Investing.com– Chinese stocks marked stellar gains over the past three weeks, racing to two-year highs amid optimism over more stimulus from Beijing, although the rally now appeared to be cooling. UBS analysts said that while Chinese stocks were not as cheap as they were a month ago, there was still more value to be gained, and that they maintained their arguments for an Overweight rating on local stocks. China’s and indexes were trading up between 16% and 20% since late-September, and had briefly hit two-year highs earlier in October. While the rally appeared to have fizzled out in recent sessions,…
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Image source: Getty Images Warren Buffett‘s closely followed as a stock picker by the investing community. They’re always eager to read the latest regulatory filings of his investment firm, Berkshire Hathaway, to discover what the ‘Oracle of Omaha’ and his team have been up to. After all, he’s been beating the market since the 1960s. Given all his long-term successes, should I be investing in the same companies as Buffett? And are his largest positions no-brainer buys for my portfolio? Should I buy Apple shares? Currently, the largest position in the Berkshire portfolio is Apple (NASDAQ:AAPL), home to around a…
Even as the inclusion of sustainability targets in investment portfolios grows in popularity, the challenge of balancing this approach continues to perplex investors. But a Financial Analysts Journal study, “Bonds with Benefits: Impact Investing in Corporate Debt,” may offer encouragement. It finds that sustainability-oriented investors can meet their goals with corporate debt strategies and that profit-oriented factor investors can achieve a portfolio with a certain sustainability level at a low cost. I spoke with Desislava Vladimirova, who coauthored the study with Jieyan Fang-Klingler, for insights on the authors’ findings and to produce an In Practice summary of the study, which can…
Chip Somodevilla/Getty ImagesA sell-off in semiconductors pulled stock indexes away from record highs.The rout was led by Dutch chip firm ASML, which shed 17% on Tuesday.The decline overshadowed better-than-expected bank earnings results.A drop in chipmaker shares on Tuesday hit pause on the latest rally, yanking indexes from the record highs achieved in the previous session.The tech-heavy Nasdaq dropped 1% as Tuesday’s session delivered a double-whammy to the semiconductor industry.Europe’s largest tech firm, ASML, set off sector-wide gloom when it posted disappointing earnings and slashed 2025 guidance. Shares of the Dutch chip machine maker plunged 16%.Meanwhile, a report that the US…
Investing.com– Bitcoin’s price rose on Wednesday, steadying near a 2-½ month high on hopes that the 2024 U.S. elections will yield friendlier regulations, while improving capital inflows also boosted prices. The world’s biggest cryptocurrency appeared to have broken out of a $50,000 to $65,000 trading range seen through most of the year, and was now about $7000 away from making new record highs. Sentiment was also boosted earlier this week by defunct exchange Mt Gox extending its timeline for returning stolen tokens to creditors. rose 2.3% to $67,099.1 by 01:22 ET (05:22 GMT). Bitcoin buoyed by US regulatory hopes Sentiment…
The CEO of the United Arab Emirates’ premier AI firm stressed that the Gulf country is a reliable partner to the U.S. when it comes to keeping sensitive technology safe, as Washington reportedly mulls curbs on chip sales to certain countries — particularly those in the Middle East.The UAE has shown it can “guarantee the safety and the security” of chips “if and when they are being deployed and used here,” Peng Xiao, CEO of UAE AI firm G42, told CNBC at a conference in Dubai on Tuesday.His comments come as the administration of President Joe Biden continues to weigh…
As members of the Santa Barbara County Taxpayers Association, we advocate for responsible governance and the wise allocation of taxpayer dollars. In the spirit of fostering a vibrant community, we strongly support Measure M aimed at upgrading our local Lompoc schools—a critical investment in the future of our students and, by extension, our community.The Lompoc Unified School District Board of Education’s proposal is not merely about brick and mortar; it resonates deeply with our values of safety, opportunity, and excellence. The reality is stark: the state does not provide sufficient funding for essential facility improvements. As a result, our school facilities…
Investing.com– Gold prices steadied close to record highs in Asian trade on Wednesday, recouping some recent losses as traders maintained bets that the Federal Reserve will cut interest rates further. The yellow metal had hit record highs in September, but has since remained rangebound in the low-to-mid $2,600 an ounce range as traders priced in a slower pace of rate cuts by the Fed. The dollar hit two-month highs on this notion, pressuring metal markets. But markets maintained bets that U.S. rates will still come down gradually, presenting more upside for metals and other non-yielding assets. This kept gold close…
Carbon Offset or Carbon Credit Trading Service Market exploration report for 2024-2032 offers an in-depth analysis of the key driving factors influencing the market, including revenue flows, segment-wise data, region-specific insights, and country-level information. This comprehensive study highlights critical trends, stakeholders such as investors, CEOs, dealers, suppliers, and more, while offering insights into strengths, weaknesses, opportunities, and threats (SWOT) analysis for organizations. These insights will aid market players in developing future strategies and establishing a robust position in the global Carbon Offset or Carbon Credit Trading Service market. Moreover, the report delves into geographical areas, providing a competitive outlook that…
In recent transactions reported by IonQ, Inc. (NYSE:IONQ), Rima Alameddine, the company’s Chief Revenue Officer, sold a total of 9,875 shares of common stock. These sales occurred on October 11 and October 14, 2024, at a consistent price of $10.72 per share, resulting in a total transaction value of $105,860. Following these sales, Alameddine now holds 648,783 shares of IonQ. The transactions were executed under a pre-established Rule 10b5-1 trading plan, which was adopted on March 7, 2024. This plan allows insiders to set up a predetermined schedule for selling stocks to avoid any potential accusations of insider trading. In…