TipRanks 2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’ Let’s talk about defending your portfolio. It’s a common impulse for most investors, when the economy starts to turn sour. We’re in a growth phase now, with economic activity rebounding strongly from the corona-crisis shutdowns, and with reopening getting into full stride, economists are predicting up to 8% GDP expansion this year. But there are clouds on the horizon. Inflation is rising, and the April jobs report was,… Source link

Let’s just say that investors really, really, REALLY love that Bed Bath & Beyond (BBBY) introduced three new, high margin private label brands on Wednesday.  Shares of the home goods retailer exploded by as much as 50% in afternoon trading as retail traders returned to old friend Bed Bath & Beyond (and meme trades such as AMC and BlackBerry) amid its positive product news. The company said it will debut the three new home brands —Our Table, Wild Sage and Squared Away — in the coming… Source link

Google is releasing a broad core algorithm update today on June 2, 2021. This will be followed by another core update in July. Google originally intended to pack more into today’s update, but couldn’t get everything ready in time. That’s the reason for releasing two core updates one month after another. It’s exceedingly rare for Google to roll out separate updates so close together. However, the company says most sites are unlikely to notice the impact of either of them. We’ll see… Source link

Mike Krzyzewski’s legendary coaching career is nearing its end. Duke announced Wednesday evening that its longtime men’s basketball coach will retire following the 2021-22 season, confirming an earlier report from Stadium’s Jeff Goodman. The school also confirmed that former Duke player and associate head coach Jon Scheyer will succeed Krzyzewski after his retirement. “My family and I view today as a celebration,” Krzyzewski said in a statement. “Our time at both West Point and Duke has… Source link

Google’s search engine is one of the wonders of the technological world. Think about it–the way we use the internet and access information would be dramatically different if we had to manually visit websites one at a time and sift through content to find information. Most of the time, most of us wouldn’t even know where to start. Instead, in a fraction of a second, you can type in a query and Google will give you a list of results–in a ranked order–that it thinks are a match for what… Source link

The lawmakers called a racial equity audit “long overdue,” but said it would only amount to an initial step — Google must also increase efforts to hire a diverse workforce and continually evaluate its policies and products for potential discriminatory harms, they wrote. Google spokespeople did not immediately respond to a request for comment. Civil rights in the spotlight: Google is the latest Silicon Valley behemoth to face pressure to examine its impact on individuals and… Source link

Polen Capital Management recently released its Q1 2021 Investor Letter, a copy of which you can download here. During the first quarter of 2021, the Polen Global Emerging Markets Growth Composite Portfolio returned 0.17% gross of fees, while the MSCI Emerging Markets Index was up 2.29%. You should check out Polen Capital’s top 5 stock picks for investors to buy right now, which could be the biggest winners of this year. In the Q1 2021 Investor Letter, the fund highlighted a few stocks and… Source link

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Cryptocurrencies posted inflows last week after hitting record outflows the previous two, as investors took advantage of price declines in the market, data from digital currency manager CoinShares showed late Tuesday. Inflows into crypto investment products and funds totaled $74 million last week. That followed record outflows of $151 million the previous two weeks, representing 0.3% of assets under management. Bitcoin products continued to see… Source link

Ally Financial (ALLY), having tested a banking model without overdraft fees, is making it permanent. The move applies to all types of accounts — including checking and savings — and there are no requirements or restrictions. In April 2020, Ally began to waive overdraft fees, citing coronavirus pandemic hardships many customers faced. On June 2 Ally said it’s eliminating those fees for good. “Overdraft fees are a pain point for many consumers but are particularly onerous for some. It is… Source link

The former CEO of Google Eric Schmidt has purchased a swanky Los Angeles estate. He picked up the historic home for $61.5 million, Dirt reported, while noting that the prodigious price marks it as the second-highest priced sale in the state this year. The mansion was listed in 2020 for $75 million, so the multibillionaire was able to score a deal. A discounted price doesn’t discount the home’s storied history. The manor was built by the celebrated Black… Source link