Company News for Jul 1, 2024

Fortune
Elon Musk vows Bill Gates will be ‘obliterated’ if he doesn’t stop shorting Tesla
If the Optimus robot somehow catapults Tesla to Musk’s $30 trillion market cap target, bears like the Microsoft cofounder could be wiped out—but that is a big if.
Manchester Evening News
Personal finance expert says people are making £20,000 savings mistake
Roughly 40 million people could be missing out on thousands of pounds for 'free'
SWNS
Family with £62k income using Klarna for food shop due to cost of living crisis
A mum-of-five with a £62k household income has resorted to using Klarna to afford her food shop - due to the cost-of-living crisis. Laura Caine, 40, struggles to cover her family's monthly outgoings using her £1k-a-month universal credit payment and her husband Martin's £50k games programmer salary. The couple have five children - aged 18 to nine - and say feeding the brood three meals a day gets expensive so they have had to use the buy-now-pay-later service. In recent months Laura says she had to use Klarna to afford groceries as she "can't afford" to pay for a big shop upfront. Laura claims both she and Martin have both maxed out their credit cards after their energy bill shot up to £450-a-month from £200.
The Northern Echo
Universal Credit warning to thousands as 180,000 have benefits stopped
Households who receive six legacy benefits set to be replaced by Universal Credit have been issued a warning as they risk having their benefits stopped
Fool.co.uk
A rare chance to buy one of the best dividend shares on the market?
This is one of the best-performing dividend shares on the London Stock Exchange, and it looks incredibly cheap. But could this soon change? The post A rare chance to buy one of the best dividend shares on the market? appeared first on The Motley Fool UK.
Fool.co.uk
A 9.9% dividend yield! Is this hidden FTSE passive income gem too good to miss?
This FTSE 100 insurance and investment firm has one of the highest yields in the index, looks set for stellar growth, and appears undervalued to me. The post A 9.9% dividend yield! Is this hidden FTSE passive income gem too good to miss? appeared first on The Motley Fool UK.
Business Insider
Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'
Russia's trade rebounded by nearly 7% last year, while activities in the financial sector and construction grew by 6.6% and 3.6% respectively.
Benzinga
Warren Buffett's Weekly Dividend Earnings Exceed $47 Million: The Top 3 Stocks Driving His Wealth
American business owner Warren Buffett, founder of multinational conglomerate holding company Berkshire Hathaway, collects $2.1 billion in dividends from just three stocks. Here are the three stocks driving his growing wealth. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Miami is expected to take New York's place as the U.S. Financial Capital. Here's how you
Fool.co.uk
2 brilliant FTSE 100 stocks for investors to consider buying in July!
The FTSE 100 is full to the brim with exceptional companies. But there are two stocks this Fool likes the look of. Here he explains why. The post 2 brilliant FTSE 100 stocks for investors to consider buying in July! appeared first on The Motley Fool UK.
The Telegraph
What Labour has in store for your pension
The pensioner vote has been a key battleground in this election. One of the Conservatives’ key pledges was the introduction of the “triple lock plus” – extra tax breaks for the retired. But it is highly unlikely the policy will see the light of day, so what does Labour have in store for your retirement savings – and what can you do about it?
Fortune
Steve Ballmer, who was once Bill Gates’ assistant, is now richer than his onetime mentor
Ballmer was employee No. 30 at Microsoft but got most of his wealth from a sweetheart deal.
Fool.co.uk
Down 14% last month! What’s going on with the share price of this FTSE 250 British icon?
The FTSE 250 slipped 3.5% in June as the UK market headed towards the summer. But this one stock bore the brunt of the losses. The post Down 14% last month! What’s going on with the share price of this FTSE 250 British icon? appeared first on The Motley Fool UK.
Fool.co.uk
Hidden potential: could this UK-listed growth stock be the next Nvidia?
Based in Canada but listed in London, I think up-and-coming chip designer could be the next big thing to drive AI adoption in the UK. The post Hidden potential: could this UK-listed growth stock be the next Nvidia? appeared first on The Motley Fool UK.
Fool.co.uk
FTSE shares are on fire but these 2 are down by over 10% in 2024. I’d buy them today!
Even with the FTSE flying, these two stocks have struggled. But this Fool senses an opportunity. He'd buy them today if he had the cash. The post FTSE shares are on fire but these 2 are down by over 10% in 2024. I’d buy them today! appeared first on The Motley Fool UK.
The Telegraph
How Britain’s wealthiest savers are preparing for a Labour government
As Conservative grandees fret about a Labour “forever government” after this week’s election, Britain’s most affluent savers and investors are busy making the most of tax reliefs while they still can.
The Telegraph
Wealthy selling shares and property amid fears Labour will raise capital gains tax
Rich people are selling assets such as shares and property amid fears that an incoming Labour government could increase capital gains tax (CGT), wealth managers have reported.
Fool.co.uk
I’d buy this UK big-cap stock in July without hesitation
I think this UK stock is one of the best opportunities in the FTSE 100 and it looks like a good time to focus on it right now. The post I’d buy this UK big-cap stock in July without hesitation appeared first on The Motley Fool UK.
Fool.co.uk
Are these brokers right to hike their Rolls-Royce share price forecasts?
Jon Smith explains why some brokers have increased their target for the Rolls-Royce share price but flags up some of his concerns. The post Are these brokers right to hike their Rolls-Royce share price forecasts? appeared first on The Motley Fool UK.
Fool.co.uk
The Vodafone share price is down nearly 50%. Is it a sleeping giant or one to avoid?
Vodafone has lost 50% of its value in five years. Its share price looks cheap on paper. But this Fool still doesn't plan on buying any shares. The post The Vodafone share price is down nearly 50%. Is it a sleeping giant or one to avoid? appeared first on The Motley Fool UK.
Fool.co.uk
Here’s how I’d invest £20k in high-yield dividend shares to target £500 in monthly passive income
With £20,000 in savings and bit of research, our writer thinks it's perfectly possibly to generate a tidy passive income stream over the long term. The post Here’s how I’d invest £20k in high-yield dividend shares to target £500 in monthly passive income appeared first on The Motley Fool UK.

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Company News for Jul 1, 2024

Latest stories

Elon Musk vows Bill Gates will be ‘obliterated’ if he doesn’t stop shorting Tesla

Personal finance expert says people are making £20,000 savings mistake

Family with £62k income using Klarna for food shop due to cost of living crisis

Universal Credit warning to thousands as 180,000 have benefits stopped

A rare chance to buy one of the best dividend shares on the market?

A 9.9% dividend yield! Is this hidden FTSE passive income gem too good to miss?

Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'

Warren Buffett's Weekly Dividend Earnings Exceed $47 Million: The Top 3 Stocks Driving His Wealth

2 brilliant FTSE 100 stocks for investors to consider buying in July!

What Labour has in store for your pension

Steve Ballmer, who was once Bill Gates’ assistant, is now richer than his onetime mentor

Down 14% last month! What’s going on with the share price of this FTSE 250 British icon?

Hidden potential: could this UK-listed growth stock be the next Nvidia?

FTSE shares are on fire but these 2 are down by over 10% in 2024. I’d buy them today!

How Britain’s wealthiest savers are preparing for a Labour government

Wealthy selling shares and property amid fears Labour will raise capital gains tax

I’d buy this UK big-cap stock in July without hesitation

Are these brokers right to hike their Rolls-Royce share price forecasts?

The Vodafone share price is down nearly 50%. Is it a sleeping giant or one to avoid?

Here’s how I’d invest £20k in high-yield dividend shares to target £500 in monthly passive income