• Guess which ASX lithium stock was just named as a sell

    A man slumps crankily over his morning coffee as it pours with rain outside.

    It has been a tough 12 months for IGO Ltd (ASX: IGO) shares.

    Since this time last year, the ASX lithium stock has lost 62% of its value.

    This means that if you had invested $5,000 into its shares a year ago, you would only have $1,900 left today.

    Where next for this ASX lithium stock?

    Unfortunately, one leading broker believes there are more declines to come for the battery materials miner.

    According to a note out of Bell Potter this morning, its analysts have downgraded IGO’s shares to a sell rating (from hold) and cut the price target on them by 32% to $5.15 (from $7.60).

    Based on the current IGO share price of $5.70, this implies potential downside of approximately 10% for this ASX lithium stock.

    What did the broker say?

    Although Bell Potter was pleased to see that dividends continue to be paid from the Tianqi Lithium Energy Australia (TLEA) joint venture, it has still taken an axe to its earnings estimates to reflect weaker than expected lithium prices. It commented:

    Dividends from TLEA have been lumpy in FY24, with 1Q $578m, 2Q $0m, 3Q $25m, and now 4Q $159m. We view the dividend as a positive signal on TLEA’s ability to generate returns to shareholders in the current lithium price environment, while executing committed expansion programmes at Greenbushes. Our EPS changes include: FY24 -1%, FY25 -65%, FY26 -17%, resulting from changes to our forecast lithium production and price forecasts, mainly driven by reducing our average SC6 forecast over the next 12-months to US$1,200/t (from US$1,400/t) and our average lithium hydroxide forecast over the next 12-months to US$15,500/t from (US$24,000/t).

    In response to the above, the broker has conducted a valuation sensitivity analysis to long-term lithium prices. Its model found that the market is pricing in stronger long-term lithium prices than it is comfortable with. It concludes:

    We conducted a valuation sensitivity analysis to long-term lithium prices, using our model. The analysis highlights that the current share price implies long-term lithium prices of US$1,450/t SC6 and US$20,000/t lithium hydroxide, which are significantly higher than spot prices (US$1,000/t SC6 and US$12,000/t), notwithstanding the existing high degree of negative market sentiment around the lithium sector. In our view there remains considerable further short-term downside risk to the share price if sentiment deteriorates further. We reduce our Target Price by blending (50:50) our BPe valuation (using our commodity price forecasts) with a spot price valuation, reduce our Target Price to $5.15ps, and downgrade our recommendation to Sell.

    The post Guess which ASX lithium stock was just named as a sell appeared first on The Motley Fool Australia.

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

    Before you buy Igo 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 Igo 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 24 June 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 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.

  • Florida residents were shocked to see a manatee swimming in their human-made lake. A biologist thinks she knows how it got there.

    A manatee in water
    The Florida manatee is a sub-species of the West Indian manatee and travels around the Atlantic Ocean.

    • A manatee was spotted in an artificial lake in South Florida.
    •  Manatees can travel through canals and drains, especially after stormy weather.
    • Marine biologists think the manatee should have enough food to survive in the lake.

    South Florida residents recently noticed an unusual new neighbor in their artificial lake: a manatee.

    Last week, a resident of the Cedarwoods neighborhood in Pembroke Pines took video footage of the marine mammal swimming around, according to news station WPLG Local 10. A couple also spotted the manatee in late June, and they believe it may have had a baby with it.

    "This is the first one we've seen on the lake," Bill Barnett, one of the residents who filmed the sea cow, told the news station.

    [youtube https://www.youtube.com/watch?v=uZxOuBwxqNg?feature=oembed&w=560&h=315]

    How did the manatee reach an inland lake?

    The artificial lake is about 10 miles from the Atlantic Ocean.

    Looking at a map, it might seem like the manatee wouldn't have a good route to reach the lake from the coast, but there are underground passageways the map doesn't show.

    Amber Howell, a biologist with the Florida Fish and Wildlife Conservation Commission, told Business Insider there are large pipes called culverts under the roads.

    "The culverts in this area are big enough for manatee to safely swim through," she said. There is a floodgate in the area that it had to navigate, but it's often open during the state's rainy season.

    That's likely how this manatee ended up in its current locale.

    Manatees can travel hundreds of miles in search of food

    A manatee is seen near a water outlet at an inactive Florida Power & Light Company power plant undergoing renovation in Riviera Beach, Florida in this file photo taken January 7, 2010. REUTERS/Carlos Barria/Files
    A manatee is seen at an inactive power plant in Riviera Beach.

