(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended March 7th, according to a report released by the Labor Department on Thursday. The Labor Department said initial jobless claims slipped to 213,000, a decrease of 1,000 from the previous week's revised level of 214,000. Economists had expected jobless claims to inch up to 215,000 from th...
(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended March 7th, according to a report released by the Labor Department on Thursday. The Labor Department said initial jobless claims slipped to 213,000, a decrease of 1,000 from the previous week's revised level of 214,000. Economists had expected jobless claims to inch up to 215,000 from the 213,000 originally reported for the previous week. The report said the less volatile four-week moving average also dipped to 212,000, a decrease of 4,000 from the previous week's revised average of 216,000. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Steginsky Capital LLC grew its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 1.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 680,588 shares of the information services provider's stock after purchasing an additional 6,523 shares during the period. Alphabet comprises approximately...
Steginsky Capital LLC grew its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 1.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 680,588 shares of the information services provider's stock after purchasing an additional 6,523 shares during the period. Alphabet comprises approximately 30.4% of Steginsky Capital LLC's investment portfolio, making the stock its largest position. Steginsky Capital LLC's holdings in Alphabet were worth $165,757,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors also recently made changes to their positions in GOOG. Brighton Jones LLC boosted its position in Alphabet by 5.6% in the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider's stock valued at $22,901,000 after buying an additional 6,410 shares in the last quarter. Ignite Planners LLC increased its holdings in shares of Alphabet by 1.0% during the second quarter. Ignite Planners LLC now owns 14,506 shares of the information services provider's stock worth $2,697,000 after buying an additional 144 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of Alphabet by 7.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 594,959 shares of the information services provider's stock valued at $105,540,000 after acquiring an additional 41,132 shares during the last quarter. Laffer Tengler Investments Inc. lifted its stake in shares of Alphabet by 38.2% in the 2nd quarter. Laffer Tengler Investments Inc. now owns 5,793 shares of the information services provider's stock valued at $1,028,000 after acquiring an additional 1,600 shares during the last quarter. Finally, Ibex Wealth Advisors acquired a new stake in shares of Alphabet during the 2nd quarter valued at $248,000. 27.26% of the stock is owned by institutional investors. Get Alphabet alert...
Watchtower Advisors LP lifted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 14.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 60,000 shares of the semiconductor manufacturer's stock after purchasing an additional 7,630 shares during the quarter. Advanced Micro Devices accounts for approximate...
Watchtower Advisors LP lifted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 14.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 60,000 shares of the semiconductor manufacturer's stock after purchasing an additional 7,630 shares during the quarter. Advanced Micro Devices accounts for approximately 4.5% of Watchtower Advisors LP's holdings, making the stock its 11th largest position. Watchtower Advisors LP's holdings in Advanced Micro Devices were worth $9,707,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also recently bought and sold shares of the company. Koesten Hirschmann & Crabtree INC. increased its stake in shares of Advanced Micro Devices by 61.0% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer's stock valued at $26,000 after acquiring an additional 61 shares during the period. ORG Wealth Partners LLC lifted its holdings in Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer's stock valued at $26,000 after acquiring an additional 46 shares during the last quarter. Pinney & Scofield Inc. raised its holdings in shares of Advanced Micro Devices by 81.0% in the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer's stock worth $27,000 after purchasing an additional 85 shares in the last quarter. Aviso Financial Inc. boosted its holdings in Advanced Micro Devices by 400.0% during the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer's stock worth $32,000 after buying an additional 160 shares in the last quarter. Finally, Signature Resources Capital Management LLC boosted its holdings in Advanced Micro Devices by 170.4% during the third quarter. Signature Resources Capital Management LLC now owns 219 sh...
Andrei Askirka Initial jobless claims of 213K for the week ended March 7, slightly trailing the 214K consensus, slipped from 214K in the prior week, which was revised from 213K, according to data released by the U.S. Department of Labor on Thursday. The four-week moving average was 212K, down 4K from the previous week's revised average of 216K. Continuing claims fell to 1.850M during the week ende...
