The semiconductor industry has seen tremendous growth and profitability in recent years, attracting many investors looking to capitalize on this trend. However, as with any investment, there are inherent risks that come with investing in this sector. Recently, there have been signs of potential profit taking in key semiconductor stocks such as Nvidia (NVDA), signaling
UBS recently unveiled a list of its top energy picks for the remainder of the year, featuring a mix of established players and emerging stars in the sector. This article will dive into the details of the firm’s recommendations and explore the reasons behind their confidence in these particular stocks. NextEra Energy and First Solar
Maryland’s credit rating outlook has recently been changed to negative by Moody’s, citing concerns over the depletion of the state’s general fund surplus. This downgrade comes despite the state’s issuer and general obligation bond ratings remaining at Aaa. The looming structural imbalances and planned depletion of reserves are highlighted as key areas of concern that
The rivalry between oil giants Exxon Mobil and Chevron over lucrative offshore oil assets in Guyana has been a key focal point for investors. Kevin Holt, a senior portfolio manager at the Invesco Energy Fund, believes that the outcome of this feud could significantly impact the performance of both stocks in the coming year. While
Oregon economists have recently predicted a 50-50 chance that the state’s residents will receive a kicker tax credit in 2026 due to slow and steady revenue growth. This prediction is based on a trigger mechanism that returns money to taxpayers every two years through a kicker rebate if personal income taxes exceed initial forecasts by
The Food and Drug Administration recently approved Moderna’s vaccine for respiratory syncytial virus (RSV) for adults ages 60 and above. This marks a significant milestone for Moderna as it seeks to diversify its product portfolio beyond its Covid jab. The approval is based on a late-stage trial that demonstrated the vaccine’s efficacy in older adults,
In May, issuance volume surpassed $40 billion for the month, which was the first time since 2016. The volume totaled $43.957 billion in 866 issues, showing a significant increase of 46.9% from the previous year. This boost in issuance is attributed to several factors such as the uncertainty surrounding Fed policy, pent-up capital needs, and
SimpleSwap, an instant crypto exchange based in George Town, Cayman Islands, has recently announced the launch of their new Trading Contest. This contest offers participants the chance to compete for a share of a $12,000 prize pool by swapping cryptocurrencies. One of the key highlights of this event is the wide selection of coins available
The U.S. dollar saw a slight increase in early European trade, following a period of losses, particularly after the reported 1.3% annualized growth rate of the U.S. economy in the first quarter. This led to speculation in the market regarding future interest rate adjustments, with a 55% chance of rate cuts in September according to
When Paul Lester decided to elevate the experience of selling luxury real estate in Los Angeles, he came up with a unique approach. By hosting a Beverly Hills property viewing that doubled as an art opening, he not only sold individual artworks but also closed the deal on the property itself at a premium price.