• Analysts say these ASX dividend stocks are top buys

    Woman calculating dividends on calculator and working on a laptop.

    Are you an income investor on the hunt for new ASX dividends stocks to buy?

    If you are, then you may want to check out the two listed below that analysts are tipping as buys. Here’s what they are saying about them:

    Cedar Woods Properties Limited (ASX: CWP)

    A recent note out of Morgans reveals that its analysts are feeling positive about this property company and see it as an ASX dividend stock to buy.

    In fact, the broker has put Cedar Woods’ shares on its best ideas list with an add rating and $5.60 price target.

    Morgans thinks that the company’s shares are undervalued and deserve to trade on higher multiples. The broker explains:

    CWP is a volume business and the demand for lots looks to be improving, with margins to invariably follow. CWP’s exposure to lower priced stock in higher growth markets sees further potential to drive earnings. On this basis, we see every reason for CWP to trade at NTA and potentially at a premium, were the housing cycle to gain steam through FY25/26.

    In respect to dividends, Morgans is forecasting dividends per share of 18 cents in FY 2024 and then 20 cents in FY 2025. Based on the current Cedar Woods Properties share price of $4.80, this will mean dividend yields of 3.75% and 4.2%, respectively.

    Suncorp Group Ltd (ASX: SUN)

    Analysts at Goldman Sachs are tipping insurance giant Suncorp as an ASX dividend stock to buy right now.

    The broker currently has a buy rating and $18.00 price target on the insurance giant’s shares.

    Goldman is feeling positive about the company due to tailwinds in the general insurance market and potential capital returns. It said:

    We are favourably disposed to Suncorp, noting in large part the tailwinds that exist in the general insurance market – i.e., very strong renewal premium rate increases and the benefit of higher investment yields. We think the strong rate momentum that SUN is getting should offset any volume pressures. SUN’s underlying margins are also expected to stay within 10-12% despite higher reinsurance costs, increased perils allowances and lower reserve release assumptions as SUN benefits from significant price increases. Further, we note that we could start to see more meaningful benefits to margin from underlying claims inflation abating. Separate to our thesis, we also see possible catalysts on the horizon for SUN including capital return post the bank sale, if completed.

    As for income, Goldman expects this to support the payment of fully franked dividends per share of 79 cents in FY 2024 and then 85 cents in FY 2025. Based on the Suncorp share price of $17.03, this will mean yields of 4.6% and 5%, respectively.

    The post Analysts say these ASX dividend stocks are top buys appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Cedar Woods Properties Limited right now?

    Before you buy Cedar Woods Properties 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 Cedar Woods Properties 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 10 July 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. 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.

  • Here’s one way to invest $20k to target an average 7% ASX dividend yield

    Hand of a woman carrying a bag of money, representing the concept of saving money or earning dividends.

    The share market is a great place to find great dividend stocks that offer an ASX dividend yield of at least 7%.

    It’s pleasing to receive annual passive income without having to do any work.

    An investor with $20,000 to invest in ASX dividend shares can unlock a pleasing level of cash flow. But, we shouldn’t expect to generate enough income to retire with $20,000 instantly.

    Income-seeking investors want a generous ASX dividend yield from their investments – a 2% dividend yield isn’t going to cut it. However, trying to find stocks that yield above, say, 10%, can be dangerous because that may not be sustainable.

    Finding the right balance

    It’s important to understand why businesses have a high dividend yield before we buy them.

    Does a stock have a high yield because the share price has been crunched, profit is falling, and the next dividends are going to be smaller?

    Is the yield currently high, but the company is in a very cyclical industry, and therefore, the dividend is unreliable?

    Or perhaps the stock is wrongly undervalued by the market and it can maintain that level of dividend payments for the foreseeable future?

    One major factor to consider is the dividend payout ratio – how much of the company’s annual profit is paid as dividends. The higher the payout ratio, the higher the ASX dividend yield, but also the less that’s being retained in the company to reinvest for future growth.

    Some businesses are capable of growing earnings and sustaining a very high dividend payout ratio, while others may need to keep some profit just to keep next year’s earnings at a similar level.

    ASX dividend shares I’d choose for yield

    I’d go for businesses that are expected to have a high ASX dividend yield for the foreseeable future and can deliver earnings growth.

    Telstra Group Ltd (ASX: TLS) shares could provide a large dividend yield, supported by growing earnings amid rising mobile prices and subscriber growth. According to Commsec, the telco is expected to pay a grossed-up dividend yield of 7.1% in FY25, with further growth in FY26.

    Metcash Ltd (ASX: MTS) supplies various independent food and liquor retailers, including IGA, IGA Liquor, Bottle-O, Cellarbrations and Porters Liquor. It also owns hardware businesses, including Mitre 10, Home Timber & Hardware and Total Tools. Population growth and a recovery of hardware earnings are potential future tailwinds. Commsec estimates imply a grossed-up dividend yield of 8% in FY25 and growth in FY26.

    Medibank Private Ltd (ASX: MPL) is the largest private health insurer. It’s benefiting from rising premiums, strong investment returns on its assets and growing subscriber numbers. Commsec numbers suggest a grossed-up dividend yield of 6.6% in FY25, with further growth in FY26.

