Warren Buffett recently sold approximately $1.48 billion worth of Bank of America shares, marking his first sale since 2019. Buffett's decision may reflect cash management for succession planning, concerns over rising corporate taxes, and potential dissatisfaction with Bank of America's recent performance amidst significant unrealized losses. What does this mean for investors?

 

Today's Stocks & Topics: HSY - Hershey Co., Market Wrap, CAVA - CAVA Group Inc., I-R-A Money, Warren Buffett Sells $1.48B in BoA: Why Now?, FLTR - VanEck IG Floating Rate ETF, AOS - A.O. Smith Corp., U.S. Economy, S&P 500, TWLO - Twilio Inc. Cl A, Trading and Election News, UPS - United Parcel Service Inc. Cl B, COPX - Global X Copper Miners ETF, GDX - VanEck Gold Miners ETF, UFPI - UFP Industries Inc.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Major AI companies are facing a critical shortage of training data as websites restrict access and high-quality sources become scarce. This emerging crisis is impacting industry leaders like OpenAI and Google, who are exploring solutions such as million-dollar deals with publishers and the generation of synthetic data. The shortage of training data could significantly reshape the AI landscape by 2026, raising questions about the future of AI development and the ethical use of data.

 

Today's Stocks & Topics: UPS - United Parcel Service Inc. Cl B, Market Wrap, APTV - Aptiv PLC, ADRs vs. Buying Foreign Stocks, AI Data Crisis: Tech Giants Scramble for Solutions, TELL - Tellurian Inc., ANF - Abercrombie & Fitch Co., Hottest Job Market in a Generation Is Over, EL - Estee Lauder Cos. Cl A, Asset Allocation, SM - SM Energy Co., Corporate Carbon Credits, Investing in Other Markets, Target Audience: Xbox.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

The IRS has issued new guidance on early distributions from retirement plans, providing clarity on exceptions to the 10% additional tax for unforeseeable or emergency personal or family expenses and for survivors of domestic abuse. Understanding the key points of this updated guidance is crucial to ensure it aligns with your retirement goals and minimizes potential penalties.

 

Today's Stocks & Topics: MCD - McDonald's Corp., UNH - UnitedHealth Group Inc., PM - Philip Morris International Inc., Market Wrap, Retirement Plan Changes: What the IRS Update Means for You, AES - AES Corp., Utility Companies, AAPL - Apple Inc., FCC and Crypto Approval, S&P 500, NVDA - NVIDIA Corp., TSM - Taiwan Semiconductor Manufacturing Co. Ltd. ADR, GLD - SPDR Gold Shares, CELH - Celsius Holdings Inc., VVV - Valvoline Inc., GM - General Motors Co., Companies and Politics.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

CrowdStrike shares tumbled 13% following a global cyber outage caused by a glitchy software update. The incident affected 8.5 million Windows devices worldwide, disrupting various industries and raising concerns about the company's reputation and future contracts. As CrowdStrike faces potential challenges, rival Sentinel One sees a surge in stock value, signaling a potential shift in the cybersecurity landscape.

 

Today's Stocks & Topics: SBSW - Sibanye-Stillwater Ltd. ADR, Investing Funds, CVE - Cenovus Energy Inc., Market Wrap, OVV - Ovintiv Inc., CrowdStrike Stock Plummets 13% After Massive IT Outage, ANGPY - Anglo American Platinum Ltd. ADR, WM - Waste Management Inc., FSM - Fortuna Mining Corp., SGOV - iShares 0-3 Month Treasury Bond ETF, China, CRWD - CrowdStrike Holdings Inc. Cl A, OPRA - Opera Ltd. ADR, OPRA - Opera Ltd. ADR.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

In times of economic uncertainty, it's easy to fall into a scarcity mindset, where fear and worry about money can negatively impact your financial well-being. However, by shifting your mindset and adopting practical strategies, you can build financial resilience and weather any economic storm.

 

Today's Stocks & Topics: FAST - Fastenal Co., DPZ - Domino's Pizza Inc., Market Wrap, Traveling Investor, CRWD - CrowdStrike Holdings Inc. Cl A, Is a Scarcity Mindset Holding You Back Financially?, KBR - KBR Inc., Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline, Global Tech Outage, EXK - Endeavour Silver Corp., IBP - Installed Building Products Inc., WMS - Advanced Drainage Systems Inc., SPH - Suburban Propane Partners L.P., Small Caps.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

A major shift in the stock market is unfolding as small-cap stocks surge while the "Magnificent Seven" tech giants face a significant selloff. How will the recent market shakeup, triggered by cooler inflation data, affect your investment strategy?

 

Today's Stocks & Topics: ULS - UL Solutions Inc., Market Wrap, AGPPF - Anglo American Platinum Ltd., NOW - ServiceNow Inc., Market Rotation: Small-Caps Surge, Tech Giants Tumble, ACGL - Arch Capital Group Ltd., AIT - Applied Industrial Technologies Inc., GIS - General Mills Inc., Trailing Stop-Loss, OXY - Occidental Petroleum Corp., Remodeling Activity.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

A new Goldman Sachs report questions the massive AI spending with little to show for it, suggesting the AI bubble may be deflating. Tech giants are backing away from AI investments, while companies struggle to find practical applications. Is this the beginning of the end for the AI hype, or just a temporary setback in the industry's evolution?

