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A lot of people work really hard to build up a retirement nest egg. If you’re approaching your senior years with a large balance in an IRA or 401(k), you probably gave up a lot to accumulate that wealth. So now, it should buy you the dream retirement you deserve.

But saving for retirement is only half the battle. It’s important to make sure your investment portfolio is working for you once your career comes to an end and the time comes to start living off your savings. Here are some of the biggest mistakes retirees make with their portfolios — and how you can avoid them.

Image source: Getty Images.

1. Investing too conservatively

Workers are often told to load their portfolios with stocks to generate strong returns while they’re in the process of building savings. Once you retire, you may be inclined to scale back on stocks to unload some of your risk.

That’s definitely not a bad idea. But one thing you don’t want to do is maintain too conservative a portfolio during retirement, either. Limiting yourself to, say, 10% stocks could mean minimizing risk, but also minimizing the returns your portfolio continues to generate.

You need your savings to be able to keep up with and, ideally, outpace inflation during your retirement years. This is especially important given that Social Security’s cost-of-living adjustments often do a poor job of helping retirees maintain their buying power from one year to the next.

So to that end, don’t be so quick to ditch stocks once you’re retired. Instead, make sure the stock portion of your portfolio is well balanced. Also, you may want to favor dividend stocks over growth stocks, since they tend to be less volatile and generate steady income that could help offset other potential portfolio losses.

2. Tapping investments early on when they’re down

Some retirees have the unfortunate luck of seeing the stock market decline just as they’re getting ready to tap their portfolios. If that happens to you, and you withdraw from a declining portfolio, you could end up with an income shortfall throughout retirement.

When stock values are down, you need to sell more shares of the ones you own to get the income you’re after. That means you’ll be left with fewer shares by the time the market recovers.

The solution? Have about two years’ worth of living expenses in cash. That way, if the market tanks at the start of your retirement, or at any point during your retirement, for that matter, you may not have to sell investments at a loss to generate the income you need.

3. Forgetting about real estate

One of the most important things you can do in retirement is maintain a diversified portfolio. And to that end, one corner of the market you don’t want to neglect is real estate.

Property values don’t always rise and fall with stock values. So real estate can serve as a great hedge at a time when you’re reliant on your portfolio for income.

That said, you don’t need to own physical real estate, like a rental property, to benefit from this strategy. Instead, you could invest in residential REITs, or real estate investment trusts.

Residential REITs are companies that own residential properties. These could include apartment buildings or student housing complexes.

While investing in any type of REIT might allow you to diversify nicely, one positive thing about residential properties is that they’re somewhat recession-proof, since people will always need a place to live, regardless of the economy. That makes residential REITs a particularly compelling choice for a retirement portfolio.

After working hard to build your nest egg, you deserve to enjoy retirement to the fullest. Avoiding these investment mistakes could help you do just that.

Croydon Airport was once the largest airport in the world and was the UK’s main aerial hub before Heathrow took over – it was also the site of many famous flights

London and the surrounding area has been the setting for numerous extraordinary mega structures throughout the decades.

As Britain navigated its way through the technologically revolutionary 20th century, increasingly spectacular and striking venues were constructed to support these advancements.

Consider Brooklands, situated within Havering borough – this racing circuit was the globe’s pioneering track designed specifically for motorcars as society realised, similar to horses previously, that automobiles could serve sporting purposes beyond mere transportation.

READ MORE: NatWest to close 20 bank branches during October – full list

Nevertheless, Brooklands wasn’t the sole facility created to support technological progress, with airfields emerging across the capital to welcome increasingly massive and swift aircraft. Croydon Airport represented one such location.

Established in 1920 through combining Beddington and Waddon airfields, it subsequently transformed into RAF Station Croydon before shutting down in 1959.

Throughout its 39-year operation, it pioneered standards for global airports, housing the planet’s inaugural custom-built terminal, air traffic control tower and aviation hotel, reports MyLondon.

At its peak it ranked as the world’s largest airport, a distinction currently belonging to Saudi Arabia’s King Fahd International Airport. Furthermore, prior to Heathrow’s emergence, it served as Britain’s principal aviation centre, with Croydon claiming the distinction as the nation’s foremost aerial gateway.

Such was its reputation that shortly following the airport’s launch, The Times christened it “the official Charing Cross of international air travel” in 1920. At its height, the aviation hub provided services to destinations including Paris, Amsterdam, Rotterdam, and Berlin alongside routes to East Asia, Africa, the Middle East and India.

Additionally, it even provided pilot training with notable graduates, including aviator Amy Johnson and Winston Churchill. The former departed from the airfield at the beginning of one of her most celebrated journeys.

On her way to becoming the first woman to complete a solo flight to Australia, Amy departed before a gathering of 200,000 spectators from Croydon.

During wartime, Croydon served as a vital base for fighter planes protecting British airspace before returning to civilian operations in peacetime, then ultimately closing when Gatwick underwent redevelopment and expansion.

The airport’s primary structures remain today as the Croydon Airport Visitor Centre. While, the Historic Croydon Airport Trust helps preserve the site’s golden era.

Speaking to The Times about celebrated aviator Amy Johnson, volunteer Tony Francis stressed that Croydon Airport represented more than merely transportation.

He said: “It’s all those pioneers who were battling against the establishment of the time. Not only with technology at its leading edge but also breaking down barriers, showing there were opportunities for everybody.”

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A HUGE tech upgrade that allows phones to “think with you in real time” is coming from some of the world’s biggest mobile makers.

The latest kit claims to not only enable highly intelligent AI tools, but also lightning-fast multitasking and better battery.

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Snapdragon, the tech brand millions will be familiar with as the front-of-shirt sponsor for Manchester United, has just announced some mega improvements.

The chips – made by US firm Qualcomm – are already among the most powerful around, used in phones by Samsung, OnePlus, Xiaomi and more.

These are essential for the smooth running of devices and power consumption among other things.

Every year, Qualcomm announces start-of-the-art chip enhancements at a huge Snapdragon Summit event in Hawaii.

We were invited along to see what’s in store and for 2025 bosses revealed the Snapdragon 8 Elite Gen 5.

Qualcomm says it is the fastest mobile system on-a-chip.

It means users can expect “lightning-fast” multitasking and seamless app switching so you can have loads open at once without causing major sluggish performance.

The upgrade is also good news for gamers, with “incredible performance and power efficiency”.

And in a mobile landscape increasingly filled with AI apps and tools, the new chip can better understand and learn from your habits to provide more useful personalised recommendations – and better still, it’s all handled on the device, so no data is sent off.

Qualcomm claims the Snapdragon 8 Elite Gen 5 boosts performance by 20 per cent compared to its last Snapdragon 8 Elite chip.

“With Snapdragon 8 Elite Gen 5, you are at the center of your mobile experience,” said Chris Patrick, senior vice president and general manager of mobile handset, Qualcomm Technologies, Inc.

“It enables personalized AI agents to see what you see, hear what you hear and think with you in real time.

“Snapdragon 8 Elite Gen 5 pushes the boundaries of personal AI, allowing you to experience the future of mobile technology today.”

The new chip is expected to appear on flagship smartphones from a number of huge names, including:

• Honor
• iQOO
• Nubia
• OnePlus
• OPPO
• POCO
• Realme
• REDMI
• RedMagic
• ROG
• Samsung
• Sony
• Vivo
• Xiaomi
• ZTE

Qualcomm teased that new devices will be launched with the chip in the coming days.

