• Millennials think Gen Z is lazy — but secretly wish they could say ‘no’ too

    A calendar with times blocked out in the shape of an X
    Experts say Gen Zers are more likely to advocate for work-life balance.

    • Millennials and Gen X have been known to call out their younger colleagues for their work ethic.
    • But some envy Gen Z's ability to say "no" in the workplace, and prioritize a work-life balance.
    • Gen Z has seen that following the workplace status quo hasn't always worked out for their older colleagues.

    Actress Jodie Foster made headlines earlier this year when she called Gen Z "really annoying, especially in the workplace." She targeted their lackluster attitude to showing up to work and their inability to write professional-sounding emails.

    But she's now admitted that she's envious of Gen Z's key skill: the ability to say "no" in the workplace.

    "That's what is good about this new generation. They're very comfortable saying no, setting boundaries, and going, 'I don't like that, and I want to do this,'" Foster said during a Hollywood Reporter roundtable. "I didn't know that was possible."

    And she's not alone in admiring the young people's ability to speak out in the workplace.

    Gen Z's attitude to work

    A young female freelancer influencer in glasses and fashionable casual clothes works online remotely using a laptop while sitting on the stairs in a shopping mall in a public place.
    Gen Z is trying to reject the burnout culture that afflicted prior generations.

    Millennials and Gen Xers have been rattled by Gen Z's work ethic: from skipping morning meetings to attend fitness classes, to refusing to work long hours, to asking about work-life balance in job interviews.

    But in reality, this generation has seen what burnout culture did to the generations before them, and they're putting their foot down.

    More Gen Zers are adopting an attitude of "work to live" instead of "live to work," future-of-work expert Ravin Jesuthasan previously told Business Insider. That means standing up for themselves to employers and, in some cases, refusing to do more work than is necessary — known as quiet quitting.

    "Gen Zers are more likely to advocate for their rights, work-life balance, and their personal values in the workplace," Dan Schawbel, future-of-work expert and a managing partner at Workplace Intelligence, told Business Insider.

    "If no one listens, then they choose action over complaints," Sophie O'Brien, a Gen Z hiring expert and the founder of the recruitment agency Pollen Careers, told BI.

    "They question why we do things the way they do, not to defy authority, but to see if there are better ways," she added.

    Intergenerational tensions

    Two people talking in an office
    Gen Z is challenging workplace norms, which can be unsettling for older generations.

    Older generations have spent their careers paying their dues, which can breed tension when the younger generation refuses to do the same.

    Millennials and Gen X were more inclined to follow established hierarchies. "They're often taught to 'pay their dues' and be more deferential to authority figures or senior colleagues," Schawbel explained.

    He added that this can lead senior employees to perceive Gen Zers as "entitled, impatient, or disrespectful of established norms."

    Seeing Gen Z challenge these norms can be unsettling for older generations who may fear change.

    "There was a sense of 'this is how things are done, these are the expectations, this is how you earn your stripes,' and they just got on with it," Alice Stapleton, a UK-based career change coach, told Business Insider.

    "Perhaps some wish they'd had the courage to stand up for themselves at that age, especially if they're now feeling burned out and resentful at how their career has panned out since," she added.

    Gen Z is showing older generations that there is a different way to work

    people carrying pro-union signs
    Young people have been taking to TikTok to spread pro-union messages and to educate workers about their rights.

    Gen Zers have seen from previous generations that the status quo hasn't wielded the results they were promised.

    Millennials were sold on a promise that landing a job and clocking the hours would lead to high salaries and a steady climb up the ladder, only to be met with layoffs and dwindling work benefits.

    Gen Z doesn't want to fall victim to the same fate. Even if that means job-hopping.

    "Instead of suffering in a job that doesn't align with their values, they'd rather leave than endure it just for a paycheck," O'Brien said. "This attitude is forcing the hand of organizations who want to attract Gen Zs."

    Growing up with the internet and social media has made this generation acutely aware of injustice, and they're bringing this awareness to the workplace.

    Groups of young people, like the youth-led nonprofit Gen Z for Change, have taken to TikTok to spread pro-union messages and educate their peers about their worker rights.

    And that's helped fuel Gen Z's confidence to put their foot down when they spot workplace injustice.

    But Gen Z isn't a monolith

    Every generation that reaches adulthood in society is put under a microscope — we've seen it with millennials and even generations before, O'Brien explained. "But when it comes to Gen Z, a noticeable difference I see is that they choose action, so it almost forces change," she said.

