• I started dating while I was unemployed and felt insecure. I created a strategy to help myself feel more confident.

    Kanishka Nangare standing outside near a plant and brick wall.
    Kanishka Nangare recently quit her job and then joined a dating app.

    • I quit my job and then joined a dating app. 
    • At first, being unemployed was exhilarating. But I started to dread it when dates asked about work.
    • I had to find a way to deal with my anxiety and insecurity while dating.

    On April 30, 2024, I quit my job. It was a job that barely required an ounce of creativity, a job that made me go, "Why do I need to crawl out of bed for this?" I craved change, passion, and a reason to wake up.

    On May 2, 2024, I created a dating app profile that was equal parts funny, mysterious, and serious. I was ready to swipe and be swept off my feet. What I wasn't so ready for was the question, "So what do you do?"

    Initially, the responses to my life choice were great. Dates would say things to me like, "Lucky you!" and "Congratulations! Having fun?"

    But four weeks after I quit, I no longer felt like a free bird. I felt unemployed.

    "I quit a month ago" didn't have the same impact as "I just quit my job!" The emphatic responses I'd once gotten turned into "Oh"s, followed by awkward silences.

    But I kept swiping on and off, my insecurities constant, until I found someone I loved speaking to. He had more than a few green flags — and two dogs as a bonus.

    And it wasn't just a stroke of luck. Before we matched, I put in the work to figure out how to date with the insecurities that cropped up along with my unemployment.

    I strategized around my insecurities before dates

    "What do you plan to do next?" a man asked me during our first conversation. It was a valid question. The real answer was that I wanted to chill and figure it out. But I hated how unambitious it might sound to another 27-year-old.

    My insecurities snowballed and were reflected in my DMs, and I ghosted men who brought up the question.

    I noticed that the complex was internal, triggered by "the question." So, before going on dates, I strategized. In person, I didn't have the option to 'leave the chat.' Plus, dates cost money, and my insecurities weren't going to be an added expense. I was going to deal with them.

    First, I chose a venue that would be easy on my wallet — a local bar at happy hour. It took care of my anxiety about expenses and helped me feel a bit more in control. Then, I wondered what would make me feel more confident if a date asked me about my next steps.

    I jotted down things I might want to do, like looking for freelance projects, part-time gigs, and enrolling in an online course. These things prepared me to answer the dreaded question and also prepared me more for my job search. I felt more ready to date, with my head high.

    Something else hit me as I worried about being dateable without a job. The right person for me wouldn't put pressure on me to figure out my next job before I was ready. They would understand this phase.

    While my next date did get it, we didn't hit it off on a romantic note. Still, I'd won against insecurities, at least in round one.

    When I didn't feel interesting, I became interested

    As the job market tested my patience, I had nothing significant to share with my matches except anxiety. But I realized I used to love talking about my work, and others would likely love talking about theirs, too. Since I didn't have anything new to report on the work front, I decided to start asking my dates about their professions.

    For example, one of my matches ran a company that turned waste into accessories — something I knew nothing about. I asked him everything I could about his business, and he was engaged and inspired. The work discussion turned into conversations about life, and my joblessness didn't matter to either of us. Though the connection fizzled when he left for a business trip, I was back in the game, and I knew a lot about carbon footprints.

    I learned that the right match will help me get over my insecurities

    A few more weeks and job applications later, I started speaking to someone I really liked. He loved cooking, tennis, and sending gifs (ones that were actually funny).

    Listening to him talk about his well-rounded, mindfully curated life, I realized that having a job isn't the only thing that could make me feel worthy. I could find a sidekick, a hobby, one that transforms me and becomes the source of endless conversations. After all, I didn't want our chats to end.

    A week later, I enrolled in kickboxing lessons. Soon, I was starting each day by punching away my insecurities and anxiety. It was perfect.

    My mental clarity was rising and so was my confidence. As I started feeling better, our conversations got better, too. One day at a time, I shared my worries about landing a good job, being unemployed forever, and running out of savings. He told me about his annoying manager. We'd brainstorm solutions for both our problems. Time flew, and I landed some interviews. He was taking revenge by beating his manager at tennis.

    The swiping stopped, and we moved from messaging on the dating app to WhatsApp and FaceTime.

    He's convinced a new job for me is right around the corner. In a way, his belief has diluted my insecurities. Some doubts still visit until I punch them down at kickboxing.

    Two months later, my favorite thing is waking up to his "Good morning, ready to 'kick' start your day?" texts.

    All the more reason to get out of bed.

    Read the original article on Business Insider
  • When I brought my kids to a Pride parade, they were overwhelmed at first. But I learned children belong at Pride.

    Jess deCourcy Hinds and her family at a pride parade with kids
    The author, left, with her family at Pride.

    • As a queer woman, I always loved going to Pride celebrations, but I worried about bringing my kids.
    • My transgender wife, and I decided to bring them to a small celebration, and it was overwhelming.
    • But a chance encounter with a stranger helped me put Pride into perspective. 

    As a young queer woman in my 20s, I found it exhilarating to march down Fifth Avenue in New York City's Pride celebrations, joining the drumming, shouting, balloons, feathers, and sequins.

    I didn't care if someone splashed their beer or bumped into me. I didn't have a care in the world at that time — probably because I wasn't a mom.

    But my feelings toward Pride celebrations shifted when I considered bringing my two small kids.

    I wondered if the march would be safe for my children

    "I don't know. Should we do Pride with kids?" I first asked my wife, Stefanie, three years ago, which was the first year of her transition.

    I wondered: What would Pride mean to our young daughters, then ages 9 and 4? Would the noise, crowds, and scantily dressed people be too much?

    Pride is joyful, silly, and sexy — and also defiant and fierce. It's also important, especially to our queer family. When people shout, "We're here, we're queer," it's to claim a space for human rights. Of course, I want my young children to witness this passion — but there's certainly a lot to process.

    Many of our queer friends with kids have celebrated pride for years and recommended a smaller, family-friendly Pride celebration, so we decided to join the throng in Jackson Heights, Queens.

    Once there, I saw that we were hardly the only ones with a stroller. But when the marchers jostled that stroller — and its rainbow flag-waving occupant — the 9-year-old clung to my arm with fear. I wondered what we were doing. How could I be a responsible mom and also that carefree marcher I used to be?

    When we bought our flags, the kids really got into the spirit of things. My youngest wanted the "all pink" one, and my older daughter picked the Progress Pride flag. My daughters were smiling — what kid doesn't love a parade? — but after a rowdy group bumped into the stroller again, I ducked into a pizzeria with the kids.

    I left my wife to socialize with friends and savored the quiet moment with my kids, where I felt more like my "usual" mom self. As I cut up the little one's pizza and chatted about their favorite book series, I almost forgot about the march until the windows shook with reverberations from music on loudspeakers rolling by on trucks.

    We then met someone who helped put pride into perspective

    The next time I blinked, Stefanie was there with a woman shakily teetering on her arm. Stefanie's expression indicated discomfort as the woman dropped into a seat beside my younger daughter, slurring her words as she spoke of heartbreak and despair.

    My heart sped up. I glanced at Stefanie. Should we get out of there? Was this woman's story going to scare the kids? Was it a terrible idea to expose them to a crying and drunken stranger?

    "This pizza is really good!" my 4-year-old announced. "Can we get a balloon?"

    "Of course, you can get a balloon," our visitor said kindly, even as she began weeping. My instincts told me we were safe. Seeing an adult in pain wasn't something we necessarily had to protect our kids from.

    "You have a beautiful family. I would do anything to have a family like this," the mysterious stranger told us through more tears.

    My daughters glanced at me. "It's OK," I said to them and also to our visitor. "It's going to be OK."

    The woman's life story as a Latinx trans woman in Florida came tumbling out. She kindly declined our offer to share our lunch but gratefully refilled her water glass again and again.

    My daughters might have been listening or might have just been drawing in coloring books. I don't know how much they remember about the chance encounter. When I ask them about our first Pride, they seem to only remember the after-party at a friend's apartment, where they played with a hamster named Rocky.

    Even if they don't remember the day another trans woman joined our family meal, I am glad that this experience was part of our first pride as a family. It reminded me that Pride is about being there for your community — whether you're clapping for a cheerleading squad or holding someone's hands through their tears. And my kids were safe through all of it.

    Pride is about strength, vulnerability, and pulling together as one big rainbow family.

    Read the original article on Business Insider
  • I was promoted to VP at Amazon despite doing a poor job managing my career. I wish I had used these 7 strategies sooner.

    I was lucky to make VP at Amazon despite doing a poor job managing my career.
    Ethan Evans is a former Amazon VP.

    • Ethan Evans became a VP at Amazon through hard work and luck but wishes he had been more strategic.
    • He's now a career coach and teaches his clients to actively manage their careers to get ahead.
    • His strategies include handling complex projects, building social skills, and intentional networking.

