Semiconductor industry investors aren’t complaining about portfolio performance – not when chip stocks continue to generate solid returns for investors in the first quarter of 2024. The benchmark iShares Semiconductor ETF (ticker: SOXX) is up 21.9% year to date as of March 22, compared with 19.5% for the S&P Global Semiconductors Index. Over the past … Read more
On Feb. 28, long-serving Senate leader and longtime marijuana opponent Mitch McConnell said he’ll step down from his position and help select a replacement in November. In the legal marijuana industry, he is best known for holding up passage of a 2022 bill that would have allowed the cannabis sector to access the banking system … Read more
Optimism is rising over the U.S. initial public offering market after a couple of years of significant decline. There were 128 U.S. initial public offerings in 2023, with a cash value of $22.6 billion, according to Ernst & Young. Although it was a slow year for IPOs compared with 2021, it was a step up … Read more
Financial fraud is as prevalent today as it was over 100 years ago, when the Italian con artist Charles Ponzi was swindling investors out of their fortunes in one of the earliest high-profile financial scams ever recorded. With the next recession or economic downturn in the back of investors’ minds, law enforcement officials are on … Read more