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Here Is the 1 Unstoppable $70 Billion Growth Machine I Keep Buying Hand Over Fist
24/7 Wall St.55d agobullish
Here Is the 1 Unstoppable $70 Billion Growth Machine I Keep Buying Hand Over Fist

I keep buying Amazon (NASDAQ:AMZN) and I am not going to apologize for it. The stock is down 6.86% over the past month while CNBC anchors argue about June inflation prints, and every time my brokerage screen flashes red I add a few more shares. This is a position I have been compounding into because ... Here Is the 1 Unstoppable $70 Billion Growth Machine I Keep Buying Hand Over Fist

Who Is The World’s Second Richest Person?
24/7 Wall St.55d agoneutral
Who Is The World’s Second Richest Person?

After SpaceX’s (NASDAQ: SPCX) IPO, Elon Musk’s net worth rose to $1.27 billion, making him the first trillionaire in world history (at least as far as most people know, based on inflation-adjusted dollars). His net worth has risen to $653 billion this year. That increase alone is larger than the net worth of the second-richest ... Who Is The World’s Second Richest Person?

Treasury Yields Ease as Markets Await Iran Deal Details, Fed
Barrons.com55d agoneutral
Treasury Yields Ease as Markets Await Iran Deal Details, Fed

Demand for Treasuries picks up, sending yields lower, as details of the announced peace deal with Iran remain unclear and the first two-day Fed meeting with Warsh as chairman starts. Oil prices fall nearly 5% and the WSJ Dollar Index is flat.

Clorox’s 5.5% Yield Is a Safe-Haven Sending Retirees Sprinting Back to This 51-Year Dividend Aristocrat
24/7 Wall St.55d agoneutral
Clorox’s 5.5% Yield Is a Safe-Haven Sending Retirees Sprinting Back to This 51-Year Dividend Aristocrat

Few consumer staples have been treated as roughly by the higher-for-longer rate regime as Clorox (NYSE:CLX). The stock sits down 18.6% over the past year, pushing the yield to a level rarely seen for a household-name aristocrat. With Goldman Sachs (NYSE:GS) projecting the Fed to cut another 50 basis points to 3-3.25% in 2026, income ... Clorox’s 5.5% Yield Is a Safe-Haven Sending Retirees Sprinting Back to This 51-Year Dividend Aristocrat

Oil drops below $80 on US-Iran deal
AFP55d agobearish
Oil drops below $80 on US-Iran deal

Oil prices dropped below $80 a barrel Tuesday on optimism over the promised reopening of the Strait of Hormuz, easing inflation pressures on global economies even though traders are eyeing the risk of Iranian "service fees" on ships transiting the strait.Oil hit a three-month low as Brent North Sea crude, the international benchmark, dropped 4.0 percent to $79.87 a barrel, dipping below $80 for the first time since early March, before edging back up to $80.52.

Long Bonds Just Lost Money for a Sixth Straight Year, And One Quiet ETF Is Engineered for the Reversal
24/7 Wall St.55d agoneutral
Long Bonds Just Lost Money for a Sixth Straight Year, And One Quiet ETF Is Engineered for the Reversal

Prior to the start of the Iran War, President Donald Trump had been feuding with Jerome Powell about cutting interest rates. Despite tremendous capital inflows from tariffs, record-low inflation, and a revived business climate due to cutting bureaucratic Biden-era restrictions, Powell stubbornly refused to cut rates. Kevin Warsh took the Fed chair oath on ... Long Bonds Just Lost Money for a Sixth Straight Year, And One Quiet ETF Is Engineered for the Reversal