Axel Springer Aims to Boost Value With AI, Calls Time on Clicks-and-Ads Model
The German media group behind Politico and Business Insider outlined the goal of doubling its value on Monday, as part of a strategic update following a split of its publishing and classified-advertising businesses.
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Business Insider
an hour ago
- Business Insider
The best Samsung Galaxy Z Flip 7 cases
When you buy through our links, Business Insider may earn an affiliate commission. Learn more The best Samsung Galaxy Z Flip 7 cases provide lasting protection in slim, lightweight forms that don't inhibit features like wireless charging. Below, we've put together a list of some of our favorite cases from our testing experience with options from Samsung themselves and trusted third-party brands. Our top pick among the best Samsung Galaxy Z Flip 7 cases is the Otterbox Galaxy Z Flip 7 Thin Flex case, an ultra-slim, durable, clear case that prevents use-related yellowing and is easy to hold. For a budget option, our favorite is the Spigen Nano Pop MagFit case, with its two-toned finish, grippy design, and MagFit compatibility. FAQ Does the Samsung Galaxy Z Flip 7 need a case? Like many of the top Android phones, the Samsung Galaxy Z Flip 7 is remarkably sturdy. However, no phone is invincible in the real world, and it's worth equipping the expensive Galaxy Z Flip 7 with a dependable case to ensure long-term protection for your investment. What should I look for in a Samsung Galaxy Z Flip 7 case? As with any of the best Samsung phones, when looking for a case for your brand-new Galaxy Z Flip 7, there are a few important factors worth considering. You want to ensure that the case is sturdy, while also meeting any visual preferences and fitting within your budget. For instance, if you are someone who is frequently on the move or a manual laborer, a more rugged case like the Otterbox Thin Flex might best suit your use case. On the other hand, if you prefer minimalism or work in an office, that level of protection is probably overkill. You might prefer a thinner case that can show off your phone's design more easily, like the Galaxy Z Flip 7 Clear Case from Samsung. Will a Galaxy Z Flip 6 case fit a Galaxy Z Flip 7? A case meant for the Galaxy Z Flip 6 will not fit on a Galaxy Z Flip 7 due to their differing dimensions and display sizes. If you have a Galaxy Z Flip 6, you can refer to our guide to the best Samsung Galaxy Z Flip 6 cases to help you figure out what works best for you.
Yahoo
4 hours ago
- Yahoo
Where to invest $10,000 right now, according to 6 Wall Street heavyweights
If you're sitting on $10,000, you probably wish you invested it in early April. But it's not too late — there are still pockets of opportunity in the market, experts say. Six Wall Street pros shared where they would invest $10K right now, from individual stocks to ETFs. If you have $10,000 in cash waiting to be invested, you probably wish you had shoveled that money into the stock market in mid-April. But you're not the first, and won't be the last, investor who missed a good entry point into the market. Even with the market at all-time highs since hitting a bottom in April, that doesn't mean it's a bad time to jump in. Six Wall Street veterans told Business Insider that there are still plenty of pockets of opportunity. Some, for example, still like tech stocks as AI investment booms. Some of those same people also think it's smart to hedge and diversify right now amid the hype and lofty valuations. They recommend allocating some money to areas like value or international stocks. There's no one-size-fits-all approach to investing. Figuring out where to put your money depends on your individual circumstances, like your investment timeline and risk tolerance. For this hypothetical thought exercise, we asked our sources where they themselves would invest the money if they suddenly came into $10,000. Gabriela Santos, chief strategist for the Americas at JPMorgan Santos said that if she were gifted $10,000 right now, she would invest $7,000 in developed-market ex-US stocks and the remaining $3,000 in emerging-market stocks. "After 15 years of disappointment, it's really been all about international equities this year — huge outperformance, and something we see as just the beginning," Santos said. Santos is still bullish on US stocks, but said that international stocks are primed for relative outperformance given how high valuations are on US stocks. Historically, US stocks have traded at a 15% premium to international stocks, but now trade at a 35% premium. Plus, the value of the US dollar has fallen in recent months, and demand for ex-US assets has risen. "For someone, maybe like me, who's been too concentrated just on the US equity story, I think we've really seen a huge turning point to put some of that money to work overseas finally," she said. Two examples of exchange-traded funds that offer exposure to these areas include the Vanguard FTSE Developed Markets ETF (VEA) and the iShares MSCI Emerging Markets ETF (EEM). Year-to-date, the funds are up 19.7% and 18.6%, respectively. Barry Bannister, chief US equity strategist at Stifel Bannister identified three baskets of opportunities: value stocks, small-caps, and international stocks. For value stocks, he said to go with a large-cap value fund like the Vanguard Value ETF (VTV). For small-caps, the iShares