startup scheme
Headlines for the electric vehicle market are typically dominated by market leader Tesla . However, as environmental, social, and corporate governance (ESG) standards become more commonplace within corporations, Tesla may begin to experience some competition from traditional automakers. In 2021, Ford ( NYSE:F ) outlined its ambitions to supercharge its business beyond its legacy gas-powered trucks. Over the last 12 months, Ford's stock has risen over 140%. Let's dig in and see if this surge was warranted and if now is a good time to invest in the company. Current state of the market Despite the amount of attention electric vehicles garner, the current market size is small. The market is bifurcated into all-electric options such as Tesla, and hybrid electric vehicles, which include electric motors and an internal combustion engine. According to LMC Automotive, sales of electric vehicles, including plug-in hybrids, are forecasted to be less than 4% of U.S. sales in 2021. … [Read more...] about After a Terrific 2021 Performance, Ford Is Set Up to Continue Supercharging Its Business
Share to Twitter Share to Linkedin It’s out with the old power and in with the new power at BMW, with the sophistication of battery-electric power and emissions rules killing off the classic V12 engine. BMW has confirmed the massive 6.6-liter V12 twin-turbo engine is in its final year after more than 30 years as the unchallenged pinnacle of luxury and affluence within the brand. The V12 has been surpassed by pure EV powertrains as the symbol of luxury at BMW, and the engine will quietly die this year, but not before BMW delivers its The Final V12 batch of 12 760 xDrive V12 limousines this year. The road-going 5.0-litre V12 began production in 1987 in the M70, with just two valves per cylinder and single overhead camshafts, and will end production as the current 7-Series is phased out this year. Gas-guzzler taxes and prices, along with the rise of luxury EVs, have signaled the end of the profligate V12s, and the silent surgency of EVs have surpassed the … [Read more...] about BMW Starts Final Run Of V12 Combustion Engines For 7 Series
Share to Twitter Share to Linkedin Big data and analytics player Palantir’s stock (NYSE: PLTR) has already lost about 21% of its value year-to-date in 2022, underperforming the S&P 500 which is down by about 6%. The stock also remains down by almost 45% from its November 2021 highs. While high-growth software stocks have seen a sell-off, due to the prospect of rising interest rates and the broader market rotation out of pandemic winners into real economy sectors, there are some stock-specific factors that are impacting Palantir, as well. For example, investors are likely a bit concerned about the slower growth at the company’s government business over Q3 2021 and also due to its growing dependence on the U.S. market for commercial revenue growth. However, we think that Palantir stock looks like a good pick at its current market price of about $15 per share. Despite the recent concerns, Palantir’s overall growth rate is likely to remain solid. Sales are on … [Read more...] about Down 45% Since November, Is Palantir Stock A Buy?
Share to Twitter Share to Linkedin Let’s Peek Into the Metaverse As we all know, Facebook has rebranded to Meta and doubled down on all things digital reality. The new name “Meta” is a nod to the term metaverse, which is what tech folks are calling this new genre of digital environments. There are really infinite possibilities around where the metaverse can go, but in its current form, you can explore the metaverse not too dissimilarly from how you might explore this universe: you can buy a house in the metaverse, you can shop, you can see Justin Bieber live in concert. Facebook didn’t invent the metaverse, and they aren’t the only player in the space, but they have raised the profile of conversations around digital reality. As people have taken the metaverse more seriously, they’ve wondered how to get in on the action— and the current craze is digital real estate. Here’s how it works: there are virtual words popping up— the most well-known right now is … [Read more...] about Should You Invest In Metaverse ‘Real’ Estate?
Image source: The Motley Fool. NIO Inc. ( NYSE:NIO ) Nov 09, 2021 , 8:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Hello, ladies and gentlemen. Thank you for standing by for NIO Incorporated third quarter 2021 earnings conference call. [Operator instructions] I will now turn the call over to your host, Ms. Eve Tang from Capital Markets and Investor Relations. Please go ahead, Eve. Eve Tang -- Investor Relations Good morning and good evening, everyone. Welcome to NIO's third quarter 2021 earnings conference call. The company's financial and operating results were published in the press release earlier today and are posted at the company's IR website. On today's call, we have Mr. William Li, founder, chairman of the board, and chief executive officer; Mr. Steven Feng, chief financial officer; and Mr. Stanley Qu, senior vice president of finance. Before we continue, please be kindly … [Read more...] about NIO Inc. (NIO) Q3 2021 Earnings Call Transcript