Must-know Android tips to boost your phone

Get the most out of your Android smartphone with these little-known hacks:

Welcome Times of Troy readers, to a special middle-of-the-night edition of this newsletter. It’s now just before 3 a.m. as I sit at my dining room table, cursing the greed of the TV executives who conceived of the 8 p.m. kickoff as a concept in the first place. My utmost respect goes to the diehards outside of the Pacific time zone who went the distance in USC’s 45-31 win over Michigan State. May your body clocks recover better than mine surely will.

Until about 1:30 a.m. Eastern time, early Sunday morning, it looked like USC might roll to another resounding victory. The Trojans were up 31-10, a few minutes into the third quarter. They’d piled up twice as many yards as Michigan State.

“We were dominating the football game,” coach Lincoln Riley said.

USC’s defense had forced one three-and-out to open the half, and it was on its way to another quick stop when, on a fourth down, linebacker Ta’Mere Robinson came flying around the edge and clipped Michigan State’s punter as he booted a kick.

Faced with a 4th-and-2 after the penalty, the Spartans decided to go for it. Quarterback Aidan Chiles was flushed from the pocket, and his pass fell incomplete … but another flag was thrown. USC inexplicably had 12 players on the field.

The back-to-back penalties, while troubling, weren’t totally back-breaking at the time. USC was still well in control, with a three-score lead intact. But what happened from there would hint at a larger issue, one that USC will have to iron out in a hurry with the hardest stretch of its schedule looming.

Twice, in the next eight plays, it seemed USC forced Michigan State into a decisive 3rd-and-long, only for a penalty flag to wipe away the stop.

The penalties would kick the door open for Michigan State. And in less than 10 minutes, they’d cut the USC lead to just a single score.

It wasn’t so much the season-high 10 penalties that was most concerning, but rather the lack of discipline on defense that inspired those mistakes. (Though, ranking 129th in the nation in penalty yards per game certainly isn’t great.) Of the defense’s eight penalty calls, there were two illegal substitution flags, an unsportsmanlike conduct and an illegal hands to the face call for the fifth time in three weeks.

Riley said after that he doesn’t want to discourage his defense from playing aggressive. But those aren’t penalties of aggression. They’re self-inflicted wounds. And if USC’s defense continues to make them a habit, they will eventually pay for it.

“We definitely thought we’d be better from that standpoint,” defensive tackle Devan Thompkins said. “Going forward, playing these Big Ten games, we have to reduce those penalties for sure.”

There are plenty of reasons for Riley to be encouraged by the progress of USC’s defense. The pass rush is actually disruptive. The run defense is giving up just three yards per carry.

The problems on that side of the ball are no longer about the quality of players. Linebacker Eric Gentry, in the midst of an All-American season, ranks first in the Big Ten in tackles for loss, third in sacks and fifth in tackles. The defensive line is so deep that five-star freshman Jahkeem Stewart played just 17 snaps on Saturday, despite dominating almost every one of them.

Which is what makes the discipline breakdowns so disappointing. USC, for the first time in Riley’s tenure, has the talent to compete on defense. The question now, as the Trojans enter their toughest stretch of the season, is whether that will be enough.

Huge shoes to fill

When Lindsay Gottlieb set out to rebuild USC’s roster in the spring, she knew there was no way to make up for their most important loss from last season.

“No one is filling JuJu’s shoes,” she said. “Those are unique shoes.”

Watkins tore her anterior cruciate ligament in March. She’s “doing great”, according to Gottlieb. “But there’s still no timeline for her return. If she comes back at all this season, I can’t imagine it would be until late in the calendar. Her absence from the lineup is no less than a gaping void.”

But when losing a generational superstar, it sure helps to have another No. 1 prospect in the pipeline.

Enter freshman Jazzy Davidson.

“The fact that Jazzy can step into our program and already just make a really unique and incredible impression on everybody is pretty wild,” Gottlieb said. “She’s really, really good. I’ll start with that. She’s next-level good.”

“Her impact on the basketball court just comes in a lot of different ways. She glides. She’s very fluid. She can score it. She can pass it. She impacts the game defensively. She comes in ready in a way that’s very unique for someone her age. So we’re super excited. We know that we’ve got something special with her.”

We know much less about what to expect from the new-look Trojans frontcourt, which lost a WNBA All-Star in Kiki Iriafen and an entrenched team leader in Rayah Marshall. Replacing their production means counting on transfers Yakiya Milton and Dayana Mendes, Lithuanian import Gerda Raulusaityte or returners Vivian Iwuchukwu and Lauren Williams to fill the void.

“We knew that size and the frontcourt was going to be important,” Gottlieb said. “I don’t think any of us said we have to find one person to get us 18 and 10 like Kiki. As a group, we need production in different ways.”

Ja’Kobi Lane makes a catch in front of Purdue defensive back Hudauri Hines.

(Michael Conroy / Associated Press)

—Ja’Kobi Lane’s absence couldn’t come at a worse time. Riley said that the unspecified ailment became an issue unexpectedly in the middle of last week, but that Lane sustained the injury sometime during the Trojans win over Purdue. Lane didn’t have a catch in the fourth quarter of that game. Riley didn’t offer much more information than that and even called the injury “inconclusive”. But he left the door open for Lane to miss more games. If he’s saying that already, I’d expect that’s a serious possibility. USC’s next opponent, Illinois, just lost six of its top seven defensive backs, so maybe it won’t be so much of a problem next week. But against Michigan, in a critical game at the Coliseum, USC could really use its top red zone target.

—USC lost its left tackle for more than half the game yesterday. The offensive line still held up well. Elijah Paige isn’t expected to be out long term, according to Riley, but the fact that USC only allowed three pressures all game in spite of his injury is a good sign. Michigan State doesn’t have a fearsome pass rush exactly, but that’s a strong performance against any Power Four opponent. Tobias Raymond, who played at both guard and tackle Saturday, continues to live up to Riley’s rave reviews from the offseason. I also thought right tackle Justin Tauanuu looked good switching between the right and left sides after Paige went out.

—New point guard Jordan Marsh is receiving rave reviews in preseason. USC knew that Marsh could step in as a scoring threat, after he averaged almost 19 per game at North Carolina Asheville last season. But the transfer guard looks like more of an all-around impact player than anyone anticipated. “He’s hands down one of the fastest guards I’ve ever played with,” said forward Ezra Ausar. He’s also a deceptively feisty defender for as small as he is. The question now is how well Marsh can orchestrate the offense. Could he allow for Rodney Rice to play some on the perimeter? Regardless, early indications continue to be Marsh will play a key role in USC’s rotation.

—Remember when Trojan fans wanted Luke Fickell to take over as head coach? Well, I’m sure Wisconsin would happily trade places now. The Badgers were blown out at home this week by Maryland, and fans chanted for Fickell to be fired. It’s an important reminder that coaches don’t always fit in new situations in the way we expect them to. It’s only getting worse from here for Wisconsin, with Michigan, Ohio State, Oregon, Illinois and Indiana all upcoming.

In case you missed it

With Makai Lemon slicing and scoring, USC defeats Michigan State to remain unbeaten

D’Anton Lynn says he hasn’t been contacted by UCLA, and his focus is on USC’s defense

How Bishop Fitzgerald’s roots as a quarterback helped him become a prolific USC safety

What I’m watching this week

Cary Christopher as Alex in “Weapons.”

(Warner Bros. Pictures)

We are closing in on spooky season, which is the one time of year my wife will agree to watch a scary movie with me. The selection process for that single horror flick every year is usually extensive. But this year, it was an easy choice.