    Florida manatees, a sub-species of the West Indian manatee, have faced difficulty finding food in the past several years, with hundreds dying annually. Algae blooms that kill seagrass, a huge source of food for the manatees, are partly to blame.

    Though they're marine mammals, manatees can survive in fresh, brackish, and salty water. And they can roam quite far in search of food and warm water.

    Some Florida manatees travel through the ocean around the US, from Texas to as far north as Delaware. However, the mammals also spend a lot of time in freshwater rivers, according to the National Oceanic and Atmospheric Administration.

    Since they prefer shallow water, they'll often head inland, like this manatee. Finding food in the lake shouldn't be too difficult, either.

    "In this area, there is a lot of shoreline vegetation, which they'll take advantage of," Howell said.

    Experts have seen manatees in this area for the past few years, so the big visitor isn't totally unique. "We have absolutely no concern" for this particular animal, Howell said.

    How to help your local, neighborhood manatee

    Sometimes people can be a little overzealous in trying to help manatees, Howell said. They might see a manatee in shallow water and try to move it deeper.

    But sometimes it's an exhausted female who's taking a rest from a nearby mating herd. "It's the worst-case scenario to push her back into that group," Howell said.

    If Florida residents are concerned about a manatee who seems in distress, they can call the Wildlife Alert Hotline at 888-404-3922, Howell said.

    Read the original article on Business Insider
  • Olivia Culpo said she didn’t want her wedding dress to ‘exude sex,’ sparking a debate about modest gowns

    Olivia Culpo walks down a street in a white dress.
    Olivia Culpo's wedding dress became the center of controversy.

    • Olivia Culpo told Vogue she didn't want her Dolce & Gabbana ceremony gown to "exude sex in any way."
    • The dress divided social media users, with some saying Culpo pushed a "conservative agenda" with it.
    • Culpo wore two other dresses on her wedding day that weren't as modest.

    Olivia Culpo's wedding dress is causing a stir online.

    The former Miss Universe married NFL player Christian McCaffrey on June 29 in Rhode Island, a little over a year after they got engaged.

    Culpo wore three custom Dolce & Gabbana dresses throughout her wedding day, including a simple ball gown for her ceremony.

    But the gown became controversial after Culpo emphasized its modesty in an interview with Vogue.

    Culpo and Dolce & Gabbana did not respond to requests for comment from Business Insider.

    Olivia Culpo said she didn't want her wedding dress to 'exude sex'

    Culpo's three Dolce & Gabbana wedding dresses each had a distinct look.

    She wore a long-sleeved, crepe ball gown for her ceremony with button detailing on the sleeves and back. It also had a high neckline that ensured her torso was completely covered.

    Culpo wore an off-the-shoulder, empire-waist dress with a rosette on the bodice for much of the reception.

    At the end of the night, she changed into a mini-romper that was overlaid with a sheer bubble skirt for a more fun look.

    Culpo told Vogue's Elise Taylor that she didn't want the ceremony dress she wore "to exude sex in any way, shape, or form" because of her views on marriage.

    "It's a covenant," Culpo said. "It's the beginning of the rest of your life — and it's the union and bond of two people forever."

    Culpo added that she "wanted something that felt as serious as that commitment" and for the gown to suit her church ceremony. She also thought the dress would fit McCaffrey's idealized vision of her.

    "When I think about Christian and what he loves and the moments that he thinks that I'm most beautiful, it's absolutely in something like this: timeless, covered, and elegant," she told Vogue.

    The internet was divided on Culpo's modest dress

    After Vogue published photos from Culpo's wedding, social media users quickly voiced differing opinions on her ceremony dress, with some praising the look and Culpo's comments about it and others critiquing the gown.

    "I love her style," one user wrote. "But this dress is a lot of nothingness."

    "This dress is stunning, but I especially love the respect it shows to what a wedding really is," another commented.

    "People are not having an issue with the dress. It's her own contradicting statements. Why is she trying to push for a CONSERVATIVE and her next look she is without half the clothes," someone else wrote.

    On July 1, Kennedy Bingham, a bridal creator who frequently reviews celebrity wedding dresses, made a video about Culpo's ceremony gown that went viral on TikTok and Instagram.

    In the video, which had over 5 million views on TikTok as of Monday, Bingham said Culpo was wearing a "beautiful, simple, elegant dress." However, she added that Culpo's comments to Vogue about why she wanted her dress to be modest were problematic.

    Bingham did not respond to a request for comment from BI.

    "There is nothing wrong with wanting a modest wedding dress or just modest attire in general," Bingham said. "But the way that she was talking about this went beyond just wanting something modest for herself and pushing this idea of what she thinks all brides should look like."

