Tesla TSLA CEO Elon Musk recently wrapped up his visit to China, sparking speculation about the introduction of the full-self driving (FSD) system in the country. However, this visit comes at a time when China’s auto sector is focusing on hydrogen-powered vehicles with policymakers introducing various incentives and business applications to position China as a global leader in this clean energy.
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Blackstone Inc BX has reached an agreement to acquire Hipgnosis Songs Fund for approximately $1.57 billion, surpassing Apollo Global Management APO backed Concord’s offer in the battle for the music rights owner of artists like Shakira and Red Hot Chili Peppers. Hipgnosis Songs Fund will be acquired by Lyra Bidco Limited, a newly-formed company indirectly wholly-owned by investment funds.
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Many investors are attracted to mortgage real estate investment trusts (REITs) like Annaly Capital Management (NYSE: NLY) for their high dividends, but the reality is that they rarely perform well over extended periods. In this video, we'll discuss two excellent high-dividend stocks that could be a far better fit for your portfolio.*Stock prices used were the afternoon prices of April 25, 2024."
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