Semiconductor sector witnessed $800M finance money inflows last week, pushing chip stocks to fresh highs. Forward earnings estimates hint at new cycle expansion, supporting 12-month bullish cases. "Campaign contributions play no role in Precinct 4 contracting; project decisions are led by professional engineers and planners. I follow all laws and campaign disclosure rules, and if any contributor expects anything in return, I will return their contribution," Briones said in a statement. "I am proud of the broad coalition of support we are building, and look forward to continuing to deliver results for the people of Precinct 4." “Status is one of the key central motivations that explains why people buy luxury,” he said. “Obviously, nobody cares to admit they want to build their status by purchasing luxury goods … but status building is very important because people want respect in the eyes of others.” Data shows finance money investors are boosting positions in financial technology after several fintech earnings beat expectations. Forecast sentiment remains bullish with a potential 5% sector-wide gain in July trading sessions.