Andrei Askirka Initial jobless claims of 213K for the week ended March 7, slightly trailing the 214K consensus, slipped from 214K in the prior week, which was revised from 213K, according to data released by the U.S. Department of Labor on Thursday. The four-week moving average was 212K, down 4K from the previous week's revised average of 216K. Continuing claims fell to 1.850M during the week ended Feb. 28 from 1.871M in the earlier week (revised from 1.868M), matching the consensus. The advance unadjusted insured unemployment rate was 1.4% during the week ended Feb. 28, unchanged from a week before, the BLS said . The advance number of actual initial claims under state programs, unadjusted, totaled 206.1K in the week ended March 7, down 8.1K from the prior week. The seasonal factors had expected a decrease of 6.8K from the prior week. More on the U.S. Economy How Might Stocks React After The FOMC's March 2026 Rate Decision? U.S. Dollar Index Rises As U.S. Inflation In Line With Forecasts Weaker Dollar: I Have Begun Questioning What I Was Taught Treasury yields edge higher after CPI data meets forecast estimates Inflation will take a year to hit Fed target after a spring pop - Pantheon Macro
Eightco ( ORBS ) has secured $125M in new funding commitments , led by $75M from Bitmine ( BMNR ) with a commitment of at least $25M from ARK Invest ( ARKK ). Payward, the parent company of global crypto platform Kraken ( KRAKEN) , has also committed $25M to ORBS. The capital supports ORBS' expansion into investing in technology shaping the next generation of artificial intelligence, blockchain in...
Eightco ( ORBS ) has secured $125M in new funding commitments , led by $75M from Bitmine ( BMNR ) with a commitment of at least $25M from ARK Invest ( ARKK ). Payward, the parent company of global crypto platform Kraken ( KRAKEN) , has also committed $25M to ORBS. The capital supports ORBS' expansion into investing in technology shaping the next generation of artificial intelligence, blockchain infrastructure, and global digital consumer platforms. ORBS shares jumped +48.3% premarket. Tom Lee, chairman of Bitmine ( BMNR ), is joining the board of directors to support ORBS' long-term investment strategy. In addition, Brett Winton, chief futurist at ARK Invest, will join as an advisor to ORBS' board. "Bitmine invested in ORBS as we believe this company sits at the center of some of the most important future needs and developments for AI," said Tom Lee, Chairman of Bitmine and newly appointed independent director of ORBS. "To me, there is tremendous synergy between Proof of Human (Worldcoin), the OpenAI foundational models, and connectivity to the greatest content creator in the world, MrBeast. And the ARK investment team, known for their pioneering work on identifying exponential opportunities, is further fueling synergy and innovation in this company." More on Bitmine Immersion Technologies, Eightco Holdings, etc. Bitmine Immersion Technologies: This Could Be The Bottom As Legislation Becomes More Likely Bitmine Vs. Sharplink: One Is A Dilution Trap, The Other Is The Better Ethereum Proxy BitMine Immersion: Tom Lee Calls An Ether Bottom, But I'm Not Convinced Bitmine Immersion announces 4.535M ETH tokens Cathie Wood's weekly recap: adds to AMZN, BABA, HOOD, COIN, cuts TSM, BIDU
A man who was shot by police and later died had to wait 10 extra minutes for an ambulance after an officer having a “mild anxiety attack” took the first one that arrived at the scene, according to a newly released state investigation. Dyshan Best, 39, was shot in the back last year as he fled from officers in Bridgeport, Connecticut. A report released this week by the state’s inspector general fou...
A man who was shot by police and later died had to wait 10 extra minutes for an ambulance after an officer having a “mild anxiety attack” took the first one that arrived at the scene, according to a newly released state investigation. Dyshan Best, 39, was shot in the back last year as he fled from officers in Bridgeport, Connecticut. A report released this week by the state’s inspector general found that the shooting was justified because Best had a gun in his hand and the officer pursuing him had reasons to fear for his own safety. But the report raised questions about what took place in the moments after the 31 March 2025 shooting, which left Best, who was Black, bleeding with severe internal injuries. The first ambulance called to take Best to the hospital arrived at the scene at 6.02pm, about 14 minutes after the shooting. However, at the urging of other officers, that ambulance was used to take away a white police officer, Erin Perrotta, who had been involved in the foot chase, the report said. Paramedics reported that Perrotta declined treatment in the ambulance. “I am fine, I just needed to get out of here,” she said, according to the report. Another officer described Perrotta at the time as “visibly hysterical (crying and breathing rapidly) and had blood all over her uniform”, the report said. The second ambulance arrived at the scene at about 6.12pm. Hospital records said Best was brought in for treatment at 6.22pm – about 14 minutes after Perrotta got to the hospital, according to the report. He died at 7.41pm as he was undergoing treatment for the gunshot wound, which damaged his liver and right kidney. The report by Eliot Prescott, Connecticut’s inspector general, did not say whether the delay in waiting for another ambulance contributed to Best’s death. One of Best’s nieces, Tatiana Barrett, told the Associated Press that revelations from the report have angered and saddened family and friends. They believe he could have survived if he was taken to the ...
