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First came the dogs’ balding – leathery pink patches on otherwise glossy fur coats.The veterinarian told Shenice Copenhaver it was genetic. But it wasn’t long before one of the hairless puppies began stealing blankets to burrow beneath furniture and hide for long stretches.Around the same time, in the summer of 2022, she first heard the noise: a deep, mechanical howl that becomes shrill closer to the facility. Copenhaver didn’t know it then, but bitcoin miners had come to town. Less than a mile away from her home in east Texas, a cryptocurrency mining facility was rumbling to life.The hum has…
Many companies pay dividends. However, some dividend stocks are better suited for investors seeking income than others because of the durability of their cash flows and the strength of their financial profiles. Those features enable them to pay attractive dividends that steadily grow, even through more challenging periods. NextEra Energy (NEE 1.51%) and Realty Income (O -0.47%) are two such dividend stocks. They’ve grown their dividends for 30 straight years, which includes three major economic downturns. That growth should continue in the future, even if we have more economic turbulence. Because of that, they’re no-brainer income stocks to buy this…
Supermicro’s stock plunged after pre-announcing poor quarterly results. The company continues to face intense margin pressure. While the stock isn’t expensive, it needs to find a better way to handle chip architecture transitions. One of the most volatile stocks over the past year or so, Super Micro Computer (NASDAQ: SMCI) continued its habit of making big moves after its shares tumbled following the company’s pre-announcement of poor fiscal Q3 earnings results. The stock has lost about two-thirds of its value over the past year. The stock has been on a crazy roller-coaster ride ever since a short report came out…
Last November, I was reeling from the sudden back-to-back disintegration of my two most recent employers. My lingering self-respect, along with a glance at the all-time low wages now being offered by the driving and delivery apps that once kept me afloat during the gaps in my freelance writing career, stopped me from revisiting those abusive relationships, but things were getting undeniably grim. That’s when I recalled a potential life preserver mentioned by a fellow writer pal: Upwork, a freelancing platform that wisely rebranded from “Elance-oDesk” in 2015 with the subtly fatalistic slogan, “This is How We Work Now.” (You may…
OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. The revelation came as a surprise because the 94-year-old had previously said he did not plan to retire. Buffett, one of the world’s richest people and most accomplished investors, took control of Berkshire Hathaway in 1965 when it was a textiles manufacturer. He turned the company into a conglomerate by finding other businesses and stocks to buy that were selling for less than they were worth. His success made him a Wall…
Listen to article Payoneer, the global financial services platform widely used by freelancers and digital professionals, has introduced a 3% withdrawal fee for users in Pakistan—prompting widespread concern among the country’s burgeoning online workforce. The updated fee structure, which quietly came into effect this week, marks a significant shift in the cost of doing business for tens of thousands of Pakistani freelancers and small businesses who rely on the service for cross-border transactions. The move comes as Pakistan continues to expand its digital economy, with a growing number of individuals earning foreign income through remote and freelance work. Under the new pricing…
The S&P 500 is down about 3% this year. At its lows, the index was down over 19% from its record high. For Warren Buffett, this year’s volatility has been nothing to write home about. “What has happened in the last 30, 45 days, 100 days, whenever you want to pick, whatever this period has been, is really nothing,” Buffett said at the Berkshire Hathaway annual meeting on Saturday. “This has not been a dramatic bear market or anything [of] the sort.” Buffett noted that there have been three periods in history that have seen Berkshire’s stock fall 50%. Year-to-date,…
