• The Israeli Air Force may have to think twice about taking on Hezbollah

    An Israeli F-16I fighter flew over the border area with south Lebanon on March 12, 2024.
    An Israeli F-16I fighter flew over the border area with south Lebanon on March 12, 2024.

    • Hezbollah may have surface-to-air missiles than can threat Israeli aircraft.
    • A recent Israeli strike appears to have damaged a Iran-made Sayyad-2 missile.
    • The possibility of missiles will "force" the IDF to be more cautious over Lebanon, an expert said.

    Much has been written about Hezbollah's enormous arsenal of surface-to-surface missiles and rockets and the devastation they could unleash against Israel. A recent incident, however, briefly put the spotlight on Hezbollah's lesser-known air defenses.

    After the Israeli Air Force targeted Hezbollah sites south of the Lebanese city of Sidon, footage emerged purportedly showing the remains of an Iranian-built Sayyad-2 surface-to-air missile. The Israeli military stated the Hezbollah sites targeted "posed a threat to Israeli aircraft."

    Israeli media reported that the footage was "apparently the first public evidence suggesting that Hezbollah has such missiles," as had been previously claimed. Hezbollah has traded tit-for-tat strikes with Israel since Hamas' Oct. 7 terror attacks, but the air defenses suggest Israel's Air Force would face a much greater threat over southern Lebanon than it has in Gaza's skies.

    The Sayyad-2 is a medium-range anti-aircraft missile Iran developed by heavily reverse engineering the American RIM-66 Standard Missile, SM-1, Tehran acquired before the 1979 revolution. The Sayyad-2 has a shorter range than its successors. The most advanced, the Sayyad-4B, which Iran developed for its Bavar-373 air defense system, has an estimated range of 186 miles.

    In October, a Hezbollah-appointed guide showcased some of the group's firepower to visiting journalists and hinted they have long-range air defenses like the Russian S-300. "Do you think we don't have S-300?" he said. "If Iran has S-300, absolutely Hezbollah will take S-300."

    It's unclear if Iran has tried to transfer the Bavar-373, Iran's domestically-developed equivalent to the S-300, to Hezbollah with its Sayyad 4/4B missiles.

    "Hezbollah's air defense capabilities are very opaque," Nicholas Blanford, a non-resident senior fellow at the Atlantic Council and author of the 2011 book "Warriors of God: Inside Hezbollah's Thirty-Year Struggle Against Israel," told Business Insider. "More is known about other systems in their arsenal than air defense because Hezbollah very rarely uses it."

    "Nevertheless, if Iran possesses or can acquire an air defense system that suits Hezbollah's needs, then it is safe to assume that Hezbollah probably will have it," Blanford said.

    The Hezbollah expert also noted that possession of missiles like the Sayyad-2 "certainly raises the threat level" to Israeli aircraft compared to shoulder-fired missiles. He also pointed out that Israel has "always maintained" that any Hezbollah acquisition of advanced air defense systems amounts to a "red line."

    Since 2013, Israel has sustained an air campaign in Syria targeting Iranian weapons shipments to Lebanon to prevent Hezbollah from acquiring high-end systems. It has intensified this campaign since the Hamas 10/7 attacks, likely making it more difficult than ever for Iran to transfer weapons to Hezbollah via Syria. During this campaign, Israeli jets have evaded and, at times, destroyed Syria's Russian-built short and medium-range Tor and Pantsir air defenses.

    The discovery of the Sayyad-2 suggests Iran transferred at least some anti-aircraft missiles to its most valued regional proxy.

    "It has been reported that Hezbollah possesses Sayyad-2 anti-aircraft missiles previously, and the Israeli strike on Friday solidified those claims," Freddy Khoueiry, a global security analyst for the Middle East and North Africa at the risk intelligence company RANE, told BI. "It was suspected that Hezbollah has been using the Sayyad-2 to shoot down some of Israel's advanced Hermes 900 drones over Lebanon."

    "Hezbollah has for the past few years boasted of advancing its air-defensive capabilities, and the discovery of Hezbollah's possession of Sayyad-2 demonstrates how much they obtained advanced anti-air systems," Khoueiry said.

    An Israeli F-35 stealth fighter flew over the border area with south Lebanon on March 12, 2024.
    An Israeli F-35 stealth fighter flew over the border area with south Lebanon on March 12, 2024.

    Israel has experience destroying formidable air defenses in Lebanon. When it invaded the country in 1982, it launched a coordinated, large-scale suppression of enemy air defense operation against an array of Soviet-built surface-to-air missile batteries Syria had deployed to Lebanon's Bekaa Valley.

    Operation Mole Cricket 19 obliterated the Syrian missiles and saw Israel's new F-15 and F-16 fighters dogfight the Syrian Air Force, shooting down 82 Syrian aircraft without losing a single fighter.

    While Hezbollah is unlikely ever to field a network of anti-aircraft missiles that large, some of its air defenses could nevertheless impact Israeli air operations over Lebanon.

    "Generally speaking, this will unlikely deter Israel's Air Force from operating over Lebanon but will likely force the Israelis to become more cautious amid Hezbollah's changing tactics and their more advanced capabilities, such as having their fighter jets flying at higher altitudes or using stealthier jets like the F-35," Khoueiry said.

    "Israel's Air Force is much more advanced and can bypass these air defenses, maintaining its immense air superiority, but Israeli drones and helicopters operating over Lebanon could be more at risk, especially if the IDF expands its operations in Lebanon."

    Khoueiry doubts Iran will transfer strategic systems like the Bavar-373 to Lebanon.

    "It is more likely that Iran can and did transfer medium-sized and range defensive systems to Hezbollah," Khoueiry said. "Larger anti-air defense systems like the Bavar-373 are harder to transfer given their size, but also given that Lebanon's geography is small and Hezbollah would not be able to properly operate them there."

    The RANE analyst believes that if Iran did deploy the Bavar-373 in the region, it would send it somewhere like Syria, although he estimates that's unlikely at this point.

    "The discovery of the Sayyad-2 likely hints that Iran has been able to transfer more similar advanced defensive systems that Hezbollah is likely to use in a progressive way as the conflict escalates or in the event of a wider war, especially given the likely limited number they possess," Khoueiry said.

    Read the original article on Business Insider
  • The iconic ‘Home Alone’ house is back on the market. Take a look at the $5.25 million listing.

    A man takes a photo in front of a red brick home
    Trisha Johnson said people sometimes try to do the "Kevin scream."

    • The "Home Alone" house is for sale once again.
    • The real-life home was used in the 1990 holiday film starring Macaulay Culkin.
    • The owners of the red-brick Georgian Colonial home are asking for $5.25 million.

    The real-life home defended by the fictional Kevin McCallister in the classic 1990 Christmas film "Home Alone" is back on the market, The Wall Street Journal reported.

    Now, fans can purchase the red-brick Georgian Colonial home for a pretty penny. The owners are asking for $5.25 million, per a Zillow listing of the house.

    Realtors for the home did not immediately respond to a request from Business Insider.

    The home was the main filming location for the classic holiday film
    "Home Alone."
    "Home Alone."

    Business Insider previously reported that before its current owners purchased the home in 2012, the Abendshien family bought it in 1988 for $800,000.

    While the crew filmed "Home Alone," they were anything but — the Abendshien family lived in a makeshift apartment on the second floor.

    The historic home is over 100 years old
    Two street signs at an intersection that say "Pine" and "Lincoln"
    A view of street signs where "Home Alone" house is located in Winnetka, Illinois.

    The single-family home sits 20 miles north of Chicago in Winnetka, Illinois.

    According to the listing, the 1921 home is 5,700 square feet on a half-acre and has five bedrooms and six bathrooms.

    The current owners say tourists often stop by
    A man takes a photo in front of a red brick home
    Trisha Johnson said people sometimes try to do the "Kevin scream."

    The Illinois home was purchased by Trisha and Tim Johnson in 2012 for $1.585 million.

    The couple told the Journal that tourists often stop by to take photos or recreate McCallister's scream in the movie.

    "It's a lot of fun to see people as excited as they are just to see my house," Trisha Johnson said.

    The Johnsons have updated much of the interior
    A home decorated with a Christmas tree
    The original house used in the "Home Alone" movies is decorated to reflect scenes from the movie Monday, Nov. 8, 2021,

    Take a look through the Zillow listing, and you'll see a house with many modern fixtures. It's a lot different than the home that many viewers probably remember.

    However, the Johnsons told The Journal that they chose to keep some features that highlight iconic scenes from "Home Alone." Trisha Johnson told the Journal that they left intact the front door and the central staircase that McCallister zooms down on a sled.

    "That was in the movie and it's classic," she said. "We didn't want to take that out or touch it in any way." 

    Renovations to the house include a basement overhaul
    A red brick three-story home
    The exterior of the "Home Alone" house

    The Johnsons told the Journal that much of the renovations to the house occurred four years after they purchased it.

    The space now includes a home theater with a bar and a massive sports court in the basement.

    The couple also added some quirky Lego art to the theater, including a massive Lego statue of McCallister and a replica of the home.

    Read the original article on Business Insider
  • Trump’s many controversies make legal claims against ‘The Apprentice’ film hard to prove, entertainment lawyer says

    A photo of Donald Trump on the phone next to a photo of an actor playing Donald Trump in the back of a taxi
    Donald Trump's lawyers say indie biopic "The Apprentice" is a "libelous farce."

    • Donald Trump is challenging "The Apprentice" biopic; his lawyers called it a "libelous farce."
    • The film depicts controversial claims about Trump's personal life.
    • An entertainment lawyer says proving defamation is an uphill battle for the embattled former president.

    Donald Trump has an abundance of legal battles to worry about, but his most recent fight is one he's starting himself.

    In a cease-and-desist letter obtained by Business Insider's Jacob Shamsian on Friday, Trump's lawyers railed against "The Apprentice," an independently produced movie that premiered this week at the Cannes Film Festival.

    His attorneys called the Trump biopic a "libelous farce" in the letter, but an entertainment lawyer who spoke to Business Insider said it's an uphill battle for Trump to prove that's the case — especially if the filmmakers made it clear that the film is not a representation of the truth.

    The film states that it is "inspired by true events," the Associated Press reported.

    "That's typically enough to give the makers of the show enough wiggle room to use their expression and avoid defamation cases," Camron Dowlatshahi, an attorney at Mills Sadat Dowlat LLP, told BI.

    Dowlatshahi said even if Trump happens to prove the film is defamatory, the embattled former president, constantly in the headlines for his many felony charges, will have to quantify that this one film had some effect on his brand.

    Steven Cheung, a spokesperson for Trump's 2024 presidential campaign, previously told BI in a statement that the film was filled with "blatantly false assertions."

    "This garbage is pure fiction which sensationalizes lies that have been long debunked," Cheung said.

    Although it's unclear what is true and what is fiction, what is true is that many of the rumors about Trump in the movie — played by "Captain America: The Winter Soldier" star Sebastian Stan — have been following the real-life Trump for quite a while.

    For example, critics who saw the movie at the French film festival say the movie depicts Trump raping his first wife, Ivana. The claim was made and later retracted by Ivana herself.

    The film also reportedly depicts Trump suffering from erectile dysfunction. While there are no reports of Trump having ED, this creative liberty could have grown out of Trump's former longtime doctor saying the former president had been taking finasteride for hair loss, The New York Times reported in 2017. The drug can cause erectile dysfunction.

    Now, as Trump goes head to head with the indie film, it could draw attention to these rumors, Dowlatshahi said. This is known as the "Streisand effect" — creating more attention for something by attempting to keep it quiet.

    Dowlatshahi said the added attention might even benefit the production company, Tailored Films, which called the movie a "fair and balanced portrait" of the former president in a previous statement.

    "If they're trying to get sold and companies see that there's potential for litigation, that might give them cold feet. I should note that this looks like a pretty high-quality production, so with all the buzz around it, it might be worth it for a company to take that risk and purchase the film."

    Representatives for Trump and Tailored Films did not immediately respond to a request for comment.

    Read the original article on Business Insider
  • YouTube is a major entertainment force. Here’s the platform’s history, plus how to create a channel and upload videos.

    A silhouette of a woman holding up a smartphone sits in front of the YouTube logo, a red play button.
    YouTube was acquired by Google, and has since become a major revenue-generator for Alphabet, thanks to YouTube Premium.

    • YouTube is a massive online video platform that was acquired by Google nearly two decades ago.
    • YouTube's most-viewed video currently has over 14 billion views.
    • It's easy to make your own YouTube channel, but profiting from it is notoriously difficult.

    YouTube is the world's largest online video platform, with some 2.7 billion monthly users. Over time, it has evolved from an amateur video-sharing website into a multimedia powerhouse.

    YouTube was registered as a website on February 14th, 2005, by friends and former PayPal coworkers Chad Hurley, Steve Chen, and Jawed Karim. Perhaps YouTube's foundation falling on Valentine's was a sign of the love that billions of people would develop for the platform within the coming years.

    Growth was rapid, with more than two million daily video views by the end of 2005 and more than 100 million daily views by mid-2006. Google purchased YouTube by November of that year for an impressive $1.65 billion after the failure of its own video-sharing platform, Google Video.

    YouTube CEO Susan Wojcicki persuaded Google's founders to acquire the platform after she saw how her children reacted to a video of a purple Muppet. (Coincidentally, Wojcicki's family intertwined with Google in a way the following year when her younger sister Anne became Sergey Brin's first wife).

    Today, Google remains the owner of YouTube, whose headquarters are in San Bruno, California, just south of San Francisco. And YouTube is still a powerhouse in the media landscape.

    YouTube has become one of Google's most valuable purchases, alongside other major acquisitions like the navigation and traffic app Waze, and the AI research lab Google DeepMind.

    YouTube is a major revenue generator for Alphabet, Google's parent company. On his first-quarter earnings call in 2024, Sundar Pichai said YouTube had surpassed 100 million subscribers globally. Pichai projected that YouTube and Google Cloud combined would have a run rate of over $100 billion by the end of the year.

    The most viewed YouTube video

    At the time of this writing, the most popular video on YouTube, at least according to the number of views, is the Baby Shark Dance. Posted by Pinkfong Kids' Songs & Stories in the year 2015, at the time of this writing, Baby Shark has more than 14,480,310,500 views.

    Baby Shark upset the music video for the song "Despacito" by Luis Fonsi (featuring Daddy Yankee) for the lead position in 2020, though that video is still performing well on YouTube with 8.437 billion views.

    Other wildly popular YouTube videos include the Bath Song, Psy's beloved music video for the song "Gangnam Style," and Katy Perry's "Roar." The top hits are a unique mix of content targeted at younger kids and music created by and for adults.

    The South Korean pop star Psy speaks into a microphone in front of a massive backdrop featuring a cartoon version of him doing the Gangnam Style dance.
    The music video for Psy's "Gangnam Style" is one of the most successful videos to hit YouTube.

    How to download a YouTube video

    If you're wondering how to download a YouTube video so you can enjoy it any time, it couldn't be much easier… assuming you have a paid YouTube Premium subscription. Without this subscription, you are essentially limited to filming your computer screen while a clip plays, but with YouTube Premium, on mobile or on the website, simply tap/click the word "Download" under the video. It will be saved to your YouTube library.

    And if you need to cite a YouTube video, as in an article or term paper, if there is a clear creator of the video, MLA style guidelines prompt you to give the footnote or endnote in this format:

    Doe, John. "Video Name" YouTube, 1 Apr. 2024, http://www.youtube.com/webaddresshere.

    For videos without a clear creator, use this format:

    "Capybara Eat Huge Pumpkin." YouTube, uploaded by Alex Smith, 12 Jan. 2021, www.youtube.com/watch?v=8YNwxZnABzA.

    How to make money on YouTube

    YouTube star Mr. Beast stands with his arms raised in a shopping mall, with hundreds of spectators watching and holding up their phones.
    MrBeast is one of the most successful YouTubers, with a whopping 256 million followers.

    At the time of this writing, the YouTube channel with the most subscribers is the India-based T-Series, which has 265 million followers at last check. A close second is the former reigning champ of YouTube subscribers, the YouTuber MrBeast, who has 256 million followers. Trailing MrBeast by a margin of tens of millions is the nursery rhyme channel Cocomelon, with 175 million subscribers.

    If you're interested in becoming a YouTube creator yourself and (ideally) making money on the platform, you'll need to make a YouTube channel of your own. Creating a YouTube channel is not hard to do, though growing it into a profitable enterprise certainly will be.

    To make a YouTube channel, sign into your YouTube account on mobile or on your computer. Then, in the top right corner of the screen, click your profile picture, then hit "Create a channel" in the dropdown menu. You'll be asked to create a channel, and then you can go to your new channel and hit the word "Create" in the middle of the screen to start uploading content.

    As for how to make money on YouTube, the way most people do it is through advertising. You need to join the YouTube Partner Program, which requires a minimum of 500 subscribers and at least three video uploads in a three-month period. Once you have joined that, you can begin to make money — split with YouTube, of course — every time someone views an ad on your content, you stand to make a bit of cash.

    Now, how much does YouTube pay? It depends on a few factors, including your viewer's location, the advertiser's budget, and more. Based on research for this article, the consensus seems to be that for 1,000 ad views, you would make around $18. So, true profitability might take a while.

    What is YouTube TV?

    YouTube TV is rather like a throwback to the days of "regular" TV. In Google's own words, YouTube TV is "a TV streaming service that includes live TV from 100+ broadcast, cable, and regional sports networks." You can watch live sports and news programs, see shows on cable and broadcast TV, and you get unlimited cloud DVR video storage space. One YouTube TV account allows six different users to access the same account. But before you get too excited about it, note that YouTube TV costs a hefty $72.99 per month.

    How much is YouTube Premium?

    Two shadowy hands hold up a smartphone displaying the YouTube Premium logo.
    YouTube Premium lets you watch videos without being interrupted by ads, and gives access to YouTube Music.

    First off, for the record, YouTube Premium has supplanted YouTube Red, which was discontinued. Today, YouTube Premium allows for ad-free viewing of content all across the site, and it grants access to the platform's music streaming service, YouTube Music, as well as to the archive of content from YouTube Originals, which has also been wound down.

    A YouTube Premium subscription costs $13.99 a month for an individual plan or as much as $22.99 for a multi-access family plan that lets five people use the subscription, but they all must live in the same household. Students can qualify for a reduced $7.99 YouTube Premium plan, so take advantage of that if you're in school.

    Read the original article on Business Insider
  • ‘All-growth’ superannuation funds return nearly 10% in 10 months

    Australian notes and coins surrounded by a calculator and the word super spelt out.

    Superannuation funds focused on growth investments are delivering the best returns for investors in FY24.

    A new report from research, data, and analytics provider Chant West shows ‘all growth’ superannuation funds have returned 9.8% over the 10 months ending 30 April within the 2024 financial year (FY24).

    All growth funds invest 96% to 100% of funds in growth assets such as ASX shares and international shares.

    The next best performer is ‘high-growth’ superannuation funds, with 81% to 95% of monies invested in growth assets. They’re sitting on returns of 8.4% in FY24 to 30 April.

    Chant West says median ‘growth’ superannuation funds, which comprise 61% to 80% growth assets, have returned 6.9% over the first 10 months of FY24.

    Balanced funds, which invest 41% to 60% of monies in growth assets, have earned 5.7% returns.

    Conservative funds, with just 21% to 40% in growth assets, have delivered a more modest 4.2% return on investment.

    Balanced and conservative funds have more exposure to defensive assets such as cash and bonds. They are popular with investors who are near retirement and, thus, more focused on capital preservation.

    Younger workers tend to go for growth fund options because they have longer runways to retirement, and can therefore withstand more volatility and take on more risk for higher returns.

    What factors are affecting superannuation returns?

    Chant West Senior Investment Research Manager Mano Mohankumar says both shares and bonds fell in April as the likelihood of interest rate cuts by the US Federal Reserve in the first half of 2024 diminished.

    Mohankumar said:

    Over the month, Australian shares fell 2.9%. International shares slipped 3.2% and 3.3% in hedged and unhedged terms, respectively. Bonds too had a disappointing month as Australian and international bonds fell 2% and 1.7% respectively, as bond yields rose.

    However, the big story is the healthy return over the financial year to date, despite all of the uncertainty around inflation and expectations of when the Fed will start cutting rates, not to mention ongoing geopolitical tensions.

    Mohankumar said superannuation investors should “put short-term noise aside and focus on the long game”.

    He said:

    Over the long term, super funds continue to meet their return and risk objectives and our estimate of 8% for FY24 puts super funds on pace for a 13th positive return out of 15 years.

    If you’re thinking of boosting your superannuation with extra funds before the end of the financial year, Vanguard Australia provides 5 tips on how to get more money into your super by 30 June.

    As we recently covered, there were two changes to superannuation in the recent Federal Budget.

    The post ‘All-growth’ superannuation funds return nearly 10% in 10 months appeared first on The Motley Fool Australia.

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  • Here’s how much Singapore Airlines could be on the hook for after turbulence left one dead and dozens in the hospital

    Singapore Airlines
    The Singapore Airlines Boeing 777-300ER airplane, which was headed to Singapore from London before making an emergency landing in Bangkok due to severe turbulence.

    • One man died and more than 100 passengers were injured after a disastrous Singapore Airlines flight.
    • The injuries could lead to an an expensive lawsuit against the airline.
    • The injured passengers could be entitled to $170,000 or more thanks to a 1999 treaty, SCMP reported.

    Passengers who were severely injured during extreme turbulence on board a Singapore Airlines flight earlier this week could reap six-figure payouts or more, South China Morning Post reported.

    A 73-year-old British man died during the Tuesday flight from London to Singapore after the Boeing 777 aircraft dropped hundreds of feet before stabilizing mid-flight. More than 100 other passengers were also treated for various injuries, making it one of the worst turbulence incidents in recent history. 

    Several passengers suffered traumatic injuries, including paralysis, skull and back trauma, and brain injuries, The Associated Press reported.

    Damages won't be awarded until an investigation is completed, an aviation lawyer told South China Morning Post — a process that could take years. But the injured passengers on board have a means to seek payouts through a more than two-decade-old treaty.

    The Montreal Convention, or MC99, is an international agreement that governs global airline liability in passenger death and injury cases. The treaty was created in 1999 to establish a more unified set of airline policies that can protect passengers and hold airlines accountable, according to the International Civil Aviation Organization (IATA). Part of the agreement stipulates that passengers who suffer injuries caused by an airline can recover up to $170,000, the IATA wrote in a report.

    "MC99 is designed to be a single, universal treaty to govern airline liability around the world," the IATA wrote.

    One unnamed woman who flew with Ryanair in 2020 was paid $33,000 by the Irish budget airline after she broke her leg when exiting the aircraft. The woman cited the Montreal Convention in her claim.

    Another airline passenger, citing the treaty, sued Delta earlier in May, claiming he broke a rib after the armrest collapsed when he leaned on it. The passenger is asking for $1 million since he also accused Delta of negligence.

    A Delta spokesperson did not immediately return a request for comment sent outside working hours.

    Despite the 1999 treaty's $170,000 limit, Peter Neenan, an aviation lawyer, told the South China Morning Post that victims who experienced similar injuries as the Singapore Airlines passengers reached "easily into seven and sometimes eight-figure claims."

    The compensation amount, however, could only be determined after the investigation into the flight is done, he told the publication.

    One passenger on the relief flight from Bangkok to Singapore told The Straits Times that an airline staff member offered passengers monetary compensation. He told the outlet that a staff member gave him an envelope with 1,000 Singapore dollars, or about $740.

    "(The staff member) said that the money was like … an apology," he told the Straits Times.

    After the deadly flight, Singapore Airlines announced that it would no longer serve meals when the seatbelt light is on.

    A spokesperson for Singapore Airlines did not respond to a request for comment.

    Read the original article on Business Insider
  • 2 no-brainer ASX 200 shares to buy next week

    A man is shocked about the explosion happening out of his brain.

    There are a lot of quality companies for investors to choose from on the Australian share market.

    But two excellent ASX 200 shares that stand out as no-brainers for me are listed below. Here’s why analysts think they could be top buys:

    ResMed Inc. (ASX: RMD)

    ResMed could be a no-brainer ASX 200 share to buy now. It is one of the world’s leading sleep disorder treatment companies.

    This certainly is a great market to lead. For example, analysts estimate that obstructive sleep apnoea (OSA) could afflict over a billion people globally. And with the vast majority of these sufferers undiagnosed, there’s a huge growth runway ahead for ResMed, its technology, and software solutions.

    Bell Potter rates the company highly and has it on its favoured list with a buy rating and $36.00 price target. It commented:

    The market for OSA and chronic obstructive pulmonary disease (COPD) remains under penetrated, and we expect industry volume growth to continue in the 6-8% range for the foreseeable future. In this regard, the competitive dynamics are very much in favour of RMD due to the Philips recall and improving semiconductor availability. Looking ahead, ResMed continues to expect device sales to be sequentially higher throughout CY2023. Furthermore, ResMed is well-positioned to build on its dominant share even after Philips returns to the global market, with the launch of its latest continuous positive airway pressure (CPAP) device, the Air Sense 11.

    Xero Ltd (ASX: XRO)

    Another no-brainer ASX 200 share for investors to consider buying is cloud accounting platform provider Xero.

    It has been growing at a rapid rate in recent years thanks to the shift online and the quality and popularity of its platform. At the last count, the company had 4.16 million subscribers globally.

    The good news is that Goldman Sachs believes its growth still has a very long way to go and estimates its market opportunity to be 100 million+ small businesses. In response to its full year results last week, the broker has reiterated its conviction buy rating with an improved price target of $164.00. The broker commented:

    We see Xero as very well-placed to take advantage of the digitisation of SMBs globally, driven by compelling efficiency benefits and regulatory tailwinds, with >100mn SMBs worldwide representing a >NZ$100bn TAM. Given the company’s pivot to profitable growth and corresponding faster earnings ramp, we see an attractive entry point into a global growth story with Xero our preferred large-cap technology name in ANZ – the stock is Buy rated.

    The post 2 no-brainer ASX 200 shares to buy next week appeared first on The Motley Fool Australia.

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  • Here’s how the ASX 200 market sectors stacked up last week

    A graphic image of the world globe surrounded by tech images is superimposed on the setting of an office where three businesspeople are speaking together while standing.

    Tech shares led the ASX 200 market sectors last week with a 2.8% gain over the five trading days.

    Meantime, the S&P/ASX 200 Index (ASX: XJO) lost 1.69% to finish the week at 7,727.6 points.

    Only four of the 11 market sectors finished the week in the green.

    Let’s review.

    Technology shares led the ASX sectors last week

    The big news among ASX 200 tech stocks last week was the full-year FY24 results of Xero Limited (ASX: XRO).

    The company reported a 22% year-over-year increase in operating revenue to NZ$1.71 billion and 419,000 new subscribers, which gives it a total subscriber base of 4.16 million.

    Xero’s gross margin moved up from 87.3% to 88.2%, and the company reported a net profit after tax (NPAT) of NZ$174.6 million, up from a loss of NZ$113.5 million in FY23.

    Xero shares lifted 7.83% over the week to finish on Friday at $131.19 per share.

    TechnologyOne Ltd (ASX: TNE) shares also had a great week, rising 12.11% to finish at $17.78 apiece on Friday.

    TechnologyOne released its half-year results, revealing a 16% rise in profit after tax to $48 million. Investors will share in its success via a record interim dividend of 5.08 cents per share franked at 65%.

    The biggest ASX tech stock Wisetech Global Ltd (ASX: WTC) moved 1.22% higher last week to close at $98.67 on Friday. Nextdc Ltd (ASX: NXT) shares lifted 0.69% to $17.59 apiece.

    In global tech news, Nividia Corp revealed yet another jaw-dropping set of financial results last week, sending the share price above US$1,000 for the first time.

    The artificial intelligence (AI) hardware manufacturer’s 1Q FY25 earnings report revealed a 262% revenue increase to US$26 billion year over year, with expectations of US$28 billion next quarter. On an adjusted basis, earnings per share (EPS) went from $1.09 to $6.12, beating consensus analyst estimates of $5.59.

    Nvidia also announced a 10-for-1 forward stock split. Shareholders on the record on 6 June will receive nine extra Nvidia shares for each one they already own after the market close on Friday, 7 June.

    Nvidia’s amazing results helped the NASDAQ reach a new all-time high of 16,996.39 points last week. The popular Betashares Nasdaq 100 ETF (ASX: NDQ) rode the momentum to reach a record $43.23 per share.

    ASX 200 market sector snapshot

    Here’s how the 11 market sectors stacked up last week, according to CommSec data.

    Over the five trading days:

    S&P/ASX 200 market sector Change last week
    Information Technology (ASX: XIJ) 2.8%
    Utilities (ASX: XUJ) 2.34%
    Energy (ASX: XEJ) 1.23%
    Industrials (ASX: XNJ) 0.91%
    Financials (ASX: XFJ) (0.85%)
    Healthcare (ASX: XHJ) (0.89%)
    Consumer Staples (ASX: XSJ) (1.27%)
    Materials (ASX: XMJ) (1.49%)
    A-REIT (ASX: XPJ) (2.47%)
    Communication (ASX: XTJ) (3.71%)
    Consumer Discretionary (ASX: XDJ) (4.34%)

    The post Here’s how the ASX 200 market sectors stacked up last week appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Betashares Nasdaq 100 Etf right now?

    Before you buy Betashares Nasdaq 100 Etf 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 Betashares Nasdaq 100 Etf 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 Bronwyn Allen 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 BetaShares Nasdaq 100 ETF, Nvidia, Technology One, WiseTech Global, and Xero. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF, WiseTech Global, and Xero. The Motley Fool Australia has recommended Nvidia and Technology One. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Are AMP shares a significantly underrated buy right now?

    a man with a moustache sits at his computer with his hands over his eyes making a gap between his fingers so he can peek through to his computer screen.

    The AMP Ltd (ASX: AMP) share price has had its fair share of challenges in recent years. It’s trading 3% higher than it was 12 months ago but is down a hefty 50% in the last five years.

    The ASX financial share has suffered, as we can see in the graph below, but the company may be showing signs of a possible turnaround.

    Of course, an occasional positive update doesn’t mean AMP is on track for sustained recovery, but the last quarterly numbers are the latest evidence investors can analyse.

    Let’s recap how the ASX financial share performed in the first three months of 2024.

    Quarterly update

    AMP reported that its total deposits at AMP Bank grew to $21.4 billion at 31 March 2024, up from $21.3 billion at 31 December 2024. However, the bank’s total loan book fell to $23.5 billion, down from $24.4 billion at the end of the 2023 final quarter.

    AMP’s platforms’ net cash flows were $201 million, up 32% year over year from $152 million in the first quarter of 2023. North inflows from independent financial advisers (IFAs) increased 22%, compared to the first quarter of 2023, to $544 million.

    This led to platforms’ assets under management (AUM) increasing to $74.3 billion at 31 March 2024, up from $71.1 billion at 31 December 2023. Superannuation and investments’ AUM increased to $54.1 billion at 31 March 2024, up from $51.9 billion in the previous quarter.

    AMP CEO Alexis Goerge said:

    We are navigating the headwinds faced by AMP Bank by carefully managing our loan and deposit books, to help address margin pressures.

    We are making good progress on the development of our digital small business and consumer bank offer, launching in Q1 25, to lessen funding risks over the medium term by broadening the customer base and introducing a compelling transaction account offer that will help diversify and build deposits.

    Is the AMP share price a buy?

    One of the most important share price drivers is whether company earnings are growing or predicted to grow.

    If AMP’s AUM and/or loan book grows, this would be a tailwind for profit.

    The broker UBS has forecast the company’s net profit after tax (NPAT) could rise to $220 million in FY24, up 12% from FY23. NPAT is then forecast to grow to $253 million in FY25, $255 million in FY26, $259 million in FY27 and $263 million in FY28.

    If those predictions prove accurate, profit is expected to grow by around 20% between FY24 and FY28. However, a significant majority of the improvement of profit over that period is forecast to happen in FY25.

    The broker UBS rates AMP as a sell, with a price target of 98 cents. That implies a possible fall of more than 10% from its current level.

    UBS believes AMP has a “weak earnings outlook” following the reduction in banking lending as it sought to defend its lending margins. AMP’s wealth and bank flows were below UBS’ forecasts for the first quarter of 2024.

    Based on the UBS forecast, the AMP share price is valued at 14x FY24’s estimated earnings.

    The post Are AMP shares a significantly underrated buy right now? appeared first on The Motley Fool Australia.

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

    Before you buy Amp 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 Amp 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 Tristan Harrison 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.

  • Analysts say these small cap ASX shares can deliver big returns

    A woman wearing glasses and a black top smiles broadly as she stares at a money yarn full of coins representing the rising JB Hi-Fi share price and rising dividends over the past five years

    If you have a high risk tolerance, then it could be worth adding some small cap ASX shares to your portfolio.

    But which small caps could offer a compelling risk/reward?

    Listed below are two small caps that analysts are very bullish on right now. Here’s what they are saying about them:

    AVITA Medical Inc (ASX: AVH)

    The first small cap ASX share that could be a buy according to analysts is AVITA Medical.

    It is a regenerative medicine company with a focus on wound care management and skin restoration with its RECELL technology.

    Morgans is positive on the company and sees significant value in its shares at current levels. It commented:

    AVH is a regenerative medicine company focusing on the acute wound care market. It has recently expanded its indication into full thickness skin defects and Vitiligo (US$5bn TAM). The expanded indication in full thickness skin defects has the required reimbursement in place and sales have started. AVH has provided revenue guidance for FY24 of growth of ~64% and importantly has guided to achieving profitability by 3QCY25. At the same time, the company is seeking approval by the FDA for its automated device RECELL Go, which if successful will launch 1 June 2024, and will be a meaningful driver of rapid adoption by clinicians.

    The broker has an add rating and $6.40 price target on its shares. Based on the current AVITA Healthcare share price of $2.50, this suggests that the company’s shares could more than double in value over the next 12 months.

    Universal Store Holdings Ltd (ASX: UNI)

    Another small cap ASX share that could be a buy is Universal Store. It is the youth fashion retailer behind the eponymous Universal Store brand, as well as the Perfect Stranger and Thrills brands.

    Bell Potter sees the company as a small cap to buy right now thanks to its store rollout and margin expansion opportunities. It said:

    Management execution remains a key strength for UNI and we see good growth trajectory for the name given the building of core brands while growing its store rollout. In our view, the higher margin sales from the majority private label sales should become a major driver of margin improvement and earnings growth, in an expanded store footprint. While we remain cautious on the overall consumer sentiment, given the return to positive comps while cycling elevated pcp through Jan-Feb, we think UNI is well placed as comps become supportive through the 2H.

    The broker currently has a buy rating and $6.15 price target on its shares. This implies potential upside of approximately 28% for investors over the next 12 months. The broker also expects 5%+ dividend yields from its shares this year and next.

    The post Analysts say these small cap ASX shares can deliver big returns appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Avita Medical right now?

    Before you buy Avita Medical 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 Avita Medical 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 positions in Universal Store. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Avita Medical. The Motley Fool Australia has recommended Avita Medical. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.