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Rocket Lab USA Is Up 320% in 2024. Here’s Why I’m Not Taking Profits.

The recent market rotation toward smaller companies has lifted many boats, but Rocket Lab USA's (NASDAQ: RKLB) performance stands out even in this environment. The space company's shares have rocketed 320% higher this year at the time of this writing, including a stunning 107% surge in the past 30 days alone. This momentum has pushed Rocket Lab's market capitalization above $11 billion, and the stock now trades 24% above Wall Street's consensus price target. RKLB Chart Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » RKLB data by YCharts. Despite this meteoric rise, I'm keeping my position intact. Here's why this space stock might still have room to run. Image source: Getty Images. Rocket Lab's third-quarter 2024 results demonstrate the company isn't just riding market sentiment. Revenue grew 55% […]

Karl The Fog November 26, 2024

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Three injured in Palm Desert crash after sheriff’s deputies chase suspected thieves

Three people were taken to a local hospital with minor injuries following a two-car collision in Palm Desert, which occurred after Riverside County sheriff’s deputies chased a trio of suspects connected to a theft at a nearby business Monday afternoon.The incident also led to an extended closure of Washington Street between Hovley Lane and Fred Waring Drive on Monday afternoon.Shortly after 1:30 p.m. Monday, deputies with the Riverside County Sheriff’s Department were dispatched to a business in the 72-000 block of Highway 111 in Palm Desert regarding a theft. They were told three suspects stole items and fled in a white vehicle.A responding deputy located the suspects’ vehicle in the area of Hovley Lane and Portola Avenue. When the vehicle did not stop, the deputies began a pursuit, according to department spokesperson Sgt. Wendy Brito-Gonzalez.“The vehicle stopped on Washington Street […]

Karl The Fog November 25, 2024

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What Can I Do With RMDs I Don’t Plan to Spend? I Don’t Want to Just Dump Them Into My Checking Account

Susannah Snider, CFP I am approaching the time when I’ll take required minimum distributions (RMDs) from my individual retirement account (IRA). I am in a quandary about what I can do with this anticipated largesse of cash. I do not necessarily need the money dumped into my checking account. -Tommy Retirees who don’t need the cash from required minimum distributions (RMDs) aren’t required to dump it directly into a checking account. Fortunately, a range of options exists that allows the RMDs to work more effectively for you. Keep in mind that how you handle your RMDs may come with tax consequences, so it’s important to keep an eye out for those repercussions. Here’s what to do with RMDs when you don’t need the cash. (If you have additional questions about investing or retirement, this tool can help match you with potential advisors.) […]

Karl The Fog November 25, 2024

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Rand Paul Breaks With Trump on Two Key Administration Promises

Rand Paul on Face the Nation.President-elect Donald Trump has made it clear that he’s looking for yes-men for his next term in office, but Republican Sen. Rand Paul didn’t seem to get the memo.The Kentucky lawmaker spoke on CBS' Face the Nation on Sunday, and firmly stated his stance against both tariffs and the potential of the military being involved in mass deportations.Paul went as far as to call Trump’s proposal to involve the military “illegal” and a “terrible image” while talking to the show’s host, Margaret Brennan.“I am 100 percent supportive of going after the 15,000 murders, the 13,000 sexual assault perpetrators, rapists. All these people. Let’s send them on their way to prison or back home to another prison. So I would say, all points bulletin, all in,” Paul said.However, he quickly clarified that he and Trump disagreed […]

Karl The Fog November 24, 2024

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Moscow offers debt forgiveness to new recruits and AP sees wreckage of a new Russian missile

KYIV, Ukraine (AP) — Russian President Vladimir Putin has signed a law granting debt forgiveness to new army recruits who enlist to fight in Ukraine.The measure, whose final version appeared on a government website Saturday, underscores Russia’s needs for military personnel in the nearly 3-year-old war, even as it fired last week a new intermediate-range ballistic missile. According to Russian state news agency Interfax, the new legislation allows those signing up for a one-year contract to write off bad debts of up to 10 million rubles ($96,000). The law applies to debts for which a court order for collection was issued and enforcement proceedings had commenced before Dec. 1, 2024. It also applies to the spouses of new recruits.Trusted news and daily delights, right in your inboxSee for yourself — The Yodel is the go-to source for daily news, entertainment […]

