Latest news with #global
Bloomberg
27 minutes ago
- Business
- Bloomberg
Stock Movers: Nike, Uber, Estee Lauder
On this edition of Stock Movers: - Nike (NKE) shares jumped as much as 15%, the most intraday since December 2022, after forecasting a smaller-than-expected drop in revenue for the current quarter, a sign that the sportswear company's earnings trend may have hit an inflection point, according to analysts. Nike said its yearlong sales decline is starting to ease, suggesting that Chief Executive Officer Elliott Hill's strategic moves are paying off. Before today, the stock had lost a third of its value over the past 12 months. The sportswear company expects sales to fall by a mid-single digit in the current quarter, a smaller drop than Wall Street anticipated and an improvement from the previous three-month period. Nike didn't issue guidance for its full fiscal year due to tariffs and uncertainty. - Uber (UBER) and Lyft (LYFT) stocks fell after both names were downgraded to hold from buy at Canaccord Genuity as analyst George Gianarikas sees 'potential for rapid disruption.' - Estee Lauder (EL) shares rose after being upgraded to buy from hold and increased its price target.
Forbes
39 minutes ago
- Business
- Forbes
Should You Add Fossil Fuels To Your Retirement Investment Portfolio?
Potential alternatives to having fossil fuel producers in your retirement investment portfolio Many investors believe that fossil fuels are essential for strong retirement investment returns. But is that actually true? In this article, we test that assumption—comparing the performance of portfolios with and without fossil fuel exposure. While we focus mainly on investment performance (also known as risk-adjusted return), we also explore considerations for those who care about aligning their portfolio with environmental values. We'll break down investment performance, explore fossil fuel-free indexes, and offer practical steps for values-minded investors. Whether you're saving through a Roth IRA, Roth 401(k), or taxable account, it's worth understanding your options. Retirement Investment: Discerning Fossil Fuels Role In Investing When people talk about investment selection, they often mention two styles of investing: passive and active. Passive investors believe markets are efficient enough that trying to 'beat the market' is a losing game. Instead, they invest in index funds that aim to match the performance of a broad market benchmark, such as the Standard and Poors (S&P) 500 or the MSCI All Country World Index (ACWI), while keeping fees low. But passive investing still involves making asset allocation choices—specifically, choosing which mutual index to track and finding a mutual fund or exchange traded fund that tracks that index. For example, the S&P 500 selects the largest 500 US companies. The MSCI All Country World Index (MSCI ACWI) captures Large and Mid-cap representation across 23 Developed Markets (DM) and 24 Emerging Markets (EM) countries. With 2,559 constituents, the index covers approximately 85% of the global investable equity opportunity set. If you're like many retirement savers, you may already be invested passively through a Vanguard Target Retirement Fund in your 401(k). While these are passive by design, the mix of index funds they include is determined by a portfolio manager. Once the allocation is set, the fund simply tracks its chosen indexes—regardless of what industries (fossil fuels or otherwise) those indexes contain. The following index funds represent the Vanguard Target Retirement 2050 Series portfolio: By contrast, active investing means trying to beat the market by choosing specific stocks, sectors, or timing. This might include increasing investments in fossil fuel stocks or technology stocks that vary from the index benchmark. Active investing involves choosing individual stocks or sectors—like fossil fuels—with the hope of outperforming a market index. But what if there was a way to invest in the same index, minus the fossil fuels? Retirement Investment and a Fossil Fuel-Free Index The MSCI ACWI is a common benchmark used in diversified global portfolios. MSCI also offers a fossil fuel-free version, called the MSCI ACWI ex Fossil Fuels Index. This index removes companies that own fossil fuel reserves or are involved in oil, coal, or gas production. According to MSCI's fact sheet, the fossil fuel-free version has consistently delivered similar or better performance over many periods. In fact, it has often done so with slightly less risk. As always, past performance isn't a guarantee of future