    That's not to say all Gen Zers are comfortable with confrontation; in fact, many experience more anxiety in the workplace.

    Stapleton said that some of the Gen Z clients she works with still struggle with assertiveness and have concerns over how employers will respond to them saying no.

    But as a generation, she said, they are much more willing to speak up if something feels unfair or unreasonable.

    "Gen Z is showing that there is a different way, and that doesn't always go down too well with the previous generation," Stapleton told BI.

    Read the original article on Business Insider
  • 3 under the radar ASX shares to buy this month

    A female ASX investor looks through a magnifying glass that enlarges her eye and holds her hand to her face with her mouth open as if looking at something of great interest or surprise.

    Sometimes there can be great investment opportunities hidden in plain sight.

    Three such examples could be the ASX shares in this article.

    They may not get much attention from investors, but they could generate good returns for them according to analysts at Bell Potter.

    Here’s what the broker is saying about these under the radar shares:

    Australian Foundation Investment Co Ltd (ASX: AFI)

    Bell Potter thinks that this investment company could be a great option for investors.

    It has recently spoken very highly about the company’s investment strategy and appears to believe it will underpin great returns for investors. It said:

    Australian Foundation Investment Co is a closed end fund investing predominantly in Australian and New Zealand equities. The investment philosophy seeks to identify well-priced priced companies by considering: (1) the uniqueness of assets, brands and footprints; (2) long-term sustainability characteristics, return on invested capital and the ability to grow or maintain market share; (3) recurring revenues and the likelihood of consistent earnings for shareholders; (4) confidence in the pedigree of the Board and management team; and (5) lowly geared balance sheets. The long-term buy-and-hold approach results in a low level of capital gains tax payable, and the provision of internal investment resourcing keeps the cost base low with scale (0.14% MER).

    Bell Potter has a buy rating and $7.72 price target on its shares. This implies potential upside of 7.2%. A 3.2% dividend yield is also expected by the broker.

    IPD Group Ltd (ASX: IPG)

    Another under the radar ASX share for investors to look at buying is IPD Group. It is a leading distributor of electrical equipment and industrial digital technologies.

    Bell Potter believes that the company is well-placed to benefit from the electrification trend. It explains:

    We view IPG as a high-quality play on the electrification growth trend which is emerging as a dominant market narrative. Our favourable investment thesis is based on three key points: (1) product volumes being driven by refurbishment/ upgrade of existing infrastructure and by virtue of relatively low demand risk; (2) IPD’s large turnaround opportunity with a globally leading manufacturer in ABB (market share in Australia of 5-10% compares to Europe of 20-30%); and (3) IPD’s electric vehicle charging opportunity reaching a tipping point in FY24e. Australia is set for a $650m public fast charging investment cycle by 2027 and IPD is engaged with a number of players who we expect to lead this transition (e.g. service station chains and network operators).

    Bell Potter has a buy rating and $5.60 price target on its shares. This suggests that upside of 31% is possible over the next 12 months.

    Regal Partners Ltd (ASX: RPL)

    A third ASX share that could be flying under the radar is Regal Partners. It was formed in 2022 following the merger of Regal Funds Management and VGI Partners.

    Regal Partners manages a broad range of investment strategies covering long/short equities, private markets, real and natural assets, and credit and royalties on behalf of institutions, family offices, charitable groups, and private investors.

    Bell Potter believes the company’s positive performance and outlook is not reflected in its share price. It said:

    In recent years the firm has expanded rapidly through strong investment performance, net flows into its funds, launches of new funds, and the acquisition or merger with VGI Partners, PM Capital and Taurus. We continue to favour RPL, given its strong organic & inorganic growth potential, and entrepreneurial culture. In the last six months, and following the recent acquisition of PM Capital and Taurus (50%), the firm has shown an acceleration of inflows, strong investment performance (which will give rise to performance fees) and success in marketing new funds. We feel this strong performance is not reflected in the share price and see considerable upside.

    The broker has a buy rating and $4.02 price target on its shares. This implies potential upside of 11% for investors. It is also forecasting a ~4.7% dividend yield.

    The post 3 under the radar ASX shares to buy this month appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Australian Foundation Investment Company Limited right now?