Futures Tumble As Oil Jumps Above $100 On Iran War Chaos US futures are sharply lower, as oil briefly surges back over $100 while markets start to accept the view that the Iran war will not end this week, and possibly any time soon. As of 8:15am ET, S&P and Nasdaq futures are down 0.7% and R2K futures slide more than 1%. Futures dropped more than 1% overnight as Iraq suspended oil terminal activit...
Futures Tumble As Oil Jumps Above $100 On Iran War Chaos US futures are sharply lower, as oil briefly surges back over $100 while markets start to accept the view that the Iran war will not end this week, and possibly any time soon. As of 8:15am ET, S&P and Nasdaq futures are down 0.7% and R2K futures slide more than 1%. Futures dropped more than 1% overnight as Iraq suspended oil terminal activity following an attack on two tankers; they recovered some losses after the resumption of normal operations at Oman’s Mina Al Fahal oil terminal. Global market moves overnight were relatively benign: KOSPI down 48bps the most muted day in weeks, China flattish, Europe mixed with Germany flat and France down 50bps. In premarket trading, Mag 7 names are all weaker, energy names are stronger, and defensives outperform cyclicals on the move lower. Iran offered an off-ramp (guarantee of no future attacks from US and Israel) but unclear if that will be accepted. Private credit fears continue to surface as Morgan Stanley and Cliffwater gated withdrawals from their private credit funds, pressuring both Equities and Credit. Bond yields are flat, the USD is bid, and commodities are seeing strength across all 3 complexes, led by Energy. Today’s macro data focus is on jobless claims and housing starts. The Fed remains in blackout into next week’s (Mar 18) meeting. The market wants to see if Powell echoed Trump’s view that prices increases from the conflict are transitory when other central banks are seeing expectations flip from cuts to hikes. In premarket trading, Mag 7 stocks are all lower (Alphabet -0.7%, Meta -0.7%, Amazon -0.6%, Microsoft -0.4%, Nvidia -0.4%, Tesla and Apple little changed) Fertilizer, energy and chemical stocks climb as the war in Iran and disruptions to the Strait of Hormuz tighten supply, raising prices, while airlines and cruise stocks are down as higher crude prices lift costs. Blue Owl Capital Inc. (OWL) falls 3% after the asset manager defended its recent sa...
Editor's note: Seeking Alpha is proud to welcome Equity Lab as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Boonyakiat Chaloemchavalid/iStock via Getty Images The start of Snowflake Inc. ( SNOW )’s share price ...
Editor's note: Seeking Alpha is proud to welcome Equity Lab as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Boonyakiat Chaloemchavalid/iStock via Getty Images The start of Snowflake Inc. ( SNOW )’s share price into 2026 has been bumpy. Concerns that AI could eliminate business models in the IT service sector heavily impacted the company’s share price. However, the company’s actual operating performance remained strong. In addition, Snowflake remains one of the most important independent platforms in the enterprise data and AI ecosystem. I use a simplified DCF model to show that at current valuation levels, the share price of Snowflake looks fair. Therefore, I have a neutral view on the company, as the market is already pricing in a successful execution path, and any meaningful operational missteps could have a negative impact on the valuation of the company’s share price. Company Overview Products and Offerings Snowflake is a cloud-based data platform. Companies can store, process, and analyze large amounts of data across different formats. It does not matter if the data is structured (for example, data stored in tables such as financial transactions or customer records) or unstructured (such as emails, documents, images, or log files). As long as the data can be stored digitally, it can be analyzed within the Snowflake platform. The company stands for three core elements : scalability, data governance, and ease of use. Snowflake allows customers to share data from one data source. There is no need to create multiple copies, which helps to reduce data inconsistencies (often happens when the same data exists in various locations). In addition, this data sharing can be done while keeping the necessary access controls around who is allowed to see what data. This “package” of data st...
