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At This Point, Micron Stock Looks Pretty Much Unstoppable

Micron Technology Inc. (NASDAQ:MU) did it again. Strong earnings, and a stronger forecast from CEO Sanjay Mehotra, continued to power Micron stock upward, but bears won’t let it go past the fundamentals so the memory chip maker is still a buy. On June 20 Micron reported net income of $3.823 billion, $3.10 per share, on revenue of $7.8 billion for the quarter. This compares to earnings of $1.65 billion, $1.40 per share, and revenues of $5.56 billion a year ago. …read more […]

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Apple has strong words for anyone who wants to 'jailbreak' their iPhone to run unauthorized apps (AAPL)

Some iPhone enthusiasts like to hack their own devices to apply tweaks and other unauthorized features.Apple says you shouldn’t do that. Not only can jailbreaking make your iPhone run worse, and leave it more vulnerable to hackers — it can make it ineligible for service at Apple stores. …read more […]

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How Classic Cars Could Turbocharge Your Asset Allocation

You’ve heard us say it before: Asset allocation is responsible for up to 90% of your long-term investment returns.

To get the most out of your portfolio, you need to sensibly divide it between U.S. stocks, foreign stocks, bonds, precious metals and other asset classes.

And as you can see from this week’s chart, classic cars are an unexpectedly good way to diversify your investments. In fact, they’ve beaten the S&P 500’s returns over the last decade.

How Classic Car Investing Works

A classic car is an example of a rare tangible asset – that’s a physical investment with aesthetic or collectible value.

Many cars …read more […]

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First lady’s ‘don’t care’ jacket is a gift to memers online

Perhaps one day first lady Melania Trump will use her own words to illuminate her fashion “don’t care” message. Tony European labels have been more Mrs. Trump’s de rigueur, until Thursday’s trip to a Texas center housing some of the more than 2,300 migrant children sent there after their families entered the U.S. illegally. When the first lady left Washington and returned, it was in the Zara jacket with the message heard ’round the interwebs scrawled graffiti-style in white block letters on the back. …read more […]