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Despite having billions to their name, some of the wealthiest people on the planet don't splurge on the material items that others shoppers might be tempted by. Berkshire Hathaway CEO Warren Buffett, for example, is famous for driving a 2014 Cadillac, which is covered in damage from a hail storm. Microsoft cofounder Bill Gates drives an electric Fiat500 gifted to him by Bono, while YouTube star MrBeast sleeps in his office and had to borrow money from his mom to pay for his wedding.

Yet you can do better than just matching the averages. Michael O'Higgins popularized the Dogs of the Dow strategy in his 1991 book . It calls for buying the top 10 highest-yielding dividend stocks from the 30 Beating the Dow Dow Jones Industrial Average companies and has delivered market-beating returns. You hold onto the stocks for one year, then sell them, and start the process all over again. Wash. Rinse. Repeat.

Shares of Taiwan Semiconductor Manufacturing Co. Ltd. ( NYSE: TSM), AKA TSMC, hit an all-time high of $313.98 this month. Tariff and trade issues surrounded TSMC in the past month, but it did boost its quarterly dividend by more than 16%. The stock is up 7.2% higher than a month ago. The share price is 40.8% higher than six months ago and 49.6% higher year over year, outperforming the Nasdaq in both timeframes.

In the next 25 years, an intergenerational wealth transfer of $74 trillion is expected, according to a June report by UBS. Among the ultrawealthy, this transfer is accelerating: By 2040, the world's billionaires are expected to pass down $5.9 trillion to their children, UBS estimated in a December report, which focused on billionaires. That amounts to the greatest wealth transfer in history - and plenty of familial expectations.

Elon Musk wants to bring more joy to the world. Writing on X on Christmas Eve, Musk said he was switching up Tesla's "mission wording" from "Sustainable Abundance" to "Amazing Abundance." "The latter is more joyful," he wrote. Musk appeared to be referring to Tesla's latest " master plan," its long-term strategy document. The fourth edition, released this September, contains several mentions of "sustainable abundance" - an idea that Tesla's products and services will "accelerate global prosperity" and create "a safer, cleaner, and more enjoyable world."

That presents both an opportunity and a potential threat for leaders like Gorin-and Booking Holdings CEO Glenn Fogel, with whom we spoke earlier this year. The opportunity: to deploy AI internally and forge partnerships that embed the group's Expedia, Hotels.com and Vrbo functionality within the LLMs. The risk: hallucinations, privacy violations, and the specter of LLMs reducing the need for travel sites or turning them into invisible pipes that consumers never see.

Shares of Meta Platforms have advanced 13% year to date, bringing its market value to $1.6 trillion. Meanwhile, shares of Google parent Alphabet have advanced 64%, bringing the company's market value to $3.7 trillion. Three top hedge fund managers bought both stocks in the third quarter. Israel Englander of Millennium Management added 793,500 shares of Meta Platforms and 2.2 million shares of Alphabet. Both stocks rank among his top 10 holdings.

Nike shares ticked up 2% in premarket trading on Wednesday after Apple CEO Tim Cook bought nearly $3 million worth of the sportswear maker's stock. Cook, who has served on Nike's board since 2005 and is its lead independent director, bought 50,000 shares at $58.97 each, according to a regulatory filing published on Tuesday. Nike shares were trading at $58.49 on Wednesday. The purchase comes just days after Nike reported weaker quarterly margins and sluggish sales in China.

One of the most impressive growth stocks in recent years, Palantir ( NASDAQ:PLTR) has also become among the most discussed names in the market. With a market capitalization that's now approaching $500 billion, and some expectations that this stock could be another entrant into the $1 trillion club, growth investors everywhere are cheering CEO Alex Karp and its team on. Well, most investors.

The US dollar edged lower on Tuesday ahead of the release of GDP data, as expectations of further monetary easing continued to weigh on both the currency and Treasury yields. The 10-year yield slipped back, erasing Monday's gains, reflecting renewed caution among investors. While markets broadly expect the Federal Reserve to keep rates unchanged at its January meeting, expectations for 2026 remain tilted toward two rate cuts, leaving the dollar vulnerable to downside surprises in macro data.

Over the next decade, you'll surely want to own at least one artificial intelligence (AI) chip stock. You might assume that all you need is NVIDIA ( NASDAQ:NVDA) stock and nothing else. However, even though NVIDIA is the market's darling, your best pick could actually be Advanced Micro Devices ( NASDAQ:AMD) stock. Even though it's a giant company, Advanced Micro Devices is an underdog in some respects.

Across organizations of every size, I am seeing the same operational pattern take shape. Legal teams are carrying more work, adopting more technology, and fielding increasing demands from the business, yet the underlying infrastructure has not evolved at the same pace. The result is a readiness gap that grows quietly and gradually, often in the background of an otherwise high-functioning department. The encouraging part is that the leaders who recognize the pattern early are already finding practical ways to close it.

is being driven by robust demand growth and ongoing inventory reduction, alongside regulatory tightening, including the shutdown of a major Chinese lithium mine by Contemporary Amperex Technology Co. Ltd. (CATL) and new government measures aimed at preventing producers from selling lithium at unsustainably low prices. The increased recognition of lithium as a critical mineral, combined with Western concerns over China's control of global supply chains, is bolstering the sector outside of China.

Walmart's chief executive, Doug McMillon, will step down on Jan. 31," The New York Times bullishly observed, "completing a 12-year run that moved the company from a staid brick-and-mortar retailer to a formidable challenger to Amazon, making the big-box store the envy of many in the retail industry." McMillon "leaves Walmart in a strong position after years of work repositioning it as a formidable digital player and more competitive employer." "I can't overstate how difficult it is to take a company with such a strong legacy and make it competitive in today's environment, given the pace of change," Joanna Starek, an adviser to chief executives, told the Times.

That disconnect was flagged in an 8-week Deloitte review of Whole Foods' use of Microsoft 365 apps earlier this year, according to an internal document obtained by Business Insider. Deloitte found that Whole Foods relies on "fragmented" Microsoft toolsets, has loose security and data-retention practices, and employs a complex user-management setup - all of which contribute to inefficiencies and lower productivity when working with Amazon employees.

Javice was sentenced to more than seven years in prison in September, following a fraud conviction. In 2021, JPMorgan acquired Javice's startup Frank, which Javice claimed assisted millions of people in completing their federal financial aid forms. On top of the $175 million JPMorgan spent on acquiring the fraudulent firm, the bank must also pay Javice's legal fees, due to a clause in its original contract with Javice indicating it is liable for her defense bill.

Still shares are up nearly 33% on the year. When the company reported Q3 earnings on Nov. 19, it beat on the top and bottom lines when it announced record revenue of $57.0 billion and diluted earnings per share (EPS) of $1.30, both of which exceeded analyst expectations. Data center revenue was the primary growth driver, reaching a record $51.2 billion, which marked a 66% year-over-year increase.