    Before you buy Australian Foundation Investment Company Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Australian Foundation Investment Company Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See The 5 Stocks
    *Returns as of 5 May 2024

    More reading

    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Ipd Group. The Motley Fool Australia has positions in and has recommended Ipd Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Sam Altman is actually winning despite all the OpenAI drama

    sam altman
    • OpenAI is facing a wave of controversy over safety concerns and its commitment to responsible AI.
    • But CEO Sam Altman keeps racking up wins regardless.
    • According to The Information, Altman told staff the company's annualized revenue was $3.4 billion.

    Nothing seems to stop the AI boy king.

    Amid a torrent of bad publicity surrounding artificial intelligence startup OpenAI, the company's wunderkind CEO, Sam Altman, stays winning.

    The Information reported Wednesday, that Altman recently told OpenAI staff the company's annualized revenue was $3.4 billion. Bloomberg, citing an unnamed source, confirmed this number. The startup's annualized revenue was $1.6 billion in late 2023, according to a previous report from The Information.

    The company's rapid growth suggests OpenAI is still the gold standard for AI innovation even as competition heats up in the sector. OpenAI was most recently valued at around $86 billion.

    A representative for OpenAI did not immediately respond to a request for comment from Business Insider but told The Information that the reported financial details were "inaccurate" without offering further information.

    While the majority of OpenAI's revenue comes from subscriptions to its chatbots, the company also pockets money from its Microsoft partnership, which brings in about $200 million annually, Altman told employees, per The Information.

    Reporting on OpenAI's revenue growth comes just two days after Apple announced an anticipated AI partnership with the company. The collaboration will integrate OpenAI's ChatGPT with Apple's new and improved Siri feature, introducing the chatbot to billions of devices if users opt into the integration.

    Neither company is expected to make direct revenue as a result of the agreement, Bloomberg reported on Wednesday, citing people familiar with the deal who said Apple thinks introducing OpenAI technology to its devices is a fair enough price to pay.

    Following Apple's Worldwide Development Conference on Monday, BI's Alex Bitter posited that Altman was the real winner of the global tech conference. The Apple partnership represents a huge endorsement of both OpenAI and Altman at a time when the startup is facing scrutiny over its commitment to safety.

    Earlier this month, a group of current and former OpenAI employees went public in a New York Times report with concerns about the company's financial motivations and approach to safety. The whistleblowers accused OpenAI of making false promises over its commitment to developing responsible AI, suggesting the company has prioritized growth and profits over safety.

    Multiple high-profile employees have also left OpenAI in recent months, including Jan Leike, who oversaw the company's superalignment strategy, and chief scientist Ilya Sustkever, who expressed concerns about Altman's leadership last year, according to reports.

    OpenAI has also found itself entangled in conflict with Hollywood A-lister Scarlett Johansson, who skewered the company for launching a new AI model with a voice that sounds suspiciously like hers. The company denied that it meant to impersonate Johansson's voice, but the similarities were stark, and Altman exacerbated the situation by posting "her" on X in an apparent reference to the 2013 Johansson film by the same name in which she voices an AI virtual assistant.

    But even as controversy swirls around OpenAI, the company keeps racking up wins. Maribel Lopez, an AI analyst and founder of research and strategy consulting firm Lopez Research, attributed Altman's teflon-like success to a series of smart business decisions the 39-year-old CEO has made.

    "OpenAI was largely ahead on foundation models. They're perceived as having had it longer and doing it well," Lopez told BI, referring to the company's GPT models.

    "The second reason is their relationship with Microsoft, which gives people confidence that they might be enterprise-ready," Lopez added, referencing the standard that many models must meet for adoption.

    OpenAI's new partnership with Apple has only increased the company's reputation and power in the industry, she said.

    On Monday, Apple CEO Tim Cook praised OpenAI for ChatGPT's "world knowledge," calling the company the "best" in the business.

    Read the original article on Business Insider
  • Apple isn’t paying OpenAI for access to ChatGPT: report

    Sam Altman and Tim Cook in separate photos
    OpenAI CEO Sam Altman and Apple CEO Tim Cook.

    • Apple will use OpenAI's ChatGPT, but neither party will pay the other, per Bloomberg.
    • People familiar with the deal said neither company is expected to generate revenue from it right now.
    • Apple may also introduce similar chatbot partnerships with Google's Gemini and Anthropic.

    Apple announced on Monday that it would integrate OpenAI's ChatGPT into its devices. However, people familiar with the deal told Bloomberg that the iPhone maker won't pay OpenAI to use its product.

    Instead, Apple thinks the new deal will bring OpenAI's technology closer to hundreds of millions of users and will be of equal or greater value than a cash payment, Bloomberg's sources told the outlet.

