News Information and Media Site: Navigate The AI Selloff with Two Nvidia Alternative AI Stocks That Also Pay Dividends

Newsletter Aug 9, 2024

Navigate The AI Selloff with Two Nvidia Alternative AI Stocks That Also Pay Dividends

The ongoing price correction could be the beginning of a wider market upheaval.

The AI-driven market rally is facing turbulence due to weak U.S. jobs and Q2 earnings reports, rising geopolitical tensions, and uncertainty over how massive AI investments will translate into profits for investors and end-users. Despite significant gains, such as Nvidia's 700% increase since 2022, investors are becoming uneasy as companies like Alphabet and Amazon spend billions on AI without immediate revenue returns. This restlessness is compounded by concerns that tech giants may be rolling out AI products too rapidly for customers to fully understand or integrate into their business models.

The current market selloff may signify a broader downturn, leading to a critical period for investors who must remain calm and strategic. Companies like Amazon and Intel have seen share prices drop following underwhelming Q2 earnings, but they continue to experience high demand for AI services. Investors who believe in the long-term potential of AI may consider using the dollar-cost averaging (DCA) strategy to mitigate volatility and spread their investment activities over time, thereby lowering the average cost per share and minimizing the impact of market fluctuations on their portfolios.

Investors seeking income from AI stocks might turn to dividend-paying companies like Nvidia, Broadcom, and Microsoft. While Nvidia has led the market with its AI GPUs, its recent stock decline highlights the uncertainty around realizing returns from AI investments. Broadcom, with its significant role in AI chip manufacturing and strong dividend growth, and Microsoft, with its consistent dividend payouts and innovative AI products, offer potential opportunities. As these companies continue to develop and integrate AI technology, they may provide higher dividends and capital gains for investors in the future. (Full story)

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Temu Office Mobbed By Chinese Suppliers Over 'Unfair' Refunds Of Western Customers

Thousands of small business owners recently protested at Temu's Guangzhou headquarters, accusing the online retail giant of imposing crippling financial penalties and unfair return policies. The demonstrators, many of whom operate small enterprises on the platform, argued that these measures were devastating their businesses. The protest, which saw some individuals gain access to the offices, halted operations temporarily before law enforcement intervened. The controversy has highlighted growing resentment among Chinese merchants towards Western consumers, who are perceived as exploiting these lenient return policies. Temu, a subsidiary of PDD Holdings, acknowledged the protests and is reportedly working on resolving the issues with the affected merchants, though tensions remain high as disputes continue. (Full story)

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'Americans Are So Broke And They Don't Even Realize It' - Mexican TikToker

In a recent TikTok video, influencer Angel De La Rosa ignited debate by asserting that Americans are worse off financially than they realize, even compared to Mexicans. Despite lower wages, Mexico's significantly lower cost of living allows many to maintain a comfortable standard of living, while Americans, burdened by soaring expenses, struggle to make ends meet. De La Rosa highlights the stark contrast between the two countries, emphasizing that while many Mexicans own their homes and cars, a growing number of Americans are trapped in debt, living paycheck to paycheck. His video, which challenges common assumptions about financial well-being, has resonated widely, garnering significant attention and sparking conversations about economic disparity and the true cost of living. (Full story)

Influencer Slams Tyre Shops That Overcharge 'Desperate Clients' For Used Tyres - 'Go To Walmart!'

TikTok influencer Robert Montalvo, known as @Robbthecarguy, recently called out second-hand tire shops for exploiting desperate customers in a July 15 video. With over 37,000 followers, Montalvo shared his frustration after comparing prices for 20-inch tires for his Dodge Ram, finding that used tire shops were charging $70 for replacements he deemed overpriced, while new tires were priced at $175 each, excluding additional fees. Frustrated by these inflated costs, Montalvo ultimately purchased tires from Walmart for a more reasonable price of $103 each. His critique resonated with many viewers, who agreed that used tire prices have become exorbitant, and highlighted the importance of comparison shopping for better deals. (Full story)

Teacher Quits After Her Heart Surgeon Says He'd Never Do Her Job - ' It's Too Stressful!'

An American secondary school teacher recently went viral after revealing that her heart surgeon advised her to quit her job due to the overwhelming stress of her profession. Despite her dedication to teaching for seven years, the intense pressure led to serious health issues, including palpitations and fainting, ultimately resulting in a diagnosis of hypertension caused by anxiety. The teacher shared her story on Reddit, highlighting the surgeon's surprising advice, which underscored the severe impact of teaching on her well-being. This revelation prompted her to reconsider her career, echoing the struggles many educators face due to low wages, long hours, and emotional burdens. While some teachers have found new career paths that offer better work-life balance, the decision to leave teaching remains deeply personal and challenging, as illustrated by the teacher's poignant reflection on her situation.

(Full story)