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Elon Musk Makes Big Announcement About New Technology

Elon Musk Makes Big Announcement About New Technology

Yahoo18 hours ago

The neurotechnology company co-founded by Elon Musk, Neuralink, is set for what could be world-changing human trials soon.
Musk recently revealed that Neuralink will begin human trials for the company's first implants for vision within the next year.
"In the next six to 12 months, we'll be doing our first implants for vision, where even if somebody is completely blind, we can write directly to the visual cortex," Musk said to Y Combinator on Thursday.
Neuralink has already tested the implant on a monkey, and Musk says that the animal has had it for three years. He adds that the vision offered from the implant would be in low resolution at first, but will improve over time.
"Long term, it'll be very high resolution and you'll be able to see multi-spectral wavelengths," Musk revealed.
Musk said back in April that the vision of the people who use the implant "will exceed the best human eyes."
The "Blindsight" implant will enable its users to see ultraviolet rays, infrared and radar "like a superpower situation," the Tesla CEO added.
Neuralink's brain-computer interface (BCI) has already seen some success. The BCI was inserted into the brain of Noland Arbaugh, a paralyzed man who is now able to control computers with his thoughts thanks to the technology.Elon Musk Makes Big Announcement About New Technology first appeared on Men's Journal on Jun 21, 2025

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Intact Financial Corporation's (TSE:IFC) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Intact Financial Corporation's (TSE:IFC) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

Yahoo

time33 minutes ago

  • Yahoo

Intact Financial Corporation's (TSE:IFC) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

Intact Financial's (TSE:IFC) stock up by 7.6% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Particularly, we will be paying attention to Intact Financial's ROE today. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Put another way, it reveals the company's success at turning shareholder investments into profits. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Intact Financial is: 12% = CA$2.3b ÷ CA$19b (Based on the trailing twelve months to March 2025). The 'return' is the amount earned after tax over the last twelve months. That means that for every CA$1 worth of shareholders' equity, the company generated CA$0.12 in profit. Check out our latest analysis for Intact Financial So far, we've learned that ROE is a measure of a company's profitability. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics. To begin with, Intact Financial seems to have a respectable ROE. Even when compared to the industry average of 12% the company's ROE looks quite decent. This probably goes some way in explaining Intact Financial's moderate 12% growth over the past five years amongst other factors. We then compared Intact Financial's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 9.4% in the same 5-year period. Earnings growth is a huge factor in stock valuation. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. Has the market priced in the future outlook for IFC? You can find out in our latest intrinsic value infographic research report. Intact Financial has a healthy combination of a moderate three-year median payout ratio of 40% (or a retention ratio of 60%) and a respectable amount of growth in earnings as we saw above, meaning that the company has been making efficient use of its profits. Besides, Intact Financial has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders. Upon studying the latest analysts' consensus data, we found that the company's future payout ratio is expected to drop to 32% over the next three years. As a result, the expected drop in Intact Financial's payout ratio explains the anticipated rise in the company's future ROE to 16%, over the same period. On the whole, we feel that Intact Financial's performance has been quite good. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. That being so, a study of the latest analyst forecasts show that the company is expected to see a slowdown in its future earnings growth. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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

1 Magnificent Growth Stock to Own for the Next Decade
1 Magnificent Growth Stock to Own for the Next Decade

Yahoo

time38 minutes ago

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1 Magnificent Growth Stock to Own for the Next Decade

