Asian chip stocks slide as China competition fears rattle AI trade

Mortgage rates are still softening as markets continue to digest the less-than-stellar June jobs report. The average interest rate on a 30-year, fixed-rate mortgage ticked down to 6.36% APR, according to rates provided to NerdWallet by Zillow. This is two basis points lower than yesterday and four basis points lower than a week ago. (See…

Five years after launching Cyndeo Wealth Partners from UBS, Matt Kilgroe returns to the podcast to discuss what happens after independence. Rather than focusing on the transition itself, Louis and Matt explore the next phase of growth: scaling an advisory business, attracting talent, developing niche expertise, taking on outside capital, and building an enterprise designed…

Some of the most prominent carriers are overhauling their offerings for travelers in the main cabin. Here’s what to expect.

Self-employed individuals with no employees can open a solo 401k and contribute as both employee and employer: the full annual 401k limit on the employee side plus a percentage of business profits on the employer side. The combined ceiling far exceeds what an IRA allows and can significantly reduce your taxable self-employment income. Source

Novo Nordisk (NVO +1.78%) fell by 29% over the last 12 months, and that’s making investors antsy about the company’s next three years. It’s clear that it won’t be able to coast on its earnings from sales of Ozempic. Let’s chart out Novo’s path over the next three years to see where its stock will…

Key insight: CSI has purchased Qolo, a commercial payments fintech, to bring its technology to community banks. Expert quote: “Businesses now measure their bank’s treasury tools against the software they already run everywhere else.” CCG Catalyst’s Paul Schaus Forward look: Qolo will continue to support its existing and active bank customers, according to a company…