“Weapons” is one of the most talked-about horror movies in recent memory, and I’ve spent the last several months somehow dodging spoilers at every turn. What I do know: A classroom full of kids mysteriously disappears in the middle of the night one night, leaving a community to reckon with who or what is behind it all.

Until next time …

That concludes today’s newsletter. If you have any feedback, ideas for improvement or things you’d like to see, email me at [email protected], and follow me on X at @Ryan_Kartje. To get this newsletter in your inbox, click here.

Seeing one of your portfolio’s positions generate a 10-year return of 50,000% is truly mind-boggling. But this is exactly what Bitcoin (BTC -0.25%) has done (as of Sept. 17). A $2,000 starting investment in September 2015 would be worth $1 million today.

With such a fantastic historical return, it’s understandable if investors think that it’s too late to put money to work. But that’s a pessimistic view. Here’s the biggest reason you haven’t missed out on Bitcoin.

Image source: Getty Images.

Unsustainable financial situation

It’s safe to assume that the U.S. federal debt, now at $37 trillion, will keep increasing in the decades ahead. It doesn’t matter who’s in the White House. The country will continue to run massive fiscal deficits. For what it’s worth, the last surplus was in 2001.

This unfavorable trend supports ongoing growth in the money supply, as the government keeps borrowing to fund spending. Something must eventually break.

The counterargument is that because the U.S. has the biggest and most powerful economy, and the U.S. dollar is the global reserve currency, things can continue on this path. To be fair, unsustainable trends can last longer than people might think.

But the situation is becoming more fragile as time passes. Imagine if you kept opening new credit cards to pay off the balances of your old cards. This is financially reckless, but this is essentially what the U.S. government does.

Capital flowing to a scarce asset

Bitcoin has a fixed supply of 21 million units. No single entity has control over it. It transcends borders. And it’s permissionless. This makes it a unique asset for more capital to flow to, particularly as more money and debt keep being created in the financial system.

Therefore, as long as governments across the globe continue operating in fiscally irresponsible ways, Bitcoin will have uncapped upside.

SAINSBURY’S has launched its “biggest ever” giveaway with up to £7,500 worth of Nectar points up for grabs.

This equates to a huge two million Nectar points being given away for a shop.

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The supermarket giant has teamed up with frozen foods brand Birds Eye to deliver the prizes, as well as special prices of products.

From now until October 7, shoppers can scan their Nectar card or app to enter the prize draw if they pick yup any Birds Eye product at a Sainsbury’s.

One winner will receive one million Nectar points, which are worth at least £5,000.

And two winners will get 500,000 points each, worth at least £2,500.

There are also some family dinner classics from Birds Eye that have been put on special Nectar prices.

Chicken Dippers can now be picked up for £2.50, and Fish Fingers for just £1.50.

This is possibly most Nectar points ever seen in the frozen aisle, making it a perfect time to stock up the freezer for the autumn.

Shoppers who scan any Birds Eye product with their Nectar card at Sainsbury’s will automatically be entered into the prize draw.

And every transaction counts for entries.

Winners will be draw at random and contacted within 28 days of the closing date.

Sainsbury’s has also recently been seen slashing the prices on dozens of its chocolates as part of an “amazing” offer.

Several Cadbury’s chocolates in the supermarket were slashed to under £1, with Twirl bites reaching just 97p.

The sale is lasting until Sunday, September 21 and is only being offered to Nectar card holders.

Sainsbury’s recently made a huge change to its Nectar loyalty schemes earlier in the year.

It made personalised ‘Your Nectar Prices‘ available for shoppers for the first time in July.

The scheme has allowed customers to earn points when they shop, which can be turned into money off vouchers.

Previously, the discounts were only available for online orders or through the Smart Shop app or handset in-store.

Now shoppers can enjoy these discounts at the tills by simply scanning their Nectar card.

Discounts are known to refresh every Friday, giving customers regular opportunities to save on essentials and discover new favourites.

One civil service whistleblower told ITV filmmakers he was “disgusted” by amount of profits some companies made

Details of how the Tories presided over one of the biggest government spending scandals of all time are to be revealed in a shocking new documentary.

Eye-watering waste running into many billions of pounds resulted from huge Covid contracts for mountains of personal protective equipment and medical tests.

One civil service whistleblower told ITV filmmakers: “I was disgusted at the amount of money that these companies were making. It was just ka-ching, ka-ching, ka-ching for them.”

Some companies with little or no track record in supplying PPE landed massive contracts, including many introduced by ministers and key government figures via the high-priority VIP lane.

One firm, linked to Baroness Michelle Mone, is being sued by the Department for Health for more than £120 million for allegedly supplying unusable gowns. But the documentary names other previously unknown corporate winners.

Instead of buying four months of PPE stock as planned, within months of lockdown the government stockpiled years’ worth – including enough goggles to last 15 years.

One million pallets of unwanted PPE ended up being incinerated in what Gavin Hayman, of the Open Contracting partnership, says represents “probably the biggest government misspending scandal in the UK of all time”.

As the UK’s expensive Covid-19 inquiry rumbles on largely unnoticed by the public, new ITV documentary Exposures asks how we went from having almost no PPE to having more than we could possibly use.

The Mirror has previously revealed how thousands of ­ventilators bought for £50,000 each during the pandemic were sold off for as little as £100 via online auctions last year.

We also exposed how the NHS flogged 6,000 unused Nightingale hospital beds it had bought for £13million for just £410,000 as they were not suitable for hospitals. When the country went into lockdown in March 2020, the UK’s hospitals were woefully lacking in supplies of PPE.

Boris Johnson set up a new procurement unit run by Matt Hancock ’s Department of Health, with many of its staff coming from Michael Gove ’s Cabinet Office. The government put out public appeals to help source PPE from new suppliers, and the normal tender and competition rules were suspended.

Under pressure to respond quickly, a secret VIP lane was also set up by civil servants to deal with credible offers coming via ministers, MPs or senior officials.

According to the documentary, this is when things started to go wrong. A whistleblower who was working in the department at the time was exasperated that companies with a background in supplying PPE were being sidelined in favour of VIPs.

The source tells the programme: “It was very frustrating because you’ve done a lot of the background work, taking the time to find out about the companies, see who their manufacturer was, so that we could check the manufacturer had the capability of producing as many items as they said, and then to find out none of your deals have gone through.

“The VIP lane was obviously the Premiership, and all the rest of the suppliers were in the second division.” Mr Gove and Mr Hancock say the VIP lane was created by officials to effectively prioritise significant offers, that ministers were not involved in decisions to award contracts and just forwarded promising leads to civil servants. They say their priority at the time was to “save lives and protect the NHS”.

The ITV film shows how two previously unnamed Covid-testing companies, Tanner Pharma and Nationwide Pathology, both made huge profits thanks to their contracts.

Nationwide made £40million over the pandemic, while Tanner was given testing contracts totalling £1.4bn after it contacted a Department of Health official.

Tanner went from a pre-pandemic loss off £678,000 to a cumulative profit over the pandemic of £193m. Its American owner, Banks Bourne, paid himself a £148m dividend, courtesy of the British taxpayer.

Another company called Innova appeared from nowhere in March 2020. It was set up by Charles Huang, who rain a private equity firm in California.

Innova got its contract after it reached out to Dominic Cummings, who was Boris Johnson’s advisor at the time. By the end of the pandemic, Innova had been paid over £5bn by the UK government despite having no track record in supplying medical goods.