    Bingham said she thought Culpo was pushing a "conservative agenda" in her interview with Vogue, saying her statements implied she thought all brides had to wear modest dresses to take marriage seriously.

    Bingham also said Culpo's dress had "no personality," contrasting it with celebrities like Paris Hilton and Lily Collins, who wore more intricate, modest wedding dresses.

    She also brought up Dolce & Gabbana's past controversies with racism and homophobia, questioning why Culpo would choose to work with the brand.

    "It's very clear that this was not a wedding," Bingham said. "This was a conservative campaign."

    Culpo and her husband responded to the video

    Culpo and McCaffrey commented on the video, calling Bingham "evil" for her statements.

    "What an evil thing to post online," McCaffrey commented on Bingham's Reel. "I hope you can find joy and peace in the world, the way my beautiful wife does."

    "Wow what an absolutely evil person you are," Culpo commented on Bingham's TikTok. "I hope no one ever tears you apart in this way because it's extremely hurtful. I love this dress and it was everything I wanted and more."

    Olivia Culpo and Christian McCaffrey in 2023.
    Olivia Culpo and Christian McCaffrey in 2023.

    Bingham also said in her TikTok that Culpo looked like she had eyebrow lamination and lash extensions, to which the former Miss Universe responded: "Also, no I do not have eyebrow lamination or lash extensions. I'm sorry that infuriates you."

    "I pointed out your designer has a long history of homophobia and racism and your words push a harmful standard of misogyny and you're upset about the lash comment?" Bingham responded.

    Culpo's dress might be part of a resurgence of traditional wedding gowns

    Culpo's ceremony dress is a departure from recent wedding fashion trends, as many brides have gravitated toward sheer or heavily detailed gowns.

    Jackie Avrumson, a bridal stylist who has worked in the wedding industry for 25 years, told BI that more daring gowns became mainstream as brides looked for alternatives to the strapless neckline, finding inspiration on sites like Pinterest.

    "Brides just wanted to get away from the 'traditional' look and create something that felt a little bit more modern, which led to a little bit more sexy," she said.

    However, Avrumson said she's seeing a resurgence of popular bridal trends from the 1980s and 1990s.

    "Now, we're seeing more sleeves, we are seeing the square necklines, we are seeing drop-waist ball gowns," she said. "We are starting to steer away from the fitted dresses and going back into the A-line and the ball gown dresses."

    "I don't know if it's necessarily modest, but I think a little bit more traditional," she added of the trend.

    Brides have also been embracing convertible gowns, which often allow them to wear different looks throughout their wedding day, including a mix of conservative and more daring outfits.

    "I think it's really a moment for the bride to be able to wear everything that they can possibly wear as a bride and check off all those boxes," Avrumson said.

    In that sense, Avrumson said Culpo's wedding looks were on trend, as her three dresses each had a very different tone.

    Avrumson said thinking about Culpo's experience in the public eye can also shed light on how she might have thought about her wedding dress.

    "She's a person who has been looked at and judged her whole life," Avrumson said, adding that Culpo may have thought a simple, modest dress ensured the fact that she was getting married was the focus of the day.

    Despite her back and forth with Bingham, Culpo reiterated that she loved her dress in another Instagram post about her wedding gown shared on Wednesday.

    "One more for the dress of my dreams," she wrote. "Thank you @dolcegabbana for executing my vision perfectly. I cried the first time I tried it on. From the very first sketch, this was it for me. My dream dress."

    Read the original article on Business Insider
  • Buy these ASX dividend shares for 5% to 7% yields

    Happy man holding Australian dollar notes, representing dividends.

    The average dividend yield on the Australian share market is traditionally around 4%.

    But investors don’t need to settle for that when there are high-yield ASX dividend shares out there to choose from.

    For example, the three shares listed below have been named as buys and tipped to offer yields of 5% to 7%. Here’s what you need to know about them:

    Accent Group Ltd (ASX: AX1)

    Accent Group could be a top ASX dividend share to buy for income investors. It is footwear focused retailer with over 800 stores across brands such as Sneaker Lab, Platypus, Stylerunner, and The Athlete’s Foot.

    Bell Potter likes the company. It believes it is well-placed thanks to its “growth adjacencies via exclusive partnerships with globally winning brands such as Hoka and growing vertical brand strategy.”

    The broker expects this to underpin fully franked dividends per share of 13 cents in FY 2024 and then 14.6 cents in FY 2025. Based on the latest Accent share price of $1.91, this represents dividend yields of 6.8% and 7.6%, respectively.

    Bell Potter has a buy rating and $2.50 price target on its shares.