Russell 2000 ETF (IWM) works well for its broad-based nature having exposure to the growth and value factors, Bannister said. And for international stocks, Bannister like the iShares MSCI ACWI ex US ETF (ACWX). These trades provide diversification from a tech-concentrated market, Bannister said. "Right now the market's obsessively focused on tech. But it's hard to run an economy on seven stocks," Bannister said, referring to the so-called Magnificent Seven stocks. Bannister said he recently put long-term bets on these trades himself. "I actually put a third, a third, a third, into small-cap, international, and value on some money that came in in May that I got, and we'll see how it works out for 10 years," he said. Hank Smith, CIO at Haverford Trust Normally, Smith would simply recommend a broad market index so that your money is well diversified. There's only one problem with that: most main indexes aren't all that diversified at the moment, with the so-called Magnificent Seven stocks making up almost a third of the S&P 500. So Smith has an easy fix: Put 50-60% of the money into an equal-weight S&P 500 fund, like the Invesco S&P 500® Equal Weight ETF (RSP), rather than the more widely followed market cap-weighted index. The equal-weight product gives you the same exposure to all 500 companies in the index instead of adjusting for exposure by company size. The equal-weight index has generally underperformed over the last five years, but it would hypothetically suffer less downside in a tech sell-off. The remaining 40-50% of the money can go into a more concentrated cap-weighted index like the tech-heavy Nasdaq 100, Smith said. That way, you don't miss out too much if the tech rally keeps ripping. "Now you get all your top tech holdings that are driving this market," he said. Smith's suggestions assume at least a five-year timeline. Michael Kantrowitz, chief investment officer at Piper Sandler Unlike Santos, Kantrowitz is still bullish on the American exceptionalism theme and would continue to bet on the US stock market for the next few years. Kantrowitz doesn't have a specific sector slant — he recommends investing in large-cap profitable leaders within their industries. "The earnings backdrop is going to be very bifurcated, and interest rates are going to remain elevated," Kantrowitz said of the next few years. With this backdrop, existing large-cap winners will continue to perform and have better earnings revisions than their peers. Kantrowitz would avoid passive sector indexes like a broad tech ETF, as those often don't accurately reflect the performance of the underlying basket of stocks due to weighting criteria. Instead, he recommends a more active stock-picking approach. The largest names that are screening well in Piper Sandler's models include Big Tech names — unsurprisingly, Nvidia, Microsoft, Alphabet, and Meta make the list — and companies like Oracle, Costco, Johnson & Johnson, and Home Depot. Tony DeSpirito, head of US fundamental equities at BlackRock DeSpirito, who manages several funds with a focus on combining value and quality, would split his investment between large-cap growth companies, dividend stocks, and value stocks. His guiding principle is building a well-diversified portfolio that can weather market volatility, given tariff headlines. The S&P 500 has undoubtedly become more expensive and growth-oriented thanks to the dominance of tech, but it's still a good idea to maintain exposure to Big Tech, according to DeSprito. "I'm not negative on the Mag Seven," DeSpirito said. "Many of them have really good growth and really good free cash flow. That's an incredibly powerful combination, and so they earn the multiples that they're trading at." For diversification, dividend stocks tend to be more resilient during downturns and provide a steady stream of income. DeSpirito is also on the hunt for unloved stocks that are trading cheaply. Healthcare companies are an especially compelling opportunity at the intersection of value and quality, according to DeSpirito. This area of the market has been largely ignored by investors, with the S&P 500 healthcare sector down 2% year-to-date. DeSpirito likes medical device companies, as these trade at mid-teens earnings ratios with good growth prospects. However, some large-cap pharmaceutical companies could be value traps, as their earnings are heavily dependent on patents, DeSpirito warned. Lara Castleton, US head of portfolio construction and strategy at Janus Henderson For investors with a longer timeline and a higher risk tolerance, Castleton suggested a three-pronged approach in equities. First, plug around 60% of your funds into large-cap stocks with a bias toward tech. Despite its comeback rally after a sharp dip earlier this year, tech is "still one of the areas and sectors that's going to dominate the markets for the next 10 years" given the innovation coming out of the sector, Castleton said. There are multiple ways to get exposure to the tech theme, but some general example funds might include the Technology Select Sector SPDR Fund (XLK) and the Invesco QQQ Trust (QQQ). Second, put about 20% of the fund into ex-US stocks. International stocks have gotten a big boost this year amid Trump's trade war and initial pullback from US support in Ukraine, and Castleton thinks the rally can continue. "You have to have some of that diversification because I truly believe going forward that you'll continue to see value coming out of Europe, some of these ex-US players that are now all of a sudden shifting their mentality to spending more on defense, to deregulating their companies," she said. Third, Castleton said to put the remaining 20% into mid-cap stocks, or companies with a market cap between $2 and 10 billion. This can provide further portfolio diversification, Castleton said, but the stocks should also benefit from reshoring as the deglobalization trend continues. "They're more domestically-oriented companies, and they also have a lot more room to grow than the large caps that have already kind of established their business models," she said. Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Politico