By contrast, Arco is a leading UK supplier of PPE with over 50 years’ experience. It sent 750,000 PPE kits to Sierra Leone during the ebola epidemic. But when Covid arrived, nobody was returning their calls.

Arco chairman Thomas Martin tells Exposure: “We used the government portals, we used all of our existing contacts. There would be 50 or 60 attempts every day to break through, and we were coming up against the closed door. I couldn’t understand why anyone in charge would choose to ignore the expertise on tap.

“The safety industry was not mobilised.” In all, the UK spent around £15bn on PPE. The whistleblower adds: “We had so much, but we were still buying when we didn’t need any more. We weren’t able to warehouse it, and it was getting left at docks.”

By March 2022, the UK had 300 pieces of unused PPE for every person in the country. Companies that were hired to supply PPE were now being rewarded again to store it. Much of it ended up incinerated. The whistleblower concludes: “We were wasting so much money.”

Tanner Pharma said: “Tanner Pharma was selected to provide lateral flow tests because they were determined by UKHSA to have high specificity and sensitivity. We were not referred to the high-priority lane and delivered over 480m reliable, accurate testing kits.”

Boris Johnson, Dominic Cummings, Michelle Mone and Nationwide Pathology all declined to comment.

* The Covid Contracts: Follow the Money is on Sunday night on ITV at 10.15pm.

Like this story? For more of the latest showbiz news and gossip, follow Mirror Celebs on TikTok, Snapchat, Instagram, Twitter, Facebook, YouTube and Threads.

Nvidia (NVDA 3.52%) is the most valuable company in the world, with a valuation of $4.1 trillion. Its performance in recent years has been remarkable, with Nvidia still generating over 50% revenue growth in recent quarters — and that’s considered a slowdown for the tech giant.

But when a stock’s valuation reaches such significant proportions, that also means expectations are high. If the company falls short of them, the stock could be vulnerable to a serious correction, especially as investors who are up big may be looking for any signs that it may be approaching a peak, as that could be an opportunity to cash out and lock in as large of a gain as possible.

The problem with Nvidia’s stock is that if there are any notable headwinds or slowdowns in the tech sector, then it could be among the first to endure a big drop in value. And that’s because its revenue isn’t all that diversified.

Image source: Getty Images.

The vast majority of Nvidia’s revenue comes from just six customers

Nvidia has multiple segments that it generates revenue from, including automotive, gaming, professional visualization, and data centers. But its main income source right now is its data center business, which accounted for 88% of the $46.7 billion in revenue it posted in its most recent period, which ended on July 27.

What’s most concerning, however, is the customer concentration risk in that segment. Nvidia’s AI chips aren’t cheap, and it’s primarily the big tech companies that can afford to spend significantly on them. Companies disclose when customers account for a big slice of revenue, and Nvidia says that its two largest customers, which it refers to as just Customer A and Customer B, represented 23% and 16% of revenue for the past quarter, respectively.

But that’s not all. It also noted that there were four direct customers that each made up 10% or more of its quarterly sales. In total, approximately 85% of its revenue was attributable to just six customers. While specific names weren’t mentioned, my guess is that its key customers are big hyperscalers, with the majority of them potentially among the “Magnificent Seven.”

The problem is clear: if there’s a slowdown in AI-related spending, Nvidia’s growth rate could quickly unravel given its exposure to just six customers.

Nvidia’s valuation has come down, but it remains high

Currently, Nvidia’s stock trades at a price-to-earnings multiple of more than 50. Although that premium has come down over the past year and it’s below its five-year average, that’s still a high price to be paying for the AI stock.

Data by YCharts.

Both Nvidia’s sales and profits were up over 50% last quarter, but that hasn’t been enough to give the stock much of a boost. Over the past month, the stock has declined in value by nearly 6% (as of Sept. 17). There could be some resistance from investors to price the stock much higher than where it is right now, given the risks related to the overall economy, its fragility, and the potential for a slowdown in AI spending in the future.

Is Nvidia stock still a good buy?

In just five years, Nvidia has generated life-changing returns of nearly 1,300% for investors. But now with its market cap up around $4.3 trillion, the inevitable questions come up of how much higher it can possibly go. It’s no longer chasing any other stock — it has already become the most valuable company in the world.

I think Nvidia has a fantastic business, and it commands impressive margins, and there’s potentially much more growth out there in the long run due to AI. If you’re looking at holding onto the stock for at least the next five years, then Nvidia can still be a good investment, but I would suggest bracing for the possibility of at least a modest pullback in the near future.

The White House denies any involvement with the deal despite Nvidia’s CEO meeting US President Donald Trump only a day before.

Nvidia says it will invest $5bn into Intel, throwing its heft behind the struggling US chip company, but has stopped short of giving Intel a crucial manufacturing deal.

Nvidia, which is based in Santa Clara, California, announced the investment on Thursday.

The pact, which also includes a plan for Intel and Nvidia to jointly develop personal computer and data centre chips, represents a potential risk to Taiwan’s TSMC. TSMC currently manufactures Nvidia’s flagship processors, a business that the world’s most valuable company could one day extend to Intel. AMD, which competes with Intel for supplying chips to data centres, also stands to lose because of Nvidia’s backing of Intel.

Nvidia, whose must-have chips are powering a global artificial intelligence boom, said in a statement it will pay $23.28 per share for Intel common stock, a price slightly below the $24.90 at which Intel shares closed on Wednesday.

However, that is higher than the $20.47 price per share that the United States government paid for a 10 percent stake it took in Intel last month, an extraordinary development.

The White House has denied any involvement in the deal, which comes only a day after US President Donald Trump met Nvidia CEO Jensen Huang on Wednesday.

New opening

Nvidia’s latest investment will make it one of Intel’s largest shareholders, likely owning 4 percent or more of the company after new shares are issued to complete the deal.

Nvidia’s support represents a new opening for Intel after years of turnaround efforts at the famed US manufacturer failed to pay off.

Intel – once the chip industry’s flagbearer that claimed to put the “silicon” in Silicon Valley – appointed a new CEO, Lip-Bu Tan, in March. Tan has promised to make Intel’s operation lean and build factory capacity only when there’s demand to match it.

Crucially, the deal will not involve Intel’s contract manufacturing business, known as a “foundry” in the chip industry, making chips for Nvidia. Most analysts believe that for Intel’s foundry to survive, it would need to eventually win a large customer such as Nvidia, Apple, Qualcomm or Broadcom.

But the deal adds to a growing reserve of capital that Intel has accumulated weeks after it announced a $2bn investment from Softbank and received $5.7bn from the US government.

David Zinsner, Intel’s chief financial officer, told investors at a Deutsche Bank conference last month that the company was in a “good cash position” and would not require much more capital until it saw significant demand for 14A, a next-generation manufacturing process that it expects to invest heavily in building.

Under the deal announced Thursday, Intel is planning to design custom data-centre central processors that Nvidia will package with its AI chips, known as GPUs. A proprietary Nvidia technology will let the Intel and Nvidia chips communicate at higher speeds than before.

Those speedy links are a key differentiator in the AI market because many chips must be strung together to act as one to chew through massive amounts of data.

At present, Nvidia’s best-selling AI servers with those speedy links are only available using Nvidia’s own chips, but the deal would now put Intel on equal footing, giving it a chance to make money off each Nvidia server.

On Wall Street, Nvidia’s stock is trending upwards. As of 12pm in New York (16:00 GMT), it is up more than 3.4 percent from the market open. Intel stock is surging up more than 29 percent for the day.