    IPH Ltd (ASX: IPH)

    Another ASX dividend share that could offer larger than average dividend yields is IPH.

    It is an intellectual property solutions company offering a wide range of services for the protection, commercialisation, enforcement, and management of intellectual property.

    The team at Goldman Sachs thinks it would be a good option for income investors. This is because it believes IPH is “well-placed to deliver consistent and defensive earnings with modest overall organic growth.”

    Goldman expects this to support fully franked dividends of 34 cents per share in FY 2024 and 37 cents per share in FY 2025. Based on the current IPH share price of $6.15, this represents yields of 5.5% and 6%, respectively.

    The broker has a buy rating and $8.70 price target on its shares.

    Rural Funds Group (ASX: RFF)

    Analysts at Bell Potter are also feeling positive on Rural Funds and see it as an ASX dividend share to buy.

    Rural Funds is an agricultural property company that owns assets including almond orchards, macadamia orchards, vineyards, cattle properties, and cropping properties.

    Its analysts believe Rural Funds is well-placed to reward its shareholders with dividends per share of 11.7 cents in both FY 2024 and FY 2025. Based on the current Rural Funds share price of $2.03, this will mean yields of 5.75% in both years.

    Bell Potter currently has a buy rating and $2.40 price target on its shares.

    The post Buy these ASX dividend shares for 5% to 7% yields appeared first on The Motley Fool Australia.

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

    Before you buy Accent Group 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 Accent Group 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 24 June 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 positions in and has recommended Rural Funds Group. The Motley Fool Australia has recommended Accent Group and IPH. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Up 127% in 2024, why this ASX healthcare stock is surging again this month

    A smiling businessman in the city looks at his phone and punches the air in celebration of good news.

    It’s been a decent start to both the month of July and the 2025 financial year for ASX shares so far. Since the end of FY24, the All Ordinaries Index (ASX: XAO) has risen by a tentative 0.25%. But let’s talk about one ASX healthcare stock that has started FY25 off with a bit more of a whimper.

    That ASX healthcare stock is none other than Medadvisor Ltd (ASX: MDR). Sure, Medadvisor shares didn’t have a spectacular start to the trading week on Monday, finishing the day flat at 50 cents a share.

    But when you consider that those same shares started the 2024 calendar year at just 22 cents apiece, it’s hard to feel sorry for owners of this ASX healthcare stock.

    Yes, Medadvisor shares are up a whopping 127.27% over 2024 to date. This company is also up 108.33% over the past 12 months, and has gained 11.11% over the past month alone.

    Check that all out for yourself below:

    So how has this ASX healthcare stock pulled off such significant gains, especially over the past month alone?

    How has this ASX healthcare stock risen 127% in 2024?

    Well, excitement over Medadvisor shares arguably started building after the ASX healthcare stock released an impressive quarterly update back in April. As we briefly covered at the time, this saw Medadvisor post a 42.4% rise in operating revenues for the quarter ending 31 March 2024 to $24.2 million. That was up from $17 million over the same quarter of 2023.

    Medadvisor’s gross profits for the quarter increased by an even more impressive 48.5% to $15.3 million.

    The positive sentiment following this quarterly update seemed to intensify over the following month. In May, Medadvisor followed up this quarterly update with some guidance for the full 2024 financial year. The company revealed that it is expecting to bring in $120-$123 million in revenues over FY24, which would be a huge improvement over the $98 million it saw over FY23.

    The ASX healthcare stock is also anticipating to book its first-ever net profit after tax in FY24. It has told investors to expect a net profit of between $500,000 and $800,000 for the year, which again is a massive improvement over FY23’s net loss of $11.3 million.

    So now it’s probably becoming clear why Medadvisor has become such a sought-after stock on the ASX in recent months.

    EBOS buys up Medadvisor shares

    But it’s not just ordinary investors that seem keen on this ASX healthcare stock. An announcement earlier this month confirmed that another healthcare stock in EBOS Group Ltd (ASX: EBO) has been buying up shares in Medadvisor. The ASX filing revealed that EBOS has recently acquired just over 27.5 million shares of Medavisor, increasing its stake in the company to 9.8%.

    Here’s how EBOS explained its move:

    EBOS initially acquired a 14.1% interest in MedAdvisor in October 2017, which has been diluted by subsequent share issuances.

    EBOS regards its shareholding in MedAdvisor as an investment and does not intend to make a change of control proposal in respect of MedAdvisor.

    So it seems that Medadvisor’s recent financial statements are largely behind this ASX healthcare stock’s remarkable ASX run in recent months. It probably doesn’t hurt Medadvisor shares’ fortunes that EBOS is buying up additional stock either. Let’s see what FY25 has in store for this ASX high flyer.

