Yahoo Finance Nvidia Is Surging. Why That’s a Problem for a Tech ETF.
The IRS has rules about concentration levels in funds. As the Tech Select Sector SPDR rebalances, one of the big three—Apple, Microsoft, or Nvidia—could get demoted.
The IRS has rules about concentration levels in funds. As the Tech Select Sector SPDR rebalances, one of the big three—Apple, Microsoft, or Nvidia—could get demoted.
Australia is "straying from the narrow path", so could that spell a recession?
Finance expert Ben Nash details how to avoid tax and build your retirement nest egg with these super tricks.
"The poor are most definitely not poor because the rich are rich."
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Aussies are using less and less cash with the drop recorded across ages, incomes and locations.
The yuan is facing its highest level of capital outflow in eight years, according to new research, and data suggest a wave of offshore yuan remittances from Hong Kong to mainland China have helped offset some of the currency's looming depreciation pressures. China's trailing 12-month net capital outflows stood at US$139 billion as of May 2024, the worst year for the figure since the period from 2016 to 2017, said the French investment bank Natixis in a presentation on Tuesday. Firms are reluctan
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
The worst fears of household borrowers could soon be realised as the Reserve Bank grapples with stubbornly persistent price pressures.
We recently compiled a list of the 50 Biggest Economies in the World by the End of 2024 and in this article we will look at the country that topped our rankings. A Brief Analysis of the World Economic Outlook According to the United Nations, the global economic outlook has improved since January. The global […]
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
We recently compiled a list of the 30 Wealthiest People in Singapore and in this article, we will look at the richest person in Singapore. An Outlook of the Singaporean Economy According to the Ministry of Trade and Industry (MTI), the Singaporean economy rose at a more rapid pace than expected in Q1 2024. The GDP […]
German auto giant will collaborate with EV startup on software and electrical tech
With Nvidia up over 154% year to date, Stifel managing director and chief equity strategist Barry Bannister joins Morning Brief to give insight into Nvidia's (NVDA) recent moves and how the tech giant reminds him of Cisco's (CSCO) performance during the dot-com bubble. "What happened with Cisco (CSCO) is, and same thing happened to Microsoft (MSFT), and Amgen (AMGN) and a number of other big cap stocks, is their PE multiple was too high and they earned into it over the course of the next 15 years. So the earnings went up dramatically, as was expected. This happened with the nifty 50 stocks in the early 70s. They earned very well, but their PE multiples were too high ... those companies had these mid-30s, 40-time multiples. They earned into it over the course of a decade," Bannister explains. He outlines the similarities between the dot-com bubble and the AI sector today: "But what we have today is extreme optimism on new technology. Then it was the internet, now it's AI. Narrow markets, increasingly narrow markets with a high valuation. Equity ownership was very high. And the day traders and all that. I'm just saying that you have to have been there 25 years ago to remember that it was a very similar feeling environment today." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
The brokerage had filed claims with the NYSE to compensate it for these losses, but the exchange denied its ask, Interactive said. Outages caused by software and hardware malfunction have become common as trading moved from floors and pits to electronic systems, but glitches can roil markets and frustrate investors. Interactive said its losses stemmed from an attempt by its clients to take advantage of the massive drop in Berkshire's stock price.
The economist famously predicted the 2008 housing crash.
“If this grim forecast comes to fruition, it will likely buoy pricing” for insurance, says CFRA Research’s Catherine Seifert.
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After 7 years of working for Nvidia’s CEO Jensen Huang, the chipmaker's outgoing VP said that her boss taught her about the importance of first principles thinking, zero-billion dollar markets and speed-of-light execution.