iPhone Escapes Q2 Smartphone Slump—3 Reasons Why Apple Will Hit $3T

iPhone sales dropped by 0.4% year-over-year, while Samsung, Huawei, and other top brands recorded 5.8% to 27.8% drops. A stock split, expectations of a “supercycle,” and thriving iPhone sales could raise the chances of Apple reaching $3 trillion. The more affordable iPhone SE sees growing popularity in Asia, buoying investor sentiment around Apple. The global …

Ford Stock Sucks – But It Just Became Conspicuously Less Awful

Ford stock has historically been a terrible investment. Shares have dramatically underperformed the market over the last decade. While Ford’s business is struggling, things could be set to change. Jim Hackett, Ford’s money-losing CEO, finally announced his retirement. Imagine buying a share of Ford Motor Company stock (NYSE: F) ten years ago for $12.91 and …

Here’s Why Exxon Should Slash Its Giant Dividend

Investors love energy stocks because of their large, reliable dividends–but it’s a new day. Exxon is losing boatloads of money because of historically low oil prices in the second quarter, and it’s time for investors to tighten their belts. The oil and gas industry needs to slash its excessively large dividend payments instead of brutally …

This Is Why Carnvial Cruise Is Drifting Dangerously Close to Bankruptcy

Carnival Cruise has pushed back its restart date as the pandemic intensifies. The company’s debt load and cash burn are spiraling out of control. Bankruptcy is on the table for this embattled cruise operator. Shareholders could get wiped out. Carnival Corporation (NYSE: CCL) could be on the road to bankruptcy. This week, the company revealed …

Warren Buffett’s Tech Stock Phobia Is Making His Billionaire Ranking Crater

Warren Buffett’s billionaire ranking is under threat from tech billionaires. Ex-Microsoft CEO Steve Ballmer is the latest to eclipse Buffett in net worth. Berkshire Hathaway is underperforming the broader stock market, a repeat of last year. Not that long ago, Warren Buffett regularly ranked among the world’s top three billionaires. But that’s changed, and the …

Jeff Bezos Deserves Our Praise

Amazon just announced its new NHL Seattle arena will be named Climate Pledge Arena. The arena will be the first “net-zero carbon arena” in the world. Jeff Bezos is spearheading multiple projects that could have a massive environmental impact. Stop hating him because he’s rich. Jeff Bezos is far from perfect. But he’s far from …