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Stock Market

Nvidia stock soars on AI boom, surpasses Microsoft in value

Nvidia CEO sells 100,000 shares of company stockJensen Huang sold 100,000 Nvidia shares between June 20 and 23, bringing in nearly $15 million at an average price of $144.04 per share.CheddarNvidia's NVDA.O stock hit a record high on Wednesday, and the chipmaker reclaimed the crown as the world's most valuable company after an analyst said the chipmaker was set to ride a "Golden Wave" of artificial intelligence.Shares of the Santa Clara, California-based company rose over 4% to a record high of $154.10. The rise sent Nvidia's stock market value to $3.76 trillion,...
Stock Market

Can investing $10K in Nvidia stock make you a millionaire?

Jennifer Saibil  |  The Motley FoolNvidia CEO sells 100,000 shares of company stockJensen Huang sold 100,000 Nvidia shares between June 20 and 23, bringing in nearly $15 million at an average price of $144.04 per share.CheddarNvidia (NASDAQ: NVDA) stock has lost some of its momentum this year after gaining 1,400% over the past five years. It's lost some investor confidence for a number of reasons, including fears that new artificial intelligence (AI) models won't need its powerful chips and regulations that limit what the company can ship to China.But many...
Upcoming Investments

A Charleston real estate firm is investing in Pawleys Island

PAWLEYS ISLAND — A Charleston real estate investment and development firm has made its first purchase in the Grand Strand area.Stono Group, in partnership with the Maryland-based real estate investment firm Matan Companies, bought an industrial warehouse at 312 Commerce Drive in Pawleys Island with the goal of updating and leasing the 1.2-acre property. It includes a 13,000-square-foot warehouse split into three units.Kevin Hann, managing partner of Stono Group, said his firm was drawn to the Grand Strand area because of its growing population. The fact that they were able to acquire...
UK Property

Exploding vape sets fire to four UK homes, hospitalises three

An exploding vape has caused a major blaze in an English town this weekend, setting fire to four houses and hospitalising three people.Eight fire engines were deployed to the Gainsborough, Lincolnshire property on Friday afternoon after a house fire had spread to neighbouring properties.Fire officials said three of the homes had been left uninhabitable due to fire damage.Camera IconThe Grey St fire was caused by an exploding vape. Credit: BBC“(The fire had) gone through the roof spaces, unfortunately, so there is quite significant damage to those three houses,” Lincolnshire Fire...
USA Property

Gov. DeSantis’ property tax cut push in Florida fails but will be back

The problem: Reducing or getting rid of property taxes would eliminate dollars local governments rely on for needed services.How well will the Florida Legislature work with Gov. Ron DeSantis?FLORIDA TODAY's John Torres discusses the 2025 legislative session with reporters James Call and John Kennedy in this excerpt fro the Florida Pulse.Florida lawmakers excluded property tax cuts from the recently approved state budget and tax package.House and Senate leaders plan to study the potential impact of property tax reductions on local governments before considering further action.While a potential property tax cut...
Currencies

Asia-Pacific markets mostly decline as U.S. bombing of Iran escalates Middle East crisis – NBC Connecticut

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets mostly declined Monday, after the United States' attack on three nuclear sites in Iran raised oil prices and investors' fears of an escalation in the Middle East conflict. Oil prices fell in late Asian hours, reversing course from gains earlier in the day. Brent Crude was trading at $76.75 per barrel after falling 0.32% as of 4.23 p.m. Singapore time, while the West Texas Intermediate crude lost 0.33% to $73.6. Japan's benchmark Nikkei 225 ended the day 0.13% lower at 38,354.09, while the...
Currencies

US Dollar Now Effectively Replaced As World’s Reserve Currency by This Asset, According to Black Swan Author Nassim Taleb

Economist and best-selling author Nassim Taleb says a single asset has overtaken the US dollar’s position as the world’s de facto reserve currency. In a new interview with Bloomberg, the Black Swan author says that the US dollar has lost its status as a reliable safe-haven asset, noting that people prefer to invest in the stock market rather than hold a currency that declines in value over time. He also says that America’s sweeping sanctions against Russia for its invasion of Ukraine marked the beginning of the end of the...
Stock Market

Where to park cash if you’re worried about the stock market

Kate Ashford  |  NerdWalletThe investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.In recent weeks, 44% of Americans in households making $125,000 or more say they’ve put more cash aside to cover future expenses. That’s according to the Conference Board’s May Consumer Confidence report.But are they investing it?“Keeping money in cash forever isn’t a plan,” says Rebecca Palmer, a certified financial planner in Washington, D.C., and...
Upcoming Investments

Liberia: Major Trade, Investment Confab Begins Today

The Ministry of Foreign Affairs, in collaboration with the National Investment Commission (NIC) and the Liberia Chamber of Commerce (LCC), has announced an upcoming Trade and Investment Conference under the theme "Bridge to Prosperity." Scheduled to take place today, Tuesday, June 17 to 21, 2025 in Monrovia, the five-day event will bring together a delegation of prominent U.S. investors and business leaders to explore trade and investment opportunities across Liberia's key economic sectors. This flagship initiative is a hallmark of the Ministry's economic diplomacy agenda, under the leadership of Sara...
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