    The post Up 127% in 2024, why this ASX healthcare stock is surging again this month appeared first on The Motley Fool Australia.

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

    Before you buy Medadvisor 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 Medadvisor 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 24 June 2024

    More reading

    Motley Fool contributor Sebastian Bowen 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 MedAdvisor. 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.

  • Rhaenys had to die on ‘House of the Dragon’ for the war to begin

    eve best in house of the dragon as rhaenys targaryen, walking along a cobblestone path in a black tunic and pants, holding gloves in one hand. her hair is pulled half up, and she has a serious expression on her face
    Eve Best as Rhaenys Targaryen in season two, episode four of "House of the Dragon."

    • Princess Rhaenys Targaryen made a crucial choice in the latest episode of "House of the Dragon."
    • Rhaenys, the Queen Who Never Was, represented an old order in Westeros. 
    • Her decision sets the stage for Rhaenyra's war, and was a necessary one. 

    Warning: Major spoilers ahead for season two, episode four of "House of the Dragon."

    "House of the Dragon" isn't a show that pulls its punches, but its latest episode, "The Red Dragon and the Gold," landed its most devastating blow yet.

    Those who have read "Fire and Blood" weren't surprised to see Princess Rhaenys Targaryen, the Queen Who Never Was, and her dragon Meleys fall to Aemond Targaryen and Vhagar. Rhaenys embarked to Rook's Rest, a modest castle close to Rhaenyra's base at Dragonstone, to meet Ser Criston Cole's advancing force. But when she arrived, she met two dragons: Sunfyre, ridden by King Aegon II, and Vhagar, ridden by Aemond. Though she and Meleys fought until the last moment, Vhagar overpowered them, and she fell to her death.

    Rhaenys' death, as a viewer, is a tragedy. But for "House of the Dragon" to fully commit to its devastating dragon war, fought between a woman with a rightful claim to the throne and her usurper younger half-brother, Rhaenys needed to die.

    eve best as rhaenys targaryen in house of the dragon, dressed in full armor and a headpiece while clinging onto a dragon statue. she's flying through a grey sky, and her expression is resolute
    Rhaenys Targaryen flies into battle in season two of "House of the Dragon."

    'House of the Dragon's' original sin is denying Rhaenys the throne

    "House of the Dragon" takes place during a short period of Targaryen family history — there are a vast number of events, like Aegon's Conquest, that precede it, and obviously, a long history that follows it (you could call some of it "Game of Thrones"). But within the context of the show, the story begins most specifically during the Great Council meeting to determine King Jahaerys' successor.

    With Jahaerys' sons dead, the council's choice boiled down to two options: Rhaenys, his eldest descendant, or Viserys, his eldest male descendant. Having never sat a Queen on the Iron Throne, the council chose the comparatively soft Viserys, whose decisions sowed the seeds for Rhaenyra and Aegon's war. Rhaenys, for the rest of her life, bears the slight with grace as the Lord of Driftmark Corlys Velaryon's wife.

    eve best and steve toussaint as rhaenys and corlys in house of the dragon, standing at the head of a council table. both are wearing black clothing, with their silver hair worn long, and rhaenys crosses her arms as she looks towards corlys
    Eve Best and Steve Toussaint as Rhaenys and Corlys Velaryon in season two, episode four of "House of the Dragon."

    But despite her acquiescence, the wrong of denying Rhaenys the throne hangs like a pall over "House of the Dragon," and Rhaenyra especially. Rhaenys represents and espouses an old "order of things," as she admonishes a young Rhaenyra about in season one: one where a man will always be seen as a legitimate ruler over a woman, regardless of her claim to the throne. When Rhaenyra and Rhaenys' son Laenor are engaged, Rhaenys worries that her son will be endangered during a succession challenge. When her husband, Lord Corlys Velaryon, brings up her denial of the throne, Rhaenys says that she shuttered her ambition "a generation ago."

    Rhaenys' persistence over the course of the series, particularly as Rhaenyra faces further challenges regarding her claim, asks an implicit question: if Rhaenys could bear not becoming Queen, why couldn't Rhaenyra?

    Rhaenys' sacrifice represents the true beginning of the war

    It feels remarkable when Rhaenys throws her weight behind Rhaenyra, though she does so seemingly reluctantly. She knows that if Rhaenyra pursues her claim, it will bring calamity. But when Alicent installs her son Aegon on the throne, Rhaenys does not bend the knee — but neither can she take the opportunity to end Alicent's bloodline when it's presented to her.

