Wall Street analysts are predicting solid gains for the S&P 500 by year-end, driven by Federal Reserve interest-rate cuts, megacap tech stocks, and robust corporate-earnings growth. The S&P 500 has produced 30 record closes this year, with a 13.4% gain in 2024. Earnings growth is forecast at 10.7% for the second quarter and 14.2% in 2025.
Open FlipProton, a Swiss-based tech company, is transitioning to a new non-profit foundation model, following Signal and Mozilla's path. This shift will allow Proton to maintain its independence and commit to its mission of protecting online privacy. Financially, this move will enable Proton to allocate more resources to developing its products, such as ProtonMail and ProtonVPN, and increase transparency.
Open FlipSteelcase Inc. is set to release Q1 earnings, with analysts expecting a 10-cent EPS and $729.13 million revenue. With a 3.23% annual dividend yield, investors can earn $500/month or $6,000/year by investing around $186,000 or 15,000 shares, or $100/month or $1,200/year with a $37,200 investment or 3,000 shares.
Open Flip