Author: arthursheikin@gmail.com
[ad_1] A Miami boat brokerage alleges yacht buyers are being boxed in and priced up.In a new lawsuit, it accuses the Miami-based owner behind some of the leading online platforms for buying and selling boats and yachts of holding an illegal monopoly in the US marine vessel market.The proposed class action antitrust lawsuit, filed in a Florida federal court late last week by the local boat brokerage, alleges that Boats Group has engaged in strong-arm tactics to choke competition and has used its market power to jack up prices on brokers and dealers.Boats Group, which operates the platforms Boat Trader,…
[ad_1] Shopping for a new TV can be daunting, especially if you’re looking for an affordable display that doesn’t cut corners. Plenty of TVs cost under $500, but very few are truly worthwhile. To help you find the right balance between value and performance, I’ve put together a carefully vetted list of the four best TVs under $500. My picks range from 43 to 65 inches, so all spaces are accounted for.I’ve focused on selecting models that deliver the best performance available at each size while still meeting the price requirement. For instance, people who want a solid 65-inch TV…
[ad_1] Even as the market trades near record highs, dividend payers – particularly those that have lifted their payments – can bolster portfolios in rocky times. The S & P 500 touched a fresh all-time high on Friday, and it has surged 9.6% in 2025. The broad market index is up more than 30% from its April low, back when the Trump administration announced a slate of tariffs that rattled investors. Dividend-paying stocks can offer investors some measure of safety from these jolts, though. “In periods of elevated risks and valuations, dividends become [a] more important part of investors’ total…
[ad_1] Billionaire investor Stanley Druckenmiller ‘s top three biggest holdings at the end of June were all health-care stocks and he also invested back into one of his favorite artificial intelligence plays, Microsoft , according to a regulatory filing. The former lead portfolio manager for George Soros’ Quantum Fund, who now runs his own Duquesne Family Office, hiked his stakes in Teva Pharmaceutical and biopharmaceutical company Insmed last quarter, making them his fund’s second- and third-largest holdings, the filing showed. Clinical genetic testing company Natera remained Druckenmiller’s top bet, worth more than half a billion at the end of June.…
[ad_1] Texas attorney general Ken Paxton has launched an investigation into both Meta AI Studio and Character.AI for “potentially engaging in deceptive trade practices and misleadingly marketing themselves as mental health tools,” according to a press release issued Monday. “In today’s digital age, we must continue to fight to protect Texas kids from deceptive and exploitative technology,” Paxton is quoted as saying. “By posing as sources of emotional support, AI platforms can mislead vulnerable users, especially children, into believing they’re receiving legitimate mental health care. In reality, they’re often being fed recycled, generic responses engineered to align with harvested personal…
[ad_1] CVS Health (CVS) has a bullish turnaround underway after a three-year bear market cycle culminated in a shakeout of “weak” holders in December. Shakeouts are usually associated with investor capitulation, leaving major lows in their wake. Long-term momentum shifted meaningfully behind CVS in March, when the monthly MACD confirmed its first “buy” signal since September 2019. The turnaround phase comes within the context of a secular trading range that has had a hold since 2015. [Chart: CVS Health Corp. (CVS): Weekly Bar Chart + Cloud Model + Relative Strength vs. SPX] CVS broke out above resistance from the weekly…
[ad_1] A new Tesla variant is coming around the corner.On Monday, Tesla posted a video of the upcoming Model Y L to its account on Weibo, a Chinese social media platform. Translated from Chinese, the post said that the vehicle was “coming soon.”The video shows three rows of seats, the back two of which fold forward. A screenshot from Tesla’s “Model Y L” teaser video posted to Weibo. Weibo/Tesla The middle row of the vehicle features two stand-alone “captain chairs,” which also appear to have new powered armrests that rise up. While the captain chairs in the Model X only…
[ad_1] Coinbase CEO Brian Armstrong said he looked to the Gipper when he was considering the future of his crypto exchange in 2020.When he was thinking through how to explain to Coinbase’s employees the company’s controversial decision to ban political discussion amid nationwide unrest following the killing of George Floyd, Armstrong said he took inspiration from President Ronald Reagan’s famous decision in 1981 to fire more than 11,000 striking air traffic controllers “I watched a couple of speeches, actually, in the run-up to that, which gave me a little bit of confidence,” Armstrong recently told Jack Altman during an episode…
[ad_1] Second-quarter earnings season is coming to a close, and Goldman Sachs said that companies’ performance this time is one of the best ever. Of the 92% S & P 500 companies that have reported, 60% have beaten consensus earnings per share forecasts by more than a standard deviation of analyst estimates, according to data from the firm. That signifies the “highest rate in our 25 years of data history outside of 2009 and the COVID reopening,” it found. “With the 2Q 2025 earnings season nearly complete, the quarter has been marked by one of the greatest frequency of earnings…
[ad_1] Moving was nothing new for my wife and me, who have lived in many places together.We met in Southern California and spent years living around the East Coast. Each of our three kids was born in a different state.By fall of 2020, my wife was looking to relocate to someplace where she could practice medicine in an indigenous community. Her primary targets were Alaska, Four Corners, and Hawaii, all of which desperately needed doctors — especially during the pandemic.Yet when she announced that she’d actually landed an offer to work at a hospital in Hawaii, I had mixed feelings.…