Corporate Pride Reversal Is Bad Business
Opinion
A lot of companies have either ended or downgraded their support of Pride Month this year. Bloomberg Opinion columnist Beth Kowitt explains why that doesn't make financial sense. (Source: Bloomberg)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
23 minutes ago
- Yahoo
About Half Of Homeowners Have Regrets About Buying Their Current Home, 'Affordability Issues Rank High On The List Of Regrets'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. It may be a buyer's market right now, but a survey by Bankrate found that 42% of homeowners have regrets about purchasing their current homes. The most common regret is not being aware of how much maintenance and other hidden costs would amount to. Bankrate's Hidden Costs of Homeownership Study found that the average cost associated with owning a home in the U.S. is $21,400 per year. That cost has risen over the last five years as inflation and interest rates have increased, and the market has gotten more competitive. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can Other regrets for homeowners include buying too small or too large a home, overpaying, choosing a bad location, having mortgage rates and mortgage payments that are too high, and not thinking that purchasing a home was a good investment. "For most folks, buying a home is the most expensive transaction of their lifetime," Bankrate Senior Economic Analyst Mark Hamrick said. "After the purchase is complete, we find that affordability issues rank high on the list of regrets. While homeownership is still associated with the proverbial American dream, it is prudent to consider and plan for the many ongoing costs of ownership, not just getting over the threshold of the down payment and settlement." Despite these regrets, 70% of those surveyed said they would repurchase their current home if they had to do it all over again. Meanwhile, 17% said they would not repurchase, and 13% were unsure if they'd make the same decision. Trending: , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Additionally, Bankrate found that home ownership is still a major part of the American Dream for many people. Some 82% of adults say that owning a home is a key part of the American Dream, more so than the ability to retire or have a successful career. Gen Xers and Baby Boomers, in particular, feel that home ownership is a marker of success. "Americans consider homeownership to be the cornerstone of the American Dream, more so than anything else," says Bankrate Chief Financial Analyst Greg McBride. "This belief hasn't wavered and has only gotten stronger despite increasing affordability challenges with a record high percentage of Americans, 82%, citing homeownership as part of the American Dream." The primary reason people cite for wanting to own a home but not being able to do so is affordability. "With household budgets already strained from elevated inflation and so many Americans living paycheck to paycheck, it comes as no surprise that aspiring homeowners point to insufficient income, high home prices and being unable to afford the down payment and closing costs as the major obstacles to homeownership," McBride says. Those hidden fees and maintenance costs only add to the problem. Read Next: With Point, you can Maximize saving for your retirement and cut down on taxes: . Image: Shutterstock This article About Half Of Homeowners Have Regrets About Buying Their Current Home, 'Affordability Issues Rank High On The List Of Regrets' originally appeared on 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
Yahoo
35 minutes ago
- Yahoo
Powell comments, consumer confidence, PCE: What to Watch
Here's what investors are watching next week, starting Monday, June 23. Nike (NKE) will be releasing its fourth quarter results after the market closes on Thursday. Other earnings reports next week include KB Home (KBH), Carnival (CCL), FedEx (FDX), BlackBerry (BB), General Mills (GIS), Micron (MU), and McCormick (MKC). Federal Reserve Chair Jerome Powell will testify for Congress on Tuesday. More Fed commentary will come throughout the week, including from Cleveland Fed president Beth Hammack. June's consumer confidence data will be released Tuesday morning, shedding light on the state of the consumer. Personal Consumption Expenditures (PCE) data — the Fed's preferred inflation gauge — for the month of May will be out on Friday. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
Pure-Play Quantum in Focus: IONQ, QBTS Shine, RGTI a Wait-and-See
