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Business, Economy

“Are You Richer Than Your Peers? The Net Worth Needed To Be In The Top 10% Of Your Age”

“The net worth required varies significantly by age group, with older Americans generally having more time to accumulate wealth: • 18-29: $281,550 • 30-39: $711,400 • 40-49: $1,313,700 • 50-59: $2,629,060 • 60-69: $3,007,400 • 70+: $2,862,000 …” https://finance.yahoo.com/news/richer-peers-net-worth-needed-200324549.html

Business

“Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest People”

“…his social media company Trump Media & Technology Group wrapped up a 29-month-long merger process, meaning shares worth billions of dollars on paper are now officially Trump’s. All told, his net worth increased by more than $4 billion. That means… Continue Reading…

Business

“TSMC third-quarter profit to slide 30%, focus on how much growth to come”

“…The likely decline in profit also reflects a strong performance last year, when the company was still riding high on pent-up post-pandemic demand. The world’s largest contract chipmaker is set to report net profit of T$195.9 billion ($6 billion) for… Continue Reading…

Business

“CPKC’s Q2 net income rises above $1B”

“”…Revenues for the second quarter were nearly CA$3.2 billion (US$2.4 billion), up 44% year over year (y/y), CPKC said Thursday afternoon. The y/y figure reflects CP’s results in the second quarter of 2022. Canadian Pacific and Kansas City Southern completed their merger… Continue Reading…

Personal Finance

“We paid off $250,000 in debt and grew our net worth to $800,000: Here’s our best advice”

“We really began to change our money mindset when we realized that time is more valuable than any single monetary amount, and that we didn’t have to only earn money through our 9-to-5 careers. I started to see passive income as wealth that… Continue Reading…

Business

“Tesla posts record net income of $438 million, revenue surges by 74%”

“Tesla reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 3% after hours as investors digested the numbers. Here’s how the company… Continue Reading…

Business

“Comcast nets record high-speed internet adds, has nearly 22 million Peacock sign-ups”

“Comcast on Thursday reported third-quarter earnings that beat analyst estimates on the top and bottom lines… Here are the key numbers: Earnings per share: 65 cents, adjusted vs.52 cents expected, according to Refinitiv survey of analysts Revenue: $25.53 billion vs. $24.74 billion expected,… Continue Reading…

Stocks

“A Tale of 3 IPO Stocks; 2 to Buy and 1 to Avoid”

“Sumo Logic (SUMO)… In its short time on the public markets, SUMO has garnered 5 Buy reviews and 3 Holds, making the analyst consensus rating a Moderate Buy. The stock is priced at $22.19; it has an average price target of… Continue Reading…