Latest news with #EstéeLauder
News.com.au
20 hours ago
- Business
- News.com.au
Famous investor's huge move sparks fears for the economy
A prominent investor and multi-millionaire has made a huge move amid growing concerns about the global economy. Michael Burry – one of the first investors to predict and profit from the subprime mortgage crisis that occurred between 2007 and 2010 – has turned sceptical on stocks, dramatically slashing the portfolio of his Scion Asset Management company. As revealed by recent SEC filings, Burry's Scion Asset Management has liquidated most of its equity holdings in a sign that the investor is bracing for a hard market crash. The company cut the size of its portfolio to just seven stocks in the first quarter, according to a regulatory filing in May. This is down from 13 stocks in the previous quarter. Shares sold by Scion include Alibaba (BABA), Baidu (BIDU), (JD), and PDD Holdings (PDD). Meanwhile, the company's position in beauty giant Estée Lauder doubled, to 200,000 shares. Burry, who was portrayed by Christian Bale in the 2015 movie The Big Shor t is well known for spotting market bubbles, and has issued a string of warnings over recent years – some of which haven't come true. Burry has also slashed shares before – raising eyebrows in 2023 when he cut most of his holdings. Later, he discovered that it wasn't the greatest move. The investor's move comes amid uncertainty on Wall Street over US President Donald Trump's trade war and the Big Beautiful Bill, which could saddle America with a staggering $4 trillion in debt over the next decade. Currently, America's national debt stands at $USD36 ($AUD56) trillion, a figure that dwarfs defence spending as a proportion of the country's GDP. What's more, US Treasuries are on track for their first monthly loss this year due to Trump's abrupt policy shifts, which have shaken the confidence of investors. Those investors include Burry and JPMorgan chief Jamie Dimon, with Dimon declaring at an economic forum on Friday that a 'crack' was about to appear in the bond market, which happens when investors no longer have confidence in the government and its ability to service its debt. He also stated that government 'mismanagement' could potentially 'kill us'. 'I just don't know if it's going to be a crisis in six months or six years, and I'm hoping that we change both the trajectory of the debt and the ability of market makers to make markets,' the JPMorgan Chase & Co. chief executive officer said Friday at the Reagan National Economic Forum. 'Unfortunately, it may be that we need that to wake us up.' Dimon had a bleak prediction for most investors. 'I'm telling you it's going to happen, and you're going to panic. I'm not going to panic. We'll be fine. We'll probably make more money,' he said. When it comes to Australia's economic future, Treasurer Jim Chalmers said in May that managing the risk from the global economic uncertainty is a priority. He said the 'spectrum of scenarios' posed by the global outlook was 'much broader' following the impact of Donald Trump's trade war. The spotlight is well and truly on the increasingly volatile US and China relationship. The Treasurer has also stated that boosting productivity will be the focus of the Albanese government's second term, while still reining in inflation.
Yahoo
2 days ago
- Business
- Yahoo
Why Estée Lauder Stock Tipped Higher on Thursday
The cosmetics company is bringing back a seasoned executive. She most recently served as CEO at two peer businesses. 10 stocks we like better than Estée Lauder Companies › A new executive hire at Estée Lauder Companies (NYSE: EL) was the main news item driving the company's stock higher on the penultimate trading day of the week. Thursday saw the storied cosmetics maker's share price rise by over 3%, a figure that was more than high enough to beat the S&P 500 index's 0.3% increase. That morning, Estée Lauder announced that it had hired Lisa Sequino to be the president of its makeup brand cluster. Sequino is quite the experienced cosmetics industry executive, having most recently served as CEO and board member of industry company Supergoop! Prior to that, she served in both capacities for JLo Beauty & Lifestyle companies, the beauty brand founded by actor Jennifer Lopez. The incoming executive will be a familiar figure to some in Estée Lauder's offices. Before her two CEO stints, she was with the company for over nine years, serving in a variety of high-level roles. The most recent of these was senior vice president of North American Brands. Before that stretch, she worked for eight years at consumer goods titan Procter & Gamble as a cosmetics executive. In Estée Lauder's press release touting Sequino's return, Chief Brand Officer Jane Hertzmark Hudis said "Her unique combination of strategic and conceptual thinking, entrepreneurial mindset and operational excellence makes her exceptionally well-suited to fast track our makeup cluster into its next phase of growth." Sequino certainly feels like quite the "get" for Estée Lauder, not least because of her recent experience as the leader of two brands familiar to industry watchers. The company was built on its success with makeup products, and as such they'll be important for its future too. Before you buy stock in Estée Lauder Companies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Estée Lauder Companies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,761!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $826,263!* Now, it's worth noting Stock Advisor's total average return is 978% — a market-crushing outperformance compared to 170% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Estée Lauder Stock Tipped Higher on Thursday was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mail
3 days ago
- Entertainment
- Daily Mail
Ivanka Trump's makeup essentials: her go-to beauty products - and one of them is an iconic $16 lip balm
