Latest news with #MTG
Yahoo
7 days ago
- Business
- Yahoo
Marjorie Taylor Greene Shocked by AI Rule in Budget Bill She Voted for
On Tuesday, Representative Marjorie Taylor Greene confessed that she had not read all of Republicans' One Big Beautiful Bill Act before voting for it. She also noted there was a provision on AI she wouldve voted against if she had taken the time to actually look at the piece of major legislation she's spent weeks pushing. 'Full transparency, I did not know about this section on pages 278-279 of the OBBB that strips states of the right to make laws or regulate AI for 10 years. I am adamantly OPPOSED to this and it is a violation of state rights and I would have voted NO if I had known this was in there,' the Georgia representative wrote on X. 'We have no idea what AI will be capable of in the next 10 years and giving it free rein and tying states hands is potentially dangerous. This needs to be stripped out in the Senate.' The provision states that: No state or political subdivision thereof may enforce, during the 10-year period beginning on the date of the enactment of this Act, any law or regulation … limiting, restricting, or otherwise regulating artificial intelligence models, artificial intelligence systems, or automated decision systems entered into interstate commerce. 'When the OBBB comes back to the House for approval after Senate changes, I will not vote for it with this in it. We should be reducing federal power and preserving state power. Not the other way around,' Taylor Greene continued. 'Especially with rapidly developing AI that even the experts warn they have no idea what it may be capable of.' Taylor Greene's post underscores both a competence issue on her end and the greater lack of Republican cohesion on the details of this One Big Beautiful Bill Act. While MTG threatens to recast her future vote, the Senate's more traditional fiscal conservatives like Rand Paul, Ron Johnson, and Susan Collins look to hem it in over cuts to Medicaid and a sharp deficit increase.
Yahoo
30-05-2025
- Business
- Yahoo
Why Is MGIC (MTG) Up 4.8% Since Last Earnings Report?
It has been about a month since the last earnings report for MGIC Investment (MTG). Shares have added about 4.8% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is MGIC due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. It turns out, fresh estimates have trended upward during the past month. At this time, MGIC has an average Growth Score of C, a grade with the same score on the momentum front. Charting a somewhat similar path, the stock was allocated a grade of B on the value side, putting it in the top 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise MGIC has a Zacks Rank #1 (Strong Buy). We expect an above average return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MGIC Investment Corporation (MTG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
27-05-2025
- Business
- Yahoo
MGIC (MTG) Upgraded to Strong Buy: Here's Why
Investors might want to bet on MGIC Investment (MTG), as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time. Therefore, the Zacks rating upgrade for MGIC basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock. Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for MGIC imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher. Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>. This mortgage insurance company is expected to earn $2.90 per share for the fiscal year ending December 2025, which represents a year-over-year change of -0.3%. Analysts have been steadily raising their estimates for MGIC. Over the past three months, the Zacks Consensus Estimate for the company has increased 7.1%. Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term. You can learn more about the Zacks Rank here >>> The upgrade of MGIC to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MGIC Investment Corporation (MTG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
NZ Herald
23-05-2025
- Entertainment
- NZ Herald
Art of the Outfit showcases clothing's rich tapestry: Laura Vodanovich
Laura Vodanovich is the MTG's director Last night we opened our latest exhibition Art of the Outfit, which pulls together prints, paintings, sketches and more from the Hawke's Bay Museums Trust collection – all with the common theme of showing different styles of clothing. Textiles often do not survive
Hindustan Times
17-05-2025
- Entertainment
- Hindustan Times
Santino Casio: Megan Thee Stallion fans donating to Tory Lanez stabbing suspect?
Tory Lanez was stabbed 14 times in his back, torso, head, and face in prison earlier this week. Lanez suffered two collapsed lungs and had to be put on a breathing assist. Lanez's team has confirmed that he is doing much better now, and recovery is still underway. Meanwhile, social media users began highlighting a recent case that Megan Thee Stallion fans reportedly began sending money in favor of Tory Lanez' stabber, who has been identified as a man named Santino Casio. Casio is also lodged in the same prison as of Lanez, and the man has a history of assault while serving time here. Lanez is serving a 10-year sentence in prison for shooting MTG in the foot back in the year 2020. One MTG fan reportedly decided to set up a GoFundMe account for Casio, while others began donating wholeheartedly. This came to light via multiple social media posts. ALSO READ | Who is Maurene Comey? James Comey's daughter's DOJ position questioned after his '86 47' Instagram post An Instagram post by No Jumper reads, '#MeganTheeStallion fans are donating money to the inmate accused of st-bbing #ToryLanez fourteen times 'for his service.' #SantinoCasio is currently in prison for the m-rder of his 13-year-old 'girlfriend' who he sh-t in the face with a sh-tg-n in 2002. Santino was 20 at the time of the incident.' These are unverified claims and Hindustan Times cannot confirm at the moment if a fundraiser was set for Casio A post shared by No Jumper 🏀 (@nojumper) Lanez's attorney Jose Baez has confirmed to TMZ recently that the performer is currently in good spirits and is recovering steadily. "He's in good spirits. He is recovering. He is a strong young man. He's expected to make a recovery," Baez was quoted as saying. According to Lanez's team, has has been moved from the Bakersfield, California area medical facility he was taken to, following the stabbing incident. He's now stabilized and can now talk and breathe on his own without medical assistance.
