Of the 175 key ETFs that we track, just one made a new all-time high on Tuesday – the iShares Expanded Tech-Software Sector ETF (IGV) . This is significant for a few reasons. First, it shows that technology has continued to bounce back. This is crucial given that the tech unravel was one of the underlying reasons that the S & P 500 took sizable hits both in early August and early September. The sector will be a critical factor in whether the broader market can take advantage of the historically strong final two months of the year, as well. IGV,…
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Nvidia stock (NVDA) is aiming for a new all-time high close as investors continue to bet on the artificial intelligence boom.The stock traded flat midday Wednesday at $133. It previously hit a record closing price of $135.58 in June. Nvidia stock notched its fifth consecutive day of gains Tuesday, rising 4% to $132.89. Shares are up 12% from last week.The stock’s climb has been fueled by a barrage of good news for the AI chipmaker. Wall Street analysts this week have reiterated their Buy ratings on Nvidia shares. KeyBanc released a report estimating that Nvidia revenues from its new Blackwell…
Mansory has revealed their latest creation, a heavily modified Mercedes-AMG G 63.The tuning firm has taken the already imposing SUV and given it a dramatic overhaul, both inside and out. The Gronos and Grand Entrée versions feature aggressive body kits, including new carbon fiber air intakes, a redesigned roof lamp arrangement, and flared wheel arches. The interior is equally impressive, with luxurious materials, custom stitching, and a starlight headliner that adds a touch of opulence. The Gronos and Grand Entrée versions also boast upgraded performance. Mansory has enhanced the engine to deliver more power and torque, resulting in a thrilling…
Hill’s Hot Rods of Lubbock, Texas, has outdone itself with this stunning custom build. Partnering with Roadster Shop, they’ve created a one of a kind 1993 Chevy Tahoe featuring their inaugural SP3C chassis specifically designed for this model. The Tahoe, once known for its boxy, utilitarian design, now boasts a sleek and aggressive stance thanks to this modern chassis. This unique build is a testament to the aftermarket’s ability to transform classic vehicles into works of art. The SP3C chassis provides a solid foundation for this custom Tahoe, offering improved handling, performance, and ride quality. The chassis features a modern…
Image source: Getty Images Typically, each quarter there’s a reshuffle in the FTSE 250 and the FTSE 100. It’s something like the football leagues, in that some stocks get promoted for good performance from the FTSE 250 to the FTSE 100. Others get relegated. In the most recent review, Hiscox (LSE:HSX) received the call up to the main index. What happens now? Here’s what I think. The journey back to the top To be clear, this isn’t the first time Hiscox has been large enough to move out of the FTSE 250. Over the years, it has fluctuated between the…
For many, life’s milestones align with certain age old expectations. A car in the twenties, a family in the thirties, a home in the forties. But it’s often in the fifties or later that we indulge in the truly extravagant. Take Thunderbike’s custom Fat Boy, for instance. Dubbed “The Finish Line,” this motorcycle is more than just a machine; it’s a metaphor for a life well lived. Built for an anonymous client, it represents the pinnacle of the German shop’s custom offerings. While the stock Fat Boy is a solid choice for many riders, some desire a more aggressive, stylish,…
By Moira Warburton WASHINGTON (Reuters) – As U.S. officials struggle to push back against disinformation about natural disasters hitting the country, a Republican lawmaker from a hard-hit district condemned conspiracy theories repeated by fellow Republicans in Congress. Representative Chuck Edwards, who represents a North Carolina district hit hard by flooding caused by Hurricane Helene in late September, called out the “outrageous rumors” spread by “untrustworthy sources trying to spark chaos.” The flooding decimated much of North Carolina’s inland west, an unexpected outcome in a state which is used to dealing with hurricanes along its Atlantic coast. Over 80,000 homes and…
A safety recall has been issued for a small number of 2023-2024 Chevrolet Colorado and GMC Canyon trucks due to a faulty front seatbelt buckle assembly. The supplier, Lear Corporation, is responsible for the issue, as the seatbelt attachment bolt may not have been tightened to the correct specifications. This could increase the risk of injury in a crash. Owners may notice a rattling sound when buckling up. While there have been five complaints, no injuries have been reported. The recall was initiated after a customer reported a loose buckle in a 2023 Colorado. General Motors is urging owners of…
Public pension funds allocate on average 30% of their assets to expensive alternative investments and as a result have underperformed passive index benchmarks by 1.2% per year since the Global Financial Crisis of 2008 (GFC). Large endowments, which allocate twice as much on average to alternatives, underperformed passive index benchmarks by 2.2% per year since the GFC. These unfortunate results typically get little attention because the overseers of public pension funds and endowments often use performance benchmarks of their own devising that give an unduly favorable impression of performance. They should use passively investable benchmarks that reflect the funds’ average…
Image source: Getty Images I’m on the looking for the best high dividend yield shares to buy in October. More specifically, I’m seeking companies whose yields sail above the Footsie‘s 3.6% forward average. Here are three of my favourites from the FTSE 100 and FTSE 250 indexes. Urban Logistics REIT Property stocks can be a great way to generate long-term passive income. They often have tenants locked down on long-term contracts, which — excluding some corporate catastrophe — means they enjoy a steady stream of income they can then distribute to shareholders. Real estate investment trusts (REITs) can be especially…