Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems
NEW YORK — Nvidia is replacing Intel on the Dow Jones Industrial Average,
Striking Boeing machinists are set to vote Monday on a new agreement that could bring an over 7-week-long strike to its end.
The International Association of Machinists (IAM), which represents the roughly 33,000 machinists, announced earlier this week its endorsement for the tentative contract.
» Read more about: Boeing offers new deal to end 7-week strike: What to know »
You should aim for a diversified portfolio, but instead of going as broadly as possible, it pays to use certain index ETFs to focus your investment.
You don’t need to have years of experience to invest in stocks. That’s both a blessing (anyone can do it) and a curse (the risk is usually higher if you’re not sure what you’re doing).
The National Hurricane Center is now tracking Invest 97-L and forecasting a strong chance of development into a tropical depression sometime this week.The NHC said the area of low pressure and showers off the coast of Nicaragua is expected to gradually develop and likely form into a tropical depression. Invest 97-L is expected to move in a northwesterly fashion over the Caribbean Sea.Areas of heavy rain and storms are possible for Jamaica,
» Read more about: National Hurricane Center now tracking Invest 97-L in Caribbean »
After being on the Dow Jones Industrial Average for 25 years, Intel is being replaced by tech rival NVIDIA. The news of Intel being removed from the Dow comes in the same week the tech bellwether reported a $16.6 billion dollar loss in the third quarter of 2024.
In a press release,
» Read more about: Tech Shake-Up: NVIDIA Supplants Intel In The Dow Jones Industrial Average »
Investing
Are you a yield hound?
It’s becoming more challenging to find quality investments with high yields. In the past year, 5-year U.S. Treasury note yield has dropped by one percentage point to 3.85%.
The government of Florida already owns $800 million worth of crypto-related investments and could soon hold more, according to Jimmy Patronis, the state’s chief financial officer (CFO).
Patronis says in a new interview with CNBC that he “would not be shocked” to see that number grow if former President Donald Trump wins the presidential election next week.
As Lionel Messi navigates the closing chapters of his illustrious career, the world is abuzz with questions about his next steps. The 37-year-old, who continues to lead Major League Soccer in goal contributions with Inter Miami, has shed some light on his post-retirement ambitions. Speaking recently with journalist Fabrizio Romano, Messi shared his thoughts on remaining involved in soccer and his plans after hanging up his boots.
» Read more about: Messi reveals post-retirement plans: Why coaching isn’t in his future »
Normal folks rejoiced when the Federal Reserve lowered the only interest rate it controls, Fed Funds, by a surprise 50 basis points. However, since then, the rate on 10-year bonds has increased 70 basis points. Focusing on the positive, Almost Daily Grant’s (ADG) reports “An outbreak of optimism has taken hold across the land,
» Read more about: Consumers Upbeat, Bankruptcies and Foreclosures Increase »
Pixelmator said in a blog post: “Today we have some important news to share: the Pixelmator Team plans to join Apple (AAPL). We’ve been inspired by Apple since day one, crafting our products with the same razor-sharp focus on design,
» Read more about: Pixelmator announces agreement to be acquired by Apple »