    Universal Store Holdings Ltd (ASX: UNI) is a retailer of premium youth fashion. It has grown its dividend each year since 2021, when it started paying one. The business can benefit from an ongoing store rollout and an eventual recovery of household retail spending. Commsec numbers suggest a forecast grossed-up dividend yield of 7.7% in FY25 and an even bigger dividend in FY26.

    I think that’s a good starting point for an ASX dividend portfolio. The forecast average grossed-up dividend yield for FY25 of the stocks I’ve mentioned is about 7.3%, so a $20,000 investment spread evenly between them would generate $1,460.

    The post Here’s one way to invest $20k to target an average 7% ASX dividend yield appeared first on The Motley Fool Australia.

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

    Before you buy Medibank Private 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 Medibank Private 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 10 July 2024

    More reading

    Motley Fool contributor Tristan Harrison has positions in Metcash. 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 positions in and has recommended Telstra Group. The Motley Fool Australia has recommended Metcash. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • The best and worst changes ‘Bridgerton’ season 3 made from the books

    Luke Newton as Colin Bridgerton and Nicola Coughlan as Penelope Featherington in "Bridgerton" season three.
    Luke Newton as Colin Bridgerton and Nicola Coughlan as Penelope Featherington in "Bridgerton" season three.

    • "Bridgerton" season three adapts Julia Quinn's fourth novel from the "Bridgerton" book series.
    • However, the show's plot strays quite a lot from "Romancing Mister Bridgerton."
    • Here are the seven best and seven worst changes the TV show made.

    "Bridgerton" season three might be based on "Romancing Mister Bridgerton," but the Netflix series took some major liberties with the source material.

    Season three follows the general book plot by adapting the friends-to-lovers romance between Penelope Featherington (Nicola Coughlan) and Colin Bridgerton (Luke Newton). But the rest of the story is filled with changes, including the love triangle in season three, part one.

    This is not uncommon for "Bridgerton," which has been a roaring success since its first season and is one of Netflix's most-watched series ever.

    Here are the best and worst changes "Bridgerton" season three made from the books.

    Best: Cressida and Eloise's friendship
    eloise standing next to cressida cowper in bridgerton, among a crowd in a ballroom. eloise is wearing a blue gown and smiling, while cressida looks forward, wearing an ornate gold gown
    Eloise forges a new friendship with Cressida in season three of "Bridgerton."

    In "Romancing Mister Bridgerton," Cressida Cowper is a one-note bully of London's high society, and she never becomes friends with Eloise Bridgerton, Colin's younger sister.

    However, in the series, the writers evolve Cressida (Jessica Madsen) as a character through her friendship with Eloise (Claudia Jessie). We learn that Cressida bullies others due to her insecurity of not having any friends or suitors.

    We also learn that Cressida is in a tough position because her parents insist on her finding a suitor. She needs a husband to escape her family.

    Cressida develops from the one-note bully to a fully realized woman trying to survive in the Ton.

    The friendship also develops Eloise. Since season one, she has been a self-obsessed, slightly insensitive, reckless young lady. She doesn't listen to anyone's advice until her friendship with Cressida, and the audience can see her maturing this season.

    Best: The addition of Lord Debling
    The first look photo of Penelope (Coughlan) and Lord Debling (Sam Phillips) in "Bridgerton" season three.
    Penelope (Coughlan) and Lord Debling (Sam Phillips) in "Bridgerton" season three.

    In "Romancing Mister Bridgerton," most of the tension in Penelope and Colin's relationship comes from his realization that she's Lady Whistledown.

    But the timelines are a bit different in season three of the show. To up the urgency, "Bridgerton" instead creates a romantic rival: Lord Debling. Like Penelope, Lord Debling is looking for a match — but he seeks a practical, rather than romantic, one given that he plans on traveling for years at a time. For Penelope — a.k.a. the Ton's most prolific gossip columnist — that's pretty ideal, even if she'd prefer love.

    It's nice to see someone genuinely interested in Penelope (other than Colin, after he gets his act in gear), and Sam Phillips' Lord Debling is a great mix of polished, detached, and a little bit odd. Seeing Colin jealous is pretty delightful, too.

    Best: Francesca Bridgerton makes her debut this season
    francesca bridgerton in season 3
    Francesca Bridgerton in season three.

    Francesca Bridgerton is the not-so-secret second lead of "Bridgerton" season three. Hannah Dodd takes over the role from Ruby Stokes, who departed after the show's second season, and handles Francesca's debut with aplomb.

    Francesca's storyline this season is different from what we've seen from the other "Bridgerton" couples, due in part to the fact that her true love story in the books is still yet to come. Contrary to her mother's aspirations, Francesca isn't set on a love match — she mostly wants a kind husband and a good life. Still, she finds a kindred spirit in Lord Kilmartin, a man who prefers to bond in silence and rearranges music for her at the drop of a hat.

    This part of Francesca's story takes place on a different timeline in the books vis-à-vis Penelope and Colin's. But it's great to see her develop a relationship and get more space as a character prior to her eventual time as a romantic lead.

