Robert Kiyosaki Says 'I Am $1.2 Billion in Debt and Use It to Invest,' While Dave Ramsey Urges 'Live Debt Free' — He Asks, 'Who Is Right?'
Yahoo Finance· 2025-09-18 14:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Billionaires usually brag about their wealth. Robert Kiyosaki brags about his debt. The Rich Dad Poor Dad author dropped a bomb on X when he wrote: "WHO IS RIGHT? My friend Dave Ramsey says ‘Live debt free.' I say ‘I use debt to invest. I am $1.2 billion in debt.' Again who is right?" It's the ultimate financial face-off: Dave Ramsey, America's loudest voice for a debt-free lifestyle, versus Robert Kiyosa ...
The Hanover Among TIME's World's Best Companies and Forbes' Best Insurance Companies
Prnewswire· 2025-09-18 14:01
Core Insights - The Hanover Insurance Group, Inc. has achieved national and global recognition by being included in TIME's list of the World's Best Companies for the third consecutive year [1] - The company has also been recognized as one of Forbes' America's Best Insurance Companies for the fifth year [1] Company Recognition - Hanover Insurance Group has been acknowledged for its performance and reputation in the insurance industry [1] - The consistent recognition over multiple years indicates the company's strong market position and customer trust [1]
Stock Market Today: Forget "Sell the News." Welcome Back, 4%
Yahoo Finance· 2025-09-18 14:01
As mentioned below, earnings from FedEx and Lennar are expected in short order and will be posted here once we have updates.So much for "sell the news," as analysts had once said. All four indexes set new record closes. Yes, even the Russell finally set a new high after years in the dust.The U.S. equity markets are now closed. The Russell 2000 (+2.41%) had an absolute power rally today, leaving every other major average in the dust on renewed excitement around rate cuts. Meanwhile, the Nasdaq (+0.94%), S&P ...
Behind NVDA & INTC Investment, RDDT All-Time High, BLSH Beats Earnings
Youtube· 2025-09-18 14:01
We're joined by Diane King Hall who's taking a look at the Intel Nvidia big story of the day and it's leading. >> Big story of the day. Yeah, it is.I mean, look, uh, investors already had momentum before this story. So, it just adds to further credence that we're going to continue to see big spending as it relates to the tech sector, right. You have to spend big to, you know, make big dollars here.And the idea is that this spending will offer a return. So, Nvidia making a $5 billion bet as it relates to Int ...
China Re announces leadership change as Chairman He Chunlei retires
ReinsuranceNe.ws· 2025-09-18 14:00
Group 1 - He Chunlei, chairman of China Reinsurance (Group) Corporation, will retire effective September 18, 2025, with the company expressing gratitude for his contributions during his tenure [2][3] - Zhuang Qianzhi, currently vice chairman and executive director, has been appointed as the new chairman of the Board, pending approval from the National Financial Regulatory Administration [3][4] - Zhuang will serve as the legal representative and active chairman starting September 18, 2025, until official approval is granted, with his term expiring at the conclusion of the fifth board session [4] Group 2 - Zhuang Qianzhi has extensive experience in the financial sector, having held senior roles at institutions such as China Construction Bank Corporation and China Jianyin Investment Ltd. [5] - Within China Re, Zhuang has served in various capacities including vice president, president, and chief risk officer, and has previously chaired subsidiaries [6] - Zhuang will step down as president on September 18, 2025, but will act as a provisional person-in-charge until a new president is appointed [6]
Quarterly Vs. Semiannual Reporting: Revisiting Trump's Controversial Proposal
Seeking Alpha· 2025-09-18 14:00
When I first saw President Trump’s suggestion to shift U.S. companies from quarterly to semiannual reporting, my immediate reaction was negative, and the first thought I had was, Why would I want less transparency and more risk as aI’m passionate about finance and investing, focusing on business analysis, fundamental analysis, valuation, and long-term growth, especially in sectors like AI, fintech, finance and tech. I study finance and economy and have hands-on experience in equity research, financial model ...
Better Quantum Computing Stock: IonQ vs. IBM
Yahoo Finance· 2025-09-18 14:00
Core Insights - IonQ is aggressively acquiring companies to enhance its technology and aims to lead in quantum computing-based internet development [1] - Since its IPO, IonQ's sales have nearly doubled annually, with projected revenue for 2025 between $82 million and $100 million, up from $43.1 million in 2024 [2] - IonQ's qubit technology, based on individual ions, allows operation at room temperature, contrasting with IBM's superconducting qubits that require cryogenic conditions [3][4] Company Performance - IonQ's operating loss in Q2 was $160.6 million, significantly higher than the $48.9 million loss from the previous year, raising concerns about long-term sustainability if costs continue to rise [6] - IonQ conducted a $1 billion secondary equity offering, resulting in cash and investments totaling $1.6 billion, which should support operations temporarily [7] Competitive Landscape - IBM's quantum computing technology is based on superconducting qubits, which are more mature and scalable due to compatibility with semiconductor manufacturing [8][9] - IBM's overall revenue increased by 8% year-over-year to $17 billion, with its generative AI business growing from $2 billion in 2024 to $7.5 billion [10] - IBM anticipates its free cash flow for 2025 to exceed $13.5 billion, indicating strong financial health to support its quantum computing initiatives [11] Future Outlook - IBM predicts achieving "quantum advantage" by the end of 2026, a milestone where quantum computers outperform classical ones in practical applications [12] - The transition to widespread commercial use of quantum computers may not occur until 2040, posing a risk for IonQ if it cannot manage its operating costs effectively [14] - IBM's consistent free cash flow and dividend payments make it a more stable investment compared to IonQ, which does not offer dividends [15]
David Tepper: I go back and forth on Nvidia
Youtube· 2025-09-18 14:00
update us on um China. There's not a day doesn't go by when we don't say the way president said China. Uh but update on your call on have we replaced security concerns with economic concerns.Is that the right thing to do. Do you have long-term worries as an American about about >> Well, I do. I mean, listen, I I I always it's what keeps my position from being too large because of um worried about different things that can be there.On the other hand, look, you you do have the same AI drivers there. You've ha ...
Silver Scott Mines (OTC: SILS) Releases Major Update in its Seedless Wallet Program Powered by Crossmint and Silver Scott Digital (SSD)
Accessnewswire· 2025-09-18 14:00
Core Insights - Silver Scott Mines, Inc. has announced a significant update to its Seedless Wallet Program, which focuses on cross-border payments and digital asset wallet solutions [1] - The program utilizes Crossmint's advanced wallet infrastructure along with SILS-backed tokenization to provide a modern alternative to traditional remittance services [1] Company Developments - The Seedless Wallet Program aims to enhance user experience by offering a seamless, secure, and user-friendly payment solution [1] - The collaboration with Crossmint indicates a strategic move to leverage industry-leading technology for improved service delivery [1]
Dongwu Cement (00695.HK) Undergoes Major Transformation with Suzhou State Capital Takeover, Forging a New Hong Kong-Suzhou Collaborative Blueprint for Emerging Industries
Globenewswire· 2025-09-18 14:00
Hong Kong, China, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Dongwu Cement International Limited (00695.HK), a Hong Kong-listed company, recently announced a significant change in its shareholding structure, marking the beginning of an unprecedented strategic transformation. Suzhou state-owned capital, through Port & Shipping Group (HK) Investment Co., Limited (Port & Shipping Group (HK) Investment) and Suzhou Fenyan Capital Management Co., Ltd. (Fenyan Capital), has strategically invested to acquire a controlling ...