ALSO in this podcast: CRGY - Crescent Energy Co. (NYS), VICI - VICI Properties Inc. (NYS), CCJ - Cameco Corp. (NYS), PPLT - abrdn Physical Platinum Shares ETF (ETF), BTI - British American Tobacco PLC ADR (NYS), AAPL - Apple Inc. (NAS), ; plus Justin's market wrap, questions on Indexing, Market Sentiment-Call Options, Retail Spending by category.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Diversifying your retirement savings across pre-tax, post-tax Roth, and taxable accounts can provide flexibility to manage your tax liability in retirement. Understanding the unique benefits and drawbacks of each account type is key to optimizing your adjusted gross income and navigating evolving tax laws.

ALSO in this podcast: MOH - Molina Healthcare Inc. (NYS), BMY - Bristol Myers Squibb Co. (NYS), ULTA - Ulta Beauty Inc. (NAS), MU - Micron Technology Inc. (NAS), FSTA - Fidelity MSCI Consumer Staples Index ETF (ETF), SBUX - Starbucks Corp. (NAS), SSNC - SS&C Technologies Holdings Inc. (NAS), DFFVX - DFA US Targeted Value Portfolio; Institutional (FUND); plus Decliner birth rates and impact on investors, strike price for call options, U.S. fiscal outlook and the deficit, IMF comments from Luke, possible private offerings for ETFs (BlackRock).

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

The Federal Reserve is considering a rule change that could save the biggest US banks billions in capital requirements by adjusting the Global Systemically Important Bank (GSIB) surcharge.

ALSO in this podcast: MDT - Medtronic PLC (NYS), LW - Lamb Weston Holdings Inc. (NYS), MEDP - Medpace Holdings Inc. (NAS), URI - United Rentals Inc. (NYS), RSG - Republic Services Inc. (NYS);

PLUS-- Recognized Dividends, Transferring cash to a Roth IRA; and Justin's talking points: Trend of investing in 'precious metals' used in EV production and as part the AI play market--examples include lithium and platinum; also, Why evictions are up especially in the U.S. sunbelt cities; and the Chinese economy has been in trouble for a long time.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

There are several effective high interest earning strategies - including high-yield checking accounts, money market funds, CDs, and bonds - for investors to explore. Understanding the benefits and drawbacks of each option can help you make informed decisions to optimize your returns and grow your wealth in the coming year.

ALSO in this podcast: BLX - Banco Latinoamericano de Comercio Exterior S.A. Cl E (NYS); LMND - Lemonade Inc. (NYS); APH - Amphenol Corp. Cl A (NYS); CVS - CVS Health Corp. (NYS); FANG - Diamondback Energy Inc. (NAS); TMO - Thermo Fisher Scientific Inc. (NYS); PLUS-- ETFs and inflation, Financial Mismanagement story, Best Sectors to Invest in, Bank Earnings; a preview of the coming KPP Financial Newsletter and a rundown of interest Rates, Precious Metals, Oil Prices, and Gas Prices.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

As we navigate the current economic landscape, it's crucial to understand the stark differences in cost of living between states. Factors like housing, groceries, healthcare, and utilities can vary significantly, impacting your overall financial well-being and disposable income. Identifying High Cost of Living (HCOL) versus Lower Cost of Living (LCOL) states can help you make more informed decisions about career moves, retirement planning, and family budgeting.

 

Today's Stocks & Topics: ROKU - Roku Inc. Cl A, MALRY - Mineral Resources Ltd. ADR, FEPI - REX FANG & Innovation Equity Premium Income ETF, Bonds, FWRG - First Watch Restaurant Group Inc., Market Wrap, 2024 Cost of Living: HCOL vs LCOL States, BTE - Baytex Energy Corp., NOC - Northrop Grumman Corp., Presidential Election Odds, Passive Investing.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Nike brought back retired executive Tom Peddie to mend strained relationships with key retailers. This move aims to revitalize wholesale partnerships and distribution channels. Will this strategic decision impact Nike's stock performance and strengthen its position in the competitive athletic wear market?

 

Today's Stocks & Topics: MO - Altria Group Inc., Market Wrap, OPCH - Option Care Health Inc., AMD - Advanced Micro Devices Inc., NVO - Novo Nordisk A/S ADR, PAYC - Paycom Software Inc., Nike’s Ex-Exec Return: Stock Boost?, GPE Ratio, SBUX - Starbucks Corp., Car Prices, CHWY - Chewy Inc. Cl A, CM - Canadian Imperial Bank of Commerce.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

It can be unclear whether quant mutual funds can effectively diversify portfolios and generate income during periods of market volatility. While quant strategies have historically performed well in volatile environments, their ability to consistently deliver stable income is less certain.