6 hours ago
- Politico
Trump needles Powell at Fed campus
Presented by Chevron Welcome to POLITICO's West Wing Playbook: Remaking Government, your guide to Donald Trump's unprecedented overhaul of the federal government — the key decisions, the critical characters and the power dynamics that are upending Washington and beyond. Send tips | Subscribe | Email Sophia | Email Irie | Email Ben President DONALD TRUMP toured the Federal Reserve campus today alongside the man he nominated as Fed chair in 2017 and now calls a 'numbskull.' Trump and Fed Chair JEROME POWELL, wearing matching white hard hats, inspected the $2.5 billion renovation that Trump has suggested is an example of Powell's mismanagement, and offered a few comments for the cameras. 'I'd love for him to lower interest rates,' Trump said as he patted Powell on the back. Powell stood, looking awkward, in silence. It was the latest escalation of a monthslong pressure campaign against the United States' independent central bank as Trump pummels Powell for refusing to lower interest rates. Trump, who claims the higher interest rates are costing American taxpayers $1 trillion a year in additional borrowing costs, has repeatedly called for Powell to step down and even drafted a letter to fire him. 'We would be helped if interest rates would come down, but we're going to see how the board rules on that soon,' Trump said. 'I'd love to see them come down a lot, but we have a country that's thriving.' Powell has said he expects to lower rates sometime later this year, but has held off as he and his fellow officials watch whether Trump's tariffs lead to significantly higher inflation. Trump's intensifying focus on Powell comes as the White House deals with the fallout surrounding JEFFREY EPSTEIN, the disgraced financier and convicted sex offender who died by suicide in prison six years ago, and an all-out revolt from some of Trump's biggest supporters on Capitol Hill. As that storyline has swirled, the president and his top aides have admonished the media and their own supporters for indulging in the scandal instead of paying attention to what they view as more important stories, including the nation's thriving economy, trade deals and the president's meetings with foreign leaders. Enter Renovationgate. The Fed is renovating its Washington headquarters for the first time since it was built nearly a century ago, a project approved in 2017 during Trump's first term. But its cost has ballooned to $2.5 billion — and the White House is seeking to cast it as yet another example of rampant 'waste, fraud and abuse' perpetrated by the elites. To get ahead of the president's highly unusual visit this afternoon, the Fed offered its own tour to reporters this morning to help explain the costs. Fed staff cited new security features and the historic nature of the building among the reasons for the price tag — what a top Trump adviser called the most expensive project in the history of the capital. During the tour, the officials repeatedly sought to dispel White House talking points and blame the cost overrun on tariffs, preservation regulations and building codes. MESSAGE US — West Wing Playbook is obsessively covering the Trump administration's reshaping of the federal government. Are you a federal worker? A DOGE staffer? Have you picked up on any upcoming DOGE moves? We want to hear from you on how this is playing out. Email us at westwingtips@ Did someone forward this email to you? Subscribe! MORNING MONEY: CAPITAL RISK — POLITICO's flagship financial newsletter has a new Friday edition built for the economic era we're living in: one shaped by political volatility, disruption and a wave of policy decisions with sector-wide consequences. Each week, Morning Money: Capital Risk brings sharp reporting and analysis on how political risk is moving markets and how investors are adapting. Want to know how health care regulation, tariffs, or court rulings could ripple through the economy? Start here. POTUS PUZZLER Which president called HULK HOGAN a 'famous enforcer of American justice?' (Answer at bottom.) Agenda Setting PACK YOUR THINGS: Agriculture Secretary BROOKE ROLLINS announced today a massive reorganization plan at the department, which would transfer most of the Washington-area staff to five cities across the country and close nearly all of its USDA offices in the capital region, our JORDAN WOLMAN, MARCIA BROWN and GRACE YARROW report. In a video message to employees, Rollins said USDA will move employees to Salt Lake City; Fort Collins, Colorado; Indianapolis; Kansas City, Missouri; and Raleigh, North Carolina. There will be no large-scale reductions in force, given that more than 15,000 employees