A motherboard from one of Rivian’s all-electric vehicles. Michael Wayland / CNBC Rivian Automotive stock plunged nearly 15% during midday trading on Tuesday after the electric vehicle maker announced a public offering of 75 million shares of its Class A common stock. The capital raise occurred during extended hours trading after Rivian shares rose 8.1%…
Crypto presales did slow down over the past few months. As prices across the market remain under pressure, risk appetite has faded and many early-stage projects are struggling to maintain momentum. Capital has become more selective, with investors less willing to back ideas that rely purely on optimistic price narratives. That slowdown, however, does not…
The IRS added an online option on its mobile-friendly forms page last week for individual taxpayers to electronically file Form 843, Claim for Refund and Request for Abatement, for protective refund claims related to the Kwong decision before a Friday deadline. Kwong court decision In Kwong, 179 Fed. Cl. 382 (2025), the Court of Federal Claims…
LAS VEGAS, NEVADA – OCTOBER 11: A WWE logo is shown on a screen before a WWE news conference at T-Mobile Arena on October 11, 2019 in Las Vegas, Nevada. It was announced that WWE wrestler Braun Strowman will face heavyweight boxer Tyson Fury and WWE champion Brock Lesnar will take on former UFC heavyweight…
The resignation of UK Prime Minister Keir Starmer has sent ripples through financial markets, prompting an immediate softening of sterling against the US dollar and a corresponding climb in gilt yields. The political vacuum comes at a delicate time for the UK economy, reintroducing a risk premium on British sovereign debt as investors evaluate the…
As global sustainability demands intensify, deciding between specialized hazardous waste leader Clean Harbors (CLH +1.15%) and solid waste giant Waste Management (WM 0.79%) is a vital choice for long-term industrial investors. Clean Harbors thrives in the complex niche of chemical disposal and emergency response, while Waste Management provides essential collection and recycling services to millions…
The intensifying battle for the keys to No. 11 Downing Street is starting to reverberate through financial markets. Following the resignation of Sir Keir Starmer and Andy Burnham’s rapid ascent as the frontrunner for the Labour leadership, attention has swiftly shifted to who will steer the UK Treasury. Among the potential appointments, few figures draw…
Helping clients become more financially successful is a multi-faceted process, but much of it ultimately comes down to implementation. The challenge is that for clients (and advisors themselves!), “implementation” is more than ‘just’ point-and-go, where a direction is determined, then everyone executes perfectly. Instead, motivating clients towards action requires multiple steps of goal-setting, then dissecting…
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that a recent study from The Ensemble Practice finds that while surveyed advisory firms posted profit margins in excess of 38% for fiscal year 2025 (a figure up nearly 15 percentage points over the past decade),…
Long-term real returns above 10% annualized are exceedingly rare.