Jim Cramer Acknowledges Apple Inc (NASDAQ:AAPL) is Facing ‘Near-Term Headwinds’
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Read MoreApple Discontinues Powerbeats Pro Ahead of Powerbeats Pro 2 Launch, Shares Rise 1.5%
CUPERTINO, Calif., Oct. 18, 2024 Five years after the release of its fitness-oriented alternative to AirPods, Apple (AAPL, Financials) has discontinued its Powerbeats Pro wireless headphones.
The action precedes the planned Powerbeats Pro 2 release, which is expected to take off anytime next year.
Read MoreNvidia Stock Hits Another Record High as AI Chip Excitement Returns
Key Takeaways
- Nvidia shares set yet another record high Thursday as concerns earlier this week about a softening in the semiconductor market was eased by TSMC’s earnings report.
- The Taiwanese supplier of chips to Nvidia, Apple, and others reported a huge jump in profit and sales on AI chip demand,
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Read MoreUS SEC grants accelerated approval to 11 Bitcoin ETFs for trading options on New York Stock Exchange
BlackRock’s ETF and 11 bitcoin ETFs have received SEC approval for options trading on the NYSE. This development allows institutional investors to manage bitcoin exposure through listed derivatives, …
Read MoreRoth vs. Traditional IRA Investments: Don't Let the Tail Wag the Dog
Slott and Levine noted that investments that have a high return and that are also tax inefficient are often best placed in the Roth, because it has tax deferral and tax-free growth.
“So, if you have inefficient investments, meaning investments that produce a lot of capital gains or interest or dividends each year,
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Read MoreThe Burst
The Ivy
Buffett Slashes Stake in Decade-Long Holding
A great investor knows when to pivot and let go of investments that once fit within their portfolios but may no longer suit their current and future goals. That may explain why Buffett cut his holding company’s position in U.S. Bancorp (USB) by more than half.
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