Investors may want to boost their exposure overseas.”Home bias is about as bad as it’s ever been in the United States. The average investor has far too much of their money sitting in the United States,” ETF.com’s Dave Nadig told CNBC’s “ETF Edge” this week.Nadig, the firm’s president and director of research, delivered his concerns during a record week on Wall Street. The Dow, S&P 500 and Nasdaq gained another one percent this week. Meanwhile, the iShares MSCI Emerging Markets ETF gained almost 3%. As of Friday’s close, the ETF closed at a 52-week high.According to Nadig, going abroad may…
Author: usaeverydaylife
Before Markeiz Ryan, 36, left the U.S. Air Force in 2019, he took a trip to Vietnam and that experience changed the course of his life.”It just looked like so much fun and it really lived up to all the hype,” Ryan tells CNBC Make It. “I ended up having the best time of my life, and that depression was [just] gone.”Ryan says that after that first visit to Vietnam and how happy he was there, he didn’t want to let go of that feeling. He started planning his return to the country.The veteran returned to his life in the…
Bank of America named a slew of stocks that are best positioned in October. The Wall Street investment bank says companies like Disney are compelling, with more room to run. Other buy-rated names screened by CNBC Pro include: Birkenstock , CRH , Spotify and C.H. Robinson. CRH The construction and building materials supplier is “more than meets the eye,” according to Bank of America. Analyst Michael Feniger recently reinstated coverage of CRH with a buy rating, writing that the company has a “track record of driving value.” Further, CRH should benefit from easing interest rates, he added. Amid a slew…
EUNICE, NEW MEXICO — Paul Lorskulsint was a shift manager at a brand new uranium enrichment facility deep in the American Southwest when catastrophe struck Japan in 2011.A massive tsunami and earthquake had caused a severe accident at the Fukushima Daiichi Nuclear Power Plant. Thousands of miles away in Eunice, New Mexico, Lorskulsint turned on the television to make sure his team could witness what was happening across the Pacific Ocean.Lorskulsint knew the disaster in Japan was a watershed moment for the nuclear industry. The plant where he was leading an operations shift had just opened in 2010, after the…
When most people prepare for a newborn, they’re focused on baby names, sleep routines, and diapers. As a child life specialist, therapist, and mom of two, I did one other thing early on: I created an email address for each of my kids and started writing to them long before they’d be able to read any of my messages. It’s a time capsule, and one day, they’ll be glad it exists.It was practical to secure email addresses using their names before they were taken. But I also knew the deeper value. Having worked with families facing illness, grief, and loss,…
In 1996, David Risher told Bill Gates he was quitting his management role at Microsoft, then already one of the world’s largest companies with annual revenue of nearly $8.7 billion, to take a job at a “tiny, little bookstore online,” called Amazon.”It wasn’t an entirely rational move,” Risher, who is now CEO of Lyft, admitted on an episode of the Fortune Leadership Next podcast that aired on Sept. 30. Risher served as Amazon’s senior vice president of U.S. retail between 1997 and 2002.In fact, Bill Gates tried to talk Risher out of the move, he said on the podcast, reminding…
Company: Workiva (WK)Business: Workiva is a provider of cloud-based reporting solutions that are designed to solve financial and non-financial business challenges at the intersection of data, process and people. The company offers its unified software-as-a-service, or SaaS, platform that brings customers’ financial reporting; environmental, social and governance (ESG); and governance, risk and compliance (GRC) together in a controlled, secure, audit-ready platform. The Workiva platform is multi-tenant cloud software deployed in multiple regions worldwide for assured integrated reporting. The company’s platform is built primarily on Amazon Web Services and is composed of both proprietary and open-source technologies. Its Workiva platform helps…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)Buffett seen as ‘winner’ in what may be his last big buy as CEOA screen displays the trading information for Occidental Petroleum at the New York Stock Exchange (NYSE) in New York City, U.S., October 2, 2025. Brendan McDermid | ReutersThe deal builds on an already close relationship between the companies: Berkshire is Occidental’s largest shareholder with a stake of almost 27% currently valued at $11.9 billion.In addition, Occidental is paying an…
A popular technical metric suggests that some of the most high-flying stocks this year — such as Robinhood and Micron Technology — now appear overbought, particularly after this week’s market rally. The three major stock indexes saw strong weekly gains, overcoming fears about the effects of the ongoing U.S. government shutdown. The S & P 500 gained roughly 1.4% for the week, while the 30-stock Dow Jones Industrial Average has added 1.5%. The tech-heavy Nasdaq Composite is up 1.4% this week as stocks tied to the artificial intelligence trade got a boost. But some individual names may have run up…
Spirit Airlines jetliners on the tarmac at Fort Lauderdale Hollywood International Airport. (Joe Cavaretta/South Florida Sun Sentinel/Tribune News Service via Getty Images)Joe Cavaretta | South Florida Sun-sentinel | Getty ImagesSpirit Airlines plans to shrink its fleet by nearly 100 aircraft and exit more than a dozen U.S. markets as part of a sweeping bankruptcy restructuring process, CFO Fred Cromer said on Friday during a virtual meeting with creditors.Spirit Airlines filed for Chapter 11 bankruptcy protection after a prolonged period of financial strain. The low-cost carrier, which Cromer said currently operates 214 aircraft, is using bankruptcy tools to eliminate unprofitable routes…