    Best: Gender-swapping Michaela Stirling
    Victor Alli as John Stirling and Masali Baduza as Michaela Baduza in the season three finale of "Bridgerton."
    Victor Alli as John Stirling and Masali Baduza as Michaela Baduza in the season three finale of "Bridgerton."

    In season three, part two, "Bridgerton" revealed that it had changed the gender of Francesca's eventual love interest: Michael was now Michaela, her husband John's cousin.

    In "When He Was Wicked," Francesca's book in the series, she eventually falls in love with John's cousin Michael after John's death two years into their marriage. But in the season three finale, John introduced Francesca to Michaela — and Francesca was visibly smitten.

    Changing Michael's gender, and therefore key elements of his and Francesca's story, has proven to be divisive for book fans, though Quinn publicly stands behind it. But Francesca's story does easily lend itself to a queer interpretation, and it's huge for "Bridgerton" to set up a queer relationship for one of the siblings.

    Best: The balloon incident
    colin bridgerton and other men standing on a wooden platform, pulling at several ropes tethered to a balloon. colorfully dressed onlookers watch from the background
    The balloon incident is a great moment for Colin, let's be real.

    Every "Bridgerton" man needs a good opportunity to showboat, and this is Colin's.

    Before a hot-air balloon launch, an unmoored rope and an unusually windy day cause the balloon to drift off. Colin, his forearms exposed, grabs one of the ropes and rallies a group of men to heave the balloon and its basket back onto the platform.

    This scene has everything: a brute display of strength, Penelope almost getting caught in the balloon's path because she was busy staring at Colin, and Lord Debling chivalrously protecting her from harm. Colin receives plenty of adoration from the audience, but he only has eyes for Penelope. If only he understood that he was in love with her!

    This incident doesn't happen in "Romancing Mister Bridgerton," but it's the perfect dose of jealousy-tinged frivolity that we need in "Bridgerton."

    Best: Violet Bridgerton's romance
    Daniel Francis as Lord Anderson, Adjoa Andoh as Lady Danbury, and Ruth Gemmell as Lady Violet Bridgerton on season three, episode four of "Bridgerton."
    Daniel Francis as Lord Anderson, Adjoa Andoh as Lady Danbury, and Ruth Gemmell as Lady Violet Bridgerton on season three, episode four of "Bridgerton."

    The first two seasons and "Queen Charlotte: A Bridgerton Series" have been mainly focused on young people falling in love. The same situation occurs in the "Bridgerton" books.

    But in season three, we finally get a hint at an older love story with the burgeoning flirtation between Violet Bridgerton (Ruth Gemmell) and Lord Marcus Anderson (Daniel Francis).

    It is really great to see one of the show's best older characters get a romance. Violet and Lord Marcus have both been widowed, so it would be a great opportunity for the series to develop a "second love" relationship.

    "Bridgerton" hasn't gone full out on this relationship just yet — but there's a lot of potential going forward.

    Best: Making Benedict queer
    Luke Thompson as Benedict Bridgerton on season three, episode seven of "Bridgerton."
    Luke Thompson as Benedict Bridgerton on season three, episode seven of "Bridgerton."

    This may not have been Benedict's season, but the writers' room didn't leave him hanging. The show has periodically teased that Benedict may not be straight, and this season, it finally pulled through by sending him tumbling into the sheets with Lady Tilley Arnold and her friend Paul. Benedict's queer! All rejoice!

    Benedict is now firmly in his fling era, which is a bit at odds with the fact that it seems like his romance is due next season. But whatever — it's fun enough that "Bridgerton" finally opened up this side of his character.

    Worst: Benedict is still single and lost
    Luke Thompson as Benedict Bridgerton on season three, episode two of "Bridgerton."
    Luke Thompson as Benedict Bridgerton on season three, episode two of "Bridgerton."

    The other side of the threesome coin: Benedict is still a bachelor.

    By "Romancing Mister Bridgerton," Benedict had found his lover and was already married.

    However, the "Bridgerton" TV series skipped his romance for now, so he is still single and lost. While Benedict's casual relationships were fun in the first season, it was a little disappointing to postpone Benedict's romance to give him another fling.

    Benedict is one of the best Bridgertons. We want to see his love story!

    Worst: Lady Danbury doesn't have a friendship with Penelope
    Daniel Francis as Lord Anderson, Adjoa Andoh as Lady Agatha Danbury on season three, episode four of "Bridgerton."
    Daniel Francis as Lord Anderson, Adjoa Andoh as Lady Agatha Danbury on season three, episode four of "Bridgerton."

    One of the best past of "Romancing Mister Bridgerton" was Penelope's friendship with Lady Danbury (Adjoa Andoh), a wise, independent widow in the Ton.

    She was part of Penelope's transition coming out of her shell, and their conversations always showed that Penelope was so much braver than she thought. Their interactions are among the few insights into Lady Danbury's personality in the book series since she is a more minor character there.

    Though Lady Danbury has been more developed in the TV series, she doesn't interact with Penelope much. Pen is left to fend for herself without any friends this season other than Colin, though Lady Danbury supports her after she reveals her identity.

    This allows Penelope to find the courage alone but doesn't help Lady Danbury's arc in season three. Lady Danbury randomly props up Francesca instead, but this pairing has no interesting interactions.

