The article from CNBC TV’s Stocks @ Night discusses the performance of tech giant Broadcom and its position as the third biggest component in the VanEck Semiconductor ETF. It highlights the stock’s upward trend of 16% in the past three months and its 38% increase in 2024. While these numbers suggest a positive outlook, it
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In recent weeks, the mortgage market has seen a significant shift towards refinancing, with interest rates declining for the fifth consecutive week. According to the Mortgage Bankers Association, total mortgage application volume increased by just 1.6% last week compared to the previous week. The average contract interest rate for 30-year fixed-rate mortgages also saw a
A recent asset allocation report from the network of ultra-high-net-worth investors and entrepreneurs, Tiger 21, has shed light on some surprising insights. More than half of Tiger 21’s members have chosen not to invest in chip darling Nvidia. The report revealed that a staggering 57% of members have steered clear of investing in Nvidia. One
Many younger retirees in America rely on Marketplace health insurance, especially since they are not eligible for Medicare before the age of 65. In light of this, boosted tax breaks have been offered to reduce monthly premiums until the end of 2025. This has resulted in an increase in the number of Americans aged 55
CrowdStrike, a cybersecurity software maker, recently experienced a significant setback as its shares slipped by 4% in extended trading following the announcement of its fiscal second-quarter results. Although the company reported impressive numbers, including earnings per share of $1.04 adjusted versus 97 cents expected and revenue of $963.9 million compared to $959 million expected, CrowdStrike
Steph Curry, a legendary NBA player with four championships under his belt, is already looking towards the future beyond his playing career. During an interview on CNBC’s “Squawk on the Street,” Curry discussed his plans for life after basketball, including his thriving businesses and aspirations for NBA team ownership. At 36 years old, Curry has
Zilch, a British financial technology firm, achieved a major milestone by reporting its first-ever month of profit. The company, which operates in the buy now, pay later space alongside competitors like Klarna and Block, managed to reach profitability within four years of its founding. This accomplishment is particularly noteworthy considering that other major consumer fintechs
Hangzhou, the capital of the eastern Zhejiang province, has emerged as a frontrunner in China’s tech industry, being home to tech giants like Alibaba. This year, Hangzhou secured the top spot in the Milken Institute’s best performing cities China index. The city’s success can be attributed to its growth as a hub for e-commerce, manufacturing,
Sports team owners are not only faced with the pressure of managing their teams but also with the challenges of planning for the future in terms of succession and taxes. As the average age of team owners increases and team values reach astronomical levels, owners are grappling with the question of how to ensure a
In recent market activity, Nvidia experienced a significant decline in market value, losing $279 billion in just one day. This drastic drop marks the fifth time that Nvidia has seen such a substantial loss, with a 9.5% decrease in stock price. While the stock has shown resilience, being up 118% in 2024, the recent antitrust