    "That war is not mine to begin," Rhaenys tells Daemon and Rhaenyra, justifying her actions.

    At the end of season one, Rhaenys persuades her husband, Corlys, to back Rhaenyra, citing the safety of their grandchildren. But she also praises Rhaenyra's restraint in not submitting to all-out war, which proves to be a major theme in season two. It's Rhaenys who incites Rhaenyra's final errand for peace: a face-to-face with Alicent, in the hopes of avoiding a war between dragons.

    Olivia Cooke as Alicent and Emma D'Arcy as Rhaenyra in front of multiple candles in a dark room.
    In the latest episode of House of the Dragon, Rhaenyra (Emma D'Arcy) visits her stepmother, Alicent (Olivia Cooke), to figure out how they can stop the brewing civil war.

    And when that falls through, it's Rhaenys who must step up. Eve Best, who plays Rhaenys with a steady hand, told Business Insider that as the voice of restraint — and as Rhaenyra's strongest warrior, astride Meleys — there was no other choice.

    But thematically, Rhaenys' sacrifice is a necessary one. As she reminded Rhaenyra in her youth, she's an emblem of the old tradition: one in which the Queen Who Never Was must gracefully bear the insult of being denied a kingdom. No one better understands the trials that Rhaenyra faces and the judgment calls that she must make. That's why Rhaenys makes this final decision for her, telling Rhaenyra, "You must send me."

    That decision proves that Rhaenys couldn't — or wouldn't — bear that insult for any longer, though she fights for Rhaenyra's claim and not her own. Her sacrifice symbolizes an open door — one through a which a new order, however bloody the process, may be forged.

    Read the original article on Business Insider
  • These 6 House Democrats have publicly called for Biden to drop out of the race

    From left: Reps. Lloyd Doggett, Raúl Grijalva, Mike Quigley, and Angie Craig.
    Reps. Lloyd Doggett, Raúl Grijalva, Mike Quigley, and Angie Craig were among the first House Democrats to call on Biden to withdraw.

    • Democratic members of Congress are beginning to call on Biden to drop out of the race.
    • As of Monday, July 8, six have done so.
    • Two other lawmakers are flatly predicting that Biden will lose to Trump.

    President Joe Biden is facing calls to drop out of the presidential race from House Democrats following his disastrous debate performance last week.

    It began on Tuesday, July 2, with Rep. Lloyd Doggett of Texas, who became the first member of Congress to call for Biden's withdrawal. In a statement, he praised the president's record of accomplishments but said an "authoritarian takeover" would come if former President Donald Trump won.

    "Too much is at stake to risk a Trump victory — too great a risk to assume that what could not be turned around in a year, what was not turned around in the debate, can be turned around now," Doggett said. He later said on NBC that some of his House colleagues privately agreed with him.

    On Wednesday, Doggett was joined by Rep. Raúl Grijalva of Arizona, who told the New York Times that the debate represented an "opportunity to look elsewhere."

    "What he needs to do is shoulder the responsibility for keeping that seat — and part of that responsibility is to get out of this race," said Grijalva. Both men are in their mid-to-late 70s and represent solidly Democratic seats.

    On Thursday, Rep. Seth Moulton of Massachusetts joined them, telling a local radio affiliate that Biden should "step aside to let new leaders rise up and run against Donald Trump."

    On Friday, shortly before Biden's interview with ABC News was set to air, Rep. Mike Quigley of Illinois said on MSBNC that Biden should "let someone else do this."

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

    And on Saturday morning, Rep. Angie Craig of Minnesota became the first swing-district Democrat to call on Biden to withdraw, saying in a statement that she does "not believe that the President can effectively campaign and win against Donald Trump."

    Separately, two members of the moderate Blue Dog Coalition — Reps. Jared Golden of Maine and Marie Gluesenkamp Perez of Washington — said that they believe Biden will lose to Trump, but did not explicitly call on him to withdraw.

    Golden went as far as to say that he is "OK" with Trump winning, saying he rejects the idea that Trump is a "unique threat to our democracy."

    Democratic politicians who don't hold elected office have also called on Biden to step aside.

    Former Housing and Urban Development Secretary Julián Castro, one of Biden's competitors in 2020, said that Biden needed to "allow a stronger Democratic candidate to prevent a disastrous second Trump term.

    Another 2020 Biden competitor, former Rep. Tim Ryan of Ohio, published an op-ed on Tuesday calling for Biden to be replaced with Vice President Kamala Harris.

    Harris is one of several Democratic contenders who could replace Biden if he stepped aside.

