Kathryn Glass’s journey to become a co-leader of the high-yield fixed-income group at Federated Hermes is nothing short of remarkable. Initially pursuing a career in Japanese literature, Glass transitioned into finance after an internship that redirected her professional aspirations. This divergence from the expected path underscores the notion that life is malleable and that personal
Investing
The financial landscape has seen significant upheaval recently, largely fueled by the tariff policies from the Trump administration that have ignited fears of a slowing economy. Investors are left grappling with the implications of a potential recession and the resulting volatility in stock prices. Within this chaos, however, can lie opportunity. Several robust companies are
Illumina, a titan in the genomic sequencing landscape, has seen its fortunes fluctuate dramatically. Once a powerhouse with a staggering market valuation of $70 billion, the company now grapples with a valuation below $13 billion. This decline could be analyzed through a multitude of lenses, primarily due to the complexities of the biotech industry intertwined
GameStop’s ambitious leap into the cryptocurrency market has sent tremors through the investment community, leading to a painful reversal of fortunes. After a brief rally where shares inflated by nearly 12%, the announcement of a $1.3 billion debt raise to procure Bitcoin led to a staggering plunge of over 15%. This unexpected turnaround isn’t just
GameStop, the video game retail giant, is attempting a daring shift in its corporate strategy by embracing cryptocurrency, specifically Bitcoin. This significant move, reminiscent of MicroStrategy’s aggressive acquisition policy, positions GameStop to leverage its substantial cash reserves—reported at nearly $4.8 billion as of February 1. The company’s board has approved a plan to funnel a
Viasat Inc., a key player in the satellite communications domain and a noteworthy competitor to Elon Musk’s Starlink, recently experienced a remarkable stock surge, spurred largely by an endorsement from Deutsche Bank analyst Edison Yu. The stock jumped over 13% following Yu’s upgrade from a hold to a buy recommendation. This price spike is significant
In an era marked by economic uncertainty and rising inflation, stock market volatility has become a notable concern for investors. Geopolitical tensions, trade wars, and fluctuations in consumer demand have only added to the unpredictability of market performance. During these turbulent times, dividend-paying stocks have emerged as a beacon of stability. For investors seeking consistent
Janet Rilling’s journey in the finance world is both inspiring and illustrative of the talent that often goes unrecognized, particularly among women in investment management. Starting her financial journey as a teenager, her passion was ignited by dinner table discussions with her father—an everyday experience that many might overlook but which has profound implications on
When Nvidia’s CEO Jensen Huang took to the stage on what he dubbed “Quantum Day,” anticipation ran high. In the tech industry, where excitement and skepticism often fuel each other, Huang sought to clarify his previously stated timeline regarding quantum computing’s usefulness. Yet, his attempt to assuage fears about quantum technology appearing on the market
Accenture has become a significant player in government consulting, yet the firm finds itself grappling with the implications of tightened federal spending. Following a bleak fiscal second quarter, the consulting giant’s stock plummeted nearly 8% in one day. This decline can largely be attributed to recent assessments by the U.S. government that have led to