    However, the sources said this alliance between Apple and OpenAI isn't expected to generate meaningful revenue for either company yet.

    The deal could still be a win for both parties. Apple, for one, would benefit from offering users access to an advanced AI chatbot.

    And OpenAI stands to reap the benefits of access to Apple's vast platform. Being integrated into devices means it will reach millions of Apple users, some of whom may upgrade to paid ChatGPT versions, access to which starts at $20 a month.

    OpenAI and Apple did not immediately respond to requests for comment from Business Insider sent outside regular business hours.

    Still, OpenAI may be getting a pretty good deal. That's considering that partnering with Apple doesn't often come free — Google in 2022 paid the company $20 billion to have its search engine be the default on iPhones and other Apple devices.

    The extent of OpenAi's access to Apple users is also fairly extensive. At its Worldwide Developer's Conference on Monday, Apple announced that it would add ChatGPT to its iPhone, iPad, and Mac products. Users will have access to writing tools, document reading, and image generation without switching between apps.

    The tech giant also plans to integrate ChatGPT with Siri, the digital assistant built into Apple devices. Users can opt out of the integration and decide if they want Siri to send their queries to ChatGPT.

    Apple's WWDC keynote, which also discussed its in-house Apple Intelligence offerings, provided relief to investors who worried that the company was falling behind in the AI race.

    Analysts reacting to the OpenAI deal also predicted that the tie-up may dilute Apple's revenue, at least in the near term.

    For one, analysts at Bernstein wrote after the WWDC keynote that while revenue sharing could benefit both firms, "some possible migration from traditional search queries" may still affect Apple's returns on the investment.

    That said, Apple may also introduce similar partnerships with other chatbots.

    Top Apple executive Craig Federighi also said at the WWDC keynote that Apple's looking to cut a deal with Google to use its Gemini AI model.

    Apple has also held talks with Anthropic for a potential chatbot deal, people familiar with the matter told Bloomberg in March.

    Read the original article on Business Insider
  • Where could the Pilbara Minerals share price be in 12 months?

    A man in his 30s with a clipped beard sits at his laptop on a desk with one finger to the side of his face and his chin resting on his thumb as he looks concerned while staring at his computer screen.

    The Pilbara Minerals Ltd (ASX: PLS) share price has just endured another red day.

    The lithium miner’s shares ended the session 2.5% lower at $3.32.

    This latest decline means that that lithium giant’s shares are now down 30% over the last 12 months.

    It also leaves them trading within sight of their 52-week low of $3.10 and a long way from their 52-week high of $5.43.

    But what about the next 12 months? Could things be better for the Pilbara Minerals’ share price and its shareholders? Let’s find out.

    Where could the Pilbara Minerals share price be in 12 months?

    Firstly, the main driver of the company’s share price performance from here will be the lithium price.

    If the price of the white metal rebounds strongly, then its shares could hurtle higher. However, the general consensus is that lithium will be staying lower for the foreseeable future.

    As a result, the broker community is feeling reasonably apathetic about the Pilbara Minerals share price right now.

    For example, in the bear corner, Goldman Sachs is currently tipping its shares as a sell with a $2.80 price target. This implies potential downside of almost 16% for investors from current levels.

    UBS is feeling a touch more bearish and has a sell rating and $2.70 price target on its shares, which suggests that they could fall almost 19%.

    But there’s reason for optimism.

    Value could be emerging

    The Pilbara Minerals share price has fallen so much recently that some neutral brokers are now seeing a lot of value emerging. This could be good news for its shares over the next 12 months.

    One of those brokers is Macquarie. Last month, its analysts reaffirmed their neutral rating and $4.20 price target on the company’s shares.

    This price target implies potential upside of almost 27% for investors from current levels. That’s better than the potential returns on offer with some buy-rated shares!

    It is a similar story at Morgans. Although the broker downgraded the Pilbara Minerals share price to a hold rating in April, its price target of $4.10 is now materially higher than where its shares trade. So much so, investors would generate a 23% return if its shares were to rise to that level.

    Unfortunately, it is impossible to say with certainty where the lithium giant’s share price will be in 12 months. But there’s certainly potential for it to be meaningfully higher than where it trades today. But conversely, as you can see above, it could also be materially lower. Time will ultimately tell which brokers have made the right call.

    The post Where could the Pilbara Minerals share price be in 12 months? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Pilbara Minerals Limited right now?

    Before you buy Pilbara Minerals Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Pilbara Minerals Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See The 5 Stocks
    *Returns as of 5 May 2024

    More reading

    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group and Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Undaunted by fresh scandals, Elon Musk is celebrating what he says is an early triumph in the Tesla shareholder vote

    Elon Musk laughing
    Elon Musk.

    • The final results of Tesla's shareholder vote aren't out yet but Elon Musk is celebrating already.
    • Musk said the proposals on his pay deal and to reincorporate in Texas are "passing by wide margins."
    • Winning the vote would be a huge boost for Musk, who was hit with fresh scandals this week.

    It's been a pretty rough week for Elon Musk.

    Besides watching his rival Sam Altman get a leg-up in the AI race with the AppleOpenAI team-up, Musk was also hit by a sprawling piece from The Wall Street Journal — and a bombshell lawsuit — both of which contained new allegations about his behavior with staffers at SpaceX.

    But it looks like something is finally going his way.

    The billionaire said on Wednesday night that the shareholder votes to pass his $56 billion pay package and to reincorporate Tesla in Texas are "passing by wide margins."

    "Thanks for your support!!" Musk said in an X post.

    https://platform.twitter.com/widgets.js

    The final results of the vote will be announced at a shareholder meeting at Tesla's headquarters in Austin on Thursday.

    Winning both votes will be a huge boost for Musk, who has pulled out all the stops to woo Tesla shareholders. Aside from campaigning on his social media platform X, Musk has also offered shareholders the opportunity to go on a personally guided tour of Tesla's Gigafactory in Texas.

    Musk even sought to turn what's been widely viewed as a disadvantage — running half a dozen companies simultaneously —into an advantage.

    The billionaire spent his weekend pitching shareholders on the benefits of having Tesla as a part of his sprawling business empire, also known as the "Muskonomy."

    He's also argued that a Musk-led Tesla would not only allow the EV giant to use technology from his other companies, and grant shareholders access to his future IPOs too.

    "I've mentioned something like this before, but if any of my companies goes public, we will prioritize other longtime shareholders of my other companies, including Tesla," Musk said on Saturday.

    "Loyalty deserves loyalty," he added.

    But Musk's overtures to shareholders ran into a speed bump on Tuesday after The Wall Street Journal published an extensive story about his sexual advances to female employees at his rocket company, SpaceX.

    And a day later, Musk was hit with a lawsuit from eight former SpaceX employees.

    The lawsuit, filed in California, accuses Musk and SpaceX of wrongfully terminating employees after they raised concerns about sexual harassment and gender discrimination.

    Representatives for Musk and Tesla did not immediately respond to requests for comment from BI sent outside regular business hours.

    Read the original article on Business Insider
  • The COVID-19 infection you caught at a Taylor Swift concert is not a gift from ‘Mother’

    taylor swift eras tour
    Taylor Swift performs during The Eras Tour in Lisbon.

    • Forget friendship bracelets — some Swifties are calling Covid-19 their new concert souvenirs.
    • Some fans who got COVID-10 after attending her Eras Tour are calling it a "gift" from "Mother."
    • In an informal poll on X after the Madrid show, over 3,700 people said they contracted the virus.

    It's been years since the pandemic times of COVID-19 lockdowns and the era of mandated masking. But while the virus is still circulating, some Swifties have become wildly optimistic about what it means to catch an infection at one of their idol's concerts.

    So much so that some Swifties on social media are playfully dubbing the COVID-19 infection they think they got from her concerts a "souvenir" and a "gift" from "Mother."

    A post on X from a Spanish Taylor Swift fan account asked followers: "Did you go to #MadridTStheErasTour and take COVID, a virus, or a cold with you as a souvenir? I open a survey."

    https://platform.twitter.com/widgets.js

    Of the nearly 10,800 votes, 35% voted yes. People in the poll's comments section described their symptoms and showed their positive COVID-19 tests — but also raved about how they thought it was worth it.

    The poll has been viewed nearly 144,000 times at press time.

    One X user commented: "Going to Taylor's concert has meant losing my voice, losing my mental health and, well, my health in general, I'm more dead than alive (but I would go to the concert a thousand more times)."

    Earlier in February, an Australian concertgoer posted a TikTok of herself dressed up in her concert outfit and glam makeup. The video then cut straight to her holding up a positive COVID-19 test kit in bed.

    @loving.little.ones

    The Eras Tour souvenir no ones talking about 🫠 if youre heading to the sydney shows this weekend, wash your hands regularly! 🥲🫶🏼 #erastour #taylorswift #sick #sydney

    ♬ original sound – Michelle Monaghan

    https://www.tiktok.com/embed.js

    She captioned the post: "The Eras Tour souvenir no ones talking about. if youre heading to the sydney shows this weekend, wash your hands regularly!"

    However, other X users have voiced their disbelief at Swifties calling the virus a souvenir.

    One X user wrote: "Taylor Swift's concert attendees are calling their Covid infections 'souvenirs' and 'gifts' from 'Mother,' and I'm supposed to NOT wanna launch myself into the sun???"

    Concerts have gained notoriety as COVID-19 superspreader events. In 2021, over 2,200 people caught the virus after going to music festivals in northeast Spain.

    And while the virus is treated more like the common flu now, COVID-19 is still circulating — and people are getting infected across the US.

    Virus-spreading or not, Swift's Eras Tour has been widely successful, propelling the singer-songwriter to billionaire status. Swift is now in the UK for her next leg of the tour.

    Swift's representative didn't immediately respond to a request for comment from Business Insider.

    Read the original article on Business Insider
  • Everything to know about season 4 of ‘Bridgerton’ — including whose love story is up next

    The Bridgerton family (L-R): Gregory Bridgerton (Will Tilston), Anthony Bridgerton (Jonathan Bailey), Hyacinth Bridgerton (Florence Hunt), Lady Violet Bridgerton (Ruth Gemmell),  Kate Sharma (Simone Ashley), Francesca Bridgerton (Hannah Dodd), Colin Bridgerton (Luke Newton), Eloise Bridgerton (Claudia Jessie) and Benedict Bridgerton (Luke Thompson).
    The Bridgerton family.

    • Season four of "Bridgerton" is in the works.
    • The next season will focus on Benedict Bridgerton's (Luke Thompson) love story. 
    • Luke Newton and Nicola Coughlan will reprise their roles as Colin and Penelope.

    Warning: There are major spoilers ahead for season three of "Bridgerton."

    "Bridgerton" fans have been patiently waiting, and Benedict Bridgerton's season is finally coming.

    Season three of the Netflix series, centered on Colin Bridgerton (Luke Newton) and Penelope Featherington's (Nicola Coughlan) relationship, concluded with the release of part two on Thursday.

    In giving Polin a happy ending, "Bridgerton" also heavily teased that Benedict, the second-eldest sibling, will get the main character treatment next season.

    Here's everything we know about season four, so far.

    Benedict's love story will be the focus of season 4

    Luke Thompson as Benedict Bridgerton on season three, episode one of "Bridgerton."
    Luke Thompson as Benedict Bridgerton on season three, episode one of "Bridgerton."

    On the season finale, as Eloise Bridgerton (Claudia Jessie) prepares to head off to Scotland with Francesca Bridgerton (Hannah Dodd), John Stirling (Victor Alli), and Michaela (Masali Baduza), she tells Benedict that she'll only be gone until next year.

    "Do you think Mama would ever let me miss her Masquerade Ball?" she says.

    Benedict, still not ready to settle down, replies: "I will be there, hiding out behind a mask, avoiding eligible ladies like the plague."

    That not-so-subtle moment was a nod to Benedict's novel "An Offer From a Gentleman," which is part of Julia Quinn's "Bridgerton" book series.

    In the third, "Cinderella"-inspired book, Benedict meets a woman named Sophie Beckett at a masquerade ball. Unbeknownst to him, Sophie is a servant to a rude stepmother named Araminta Gunningworth. By the end of the book, they express their love for each other and get married.

    Luke Newton and Nicola Coughlan will reprise their roles as Colin and Penelope Bridgerton in season 4

    colin bridgerton and penelope featherington standing together at a ball, each holding goblets in their hands and wearing formal clothing
    Luke Newton and Nicola Coughlan on season three of "Bridgerton."

    Coughlan told TheWrap that she and Newton will return on season four, but they "don't know anything about it." Meanwhile, showrunner Jess Brownell told the publication that she'd like the pair to continue on the show beyond season four.

    "We will definitely hope to bring them back in future seasons because I think there's more story there," she said.

    Newton similarly told Teen Vogue that he's committed to being on the show indefinitely.

    "I feel very invested in the show… like I said before, I just love the people," he said. "I love my job. I love my role in the show, so I can't see myself going anywhere. I just want to finish the stories off. I would say there's still stuff to get sorted in season four, so yeah, that's why I'm there."