    Here's a full list of the 6 House Democrats who have publicly called on Biden to drop out:

    • Rep. Lloyd Doggett of Texas
    • Rep. Raúl Grijalva of Arizona
    • Rep. Seth Moulton of Massachusetts
    • Rep. Mike Quigley of Illinois
    • Rep. Angie Craig of Minnesota
    • Rep. Adam Smith of Washington
    Read the original article on Business Insider
  • Meet Jenn Tran, the star of season 21 of ‘The Bachelorette’

    Jenn Tran on the season 28 finale of "The Bachelor."
    Jenn Tran on the season 28 finale of "The Bachelor."

    • Jenn Tran stars on season 21 of "The Bachelorette."
    • She competed on season 28 of "The Bachelor" and is a physician assistant student.
    • Here's everything to know about Jenn's life outside of the reality TV franchise.

    Jenn Tran didn't find love with Joey Graziadei on season 28 of "The Bachelor," but she's getting a second chance at romance as the star of the latest season of "The Bachelorette."

    Tran, a 26-year-old physician assistant student based in Miami, was announced as the leading lady of season 21 of "The Bachelorette" in June, making her the first Asian-American woman to lead the spinoff.

    "I feel so, so grateful and so honored to be the first Asian Bachelorette in this franchise," she said during the "After the Final Rose" segment following the "Bachelor" finale. "Growing up, I've always wanted to see Asian representation on TV and I feel like it was really sparse."

    "To be here today sitting in this position being like, I am going to lead my own love story, I am going to be the main character in my story — I just can't help but think of how many people I'm inspiring and how many lives I am changing," Jenn, whose family is Vietnamese, added.

    Although Bachelor Nation got to know Jenn a bit on "The Bachelor," she teased that there's "a lot that you don't know about me yet."

    "But you're just gonna have to watch to see," she said.

    Ahead of the season 21 premiere, here's what to know about Jenn.

    She put her career on hold in order to appear on 'The Bachelor'

    Jenn graduated from the University of Wisconsin—Madison in May 2020 with a bachelor's degree in molecular biology. During her time at the university, she served as the Red Dress Chairman for Alpha Phi Foundation and organized a fundraising gala that raised more than $30,000 for women's cardiovascular health.

    According to her LinkedIn profile, she plans to pursue a career as a physician assistant. But her goals shifted when she was cast on ABC's hit reality TV show.

    As Jenn explained in a video posted on Instagram in February, she didn't drop out of school in order to compete on "The Bachelor." Instead, she asked her school for permission and was able to come to an agreement regarding her two-and-a-half-year program.

    Jenn loves traveling

    Jenn has traveled the world and documented her experiences on Instagram. She's visited places like Greece, Italy, and the Bahamas.

    She fosters cats and kittens

    In January, Jenn posted a series of photos on Instagram showing the cats she fostered in 2023, from striped ginger felines to all-black kittens. Her newest foster cat is a black kitten that she's named Peter Parker.

    Jenn is a Swiftie

    Jenn attended one of Taylor Swift's concerts at Gillette Stadium in Massachusetts in May as part of the musician's Eras Tour.

    She's seen the Jonas Brothers in concert, too. Per her "Bachelor" bio, Shawn Mendes' music regularly makes her cry.

    "The Bachelorette" season 21 premieres on Monday at 8 p.m. ET on ABC. Episodes stream the next day on Hulu.

    Read the original article on Business Insider
  • 5 things to watch on the ASX 200 on Tuesday

    Smiling man with phone in wheelchair watching stocks and trends on computer

    On Monday, the S&P/ASX 200 Index (ASX: XJO) started the week in a disappointing fashion. The benchmark index fell 0.75% to 7,763.2 points.

    Will the market be able to bounce back from this on Tuesday? Here are five things to watch:

    ASX 200 expected to rebound

    The Australian share market is expected to rebound on Tuesday following a decent start to the week on Wall Street. According to the latest SPI futures, the ASX 200 is poised to open the day 22 points or 0.3% higher. On Wall Street, the Dow Jones was down 0.1%, but the S&P 500 rose 0.1%, and the Nasdaq pushed 0.3% higher. The latter two indices closed at all-time highs.

    Buy Evolution shares

    The Evolution Mining Ltd (ASX: EVN) share price could be undervalued according to analysts at Goldman Sachs. This morning, the broker has reiterated its buy rating on the gold miner’s shares with an improved price target of $4.15. Ahead of the release of its quarterly update, the broker said: “Following the production update in mid-June, we expect FY24 production to be in-line with implied guidance of ~723koz. With reduced uncertainty over the medium-term, particularly following Northparkes/Cowal site visits, our expectations for ~750koz/75kt of gold/copper production appear consistent with market expectations.”

