The Oil Market ‘Is Lying To Us,’ Oil Execs Say
(Yahoo! Finance) - Big Oil is making money but losing sleep. Sure, high oil prices are nice; we’ll find out next week exactly how nice when the majors report first-quarter earnings. But what goes up must eventually come down. And even though US oil executives and insiders are worried that energy market disruption stemming from the war in Iran is poised to get significantly worse, they’re not ready to ramp up drilling to counteract it.
Medicare Strategy Must Be Implicated In The Broad Retirement Plan
Most clients arrive at retirement with well-formed beliefs about money, yet one of the most persistent and costly blind spots remains healthcare planning under Medicare. Even highly prepared households routinely underestimate how structural gaps, timing errors, and plan selection decisions can compound over decades. For advisors, this represents both a material risk to client outcomes and a critical opportunity to deliver differentiated guidance.
CEO Turnover Is Accelerating Across Global Markets
The recent announcement that Tim Cook will step down as CEO of Apple, with longtime executive John Ternus set to assume the role on September 1, reflects a broader leadership inflection point that wealth advisors and RIAs should not view in isolation. Instead, it is part of a systemic shift in executive tenure, succession planning, and corporate strategy that has meaningful implications for portfolio construction, governance evaluation, and long-term capital allocation.
Institutions Have Quietly Become ETF Converts. New Research Shows How Far That Shift Has Gone.
A new study from Cerulli Associates and Invesco finds that North American institutional asset owners have nearly doubled their exchange-traded fund holdings over the past five years — a transformation that is no longer about experimentation and is increasingly about building the core of a portfolio.
Tesla Shares Jump After Earnings Beat on Margins, Profitability and Robotaxi Progress
Tesla shares climbed in after-hours trading Wednesday after the electric vehicle and AI company reported first-quarter results that handily beat Wall Street's expectations on profitability and cash generation, even as revenue came in slightly below some analyst targets.