It is a significant turnaround for a club which have twice been subject to points deductions for breaching profit and sustainability regulations (PSR) and only escaped relegation on the final day of the season two years ago.

“If you’d told me that this summer we’d do a net spend of that, I’d have been excited and delighted,” says former Everton midfielder Leon Osman.

“Yes, we wouldn’t mind another defender, due to injuries, and a 30-goal striker, but for one window it’s outstanding.

“It’s exciting times for everyone.”

Should Merlin Rohl’s loan move from Freiburg be made permanent for an agreed £17m – the reported stipulation is that Everton need to avoid relegation for the clause to be triggered – their net spend will climb to £114m.

In the summer of 2020, with Carlo Ancelotti at the helm, Everton recruited six players, including Real Madrid’s James Rodriguez, for a net spend of £77m.

In 2017 three number 10s, including record signing Gylfi Sigurdsson, were brought in as part of a £140m summer outlay, but Romelu Lukaku’s £75m move to Manchester United helped reduce Everton’s net outgoings to £48m.

Israeli forces attacked and destroyed the 12-storey Mushtaha tower in Gaza City on Friday after giving just 15 minutes’ warning for people to evacuate the area. The building is located near to a displacement camp where Palestinians are sheltering in tents.

Wales Online writer Ruth Mosalski and her family spent four nights at Haven’s biggest UK campsite, Hafan y Mor in north-west Wales, and found it to be a hit with the kids

Haven’s largest campsite, nestled in the stunning Llyn peninsula of north-west Wales, spans a whopping 500 acres. Ruth and her family family spent four nights there and said her children were “absolutely smitten.”

Located just outside Pwllhelli, the Hafan y Mor site was once a Butlin’s holiday park. Remnants of its past still linger, such as the platform from the land train and some of the old apartment blocks, although the cable car is long gone. Today, it’s a sprawling, modern site boasting hundreds of caravans and an impressive array of dining options and activities.

Ruth shared her visit and said: “We embarked on our four-night getaway last summer, arriving just as check-in opened. The queue of eager holidaymakers had already extended beyond the campsite and onto the main road.

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However, the efficient staff quickly resolved the situation, making the check-in process one of the smoothest I’ve ever experienced at similar venues. There were no lengthy checks or key handovers because all necessary information is provided via the app prior to arrival, reports Wales Online.

Once your car registration is verified, you’re given directions and off you go! Your keys await you on the counter inside your caravan, with a security seal (and your name) on the exterior door to ensure you’re at the correct location. This streamlined system significantly speeds up the entire process.

We were cosied up in The Stables area, in a gold-level caravan. Tucked away on the far side of the site, it was blissfully quiet yet only about five minutes’ stroll from the Dragon Lakes adventure village and roughly 10-12 minutes from the main facilities including eateries, pubs and pool.

The caravan itself, the highest grade offered by the site, was spanking new and genuinely plush. The living space was considerably larger than others I’ve experienced at similar sites, boasting two sofas (not the modular ones that are impossible to get comfy on), televisions, ample storage and extra perks like USB plug sockets and a hairdryer. The master bedroom even had an en-suite.

Prior to our arrival, the app proved useful for booking activities, viewing the entertainment schedule and even providing a handy packing list – even at the gold level you need to bring plenty with you. However, the sparse Wi-Fi coverage on the site meant we occasionally struggled to access what we needed unless we were in one of the site’s main areas. While there, this app can be used to book activities but also order grub to your table in the pubs, or even to your caravan.

Food and drink on the site

There’s a plethora of dining options on site. While they may not be winning any gourmet awards, for a mum who’s usually cooking three meals a day, it was a welcome break.

On-site eateries include popular chains like Papa Johns, Slim Chickens, Burger King and Millie’s Cookies. Haven’s own offerings include their pizza joint, The Pizza Deck, their pub, HMS Glendower, and the Coast House bar and restaurant. For sunny days, there’s the Box Bar, and The Cakery serves Costa coffee and cake right next to the playground.

We enjoyed two evening meals at the Coast House – one was “excellent pub food”, but the other left us wishing we’d ventured elsewhere. However, with kids eating for just £1 when adults order a full-priced meal, and the option to combine this with the two for £18 meals deal, four of us managed to dine for just £20.

A breakfast of four full breakfasts (two kid-sized, and two adult) with Costa coffees came in at under £30. I was pleasantly surprised to find that the on-site shops were reasonably priced. Stocking Co-op items, even typically marked-up products like nappies were sensibly priced.

On-site activities

There’s a plethora of activities on offer here, all reasonably priced. From trampolining and climbing walls to pedalos, Nerf battle zones, sports pitches, and a thrilling leap of faith jump. Our top picks were the 4×4 off-roader experience and the pic ‘n’ paint pottery. You can hire karts for a cycle around or Segways for a bit of fun.

There’s also a soft play area and two large arcade areas for those who fancy a go at the 2p machines or grabber toys. The swimming pool was an absolute blessing. With five different pools catering to all ages, including a smaller one for our nearly two year old and slides that our adventurous four year old could enjoy.

There was even a lane pool, although we never managed to tear ourselves away from the slides long enough to use it. It’s evident that there’s been significant investment in these facilities. Haven was acquired by Bourne Leisure Ltd ten years ago, the same company that owns Warner Leisure Hotels, and they’ve spent that time investing heavily.

This is clearly visible here, with the only giveaway of the site’s age being some of the paintwork in the pool area, but that’s just nitpicking. As you’d expect from Wales in August, the weather during our stay was a mixed bag. We had glorious sunshine on our arrival, departure and middle day, but torrential rain on the other days.

On the sunny days, we ventured off-site to explore the stunning beauty of Criccieth, Aberdaron, Llanbedrog, Abersoch, Llanystumdwy and fulfilled a travel bucket list item at the Ty Coch Inn at Porthdinllaen.

Despite the rainy days, we made the most of the on-site options. Our kids would tell you it was the best holiday ever. Our four year old spent an hour hunting fossils in an interactive show (£16) before we saw Haven’s mascot perform her own show. We also got to paint a pot (£12 per person), have a swim (free with the play pass or £10 otherwise), and then danced at the Tots Disco (free).

We even took seats in the huge showbar for the on-site team’s panto (free), with fish and chips delivered to our tables for tea (£5.99 for a kids meal, including fruit shoot).

Many of the activities are outdoors and carry on regardless of the weather. The staff were helpful in rebooking things on the day we were due to do something outdoors, but they were almost all fully booked by the time we were there at 9.25am, probably because everyone had the same idea.

We’ve previously visited Eurocamp and French equivalents, as well as Bluestone in Pembrokeshire, but the entertainment here was much more suited to our kids. In France, things only really get going much later at night, which isn’t ideal for our younger kids.

The tots disco here started at 5pm and lasted half an hour – perfect for little ones. When it comes to entertainment, Haven was the clear winner. For us grown-ups, it served as a brilliantly situated base in a region we’re often priced out of exploring.

We didn’t just explore Llyn itself, but my husband and I also managed to cover a few more miles of the Wales Coast Path, which runs alongside the park.

We never made it to the nearby beaches, but they were completely deserted and should definitely be signposted more to showcase the area’s natural beauty. However, for our children, it was the jam-packed schedule that left them shouting, screaming and smiling from dawn till dusk.

We departed exhausted, but wonderfully happy with memories we’ll cherish for years to come. In conclusion, the site’s facilities cater to nearly every age and ability, and our caravan was superbly equipped, comfortable and offered lovely sunset views.

