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Nvidia announced plans to split its stock 10-for-1, meaning existing shareholders will receive 10 shares of Nvidia for every 1 they own at a price of 10% of the market value. Historically, stocks tend to perform well after a stock split, with an average return of more than 25% in the 12 months following a split. Nvidia also announced a significant increase to its dividend, hiking it from $395 million annually to nearly $1 billion annually. Nvidia's stock has massively outperformed the market recently, gaining over 2,600% in 5 years versus 120% for the Nasdaq.
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ConocoPhillips , to Buy Marathon Oil.<br/>ConocoPhillips , to Buy Marathon Oil.<br/>On May 29, ConocoPhillips agreed to <br/>acquire Marathon Oil in an all-stock deal valued at $17 billion, CNBC reports.<br/>The agreement will provide ConocoPhillips with <br/>an additional 2 billion barrels of U.S. inventory.<br/>This acquisition of Marathon Oil further <br/>deepens our portfolio and fits within our <br/>financial framework, adding high-quality, <br/>low cost of supply inventory adjacent to our <br/>leading U.S. unconventional position. , ConocoPhillips CEO Ryan Lance, via statement.<br/>ConocoPhillips' market cap will <br/>exceed $150 billion due to the deal.<br/>As an independent producer, ConocoPhillips will now be on the same scale as some big-time players, CNBC reports.<br/>For example, the company will become larger than BP but still be smaller than Shell, according to Andrew Dittmar, M&A analyst at Enverus.<br/>For example, the company will become larger than BP but still be smaller than Shell, according to Andrew Dittmar, M&A analyst at Enverus.<br/>While the deal is likely to face FTC scrutiny, the fact that Marathon's assets encompass multiple basins supports regulatory approval, Dittmar said. .<br/>Once the deal is complete, <br/>ConocoPhillips anticipates share buybacks worth $7 billion within the first year.<br/>After three years, that number is <br/>expected to grow to $20 billion.<br/>ConocoPhillips' larger rivals, <br/>Exxon Mobil and Chevron, announced <br/>blockbuster deals as well last year.<br/>ConocoPhillips' larger rivals, <br/>Exxon Mobil and Chevron, announced <br/>blockbuster deals as well last year
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Learn how to make \
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High mortgage rates in the US are making homeownership unattainable for many Americans, affecting their economic mobility and life plans. With rates hovering around 7%, affordability has become a major issue, as the median home price reaches a record high of over $400,000. This situation is expected to widen the wealth gap between homeowners and renters, with renters facing a 60% likelihood of never being able to own a home. The high costs have forced some potential buyers to continue renting indefinitely, while others who have purchased homes struggle with strict budgets and the inability to refinance their mortgages.
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London house prices dropped by 3.4 per cent between March 2023 and 2024.While property prices across England rose one per cent in the past year, according to the latest House Price Index from HM Land Registry, London continued to register declining prices.
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Prepare for a captivating journey into the heart of the Titanic's enigma. In this immersive investigation, we unravel the intriguing reasons behind the Titanic's slow sinking. Join us as we uncover the surprising factors that contributed to this legendary ship's prolonged descent. Don't miss out on this fascinating dive into history!Animation is created by Bright Side.<br/>----------------------------------------------------------------------------------------<br/>Music from TheSoul Sound: https://thesoul-sound.com/<br/> <br/>Check our Bright Side podcast on Spotify and leave a positive review! https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV<br/> <br/>Subscribe to Bright Side: https://goo.gl/rQTJZz<br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook: https://www.facebook.com/brightside<br/>Instagram: https://www.instagram.com/brightside.official<br/>TikTok: https://www.tiktok.com/@brightside.official?lang=en<br/> <br/>Stock materials (photos, footages and other):<br/>https://www.depositphotos.com<br/>https://www.shutterstock.com<br/>https://www.eastnews.ru<br/>----------------------------------------------------------------------------------------<br/> For more videos and articles visit:<br/>http://www.brightside.me<br/> ----------------------------------------------------------------------------------------<br/>This video is made for entertainment purposes. We do not make any warranties about the completeness, safety and reliability. Any action you take upon the information in this video is strictly at your own risk, and we will not be liable for any damages or losses. It is the viewer's responsibility to use judgement, care and precaution if you plan to replicate.
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Buckle up because we're about to embark on a wild ride through a collection of mind-blowing tidbits. From quirky food facts that will leave your taste buds tingling to mind-boggling revelations about the animal kingdom, there's something for everyone. We'll uncover some surprising truths about the human body that will make you go, \
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Consumer confidence rose in May after declining for the last three months, with the Conference Board's Consumer Confidence Index increasing to 102 from 97.5. Consumers cited high prices for food and groceries as having the greatest impact on their views of the economy. Their expectations about average inflation over the next 12 months edged up slightly. The share of consumers expecting higher interest rates over the next year also increased slightly. Views of the current labor market improved as fewer consumers said jobs were hard to get.
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Renowned economist Peter Schiff has warned about the potential for a major financial crisis due to “run-away inflation” and a weakening U.S. dollar. Schiff also predicts a significant surge in gold prices.
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Dr. Gavin Miller is the Head of Adobe Research, spoke at Imagination in Action's 'Forging the Future of Business with AI' Summit about how Adobe trained its generative AI models.<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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Berkshire Hathaway shares have become more appealing due to a recent drop in stock price and a surge in book value, largely driven by the rally in Apple shares.
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The electric car manufacturer has cut the output of its Model Y by a double-digit percentage at its Shanghai plant, Reuters reported on Friday, citing industry data and a source.
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