    Worst: The Featherington sisters' baby race
    philipa featherington and prudence featherington, young women with red hair and blue and purple gowns, speaking with their mother lady featherington in a dining room
    Philippa and Prudence Featherington are under pressure to produce an heir.

    "Bridgerton" leaned pretty hard into the entire "these poor young women don't know how sex works" thing in season one. While potentially realistic, by season three it's become a bit tired.

    Penelope's sisters, Prudence and Philippa, are both married, and their mother is putting pressure on both of them to produce a baby. If either of them had a son, that child would become the new Lord Featherington. That's particularly important, given that Lady Featherington herself is under threat from the Crown to have to transfer their estate to another family.

    Unfortunately, Prudence and Philippa are shockingly clueless when it comes to procreation. But by this point in time, the bumbling sex schtick is a bit tiresome. In "Romancing Mister Bridgerton," the Featherington heir race isn't a part of the plot — and while it's an understandable concern, it could do with a bit of nuance this season.

    Luckily, by the end, all three Featherington sisters have managed to conceive. In a twist, it's Penelope who has given birth to the new Lord Featherington.

    Worst: Penelope doesn't have a younger sister
    Nicola Coughlan as Penelope Featherington on season three, episode one of "Bridgerton."
    Nicola Coughlan as Penelope Featherington on season three, episode one of "Bridgerton."

    In "Romancing Mister Bridgerton," Penelope isn't the youngest Featherington sister. In addition to Philippa and Prudence, she has a younger sister — Felicity.

    Felicity is close friends with Hyacinth Bridgerton and serves as another conduit of information between the Bridgerton and Featherington families. In the book, Lady Featherington schemes to set Felicity up with Colin, a prospect that Penelope balks at. But Penelope and Felicity are close, and her friendship with Hyacinth is a regular sense of entertainment.

    It's easy to see why Felicity isn't around in "Bridgerton" — frankly, there are plenty of characters to keep track of, and she doesn't play an irreplaceable role in Penelope's story. But Felicity's inclusion in the story adds a bit of levity through her friendship with Hyacinth. It also underscores the tensions within the Featherington family: Lady Featherington thinks much more highly of Felicity than she does Penelope.

    Worst: Penelope and Colin are much younger than their book counterparts
    Colin and Penelope in Bridgerton season 3
    Penelope and Colin finally take center stage in season three — but on a quicker timeline than in the books.

    The "Bridgerton" book series has bigger gaps of time between the events of each book. This means that by the time Penelope and Colin get to their love story in the fourth book, Penelope is 28, and Colin is 33.

    Penelope's desperation to find a husband makes a lot more sense in the book: In that era, she would definitely be considered a spinster at 28.

    Penelope is only in her third year in society in the TV series, so her desperation feels forced.

    In addition, the timeline in the book version supports their rapid transition from friends to lovers. Colin would be mature enough to realize Penelope's beauty and have known her much longer. Therefore, he would have less hesitation in marrying her quickly.

    Worst: The anti-climatic Lady Whistledown reveal
    Penelope Featherington (Nicola Coughlan) admits the truth to Queen Charlotte (Golda Rosheuvel) in "Bridgerton" season three, episode eight.
    Penelope Featherington (Nicola Coughlan) admits the truth to Queen Charlotte (Golda Rosheuvel) in "Bridgerton" season three, episode eight.

    This is a tricky one, because the Whistledown reveal in "Romancing Mister Bridgerton" is also a bit wonky. In the book, it's Colin who presents his wife as Lady Whistledown at his sister Daphne's ball — and he does so without Penelope knowing that he's going to do it.

    In the show, Penelope decides to reveal herself by confessing to Queen Charlotte and asking to justify herself to the public. It means that Penelope gets to divulge the information more on her own terms. But the reveal ends up feeling rather anti-climactic on screen. Philippa Featherington ends the awkward moment with her now-iconic, "Now, Varley, the bugs," but the entire sequence comes off abrupt.

    That's not to say the reveal in the book is perfect — but there's something to be said for the romance of Colin making sure the entire Ton knows that his wife doesn't stand alone.

    Worst: Cressida finds out about Lady Whistledown mostly by chance
    Jessica Madsen as Cressida Cowper in season three, episode seven of "Bridgerton."
    Jessica Madsen as Cressida Cowper in season three, episode seven of "Bridgerton."

    In "Romancing Mister Bridgerton," Cressida figures out that Penelope is Lady Whistledown due to Penelope's own error. Penelope says that it would "break my heart" if Cressida turned out to be Whistledown after she publicly makes the claim. Later, Penelope repeats the same turn of phrase in a column.

    "She is nothing more than a scheming imposter, and it would break my heart to see my years of hard work attributed to one such as her," Penelope writes.

    Cressida catches the mistake and figures out Penelope's identity, highlighting both her own cleverness and Penelope's carelessness.

    The show goes for a more direct approach. Cressida learns about Whistledown from a printer who tells Cressida that Whistledown is a redhead.

    Sure, we end up in the same place — but it's a bit more fun when Penelope's hubris is almost the cause of her undoing.

    "Bridgerton" season three is available to stream on Netflix.

