One of the key highlights from the latest trading session was the tech earnings parade, particularly Marvell Technology. The stock surged by approximately 8% after hours following a stellar quarterly report that surpassed revenue expectations. However, it’s worth noting that Marvell is still down by 18% from its peak in March, although it has seen
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As fall approaches, many career experts speculate that there is a “September surge” in job postings. This surge is believed to be a result of job recruiters and hiring managers returning from vacation after a summer slowdown. The idea is that with more people back in the office, there are more job opportunities becoming available.
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In a surprising turn of events, airlines that were once eagerly awaiting new aircraft are now pulling back on their spending due to financial constraints. Cash-strapped budget airlines, facing challenges in achieving steady profitability, are postponing billions of dollars worth of new aircraft deliveries. This shift in approach has been triggered by the need to
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The Food and Drug Administration recently authorized Novavax’s updated protein-based Covid vaccine for emergency use in individuals ages 12 and older. This decision opens the door for Novavax’s vaccine to rival those produced by Pfizer and Moderna in the upcoming fall and winter seasons. Novavax’s vaccine specifically targets the highly contagious omicron subvariant JN.1, which
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Warren Buffett, the legendary investor, turned 94 on Friday, marking another milestone in his illustrious career. Berkshire Hathaway, the conglomerate he built, reached a record market capitalization of over $1 trillion this week, highlighting Buffett’s exceptional skills and strategic vision. According to Howard Marks, a prominent investor and friend of Buffett’s, three key factors have
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Many investors are well-versed in the concept of asset allocation, but what about asset location? Financial advisors suggest that where assets are held can have a significant impact on after-tax returns, especially for wealthier investors. Despite this, many individuals fail to give sufficient attention to the tax implications of their investment decisions. Asset location involves
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