Bridgewater Associates’ Ray Dalio on stage at CNBC’s CONVERGE LIVE in March.Courtesy of CNBCBridgewater Associates founder Ray Dalio said investors should allocate as much as 15% of their portfolios to gold even as the precious metal surged to an all-time high above $4,000 an ounce.”Gold is a very excellent diversifier in the portfolio,” Dalio said Tuesday at the Greenwich Economic Forum in Greenwich, Connecticut. “If you look at it just from a strategic asset allocation perspective, you would probably have something like 15% of your portfolio in gold … because it is one asset that does very well when the…
Author: usaeverydaylife
Small caps may have climbed to all-time highs, but investors shouldn’t expect a repeat performance, according to Trivector Research. The Russell 2000 has rallied to all-time highs after clearing its prior record going all the way back to November 2021. It topped 2,500 for the first time this week, and it’s up more than 10% this year. Yet, Trivector founder Adam Parker said small caps are unlikely to exhibit the same show of force in the fourth quarter, given some of the group’s characteristics. “We consider small caps a structurally inferior asset class,” Parker wrote. Here are some of the…
In a interview Wednesday with CNBC’s Jim Cramer, CoreWeave CEO Michael Intrator brushed off concerns that the company’s deals with other artificial intelligence giants are circular investments, saying such a narrative is “fundamentally flawed.””The reality of the situation is, really large, really important technology companies across the space are buying infrastructure to deliver it to their clients — Meta, Microsoft, you know, Amazon, Google,” Intrator said. “I mean, the largest tech companies in the world are purchasing this infrastructure because they have demand. There’s nothing circular about that.”CoreWeave, which sells cloud infrastructure for AI, went public in March. It was…
People exit the the U.S. Internal Revenue Service (IRS) building in Washington, D.C., on Feb. 20, 2025.Kent Nishimura | ReutersThe IRS on Wednesday said that it was furloughing nearly half of its workforce due to the ongoing government shutdown.About 34,000 IRS workers are being furloughed, according to the tax agency. Another 39,870 employees, representing 53.6% of the workforce, will remain on the job.The furloughs came as the shutdown of federal government operations was in its eighth day, and as dueling funding resolutions that would end the crisis for the sixth time failed to pass in votes by the Senate.”Due to…
The Qualcomm Incorporated logo is being displayed at their pavilion during the Mobile World Congress in Barcelona, Spain, on February 28, 2024. Joan Cros | Nurphoto | Getty ImagesQualcomm wants to get closer to robot makers.The company said Tuesday that it’s acquiring Arduino, an electronics maker whose inexpensive programmable circuit boards and computers are common in hardware startups and robotics labs for prototyping.Qualcomm didn’t announce a price for the transaction, but said the Italy-based company would become an independent subsidiary.The deal gives Qualcomm direct access to the tinkerers, hobbyists and companies at the lowest levels of the robotics industry. Arduino…
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty ImagesGoogle is continuing to put restrictions on remote work, this time with a popular policy called “Work from Anywhere” that was established during the Covid pandemic.The policy has allowed employees to work from a location outside of their main office for up to four weeks per calendar year. According to internal documents viewed by CNBC, working remotely for even a single day will now count for a full week.”Whether you…
Traders work, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 17, 2025.Brendan McDermid | Reuters Investors barely flinched Wednesday, despite the release of the Fed minutes and the ongoing U.S. government shutdown.Discussions on rate cuts and shutdowns seemed to be mere background noise compared to the real force moving markets now, namely, artificial intelligence.AI stocks such as Nvidia are now masters of the market narrative, driving record highs across the S&P 500 and…
Check out the companies making headlines in midday trading: Oracle — The software giant fell more than 5%, leading a reversal in tech stocks, after The Information reported its margins on its cloud business are weaker than analysts currently estimate and that it is losing money on some of its Nvidia chip deals. Figma — The design software vendor jumped about 7%, adding to its 7% gain in the prior session . On Monday, OpenAI CEO Sam Altman introduced Figma’s integration into ChatGPT, which will allow ChatGPT users to have Figma run tasks from within their conversations. Dell Technologies —…
Nearly all of our bullish trade ideas over the past few months have been bullish pattern breakouts, which isn’t surprising given that the broader market remains in an uptrend — naturally producing more of those setups. However, a few names have pulled back from recent highs, creating potential dip-buying opportunities. One such stock is Home Depot (HD), which has declined nearly 10% from its early-September high. The pullback is now approaching both its flat 200-day moving average and a key support zone in the low-380s— a critical level that marked the breakout point in late July and the breakdown zone from March.…
The late Shinzo Abe (L) and Sanae Takaichi (R) at a science and technology innovation conference in Tokyo on October 22, 2014.Toshifumi Kitamura | Afp | Getty ImagesFor years, U.S. President Donald Trump has accused Japan of engaging in “unfair trade practices” — a criticism that dates back to his days as a real estate mogul.In March, Trump again singled out Japan, alleging that Tokyo weakened its currency to gain an unfair trade advantage. “I’ve called the leaders of Japan to say you can’t continue to reduce and break down your currency,” he said.Then–Prime Minister Shigeru Ishiba reportedly told Japan’s…
