Key Takeaways A 2025 study found that more than half of 401(k) plans from 2009 to 2013 offered consumers at least one investment fund option that shared revenue with the plan's administrator. Those plans had higher hidden costs, which can add up to thousands in lost value by the time you retire. Do you really know how your 401(k) plan is invested? If not, you might be putting your money in costlier mutual funds and not know it, new research suggests. Researchers analyzed the 1,000 largest 401(k) ...

Federal Reserve and Economic Outlook - Wall Street anticipates a quarter-point rate cut from the Federal Reserve, with a 7% chance of a larger 50-basis-point cut due to weak labor market data [3][4] - Fed Chairman Jay Powell is expected to maintain a moderate approach to easing, despite pressures for a more aggressive cut [4] - The potential for dissent among Fed members is highlighted, particularly from Governor Christopher Waller, who may advocate for a 50-basis-point cut [4][6] - The upcoming economic calendar includes August retail sales and housing data, which are crucial for assessing consumer spending trends [7][8] Corporate Earnings and Performance - The estimated year-over-year earnings growth rate for the S&P 500 is projected at 7.6%, marking the ninth consecutive quarter of earnings growth if realized [9] - FedEx is expected to report adjusted EPS of $3.67 on $21.71 billion in revenue, facing challenges such as stagnant B2B demand and pressures from U.S. trade policies [10] - Analysts suggest FedEx is undervalued at 13x earnings, with a potential upside of 30% if the valuation aligns with a more appropriate multiple of 16-17x [11] OpenAI and Microsoft Partnership - OpenAI anticipates a decrease in revenue sharing with Microsoft from 20% to about 8% by 2030, potentially adding over $50 billion in revenue for the AI startup [12] - The renegotiation of terms in their partnership could significantly impact OpenAI's financial outlook, as it seeks a valuation of approximately $500 billion in private markets [13] Dividend Stocks and Income Investment - A curated list of top dividend-paying stocks has been compiled, focusing on U.S. companies with strong ratings across safety, growth, yield, and consistency [15] - The top five dividend stocks include Alexandria Real Estate Equities, Bunge Global, Watsco, Bristol-Myers Squibb, and Amgen, all rated favorably by analysts [16]

Group 1 - OpenAI projects to reduce revenue sharing with commercial partners, specifically Microsoft, from 20% to 8% by the end of the decade, potentially retaining over $50 billion in additional revenue [1] - OpenAI and Microsoft are negotiating server rental costs, with a non-binding deal signed for new relationship terms that would allow OpenAI to transition into a for-profit entity [2] - OpenAI's nonprofit arm is expected to receive more than $100 billion, which represents about 20% of the $500 billion valuation it is pursuing in private markets, making it one of the most well-funded nonprofit operations globally [3]

Financial Performance & Growth - Fathom achieved a 24% revenue growth in 2024[9], with Q4 2024 revenue reaching $91.7 million compared to $74.1 million in Q4 2023[104] - The company experienced a 22% increase in transactions in Q4 2024 compared to Q4 2023[10] - Agent growth was also significant, with a 21% increase in Q4 2024 compared to Q4 2023[10] - Gross profit increased by 59% in Q4 2024, reaching $6.7 million compared to $4.2 million in Q4 2023 (excluding Dagley Insurance)[106] Strategic Initiatives - Fathom estimates $100 million in revenue and 12,000 transactions for 2025[10] - The company acquired My Home Group in November 2024, adding 2,200 agents and over 12,000 transactions completed in 2024[96] - Fathom projects over $100 million in revenue and $1.2 million in EBITDA for My Home Group in 2025, and over $130 million in revenue and $2.0 million in EBITDA for 2026[97] - Fathom's direct cost per transaction is $264, significantly lower than the industry average of $1,200 to $1,800[89] Agent Value Proposition - Fathom agents can earn $3,018 more income on just one sale compared to traditional brokerages, based on Fathom's Max Plan[32] - The company's revenue sharing program allows agents to earn additional income, with tiered earnings ranging from 5% to 35% based on the level of recruits[43]