Goldman Sachs keeps $47 target on Novo Nordisk stock Goldman Sachs has reaffirmed its Neutral rating and $47 price target on Novo Nordisk stock after meeting management at a healthcare conference. The bank had lifted that target to $47 from $41 on June 3, so the confe
Large traditional 401(k)s can lead to high tax rates Retirees with large traditional 401(k)s can face effective marginal rates near 40% when required minimum distributions, Social Security taxation, and Medicare IRMAA surcharges stack simultaneously at age 73. A str
Coca-Cola stock rises 18% in 2026 Coca-Cola has reached a fresh high, with its stock rising 18% in 2026, roughly doubling the market's year-to-date return. The company's trailing net margin of 27.8% is a 15-year high, with $27.80 of every $100 in revenue going to the
Director Tor Olav Troim purchases 1.06 million shares for $5.0 million Director Tor Olav Troim reported an open-market purchase of 1,063,000 shares of Borr Drilling Limited, totaling ~$5.0 million. The purchase was made at a price of $4.70 per share and increases Troi
Medtronic delivers $36 billion in revenue with strong top-line growth Medtronic raised its dividend for the 49th consecutive year, with $36 billion in revenue marking its strongest top-line growth in 10 years. The company's diversified medical device business, orga
Bloom Energy's revenue surged 130.4% year over year Bloom Energy is positioning itself as a core AI power supplier, driven by the rapid expansion of AI infrastructure. The company's solid oxide fuel cells provide on-site power, which is becoming increasingly valuable for d
SpaceX debuts with $2.1 trillion valuation SpaceX closed its first trading session valued at $2.1 trillion, marking the largest public offering in history. The company's debut comes as investors await the Federal Reserve's meeting on Wednesday. The S&P 500 closed Fr
Finfluencers mislead investors on purpose Charlie Munger, Warren Buffett's business partner, criticized day-trading influencers for misleading inexperienced investors. Munger compared following finfluencers to taking heroin, calling it stupid. Financial literacy
Index funds may already be priced in for SpaceX SpaceX's record-breaking $75 billion IPO may not get another boost from index funds. The company's large size and strong retail interest could create extra volatility as index admission approaches. Some investors exp
Average used car affordability requires $120,000 annual income The 20-4-10 rule, a traditional test for car affordability, now demands a six-figure income. A 20% down payment, four-year financing, and total costs under 10% of gross income are the rule's requirement