Hong Kong customs has seized about 20 million illicit cigarettes with an estimated market value of HK$92 million (US$11.46 million) from a cargo vessel during a joint anti-smuggling operation with authorities in mainland China. The cigarettes would have generated about HK$68 million in tax revenue, authorities said on Saturday. Officers from the Customs and Excise Department, marine police and mai...
Hong Kong customs has seized about 20 million illicit cigarettes with an estimated market value of HK$92 million (US$11.46 million) from a cargo vessel during a joint anti-smuggling operation with authorities in mainland China. The cigarettes would have generated about HK$68 million in tax revenue, authorities said on Saturday. Officers from the Customs and Excise Department, marine police and mainland law enforcement agencies conducted the operation in the early hours of Friday based on risk...
Barry speaks with Judd Kessler, author of Lucky by Design: The Hidden Economics You Need to Get More of What You Want, and a professor at The Wharton School of the University of Pennsylvania. They discuss his research into the hidden markets that allocate value to desirable things such as restaurant reservations. They also Judd's research into how couples allocate their resources within a relation...
Barry speaks with Judd Kessler, author of Lucky by Design: The Hidden Economics You Need to Get More of What You Want, and a professor at The Wharton School of the University of Pennsylvania. They discuss his research into the hidden markets that allocate value to desirable things such as restaurant reservations. They also Judd's research into how couples allocate their resources within a relationship and possible alternate ways to distribute concert tickets. (Source: Bloomberg)
Investing in artificial intelligence (AI) has been the backbone of the stock market during the past few years, and several exciting investment opportunities have emerged. I think there are several AI stocks that are worth buying right now, although there are likely many more available. These are my top-10 AI stocks to buy right now, and I think that these make for an excellent starting point for a...
Investing in artificial intelligence (AI) has been the backbone of the stock market during the past few years, and several exciting investment opportunities have emerged. I think there are several AI stocks that are worth buying right now, although there are likely many more available. These are my top-10 AI stocks to buy right now, and I think that these make for an excellent starting point for anyone looking to get going in AI investing. Image source: Getty Images. Continue reading
With over $85 billion in net assets and a 3.3% yield, the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is one of the most popular high-yield dividend exchange-traded funds (ETFs). It's up 10.8% year to date, compared to a 5% decline in the S&P 500 (SNPINDEX: ^GSPC) . The ETF's exposure to the scorching hot energy sector is contributing to its outperformance. But energy stocks have run up so muc...
With over $85 billion in net assets and a 3.3% yield, the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is one of the most popular high-yield dividend exchange-traded funds (ETFs). It's up 10.8% year to date, compared to a 5% decline in the S&P 500 (SNPINDEX: ^GSPC) . The ETF's exposure to the scorching hot energy sector is contributing to its outperformance. But energy stocks have run up so much that they now make up 23.9% of the ETF. Here's why that concentration can be a red flag for risk-averse investors who prefer more diversification, and whether the ETF is still a good buy now. Continue reading
Nvidia (NASDAQ: NVDA) has conquered much of the world with its graphics processing units (GPUs) for artificial intelligence. These powerful AI chips drive the most crucial of tasks, such as the pouring of information into large language models -- and later, the models' process of problem solving. The sooner AI customers develop their platforms, the sooner they can monetize them. And that's why the...
Nvidia (NASDAQ: NVDA) has conquered much of the world with its graphics processing units (GPUs) for artificial intelligence. These powerful AI chips drive the most crucial of tasks, such as the pouring of information into large language models -- and later, the models' process of problem solving. The sooner AI customers develop their platforms, the sooner they can monetize them. And that's why they've rushed to get in on the fastest chips on the market -- those of Nvidia. All of this has generated record growth and revenue levels for the chip giant. For example, in the latest full year, revenue soared 65% to more than $215 billion. But one key customer has been absent over the past year. And that's the Chinese customer. This is due to U.S. export controls on these high-performance chips, keeping Nvidia out of China. Continue reading