The newest Wall Street buzzword is the "Great Rotation," as the market has seen money move out of large-cap artificial intelligence (AI) stocks into value-oriented names and small caps. While it can be tempting to follow Wall Street's lead, investors are typically best served sticking with elite growth stocks during these rotations, not abandoning them. That's especially true when the underlying t...
The newest Wall Street buzzword is the "Great Rotation," as the market has seen money move out of large-cap artificial intelligence (AI) stocks into value-oriented names and small caps. While it can be tempting to follow Wall Street's lead, investors are typically best served sticking with elite growth stocks during these rotations, not abandoning them. That's especially true when the underlying trends haven't changed. AI infrastructure demand is still growing rapidly, and semiconductors remain the foundation of the data center buildout. Even great stocks can get pulled down when investors reshuffle their portfolios, but that creates opportunity. Two stocks worth pouncing on during this rotation are Broadcom (NASDAQ: AVGO) and Taiwan Semiconductor Manufacturing (NYSE: TSM) . Both sit at the heart of the AI buildout, and long-term trends are working in their favor. Meanwhile, the pressure in their stocks has created a great buying opportunity. Continue reading
Trump Proposes $1.5 Trillion In War Spending, 'Largest In Decades' Via The Cradle US President Donald Trump is asking Congress to boost military spending to $1.5 trillion for 2027 , the largest such request in decades , while demanding cuts to domestic spending on social programs, AP reported Friday. The White House released details of the desired spending increase on Friday as part of Trump's 202...
Trump Proposes $1.5 Trillion In War Spending, 'Largest In Decades' Via The Cradle US President Donald Trump is asking Congress to boost military spending to $1.5 trillion for 2027 , the largest such request in decades , while demanding cuts to domestic spending on social programs, AP reported Friday. The White House released details of the desired spending increase on Friday as part of Trump's 2027 budget proposal. The proposal comes amid the US-Israeli war on Iran, which is costing US taxpayers over $11 billon for each week it continues. US Army/AP image Last month, the Pentagon proposed receiving an additional $200 billion to backfill munitions and supplies used in the war, which has killed 3,527 Iranians, including 1,606 civilians and at least 244 children. While the White House is demanding huge sums for war, Trump's proposal would reduce non-defense spending by 10 percent, primarily by shifting some responsibility for social programs to state and local governments. "We're fighting wars. We can't take care of day care," Trump said at a private White House event on Wednesday. "It's not possible for us to take care of day care, Medicaid, Medicare – all these individual things," he said. "They can do it on a state basis. You can't do it on a federal." According to AP, "The president's annual budget more broadly is considered a reflection of the administration's values," but does not carry the force of law. For Trump's spending proposal to take effect, Congress would have to approve it. The US is already heavily in debt, with the federal government spending nearly $2 trillion more than it receives in tax receipts each year. This year, the national debt surpassed $39 trillion, while the debt-to-Gross Domestic Product (GDP) ratio now exceeds 120 percent, surpassing the peak reached after World War II. While Trump ran for president on a platform of ending US wars abroad and putting the needs of US citizens first, he has instead prioritized initiating foreign wars in su...
US president makes baseless claims about fraud in blue states and says JD Vance will lead clampdown as ‘fraud czar’ Donald Trump announced a fresh crackdown on “fraud” in Democratic states and tapped JD Vance to lead the charge. Officials swiftly announced a string of arrests in California. In a Truth Social post on Friday, the US president announced that his vice-president is now “in charge of ‘f...
US president makes baseless claims about fraud in blue states and says JD Vance will lead clampdown as ‘fraud czar’ Donald Trump announced a fresh crackdown on “fraud” in Democratic states and tapped JD Vance to lead the charge. Officials swiftly announced a string of arrests in California. In a Truth Social post on Friday, the US president announced that his vice-president is now “in charge of ‘fraud’ in the United States”, claiming the problem is “massive and pervasive” and that Vance’s new role as “fraud czar” will be “a major factor in how great the future of our country will be”. Continue reading...
Bloomberg's Ed Ludlow and Loren Grush bring special coverage of NASA's Artemis II launch live from Kennedy Space Center on Florida's Space Coast. NASA’s crew of astronauts launched to space and reached a stable orbit, kicking off a landmark journey that will take them closer to the lunar surface than anyone has been in more than 50 years. (Source: Bloomberg)
Bloomberg's Ed Ludlow and Loren Grush bring special coverage of NASA's Artemis II launch live from Kennedy Space Center on Florida's Space Coast. NASA’s crew of astronauts launched to space and reached a stable orbit, kicking off a landmark journey that will take them closer to the lunar surface than anyone has been in more than 50 years. (Source: Bloomberg)
St Helens 34-24 Wigan On-loan hooker scores twice in last 10 minutes The derby rarely fails to disappoint, but just when you think this 130-year-old rivalry cannot get any more unbelievable, this happens. The scoreline looks unremarkable, but that tells only a fraction of the story of the 367th meeting between St Helens and Wigan. The pre-match talk was not who would win, it was how many Wigan...
St Helens 34-24 Wigan On-loan hooker scores twice in last 10 minutes The derby rarely fails to disappoint, but just when you think this 130-year-old rivalry cannot get any more unbelievable, this happens. The scoreline looks unremarkable, but that tells only a fraction of the story of the 367th meeting between St Helens and Wigan. The pre-match talk was not who would win, it was how many Wigan, the league leaders going into the Easter programme, would win by. Saints, humiliated 52-10 at Hull KR last week, were without a dozen first-team regulars, many of them starters. They soon lost a 13th when prop Agnatius Paasi limped off after four minutes. Continue reading...