Nvidia Leads Chips Stocks Higher on Optimism About New Partnerships, Trade Deals
Shares of Nvidia (NVDA) and other semiconductor stocks surged Tuesday amid optimism about new partnerships and trade deals.
Nvidia’s stock jumped over 6% in recent trading, and Advanced Micro Devices (AMD) shares were up 4% after the companies said they would supply semiconductors to Saudi Arabian AI startup Humain,
Read MoreNvidia gains 5.6% on AI chip deal with Saudi Arabia, CEO Jensen Huang's net worth surges to $120 billion — details
Shares of artificial intelligence chipmaker Nvidia soared 5.6 per cent on May 13 on news that it would deliver at least 18,000 chips to Saudi Arabia, under a new deal secured by United States President Donald Trump, according to a Reuters report.
The stock rise nudged Nvidia’s market value to $3 trillion and pushed founder-CEO Jensen Huang’s net worth close to $120 billion,
3 Top Tech Stocks That Could Make You a Millionaire
Technology stocks can be a wild ride for investors. Last month, the Nasdaq Composite (NASDAQINDEX: ^IXIC) plummeted after the announcement of sweeping import tariffs and entered a bear market.
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Read MoreAll 12 Bitcoin ETFs See Red as Market Shrugs Off $96 Million Exit | ETF News
On Tuesday, Bitcoin Spot ETFs recorded a collective net outflow of $96.14 million, with no net inflows reported across the twelve listed funds.
This was attributed to a mild pullback in overall market activity, which pushed BTC’s price to an intraday low of $101,429.
Bitcoin ETFs Record $96 Million in Daily Outflows
On Tuesday,
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Read MoreGifting mutual funds: How does it work and how can you transmit them to legal heirs
Gifting mutual fund (MF) units to your loved ones is a great way of showing your affection. But gifting MFs does not work like other assets such as land, buildings, jewellery and cash. You have to follow clearly laid down procedures specified by the regulators. Here is a guide on how MFs can be gifted and the tax implications for the donor and the receiver.
The Burst
1,432 Reasons to Buy This Healthcare Cloud Stock
Veeva Systems (NYSE:VEEV), a software solutions provider for the life sciences industry, has seen some weakness amid the slowdown in cloud market demand as organizations cope with macro woes.
While the company saw its shares slumping by around 32% over the past three years,
» Read more about: 1,432 Reasons to Buy This Healthcare Cloud Stock »
Read MoreThe Ivy
Beware: 1 Major Hit To Your Portfolio If You Sell Now?
Have you ever wondered how much short-term versus long-term taxes actually affect your net worth and portfolio over time?
Let’s imagine a $100,000 portfolio goes up 20% annually and is taxed at the end of the year at 33% due to short-term capital gains. What would the portfolio grow to after 10 years?
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Read MoreThe Spotlight
Spotlight: Turn $15k Into $1,000 Every Year
When we first spotlighted Verizon, it had a yield that approached 8% but after its recent move higher, it still offers a handsome yield of over 6.4%.
That’s more than enough to turn a $15,000 investment into an annual payout of $1,000+, assuming the dividend stays in place, but will it?
Here’s what you need to know about Verizon and its potential to pay a steady income stream for the foreseeable future.
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