Quantum computing has long promised a leap in processing power beyond classical limits. The spotlight on this niche sector has intensified recently, with NVIDIA's NVDA CEO Jensen Huang declaring that quantum computing is reaching an 'inflection point,' a sharp shift from his earlier stance that practical use was decades away. Meanwhile, International Business Machines IBM unveiled an ambitious roadmap targeting a large-scale, fault-tolerant quantum computer (codenamed Starling) by 2029. Against this backdrop, investors are increasingly exploring pure-play opportunities in the sector. Three publicly listed quantum firms, IonQ IONQ, D-Wave Quantum QBTS and Rigetti Computing RGTI, have emerged with their distinct strategies and progress. Their last-reported first-quarter 2025 earnings reveal how each is advancing on technology, revenues and financial stability. Image Source: Zacks Investment Research Let's delve deeper. One of IonQ's recent milestones is the $22 million sale of 50% compute capacity from its Forte Enterprise system to EPB Chattanooga, marking the industry's first commercial deployment that combines a quantum network and quantum computer. IonQ announced a series of strategic acquisitions to strengthen its technological edge — the $1.1 billion acquisition of Oxford Ionics (noted outside the earnings call) and the planned purchases of Lightsynq and Capella, which are expected to enhance capabilities in photonic interconnects, quantum repeaters and space-based quantum communication. The company also signed MOUs with Toyota Tsusho, Japan's AIST (G-QuAT division), and satellite tech firm Intellian to explore quantum key distribution in space. IonQ was also selected to participate in DARPA's Quantum Benchmarking Initiative, further validating its leadership in advancing measurable quantum performance. This Zacks Rank #2 (Buy) stock is currently trading 27.6% below its 52-week high of $54.74, which offers a potential upside for new buyers. The Zacks Consensus Estimate for IonQ's 2025 earnings implies a 69.9% improvement over 2024. Image Source: Zacks Investment Research D-Wave Quantum, known for its annealing-based quantum systems, delivered strong first-quarter 2025 financial performance and achieved technical milestones. The company's first-quarter revenues were up 509% year over year, driven largely by a system sale to the Julich Supercomputing Center. Adjusted gross margin surged to 93.6%, while net loss narrowed to $5.4 million, the company's lowest since going public. On the technology front, D-Wave claimed quantum supremacy by simulating a magnetic material problem that would take even the world's most powerful classical supercomputer millions of years to solve. Its new Advantage2 system, featuring over 4,400 qubits, a 40% increase in energy scale, and enhanced 20-way qubit connectivity, showcased substantial performance gains. QBTS, a Zacks Rank #2 stock, is currently trading 20.5% below its 52-week high of $19.76. The Zacks Consensus Estimate for D-Wave's 2025 earnings implies a 72% improvement year over year. Image Source: Zacks Investment Research Rigetti Computing is advancing with its gate-based superconducting quantum architecture, prioritizing scalability and error correction. Key wins include selection for DARPA's Quantum Benchmarking Initiative and a $5.48 million AFOSR-led project to advance its ABAA chip fabrication technology. In the United Kingdom, Rigetti secured three Quantum Mission Pilot Awards focused on real-time quantum error correction with partners like Riverlane and NQCC. A research breakthrough, published in Nature Physics, demonstrated optical control of superconducting qubits, potentially easing cryogenic scaling constraints. However, compared to the other two startups, investors are a bit apprehensive about the stock's near-term growth momentum. This is because its first-quarter 2025 revenues declined to $1.5 million from $3.1 million in the year-ago period. Gross margin was 30%, down from 49% in the year-ago period. Despite near-term challenges, RGTI's sustained R&D momentum and strategic backing signal potential for massive growth as the industry matures. This stock is currently trading 47% below its 52-week high of $21.42. The Zacks Consensus Estimate for Rigetti's 2025 earnings implies an 86.1% improvement year over year. Image Source: Zacks Investment Research Given the current momentum and first-quarter performance, IonQ and D-Wave Quantum stand out as the stronger investment options among the three. Both companies have achieved significant technical and financial milestones, including major system sales, strategic partnerships and strong revenue growth. While IonQ is gaining strength through acquisitions, D-Wave is demonstrating quantum supremacy. In contrast, Rigetti, with a Zacks Rank #4 (Sell), is facing revenue declines and margin compression, making it a less favorable choice for near-term investors despite its long-term potential. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report International Business Machines Corporation (IBM) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report IonQ, Inc. (IONQ) : Free Stock Analysis Report Rigetti Computing, Inc. (RGTI) : Free Stock Analysis Report D-Wave Quantum Inc. (QBTS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
