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Written by Matthew Gutierrez and Shawn O’Malley
Aside from Tesla, the Magnificent 7 keep on keepin’ on.
Specifically, semiconductors like Nvidia. The semis ETF — ticker: SOXX — has gained more than 825% over the past 10 years, further evidence that semis are the modern world’s equivalent of oil.
Meanwhile, Tesla is reeling after posting its slowest quarter of growth since Q2 2020.
— Matthew & Shawn
Here’s today’s rundown:
Today, we'll discuss the three biggest stories in markets:
How Warren Buffett’s investments have caused angst in Japan
Could a liquidity boom be a precursor to strong returns?
UPS to cut 12,000 jobs, adjust strategies in ‘24
All this, and more, in just 5 minutes to read.
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POP QUIZ
How many packages does UPS deliver every day? (Scroll to the bottom for the answer!)
Chart(s) of the Day
