Generally speaking, investors tend to keep to tried and true investments, devoting the majority of their stock allocations to large caps and index funds that make up the bedrock of a prudent portfolio. However, investors who can set aside a small portion of their cash to finding “10-baggers” — stocks with the potential to gain more than 1,000% — may find the gamble could very well be worth the risk, according to Bespoke Investment. Correctly identifying even just one 10-bagger could have a “dramatic” effect on a portfolio, the firm said. Of course, they specified investors should only be allocating…
Author: usaeverydaylife
A visitor waves an American flag near the U.S. Capitol, as the U.S. House of Representatives considers U.S. President Donald Trump’s sweeping tax-cut bill, on Capitol Hill in Washington, D.C., U.S., May 19, 2025. Nathan Howard | ReutersA tax package House Republicans may pass as soon as this week would kill a slew of consumer tax breaks tied to clean energy, as currently drafted. If it becomes law, households interested in the tax breaks may have to rush to claim them this year, experts said.Tax breaks on the chopping block include ones for consumers who buy or lease electric vehicles,…
Nvidia CEO Jensen Huang said overnight that U.S. chip export controls are a “failure” and warned that the restrictions are doing more damage to American business than to China.Huang said in a press conference at Computex, an artificial intelligence exhibition in Taiwan, that the policies have cut the AI chip leader’s China market share from 95% to 50% and motivated Beijing to make its own chips faster.Huang’s comments came as the truce between the U.S. and China over tariffs and semiconductors continues to be delicate.The Chinese Commerce Ministry responded to the Trump administration’s recent chip policy change on Monday, calling…
Jonathan Raa | Nurphoto | Getty ImagesBitcoin rose to a new all-time high on Wednesday, breaking its January record.The price of the flagship cryptocurrency was last higher by 2% at $108,955.10, according to Coin Metrics. Earlier, it rose as high as $109,500.”Bitcoin’s new high has been concocted by an array of favorable ingredients in the macro cauldron, namely softer U.S. inflation numbers, a de-escalation in the U.S.-China trade war and the Moody’s downgrade of U.S. sovereign debt, which has put the spotlight on alternative stores of value like bitcoin,” said Antoni Trenchev, cofounder of crypto exchange Nexo.Stock Chart IconStock chart…
Analysts are cheering Warby Parker ‘s smart glasses partnership with Google . As part of the deal announced Tuesday, Google committed as much as $150 million. Half of that goes toward product development, and half to Warby Parker if specific collaboration milestones are set. The first line of products from the partnership is expected “after 2025.” Products in the collaboration will utilize Google’s Android XR operating system. The Android XR will include Google’s Gemini artificial intelligence assistant, meaning Warby Parker could get in on the stock market’s AI hype. Warby Parker shares surged more than 15% Tuesday and held on…
With agricultural commodity prices facing downward pressure due to oversupply, Deere & Co (DE) is likely to face headwinds as demand for heavy machinery weakens. DE, a leading agricultural equipment manufacturer, has seen its stock rally significantly in recent months, but the recent peak suggests that the uptrend may be losing steam. This creates an opportunity to position for a potential pullback in DE, especially as macroeconomic conditions weigh on the agricultural sector. Trade timing The timing for adding bearish exposure to DE is optimal, as the stock has reached a recent all-time high and is showing signs of exhaustion…
ABU DHABI, United Arab Emirates — Abu Dhabi’s Etihad Airways says it can navigate the turbulence surrounding Boeing ‘s delivery delays, even as it doubles down on a major wide-body order and a multibillion-dollar fleet overhaul. Speaking on CNBC’s “Access Middle East” on Wednesday, Etihad CEO Antonoaldo Neves said the airline is taking a more “diligent” approach to fleet planning, allowing it to absorb potential setbacks in aircraft delivery schedules. “Boeing is improving and ramping up,” Neves said. “We feel confident, and I think Boeing is getting back on track.” His comments come after the airline announced a $14.5 billion…
A group of hedge funds’ favorite stocks is beating the broader market even as volatility runs wild on Wall Street, according to Goldman Sachs. The Wall Street bank analyzed the holdings of 684 fundamentally driven hedge funds with $3.1 trillion of gross equity positions at the end of March, based on regulatory filings. It then compiled a basket of the most popular long positions, dubbed Goldman’s “Hedge Fund VIP basket,” consisting of 50 stocks that most frequently appear among hedge funds’ 10 largest holdings. “From an implementation standpoint, the Hedge Fund VIP list represents a tool for investors seeking to ‘follow…
A United Airlines Station Operation Center stands at Newark Liberty International Airport in Newark, New Jersey, U.S., May 9, 2025.David Dee Delgado | ReutersMajor airline CEOs on Wednesday called on Congress to approve billions of dollars in funding to modernize the United States’ aging air traffic control system, saying it is “failing Americans.”The Federal Aviation Administration’s air traffic control network’s woes have been years in the making. But a rush of high-profile mishaps, near-misses and a deadly January crash involving an American Airlines regional jet caused public alarm and prompted new calls for action.In a joint letter, the airline executives…
Google DeepMind Demis Hassabis and Google co-founder Sergey Brin sat for an interview at Google I/O.Jennifer EliasGoogle on Tuesday announced that it’s getting back into the smart glasses game, and co-founder Sergey Brin said that this time will be different. “I’ve learned a lot,” Brin said Tuesday at a fireside chat during the annual Google I/O developer conference. His appearance came after Google announced a partnership with Warby Parker, which saw its stock rise more than 15% after the two companies said they plan to launch a series of smart glasses as soon as next year. The glasses will be built on…
