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6 Reasons To Avoid Exxon Mobil (XOM) Stock Right Now
24/7 Wall Street· 2023-12-30 10:10
6 Reasons To Avoid Exxon Mobil (XOM) Stock Right Now zodebala / Getty Images From its beginnings as the Vacuum Oil Company founded in 1866 to the Standard Oil Company started by John D. Rockefeller in 1870, over the last 140 years, the company grew from a regional seller of kerosene to one of the largest publicly traded oil and gas and petrochemical companies in the world.Operating worldwide as Exxon Mobil Corporation (NYSE: XOM) and Esso, the company develops next-generation technologies to help meet ene ...
Apple Is the American Company People Quit the Fastest
24/7 Wall Street· 2023-12-29 06:25
Apple Is the American Company People Quit the Fastest SDI Productions / Getty Images What’s wrong with Apple Inc. (NASDAQ: AAPL) that people quit their jobs faster than at any other large American company? From the outside, it is one of the most successful public corporations in U.S. history. It is the most valuable brand in the world. It is known for its remarkable innovations. A job at Apple has likely been lucrative for any employee with stock options. Yet, according to a new piece of research, the med ...
5 Reasons to Avoid Procter & Gamble (PG) Without Hesitation
24/7 Wall Street· 2023-12-28 10:51
5 Reasons to Avoid Procter & Gamble (PG) Without Hesitation Justin Sullivan / Getty Images Founded in 1837 by William Proctor and James Gamble. The company grew fast during the 19th century, selling candles and soap, and by 1880, it began producing a new product with a high-quality yet inexpensive soap called Ivory.By 1859, the company posted $1 million in salesSource: Fotosearch / Archive Photos via Getty ImagesAfter leasing a building in Cincinnati in 1854, product sales continued to grow as the firm hi ...
NYTimes Sues Microsoft and OpenAI; SQM and Codelco Strike Lithium Deal
24/7 Wall Street· 2023-12-28 08:35
NYTimes Sues Microsoft and OpenAI; SQM and Codelco Strike Lithium Deal Olivier Le Moal / iStock via Getty Images When you read a book, newspaper story or magazine article and then discuss the work with someone else, have you violated copyright law? What if you happen to be a student and must write a 500-word essay on the material? And what about a chatbot that “reads” the same material and uses the knowledge to answer questions in exchange for payment?AI and copyrightSource: mbbirdy / Getty ImagesOn Wedne ...
Tesla Gets New Competition
24/7 Wall Street· 2023-12-28 06:55
Tesla Gets New Competition jurvetson / Flickr Tesla Inc. (NASDAQ: TSLA) has held the lead in global sales among electric vehicle (EV) companies, likely since it started selling cars in China in 2017. It already dominated the U.S. market, where its sales took off two years earlier. The United States and China are the two largest car markets in the world.Tesla has never had any meaningful competition in the United States. Several tiny car companies have launched, but none has sales traction. Large manufactu ...
5 Reasons To Avoid Visa (V) Stock Right Now
24/7 Wall Street· 2023-12-27 09:10
5 Reasons To Avoid Visa (V) Stock Right Now Thomas Cooper / Getty Images News via Getty Images Visa was founded in 1958Source: Justin Sullivan / Getty ImagesIn 1958, Bank of America Corporation (NYSE: BAC) launched Visa Inc. (NYSE: V), the first consumer credit card program in the U.S. While Diners Club was the world’s first multi-purpose credit card, the name tells you pretty much what it was relegated to.Bank of America started Visa to compete with MasterCardSource: hapabapa / iStock Editorial via Getty ...
Apple Could Hit $200 After Tough Run
24/7 Wall Street· 2023-12-27 07:50
Apple Could Hit $200 After Tough Run Mario Tama / Getty Images News via Getty Images After a surge that took Apple Inc. (NASDAQ: AAPL) shares up more than 50% in a year, the stock has traded less than flat in the past month while the market has risen. If Apple participated even modestly in a strong holiday sales season, its shares, at slightly above $190, should jump above $200 again.Some analysts think $200 is a low-side number. According to bullish analysts, Apple stock could hit $240 a share. Tip Ranks ...
The World's Fastest Tesla
24/7 Wall Street· 2023-12-26 08:03
The World's Fastest Tesla Courtesy of Tesla Most of the ten fastest cars in America are EVs. At least, that is what the auto media claim. Many speed tests involve how quickly a vehicle moves from a standing stop of 60 MPH. Five seconds is impressive. Four seconds means the car is among the fastest people can buy from a dealership. Under three seconds is insane. The fastest street-legal car people can buy in the US is the Tesla (NASDAQ: TSLA) Model S Plaid. According to the Tesla, “Model S Plaid has the qu ...
6 Dividend Stocks With Businesses Anyone Can Understand
24/7 Wall Street· 2023-12-25 08:50
6 Dividend Stocks With Businesses Anyone Can Understand relif / Getty Images Investors love dividend stocks because they provide dependable income and give investors a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the actual investment or portfolio return consists of dividend income and stock appreciation.One of the reasons Warren Buffett has been a successful investor for decades was his steadfast ...
6 Reasons to Avoid Johnson & Johnson (JNJ) At All Costs
24/7 Wall Street· 2023-12-24 10:26
6 Reasons to Avoid Johnson & Johnson (JNJ) At All Costs Michael Ciaglo / Getty Images News via Getty Images The Johnson brothers started Johnson & Johnson in 1886Source: JHVEPhoto / iStock Editorial via Getty ImagesThe iconic healthcare giant was started by Robert, James, and Edward Johnson in 1886 after they created a line of ready-to-use sterile surgical dressings. The company’s first factory was in New Brunswick, New Jersey.The company surged during World War 1Source: FPG / Archive Photos via Getty Ima ...