If we hadn’t been so knackered each day from cramming in as much as possible, it would have certainly been the sort of place where we’d have happily sat on the decking with a bottle of red and a pack of cards, but those water slides really do take it out of you.

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AN England Women’s rugby star is inspiring the next generation in a unique way – by appearing on TV show Gladiators.

Jodie Ounsley, also known as Fury from BBC Gladiators, played for England‘s rugby sevens team as well as Sale Sharks and the Exeter Chiefs.

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She was forced into an early retirement aged just 23 because of a shoulder injury, but has put her rugby skills to good use in her new role.

The Gladiators star told SunSport: “I naturally miss playing and just to see how much the sport’s growing. But on the other hand, I feel very privileged in what I’m doing now.

“Obviously being in a different field of work, on TV in a show like Gladiators, I love that I’m able to still showcase women’s rugby in a show like that through my character, Fury.

“Kids might see me as Fury tackling contenders and think, oh, she must play rugby and then now follow rugby. And I think that’s really powerful. I take so much pride in that.

“I just think of the bigger picture and if I can try and inspire the next generation to get into rugby, then that’s enough for me.

“I’ve stepped away now but never say never, I could go back to rugby in the future, but I’m gonna do everything I can to push the game and bring a new audience, new people to the game as well.”

Ounsley was born deaf and wears a cochlear implant, and has followed in her father’s footsteps by appearing on the show.

She is also a Brazilian Jiu-Jitsu British champion and a five-time World Coal Carrying champion, but despite her individual accomplishments she still misses the team environment of rugby.

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The 24-year-old continued: “It’s really different from going from a full-time team environment to then being pretty much on your own.

“So still very much lots of training. I mix it around now and I’m obviously not around a team, which is a bit different, but that’s the beauty of rugby.

“I miss my team because that’s what rugby’s about. It’s about being surrounded by your team-mates and you go through so much together.

“Big tournaments like the World Cup, even training, injuries, there’s so much to the game that people don’t even sort of get to see.

“So that’s the part I miss but I’m very happy where I am at the moment.”

Ounsley is also a proud supporter of the See It. Believe It. campaign as part of her role as a brand ambassador for Vodafone.

The campaign aims to dismantle misconceptions surrounding women’s rugby, with research showing 70 per cent of Brits who hold a negative opinion of the sport have never watched a match.

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Ounsley said of the campaign: “It means a lot to me because obviously I’ve had my own journey in rugby.

“The whole meaning behind it is there is a whole misconception from people who have a negative view about women’s rugby. It’s people who haven’t even watched a game of women’s rugby.

“So I think it’s about trying to change that misconception but also getting a new audience and new people to watch the game.

“And then funnily enough, they come and watch the game and they realise they might actually like it. It’s like that throughout all women’s rugby, you always have those different opinions and how people sort of expect it to be.

“I think it’s just how we can change that and flip it to more of a positive light.

“The biggest thing is people try and think we’re trying to say, oh, it’s the same as the men’s game, but it’s really not, it’s just about showing that women love the game as much as anyone else.

“It is a really special game, regardless of what gender is playing it.

“It’s a game of rugby. It’s an exciting thing. It’s really just coming to watch a game of rugby. If you enjoy sport, then it shouldn’t really matter who was playing.”

Jodie Ounsley is proudly supporting Vodafone’s ‘See it. Believe it.’ campaign, which aims to challenge misconceptions about women’s rugby and connect the sport with new audiences.

As part of the campaign, Jodie is working with storytelling experts Goalclick to provide exclusive behind-the-scenes content from all levels of the game.

When Bitcoin was created in 2009, it was seen as nothing more than a niche internet experiment. There are plenty of stories about people using the cryptocurrency to buy items like pizza, gift cards, or coffee (a decision they likely rue now).

But as Bitcoin became more popular, many other cryptocurrencies emerged. Some of these have legitimate use cases, and some can be viewed as nothing but a quick cash grab from their creators and early insiders. One cryptocurrency that falls into the former category is XRP (XRP 3.48%).

XRP is a cryptocurrency that enables fast and cheap cross-border payments, and it has had a great run over the past 12 months, up over 390%. That’s over five times the returns of Bitcoin and Ethereum in that span. The recent rally may have investors thinking they missed the wave, but there’s one big reason why there’s still time to hop on the boat.

Image source: Getty Images.

Cross-border payments are becoming more frequent

Sending money from one country to another has traditionally been expensive because of the reliance on banks (and pre-funded accounts) and high intermediary fees. However, with the introduction of XRP and other nontraditional sources, these transactions are increasingly becoming cheaper and more frequent.

According to Allied Market Research, the global cross-border payments market was around $206 trillion at the end of 2024. By 2034, it’s expected to be around $414 trillion. This is great news for XRP because it feeds right into its main use case of being a bridge currency to facilitate these transactions.

What traditionally could cost someone 5% to 7% of the transfer amount , XRP is able to do it for fractions of a cent and much faster. If XRP can capture even a small fraction of the cross-border payment flow, it can be a good investment for some time. 

In tonight’s episode of 22 Kids and Counting, one couple make a big decision about the future of their family while the brood celebrate matriach Sue Radford’s milestone

The Radford family prepared to celebrate mum Sue’s 50th birthday during tonight’s episode of 22 Kids and Counting, but Sue was preoccupied when she had a shock pregnancy scare. On the other hand, son in law Harley wanted advice on the snip.

The Channel 5 show follows the life of Sue and husband Noel Radford as they navigate life with their 22 children. In tonight’s episode, viewers saw Sue and Noel worried after a pregnancy scare – although it was soon revealed it was a false alarm.

Elsewhere, their son in law Harley was facing a different baby dilemma. Harley, 24 who is married to their daughter Millie, 23, asked Noel for some advice on the snip, after having three children in a short space of time.

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“I understand why Harley’s asking about the snip,” Noel told the cameras. “They have had quite a few children in a very short space of time, so I can totally see where he’s coming from.”

Noel himself went through a vasectomy, shortly after their son James however he later got the procedure reversed after realising he’d made a “massive mistake.”

The couple then went on to have 13 more children, as he shared his concerns with Harley, who hadn’t spoken to Millie.

Millie and Harley tied the knot in 2024, and since being together, have welcomed two children together, son Chester 2022, and youngest, Elodie-Jade, who arrived in 2023.

The eldest daughter of Sue and Noel welcomed her first daughter, Ophelia, in 2020 at age 19, though the father’s identity remains private.

However, it doesn’t look like she’s ready to stop just yet.

A few weeks later, Millie confronted Harley, after she heard he had been asking Noel for advice. Sharing his reasoning, Harley said: “I see how hard it is for you when you go to work, and I come home and you feel stressed.

“We’ve got three kids at home and they’re really hard work. Imagine if one day you just fell pregnant.”

As Harley went on to gush about his family, he continued: “I feel like if I were to get you pregnant again, it would be bad.”

Millie then agreed the couple had “lots to think about” but Millie said she’d like the option of more kids to be there, as she thinks Harley is “too young” for the operation, as he made a U-Turn on his decision, deciding not to go ahead.

Elsewhere, Sue was left reflecting after a false pregnancy scare. “Britain’s biggest family will not be getting any bigger,” Noel said when they found out the news.

“I miss it,” she said speaking about having a new born. “I used to actually enjoy waking up through the night, but it’s the time that you can get to spend on your own with them. I think the intimacy when you have a new born definitely does bring you closer together. It’s you two against the world.”