Grandbrothers/iStock Editorial via Getty Images Johnson & Johnson ( JNJ ) announced on Thursday that the U.S. Food and Drug Administration (FDA) approved its Tecnis PureSee intraocular lens (IOL), giving eye surgeons a new lens option for use in cataract surgery. The company identified Tecnis PureSee as the first FDA-approved extended depth of focus intraocular lens, which maintains contrast sensi...
Grandbrothers/iStock Editorial via Getty Images Johnson & Johnson ( JNJ ) announced on Thursday that the U.S. Food and Drug Administration (FDA) approved its Tecnis PureSee intraocular lens (IOL), giving eye surgeons a new lens option for use in cataract surgery. The company identified Tecnis PureSee as the first FDA-approved extended depth of focus intraocular lens, which maintains contrast sensitivity, an important aspect of visual quality that determines a patient's ability to differentiate an object from its background. Tecnis PureSee is designed to decrease patients’ dependence on glasses post-surgery, JNJ said, adding that 97% of users haven’t reported halos, glare, or other visual disturbances following its implantation. The product expected to launch in the U.S. later this year will be the latest addition to J&J’s ( JNJ ) Tecnis portfolio of lenses, which includes Tecnis Odyssey IOL, a Full Visual Range IOL, and TECNIS Eyhance IOL, a monofocal IOL. More on Johnson & Johnson Johnson & Johnson (JNJ) Presents at Barclays 28th Annual Global Healthcare Conference Transcript Johnson & Johnson (JNJ) Presents at TD Cowen 46th Annual Health Care Conference Transcript Johnson & Johnson: Strong Run May Be Ending (Rating Downgrade) FDA issues draft guidance to relax testing rules to encourage biosimilar drugs FDA vaccine chief to leave the agency again
Andrii Dodonov/iStock via Getty Images Market review Increased trade tensions between the US and China, giving way to a truce, marked the beginning of the last quarter of 2025. Economic indicators continued to show resilience with 3Q gross domestic product (GDP) growth tracking close to 3.5%, maintaining the pace of 2Q (based on the Atlanta Federal Reserve (Fed) GDPNow forecast). Government fiscal...
Andrii Dodonov/iStock via Getty Images Market review Increased trade tensions between the US and China, giving way to a truce, marked the beginning of the last quarter of 2025. Economic indicators continued to show resilience with 3Q gross domestic product (GDP) growth tracking close to 3.5%, maintaining the pace of 2Q (based on the Atlanta Federal Reserve (Fed) GDPNow forecast). Government fiscal deficits and artificial intelligence (AI) spending remained tailwinds. Investors mostly shrugged off the US government shutdown during the quarter, viewing it as unlikely to significantly impact growth. The lack of important data releases was the larger concern. Labor markets showed some softness with the unemployment rate rising to 4.6%, while inflation appears to be moderating with November's US Consumer Price Index (CPI) reported at 2.7% versus an expected 3.1%. However, the impact of the government shutdown on data quality is visible with some parts of the CPI report in particular reflecting missing October data. The reported disinflation, while welcome, will need to hold up in coming months before the US Federal Reserve (Fed) and investors are convinced that further easing is likely. Markets maintained positive momentum, with equity markets in particular testing new highs while credit spreads were at or near record tights. However, investor angst has been rising, particularly over AI, as concerns mount that the incredible capital expenditures in that space may not be justified. AI valuations have been a major driver of equity valuations, which have increasingly driven consumer spending. The risk of collapsing equity valuations, which would drag both consumer spending and the economy down, is a significant source of concern and will likely be with us well into the future. The economy and the markets were also supported by policy stimulus – deficit spending and US Fed easing. The fiscal impulse is widely expected to continue in 2026 with tax refunds under the One Big Be...
J Studios/DigitalVision via Getty Images U.S. international trade in goods and services deficit narrowed by 25.3% to $54.5B from $72.9B (revised from $70.3B) in December, according to data released by the Census Bureau on Thursday. The January figure compares with the $67.9B consensus. January's decline in deficit reflected a decrease in the goods deficit of $17.5B to $81.8B and an increase in the...
