Technology stocks benefit the most from low interest rates, conventional market wisdom says.
That’s because tech companies tend to promise future profit in exchange for present money. When rates are low, that proposition appears attractive because returns are low elsewhere. But when rates are high, those promises don’t seem as attractive as less risky returns from assets such as Treasurys.
The past two years have demolished this narrative. Tech has soared even as interest rates ha...

ChatGPT’s maker has hit a new milestone👇
OpenAI has cemented its place as one of the top three most valuable private companies in the world.
According to Bloomberg, the company is in talks to raise $6.5B at a staggering $150B valuation.
Earlier this year, the company allowed employees to sell stakes in a tender offer that valued OpenAI at $86B.
Today’s valuation reflects a remarkable 74% increase since February.
At $150B, OpenAI now sits just behind SpaceX and ByteDance, the parent company of T...

September - the notoriously volatile month see the market sell-off since the 1st trading day of the month.  The CPI data released yesterday shows that inflation eases to 3-year low. Notwithstanding, the core inflation is still stubbornly above the FED's inflation goal of 2%. Hence, market is now expecting a rate cut of 25 bps instead of a larger rate cut in September.
I started to build my dividend portfolio in August 2024 with the view that a rate cut, albeit small or big, wi...