results. But today's data offers something important: you don't have to sacrifice returns to align your investments with your values. Unfortunately, you cannot directly invest in an index. You will have to find investments that track the index or seeks to benchmark against it to invest in. A couple options will be included later. MSCI ACWI vs MSCI ACWI ex Fossil Fuels Comparison Let's put some dollars against the numbers in the fact sheet. Here are some detailed comparisons for two investors—one in the MSCI ACWI and the other in the MSCI ACWI ex Fossil Fuels index—across two investment strategies. Here are the visual comparisons: Lump Sum Investment ($100,000 at Start) Year MSCI ACWI MSCI ACWI ex Fossil Fuels 0 $100,000 $100,000 1 $113,650 $114,720 3 $141,625 $143,449 5 $187,280 $185,880 10 $242,222 $248,049Systematic Investment ($10,000 annually for 10 years) Year MSCI ACWI MSCI ACWI ex Fossil Fuels 0 $0 $0 1 $10,000 $10,000 3 $33,841 $33,997 5 $65,280 $65,060 10 $153,754 $155,677 As you can see from the data, either from a lump sum or systematic investing perspective, the fossil fuel free index wins over a historical 10 year period. Ways to Incorporate Fossil Fuel-Free in Your Retirement Investments If you want to invest in a fossil fuel-free global portfolio, you don't need to be a stock picker or hire a hedge fund manager. You can invest through low-cost ETFs that track these indexes. Sphere The Sphere 500 Fossil-Free Index tracks the Top 500 US companies by market capitalization minus 93 fossil fuel and related companies: The independent non-profit As You Sow creates the list of fossil fuel and other companies that are excluded. Green Century Green Century is a mutual fund manager that provides several fossil fuel free mutual funds. Two are index fund based and the other actively managed. The Green Century Equity Fund seeks to achieve its objective by investing in the stocks of the companies that make up the MSCI KLD 400 Social ex Fossil Fuels Index, a custom index calculated by MSCI, Inc. The International Index Fund tracks the MSCI World ex USA SRI ex Fossil Fuels Index. This Index is composed of the common stocks of the approximately 240 companies in the MSCI World ex USA SRI Index that is then customized for Green Century to eliminate the stocks of companies that explore for, process, refine or distribute coal, oil, or gas, or produce or transmit electricity derived from fossil fuels, or have carbon reserves. The Balanced Fund is an actively managed fund comprised of equities and fixed-income securities. It typically holds 60% to 70% of its net assets in multi-cap stocks and 30% to 40% in investment-grade quality bonds. The Balanced Fund was an early investor in green bonds and now has more than 74% of its fixed-income portfolio in green and sustainable bonds.[1] As You Sow's Fossil Fuel Free Funds Research As You Sow provides a publicly available Fossil Fuel Funds Free research tool. You will find that it's methodology and evaluation may vary from the other providers discussed earlier. There research highlights that some mutual fund companies may score high that don't scream like they are fossil fuel free. For example, the Amana Growth Fund doesn't have Green in its name but gets an A grade. All of the funds listed in this article do not constitute an investment recommendation. I am providing these as examples to encourage you to do your own research or find an investment advisor that is knowledgeable in this area. There are even professional tools that go beyond what I've shown. Final Thoughts on Fossil Fuel Free Retirement Investments For years, the narrative was that investing according to your values—such as avoiding fossil fuels—meant settling for lower returns. But that argument is no longer supported by the data presented today. So, if you're wondering whether fossil fuels deserve a place in your portfolio, should focus on your goals, your values, and what you believe about the future of energy and the economy. This article shows that fossil fuel-free retirement investments don't automatically mean sacrificing return. Related Reading: Evaluating Risk-Adjusted Returns: The Key To Smarter Investing Social Values-Adjusted Investment Returns: Balancing Profit & Purpose
Forbes
43 minutes ago
- Business
- Forbes
Why It's Never Been A Better Time To Be A Female Entrepreneur. Plus: Keep Your Focus During Uncertain Times