J Studios/DigitalVision via Getty Images U.S. international trade in goods and services deficit narrowed by 25.3% to $54.5B from $72.9B (revised from $70.3B) in December, according to data released by the Census Bureau on Thursday. The January figure compares with the $67.9B consensus. January's decline in deficit reflected a decrease in the goods deficit of $17.5B to $81.8B and an increase in the services surplus of $1.0B to $27.3B. Monthly exports came in at $302.1B, an increase of $15.8B compared to December. Imports fell by $2.6B to $356.6B. Year-over-year, the goods and services deficit decreased 57.6%. Exports increased 10.4%, while imports decreased 11.3%. U.S. international trade in goods deficit (preliminary) fell to $80.8B vs. $98.5B prior. More on U.S. Economy Disinflation will continue once the temporary oil price shocks work through the U.S. economy – economist Headline CPI holds at +2.4% Y/Y in February, as expected, still above Fed target Mortgage demand decelerates as market volatility causes longer-term rates to move up
RichLegg U.S. housing starts jumped 7.2% M/M in January to a seasonally adjusted annual rate of 1.487M from 1.387M in December, surpassing the 1.340M consensus, according to data released by the U.S. Census Bureau on Thursday. The December figure was revised from the initial estimate of 1.404M. January's number indicated 9.5% growth from January 2025. The single-family housing starts rate of 935K ...
RichLegg U.S. housing starts jumped 7.2% M/M in January to a seasonally adjusted annual rate of 1.487M from 1.387M in December, surpassing the 1.340M consensus, according to data released by the U.S. Census Bureau on Thursday. The December figure was revised from the initial estimate of 1.404M. January's number indicated 9.5% growth from January 2025. The single-family housing starts rate of 935K was 2.8% below December's. Building permits, meanwhile, declined 5.4% M/M to a seasonally adjusted annual rate of 1.376M, weaker than the 1.410M consensus and 1.455M in December (revised from 1.448M). On a Y/Y basis, January 2026 permits dropped 5.8%. Single-family authorizations' rate of 873K fell 0.9% from December's revised average of 881K. The rate of privately owned housing completions was 1.527M, up 4.8% from December and 7.5% lower than January 2025's rate. Single-family housing completions were at a rate of 970K, down 1% from December, the U.S. Census Bureau said. More on the US Economy How Might Stocks React After The FOMC's March 2026 Rate Decision? What Would Oil At $130/Barrel Do To The Economy Headline CPI holds at +2.4% Y/Y in February, as expected, still above Fed target Existing home sales rise more than expected in February as affordability slowly improves
Nvidia (NVDA +0.64%) delivered a spectacular fiscal 2026 fourth-quarter earnings report, trouncing Wall Street's expectations and demonstrating incredible growth. However, the stock fell after the report, and it's slightly down for the year. Here's what I think is going on. The near term: Competition and an AI bubble There's no question that Nvidia's latest quarter was a stellar continuation of it...
Nvidia (NVDA +0.64%) delivered a spectacular fiscal 2026 fourth-quarter earnings report, trouncing Wall Street's expectations and demonstrating incredible growth. However, the stock fell after the report, and it's slightly down for the year. Here's what I think is going on. The near term: Competition and an AI bubble There's no question that Nvidia's latest quarter was a stellar continuation of its phenomenal growth story. Although it has been a growth stock for decades, the company became a part of popular culture with the advent of generative artificial intelligence (AI) in 2022, as it became clear that its powerful graphics processing units (GPUs) were the best available chips to power the new software. And Nvidia has continued to drive innovation and development in the space. However, as it always goes in the technology realm, nothing stays stagnant, and competition is emerging. Nvidia's processors are not cheap, and other chipmakers are developing alternatives that can handle the data inference and training process, often for a lot less money. Amazon, for example, has its own Tranium AI accelerators and Graviton CPUs, and the company has 1.4 million Tranium2 chips fully subscribed. Alphabet's newest Tensor Processing Units are 10 times faster than the previous iteration while being almost twice as efficient. Broadcom's custom application-specific integrated circuits (ASICs) are designed in collaboration with its hyperscaler clients to handle specific AI workloads efficiently, and management is expecting their sales to ramp up over the next few years. On top of that, the market is already worried that Nvidia's main clients are overspending on AI infrastructure, and that the bubble will eventually burst. That would lead to slowing sales and a sluggish business. Expand NASDAQ : NVDA Nvidia Today's Change ( 0.64 %) $ 1.18 Current Price $ 185.94 Key Data Points Market Cap $4.5T Day's Range $ 184.45 - $ 187.62 52wk Range $ 86.62 - $ 212.19 Volume 29K Avg Vol 176M Gro...
