Chip stocks experienced a tumultuous start to September, as concerns over U.S. economic growth and a loss of momentum in artificial intelligence favorite Nvidia led to their worst stretch in over four years. The VanEck Semiconductor ETF (SMH) plummeted by 11.7% in the Labor Day-shortened, four-day trading week, marking its most significant decline since March
Opportunities
As the National Football League (NFL) season ramps up, automakers are making a comeback in advertising during games, showcasing their vehicles to a wide audience. Giants in the automotive industry such as Toyota Motor Corporation, Hyundai Motor Company, and the Detroit automakers are among those expected to take advantage of the NFL platform to promote
Investors looking for ways to secure long-term income may find a potential solution in an overlooked segment of the municipal bond market. Municipal bonds, issued by state and local governments, offer investors a unique opportunity to diversify their portfolios and benefit from tax-exempt returns. While these bonds typically yield lower than corporate bonds of similar
When Jerry Jones purchased the Dallas Cowboys in 1989, he took over a team that was struggling financially, losing $1 million a month. Despite the empty seats and suites at Texas Stadium, Jones saw an opportunity to turn the franchise around. Fast forward 35 years, and the Cowboys are now valued at an astonishing $11
Since the passage of the Inflation Reduction Act (IRA) just over two years ago, states have only captured an average of 7% of the potential funding opportunities provided by the Biden administration’s climate legislation. This low utilization rate of tax credits, which are the primary source of federal support under the IRA, is attributed to
When it comes to investing, many individuals are constantly on the lookout for opportunities that can provide them with a combination of solid yield and potential for upside capital gains. In the current financial landscape, with the Federal Reserve expected to implement an interest rate cut, the quest for high-yield investment options becomes even more
As the 36-year-old NBA standout Steph Curry starts to contemplate his future beyond his playing days, he is already looking into various ventures to keep himself busy. Not content with merely being a basketball legend, Curry has started to lay the groundwork for a transition into the world of business and team ownership. Curry’s media
As football season kicks off, the anticipation for record-breaking betting numbers is high. Projections estimate that U.S. adults will wager a staggering $35 billion this NFL season, showcasing a significant increase from last year’s $26.7 billion. With the legalization of sports betting in 38 states and Washington, D.C., the industry is thriving. States like Maine,
Manhattan, New York, is well-known for its exorbitantly high real estate prices. The median price per square foot in Manhattan is a staggering $1,500, making it one of the most expensive places to live globally. The cost of purchasing a modest 500-square-foot condo in New York City can reach up to $750,000, as reported by
Investing trends among ultra-high-net-worth individuals are constantly shifting, as evidenced by Tiger 21’s asset allocation report. Surprisingly, more than half of Tiger 21’s members have chosen not to invest in Nvidia, despite its status as a chip darling in the AI space. With over $165 billion in personal assets collectively, these members have opted to