Top news bites: August 15
Here’s Yahoo Finance’s Alexis Christoforus with a look at today’s top headlines.
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A Once-in-a-Decade Opportunity: 3 Magnificent Dividend Stocks Down Between 19% and 28% to Buy Now and Hold Forever
These three low-volatility, dividend-growth stocks offer the potential to rebound while trading near decade-low valuations.
Motley FoolRoaring Kitty is back, and so are meme stocks, GameStop surges 40%
Keith Gill, better known as “Roaring Kitty,” posted an image on Sunday of a man sitting forward in his chair, a meme used by gamers when things are getting serious. GameStop was a video game retailer that in 2021 was struggling as consumers switched rapidly from discs to digital downloads. Gill and those who agreed with him changed the trajectory of a company that appeared to headed for bankruptcy.
Associated Press FinanceFort Worth's tallest building sells for just $12.3M at auction in stunning price drop
The tallest building in Fort Worth, Texas, has been bought by a bank for $12.3 million, three years after it sold $137.5 million. Burnett Plaza has 40 stories and is 567 feet tall.
Fox BusinessGameStop jumps as 'Roaring Kitty' returns from three-year hiatus
Shares of GameStop jumped 40% in pre-market trading on Monday after social media persona "Roaring Kitty," whose online posts had sparked a trading frenzy in the videogame retailer in 2021, returned on X.com after a break of three years.
ReutersWarren Buffett Sold Apple and Paramount. Here's What He's Buying Instead.
The Oracle of Omaha keeps selling more stocks than he's buying. Here's what's on his shopping list.
Motley FoolAre Stocks Going to Crash? This Forecasting Tool Hasn't Been Wrong in 65 Years, and It Has a Sobering Message for Wall Street
This historically flawless predictive tool has accurately foreshadowed what's to come for the U.S. economy since 1959.
Motley FoolIntel nears $11 billion deal with Apollo for Ireland facility, WSJ reports
Intel and Apollo are in exclusive talks for the deal, which could be signed in the coming weeks, the report said, citing people familiar with the matter. Other investment firms including KKR and infrastructure investor Stonepeak were also in the running before Apollo recently pulled ahead, the report added. Intel and Apollo Global Management did not immediately respond to Reuters requests for comment.
ReutersRealty Income Sees Revenue Surge and Increases Its Dividend. Is It Time to Buy This 5.6% Yielding Stock?
Is the stock poised for a turnaround?
Motley FoolNvidia Is Leading the Artificial Intelligence (AI) Charge, But These 2 Companies Are Rising Stars
Nvidia's GPUs are the sexier story, but advanced packaging companies may be the next big AI growth story.
Motley FoolMarriage Takes Work—Especially When Only One Spouse Retires
David Buck, 60, stepped back from a long career in sales management just as his wife, Susan Rose, 58, an ordained minister, leaned in, working 40-plus hours a week. David now folds more of the laundry and takes on grocery duties. Only 18% of retired households claimed Social Security at the same time, according to a review of Federal Reserve data conducted by the Center for Retirement Research at Boston College.
The Wall Street Journal