Key Points Nvidia reported blowout results for its fiscal 2026 fourth quarter. Competition is intensifying in the AI chip space. The market is worried that hyperscalers' spending on the AI infrastructure buildout is too high. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) delivered a spectacular fiscal 2026 fourth-quarter earnings report, trouncing Wall Street's expectations and demo...
Key Points Nvidia reported blowout results for its fiscal 2026 fourth quarter. Competition is intensifying in the AI chip space. The market is worried that hyperscalers' spending on the AI infrastructure buildout is too high. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) delivered a spectacular fiscal 2026 fourth-quarter earnings report, trouncing Wall Street's expectations and demonstrating incredible growth. However, the stock fell after the report, and it's slightly down for the year. Here's what I think is going on. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The near term: Competition and an AI bubble There's no question that Nvidia's latest quarter was a stellar continuation of its phenomenal growth story. Although it has been a growth stock for decades, the company became a part of popular culture with the advent of generative artificial intelligence (AI) in 2022, as it became clear that its powerful graphics processing units (GPUs) were the best available chips to power the new software. And Nvidia has continued to drive innovation and development in the space. However, as it always goes in the technology realm, nothing stays stagnant, and competition is emerging. Nvidia's processors are not cheap, and other chipmakers are developing alternatives that can handle the data inference and training process, often for a lot less money. Amazon, for example, has its own Tranium AI accelerators and Graviton CPUs, and the company has 1.4 million Tranium2 chips fully subscribed. Alphabet's newest Tensor Processing Units are 10 times faster than the previous iteration while being almost twice as efficient. Broadcom's custom application-specific integrated circuits (ASICs) are designed in collaboration with its hyperscaler clients to handle specific AI workloads efficiently, and mana...
Recently, The Motley Fool surveyed 2,000 retired Americans, with the goal of learning what matters most to them in retirement. Here's what emerged as retirees' top preferences: quality of life (31%) healthcare access and quality (15%) housing affordability (13%) crime and safety (12%) weather and climate (12%) state and local taxes (11%) non-housing affordability (6%) While there's no single spot ...
Recently, The Motley Fool surveyed 2,000 retired Americans, with the goal of learning what matters most to them in retirement. Here's what emerged as retirees' top preferences: quality of life (31%) healthcare access and quality (15%) housing affordability (13%) crime and safety (12%) weather and climate (12%) state and local taxes (11%) non-housing affordability (6%) While there's no single spot that's perfect for all retirees, The Motley Fool's 2026 Best Places to Retire report reflects the qualities most desired. Here are the top three spots, which are all in Florida. 1. Fort Lauderdale, Broward County, Florida Total retirement score: 64/100 Often referred to as the Venice of America, the city enjoys an average of 246 days of sunshine each year. With long stretches of waterfront, including boating canals and the Atlantic Ocean, it's a draw for water-lovers from around the world. What's to love: Even if you're not into long days under an umbrella on the beach, paddleboarding, or walks in the warm sun, you don't have to worry about shoveling snow. While you'll have plenty of cultural activities to enjoy, Fort Lauderdale has a laid-back vibe, perfect for chilling. Plus, there's no state income tax. Potential challenges: Housing and property tax costs in Fort Lauderdale tend to be on the high side, and crime rates are higher than in other South Florida cities. If you're not into tourists, you may need to find some of Fort Lauderdale's less "touristy" spots (and they do exist). Traffic can be a bear at certain times of day, and humidity could cause you to spend more than usual on no-frizz hair serums. 2. St. Augustine, St. Johns County, Florida Total retirement score: 59/100 What's to love: Unless you find weeks of sunshine tiresome, you'll adore the weather in St. Augustine. If you're into history, there's nothing quite like St. Augustine, the oldest city in the U.S. You may also love the number of music venues and creative eateries in town. Potential challenges: Wit...