Evercore ISI senior managing director and head of technical analysis Rich Ross joins 'Making Money' to explain why investors must own semiconductor stocks and identify key market opportunities. 00:00 The 30-year bull case for semiconductors 01:06 Will Fed rate hikes impact the tech trade? 01:50 The most important chart in the market 02:38 Technical analysis: Lam Research (LRCX) 03:30 Bloom Energy and the AI power trade 04:35 Relative strength in Lumentum and Micron 05:55 Why Caterpillar is an AI play
The UAW and Deere are barreling toward a contract clash as Big Labor seeks to capture some of the immense wealth being created by the AI boom . Why it matters: Old-school equipment makers like Deere and Caterpillar suddenly find themselves swept up in a sales-and-stock boom tied to AI, as data center developers gobble up bulldozers, excavators and other construction machines. The big picture: Union leaders have already been agitating against the AI giants, calling for labor protections and bashing billionaires for seeking to replace workers. - "You're either with workers or you're with millionaires," AFL-CIO president Liz Shuler told Axios in June. "There's just been a dearth of leadership in terms of elected officials really…
True Value Hardware, the Chicago Bears, and a growing roster of major employers have packed up and left Illinois for Indiana, extending a corporate exodus that President Trump warned would only accelerate. True Value Hardware, a company rooted in Illinois since 1948, is relocating its headquarters to Fort Wayne, Indiana, after filing for bankruptcy in […] The post Illinois becomes the next high-tax state hemorrhaging businesses to friendlier neighbors appeared first on American Almanac .
True Value Hardware, the Chicago Bears, and a growing roster of major employers have packed up and left Illinois for Indiana, extending a corporate exodus that President Trump warned would only accelerate. True Value Hardware, a company rooted in Illinois since 1948, is relocating its headquarters to Fort Wayne, Indiana, after filing for bankruptcy in 2024 and being acquired by rival Do It Best. The move cost Illinois hundreds of headquarters jobs and the tax revenue that came with them. The company cited long-term stability and a need for a more business-friendly environment, a polite way of saying Springfield's tax-and-regulate approach finally drove out a firm that had stayed put for more than seven decades. True Value is not alone.…Open
Indiana Gov. Mike Braun joins NewsNation as the Chicago Bears consider a potential move across the Illinois border, as Indiana officials are offering support for a proposed multibillion-dollar stadium project. The possible relocation comes amid broader concerns about taxes and business climate in Chicago, with several major companies — including Boeing, Citadel and Caterpillar — having moved out of the area in recent years. "On Balance with Leland Vittert" takes a critical look at some of the day's hottest subjects.