Written by Adam Othman at The Motley Fool Canada If you are new to it and are just starting to invest in the stock market, you might be wondering about investing in companies that make headlines about making people a ton of money. Most of the time, these growth stocks belong to the tech sector. However, the tech stock meltdown a few years ago has made the space a little too risky for many investors to consider. That said, there are still opportunities to invest and get great returns. The key is to invest in high-quality growth stocks by studying the fundamentals and identifying the long-term winners. While there are plenty of undervalued tech stocks up for grabs for this purpose, I will discuss a stock in an entirely different segment of the economy: retail. Aritzia (TSX:ATZ), if you have been following the stock, is an interesting prospect to consider for growth-seeking investors. Aritzia is a $7.72 billion market-cap integrated design house of exclusive fashion brands. The company designs apparel and accessories for its extensive collection. Retail sales in the U.S. and Canada account for most of its revenue, while it generates significant cash flows from e-commerce sales. The company has built a solid presence in the online space and has around 130 boutiques across North America. Its customer base in the U.S. has been growing over the years, and that is the kind of lucrative market that can make it a solid long-term winner. The company's recent financials paint a clearer picture of where the stock might be heading. For the quarter ending in February 2025, Aritzia's revenue jumped by a massive 31% from the same quarter in the previous year. The company's e-commerce sales picked up pace, growing by 42% in the same period. The company also doubled its adjusted earnings per share, and its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin improved to 18% from 10.6% in the previous year. As of this writing, Aritzia stock trades for $67.44 per share. It is up by a massive 87.72% from its 52-week low levels. The company's investments in expanding its retail operations, digital marketing efforts, and improvements in the supply chain are paying off. The upward trend in its share prices reflects the success of its strategy. The company looks well-positioned to stay relevant and keep growing in the years ahead. This means that, barring short-term headwinds due to macroeconomic factors, ATZ stock looks like a strong long-term winner to consider adding to your self-directed investment portfolio. Instead of chasing all the noise in the market, it is better to focus on businesses that look likely to expand, evolve, and become long-term winners. The real key to success as a stock market investor is having a long investment horizon. To this end, Aritzia stock might be a good choice for your self-directed investment portfolio. If you buy and hold shares of Aritzia stock in a Tax-Free Savings Account (TFSA), you can set yourself up for significant and tax-free wealth growth over the years. The post 1 Magnificent Growth Stock to Own for the Next Decade appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Adam Othman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Aritzia. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio

Geopolitical Market Risk: Israel-Iran War & Oil
Geopolitical Market Risk: Israel-Iran War & Oil

