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Investors, stop us if you’ve heard this one before: Past performance is no guarantee of future results.It’s a good mantra to keep in mind. Just because a particular investment has gone up in the recent past doesn’t mean it will continue to increase in value. And if one segment of…
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Stanley Zhong isn’t your typical 18-year-old. He’s not your typical Google software engineer, either.Zhong graduated from Gunn High School in Palo Alto, California, earlier this year with a 4.42 weighted GPA, a 1590 SAT score and an e-signature startup called RabbitSign. He was also rejected or waitlisted from 16 out…
The clock is ticking for Congress to shore up Social Security benefits.The latest projections from Social Security’s actuaries show the program’s trust funds are due to run out in 2034, at which point 80% of benefits will be payable.If Congress does not act by 2034, the program may be faced…
Ellington Financial Inc. (NYSE:EFC) Q3 2023 Results Conference Call November 8, 2023 11:00 AM ET Company Participants Larry Penn – Chief Executive Officer Mark Tecotzky – Co-Chief Investment Officer JR Herlihy – Chief Financial Officer Conference Call Participants Crispin Love – Piper Sandler Trevor Cranston – JMP Securities Eric Hagen…
Shares of Eli Lilly (LLY) jumped Wednesday after the U.S. government gave the green light for the company’s blockbuster GLP-1 drug to be used as an obesity treatment. But the stock’s next big catalyst could likely come after a key competitor releases fresh trial data this weekend. In a widely…
Amazon (AMZN) said on Wednesday that it’s offering Prime members a discount on its new health-care service — another perk that should help bring more people into the online retailer’s ecosystem. The One Medical service, which typically costs $199 annually, will be available to Prime subscribers for $9 a month…
The SPAC craze was brutal to investors as most stocks going public via this path have been crushed. In a lot of cases, stocks like MoneyLion Inc. (NYSE:ML) have been crushed far beyond the actual results of the business. My investment thesis remains ultra Bullish on the fintech stock trading…
The Food and Drug Administration on Wednesday approved Eli Lilly’s blockbuster drug tirzepatide for weight loss, paving the way for even wider use of the treatment in the U.S. The active ingredient in the drug, tirzepatide, has already been approved for the treatment of Type 2 diabetes under the name Mounjaro…
LinkedIn offers tremendous networking opportunities. The site has more than 985 million members worldwide, according to its “about us” page. And many of those people — whether they are in your industry or not — likely have valuable work insights to share.So, how do you go about connecting with them,…