The Daily
Nvidia's investments in these AI companies sent their stocks soaring
Investors can’t get enough of Nvidia (NVDA). Now, the company is spreading that love to other stocks.
On Wednesday night, an SEC filing revealed the chipmaking giant held investments in the stocks Arm Holdings (ARM), SoundHound AI (SOUN), and biotech company Recursion Pharmaceuticals (RXRX) as of Dec.
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George Zhu, CEO of financial advisory firm Zeus Investments answers sustainable investing questions
George Zhu, CEO for South Korean finance company, Zeus Investments recently attended an interview with a local online finance magazine.
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The interview covers questions about his role as CEO at Zeus, the finance industry as a whole and more specifically on what is driving the current sustainable “green” investing craze.
Crypto for Advisors: Impact of the Spot Bitcoin ETFs for Portfolios
We’ve passed the one-month mark since the spot bitcoin ETF approvals in the US, and now we have real-world data to review. In less than a month, the spot ETFs are boasting $10 billion of AUM, with inflows reaching one billion in one day alone. For context, the spot ETFs must acquire and hold the underlying asset,
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Social Security Recipients: Should You File Taxes This Year?
Tax season has been underway for over two weeks now. If you’re a Social Security beneficiary wondering whether you should file a tax return this year, we’ll help you find out.
Your age, marital status and how much income you earn outside of Social Security benefits all have an impact on whether you need to submit a tax return to the IRS.
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Nasdaq Index, Dow Jones, S&P 500 News: Tech Sector Struggling, Consumer Goods Facing Challenges
Market Trends and Economic Insights
U.S. stock indexes are currently experiencing a mixed trade, as investors are actively evaluating a slew of economic reports. The focus is on balancing the implications of recent high U.S. consumer inflation against weaker retail sales data, in the context of the Federal Reserve’s likely interest rate changes.
US STOCKS-S&P 500, Dow climb as retail sales data cheers
The S&P 500 and the Dow gained on Thursday as investors cheered a higher-than-expected fall in retail sales data and looked ahead for clues on when the U.S. Federal Reserve would deliver its first interest-rate cut this year. A Commerce Department report showed U.S. retail sales dropped 0.8% in January, weighed by declines in receipts at auto dealerships and gasoline service stations.
» Read more about: US STOCKS-S&P 500, Dow climb as retail sales data cheers »
Stock market today: Stocks drift, and yields ease after weak report on retail sales
NEW YORK (AP) — U.S. stocks are drifting Thursday following mixed reports on the economy, as this week’s big swings on Wall Street calm a bit.
The S&P 500 was 0.1% higher in morning trading, coming off a 1% jump that followed a 1.4% tumble. The Dow Jones Industrial Average was up 158 points,
Mozambique's tourism sector attracts more investments
MAPUTO, Feb. 15 (Xinhua) — Mozambique recorded investments of around 7.3 billion U.S. dollars in tourism throughout 2023, which corresponds to over 42 percent of the investment projects in the country, Mozambique’s state news agency AIM reported Thursday.
According to the report, the statistics were revealed by President Filipe Nyusi while speaking at the inauguration ceremony of the Ponta Mbembene Lodge,
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How Fullerton-based clothing brand Learn to Forget embodies Southern California counterculture
Reilly Herrera’s spirit of rebellion manifested long before his days spent in the counterculture skating, graffiti, and punk rock scenes of Orange County and Los Angeles.
“One of the first times I got in trouble at school was drawing on a lunch bench when I was already in trouble,” Herrera said with a laugh during a recent phone interview.