Forbes

time38 minutes ago

  • Forbes

Geopolitical Market Risk: Israel-Iran War & Oil

With the US striking Iranian nuclear sites, there is a concern that a spreading conflict could ... More impact oil supply and thus choke global economic growth. This piece examines the impact of past geopolitical events on markets and the potential US economic implications of the Israel-Iran conflict. Vector illustration Beyond the obvious humanitarian tragedy that surrounds any armed conflict, the Israel-Iran war has crucial possible implications for the global economy. With the US striking Iranian nuclear sites, there is a concern that a spreading conflict could impact oil supply and thus choke global economic growth. This piece will examine the impact of past geopolitical events on markets and the potential implications of the Israel-Iran conflict. Past Geopolitical Events When Iraq invaded Kuwait in August 1990, there were some similar concerns to today. The S&P 500 was down 3.3% in the week following and took months to recover. By the following year, stocks were over 10% higher. The backdrop was quite different from today, though, with the US in the midst of a recession and the Savings & Loan crisis. To be clear, even though they are luckily in the minority, there are events like World War Two or September 11, where markets are significantly lower a year after the initiation of hostilities. Stock Performance After 29 Major Geopolitical Events Recent Market Performance Since the start of the current Israel-Iran hostilities on June 13, the S&P 500 has been 1.2% lower. Stocks were little changed last week. The S&P 500 is 2.9% below its mid-February high, having declined by almost 20%. The Magnificent 7, comprising Microsoft (MSFT), Meta Platforms (META), (AMZN), Apple (AAPL), NVIDIA (NVDA), Alphabet (GOOGL), and Tesla (TSLA), has recovered to 8.7% below its mid-December level. Market Returns Oil Prices Since the war began on June 12, the price of WTI crude oil has increased by 10.1%. Since energy, with oil being a significant part of that mix, is a key fuel for all economic growth, past spikes in oil prices have been associated with economic downturns. On the surface, the increase in prices does not seem extreme enough to collapse economic activity. The price remains well below the 2022 spike on both a nominal and, more importantly, inflation-adjusted basis. Oil Prices Consumer Impact Notably, the US and the world have become much more efficient in the utilization of energy. This improved efficiency has translated into a lower proportion of consumer spending allocated to energy, even at the same oil price. In other words, consumers are less negatively affected by oil price increases than in the past. Percent Of Total Spending On Energy To be clear, higher oil prices are still felt by the consumer. One need only think back to the adverse reaction to high gasoline prices in 2022 to prove the point. Furthermore, like tariffs, the higher oil and gasoline prices weigh more heavily on lower-income households than on higher-income households, as they spend a larger percentage of their income on energy. US Retail Gasoline Prices US Oil Production Fracking changed the story of US oil production more than many appreciate. US domestic oil production began to decline in the 1970s and reached its lowest point in 2008. Since then, fracking has led to production surging to all-time highs. US Domestic Crude Oil Production The US has now become the Saudi Arabia of oil! While Saudi Arabia's share of the global crude oil production has remained reasonably constant at around 12%, the US has increased from providing about 8% of the global oil supply to over 20%. Share Of Global Crude Oil Production US Economic Impact In the past, the automatic answer was that the US economy suffered a net loss when oil prices were higher. Consider that without significant domestic production, the US economy was primarily seeing higher prices without benefiting from the oil price increase. With the surge in US production, the increase in oil prices is likely to be neutral for the US economy. This less US economic harm isn't to imply that a spike in oil prices would be an optimal situation for the economy or markets. Consider higher oil prices as a general reallocation of profits from other industries to the energy sector. This profit reallocation is not typically healthy for overall stock market performance. Economic Impact Of US Oil Production US Households The recent release of US household net worth presents a relatively optimistic picture in aggregate, with net worth only slightly below all-time highs. US Household Net Worth: 1Q 2025 While it is correct for pessimists to point to rising US consumer debt levels since the pandemic lows, the ability of households to handle that debt remains at better-than-pre-pandemic levels. US Household Debt Levels Further to rising consumer debt, credit card debt has also increased, but delinquencies remain below pre-pandemic levels. Credit Card Delinquencies Overall, US households are in a reasonable financial position to withstand an increase in oil prices. Much of the positive story relies on the US labor market remaining resilient. There are signs, as indicated by slowing payroll job growth and rising continuing claims for unemployment benefits, that the job situation is deteriorating. As noted previously, a rise in oil prices disproportionately negatively impacts lower-income households, who are already struggling with the elevated inflation of recent years. Federal Reserve As expected, the Federal Reserve made no change to short-term interest rates last week. The meeting continued the trend of the central bank holding steady under 'elevated' uncertainty about the economic outlook. The updated median estimates from the Fed still call for two rate cuts this year. Under the surface, the forecast showed a considerable difference in opinions among members, with seven expecting no cuts in 2025 and ten forecasting two or more cuts. To underscore the lack of conviction in the outlooks, Chair Powell said, 'No one holds these rate paths with a great deal of conviction.' Markets currently expect two 25-basis-point (0.25%) Fed cuts in 2025, consistent with the median Fed projection. There is little chance of a cut in July. Instead, the first move lower in 2025 is expected in September. Number Of Expected Fed Rate Cuts Betting Odds The betting market priced in slightly higher odds of a recession in 2025 following the beginning of the bombing of Iran. This relatively small increase in recession risk is consistent with the decline in stock prices. Notably, markets currently project a relatively low risk of a US recession, which is consistent with the fundamental health of the US economy and its current resilience to higher oil prices. Betting Odds Of 2025 US Recession Conclusions The primary economic risk of the Israel-Iran conflict is the potential threat to oil supplies, which could lead to significantly higher oil prices. Higher oil prices are a headwind to global growth. While higher oil prices are a significant drag on many sectors within the US economy, the profits from US oil production provide a positive offset. Within industries, high energy prices reallocate profits from other sectors to the energy sector. Stocks within the energy sector tend to outperform when oil prices rise and underperform when they fall. S&P 500 Energy Sector Relative Performance Warren Buffett's Berkshire Hathaway has a significant allocation to energy stocks, which account for approximately 11% of the publicly traded stock portfolio, compared to a little over 3% of the S&P 500. Berkshire controls almost 27% of the outstanding shares in Occidental Petroleum (OXY), which, combined with its Chevron (CVX) position, results in a significant overweight in the energy sector. A deeper analysis of the probable reasons behind the Occidental purchase can be found here. Buffett has noted that energy investments are a bet on oil prices over the long term. Based on past geopolitical conflicts, investors should be prepared for pressure on stocks at the start of any widening conflict. While the timing is always unclear, stocks have rebounded as the uncertainty surrounding the events waned. If energy stocks aren't already part of their diversified portfolio, investors should consider allocating some portion of their portfolio to energy stocks. The energy sector is expected to benefit from rising oil prices, providing some offset to the pressure on other industries.

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