    The 'Bridgerton' season 4 release date hasn't been announced yet

    Martins Imhangbe as Will Mondrich and Luke Thompson as Benedict Bridgerton on season three, episode two of "Bridgerton."
    Martins Imhangbe as Will Mondrich and Luke Thompson as Benedict Bridgerton on season three, episode two of "Bridgerton."

    In an interview published by Town & Country in mid-May, showrunner Jess Brownell said that she was working on season four.

    "We've broken out the whole season and are finalizing the scripts, and I'm super excited about where we're headed," she said.

    Brownell also told Refinery29 that she didn't have an anticipated release date yet for the new episodes.

    "We're still making sure that we write the best possible script that we can before we start production," she said.

    In a season three finale post-mortem interview with Business Insider, Lady Danbury actor Adjoa Andoh said that filming for the new season is set to begin "sometime in the autumn."

    That means "Bridgerton" will probably not return until 2025 at the earliest.

    All episodes of season three of "Bridgerton" are now streaming on Netflix.

    Read the original article on Business Insider
  • Here are the top 10 ASX 200 shares today

    Fancy font saying top ten surrounded by gold leaf set against a dark background of glittering stars.

    The S&P/ASX 200 Index (ASX: XJO) seemed to turn a corner this Thursday, ending the brutal two-day losing streak that the Australian share market had been on this short trading week.

    By the close of trading today, the ASX 200 had added a healthy 0.44%. That leaves the index at 7,749.7 points.

    This much-needed recovery for the ASX comes after a decent session over on the US markets overnight.

    The Dow Jones Industrial Average Index (DJX: DJI) had a stingy session, slipping by 0.091%.

    However, the Nasdaq Composite Index (NASDAQ: .IXIC) was in fine form, galloping 1.53% higher.

    But time now to return to the ASX and have a gander at what the various ASX sectors were doing this Thursday.

    Winners and losers

    It was almost all smiles on the stock market today, with only two sectors recording a red session.

    The worst of those was the energy sector. The S&P/ASX 200 Energy Index (ASX: XEJ) was left out in the cold, shedding 0.64% of its value.

    Mining shares also had a rough time. The S&P/ASX 200 Materials Index (ASX: XMJ) was sent down by 0.48% by the time trading wrapped up.

    But all other sectors had a great time of it.

    Most of all, tech stocks. The S&P/ASX 200 Information Technology Index (ASX: XIJ) was on fire, surging by 2.14%.

    Healthcare shares were high in demand as well, with the S&P/ASX 200 Healthcare Index (ASX: XHJ) soaring 1.6%.

    Real estate investment trusts (REITs) weren’t too far off that. The S&P/ASX 200 A-REIT Index (ASX: XPJ) sprinted 1.28% higher this Thursday.

    Communications stocks performed similarly, with the S&P/ASX 200 Communication Services Index (ASX: XTJ) banked a gain of 1.03%.

    Consumer discretionary shares were running hot too, as you can see from the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ)’s 0.94% rise

    Utilities stocks had a fantastic time of it as well. The S&P/ASX 200 Utilities Index (ASX: XUJ) received a 0.66% upgrade from the markets.

    The same could be said of industrial shares, going off the S&P/ASX 200 Industrials Index (ASX: XNJ)’s 0.51% lift.

    Financial stocks weren’t left out. The S&P/ASX 200 Financials Index (ASX: XFJ) enjoyed a bounce worth 0.37%.

    Gold shares recovered slightly from Tuesday’s carnage, with the All Ordinaries Gold Index (ASX: XGD) eking out a 0.34% improvement.

    Finally, consumer staples stocks also counted themselves lucky. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) ended up inching 0.33% higher.

    Top 10 ASX 200 shares countdown

    Today’s top stock was healthcare company Nanosonics Ltd (ASX: NAN). Nanosonics shares were bid up by a compelling 4.56% today, up to $2.98 each.

    That was despite no clear catalysts, news, or announcements from Nanosonics that might explain this move.

    Here’s how today’s other winners pulled up:

    ASX-listed company Share price Price change
    Nanosonics Ltd (ASX: NAN) $2.98 4.56%
    Polynovo Ltd (ASX: PNV) $2.36 3.96%
    Life360 Inc (ASX: 360) $14.29 3.70%
    NextDC Ltd (ASX: NXT) $18.34 3.56%
    A2 Milk Company Ltd (ASX: A2M) $7.10 3.35%
    Nine Entertainment Co Holdings Ltd (ASX: NEC) $1.40 3.32%
    James Hardie Industries plc (ASX: JHX) $48.22 3.19%
    REA Group Ltd (ASX: REA) $192.11 3.17%
    National Storage REIT (ASX: NSR) $2.30 3.14%
    JB Hi-Fi Ltd (ASX: JBH) $62.69 3.02%

    Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

    The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Life360 right now?