As well as the couple’s 22 children, Chris, Sophie, Chloe, Jack, Daniel, Luke, Millie, Katie, James, Ellie, Aimee, Josh, Max, Tillie, Oscar, Casper, Hallie, Phoebe, Archie, Bonnie, and Heidie, they are also grandparents to 15 grandchildren.

Heidie was born in 2020 – and after her birth, the couple insisted she was their last.

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US Vice President JD Vance hit the road on August 21 to promote President Donald Trump’s legislative accomplishment, the One Big Beautiful Bill Act tax and spending bill.

The law permanently extended tax cuts from a 2017 law Trump signed, which would have expired at the end of 2025 had Congress not reauthorised them. The law also included some new tax cuts, including for tips, overtime and Americans 65 and older.

Speaking in Peachtree City near Atlanta, Vance said, “We had the biggest tax cut for families that this country has ever seen.”

The tax cuts were significant, but they weren’t the biggest in US history, which was a phrase Trump has often used to inaccurately describe his 2017 tax cut law. The 2025 tax cuts rank either third-biggest since 1980 or tied for seventh, depending on the yardstick.

At the same time, many Americans could see relatively modest changes to the taxes they owe starting in 2026, because the 2025 law mostly extended existing tax cuts.

The White House did not provide a response before publication.

Comparing historical tax cut laws

We examined the tax revenue decreases from major laws passed since 1980. (On balance, most tax laws prior to 1980 either raised taxes or cut them modestly.)

Tax bill dollar amounts tend to rise over time because of inflation, so we looked at tax cuts as a percentage of gross domestic product (GDP), which evens out the differences over time. And because some early laws have tax cut data available only for the first five or six years of the law’s life, we compared laws by looking at the cumulative tax savings during a law’s first five years in effect.

We found that the law with the biggest tax savings was 1981 legislation passed by the Democratic Congress and signed by President Ronald Reagan, who won office promising large tax cuts. That law cut taxes by 3.5 percent of the nation’s cumulative five-year GDP.

A 2012 bill passed by the Republican Congress and signed by President Barack Obama ranked second. That bill, which cut taxes by 1.7 percent of GDP, extended the tax cuts passed in 2003 under President George W Bush.

Based on current projections, Trump’s 2025 law ranks third, at 1.4 percent of GDP when factoring in Trump’s 2017 cuts.

Trump’s 2017 law ranks fourth at 1 percent, tied with a 2010 law Obama signed that extended Bush’s 2001 tax cuts. Bush’s 2001 and 2003 tax cuts ranked sixth and seventh, with 0.7 percent and 0.5 percent, respectively.

If considering only new tax cuts and not the re-upped 2017 tax cuts, then Trump’s 2025 law would tie for seventh at 0.5 percent of GDP.

Joseph Rosenberg, a senior fellow at the Urban Institute-Brookings Institution Tax Policy Center, said that it’s legitimate to measure the scale of the cuts in the 2025 tax law either way.

What will Americans see in their taxes starting in 2026?

There could be a disconnect between the historical scale of Trump’s 2025 bill and the impact that Americans will notice when filing 2026 taxes.

Because Americans are already paying the lower rates that began in 2017 and that the 2025 law extended, they won’t necessarily notice a sizeable reduction in taxes owed.

“For most families, they are going to see a child tax credit that increases by a maximum of $200 per child, from $2,000 to $2,200,” said Margot Crandall-Hollick, principal research associate at the Urban-Brookings Tax Policy Center. “Some are going to pay a little less because of the tips and overtime provisions and a slightly higher standard deduction.”

The law preserves a more generous standard deduction that had been set to expire and increases it slightly to $15,750 for single filers and $31,500 for joint filers in 2025, to be indexed to inflation annually.

At the same time, Crandall-Hollick said, some families, especially those with lower incomes, will pay higher taxes because of the expiration of health insurance premium tax credits, which were not extended by the Big Beautiful Bill.

Kingsmill’s owner has said it has agreed to buy rival Hovis and plans to merge the companies in a move that would create the UK’s biggest bread brand.

Associated British Foods (ABF) which also owns Primark, Ryvita and Twinings, said it would cut costs to make the two currently loss-making businesses profitable.

The Unite union represents workers at Hovis and Kingsmill and warned it would “not tolerate attacks on jobs, pay or conditions”.

Warburtons is the current market leader in UK breadmaking and the deal would need approval from the competition watchdog in order to go ahead.

Sales of Kingsmill and Hovis loaves are thought to have fallen flat due to a drop in demand for basic pre-packaged bread, as speciality breads such as sourdough and ciabatta took a bigger slice of the market.

Sandwiches and toast are also off the menu for some British consumers who are cutting back on carbohydrates in favour of high-protein diets.

ABF told investors on Friday it had reached an agreement to buy historic brand Hovis from private equity owner Endless.

It said the combined business would be “better placed to compete effectively” and to create new products “as a result of changing consumer tastes and needs.”

ABF’s Allied Bakeries business, which makes Kingsmill and Allinson’s bread, first confirmed talks over a potential deal three months ago.

Hovis, which was founded in 1890, was bought by Endless in 2020 from Premier Foods, which owns the Mr Kipling brand.

ABF said the deal would lead to “significant costs synergies and efficiencies” in an effort to create a sustainably profitable bread business.

George Weston, chief executive of ABF said: “This solution will create value for shareholders, provide greater choice for consumers and increase efficiencies for customers.”

But Unite general secretary Sharon Graham said: “While there is still a long way to go before any buyout happens, Hovis and Kingsmill must ensure that jobs are protected.”

She said Unite would be working to ensure the two brands fully involve the union in any decisions that impact its members.

The deal requires approval from the Competition and Markets Authority.

Royal Caribbean’s Star of the Seas is the world’s biggest cruise ship alongside sister ship Icon of the Seas and we got a first look onboard

The world’s biggest and newest cruise ship set sail on her maiden passenger voyage – and I was lucky enough to be on board. Star of the Seas is a giant floating city with 20 decks crammed with top-notch attractions for the whole family, including a water park, swimming pools, crazy golf, theatres, an ice skating rink, 14 shops and 40 bars and restaurants.

It is so big, it feels quite odd as it will take you a few days to find your way around this monster which set sail from Port Canaveral, Florida, on Wednesday night. But after dashing around the decks, here’s a few highlights of the Royal Caribbean ship that you won’t want to miss. Thrill Island is the largest waterpark at sea with SIX record-breaking water slides.

The biggest is not for the faint-hearted but a must for the adventurous. One of its most daring features is Crown’s Edge, part skywalk and part ride 154ft above the ocean. Adrenaline-seekers navigate a suspended walkway and experience a controlled freefall before gliding down a zipline to the deck below. It is meant to test the bravery of the thrill-seeker – and it certainly does that. After all, it’s the sister ship to Icon of the Seas which is also a hit with adventurous holidaymakers.

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There’s no need to leave the ship if you fancy a bit of surfing, either. The Flow-rider is a wave machine which allows you to go “boogie boarding” and simulate real Surfing USA. Incredibly, 30,000 gallons of water a minute rush under the rider at 30mph creating a five-foot wave. Watch out for the height restrictions of 4ft 10in for stand-up surfing or 4ft 4in for boogie boarding.

If you’d rather chill than thrill head to the adults-only area at the rear of the ship – or the aft as we rookie seafarers call it. There you can relax in the suspended infinity pool and enjoy vast ocean views with a cocktail in hand while grooving to the beat of an Ibiza-style DJ. There’s also a shady bar nearby and a terrace with whirlpools.