This is this week's ForbesWomen newsletter, which every Thursday brings news about the world's top female entrepreneurs, leaders and investors straight to your inbox. Click here to get on the newsletter list! I t's never been a better time to be a female entrepreneur: According to the Global Entrepreneurship Monitor, there are now some 658 million female founders and company owners worldwide, and as my colleague Grace Chung reports here, nearly two-thirds are early stage entrepreneurs, compared to less than half of their male counterparts. 'Women's entrepreneurship is the number one policy solution to things like health deficits and education deficits,' Amanda Elam, who authored GEM's latest Women's Entrepreneurship Report, told Forbes . 'The types of businesses women tend to lead create places that are great to live in. And it turns out companies like to build their operations in places like that. So in international development, there's been this awakening.' And so, to continue to shine a light on this growing cohort of self-starters, Forbes has published its first-ever standalone global ranking of the world's 50 richest self-made women. The women on this list are worth a collective $276 billion, or $5.5 billion on average—so not quite what we'd define as 'early stage' entrepreneurs, but the successes their businesses have found across sectors ranging from collagen to coal serve as blueprints for those who wish to follow in their wake. Check out the full list here! Cheers! Maggie McGrath Exclusive Forbes Profile: Teens And Tweens Are Obsessed With This Skincare Brand For Babies—Now It Brings In $100 Million A Year Kimberley Ho EVEREDEN Forbes 30 Under 30 alum Kimberley Ho walked away from her Wall Street career to launch Evereden for Generation Alpha. Today, her business brings in $100 million, and while the company sells in Sephora across eight countries outside the United States, including Canada, Australia and the Philippines, most of its revenue comes from direct-to-consumer sales online. 'Billions of investment dollars have gone to women's beauty, cosmetics and skincare, but none of that innovation and investment really went into family skincare,' Ho says. 'That mismatch just didn't make sense for me.' ICYMI: News Of The Week Speaking of lucrative business opportunities… Gail Federici sold her first company, John Frieda Hair Care, in 2002. She's more than doubled her fortune building a second brand, Color Wow, which is now eyeing a $1 billion sale. Forbes recently released its annual list of Top Creators—a ranking of America's most lucrative influencers who earned a collective $853 million last year. Among the women on this list are Alex Cooper, Charli D'Amelio and Lexi Rivera, who advises aspiring content creators to not get discouraged 'if something doesn't perform as you had hoped. It's only a matter of time until consistency pays off.' Some 54 million people tuned in to WNBA games last season, which is why 30 Under 30 alumnae Amanda Calabrese and Greta Meyer jumped at the chance to make their company, Sequel, the first official tampon sponsor for the Indiana Fever. 'From day one we wanted to work with female athletes because we've always believed that they were going to be the future of influencer marketing,' Calabrese told Forbes . According to the World Economic Forum's newly released 'Global Gender Gap Report 2025,' North America ranks highest globally in gender parity, having closed 75.8% of its overall gender gap and ranking first in the category of economic participation and opportunity. And yet: The world writ large remains a century away from achieving true gender parity. The Checklist 1. Consider reuniting with an ex… employer. According to payroll processor ADP, more workers are 'boomeranging' back to an old workplace than ever before. The benefits to doing this include a faster ability to jump into mission-critical work, because you already have a baseline point of reference. 2. Protect your yes. Learning to say no is one of the most powerful tools in business—and when you say yes to everything, you dilute your energy, your focus, and even your impact. 3. Stay focused even when everything feels uncertain. Burnout, lack of purpose, and constant interruptions can destroy our focus. Here are five brain hacks to use that can bring more clarity to your days. The Quiz Stunning images and videos from a new state-of-the-art telescope in Chile were released this week, they're the first visuals from the observatory named for an accomplished astronomer whose research confirmed the existence of dark matter. Who is the observatory named after? A. Caroline Herschel B. Vera C. Rubin C. Maria Mitchell D. Cecilia Payne-Gaposchkin Check your answer. Liked what you read? Click here to get on the newsletter list!