    Before you buy Life360 shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Life360 wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

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    Motley Fool contributor Sebastian Bowen has positions in A2 Milk. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Life360, Nanosonics, PolyNovo, and REA Group. The Motley Fool Australia has positions in and has recommended Nanosonics. The Motley Fool Australia has recommended A2 Milk, Jb Hi-Fi, Nine Entertainment, PolyNovo, and REA Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Guess which ASX 200 stock crashed 8% on Thursday

    a group of business people sit dejectedly around a table, each expressing desolation, sadness and disappointment by holding their head in their hands, casting their gazes down and looking very glum.

    Whilst the S&P/ASX 200 Index (ASX: XJO) spent all day in the green today before closing 4.4% higher, one ASX 200 stock has been sold off sharply.

    ASX Ltd (ASX: ASX) shares took a significant hit, plummeting 8% to $58.14 at the close of trading.

    This sharp decline follows the company’s investor forum held on Thursday, where it outlined its financial guidance for FY 2025. Investors appeared less than impressed with some of the projections. Here’s a look.

    Why did this ASX 200 stock drop 8%?

    At its investor forum, the company revealed that it expected its total expense growth rate to be between 6% and 9% for FY 2025. This comes on top of an anticipated 15% increase in FY 2024.

    The primary driver for this cost escalation is ongoing investment in technology, including software licensing, equipment costs, and depreciation and amortisation.

    Depreciation and amortisation are said to be ‘non-cash expenses’ in finance, related to business assets. While this is technically true – we don’t physically pay depreciation, for example – they do represent the implied cost of maintaining these assets. The ‘wear and tear’, so to speak.

    ASX managing director and CEO Helen Lofthouse provided an update on the company’s five-year strategy, focusing on technology modernisation and regulatory commitments.

    “Our five-year strategy builds on a high-quality portfolio of businesses that deliver resilient revenue performance throughout market cycles,” Lofthouse said.

    She added that data demand and Australia’s pension system – the fifth largest in the world – were two structural tailwinds behind the ASX 200 stock.

    But Lofthouse was less optimistic about the expenditure side. ASX is projecting an “expense growth rate” of 6–9%, which is not something many were expecting. She had this to say:

    This growth is primarily driven by ongoing technology related costs related to Horizon One of our five year strategy including software licencing and equipment costs.

    Operating expense growth is partially offset by the annualised saving of $11m as a result of the targeted restructure announced at our interim results in February, and the expected further reduction in one-off regulatory costs following the completion of special reports and other activities last year.

    It’s also worth noting the ASX 200 stock is making strides with its CHESS replacement project, partnering with Tata Consultancy Services for a product-based solution.

    What else did ASX mention?

    Other highlights from the investor day include the launch of the first ASX corporate bond, raising $275 million, and exploratory work with the Clean Energy Regulator to develop an Australian Carbon Exchange.

    However, these ambitious projects have come at a cost. The company forecasts capital expenditure for FY 2024 to be around $135 million, with FY 2025 technology capital expenditure expected to be between $160 million and $180 million.

    These are up from $50 million in the second half of FY 2024. Lofthouse added:

    [W]e expect our capex spend to remain elevated through to FY27 to support our technology roadmap, before starting to reduce beyond this period.

    We also expect the average depreciation and amortisation schedule of seven to ten years for these major projects, once they go live.

    How will this affect ASX shareholders?

    The projected expense growth and capital expenditure might have caused concern among investors of this ASX 200 stock today, leading to today’s 8% drop in the share price. Despite this, the company plans to maintain a dividend payout ratio of 80% to 90% of underlying net profit after tax (NPAT).

    ASX’s significant investment in technology and regulatory commitments are also crucial for its long-term strategy. Investors would be wise to keep a close eye on how these investments play out over the coming years.

    The post Guess which ASX 200 stock crashed 8% on Thursday appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Asx Limited right now?

    Before you buy Asx Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Asx Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See The 5 Stocks
    *Returns as of 5 May 2024

    More reading

    Motley Fool contributor Zach Bristow has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.