Don’t worry about dashing to the bar for a refill. The efficient waiters will attend to your needs and keep your glasses well topped up. Chill Island is a three-deck area for holidaymakers to kick back at four pools, including the Royal Bay, the largest pool at sea. Guests can enjoy live bands while they sip on tropical cocktails from the swim-up bar called The Swim and Tonic.

The bags of entertainment for the kids and sporty types, including a spectacular mini golf course and a sports court offering five-a-side football and basketball on the top deck. Don’t worry about the ball going overboard, either, as it’s entirely covered by netting.

If you’re travelling with a young family, head for Surfside. It’s THE place to stay and play all day, however old the children are. Younger kids and toddlers will have great fun at Splashaway Bay and Baby Bay, while parents can relax nearby. There are plenty of lifeguards, constantly on full alert, so no reason to worry about their safety.

There’s a multi-level playground called Playscape, which includes a rock climbing wall, with safety harnesses provided. Just like Star of the Seas they can take cruising to another level.

You can find out more about Star on the Seas including rates and itineraries on royalcaribbean.com.

For Kalpesh Patel, Diwali, the festival of lights celebrated across India, might well mark lights out for his eight-year-old diamond cutting and polishing unit.

The 35-year-old employs about 40 workers who transform rough diamonds into perfectly polished gems for exports at the small factory in Surat, a city located in the western Indian state of Gujarat.

His business has survived multiple speed bumps in recent years. But United States President Donald Trump’s mammoth 50 percent tariffs on imports from India might be the final nail in the coffin for his unit, part of an already struggling natural diamond industry, he said.

“We still have some orders for Diwali and will try to complete them,” he told Al Jazeera.

Diwali, arguably India’s single biggest festival, scheduled for late October this year, usually sees domestic sales of most goods soar. “But we might have to shut the business even before the festival, as exporters might cancel the orders due to high tariffs in the US,” Patesh said.

“It is becoming increasingly difficult to pay the salaries and maintain other expenses with falling orders.”

He is among the 20,000-odd small and medium traders in Surat, known as the “Diamond City of India”, which together cut and polish 14 out of every 15 natural diamonds produced globally.

The US is their single largest export market. According to the Gem and Jewellery Export Promotion Council (GJEPC), India’s apex body for the industry, the country exported cut and polished gems worth $4.8bn to the US in the 2024-25 financial year, which ended in March. That is more than one-third of India’s total exports of cut and polished diamonds, at $13.2bn over the same period.

Dimpal Shah, a Kolkata-based diamond exporter, told Al Jazeera that orders have already started getting cancelled. “Buyers in the US are refusing to offload the shipped products, citing high tariffs. This is the worst phase of my two-decade-old career in diamonds.”

US imposes penalty

A 25 percent reciprocal tariff on all Indian goods, which Trump announced on April 2, came into effect on August 7, after talks between the two countries failed to yield a trade deal by then. Negotiations are continuing.

Meanwhile, on August 6, Trump announced an additional 25 percent tariff, taking the total tariff rate to 50 percent. He termed the additional tariff that would come into effect from August 27 as a penalty for India’s continued buying of Russian oil, as the US president tries to push Moscow into accepting a ceasefire in Ukraine.

For the gems industry, which already faced a pre-existing 2.1 percent tariff, the effective tariff now amounts to 52.1 percent.

Ajay Srivastava, the founder of Global Research Trade Initiative (GTRI), a trade research group, termed the Trump government’s additional hike as an act of “hypocrisy”, citing how the US itself continues to trade with Russia, and how China – Russia’s biggest oil buyer – faces no similar penalty.

“Trump is targeting India out of frustration as it refused to toe the US line on the Russia-Ukraine conflict, and for its refusal to open its agriculture and dairy sector,” he added, referring to broader ongoing trade talks and differences over US demands for greater access to critical Indian economic sectors.

Yet, whatever the reasons for Trump’s tariffs, they are hurting a diamond industry already bleeding from multiple hits.

Diamond sector badly hit

More than 2 million people are employed in diamond polishing and cutting units in Surat, Ahmedabad and Rajkot cities in Gujarat — and many have already suffered salary cuts in recent years, first because of the COVID-19 pandemic, and then Russia’s full-scale invasion of Ukraine.

“The pandemic led to economic slowdown affecting the international markets in Hong Kong and China,” Ramesh Zilriya, the president of Gujarat’s Diamond Workers Union, told Al Jazeera. The “Western ban on rough diamond imports from Russia due to the Russia-Ukraine war and the G7 ban on Russia also affected our business”, he added.

Russia has historically been a major source of raw diamonds.

Zilriya claimed that 80 diamond workers have died by suicide over the past two years because of this economic crisis.

“The situation in the international market led to the wages of the workers getting halved to approximately 15,000-17,000 rupees ($194) per month, which made survival difficult in the face of rising inflation,” he said.

Once the Trump tariffs fully kick in, Zilriya fears that up to 200,000 people in Gujarat may lose their livelihoods.

Already, more than 120,000 former diamond sector workers have applied for benefits. A 13,500-rupee ($154) allowance per child, to support their families, was promised in May by the state government to those who have lost jobs due to the tumult in the sector in recent years.

But the tariffs, pandemic and war are not alone to blame for the crisis: Lab-grown diamonds are also slowly eating into the market of their natural counterparts.

“Unlike natural [diamonds], the lab-grown diamonds are not mined but manufactured in specialised laboratories and priced at just 10 percent of the natural ones. It is difficult even for a seasoned jeweller to identify the natural and lab-grown with a naked eye. The taste of consumers is now shifting to lab-grown [diamonds], as they are cheap,” said Salim Daginawala, the president of the Surat Jewellers Association.

Decline in exports

In the 2024-25 financial year, India imported rough diamonds worth $10.8bn, marking a 24.27 percent decline from the $14bn imported in 2023-24, as per the statistics by the GJEPC.

The exports of cut and polished natural diamonds similarly witnessed a 16.75 percent decline, with exports declining to $13.2bn in 2024-25 as compared with $16bn in the preceding year.

“This move [the tariffs] would have far-reaching repercussions on the Indian economy that might disrupt critical supply chains, stalling exports and threatening thousands of livelihoods. We hope to get a favourable reduction in tariffs; otherwise, it would be difficult to survive,” said Kirit Bhansali, the chairman of the GJEPC.

The tariffs could also hurt US jewellers, warned Rajesh Rokde, the chairman of the All India Gems and Jewellery Domestic Council (GJC), a national trade federation for the industry.

“The US has around 70,000 jewellers who would also face a crisis if the jewellery becomes expensive,” Rokde added.

A domestic solution?

Traders say that the need of the hour is to increase domestic demand for diamonds and diversify to new markets.

A stronger domestic market “would not only contribute to the local economy, but would also create jobs for several thousands of people”, said Radha Krishna Agrawal, the director of Narayan das Saraf Jewellers in Varanasi city, in the northern state of Uttar Pradesh.

The tariffs, he said, could prove a “blessing in disguise” if they end up reducing the dependence of India’s gems industry “on other countries”.

Bhansali said that the domestic gems and jewellery market was growing, and expected to reach $130bn in the next two years, up from $85bn at the moment. The industry is also looking for new markets, including Latin America and the Middle East.

Gold already offers an example of a strong domestic market, cushioning the impact of hits on exports, said Amit Korat, the president of the Surat Jewellery Manufacturers Association.

But for now, the diamond sector in India has no such shield. It needs to be saved, urgently, said Patel, the Surat business owner on the cusp of shutting down his polishing and cutting unit.

Without help, he said, “the business will lose its shine forever”.