CNET
an hour ago
- Business
- CNET
Get a Free Worldwide Ubigi eSIM Data Plan for Your Summer Travel
Summer is the time to roam. According to Deloitte, more Americans plan to travel in 2025 than 2024, and a recent poll by Allianz found that 70% of Americans under 35 are planning a summer getaway. With prices rising worldwide, travelers are cutting costs wherever they can — including data, a must-have for local recommendations and easy navigation. But roaming doesn't have to mean roaming fees. One easy way to trim your travel budget is to opt for an eSIM plan like Ubigi, which works seamlessly in over 200 locations worldwide — including 5G in over 60 destinations — all without having to pay your carrier's data fees or switch SIM cards in different countries. For a limited time, Ubigi is offering 500MB of data when you make a free account to try the service, as well as 10% off your first purchase. An eSIM makes crossing borders easy You're probably familiar with a traditional SIM card — that tiny chip you can pop in and out of your phone to switch carriers. When traveling internationally, using a physical SIM means you have to stop and wait in line at airport kiosks or stores to buy a mobile plan and swap out your SIM cards. But with an eSIM, you can skip all that hassle: it loads directly onto your phone. Changing mobile carriers becomes as easy as a tap or a swipe, with no risk of losing your old SIM card. A vacation should feel like a vacation, not a list of errands. But with an eSIM, it's easy to get everything ready before you take off. Make sure your phone is eSIM-compatible and carrier-unlocked, then choose your data plan and install your Ubigi eSIM before boarding your flight. Once you arrive, simply activate mobile data on your Ubigi line, and you'll be all set to find your hotel and discover great local spots to eat. An eSIM gives you more data for less Ubigi offers affordable packages from 1GB to unlimited data, with seamless 5G and 4G coverage in over 200 locations across the world. With Ubigi's SmartStart feature, your eSIM data plan activates only when you arrive and connect to a cell tower at your destination, so there's no risk of your plan starting before you leave. Plus, the app makes adding data on the go as easy as topping up a metro card, with no Wi-Fi or data credits required. Ubigi A travel eSIM provider like Ubigi eliminates any roaming surprises or charges. With Ubigi's data-only service, you only need to focus on gigabytes, no SMS or voice fees to worry about. Their straightforward pricing makes managing your data simple and transparent. Get 500MB of free data for your summer travels today We all know summer passes in a blink. Create your free Ubigiaccount today and receive 500MB of free data, as well as 10% off your first purchase. After that, you're all set to relax, no matter where the journey takes you.
Globe and Mail
an hour ago
- Business
- Globe and Mail
Lucintel Forecasts the Professional Service Robot Market in Australia Market is expected to reach an estimated $69.4 billion by 2031
"According to a market report by Lucintel, the future of the professional service robot market looks promising with opportunities in the construction, agriculture, healthcare, education, industrial & commercial, military & law, and entertainment markets. The professional service robot market is expected to reach an estimated $69.4 billion by 2031 with a CAGR of 21.2% from 2025 to 2031." According to a market report by Lucintel, the future of the professional service robot market looks promising with opportunities in the construction, agriculture, healthcare, education, industrial & commercial, military & law, and entertainment markets. The professional service robot market is expected to reach an estimated $69.4 billion by 2031 with a CAGR of 21.2% from 2025 to 2031. According to a market report by Lucintel, the future of the professional service robot market looks promising with opportunities in the construction, agriculture, healthcare, education, industrial & commercial, military & law, and entertainment markets. The professional service robot market is expected to reach an estimated $69.4 billion by 2031 with a CAGR of 21.2% from 2025 to 2031. The major drivers for this market are the growing use of robots in healthcare, rising improvements in robotics technology, and the increasing utilization of these robots across various industries, such as healthcare, defense, agriculture, logistics, and manufacturing. A more than 150-page report to understand trends, opportunity and forecast in professional service robot market to 2031 by type (medical robots, field robots, defense & security robots, inspection & maintenance robots, entertainment robots, and dome. Lucintel forecasts that, within the type category, the domestic robot segment is expected to witness the highest growth over the forecast period. Download sample by clicking on professional service robot market Within the end use category, the industrial & commercial is expected to witness the highest growth over the forecast period. This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@ To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard. About Lucintel At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: Tel. +1-972-636-5056 Explore Our Latest Publications Professional Service Robot Market in Brazil Professional Service Robot Market in Canada Professional Service Robot Market in Germany Professional Service Robot Market In India Professional Service Robot Market in South Africa Media Contact Company Name: Lucintel Contact Person: Roy Almaguer Email: Send Email Phone: 972.636.5056 Address: 8951 Cypress Waters Blvd., Suite 160 City: Dallas State: TEXAS Country: United States Website:
