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Investors in a quandary over tech stocks
Everyone’s heard the old adage “don’t put all your eggs in one basket”. And you probably also know this is often applied to investment strategy. Unfortunately, the top 10 stocks in the US market, mostly technology companies, are now concentrated in major indices, like the S&P 500, to the highest degree in nearly five decades. While the performance of this handful of stocks has been terrific over the past 10 years, our next guest says that this concentration now presents a dilemma for investors going forward. Mike Switzer interviews Rob DeHollander, a certified financial planner in Greenville, SC.
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5:49
Drought triggers water restrictions for 6 million Southern California residents
Outdoor watering will be restricted to one day a week in parts of Los Angeles, Ventura and San Bernardino counties.
Read the Jan. 6 committee's report and recommendations for preventing another riot
The House committee released the full report on its investigation into the 2021 riot at the U.S. Capitol. Earlier the panel said it was referring former President Donald Trump for criminal charges.
For The Rubik's Cube World Champ, 6 Seconds Is Plenty Of Time
Competition was fierce at the Rubik's Cube world championship in Brazil. There was a 4-year-old and a category for those who do it with their feet. The overall winner needed less than 6 seconds.
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2:41
Staples Says It's Buying Office Depot For $6.3 Billion
Combined, the two office supply giants would have annual sales of some $39 billion. But their last attempt at a merger was blocked, back in 1996.
It's been 6 months since Evan Gershkovich's detainment in Russia
If convicted, he could face up to 20 years in a Russian penal colony. The Wall Street Journal says he’s a journalist, not a spy.
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5:45
Deshaun Watson is suspended for 6 games over sexual misconduct
The NFL confirmed the Browns quarterback is being suspended for violating the league's personal conduct policy following accusations of sexual misconduct made against him by two dozen women in Texas.
'The Perfect Couple' is 6 episodes of simple, soapy fun
Nicole Kidman stars in a juicy, nifty little end-of-summer mystery on Netflix — where the people are beautiful, the arguments are public and sloppy, the house is gorgeous and the drinks are bottomless.
After 6 Months, Popular Civil Rights Exhibit Set to Close
On August 9, decades of South Carolina history will be removed from public display, repackaged and placed in climate control storage at various libraries…
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14:47
Is Battle Fatigue Over? The Met Rehires A Banned Soprano
After 22 years away from the Metropolitan Opera, acclaimed soprano Kathleen Battle will return for a November concert of spirituals.
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