    Read the original article on Business Insider
  • Long-range strike weapons plans for Europe risk bringing back one of the most dangerous aspects of the Cold War, arms control experts say

    An Army Tactical Missile System is fired into the sky from the barren ground in Australia.
    US soldiers launch the Army Tactical Missile System (ATACMS) from the M142 High Mobility Artillery Rocket System (HIMARS).

    • The US and its allies have various plans to bolster their long-range weapons capabilities in Europe.
    • The moves replicate one of the most dangerous aspects of the Cold War, experts caution.
    • The renewed long-range strike arms race with Russia runs the risk of escalating tensions across Europe.

    The US and some of its NATO allies are pushing ahead with plans to develop and field new long-range strike options in Europe as the Ukraine war highlights the combat value of these weapons and a lack of restrictions in this space gives way to new movement.

    The new moves reflect one of the most dangerous aspects of the Cold War, risking escalation and a deep-strike arms race with Russia, arms control experts say.

    "We've been down this road before, and it took us many decades to get off it with hard-learned lessons about the dangers of" an intermediate-range "missile escalation in Europe," Hans Kristensen, Director of the Nuclear Information Project at the Federation of American Scientists told Business Insider.

    He called the potential "tit-for-tat escalation posturing" a hallmark of the Cold War that could make a comeback now.

    The US announced plans last week to place long-range capabilities in Germany, beginning in 2026 with episodic deployments prior to permanent stationing at a future unforeseen date.

    "When fully developed," the allies wrote in a statement," these conventional long-range fires units will include SM-6, Tomahawk, and developmental hypersonic weapons, which have significantly longer range than current land-based fires in Europe."

    That announcement was followed a day later by movement on plans from a handful of NATO allies to develop new long-range missiles. France, Poland, Germany, and Italy signed the initiative focusing on ground-launched cruise missiles with ranges in excess of 500 kilometers.

    US Army Tactical Missile System (ATACMS) firing a missile into the East Sea during a South Korea-U.S. joint missile drill.
    US Army Tactical Missile System being fired in training.

    In both cases, the US and its European partners are responding to what they see as critical gaps in their long-range fires arsenals exposed by the war in Ukraine.

    The war has "demonstrated something that many already knew: Long-range strike weapons are of great utility for fighting wars," Fabian Hoffmann, a doctoral research fellow at the Oslo Nuclear Project at the University of Oslo, wrote in a War on the Rocks commentary.

    "The ability to engage targets at operational and strategic depth critically enables the conduct of offensive and defensive maneuvers and can shape the conditions for victory on the battlefield," he explained.

    The new plans follow years of rising tension between the West and Russia on a range of issues, including long-range fires in the aftermath of the 2019 US withdrawal from the INF Treaty, which Washington accused Moscow of violating. Russia denied the allegations and later also pulled out of the agreement, opening the door for both to develop and field new ground-launched ballistic and cruise missiles.

    In response to the US and Germany's plans, as well as other NATO actions, Kremlin spokesperson Dmitry Peskov said: "This is a very serious threat to the national security of our country."

    "All of this," he said, "will require us to take thoughtful, coordinated, effective responses to deter NATO, to counteract NATO."

    US Navy warship USS Savannah fires an SM-6 missile
    SM-6 missile fired by a US Navy warship.

    Experts pointed to Russia's violation of the INF Treaty as prompting a snowball effect. "I have long said that Russians will come to regret Putin's violation of the 1987 INF Treaty. He opened the door to significant deployments of accurate, long-range conventional missiles in Germany and elsewhere," Jeffrey Lewis, a professor at the Middlebury Institute of International Studies at Monterey and a nuclear proliferation expert, wrote on X.

    Though Russia set this in motion, the deployment plans for Europe certainly seem escalatory, Kristensen explained, and will likely prompt Russia to deploy more of its own long-range weapons.

    "There is an element of autopilot in this dynamic because each side uses acts by the other to justify more and more steps to build up its military capabilities," he said, adding that it seems the East and West are back on track for "tit-for-tat reactions."

    Kristensen's views echoed concerns from other experts and officials on the latest developments.

    Jon B. Wolfsthal, a nuclear arms control and nonproliferation expert and an Obama administration official for national security affairs, posted on X that "we have recreated one of the most dangerous components of the Cold War in Europe and things will only get worse from here."

    A Storm Shadow/SCALP missile on the wing of a Rafale fighter.
    A Storm Shadow/SCALP missile on the wing of a Rafale fighter.

    Conventional long-range strike capabilities within the 500-kilometer to 5,500-kilometer range provide a powerful ability to strike deep into enemy territory with little to no notice. Though the intention in fielding new capabilities may be deterrence, it could instead ignite an arms race.

    The silver lining in the US agreement with Germany, Kristensen said, is that it's non-nuclear.

    But, he added, "conventional missiles — especially fast-flying ballistic missiles — have their own problems in that they shorten the time leaders have to react and therefore increases risk of overreaction and mistakes, factors that drive worst-case planning and undermines crisis stability. And superior conventional capabilities can drive the other side to rely more on nuclear weapons to compensate."

    Read the original article on Business Insider
  • Red Lobster’s fall is a case study on how to kill a business

    Once a seafood powerhouse in America, Red Lobster is bankrupt and shutting down dozens of restaurants. Is Wall Street to blame?

    Read the original article on Business Insider
  • Gen Z data scientist says many majors in the field are interchangeable — so this is what to do if you want an AI job

    Allison Krinsky smiling
    Allison Krinsky is a data scientist at JPMorgan and graduated with a degree in informatics from the University of Washington in 2022.

    • While AI jobs are booming, many colleges don't have specific degrees in AI yet.
    • Allison Krinsky, a data scientist at JPMorgan, emphasizes hands-on experience over formal education.
    • Krinsky advises building your own AI projects, like a travel system or sentiment analysis model.

    Careers in AI are hot right now. And while many schools are adapting their curriculum to incorporate classes on the topic, there's still a short list of schools that offer an AI major.

    Allison Krinsky graduated from the University of Washington with a degree in informatics in 2022. She now works as a data scientist at JPMorgan and makes videos about tech careers in her free time. She told Business Insider that many majors are interchangeable and that several degrees, such as computer science, math, information sciences, and data science, can lead to jobs in the field.

    But even though Krinsky studied a traditional curriculum to get a tech job, she said her work at a research lab advanced her career more than anything else. She said during her year at the lab, she did a "heap" of things including building models and managing databases.

    Most AI-related jobs require a technical portion in the interview process and Krinsky said candidates need to be able to talk about the projects they've done.

    "A lot of times my interviews would just be people asking me about what I had built and what I did and the problems that I faced," Krinsky said.

    Krinsky said while Big Tech names may look flashy on your résumé, hands-on experience is crucial to actually landing the job. In the internships she had before the research lab, she said she was given small projects that didn't involve too many skills.

    "The internship is great to say somebody hired me, and that's a little bit of credibility," Krinsky said. "But you're not out of the game if you haven't had a traditional internship."

    As AI jobs grow more in demand, some companies are growing increasingly picky about what they're looking for. So if you have limited experience or if you want to enhance your résumé, it's not a bad idea to build your own project and skill up. Krinsky said there are a number of avenues you could go down depending on the kind of roles you're interested in.

    One option Krinsky recommends is a travel recommendation system built with large language models. She said you could do this project with limited experience and in different ways, like by using prompt engineering, retrieval augmented generation, or fine-tuning.

    Krinsky also suggested creating a sentiment classification system for reviews, using natural language processing. She said this involves extracting information from text data and sorting it into entities like positive or negative sentiments. Krinsky said this can be used for financial analysis or identifying investment opportunities or risks.

    Krinsky said you can also try an image recognition or computer vision project. This involves finding a set of pictures with labels and teaching a computer to identify what's in the images. She said it's a good way to learn about neural networks.

    Krinsky said these projects can take between one and three months, depending on how much free time you have. Most projects start with scraping the web for data and then require building, training, and fine-tuning the model. Krinsky also recommended creating a report detailing the project process and results so that you have something to show for your work.

    The projects don't have to be revolutionary, she said, but you should experiment with multiple data sets and be able to explain what's happening. She said anyone can recreate code from a tutorial so it's important to add a unique aspect.

    "You have to get past 'I just wrote code and it didn't break,'" Krinsky said.

    Read the original article on Business Insider
  • Democrats say Nancy Pelosi is playing ‘3-D chess’ from inside the Biden campaign crisis

    Nancy Pelosi stands at a lectern, wearing a white suit jacket and chunky necklace. Her face is serious.
    Pelosi has been meeting with top Democrats to discuss their doubts about Biden's chances, Politico reported. 

    • Democrats told Politico they believe Nancy Pelosi is playing "3-D chess" behind the scenes.
    • Pelosi has been meeting with top Democrats to discuss their doubts about Biden's chances. 
    • But as time runs out to either nominate or replace Biden, the stakes of the game are only growing.

    Nancy Pelosi may not be openly calling for President Joe Biden to step out of the 2024 race, but she's not exactly giving him her unconditional support either.

    Behind the scenes, the former speaker of the House has been meeting with top Democrats to discuss their doubts about Biden's reelection chances, Politico first reported. In front of the camera, she's told the hosts of MSNBC's "Morning Joe" that Biden still needs to decide whether to continue running despite the president's repeated assertions that he will not step down.

    What Pelosi has said — and strategically not said — about Biden's campaign crisis in both public and private conversations has led some Democratic insiders to believe she is playing a game of "3-D chess," five Democratic lawmakers and senior aides told Politico.

    One lawmaker told the outlet that in a private phone call, Pelosi was "very receptive" to that lawmaker's concerns about Biden's ability to defeat Donald Trump. The member also told Politico that, based on their conversation with Pelosi, they believed she is in favor of Biden leaving the race.

    Much like Vice President Kamala Harris, Pelosi has been in a tough spot politically ever since Biden's flubbed debate performance led some Democrats to question his viability as a candidate. If Pelosi openly calls for Biden to drop out, she looks disloyal and could further hurt Biden's campaign if he is not replaced on the ticket. But, if she truly believes Biden cannot win and still chooses to stay silent, then she not only looks complicit but also puts her entire party at risk of major losses in the White House and Congress this November.

