Pfizer (NYSE: PFE) is offering a dividend yield of roughly 6% today. That is well above the roughly 1% yield on offer from the S&P 500 index (SNPINDEX: ^GSPC) and the 1.4% average yield of pharmaceutical stocks. There are good reasons for the negative view of Pfizer, but investors may be ignoring the company's over 100-year history of success. Here's why you may want to consider buying this out-of-favor dividend stock while others are fearful.
Pfizer's stock rocketed higher during the coronavirus pandemic, as investors myopically focused on the company's COVID vaccine. When COVID turned out to be a less serious long-term threat than originally believed, Wall Street dumped Pfizer. At this point, the stock is down more than 50% from its 2021 high. That is a big part of the story behind the high yield.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
However, there's another piece that is more fundamental to the pharmaceutical industry. Like all drug makers, Pfizer's drugs receive time-limited patent protections. When patents expire, generic versions of the medications can be produced. That generally leads to a dramatic decline in revenue from Pfizer's drugs. Right now, Pfizer is facing down some notable patent expirations. This is a completely normal dynamic in the pharmaceutical sector.
Patent expirations are why drug companies are always on the lookout for new drugs. The problem is that patent expirations follow a set schedule, but drug development does not. Pfizer's drug pipeline isn't producing major new drugs right now, and it looks like it may have to work through a period in which new drugs won't fully offset revenue lost to patent expirations. This isn't uncommon, either, but investors are likely focusing on the short term rather than the long term when it comes to Pfizer.

#patent #yield #drug #expirations

After years in the limelight as professional tennis stars, Steffi Graf and Andre Agassi now live a low-key life in Las Vegas.
While Andre keeps his fans updated on social media, his wife rarely makes an appearance. So, when she cropped up on Andre's Instagram recently, fans couldn't believe their eyes.
Andre shared a photo dump of memories and eagle-eyed followers quickly honed in on one particular image featuring Steffi.
They've built a very happy life together (@ Getty Images)
In the shot, Steffi, Andre and their daughter, Jaz, were chatting to former French tennis professional Yannick Noah, who appeared to be making the family laugh.

#vegas

Former Bachelor Australia star and fitness coach Sam Wood will remain in jail after he was denied bail over alleged domestic violence offences.
Wood was arrested on Saturday at a beachfront property on Queensland's Sunshine Coast, and later charged with domestic violence ***** ault and strangulation.
His lawyer told the court on Thursday Wood may argue he acted in self defence during a family fight, but stressed he denies the strangulation charge.
The 46-year-old rose to fame in the 2015 season of the reality TV show and later became the public face of a popular online home fitness and nutrition brand, 28 by Sam Wood - from which he was dumped after his arrest.
Wood - who lives in Melbourne but was on holiday in Noosa - appeared via videolink at Maroochydore Magistrates Court where he applied for bail after five nights in custody.

#Fitness #violence #strangulation #former

By Alun John, Harry Robertson and Sara Rossi
LONDON/MILAN, Oct 7 (Reuters) - Traders have turned more discerning following a bond market rout, dumping the debt of European countries they deem the riskiest and rushing to safe-haven Germany.
The moves highlight a new hierarchy in the ever-evolving rankings of European debt.
France, once a beneficiary of a flight ‌to safety, has been hit by selling. Previously shunned Italy and Britain are less exposed but still fragile, while Dutch and Swiss debt have rallied alongside Germany.
"We've seen bond ‌vigilantes come out in force," said Man Group Chief Market Strategist Kristina Hooper.

#germany #bond

Justin and Hailey Bieber's toddler son, Jack Blues, made a cameo in his father's pictures from the family's recent outing at a zoo. On October 3, the Canadian musician took to his official Instagram page to share a glimpse into his family life with his fans. This included pictures from his roaring-good adventures with his son.
Justin Bieber posted a new carousel of photos, bringing fans along for his adventures with son Jack Blues and their furry friends at the zoo. The cover photo captured Jack holding his dad's hand while they hung out with kangaroos. The Company crooner fed a baby kangaroo out of the palm of his other hand.
Bieber wore an off-white tee and white shorts, paired with a camouflage bucket hat and sporty sunglasses. Meanwhile, his son sported a ribbed white tank top and green shorts. The 12th slide showed Hailey Bieber holding her son in her arms as they fed a leaf to a giraffe. The Rhode founder wore a red baseball hat with her loose hair falling down her back. He captioned the photo dump with a single lip emoji.
In September, the 32-year-old shared adorable father-son moments on Instagram as the little one held onto his father's hand. He was wearing a green hoodie with relaxed trousers, while Jack Blues was dressed in a blue tee, denim, and a cerulean blue hat. In the caption, there was a single red heart.
The couple celebrated their son's second birthday on August 22. To celebrate the milestone, the runway star shared a carousel of photos featuring many sweet moments from the life of the family of three. She also included a clip of Jack Blues playing golf. He was wearing graphic-printed trousers and a matching full-sleeved tee as he swung the little golf club.

#jack #bieber #white #family

Tiffany Trump's toddler son Alexander is adorable in new photos with his mom. The youngest daughter of President Donald Trump took to Instagram on October 1 to share a carousel of photos to mark the end of September. It included a few pictures from her recent trip to India and snaps from the state dinner at the White House.
Tiffany Trump flaunted a full-glam look in the cover photo of her carousel. She wore a fluffy white robe as she smiled at the camera, with her long blonde hair styled in loose waves. The second slide captured her standing in Central Park holding her toddler son, Alexander, in her arms. She wore a dark brown leather jacket, jeans, and brown suede buckle boots. Meanwhile, Alexander was dressed casually in a white shirt, light pants, and white slip-on shoes.
In another picture, Alexander stood cheerfully in front of a custom-built, light-blue playhouse labeled with his name above the door. The little boy wore a light-blue striped polo, white shorts, and navy shoes, raising both hands with a big smile. The house featured a dark blue front door, white trim, small shutters, and flower boxes filled with blue hydrangeas.
The 32-year-old also shared a cute snap of the toddler running indoors wearing only a diaper and her father's necktie draped loosely around his neck. The black-and-white picture captured the 16-month-old mid-run with a big grin on his face.
Additionally, the dump included a family portrait of Tiffany Trump, Michael Boulos, and their son, Alexander. It was from their trip to Mumbai, where they attended the Ambani family's lavish Ganesh Chaturthi celebration. In the picture, the couple was all smiles, with the toddler sitting in his father's lap. The little boy wore a bright red top and white pants, while his mother wore a beautiful lehenga.

#toddler #picture

A newlywed groom is in less hot water than you'd think after saying the name of his new bride's sister at the altar by mistake.
On Sunday, September 20, TikTok user emmagraceshay posted a cringe-worthy video from her wedding day in which her now-husband is vowing to take his new bride in sickness and in health, only to make a pretty legendary gaffe.
During the moment, he calls his wife "Emily Grace Pumfrey," forcing her to quickly correct him because her name is actually Emma. While it's not exactly a difficult slip-up to go from "Emma" to "Emily," even in a high-stakes moment like a wedding, the caption of the video reveals the most shocking part of the whole ordeal.
"Plot twist: It's my sisters name. Still not over being called Emily at the altar," Emma wrote.
Since posting the video, it has gained millions of views and plenty of opinions from people who watched it, with many saying they would have stopped the entire wedding and dumped the man right then and there. Meanwhile, others note the good humor with which the bride took the blunder, as she's seen in the video laughing as she corrects her fiancé.

#moment #september

No matter how well you plan for retirement, there are surprises that could throw you for a loop. The stock market might crash unexpectedly. Your healthcare costs might increase. Or, worse yet, you could end up needing long-term care at some point.
But one hiccup you should know to plan for is inflation. Over time, the cost of living is likely to rise. And if you aren't prepared, you could easily end up losing out on buying power. These two adjustments to your retirement plan could help you avoid that fate.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ******* ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
It's fairly common for retirees to reduce their stock holdings to minimize risk in their portfolios. But while it's OK to de-risk to some degree, you don't want to dump your stocks completely. Doing so could cause your portfolio to trail inflation, leading you to lose buying power and putting your savings at risk of being depleted.
If you're not comfortable holding individual stocks in retirement, buy shares of an S&P 500 exchange-traded fund (ETF). This effectively gives you exposure to the market. Or load up on dividend ETFs that generate steady income.

#plan #market

The U.S. Attorney's Office for the Southern District of New York filed a civil forfeiture complaint on Sep. 14 seeking approximately $61 million in cryptocurrency linked to black-market sales of Iranian crude oil.
According to the DOJ, the funds were allegedly meant to support the Iranian government and its military, including the Islamic Revolutionary Guard Corps, or IRGC. The U.S. government has designated the IRGC as a terrorist organization.
A civil forfeiture complaint is a legal action in which the government seeks to seize money or property it believes was involved in or resulted from criminal activity. It is not a criminal charge, the allegations are not proven until a court rules in the government's favor.
Related: Cathie Wood dumps $65 million in crypto ahead of CLARITY vote
The complaint alleges that two Chinese companies, Blessed Trust and Hexa Whale, used trading accounts at Binance to launder proceeds from sanctioned Iranian oil sales. Binance is the world's largest cryptocurrency exchange by daily trading volume.

#government

As expected after Atlanta waived him last week, point guard Devin Carter has agreed to terms and will join the Boston Celtics in training camp, reports Michael Scotto of Hoopshype.
Boston has its 15th roster spot open and the cap ****** e to add another player, but Carter also has two-way eligibility. How things go in training camp may determine his status, although the more likely outcome is that he starts the season on a two-way and that contract may convert to a standard one.
Carter, a lottery pick out of Providence, played his two NBA seasons with the Kings (who traded him to Atlanta this summer in a salary dump). Due to a variety of injuries (shoulder, ankle, calf and back), Carter played in 74 games across those two seasons, and last season averaged 8.9 points per game when he did get on the court.
Carter needs to answer two questions in Celtics training camp. First, can he stay healthy and on the court? Second, has he improved his 3-point shooting? Carter has shot 27.4% from beyond the arc in the NBA, and Boston is a 3-point-happy team under Joe Mazzulla, Carter needs to show he can be part of that.

#carter #played

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Europe's AI winners spent Monday discovering how quickly momentum can work in reverse, as investors dumped the semiconductor companies most exposed to the infrastructure boom behind increasingly powerful models.
ASML lost more than 5% while French semiconductor-materials specialist Soitec fell roughly 13%, showing that the same AI exposure that had recently justified higher forecasts and valuations can become painful when investors start questioning the pace of future spending.
The sell-off followed calls from some of the most prominent figures in artificial intelligence for a more cautious pace of frontier-model development, with concerns focused on the risks created as systems become more autonomous and capable.
That was enough to trigger a global unwind in the companies most closely ****** ociated with AI infrastructure. In Europe, ASML fell about 5.2%, ASM International dropped 8.7%, Infineon lost 7.6% and Soitec was the worst performer in the Stoxx 600 with a decline of roughly 12.6%.

#asml #investors #semiconductor #fell

Tom Sandoval became a household name because of Vanderpump Rules, but these days, he has gained the most attention for his very public split from his ex, Victoria Lee Robinson. Now, a recent report claims that the TV star has put his romance on ice after dumping his girlfriend.
According to TMZ, the 43-year-old actor was recently interviewed outside a pre-Emmy party in Los Angeles. During the conversation, Tom Sandoval said that his current focus is reconnecting with the people closest to him.
During the interview, the interviewer asked Sandoval about his dating plans and whether he planned to date anyone. However, he did not give a direct answer and instead named some of his friends with whom the TV personality has been spending time.
Tom also teased what he is preparing to do next, including his music, a Netflix survival show, and whether he would ever consider joining The Valley, a reality show.
Tom Sandoval and Victoria Lee Robinson had been friends for quite some time before they began dating in 2023. In 2024, the ex-couple publicly confirmed their relationship on Instagram. Reports suggest that in October 2024, the 34-year-old model moved in with the Vanderpump Rules star along with her father and four cats. At the time, Victoria Lee Robinson and her father reportedly had no jobs, so Sandoval covered all the household expenses.

#sandoval #Victoria

This may come as somewhat of a shock, but the White Sox lost again Friday night. I know, who could've seen it coming that the team that has looked like a dumpster fire since late August would once again do everything possible to lose a game.
I don't even know how to feel, but I do know I feel numb. Just another game where the White Sox gave false hope, had plenty of opportunities to grab the win, and instead tripped over their own feet and got caught with their pants around their ankles.
It's usually a great sign to get a homer on the first pitch of the game, which Chase Meidroth did later than usual thanks to a 70-minute "rain delay" to start the game. That was followed by a Randal Grichuk double, six total bases on three pitches that got fans hopeful that the team wouldn't completely choke. Unfortunately, the starting burst was followed by a weak ground out and two awful at-bats that ended in strikeouts.
Say I'm a pessimist or "not a real fan," I don't care; anybody that's been following this team lately with a pulse knew what kind of game we were in store for. It was at that time I started checking the score of the Cleveland Guardians, game knowing what was bound to happen. Like a fool who believed in the White Sox, I also believed that maybe the Guardians wouldn't pull a win out of their hat late.
As we kept our eyes on the Cleveland score, the White Sox immediately gave back a run in the first. They never like holding a lead for long, and what are the White Sox if not predictable?

#white #don 't

I want to start by first giving credit the owner of this site, Mike Rutherford. I promise I'm not being a brown noser as I want to give Mike credit for calling exactly how this game would go. All week he said that he imagined this game would get off to an annoying start and it would take at least the first quarter for the team to wake up. I don't like giving flowers to others, but that's exactly how the game went.
The offense sputtered on their first drive, in what really should have been an opening 3-and-out, saved by a questionable roughing the passer penalty. And Villonva had no trouble marching down the field on easy screen and dump passes.
But even after Lincoln Kienholz's back-to-back misses to Jaleel Skinner, Kienholz found him on the next drive for a sensational TD by the big guy. This was, of course, after he had scampered for his second rushing touchdown of the season.
JALEEL SKINNER TO THE 🏠 LouisvilleFB pic.twitter.com/VXrtPgmXWb
But what followed was the most frustrating and disappointing part of the game when Villanova scored 2 plays later on a 65-yard strike by Pat McQuaide. I should mention that McQuaide played a great game as he went 18/31 for 166 yards and a touchdown.

#game #first #mike #start

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Credit: Peacock
Actor Zac Efron grew up before our eyes, becoming a household name thanks to starring in the High School Musical movies (which are streaming with a Disney+ subscription). But in recent years his younger brother Dylan Efron has also become a celebrity, largely thanks to winning The Traitors Season 3 and showing off his fitness on Dancing with the Stars. Zac's own fitness is the stuff of legend, and recently his trainer posted a photo showing off his huge bicep. Naturally, Dylan took to social media to drop his own very buff photo dump.
Dylan Efron's star power has been steadily growing in recent years. After The Traitors (streaming with a Peacock subscription), he also competed on Dancing with The Stars. Not one to be left of out of thirsty discourse, Efron posted on Instagram, including some shirtless pictures on a boat. Check it out for yourself below:
Holy abs. I guess there's a reason why Dylan Efron was nominated for ******* iest Man Alive, because he's looking absolutely ripped. And who doesn't love a little healthy competition between two famous brothers? We'll just have to wait and see if Zac posts his own set of ab-oriented photos in response.

#peacock #stars

College life looks good on Isabella Strahan who appears to be embracing everything California has to offer after leaving New York to start her studies at USC.
The 18-year-old daughter of GMA anchor, Michael Strahan, gave fans a sneak peek into her new life with a photo dump from her first few weeks there - and it looks heavenly.
In addition to snapshots of her posing on the beach, and enjoying a night on the town with her new friends, Isabella also added an image of them at a luxury spa.
The teen relaxed in a bath at the Alo Wellness House in Beverly Hills and added the caption: "Recently in Socal," along with a heart emoji.
She was inundated with comments from her fans and her friends who confessed they were "missing you Bella," and said that "socal looks perfect on you".

#fans #college

The Tigers needed some of their big names to get it together and win them a game. Framber Valdez answered the call with seven shutout frames on Saturday, while Riley Greene homered twice and drove in four in a four-hit game. The bullpen only needed to go two innings to hold a 6-0 lead, and they did so with no trouble.
The Tigers already saw the weaker end of the Guardians rotation, so this was only going to get tougher on Saturday against Parker Messick, and then Gavin Williams on Sunday. With Framber Valdez going, the defense would need to be sharp, while Kevin McGonigle and Max Clark both got a needed day off against the left-hander.
Gleyber Torres and Hao-Yu Lee started the game off by striking out, but Riley Greene crushed a Messick cutter over the left center field wall for a solo shot and a quick 1-0 lead.
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Steven Kwan grounded out to Lee to start the bottom of the first. Angel Martinez dumped a little broken bat bliner between Spencer Torkelson and Javier Báez for a single. Báez, playing second, collected it but Valdez wasn't covering first expecting the ball in the air to be caught. Jose Ramirez lined out to Ben Malgeri in right field. Jo Adell got a bat broken as well but fouled off a 1-2 sinker in on his hands. A high fastball missed, but a good curveball whiffed him.

#needed #saturday #riley

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Credit: Warner Bros. Pictures
After Dolly Parton passed away on August 25, tributes came pouring in from celebrities, and many shared their favorite memories and advice from the legendary singer. Now, Queen Latifah has spoken about the sweet on-brand gesture that the Queen of Country Music made after a long day of shooting their movie together.
Back in 2012, Dolly Parton and Queen Latifah starred in the musical dramedy Joyful Noise, which is about two clashing women coming together to save their small-town choir from shutting down. After a long day of shooting, Parton did something for Queen Latifah that was great for the heart and stomach, as the Chicago actress explained on The Drew Barrymore Show:
I mean, we did a movie called Joyful Noise together. And we had so much fun. She wrote all these songs and she made me chicken and dumplings. After a day of work, who the heck has time to make chicken and dumplings for me? There's nothing [she can't do].

#latifah #joyful #noise

Warren Buffett, the former CEO of Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB), is one of the world's most famous investors. In fact, his long-term success as an investor earned him the nickname the Oracle of Omaha. So investors should pay attention when he issues a warning about elevated risk, as he recently did by suggesting there's a gambling mentality on Wall Street today. However, Wall Street's long-term history still has an important story to tell, too.
Buffett lamented that "we've never had people in a more gambling mood than now," in an interview with Fortune. He even invoked the notion of religious fervor, opining that Wall Street is like a church with a casino attached. That is a very negative view of the market environment, but it isn't unrealistic.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
After rushing headlong into cryptocurrencies, droves of people have now taken up prediction markets. Cryptocurrencies have no intrinsic value and are worth only what their owners are willing to pay. And prediction markets, by definition, have binary outcomes based on time-limited events. That predicting the outcome of a sports event (effectively gambling) can now take place at the same broker a person uses to buy stock in a company should be pretty shocking. And yet it is the norm today for many discount brokers.
However, even if you are as worried as Buffett, that doesn't mean you should dump your long-term investment approach. As the chart above highlights, the market has recovered after every bear market in history. In fact, the S&P 500 index (SNPINDEX: ^GSPC) has gone on to achieve new highs after every single downturn in history so far. It is highly likely that this trend will continue, even if investment risk is high today.

#wall #signal #long #even

Jennifer Aniston revealed the best advice she ever got was from Dolly Parton, who passed away on August 25.
The Friends alum shared what the late "Jolene" singer told her before her death while chatting with boyfriend Jim Curtis on September 2.
Aniston and Parton worked together on the 2018 film Dumplin'.
Jennifer Aniston is reflecting on her relationship with "dear friend" Dolly Parton following the country music icon's death on August 25. While chatting with boyfriend Jim Curtis on September 2, the Friends alum paid tribute to the late "Jolene" singer by sharing the words of wisdom that Parton gave her before her death at 80.
Dolly Parton and Jennifer Aniston on 'The Late Late Show with James Cordon' on December 5, 2018
Credit: Getty Images

#aniston #late

A crash, a penalty… what next? For a man who's just turned 20, Italian hotshot Kimi Antonelli has already endured a tumultuous relationship with his home grand prix: the electrifying, old-school Monza circuit, long christened Formula 1's Temple of Speed.
Two years ago, on the same weekend that Toto Wolff announced that then-F2 driver Antonelli would have the small shoes of Lewis Hamilton to fill in 2025, Antonelli took part in his first F1 session. On his second flying lap, full-send around the final high-speed Parabolica corner, the teen dumped his car violently into the wall. Then, in 2025, Antonelli crashed again in practice before receiving a penalty for track limits and running Alex Albon off the circuit.
Coming in the midst of a helter-skelter rookie year, Wolff acknowledged that Antonelli's ninth-place performance had been "underwhelming," urging his protege to "just free up." Fast-forward 12 months, Antonelli is potentially 11 races away from becoming F1's youngest-ever world champion. And on Thursday, he acknowledged he feels "very free mentally."
Yet Antonelli's chances of becoming the first home driver to win the Italian Grand Prix since Ferrari's Ludovico Scarfiotti in 1966 are slim, bordering on zero. The championship leader, 59 points clear at the top, will take a 20-place grid penalty this weekend as he exceeds his engine allocation for the season. Mercedes's thinking is that, with Monza's mammoth long straight, overtaking from the back of the grid will be easier come raceday. Still, it feels a shame to lose the budding romance of a potential first Italian winner in 60 years.
"In some ways, it makes me a bit more relaxed going into the weekend," Antonelli said in the FIA press conference. "That's why I'm going to be able to enjoy more the driving and the weekend itself. Also, it's a different opportunity.

#wolff #grand #home

Originally appeared on E! Online
Jennifer Aniston is grateful for her friends, especially one in particular.
A week after Dolly Parton died following a brief battle with cancer, the Friends actress shared the incomparable advice she received from the "dear friend of all of ours," who she worked with on the 2018 movie Dumplin'.
"One of her many, many, many, many incredible quotes, and they're endless," Jennifer said during an event at the 92nd Street Y in New York City Sept. 2, according to Us Weekly, "she would say, 'I chased a few rainbows and I caught some.'"
So, the 57-year-old repeated the advice, telling the audience, "Go chase your dreams and go catch some rainbows. You'll catch a few. [Dolly] did that, for sure."

#aniston

In the course of retirement planning, there are certain things you probably know to think about -- your annual budget, the cost of healthcare, and how to withdraw efficiently from your savings. But there's another important facet to focus on -- inflation.
Over time, living costs are likely to rise. And even modest increases during retirement could eat away at your savings. That's why it's crucial to have a plan to beat inflation. Here's what yours might look like.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Many people scale back on stocks as retirement draws near to reduce portfolio risk. But one thing you don't want to do is dump stocks completely.
You may not want to keep 80% of your portfolio in stocks. But a fairly even stock/bond split could offer the right combination of stability and continued growth, allowing your **** ets to outpace inflation and help you avoid losing buying power.

#Retirement #stocks #savings #Portfolio

The anonymous leaker behind CyberLeek has reportedly pocketed roughly $350,000, according to on-chain ***** yst Conor Grogan. The funds allegedly came entirely from liquidity fees rather than direct sales.
The withdrawal coincided with a sharp price decline for the CYBERLEEK meme coin.
Grogan stated on September 1 that the person behind CyberLeek withdrew the funds through various OTC providers, a route that converts digital ***** ets into conventional money without requiring large open-market token sales.
That structure differs meaningfully from a typical launch-and-dump scheme. Rather than offloading large CYBERLEEK holdings directly, the wallet tied to the project reportedly profited by collecting fees whenever other traders transacted in its liquidity pool.
Follow us on X to get the latest news as it happens.

#funds

It's crucial to separate two very different time frames, because they tell opposite stories. On a year-to-date basis, semiconductors still dominate: semiconductor ETFs like SOXX and SMH are up roughly 50% to 70%+, while the flagship software ETF, IGV, spent much of the year underwater, down double digits at points as investors dumped software on fears that AI would disrupt SaaS business models.
But on a month-to-date and recent-trend basis, the leadership has completely reversed. Over the past several weeks, software ETFs have sharply outperformed chip ETFs. In August alone, software crushed semiconductors in what ****** ysts called a record divergence. 58 of 61 major chip stocks fell while the software winners posted enormous monthly gains. If you're looking at the last month rather than the last year, software is winning decisively.
After a monster first half, chip stocks became expensive with some names trading at extreme forward multiples (Intel at one point traded near 79x forward earnings). Meanwhile, software had been sold off hard earlier in the year on AI-disruption fears, leaving many SaaS names historically cheap. When the growth is comparable but one side is pricey and the other is discounted, money typically rotates toward the discount.
The first phase of the AI boom was about building the infrastructure — the chips, the data centers, the memory. That phase overwhelmingly rewarded semiconductors. The market is now shifting to the next question: who actually monetizes AI? Increasingly, the answer points to the application and software layer — the companies embedding AI into enterprise products and charging for it. That thesis flows directly into software ETFs like IGV, SKYY, and WCLD.
Semiconductor indices had become historically top-heavy and crowded, with concentration metrics near record extremes. When a trade gets that crowded, it becomes vulnerable to a sharp unwind, exactly what the August sell-off in chips looked like. Investors took profits in their biggest winners and redeployed into the laggard.

#year #Semiconductors #chip #semiconductor

A deal potentially worth $120 billion would normally be the kind of announcement investors celebrate.
For Marvell Technology (MRVL), it produced the opposite reaction.
Shares of the chip designer dropped more than 8% to $221.60 in early trading Aug. 28, putting the company on pace to lose more than $17.4 billion in market value.
The company performed well. Management raised its revenue forecast, according to Reuters. **** ysts lifted price targets. Marvell has one of the biggest new artificial intelligence opportunities in the semiconductor industry in a custom-chip deal with Alphabet (GOOGL) subsidiary Google.
But Wall Street dumped the shares.

#chip #company #management

British number one Katie Boulter was dumped out of the US Open in the second round as she won just one game in a 58-minute demolition by Karolina Muchova.
The match, originally scheduled to be played on one of the outer courts, was moved to the 14,000-capacity Louis Armstrong Stadium after heavy rain in New York.
But fans who had counted themselves lucky to have gained a third match on their day session ticket may have been left feeling short-changed, as Boulter fell to a swift 6-1 6-0 defeat by the Czech seventh seed.
Francesca Jones had better fortune as she returned to win her first-round match against Poland's Magda Linette after it was interrupted by rain on Tuesday.
Boulter's serve let her down as she hit eight double faults and no aces, while she won just 33% of points behind her first serve.

#karolina

Paige Bueckers amused a lot of the Dallas Wings fans after she gave a witty nickname for her tandem with Jessica Shepard, who's been on a continuous rise this season.
With all the teams in the WNBA taking a break over the next few weeks because of the 2026 FIBA Women's World Cup in Berlin, Germany, it will allow plenty of players to just chill out and take a break.
That's when Shepard shared her August photo dump on Instagram on Monday, where Bueckers couldn't resist poking fun at their tandem in the comments.
"PB&J," Bueckers wrote, reacting to their photos together off the court.
Bueckers has been making life easy for Shepard this season thanks to her exquisite court vision and playmaking abilities that make her a worthy court general for the Wings.

#court #paige

When Greg Dortch signed with the Detroit Lions in March, he seemed destined to spend the duration of the 2026 season with the team.
At the time, he was seen as a one-for-one replacement for Kalif Raymond, the scrappy slot receiver and return specialist who had just defected for the Chicago Bears at the dawn of free agency.
He also had a history of working under new offensive coordinator Drew Petzing, who called the plays during the final three seasons of Dortch's tenure with the Arizona Cardinals.
Throughout training camp and the preseason, the 5-foot-7, 183-pound Dortch appeared to be the leading candidate for the fourth receiver role and was among the top players under consideration to serve as the Lions' primary punt returner. Then, just like that, he was dumped Sunday when the team trimmed the roster to 53 men.
After resurfacing on the Buffalo Bills practice squad earlier this week, he told a group of reporters he was blindsided by the Lions' decision.

#team #greg #raymond

Target (NYSE: TGT) has an incredible dividend history, with 50 consecutive annual dividend increases. That makes it a Dividend King, an elite group that not every company can join. Target has a strong business model that is executed well in both good times and bad. The company is currently working its way out of a bad time, but after gaining 66% in 2026, as of this writing, is there still any value left in the shares?
Target is a mass-market retailer, but it tends to focus on offering a higher-quality shopping experience. That generally means nicer stores, a more pleasant shopping environment, and higher prices than those of its main peer, Walmart (NASDAQ: WMT), which has an everyday low-price focus. As elevated inflation levels pressured consumers' budgets, Target was out of step with the market.
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As consumers shifted to lower cost competitors, its revenues and earnings fell. Investors dumped the stock with such vigor that it seemed to suggest a belief that Target would never be able to adjust. At one point, the stock was down nearly 70% from its 2021 high. But a company doesn't join the ranks of Dividend Kings by accident, and the retailer got to work on a turnaround plan. That plan began to bear fruit in 2026, leading to renewed market interest in the stock. In the first quarter, sales rose 6.7%, with same-store sales up 4.4%. The second quarter proved that it wasn't a fluke, with sales up 5.3% and same-store sales rising by 3.8%.
That 66% price advance is a very big move in a very short period of time. In fact, it has pushed the company's price-to-sales and price-to-earnings ratios above their five-year averages. That suggests the big value opportunity here is gone, but you have to keep in mind that the stock was deeply depressed due to weak financial performance. So the five-year averages could be skewed low.

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