    Oil prices tumble

    It could be a poor session for ASX 200 energy shares Santos Ltd (ASX: STO) and Karoon Energy Ltd (ASX: KAR) after oil prices pulled back overnight. According to Bloomberg, the WTI crude oil price is down 1.1% to US$82.26 a barrel and the Brent crude oil price is down 1% to US$85.66 a barrel. Traders were selling oil after assessing the impact of tropical storm Beryl.

    Sell IGO shares

    IGO Ltd (ASX: IGO) shares are a sell according to analysts at Bell Potter. This morning, the broker has downgraded the battery materials miner’s shares to a sell rating and cut its price target to $5.15 (from $7.60). It commented: “In our view there remains considerable further short-term downside risk to the share price if sentiment deteriorates further.”

    Gold price falls

    It looks like ASX 200 gold miners Gold Road Resources Ltd (ASX: GOR) and Regis Resources Limited (ASX: RRL) could have a tough session on Tuesday after the gold price tumbled overnight. According to CNBC, the spot gold price is down 1.3% to US$2,366.7 an ounce. Traders were selling gold after risk appetite grew and demand for safe havens reduced.

    The post 5 things to watch on the ASX 200 on Tuesday appeared first on The Motley Fool Australia.

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

    Before you buy Evolution Mining 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 Evolution Mining 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…

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    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.

  • The Wesfarmers share price rocketed 32% in FY 2024! Here’s how

    Emotional euphoric young woman giving high five to male partner, celebrating family achievement, getting bank loan approval, or financial or investing success.

    The Wesfarmers Ltd (ASX: WES) share price just completed a banner financial year.

    Shares in the S&P/ASX 200 Index (ASX: XJO) retail stock – whose subsidiaries include global household names like Bunnings Warehouse, Kmart Australia, Officeworks and Priceline – closed out FY 2023 trading at $49.34.

    On 28 June, the last trading day of FY 2024, shares finished the day changing hands for $65.18 apiece.

    That put the Wesfarmers share price up a whopping 31.1% over the 12 months, as shown in the chart below. For some context, the ASX 200 gained 7.8% over this same period.

    And that strong performance doesn’t include the two fully franked dividends Wesfarmers paid out over the financial year. Wesfarmers shares currently trade on a trailing dividend yield of 2.9%.

    Here’s why ASX 200 investors sent the retail stock soaring in FY 2024.

    Why did the Wesfarmers share price skyrocket in FY 2024?

    The strong run higher for the Wesfarmers share price was driven by equally strong underlying performances from most of its core business segments.

    The company reported its full-year results for FY 2023 on 25 August. These results are relevant to the past 12 months’ performance as they were released well into FY 2024 and impacted the share price over the 2024 financial year.

    Highlights of those results included an 18.2% year-on-year increase in revenue to $43.5 billion, while net profit after tax (NPAT) was up 4.8% to $2.5 billion. Also really drawing analyst interest was the 81.6% boost in the company’s operating cash flow, which hit $4.2 billion.

    With these strong metrics in the background, management boosted the full-year dividend by 6.1% to $1.03 a share.

    “Wesfarmers’ financial results were underpinned by strong divisional earnings growth of 12.9% for the year, as the group’s operating businesses continued to respond well to trading and market conditions,” managing director Rob Scott said on the day.

    ASX 200 investors clearly took note. The Wesfarmers share price gained 8.6% over the three trading days in August following the results announcement.

    And the company didn’t disappoint with its half-year results either.

    Wesfarmers reported its H1 FY 2024 results on 15 February, the most recent price-sensitive announcement out from the company.

    Once more, investors were greeted with strong growth metrics, sending the ASX 200 retail stock up 5.0% on the day.

    Highlights included a 0.5% year-on-year increase in half-year revenue to $22.7 billion and an NPAT up 3.0% to $1.4 billion.

    Operating cash flows also continued to impress, increasing 47% from H1 FY 2023 to $2.9 billion.

    This saw management lift the interim dividend by 3.4% to 91 cents a share.

    And in a promising sign for the full FY 2024 results, management noted, “For the first five weeks of the second half of the 2024 financial year, Kmart Group has continued to deliver strong sales growth.”

    As for FY 2025, the Wesfarmers share price was trading at $66.10 at the close on Monday. That’s up almost 1.5% in the nascent new financial year.

    The post The Wesfarmers share price rocketed 32% in FY 2024! Here’s how appeared first on The Motley Fool Australia.

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

    Before you buy Wesfarmers 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 Wesfarmers 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 24 June 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 positions in and has recommended Wesfarmers. The Motley Fool Australia has positions in and has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.