For the everyday investor, it can be tempting to look at celebrity investments like Warren Buffett as bastions of truth. These stock titans may appear to have an inside track on the market—and Buffett’s advice reportedly works for many—but if investing were as simple as following a superstar formula, we’d all be rich. The investing…
Why You Shouldn’t Take Celebrity Investment Advice at Face Value
Australian Financial Experts Welcome ASIC’s Warning to Unlicensed Financial Influencers
Financial experts have welcomed the Australian Securities and Investments Commission’s (ASIC) warning to social media financial influencers for providing financial advice and services online without a license. ASIC stated that financial advice and services must be provided by licensees and that social media influencers, often called finfluencers, who provide financial product advice and financial services…
Intel Analysts See Turnaround Plans as Long-Drawn, Ambitious, and Investment-Heavy
Intel Corporation shares ended last week sharply lower, as the chip giant’s Investor Day presentations left investors unimpressed. The Intel Analysts BofA Securities analyst Vivek Arya maintained an Underperform rating and $52 price target for Intel shares. Rosenblatt Securities analyst Hans Mosesmann maintained a Sell rating and $40 price target. Needham analyst Quinn Bolton kept…
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