    I made it to vice president at Amazon after eight years at the company despite doing a poor job managing my career. My advancement came from hard work and luck, but I had no real plan.

    Formal education trains us in functional skills like law, design, and engineering, but students aren't trained in navigating corporate careers. This means we need to learn how to excel inside companies on our own.

    Here are seven career-advancing strategies I now know and wish I had used sooner to actively manage my career.

    1. Work on longer, bigger projects to master handling complexity

    Big goals require big efforts, which in turn bring big problems. To rise in your career, you'll need to be good at navigating intricate schedules, cross-team dependencies, and other challenges of scale.

    The sooner you start practicing handling complex projects, the better. Seek out complex challenges and break them down rather than sticking to "your part."

    2. Work with people of all specialties — not just those in your field

    Early in your career, it may be enough to be an expert in your craft, but to rise through the ranks, you need to be able to bring people together to accomplish big goals.

    Most innovations require not just "makers" like engineers, scientists, or artists but also finance and sales experts, lawyers, project managers, and more. Leveling up will require you to understand how others can collaborate effectively. An expert in only one field is often viewed as a valuable resource but not an executive leader.

    3. Work on large, global teams

    Businesses today have complex, distributed workforces. In larger companies, most teams are global, so learn to work effectively across time zones, cultures, and with people on other teams.

    At a smaller company, include partners or customers in your definition of team to practice working across organizations. The better you are at working with a variety of different people, the faster you'll progress.

    4. Learn about career progression intentionally: titles, performance reviews, and promotions

    When I started my first job at a small public technology startup, I didn't realize there were job levels, pay ranges, or titles beyond software engineer. I couldn't plan for a progression I didn't even understand existed.

    Since even the smallest companies have career tracks and a promotion process, learning about these structures and how to navigate them will always matter. It's the difference between following a map and driving blindly.

    5. Build social skills: practice influence, emotional intelligence, and public speaking

    Succeeding in the workplace depends on soft skills more than the functional disciplines you learned in school. With AI poised to automate more skill-based tasks, the emphasis on interpersonal skills will likely increase. Good soft skills position you for the next step in your career through relationship building.

    Strong social skills come from finding something you like and investing time in it — mentoring, teaching, working with customers, or something else.

    Once you identify a human interaction you enjoy, study your own skill and watch others you admire. I learned better speaking from watching many speakers and borrowing what worked from each for my own approach.

    6. Invest in relationships: network and manage up

    Many strong workers avoid networking. Some may be introverts and want to avoid social interactions, while others feel that intentionally building relationships is political and disingenuous. I'm an introvert, and I used to associate networking with walking up to strangers at cocktail parties and trying to sell people life insurance policies they don't want.

    Networking for your career really means getting to know your colleagues better and showing interest in them beyond the bare minimum needed to finish the project. You don't need to sell them life insurance; just be friendly and treat them as individuals rather than resources.

    Your manager may have good intentions to notice your work, but they'll often miss things in their rush to handle their own to-do list. By intentionally building relationships and funneling information to your manager, you ensure your work gets the notice it deserves.

    Most managers hate surprises and appreciate being kept informed. Ask your manager how they prefer to get information, such as in person, chat, or over email, and watch what they like and dislike as they interact with others. Others will likely not do this, so you'll stand out by comparison.

    7. Determine what kind of culture, manager, and work sets you up for success

    While it's important to build soft skills, develop relationships, and become skilled at working with all kinds of people, constantly adapting one's natural style can be exhausting.

    If you're a direct person like me, you'll likely always struggle in a slow, consensus-based workplace. If you prefer extensive discussion and collaboration, you'll struggle in a culture emphasizing quick decisions and following directions.

    Figure out what style works best for you, and then seek the people and places where this is a natural fit. This way, you can put your energy into your work, not into adapting to incompatible norms.

    Hope is not a strategy

    I left Amazon in 2020 and am now a career coach. When I speak to my clients, they often work hard and hope for a promotion, but hope is not a strategy.

    I tell them they must work hard and optimize their career management to maximize success. The secret to this is treating career planning and management as just as important as the hard work they do in their jobs.

    There are many hardworking, talented people in the workforce. If you want to stand out, you have to be smart and intentional about managing your career.

    If I had known this when I started out, I would've gone much further, much faster.

    Ethan Evans is a retired Amazon vice president with over 23 years of experience as a business executive.

    Read the original article on Business Insider
  • 5 Reasons Nvidia isn’t in an AI-fueled bubble

    A white and black clock face is shown with three hands saying Time to Buy reflecting Citi's view that it's time to buy ASX 200 banks

    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

    The stock market has a long history of creating bubbles, particularly in the technology sector. However, when it comes to Nvidia (NASDAQ: NVDA), the chip maker’s eye-popping valuation may not actually be signs of a bubble. Rather, it might reflect a deeper truth about the rapidly evolving state of artificial intelligence (AI).

    Nvidia’s shares are currently trading at 77.1 times trailing earnings, a lofty valuation by historical standards and rich even for the high-growth tech sector. This has led some investors to question whether it’s time to take profits on Nvidia stock. After all, the chipmaker’s shares are up by a staggering 206% over the prior 12 months.

    However, several lines of evidence suggest that Nvidia’s growth story is still in the early innings and that AI is on track to fundamentally alter the world. Here is a look at five key tailwinds that should power Nvidia’s shares even higher over the next several years.

    Five key themes

    First, the general population remains largely unaware of the true power of AI. This situation is set to change dramatically later this year as Apple integrates AI into its ecosystem and Amazon strives to make Alexa smarter with AI.

    As a broad base of consumers begin to experience the benefits of AI in their daily lives, demand for AI-powered products and services will likely skyrocket, driving substantial revenue growth for companies like Nvidia that provide the architecture behind the technology.

    Second, the pace of AI development is accelerating. The exponential growth of computing power has put humanity on the doorstep of a series of “Gutenberg moments”, or events that completely upend the status quo.

    This quickening pace of innovation implies that rivals probably won’t have time to challenge Nvidia’s dominant position in the AI-capable graphics processing unit (GPU) space. While competitors like Advanced Micro Devices and Intel are aiming to cut into Nvidia’s dominant market share, the window of opportunity is closing.

    Third, the AI arms race between leading American firms, and the U.S. and China more broadly, won’t allow developers time to create alternative ecosystems.

    The race to achieve artificial general intelligence (AGI) is on, and Nvidia’s superchips like Blackwell will likely be the primary drivers of this transformation. As companies and nations scramble to gain a competitive edge in AI, Nvidia’s technology will remain in high demand.

    Fourth, the advent of AI won’t follow any rules established by prior transformational technologies like the internet or cars. AI can potentially alter human society at a fundamental level, and it will happen in less than five years.

    Traditional valuation metrics and historical precedents, in turn, may not wholly apply to groundbreaking companies like Nvidia.

    Fifth, the potential applications of AI are virtually limitless, spanning across industries such as healthcare, finance, transportation, and more. As AI becomes more sophisticated and ubiquitous, it will create entirely new markets – many of which are unimaginable today.

    Nvidia, with its cutting-edge AI technology and growing customer base, is in the catbird seat.

    Key takeaways

    Nvidia’s current valuation may seem high by historical standards. But it’s important to consider the company’s unique position in the rapidly evolving AI landscape.

    With the general population largely unaware of AI’s already incredible capabilities, the quickening pace of development, and an ongoing arms race, Nvidia should continue to post record-breaking revenue growth in the coming years.

    After all, Nvidia’s potential is truly unprecedented as the gatekeeper to a $100 trillion AI-based economy. Viewed in this context, the growing bubble talk around the chip maker’s shares seems unjustified. 

    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

    The post 5 Reasons Nvidia isn’t in an AI-fueled bubble appeared first on The Motley Fool Australia.

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

    Before you buy Nvidia 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 Nvidia wasn’t one of them.

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

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

    See The 5 Stocks
    *Returns as of 5 May 2024

    More reading

    John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. George Budwell has positions in Apple. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Advanced Micro Devices, Amazon, Apple, and Nvidia. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Intel and has recommended the following options: long January 2025 $45 calls on Intel and short August 2024 $35 calls on Intel. The Motley Fool Australia has recommended Advanced Micro Devices, Amazon, Apple, and Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Buying Rio Tinto shares? Here’s why this ‘world-class’ lithium project could be back on track

    A yellow sign with the words 'Changes ahead' on a city backdrop, indicating volatile share price movement

    Rio Tinto Ltd (ASX: RIO) shares are slipping on Monday.

    Shares in the S&P/ASX 200 Index (ASX: XJO) mining stock closed Friday trading for $120.20. In afternoon trade today, shares are swapping hands for $119.16 apiece, down 0.87%.

    For some context, the ASX 200 is down 0.11% at this same time.

    Looking ahead, Rio Tinto shares could garner some ongoing tailwinds as the miner’s stalled Jadar lithium project in Serbia appears to be back on track.

    Here’s what’s happening.

    Rio Tinto shares could get a bigger lithium footprint

    Lithium prices have come off the boil since the November 2022 record highs. However, most analysts agree that global demand for the battery-critical metal will continue to grow over the decade ahead.

    And Rio Tinto shares could derive more revenue from lithium in the years ahead with the Financial Times reporting that Serbian President Aleksandar Vucic is set to lift the ban on the ASX 200 miner’s Jadar project.

    This follows “new guarantees” from Rio Tinto and the European Union addressing environmental concerns that had derailed the US$2.4 billion project following public protests in 2022. Protestors demanded an end to all lithium exploration in Serbia.

    Commenting on the revocation of the licences related to the Jadar lithium-borates project, Rio Tinto states on its website:

    We believe the Jadar project has the potential to be a world-class asset that could act as a catalyst for the development of other industries and tens of thousands of jobs for current and future generations in Serbia, while sustainably producing battery-grade lithium carbonate, a material critical to the energy transition.

    Jadar is planned as an underground mine.

    To give you an idea of the potential on offer for Rio Tinto shares, the miner says the project can produce around 58,000 tonnes of refined battery-grade lithium carbonate, 160,000 tonnes of boric acid and 255,000 tonnes of sodium sulphate annually. All will be produced in powdered form.

    And Serbia’s president indicated that the Jadar lithium project might be running as early as 2028.

    “If we deliver on everything, (the mine) might be open in 2028″ Vucic said (quoted by Reuters).

    Vucic noted the lithium production from Jadar would be “enough for 17% of EV production in Europe — approximately 1.1 million cars”.

    Rio Tinto stated, “We believe the Jadar Project has the potential to be a world-class asset that could act as a catalyst for developing an EV value chain in Serbia”.

    Rio Tinto shares are up 3% over 12 months, excluding the ASX 200 miner’s two dividend payments.

    The post Buying Rio Tinto shares? Here’s why this ‘world-class’ lithium project could be back on track appeared first on The Motley Fool Australia.

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

    Before you buy Rio Tinto 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 Rio Tinto Limited wasn’t one of them.

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

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

    See The 5 Stocks
    *Returns as of 5 May 2024

    More reading

    Motley Fool contributor 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.

  • 2 Reasons to Buy Nvidia After the Stock Split (and 1 Reason to Sell)

    A woman sits at her computer with her hand to her mouth and a contemplative smile on her face as she reads about the performance of Allkem shares on her computer

    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

    Stock splits can be exciting for retail investors, particularly those whose brokerages might not offer them the option of purchasing fractional shares. I have lost count of the number of non-finance people suddenly asking me about Nvidia (NASDAQ: NVDA) stock now that it’s trading for “just” $130 a share.

    But while splits can make a stock appear cheaper, they have no impact on a company’s valuations — how the market prices it relative to sales, earnings, etc. — nor on its market cap, which is the value of all its outstanding shares combined. In the case of Nvidia, that market cap is $3.2 trillion, making it the third-largest company in the world today, just a hair behind the one that makes iPhones.

    Is Nvidia stock still a buy at its current lofty market cap? Here are two reasons to continue hitting the buy button and one reason to consider jumping ship. 

    Reason No. 1 to buy: The artificial intelligence industry is just getting started

    It has only been around two years since OpenAI took the world by storm with ChatGPT, a generative artificial intelligence (AI) chatbot capable of producing high-quality responses to user queries based on training data. Analysts are feverishly optimistic about the AI industry’s potential, with Bloomberg Intelligence estimating it could be worth $1.3 trillion by 2032.

    If that forecast proves close to accurate, this will be an incredible opportunity for Nvidia, which is the leading maker of the specific types of powerful graphics processing units (GPUs) needed to run and train these advanced algorithms. Currently, it holds a market share of more than 80% in that hot niche, where demand is outstripping supply.

    While Nvidia will face growing competition from rival chipmakers such as Advanced Micro Devices (NASDAQ: AMD) and Intel, it’s protecting its market share via software solutions like CUDA (Compute Unified Device Architecture), a computing platform and programming interface that’s bespoke for use with its hardware, and by constantly improving its offerings. According to CEO Jensen Huang, the company will henceforth release a new family of updated AI chips every single year (up from its prior pace of once every two years), making it even harder for rivals to keep up.

    Reason No. 2 to buy: Nvidia isn’t overvalued relative to fundamentals

    The second bullish fact about Nvidia is its valuation. Despite rising by over 3,000% in the last five years, shares are still reasonably priced relative to the company’s remarkable growth rate.

    With a forward price-to-earnings (P/E) multiple of just 48, Nvidia’s shares are not much more expensive than other popular AI hardware stocks like AMD, which has a P/E of 47. To put this in context, in the first quarter, AMD’s sales grew by just 2% year over year, while Nvidia’s exploded by 262%.

    This valuation suggests Nvidia’s stock could have more room to run if the AI industry lives up to analysts’ expectations. But hold your horses — there is one big risk factor new investors should be aware of.

    A reason to sell: Its uncanny resemblance to Cisco Systems

    Cisco Systems (NASDAQ: CSCO) is a computer hardware company that sold the routers and switches needed to build out the internet in the late 1990s. It was the “picks and shovels” way for investors to bet on what the smart money saw as a transformative new industry. And by the peak of the dot-com bubble in 2000, Cisco’s market cap had hit $500 billion. Then the bubble burst, and it dropped by a staggering 88% within two years. The stock still hasn’t recovered to its previous highs.

    Investors should take this as a cautionary tale, because Nvidia occupies a similar role in the AI space today, and any hit to its growth rate or pricing power could lead to a rapid collapse in its valuation, just like what happened to Cisco. While Nvidia investors have a lot to be excited about, they should also be aware of the potential risks this company faces before buying the stock, especially at its current valuation. 

    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

    The post 2 Reasons to Buy Nvidia After the Stock Split (and 1 Reason to Sell) appeared first on The Motley Fool Australia.

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

    Before you buy Nvidia 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 Nvidia wasn’t one of them.

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

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

    See The 5 Stocks
    *Returns as of 5 May 2024

    More reading

    Will Ebiefung 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 Advanced Micro Devices, Cisco Systems, and Nvidia. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Intel and has recommended the following options: long January 2025 $45 calls on Intel and short August 2024 $35 calls on Intel. The Motley Fool Australia has recommended Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Why the ‘opportunity is immense’ for DroneShield shares: fundie

    A young well-dressed couple at a luxury resort celebrate successful life choices.

    DroneShield Ltd (ASX: DRO) shares are taking a fall today in what could present an opportune buying opportunity.

    Shares in the All Ordinaries Index (ASX: XAO) drone defence company closed on Friday trading for $1.455. During the Monday lunch hour, shares are changing hands for $1.42 apiece, down 2.75%.

    For some context, the All Ords is down 0.09% today.

    But you’re highly unlikely to hear any longer-term shareholders complain about today’s underperformance.

    As you can see on the chart above, DroneShield shares have been on fire over the past year. Despite today’s retrace, shares remain up 480% over 12 months and are up 266% in 2024 alone.

    To give you a better idea of just what that means, if you’d invested $5,000 in the company this time last year, you’d now be sitting on $29,000.

    Not bad!

    And the tremendous growth run for this booming ASX tech stock may have a lot further to go.

    Why DroneShield shares could keep on booming

    Frazis Capital founder Michael Frazis looks for top technology stocks with the potential for explosive share price growth.

    And he believes DroneShield shares fit that bill.

     “DroneShield recorded revenues of $55 million in 2023, more than triple the $17 million in 2022,” Frazis said (quoted by The Australian Financial Review). “And analysts forecast 2024 revenues of over $90 million, with the bulk coming from high margin defence contracts.”

    “The opportunity is immense. Less than 1% of infantry units, ships, military bases, and civilian targets are protected against low-cost drones,” Frazis added.

    What’s been going right for the ASX All Ords tech stock?

    DroneShield shares have been among the biggest beneficiaries of the increased conflicts and accompanying sabre rattling we’re witnessing across the globe.

    And the rapid advancement of AI technology is only likely to increase the threats that drones can pose to military and civilian personnel and infrastructure. Meaning the demand for ever-better defence systems to protect against those evolving threats is likely to keep growing as well.

    Indeed, as Frazis points out, only a tiny fraction of potential targets are currently protected by anti-drone measures.

    And the growth potential of DroneShield shares has certainly grabbed investor attention.

    On 18 April DroneShield announced it had completed its share purchase plan (SPP), which was capped at $15 million. Had it not been capped, the company would have raked in $40 million.

    As the company reported on the day:

    The SPP generated significant support from DroneShield’s existing shareholders and applications received substantially exceeded the maximum capped raising amount of $15 million set by the company, with DroneShield receiving total applications for fully paid ordinary shares for $40 million.

    The post Why the ‘opportunity is immense’ for DroneShield shares: fundie appeared first on The Motley Fool Australia.

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

    Before you buy Droneshield 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 Droneshield 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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    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 DroneShield. 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 much could $10,000 invested in CSL shares be worth next year?

    If you’re fortunate enough to have $10,000 sitting in your savings account and no immediate use for it, then it could be worth putting it to work in the share market.

    After all, with a historic return in the region of 10%, that $10,000 could become $11,000 in 12 months if history were to repeat itself.

    In addition, if you can find an ASX share with market-beating potential, then you could grow your wealth even more.

    But which shares could do this? Could CSL Ltd (ASX: CSL) shares beat the market? Let’s find out.

    $10,000 invested in CSL shares

    At present, the CSL share price is trading at $289.24. This means that if you were to invest $10,000 (and a further $123.40), you would end up owning 35 units.

    According to a recent note out of Morgans, its analysts see scope for the company’s shares to rise from current levels. The broker said:

    While shares have struggled of late, we continue to view CSL as a key portfolio holding and sector pick, offering double-digit recovery in earnings growth as plasma collections increase, new products get approved and influenza vaccine uptake increases around ongoing concerns about respiratory viruses, with shares trading at 25x, a substantial discount (20%) to its long-term average.

    Morgans has an add rating and $315.35 price target on CSL’s shares. This implies potential upside of 9% and values those 35 units at $11,037.25.

    Bigger returns

    The good news is that even bigger returns could be on the cards according to analysts at Macquarie.

    A recent note out of the investment bank reveals that its analysts have an outperform rating and $330.00 price target on the company’s shares. This suggests that upside of 14.1% is possible over the next 12 months.

    If this recommendation proves accurate, those 35 CSL shares would have a market value of $11,550. That’s almost $1,500 greater than your original investment.

    But it gets better. Macquarie is feeling very positive about the outlook of the CSL Behring business. This is particularly important given how it is far and away the biggest contributor to CSL’s overall earnings.

    As a result, the broker sees scope for CSL’s shares to rise significantly over the next three years thanks to the strength of the CSL Behring business. So much so, it believes that a share price of $500 is possible by 2027.

    If that happens, it would mean those 35 shares will be worth a sizeable $17,500. That’s a very large increase on the original outlay of $10,123.40.

    Here’s hoping that Macquarie is on the money with its recommendation and valuation.

    The post How much could $10,000 invested in CSL shares be worth next year? appeared first on The Motley Fool Australia.

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

    Before you buy CSL 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 CSL wasn’t one of them.

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

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

    See The 5 Stocks
    *Returns as of 5 May 2024

    More reading

    Motley Fool contributor James Mickleboro has positions in CSL. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL and Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended CSL. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Armie Hammer has resurfaced on a YouTube show, where he says he once thought of swimming out to sea to kill himself

    Armie Hammer
    Armie Hammer.

    • Armie Hammer made a rare appearance on a podcast on Sunday, where he talked about addiction and recovery.
    • Hammer said that he thought of killing himself several times after hitting rock bottom.
    • On one of those occasions, he considered swimming out to sea to end his life, he said.

    Armie Hammer, once one of Hollywood's most promising actors, has been laying low since his career imploded in 2021. But this weekend, Hammer resurfaced on a YouTube show to talk about addiction and his stint in rehab, amongst other things.

    Hammer was the guest on the Sunday installment of the "Painful Lessons Podcast," a show hosted by his friend and self-described "longtime Armie pal" Tyler Ramsey.

    During the podcast, Hammer spoke about a time in 2021 when he was mired in scandal, during which several women accused him of sexually assaulting them. He also faced allegations of having cannibalistic fantasies. That firestorm of allegations resulted in Hammer being axed from projects and dropped by his talent agency, William Morris Endeavor.

    "So, there were a lot of times where I thought, 'I can't take this anymore, like this is too much, this is more stress than a human being has ever been evolved to deal with,'" Hammer said.

    Hammer then described what he said called a "half-assed suicide attempt" that he abandoned partway because he thought about his two children.

    "And I hit really dark low points. There was a time where I was standing on the shore, and I just looked out at the ocean, and I thought, 'Yep, this is it,'" Hammer added.

    "And I just swam out really fucking far, and I thought, 'you know what, like I'm — I'm done, like there's nothing back there for me,'" Hammer said.

    [youtube https://www.youtube.com/watch?v=lVRYOmUaL6g&w=916&h=515]

    During the podcast, Hammer also addressed — and once again denied — rumors that he is a cannibal. He added that he's now sober and said he went away for an extended stint in rehab, where he worked through trauma and sexual abuse he suffered as a child.

    Very little is known about Hammer's life now, though in June 2023, some of his legal troubles were resolved when the Los Angeles district attorney's office decided not to prosecute him for rape, after which he posted a statement to Instagram saying that he was "very grateful."

    That same month, Hammer and his ex-wife, Elizabeth Chambers, finalized their divorce. Chambers recently starred in a new docudrama, "Grand Cayman: Secrets in Paradise," which tracks the lives of super-rich locals on the island.

    A lawyer associated with Hammer did not immediately respond to a request for comment from Business Insider sent outside regular working hours.

    Read the original article on Business Insider
  • Sigma share price: What’s next with the Chemist Warehouse ASX listing?

    A senior pharmacist talks to a customer at the counter in a shop

    The Sigma Healthcare Ltd (ASX: SIG) share price remains in focus after its much-anticipated merger with Chemist Warehouse hit a major roadblock in the last week, putting a potential Chemist Warehouse ASX listing back on the agenda.

    The Australian Competition and Consumer Commission (ACCC) raised its concerns about the merger in an announcement, where it questioned the deal’s implications for independent pharmacies.

    News of the ACCC’s “preliminary concerns” caused the Sigma share price to drop sharply. It has now slipped around 5% in the last month to $1.19 per share at the time of publication.

    Sigma share price hits turbulence

    Sigma’s share price has hit turbulence since the announcement last week. Investors appeared to have taken note of what was said.

    The ACCC detailed several issues it had with the merger. For one, it said the transaction represents a “major structural change for the pharmacy sector.”

    Secondly, it wants to know if the merger could reduce competition and raise consumer prices. It says the combined entity would be “uniquely vertically integrated”, with a large footprint across the wholesale and retail markets.

    At the same time, the Commission also believes the merger could limit options for independent pharmacies and raise barriers for new competitors due to Chemist Warehouse’s discounting strategies. For instance, Chemist Warehouse passes on full discounts on Pharmaceutical Benefits Scheme (PBS) prescriptions to its customers.

    News of the ACCC’s concerns last week hit the Sigma share price. Investors traded it down from $1.21 to $1.16 per share by market close on Friday. But they seemed to have shown renewed confidence on Monday, with Sigma up 3% at the time of publication.

    Now analysts at investment bank Barrenjoey have claimed that The ACCC left a major player in the pharmacy supply chain out of its calculations when arguing against the merger.

    It says Clifford Hallam Healthcare (CH2) was excluded from the equation and that CH2 is “increasing investment in capacity to grow its [market] share”, per The Australian Financial Review.

    Even if independent pharmacies decided they did not want to be supplied by the combined group, we think wholesale supply competition for this business would remain healthy

    The firm also told its clients that factors like vertical integration are industry norms and that Chemist Warehouse “will be Sigma’s largest wholesale customer” regardless of the outcome. This news is potentially positive for the Sigma share price.

    Could an IPO be the solution?

    In my view, both Sigma and Chemist Warehouse will likely work with the ACCC, but one can’t rule out the ACCC blocking the transaction either.

    And with the ACCC crawling all over the deal, many question whether an initial public offering (IPO) of Chemist Warehouse shares could be a viable option.

    A lot of the heavy lifting has already been done, for one. Investors have also gained a far deeper understanding of Chemist Warehouse as well.

    There is no saying what that means for the Sigma share price. But this groundwork could facilitate a quick move towards a public listing if the merger fails.

    Foolish takeaway

    The Sigma share price is in focus as the future of its merger with Chemist Warehouse remains uncertain. Investors are closely watching the ACCC’s next moves.

    Whether through a merger or an IPO, Chemist Warehouse’s journey to the ASX has a ways to go yet.

    The post Sigma share price: What’s next with the Chemist Warehouse ASX listing? appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the ‘five best ASX stocks’ for investors to buy right now. We believe these stocks are trading at attractive prices and Scott thinks they could be great buys right now…

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