took the administration's deferred resignation offer. BAD NEWS FOR HERITAGE: The Pentagon has suspended participation in all think tank and research events until further notice, according to an email sent to staff today and obtained by our JACK DETSCH. It comes a week after the Defense Department pulled out of the Aspen Security Forum citing 'the evil of globalism,' indicating the event is not in line with the administration's priorities. The Pentagon is also reviewing the agency's participation in other top security conferences. It specifically banned attendance at the Halifax International Security Forum, which takes place in Nova Scotia each winter and the Pentagon chief typically attends. The public affairs, general counsel and policy teams will review all requests for participation at events and will ask for officials' remarks and talking points in advance. Pentagon spokesperson SEAN PARNELL said in a statement that the measures were taken 'to ensure the Department of Defense is not lending its name and credibility to organizations, forums, and events that run counter to the values of this administration.' 'DO WHAT Y'ALL NEED TO DO': Top EPA appointees acted swiftly and provided virtually no reason for firing members of two science advisory committees, POLITICO's E&E News' SEAN REILLY reports. 'All good—Do what y'all need to do,' then-Assistant Deputy Administrator TRAVIS VOYLES wrote in a January email roughly an hour before the agency began informing dozens of members of the Clean Air Scientific Advisory Committee and the Science Advisory Board that they were being fired. 'It is done,' Voyles added later that day, minutes after getting confirmation that the notifications were complete. WHO'S IN, WHO'S OUT COME BACK! PLEASE? Roughly a quarter of the 3,500 Food and Drug Administration employees who received reduction-in-force notices earlier this year have been reinstated, our DAVID LIM reports. FDA Commissioner MARTY MAKARY told our DASHA BURNS in an interview that he doesn't expect more layoffs at the FDA, which had approximately 20,000 full-time employees in fiscal 2025. Makary added that he's confident about the agency's ability to conduct food inspections and investigations and to ensure 'the trains are running on time.' ONE MORE ASK … The Department of the Interior is asking some of its employees who are leaving their jobs at the request of the Trump administration to help the department respond to wildfires before they depart, POLITICO's E&E News' HEATHER RICHARDS reports. In a memo sent out earlier this month, acting Assistant Secretary TYLER HASSEN — who joined the administration as a DOGE employee — asked departing Interior staff with a firefighting certification to help the agency respond to wildland fires through the rest of the year. NOT FEELING IT: EPA is moving ahead with its plan to lay off hundreds of staffers within the agency's environmental justice programs, POLITICO's E&E News' ELLIE BORST and Reilly report. Following a court-ordered pause that left employees in limbo for six weeks, 'we intend to move forward with the previously announced RIF,' said EPA spokesperson MOLLY VASELIOU. EPA put 168 environmental justice staffers on leave in early February. In April, EPA notified 271 employees that they were subject to a RIF because their jobs had been tied to environmental justice or 'diversity, equity and inclusion.' Musk Radar STILL FRIENDS? The president today denied that he would cut the 'large scale' subsidies tech billionaire and former DOGE chief ELON MUSK receives from the government despite an ongoing rift between the two men, our NICOLE MARKUS reports. 'I want Elon, and all businesses within our Country, to THRIVE, in fact, THRIVE like never before,' he wrote on Truth Social. 'The better they do, the better the USA does, and that's good for all of us.' On Wednesday, press secretary KAROLINE LEAVITT said she doesn't 'think' Trump supports federal agencies contracting with Musk's xAI, but that she would speak to the president about it. Knives Out 'CENSORSHIP' AT THE SMITHSONIAN: AMY SHERALD, who painted former first lady MICHELLE OBAMA's official portrait, pulled out of an exhibition at the Smithsonian's National Portrait Gallery after she said she was told the museum was considering asking her to remove a painting of a transgender Statue of Liberty, NYT's ROBIN POGREBIN reports. The exhibition, slated for September, would have been the museum's first by a contemporary Black artist. 'I cannot in good conscience comply with a culture of censorship, especially when it targets vulnerable communities,' Sherald said in a statement. A Smithsonian spokesperson in a statement indicated the museum didn't intend to remove Sherald's painting and said they were 'disappointed Smithsonian audiences will not have an opportunity to experience' the exhibit. A White House official said the 'removal of this exhibit is a principled and necessary step' toward the Trump administration's goal of wiping 'improper ideology' from the Smithsonian. What We're Reading Gazans Are Dying of Starvation (NYT's Rawan Sheikh Ahmad, Isabel Kershner and Abu Bakr Bashir) No One Was Supposed To Leave Alive (The Atlantic's Gisela Salim-Peyer) Trump anoints a new power elite on K Street (POLITICO's Caitlin Oprysko) POTUS PUZZLER ANSWER In 1992, former President GEORGE H.W. BUSH labeled the late, larger-than-life wrestler as the enforcer for national justice.