Karl The Fog November 24, 2024

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One Of The Unhealthiest Beef Stock Brands Is Already In Your Pantry

We may receive a commission on purchases made from links.Stocks and broths are a cornerstone of any kitchen. Store-bought versions enable you to make a dizzying array of soups, sauces, and other dishes without the struggle of making your own stock or broth from scratch. But, the readymade varieties aren't created equal, with a few brands packing in unhealthy levels of some ingredients while containing little to none of the beneficial nutrients that a good stock should have.One of these health offenders comes from Nature's Promise. It's a brand known for otherwise healthy and organic food at good prices, which makes the appearance of its stock here all the more disappointing. Worse, the brand's beef-flavored culinary stock that landed it here gets double strikes for having both too much salt and not enough additional nutrients when compared to other brands of […]

Karl The Fog November 23, 2024

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Philippine VP says she would have Marcos assassinated if she were killed

By Neil Jerome MoralesMANILA (Reuters) -Philippine security agencies stepped up safety protocols on Saturday after Vice President Sara Duterte said she would have President Ferdinand Marcos Jr assassinated if she herself were killed.In a dramatic sign of a widening rift between the two most powerful political families in the Southeast Asian nation, Duterte told an early morning press conference that she had spoken to an assassin and instructed him to kill Marcos, his wife and the speaker of the Philippine House if she were to be killed.Trusted news and daily delights, right in your inboxSee for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories."I have talked to a person. I said, if I get killed, go kill BBM (Marcos), (first lady) Liza Araneta, and (Speaker) Martin Romualdez. No joke. No joke," Duterte said […]

Karl The Fog November 23, 2024

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Man loses 300 lbs by walking and cutting this 1 food from his diet

Welcome to Start TODAY. Sign up for our Start TODAY newsletter to receive daily inspiration sent to your inbox — and join us on Instagram!About 25 years ago, Rick Salewske weighed 538 pounds. “When I was gaining weight, my world just got smaller and smaller. I couldn’t fit in chairs. I couldn’t go to restaurants. My knees hurt. The steering wheel in my car hit my stomach. I couldn’t put on my shoes. I quit going to college because I couldn’t fit in the desk,” he tells TODAY.com.In 2000, three things happened that motivated him to change:He dreamed that he died, and saw his brothers and sisters lowering him into the ground.He skipped his 20th high school reunion because he hadn’t seen his classmates over the years, and he was embarrassed about his weight.He got hired for a new job, over the phone, […]

Karl The Fog November 22, 2024

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Over 900 mobile home owners in Sweetwater, Florida handed move-out notices amid plans to transform park

Over 900 mobile home owners in Sweetwater, Florida handed move-out notices amid plans to transform park Residents of Li'l Abner Mobile Home Park in Sweetwater, Florida, were recently notified that they'll need to find somewhere else to live and quickly. The community of more than 900 mobile homes, together housing roughly 2,000 to 3,000 people per the mayor's estimate, will close in May 2025 to make way for new affordable and workforce housing. Mobile home owners usually own the home but rent the land it stands on. The land owner in this case, CREI Holdings, says it will provide a financial incentive of $14,000 to residents who leave by January 31, 2025. Those who leave by March 31 or April 30, will receive $7,000 and $3,000, respectively, though many tenants say it's not enough time or money, according to a […]

Karl The Fog November 22, 2024

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Pam Bondi named as new AG pick after Gaetz drops out

Former Rep. Matt Gaetz, President-elect Donald Trump's pick for attorney general, said Thursday he is withdrawing his name for the role -- just a day after Gaetz spoke with Republican senators on Capitol Hill about the nomination process.Trump has named Pam Bondi, the former attorney general of Florida, as his new pick for the role.Another controversial Cabinet pick, Pete Hegseth, is on the Hill on Thursday with Vice President-elect JD Vance to make his case for the secretary of the Department of Defense job.Meanwhile, Trump continues to announce his picks for top jobs inside his administration.Latest DevelopmentsNov 21, 6:56 PMTrump nominates Pam Bondi as new AG pickTrump has nominated Pam Bondi as his new pick for attorney general, after Matt Gaetz withdrew from consideration earlier Thursday.Bondi is the former attorney general of Florida, serving from 2011 to 2019 and marking […]

Karl The Fog November 21, 2024

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