 

Today's Stocks & Topics: COP - ConocoPhillips, QCOM - Qualcomm Inc., Market Wrap, Can Quant Funds Steady Your Portfolio in Volatile Markets?, PFE - Pfizer Inc., HIMS - Hims & Hers Health Inc., Roth I-R-As, Investing for Aging Parents, Liberty Media, QS – Quantum Scape Corp. Cl A, The National Debt.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Analyzing past trends, gold has historically delivered positive returns during periods of interest rate cuts by the Federal Reserve. Will this time be any different?

 

Today's Stocks & Topics: Annuities, Sell Orders, Market Wrap, Capital Gains Tax, How Fed Rate Cuts Impact Gold Prices, U - Unity Software Inc., AOS - A.O. Smith Corp., Earnings Season, Small Caps, BLBD - Blue Bird Corp., Annuity Plan, Vanguard’s New CEO.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

AI can enhance impact investing - investments generating social and environmental impact alongside financial returns - by improving data analysis, decision-making, and impact assessment. However, it's crucial to mitigate risks and align AI tools with core principles to avoid systemic biases.

 

Today's Stocks & Topics: HDSN - Hudson Technologies Inc., Market Wrap, Dollar Cost Averaging, COWZ - Pacer U.S. Cash Cows 100 ETF, GE - GE Aerospace, AI in Finance: The Future of Impact Investing?, The KPP Premium Newsletter, Inflation and Job Market, INTC - Intel Corp., RCI - Rogers Communications Inc. Cl B, Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline, United States Bureau of Mines, NAC - Nuveen California Quality Municipal Income Fund, Bond Funds.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

In this compilation program, Justin Klein and Luke Guerrero field a variety of finance and investment questions from callers across the United States and around the world.

Today's Stocks & Topics: Fixed Index Annuities, Delaware Statutory Trust, 403b Plan Fees, High Yield Savings Account vs. Money Market Fund, Bonds and Treasuries, Transferring Money 401k to IRA, Portfolio Composition and Cyclical Composition, Fully Paid Lending, Earnings Per Share, Credit Card Debt, Charting, Issued Shares, Bonds, Mid and Small Caps, Health Care Investing, The Wash-Sale Rule, Thrift Savings Plan, Where to Invest, Trading Accounts.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Deciding whether to pay off a mortgage early or invest excess funds is a challenging financial dilemma. By comparing potential 8% investment returns to mortgage interest savings, while factoring in tax implications and retirement planning, it's possible to determine the optimal wealth-building strategy.

 

Today's Stocks & Topics: PERI - Perion Network Ltd., Market Wrap, MOH - Molina Healthcare Inc., Mortgage Payoff vs Investing: Which Builds Wealth Faster?, CD Rates, Regional Banks, GLNCY - Glencore PLC ADR, TECK - Teck Resources Ltd. Cl B, The Clothes in Your Closet, Investing Apps, FIVN - Five9 Inc., Capital Misallocation.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

The 2024 US presidential election outcome could significantly affect various sectors of the stock market. There are potential implications for investors under a Trump or Biden presidency, especially in industries like clean energy, infrastructure, financials, and more.

  

Today's Stocks & Topics: SNOW - Snowflake Inc., BEAT - Heartbeam Inc., Market Wrap, CHWY - Chewy Inc. Cl A, Trump vs Biden: How Each Will Impact U.S. Sectors, UPS - United Parcel Service Inc. Cl B, Oil and Gas Production, DHI - D.R. Horton Inc., Small-Mid-Large Caps, A-I Adoption, Stop Order.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

The commercial real estate market is in turmoil as banks rush to sell off billions in office loans. We dive deep into this unfolding CRE crisis, examining its causes and potential consequences for the broader economy.

 

Today's Stocks & Topics: Real Estate, ABBV - AbbVie Inc., Market Wrap, POWL - Powell Industries Inc., CRE Crisis: Banks Unload Office Loans, NVDA - NVIDIA Corp., CVE - Cenovus Energy Inc., The Dollar and the Next Administration, SCHA - Schwab U.S. Small-Cap ETF, SU - Suncor Energy Inc., MIY - BlackRock Muni Yield Michigan Quality Fund Inc., NEA - Nuveen AMT-Free Quality Municipal Income Fund.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Warren Buffett, the legendary value investor, is making waves with his massive bet on blue-chip energy stocks like Occidental Petroleum (OXY). We reveal the 7 key factors behind this investment legend's bullish stance on the energy sector.

 

Today's Stocks & Topics: DOW - Dow Inc., LULU – Lulu Lemon Athletica Inc., Market Wrap, Health Care Investing, Why Buffet is Fueling Up on Energy Stocks, OXY - Occidental Petroleum Corp., BSM - Black Stone Minerals L.P., DVN - Devon Energy Corp., KPP Newsletter, American Stocks, VTI - Vanguard Total Stock Market ETF, VGI - Virtus Global Multi-Sector Income Fund, Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline, Coal, Small Caps ETFs, SPGI - S&P Global Inc., The FED and Interest Rates.

Our Sponsors:
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy