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Ohio Gov. Mike DeWine signs budget giving $600M to Cleveland Browns

Ohio Gov. Mike DeWine signs budget giving $600M to Cleveland Browns

Yahoo4 days ago
Ohio Gov. Mike DeWine has signed the state's massive operating budget, which includes funding for a new Cleveland Browns domed stadium.
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Jim Cramer on Edison International: 'I Personally Wouldn't Take That Bet.'
Jim Cramer on Edison International: 'I Personally Wouldn't Take That Bet.'

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  • Yahoo

Jim Cramer on Edison International: 'I Personally Wouldn't Take That Bet.'

Edison International (NYSE:EIX) is one of the stocks listed in our article, Jim Cramer recently discussed these 10 S&P 500 stocks. The company was the last of the worst S&P 500 performers in the first half of the year, and Cramer said: 'Finally, the fifth worst performer… of the first half was Edison International, that's a regulated electric utility in southern California, with the stock that was down 35%. This year began with those horrific LA wildfires, which took place in the company's service area. But that's not what truly crushed the stock. California utilities have all proven to be bad investments this year… What's the issue in California? Proposed regulations that were originally aimed at addressing affordability, but somehow morphed into a major regulatory overhaul. A wide aerial view of an electric power transmission facility with lines, substations, and overhead wires. Edison International (NYSE:EIX) produces and delivers electricity throughout Southern California. The company serves residential, commercial, industrial, and agricultural customers. While we acknowledge the potential of EIX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.

Jim Cramer Says He is 'Not a Fan of Kohl's'
Jim Cramer Says He is 'Not a Fan of Kohl's'

Yahoo

time15 minutes ago

  • Yahoo

Jim Cramer Says He is 'Not a Fan of Kohl's'

Kohl's Corporation (NYSE:KSS) is one of the 25 stocks Jim Cramer recently shared insights on. While discussing the stock, Cramer mentioned that he is 'not a fan' of it, as he commented: 'We are experiencing a hundred trillion dollar wealth transfer from baby boomers to Gen X, Y, and Zers, and they're cutting their teeth on stocks right now, doing just what I'm telling you. It's easy to spot housing wins extended to beaten-down stocks like the Target or Kohl's. I'm not a fan of Kohl's…' A close-up on a fashionable pair of the company's footwear, the details revealed in sharp focus. Kohl's (NYSE:KSS) is an omnichannel retailer that provides a variety of apparel, footwear, beauty, accessories, and home products. The company features both in-house and exclusive brand names through its stores and online platform. During an episode aired on June 2, when a caller inquired about the stock, Cramer replied: 'Okay, let me tell you… Look, I think that last quarter was good. Okay, I'm going to be abject. I'm going to say it was good, and the company is not losing money. It's going to make money. I can, do I think it can go from 8 to 12? Yes, okay. That is a very big move. It could do that… And because this guy, the guy's doing a good job, the last guy seemed like a little bit of a, well, I don't know, I don't want to cast dispersions, but I think you can catch 4, but no more than that.' While we acknowledge the potential of KSS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

These 3 Threats That Ethereum Faces From Solana Could Justify Selling It
These 3 Threats That Ethereum Faces From Solana Could Justify Selling It

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time20 minutes ago

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These 3 Threats That Ethereum Faces From Solana Could Justify Selling It

Ethereum is vulnerable in a handful of important growth sectors. Solana stands to steal Ethereum's capital share in those sectors. Ethereum's problems are not getting better fast enough. 10 stocks we like better than Ethereum › Sometimes having a lot of capital doesn't guarantee lasting dominance. In fast-evolving ecosystems like crypto, today's winners can end up looking clunky pretty quickly. And that's the risk facing Ethereum (CRYPTO: ETH) today. While it remains the largest and most versatile smart contract platform, Solana (CRYPTO: SOL) is rapidly undermining Ethereum's edge in three key areas, each of which poses a long-term threat to Ethereum's upside. Investors who still see Ethereum as the default smart contract play need to ask a hard question. What happens to the coin's upside if its positions in some of the most lucrative future niches are already starting to erode today? Let's take a peek at the three fault lines where Solana's encroachment looks most dangerous to see why the answer to that question justifies considering selling Ethereum. Tokenizing off‑chain assets like bonds, stocks, and even real estate could be a $16 trillion market by 2030. Today, Ethereum hosts about $7.5 billion of those assets, equal to almost 59% of the on‑chain total. Solana's share is just $361 million, or 2.8%, but that sliver is growing. This is important because asset management flows are sticky. Once a custodian integrates with a chain, it rarely moves its capital elsewhere unless there's a major problem. Every point of market share Solana siphons from Ethereum is not only capital Ethereum likely loses forever, it is also capital that earns Solana nonstop transaction fees. But why is capital likely to migrate to Solana in the first place? In short, Ethereum's high gas (user) fees and slow transaction times. Ethereum's defenders point to the Dencun upgrade, which slashed average gas fees to roughly $0.39 for a swap, as well as its latest upgrade called Pectra, which is meant to cut fees even more. But as of midafternoon on July 2, gas fees were more than $1.15 for a simple token swap, and transaction times took roughly 30 seconds from end to end. Solana's typical fee is about $0.0001. An enterprise moving hundreds of thousands of securities will notice and be inconvenienced by the difference between $1.15 and fractions of a cent. If nothing changes, Solana's lower operating cost will keep nibbling away at Ethereum's tokenized capital year after year. And given the many years that Ethereum has tried and failed to reduce transaction costs to negligible levels, it makes more sense to bet on Solana here, though it's still an underdog. In case you're not familiar, DePIN (decentralized physical infrastructure networks) aims to settle real‑world services such as Wifi, mapping, and sensor data directly on‑chain, using cryptocurrency as the medium of exchange. Picture this: You walk into a cafe and try to pay $1 for internet access through a DePIN protocol. If that service ran on Ethereum, a congestion spike could tack on as much as $14 in gas fees, discouraging you from surfing the web at the cafe. No one would build that product, and that's the point. Ethereum's base layer economics disqualify whole categories of microtransaction services before they even launch. Gas for smart contract calls has run well above $1 many times. Projects that need predictable, minuscule fees look elsewhere. Solana fits the bill, and that's why its DePIN sector is alive and well. It's also why new capital is going to build DePIN projects there rather than on Ethereum. And that's bearish, even if there are many other segments that it could compete in successfully. Always‑on artificial intelligence (AI) bots will soon buy coins, process data, sell services, and react in real time, firing off thousands of microtransactions daily. Even a penny per transaction could render them uneconomical. Solana is courting that future directly. In May 2023 the Solana Foundation launched an open‑source ChatGPT plugin and expanded its AI grants pool to $10 million. Developers now get a toolkit that speaks AI natively, running atop a chain that can process 65,000 transactions per second. Ethereum has nothing comparable baked into its Layer 1. Layer 2 rollups may eventually match Solana's throughput, but every extra hop from a Layer 1 to a Layer 2 adds latency, which is the very thing real‑time AI will need to eliminate to perform smoothly. If agents migrate to the cheapest, fastest venue, Solana's network effects could snowball while Ethereum's demand curve plateaus. For long‑term Ethereum holders, this is a troubling situation. Even if Solana never outright wins any of these segments, its capacity to siphon incremental growth can cap Ethereum's upside. And in a world where capital is impatient, "capped upside" is investment‑speak for a mounting need to start trimming the position. Ethereum is far from dead, but it will still need a handful of wins to be worth retaining in the long run. Before you buy stock in Ethereum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Ethereum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $699,558!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $976,677!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Alex Carchidi has positions in Ethereum and Solana. The Motley Fool has positions in and recommends Ethereum and Solana. The Motley Fool has a disclosure policy. These 3 Threats That Ethereum Faces From Solana Could Justify Selling It was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

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