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The sharp sell-off in U.S. stocks is putting added focus on the valuations of tech stocks such as Nvidia (NVDA) and Microsoft (MSFT), which have driven the market higher for much of the year.Despite the recent sell-off, the S&P 500 tech sector is trading at 29.5 times 12-month earnings forecasts, near the 20-year high it hit earlier this month. The broader market is also historically high, with the benchmark S&P 500 index trading at 20.7 times forecasts, above its long-term average of 15.7, according to data from LSEG Datastream.”The market today is pretty expensive for us on a broad level,”…

Subscribe now using your favorite service: If you’re new to travel advisors, check out this episode of Trade Secrets, packed with advice on everything from starting your business to attracting clients to prioritizing destinations for your family vacation. Co-hosts Emma Weissmann and Jamie Biesiada are joined by Bill Coyle, vice president of agent engagement at KHM Travel Group, to answer listener questions on this topic and more. This episode is sponsored by Iberostar Hotels & Resorts. Theme song:Sock Hop by Kevin MacLeod (Licensed)See omnystudio.com/listener for privacy information.Credit: 2024 Jen MartinsResources and related materials mentioned in this episodeConnect with KHM Travel…

Downward angle icons Icons in the shape of a downward angle. Magura V5 maritime drone, Neptune anti-ship missile, SeaBaby drone. Getty/Wikicommons Ukraine has used several innovative naval technologies to attack Russia’s Black Sea Fleet. The Magura V5 maritime drone, Neptune missiles, and SeaBaby naval drones have proven essential to Ukrainian warfare efforts. Here we take a closer look at each innovation. Since Russia launched a full-scale invasion in February 2022, Ukraine has inflicted heavy damage on the Russian Black Sea Fleet.Ukraine does not have a traditional navy and seemed destined to struggle at sea if war broke out.But a range…

Altcoin market enters re-accumulation phase, traders sayCrypto traders are suggesting that the altcoin market has entered a “re-accumulation phase” and may be heading towards “phase two of the cycle” after recapturing key support areas. Independent crypto trader Maggs noted on July 25 that altcoins have only risen 58% since exiting a 525-day long accumulation phase.The accumulation phase is characterized by a market bottoming, where prices reach local lows and stabilize. This phase has been marked by a 33% drop in the TOTAL2 index, which tracks the market capitalization of all cryptocurrencies except Bitcoin, since March 11. During this period, investors…

KUALA LUMPUR: The number of establishments in Malaysia stood at 1.09 million in 2022, up 2.5 per cent year-on-year, with total output reaching RM3.85 trillion, according to the Department of Statistics Malaysia (DoSM). Chief Statistician Datuk Seri Mohamed Uzir Mahiddin said the Bureau of Statistics India’s Economic Census 2023 report released today revealed that total output across economic sectors grew by 6.4 per cent annually. “The increase was mainly due to strong growth in the manufacturing sector, which rose 7.5% to RM1.89 trillion from RM1.14 trillion in 2015.” “Growth was driven by the petroleum, chemical, rubber and plastic products sub-sectors,…

Both Qatar and Bahrain restored ties in April 2023 after a regional crisis in 2017. Qatar has welcomed Bahrain’s ambassador to the country for the first time since the 2017 Gulf Cooperation Council crisis, marking another major step towards improving ties after a rift. Qatar’s Minister of State for Foreign Affairs Sultan Al Muraikhi received the letters of credentials of Bahrain’s new ambassador, Mohammed bin Ali Al Ghatam, the Doha Foreign Ministry said in a statement on Sunday. “[The] “The Deputy Foreign Minister wished the Ambassador every success in his mission and assured all possible support in advancing bilateral relations…

Last fall, college junior Caleb was offered a summer internship at a mid-sized tech company. It wasn’t his dream job, but in a volatile market for computer engineering majors, it was better than nothing, so he accepted. And then he continued applying to more internships in hopes of landing a better job.This spring, he got what he wanted: an internship with more interesting work at a more established company than the offer he’d already accepted.But what about the first company that was due to host him in the coming months?Caleb wrote the company’s recruiter a quick email thanking them for…

This may seem like an odd title coming from CrowdComms, a leading event technology provider. Technology has undoubtedly revolutionized the way we connect and engage at events. From streamlining logistics to fostering year-round engagement, technology has transformed the game and created a more efficient experience. But despite these digital advancements, the true heart of a successful event is its attendees.Why people matterThink back to the most memorable event you’ve ever attended: Was it the cutting-edge app that impressed you, or the warmth of the interaction, the human energy, and the attention to detail that you felt from the moment you…

TDT | Manama Daily Tribune – www.newsofbahrain.com The Urban Planning and Development Authority detailed land use in each of the Kingdom’s provinces in a comprehensive report published on its official website. According to the latest data, agricultural area accounts for 3.02 percent of Bahrain’s total land area, while investment area accounts for 3.03 percent. Industrial zones occupy 4.37% of the land area, commercial areas only 0.41%. Public services and infrastructure occupy 8.89% of the Kingdom’s territory, while Ministry of Housing projects account for 3.90%. Large-scale developments, classified as special project areas, account for 33.14% of Bahrain’s…

Cash crash: Changes in housing market cause cash offers to plummetRemember the frenzied housing market during the pandemic, when investors with deep pockets flocked in and bought homes with loads of cash?Now, things are starting to calm down. A recent Realtor.com report found that cash purchases by investors fell to 64% in the first quarter of 2024. That’s a big change from the second half of 2021, when 69.7% of investors paid cash to win bidding wars, and it’s the lowest percentage of cash buyers since 2008.do not miss it:This is great news for the average home buyer. If all-cash…