    That tension may be exactly what's fueling her complex game of chess. But as time is running out for Democrats to either replace or formally nominate Biden, the stakes of the game are only weighing heavier on the future of the Democratic party and the country.

    A representative for Pelosi did not immediately respond to a request for comment from Business Insider.

    Read the original article on Business Insider
  • Trump’s new running mate, JD Vance, is stirring new fears the US could abandon Ukraine if they win the election

    Sen. JD Vance, an Ohio Republican, speaks at a news conference on Capitol Hill.
    Sen. JD Vance, an Ohio Republican, blamed the housing affordability crisis largely on high interest rates in an interview with Business Insider last year.

    • JD Vance has criticized US support for Ukraine amid his VP nomination on GOP ticket.
    • Vance argues US aid to Ukraine diverts resources from Taiwan and urges more European support.
    • Despite the Trump-Vance stance, Zelenskyy said he will work with a potential Trump administration.

    Former president Donald Trump's rhetoric on Ukraine has triggered concerns in Kyiv and among US allies and partners. Ohio Sen. JD Vance's nomination for vice president on the Republican Party ticket is unlikely to alleviate those fears.

    Vance has been critical of US support for Ukraine, and at the Munich Security Forum earlier this year, Vance said the US should "pivot" from Ukraine and Russia's war.

    "I certainly admire the Ukrainians who are fighting against Russia," he said during a speech in May, "but I do not think that it is in America's interest to continue to fund an effectively never-ending war in Ukraine."

    One European official told The Wall Street Journal that with the news of Trump's new running mate, "Ukraine is in trouble," while another official told the Guardian that "it's bad for us, but it's terrible news for [Ukraine]."

    Worries have also been voiced domestically. Following Vance's nomination, former Rep. Liz Cheney raised several concerns about Vance and criticized his stance on Ukraine and wrote on X that if he were elected, he would "capitulate to Russia and sacrifice the freedom of our allies in Ukraine."

    Vance has indicated his sights are set on East Asia.

    He called China the "biggest threat to our country" in an interview with Fox News on Monday. And back in April, he wrote in a New York Times op-ed that the US sending weapons and aid to Ukraine is delaying shipments of weapons to Taiwan.

    Trump's perspective appears a little different, as he notably said in a new interview with Bloomberg that Taiwan should pay the US for defense. Comparing the US to an "insurance company," he said that the island democracy "doesn't give us anything."

    Trump has also been an outspoken critic of European defense spending, even going so far as to say he would permit Russia to harm allied nations that don't pay their fair share. Vance has written that America's European allies should contribute more to support Ukraine.

    "While some European countries have provided considerable resources, the burden of military support has thus far fallen heaviest on the United States," he said.

    Vance voted against the $61 billion package to Ukraine that was eventually approved by US Congress earlier this year.

    Trump has also expressed his desire to move on from Ukraine and Russia, having previously said that if he were president again, he could end the conflict within a day. Though he hasn't said how, the expectation is that Ukraine would have to make unfavorable concessions.

    "It ends the way nearly every single war has ever ended: when people negotiate and each side gives up something that it doesn't want to give up," Vance said of the Ukraine war back in December, per NBC's reporting.

    Ukrainian President Volodymyr Zelenskyy has said that he believes that the majority of members in the Republican Party support Ukraine and that he is ready to work with the Trump administration.

    "If Mr. Donald Trump becomes president, then we will work with him," Zelenskyy said at a recent press conference. "I am not afraid of it." It's less clear, though, what considerations may be playing out privately.

    Read the original article on Business Insider
  • I’d buy Woodside shares today to generate $1,000 of monthly passive income

    Happy couple enjoying ice cream in retirement.

    Looking for a $1,000 monthly passive income to boost your retirement prospects?

    Or maybe to spend on a few luxury extras well before you enter those retirement years, like a fancy vacation, that new living room ensemble, or perhaps even an upgraded car?

    While there are a number of quality S&P/ASX 200 Index (ASX: XJO) dividend stocks that can help build that passive income stream, the one I’d buy today is oil and gas company Woodside Energy Group Ltd (ASX: WDS).

    Woodside shares have been in an uptrend since 24 June, with the stock up 9% in that time. Still, at yesterday’s closing price of $29.40 a share, the ASX 200 dividend stock is down 18% over 12 months. Which, I believe, represents a potentially opportune long-term entry point.

    Now the future, by definition, is uncertain.

    But I believe that amid strong global energy demand, both oil and gas prices are more likely to rise over the next 12 months than they are to fall. And even at current Brent crude prices of close to US$86 per barrel, Woodside is well in profit range and likely to continue rewarding shareholders with outsized passive income.

    We’ll get to that below.

    But first, an important reminder.

    Spread your risks

    In this article, we look at only one ASX 200 dividend stock to garner our $1,000 in monthly passive income, or $12,000 a year.

    Of course, if I only buy Woodside shares, then my entire income stream is reliant on this one company’s performance. That might work out swimmingly. But if the company runs into unexpected headwinds it could also see my income take a big, unexpected hit.

    With that in mind, I’d eventually expand my passive income portfolio to a larger number of ASX dividend shares. There’s no magic number. But 10 is a decent target. Ideally, these will operate across a range of different sectors and locations, helping to lower my overall risks.

