In a market full of wild valuations, Bill Gates holds these stocks for the stable income growth Having sold most of his shares in Microsoft, Bill Gates doesn’t stand to gain nearly as much from the company’s market-topping Q2 as some of the other big shareholders. But it’s safe to say that both Gates and his well-known charity will be just fine. Gates is still worth more than $135 billion, according to Forbes, while the Bill & Melinda Gates Foundation Trust remains loaded with winning… Source link
Read More »Russia’s Yandex upgrades revenue outlook, Q3 adj. net income drops on investments
MOSCOW, Oct 27 (Reuters) – Russian internet giant Yandex on Wednesday reported an 82% year-on-year drop in third-quarter adjusted net income, in part due to investments in e-commerce, but raised its 2021 group revenue forecast to 340-350 billion roubles ($4.84-$5 billion). Yandex, which is spending $650 million on an e-commerce drive this year, said gross merchandise volume (GMV) for its e-commerce businesses jumped 214% year-on-year to 41 billion roubles. Adjusted net income fell to 1.34… Source link
Read More »Bill Gates is hanging on to these stocks for steady income — you can too
Bill Gates is hanging on to these stocks for steady income — you can too In a world of historically low interest rates, investors would be wise to look out for dividend stocks offering solid — but stable — dividend yields. Healthy dividend stocks have the potential to: Offer a plump income stream in both good times and bad times. Provide much-needed diversification to growth-oriented portfolios. Outperform the S&P 500 over the long haul. Today, let’s take a look at three dividend plays… Source link
Read More »Cryptocurrencies are a durable asset class with real upside: BlackRock fixed income CIO
Count Rick Rieder, BlackRock’s chief investment officer of global fixed income, as a believer in cryptocurrencies. “I think it could have some real upside. My sense is there are more buyers than sellers. It’s an asset class that I think is durable,” Rieder said on Yahoo Finance Live. Rieder revealed he owns “small pieces” of crypto in several of his bigger portfolios, and compares the positions to owning stakes in venture capital firms. “Quite frankly, I am glad I do [own crypto]. This… Source link
Read More »Warren Buffett is hanging on to these stocks for stable income — you could too
Warren Buffett is hanging on to these stocks for stable income — you could too In a world of historically low interest rates, investors would be wise to look out for dividend stocks offering attractive — but stable — dividend yields. High-yield dividend stocks have the potential to Offer a plump income stream in both good times and bad times. Provide much-needed diversification to growth-oriented portfolios. Outperform the S&P 500 over the long haul. Of course, there’s no better place for… Source link
Read More »97% of small-business owners won’t face income tax increase under Biden tax plan
WASHINGTON, DC – AUGUST 18: U.S. President Joe Biden delivers remarks on the COVID-19 response and the vaccination program. (Photo by Anna Moneymaker/Getty Images) Ninety-seven percent of small-business owners will not face an income tax increase if President Biden’s tax plan becomes law, according to new analysis released by the Treasury Department on Thursday. Biden is seeking to raise taxes on corporations and the wealthiest Americans to help fund a $3.5 trillion plan that would include… Source link
Read More »61% of U.S. households paid no federal income tax last year
The majority of U.S. households paid no federal income taxes in 2020, a spike driven by the pandemic-induced economic downturn and multiple rounds of tax-based assistance. The trend is likely to continue in 2021. Nearly 107 million households — or 61% of U.S. households — owed no federal income taxes in 2020, according to estimates by The Tax Policy Center, marking a 40% increase from 2019 when 43.6% of households didn’t pay taxes. “Even though those numbers are very dramatic, they are… Source link
Read More »Russia’s Yandex says Q2 adj. net income up 34% y/y, upgrades revenue outlook | The Mighty 790 KFGO
MOSCOW (Reuters) – Russian internet giant Yandex on Wednesday reported a 34% rise in second-quarter adjusted net income compared with a year ago and raised its 2021 group revenue forecast to between 330 and 340 billion roubles ($4.49-$4.63 billion). Yandex, which is spending $400-500 million on an e-commerce drive this year to tap into surging demand for online services during the pandemic, said gross merchandise volumes for its e-commerce businesses jumped 155% to 35.1 billion roubles… Source link
Read More »Stimulus checks are opening the door to universal basic income
Billionaire bond investor Jeffrey Gundlach believes stimulus checks are distorting the labor market. The founder and CEO of $135 billion DoubleLine Capital added his thoughts to a vigorous debate over the brewing labor shortage that’s causing a mismatch between surging demand, and companies desperate to hire. “We have this strange thing of 8 million job openings, and everywhere you go…people are saying, ‘I can’t fill them. No one will take them,'” Gundlach told Yahoo Finance in an… Source link
Read More »A $1000 bet on Dogecoin to start 2021 now tops the average US income
It took Amazon 13 years to deliver a 10,000% return to investors. It has now taken Dogecoin five months. The cryptocurrency (DOGE-USD) hit a new all-time high of $0.60 on Tuesday, pushing Dogecoin’s market cap north of $70 billion to become the fourth-most valued coin, according to Yahoo Finance’s data partner CoinMarketCap. That’s now larger than the market cap of Moderna, one of the companies shipping COVID-19 vaccines to save the world from the pandemic. That means a $1,000 bet placed on… Source link
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