If you've ever wondered how exactly Ivanka Trump achieves her glowing, fresh-faced look, wonder no more. She's not gatekeeping her favorites — or, at the very least, she's subtly spilling the details on a handful of them. On a recent appearance on The Skinny Confidential Him & Her podcast, Ivanka opened up about her minimalist approach to beauty, saying she prefers to 'focus on skincare rather than makeup.' While some might expect an ultra-exclusive, inaccessible routine, it turns out some of her top picks are precisely the opposite. Read on to discover the three staples that she swears by, including an iconic lip balm and a classic coverup. Estee Lauder Double Wear Maximum Cover Concealer 'I have been using this makeup product from Estée Lauder since I was like 14 years old,' Ivanka shared. 'It's a concealer… it's called Maximum Coverage.' She says she doesn't love heavy foundation. Instead, Ivanka prefers to dab this full-coverage formula under her eyes. The generously sized tube has serious staying power. She even jokes that she's only gone through about three bottles since her teen years. It's a longtime favorite for a reason: It's breathable, buildable, waterproof, and long-wearing. $55 Shop Glossier Balm Dotcom As someone who has admitted she is 'addicted to lip moisturizer,' it's understandable that Ivanka swears by Glossier's beloved Balm Dotcom. 'Wherever I go, on my bedside table, there's a lip moisturizer,' she confesses. Her top pick? The original Balm Dotcom, though she admits she's still hunting down the formula that existed before the brand changed the formula. With its soft tint, nourishing ingredients, and fun selection, this balm is a massive cult staple. $16 Shop Gente The Lymphatic Drainage Effect Ivanka reaches for Gente's The Lymphatic Drainage Effect for top-tier body care. The Brazilian-formulated moisturizer was developed by a friend of hers. 'It is so good and it smells so delicious,' she raved, calling it 'amazing' and 'beautiful.' The luxe cream is said to boost circulation and leave skin looking smoother and feeling more toned. If you're looking to level up your beauty routine in any way, this nourishing, tightening cream powered by caffeine could easily become your go-to, too. $34 Shop
Scotsman
3 days ago
- Business
- Scotsman
up to 50% off must-have products
Boots Super Savings day returns with up to 50% off must-have products – One day only This article contains affiliate links. We may earn a small commission on items purchased through this article, but that does not affect our editorial judgement. For one day only Boots Super Sunday Savings is offering incredible discounts. Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Get ready for serious savings this weekend Boots Super Sunday Savings is back on Sunday, June 1, bringing incredible discounts across a wide range of premium beauty, fragrance, parenting, electrical beauty, and wellness products. For 24 hours only, shoppers can head to to snap up deals on top-tier brands like Estée Lauder, No7, Oral-B , and more . Whether you're stocking up on skincare favourites or upgrading your beauty and wellness tools, there's something for everyone in this exclusive online event. What's on offer? 40% off Ellie Saab Le Parfum Eau da Parfum 33% off Estée Lauder Advanced Night Repair Serum 33% off No7 Ultimate Eyeshadow Palette 50% off Colgate Max White Ultimate LED Whitening Kit 64% Oral-B iO8 Electric Toothbrush Violette Ametrine 40% off Theragun Elite by Therabody (5th generation) From premium fragrances to powerful skincare, and cutting-edge oral care tech, these one-day-only discounts are not to be missed. When & Where: Sunday, 1st June Online only at Offers available for 24 hours only Set a reminder, bookmark your wish list, and get ready to save big because these deals won't last. 💪 Women 55+ are leading the way in healthy weight loss A major UK study shows that women over 55 are seeing the best results from weight loss jabs like Wegovy and Mounjaro – and it's not just the medication that's working. According to research from Voy and Imperial College London, older women who track their weight and attend coaching sessions lose 53% more weight than those relying on jabs alone. ✨ Voy offers a personalised, medically guided plan combining prescription support with coaching and digital habit-building tools. Learn more and check your eligibility here. Natalie Dixon is NationalWorld's Lifestyle reporter . If you liked this article and want to read more about fashion, beauty and lifestyle you can follow Natalie Dixon on X here . You can also Get the best style and fashion news with Natalie Dixon in Tuesday's NationalWorld newsletter - sign up now
Yahoo
3 days ago
- Business
- Yahoo
1 Mid-Cap Stock with Solid Fundamentals and 2 to Question
Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities. However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo. These dynamics can rattle even the most seasoned professionals, which is why we started StockStory - to help you separate the good companies from the bad. That said, here is one mid-cap stock with massive growth potential and two that may have trouble. Market Cap: $24.7 billion Named after its founder, who was an entrepreneurial woman from New York with a passion for skincare, Estée Lauder (NYSE:EL) is a one-stop beauty shop with products in skincare, fragrance, makeup, sun protection, and men's grooming. Why Do We Pass on EL? Organic sales performance over the past two years indicates the company may need to make strategic adjustments or rely on M&A to catalyze faster growth Overall productivity fell over the last year as its plummeting sales were accompanied by a decline in its operating margin Sales were less profitable over the last three years as its earnings per share fell by 35.3% annually, worse than its revenue declines Estée Lauder's stock price of $68.60 implies a valuation ratio of 31.5x forward P/E. To fully understand why you should be careful with EL, check out our full research report (it's free). Market Cap: $14.15 billion Founded in 1926, Graco (NYSE:GGG) is an industrial company specializing in the development and manufacturing of fluid-handling systems and products. Why Do We Think Twice About GGG? Flat sales over the last two years suggest it must find different ways to grow during this cycle Flat earnings per share over the last two years underperformed the sector average Eroding returns on capital suggest its historical profit centers are aging Graco is trading at $84.67 per share, or 28x forward P/E. Check out our free in-depth research report to learn more about why GGG doesn't pass our bar. Market Cap: $21.02 billion Created with the idea of virtually replacing paper catalogues, Pinterest (NYSE: PINS) is an online image and social discovery platform. Why Could PINS Be a Winner? Has the opportunity to boost monetization through new features and premium offerings as its monthly active users have grown by 10.4% annually over the last two years Healthy EBITDA margin of 27% shows it's a well-run company with efficient processes PINS is a free cash flow machine with the flexibility to invest in growth initiatives or return capital to shareholders At $30.98 per share, Pinterest trades at 17.1x forward EV/EBITDA. Is now a good time to buy? Find out in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free.
