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☆ 'Don't end up in a lopsided portfolio.' Here's what advisors say to do if you’re worried about tech exposure
▼ + stars: | 2022-10-31 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Investors who are worried about the tech sector can take comfort in the fact the current shift is not the same as the bust of 2000, according to Raymond James chief investment officer Larry Adam. watch nowThe biggest names in the pure tech sector — Apple , Microsoft and Visa — make up more than 45% of earnings in that space, according to Adam. Alphabet and Meta , which are technically in communication services, represent 53% of the earnings in that sector. "It's always about making sure you don't end up in a lopsided portfolio," Viktorin said. For example, someone who works in tech is already taking on substantial risk outside of their portfolio because their income is dependent on the sector, Viktorin said.

☆ Stocks making the biggest moves midday: Harley-Davidson, Visa, Microsoft, Biogen and more
▼ + stars: | 2022-10-26 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Harley-Davidson — Shares of the motorcycle company climbed 13% after Harley reported quarterly earnings beat top- and bottom line estimates. The per share loss was 0.99 euros per share on 3.04 billion of euros in revenue. Analysts surveyed by Refinitiv were expecting a loss of 0.85 euros per share and 3.02 billion of euros in revenue. Visa reported earnings of $1.93 per share on revenue of $7.79 billion. CMG reported revenue of $2.22 billion versus the $2.23 billion expected by analysts surveyed by Refinitiv.

☆ Malta is the only EU country that still sells 'golden passports.' Here's what the controversial immigration schemes are and why the EU wants to ban them.
▼ + stars: | 2022-04-26 | by ( Hannah Towey | ) www.businessinsider.com time to read: +5 min

The Russia-Ukraine war triggered a crackdown on "golden passport" schemes across Europe. Malta is the only EU country with a golden passport program and is under pressure to shut it down. In recent years, countries including Bulgaria and Cyprus have shut down their golden passport programs following accusations of corruption and pressure from the European Union. The European parliament estimates that Russian nationals account for about half of approved golden passport applications in the EU. "The concern is that unsavory and possibly criminal individuals will secure EU passports, which then entitles them to mobility and settlement rights."

☆ Thousands of Russian tech workers pulled off a perilous escape from their crumbling homeland. Now they face an anti-Russian backlash, reluctant banks, and sky-high rents.
▼ + stars: | 2022-04-14 | by ( Belle Lin | Masha Borak | Kylie Robison | ) www.businessinsider.com time to read: +14 min

While Kristina is leaving Russia soon, she said she has received threatening messages including, "You are the Putin enemy," and "The police are already after you." To staunch the outflow of talent, the Russian government has offered some tech workers favorable loans, mortgage rates, and even income-tax exemptions. Even after securing a precious visa or a flight out, Russian immigration officers closely monitor departing workers' every move. According to Alexandra, Russian workers are also transferring their funds into cryptocurrencies in order to access funds outside the country. As Russian workers establish their new lives in exile, some say they're worried about the costs they've paid.

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