Swiss company VAT Group is poised to benefit significantly from the growth in artificial intelligence, according to analysts at a number of investment banks. Investment firm Vontobel highlighted the company as a key player in the AI chips supply chain. The stock is listed in Switzerland and also trades in the U.S . Vontobel’s analyst said that AI could be “the biggest technology shift of our lifetimes,” with the global semiconductor industry projected to reach $1 trillion by 2030. “We estimate that AI-related semiconductors will account for 30-40% of the total chip market by 2027,” said Michael Foeth, senior equity…
Author: usaeverydaylife
Welcome to the ‘Beverly Hills of Britain’, where the only thing missing is sunshine.There are luxury cars, fancy restaurants, gated mansions and enough high-level professional footballers to create the United Kingdom’s most dominant five-a-side league.‘Elmbridge Borough Council welcomes you to Cobham’, the sign reads as you enter the village made famous by Chelsea Football Club, whose training ground named after this place is a four-minute drive from its high street (and actually in nearby Stoke d’Abernon).Chelsea moved to Cobham, part of London’s southern commuter belt, 19 years ago from Harlington, near Heathrow Airport on the western outskirts of the city.…
People look at the city’s skyline from the Bunkyo Civic Center Observation Deck in Tokyo on August 14, 2024. Philip Fong | AFP | Getty ImagesAsia-Pacific markets fell on Monday, with Japan’s Nikkei 225 leading losses in the region, following the weaker-than-expected U.S. jobs report on Friday.U.S. nonfarm payrolls rose by 142,000 missing a 161,000 gain estimated by economists polled by Dow Jones. On the other hand, the unemployment rate edged down to 4.2%, in line with expectations.Traders in Asia will assess Japan’s revised GDP figure for the second quarter and China’s consumer price index report coming Monday. Japan’s second-quarter GDP…
Monday, September 9, 2024Cultivate a generous attitude towards life. There is no use of complaining and getting upset over your living conditions. It is the beggarly thinking which destroys the fragrance of life and kills the hope of living a content life. Money position improves as delayed payments are recovered. Supporting your children concerns would be essential. Unnecessary suspicion and doubt spoils the relationship. This is the reason why you must never doubt your beloved, and in case you feel strongly about something that’s eating you up, then sit with them and try to find a solution. Today is a…
Analysts at major Wall Street banks are getting more cautious on chip darling ASML , raising concerns about the critical chip equipment maker’s demand outlook. Earlier this week, investment bank UBS downgraded ASML to “neutral” and cut its price target on the stock to 900 euros ($1,000.78) from 1,050 euros previously. In the note, UBS said that it expects to see a “plateau in litho intensity,” or the percentage of cost associated with lithography tools versus other wafer fabrication equipment tools, in both logic and memory chips. ASML is behind a key technology involved in chip manufacturing known as EUV, or…
Monday, September 9, 2024Try to control your emotions especially anger. Today, you can seek advice from the seniors of your family about finance management and savings and use them in your daily life. Blessing from an aged relative who seeks your efforts in solving personal problems. May be disappointed in love but don’t lose heart as lovers are ever sycophantic. Your consistent hard work will pay really well today. Your magnetic-outgoing personality will capture hearts. You might feel lack of attention from your spouse, but at the end of the day you will realize that he/she was busy just for…
Traders work on the floor of the New York Stock Exchange during afternoon trading on September 05, 2024 in New York City.Michael M. Santiago | Getty ImagesU.S. stock futures were lower on Sunday night following a tough week for the equity market.S&P 500 futures dipped 0.1%, while Nasdaq 100 futures slid 0.2%. Futures tied to the Dow Jones Industrial Average fell by 22 points, or less than 0.1%.The stock market suffered serious losses to kick off its first trading week of September, a seasonally slow month for equities. The S&P 500 tumbled 4.3%, registering its worst week since March 2023.…
The NFL kicked off the 2024 regular season in dramatic fashion, with the Kansas City Chiefs beating the Baltimore Ravens by a toe on Thursday night in a rematch of the AFC Championship Game. Friday, the Green Bay Packers and Philadelphia Eagles met in the first NFL game in Brazil. The Eagles won, but worse for the Packers, quarterback Jordan Love suffered an MCL injury that will likely sideline him multiple weeks.The action continues Sunday with 13 more games before Monday night’s showdown between the San Francisco 49ers and New York Jets.One of the greatest things about the National Football…
Monday, September 9, 2024You are going to enjoy the pleasure of leisure. If you are married, then take special care of your children today, as there are chances of their health deteriorating. As a result, you may have to spend a lot of money on their health. Give proper time to your family. Let them feel that you care for them. Sped your quality time with them. Don’t give any chance to complain. Your tears may be wiped by a special friend. You will get lot of satisfaction today when you complete a project- which you started long ago. This…
Take a look at bitcoin’s price chart, and it’s easy to see the appeal for investors. The largest and most widely traded cryptocurrency is up 118% over the past 12 months, and returns have been astronomical since the coin’s creation in 2009.Nevertheless, much of the old guard of investing and personal finance want nothing to do with it.Earlier this year, financial podcaster Dave Ramsey compared buying to investing in the Iraqi dinar, which he views as an unstable currency that doesn’t enjoy the robust government backing of the U.S. dollar. Due to its volatility, “I wouldn’t wish bitcoin investments on…