    Also, bear in mind that the yields you generally see quoted are trailing yields. Future yields may be higher or lower depending on a range of company-specific and macroeconomic factors.

    Drilling into Woodside shares for $1,000 a month in passive income

    Now, let’s return to the one ASX dividend stock I’d buy today.

    Over the past 12 months, Woodside paid a fully franked interim dividend of $1.244 a share on 28 September and a fully franked final dividend of 91.7 cents a share on 4 April.

    That equates to a full-year passive income payout of $2.161 a share, with potential tax benefits from those franking credits.

    At yesterday’s closing price of $29.40, this ASX 200 dividend stock has a market-beating trailing yield of 7.4%.

    Now, to secure my $1,000 in monthly passive income, or $12,000 a year, I’d need to buy 5,553 shares today.

    Granted, that’s a large quantity of stock to buy all in one go.

    But as I’ve said before, investing is a long game.

    If I can’t buy all those Woodside shares today, I can buy them in smaller allotments over time.

    Eventually, I’ll achieve my passive income goal.

    The post I’d buy Woodside shares today to generate $1,000 of monthly passive income appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Woodside Petroleum Ltd right now?

    Before you buy Woodside Petroleum Ltd 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 Woodside Petroleum Ltd 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 10 July 2024

    More reading

    Motley Fool contributor Bernd Struben 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.

  • How risky is buying ASX lithium shares right now?

    Two young risk-taking men pose for the camera as they jump off a cliff into the sea.

    Investing in ASX lithium shares certainly has not come without its fair share of risks.

    Most lithium producers and explorers rocketed higher in 2022 and into 2023 as the price of the battery critical metal they dig from the ground hit all-time highs.

    But with demand growth slowing and supply growth ramping up, that trend reversed resulting in an 85% collapse in global lithium prices from those record prices.

    While prices have somewhat stabilised in 2023, many of the ASX lithium shares with higher costs have found themselves operating at a loss. Some have gone so far as to suspend production, awaiting the return of better market prices.

    As for the risk of investing in the lithium miners in the past year, here’s how these top-name stocks have performed over 12 months:

    • Pilbara Minerals Ltd (ASX: PLS) shares are down 40%
    • Core Lithium Ltd (ASX: CXO) shares are down 87%
    • IGO Ltd (ASX: IGO) shares are down 61%
    • Liontown Resources Ltd (ASX: LTR) shares are down 66%
    • Sayona Mining Ltd (ASX: SYA) shares are down 82%
    • Lake Resources (ASX: LKE) shares are down 87%
    • Latin Resources Ltd (ASX: LRS) are down 51%
    • Patriot Battery Metals Inc (ASX: PMT) are down 67%
    • Mineral Resources Ltd (ASX: MIN) are down 20%

    I think those figures speak to the formidable risks on investing in ASX lithium shares.

    At least for the year just past.

    But what about the year ahead?

    Are ASX lithium shares still very risky?

    To be clear, every investment comes with its own unique risks.

    As for the particular risk of investing in ASX lithium shares, we’ll defer to Blackwattle Investment Partners.

    Here’s what the fund managers reported on Blackwattle’s own investments and outlook for the Aussie lithium miners.

    In June, the Blackwattle Small Cap Quality Fund lost ground on its Latin Resources and Patriot Battery Metals holdings. Blackwattle noted that the lithium commodity price continued to follow a volatile trading pattern over the month.

    As for those risks, the fund manager added:

    Perversely, when considering investments in the resources sector, the risk is the lowest when commodity prices are falling toward the lower end of the cost curve for mining companies with tier-one assets.

    At current spodumene lithium prices, few hard rock miners are generating much free cash flow today. As such, we continue to maintain modestly sized holdings in the lithium sector. In our view projects with superior economics like Latin Resources and Patriot Metals are well placed to ride out near-term volatility in the lithium price.

    Noting that it will take some time for the supply and demand dynamics in lithium markets to balance, Blackwattle said, “At current prices, new projects, such as Pilbara Minerals’ P2000, don’t stack up.”

    However, the fund managers are more optimistic about the outlook of Arcadium Lithium (ASX: LTM) after the ASX lithium share plunged 26% in June.

    Arcadium, as you may know, started trading on the ASX in December, formed from the merger of the previously ASX-listed Allkem and US-listed Livent.

    According to Blackwattle:

    The merger has created a quality, vertically integrated global lithium chemicals producer with a significant synergy opportunity & production growth upside.

    We see significant upside for LTM outside any moves from the lithium price, as the new business looks to maximise the merger potential through synergies, driving cost & capex reductions as well as improved pricing.

    We view a potential rebound in lithium prices at some point as option value.

    Foolish takeaway

    So, is investing in ASX lithium shares right now risky?

    You bet.

    But could buying some of the beaten-down, low-cost producers also pay off handsomely over the longer run?

    I certainly think it could.

    Just don’t invest more than you’re prepared to lose.

    The post How risky is buying ASX lithium shares right now? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Core Lithium Ltd right now?

    Before you buy Core Lithium Ltd 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 Core Lithium Ltd 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 10 July 2024

    More reading

    Motley Fool contributor Bernd Struben 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.