Investors may want to consider adding exposure to the world’s second-largest emerging market.According to EMQQ Global founder Kevin Carter, India’s technology sector is extremely attractive right now.”It’s the tip of the spear of growth [in e-commerce] … not just in emerging markets, but on the planet,” Carter told CNBC’s “ETF Edge” this week. His firm is behind the INQQ The India Internet ETF, which was launched in 2022. The India Internet ETF is up almost 21% so far this year, as of Friday’s close.Zoom In IconArrows pointing outwards’DoorDash of India’One of Carter’s top plays is Zomato, which he calls “the DoorDash of…
Author: usaeverydaylife
Professionalstudioimages | E+ | Getty ImagesPresident-elect Donald Trump has been vocal about potentially raising tariffs on imported goods, which experts say could bump up car prices.Trump has talked about implementing an additional 10% tariff on Chinese imported goods, as well as adding tariffs of 25% on all products from Mexico and Canada. On Friday, Trump told the European Union it must reduce its trade gap with the U.S. by purchasing oil and gas, or it could face tariffs as well.Tariffs are taxes on imported goods, paid by U.S. companies that import those goods.Tariffs have the potential to disproportionately affect auto…
What’s on Richard Branson’s shopping list this holiday season?The billionaire Virgin Group co-founder says there are a few items his friends and family can expect to receive from him — and that he recommends to CNBC Make It’s readers as well.Because Branson is a consummate salesman, it should come as little surprise that he recommends products from his own company and from brands with ties to the Virgin Group. Still, Branson tells CNBC Make It via a spokesperson that he genuinely endorses these products.1. Change Please CoffeeBranson, who once admitted to drinking 20 cups of tea every day, says he’s…
Bank of America said a slew of stocks, including Nvidia , have plenty of upside in 2025. The firm recently named a few buy-rated stocks that every investor must own heading into the new year. In addition to the chip juggernaut, the names include Block , Cadence Design Systems , Chevron and East West Bancorp . Block Wall Street is gushing over the payment fintech company, including Bank of America analyst Jason Kupferberg and team. “As a US-centric re-acceleration story, we believe shares can outperform,” he wrote recently. An increase in crypto prices is also an expected tailwind, the firm…
I’ll admit it: I buy $7 oat milk cappuccinos and chocolate croissants before I run errands on Saturdays. When my friends indulge themselves in yoga classes and an afternoon of shopping, they call it “a Meg Day.”December Meg is different. Like the vast majority of Americans, I can’t avoid feeling stressed around the holidays. I have to tighten my budget to make sure I can afford cranberry-flavored cocktails at holiday parties and the $80 Skims bodysuit on my sister’s wish list — or risk credit card debt.But when it’s cold, it’s dark and the airports are packed with people who…
Investors on the hunt for real-world applications of artificial intelligence may want to consider humanoid robots, which some analysts predict could begin replacing human workers at scale by the end of the decade. “Breakthroughs in generative AI are bringing 3D perception, control, skill planning and intelligence to robots,” Rev Lebaredian, Nvidia’s vice president of omniverse and simulation technology, told CNBC. “Humanoid robots will help close the gap as labor shortages increase around the world, especially in sectors like retail, warehousing and distribution or manufacturing.” Some analysts say there’s a bigger market for these kinds of robots than for robotaxis and…
The Federal Reserve lowered its interest rate target three times in 2024.This has many Americans waiting for mortgage rates to fall. But that may not happen for some time.”I think the best case scenario is we’re going to continue to see mortgage rates hover around six and a half to 7%,” said Jordan Jackson, a global market strategist at J.P. Morgan Asset Management. “So unfortunately for those homeowners who are looking for a bit of a reprieve on the mortgage rate side, that may not come to fruition,” Jordan said in an interview with CNBC.Mortgage rates can be influenced by…
Business: Riot Platforms is a bitcoin mining and digital infrastructure company. It has bitcoin mining operations in central Texas and Kentucky, and electrical switchgear engineering and fabrication operations in Denver. It operates a bitcoin-driven infrastructure platform. Its segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment is engaged in bitcoin mining. The Engineering segment designs and manufacturers power distribution equipment and custom engineered electrical products.Stock Market Value: $3.97B ($11.55 per share)Ownership: n/aAverage Cost: n/aActivist Commentary: Starboard is a very successful activist investor and has extensive experience helping companies focus on operational efficiency and margin improvement. Starboard has taken a…
A turbulent week on Wall Street ends with a “Thank Goolsbee, it’s Friday” rally, after the Chicago Fed President used a CNBC appearance to refocus investors’ attention on the still-encouraging trend in inflation and the likelihood that interest rates still have room to be trimmed in the context of a healthy economy. Friday’s 1.1% relief bounce in the S & P 500 also owed plenty to the tame PCE inflation reading that morning, not to mention the preconditions of a rather washed-out stock market following three weeks of oppressive sub-surface selling pressure. Neither Austan Goolsbee’s predictably soothing words nor the…
In 2022, I quit my job to fulfill my longtime dream of traveling the world full-time for a year and a half. My journey through 12 countries in Asia and six in South America cost exactly $34,563.38.I stayed meticulous about one thing from beginning to end: I tracked every penny I spent, from a $600 flight to a 50-cent trip to the bathroom.I spent an average of about $1,920 per month, which is about my typical monthly budget living very frugally in LA and previously, in NYC. To make ends meet and save for my trip, I rented in uncool…
