![]() ![]() Using AMD Radeon Settings isn’t good for idle temperatures as it uses the GPU, so we ended up using GPU Shark to get some readings. Since GPU-Z doesn’t yet read the temperatures of VEGA we didn’t have a way to record or log or temperatures. All rights reserved.The gaming performance on a graphics card is the most important factor in buying a card, but you also need to be concerned about the noise, temperature and power consumption numbers. Benzinga does not provide investment advice. This article 'We've Got A Real Crisis Coming Here - There's No Cash,' Says Shark Tank's Kevin O'Leary, Urging Small Businesses To Apply For This Government Program To Survive originally appeared on See more on startup investing from Benzinga:ĭon't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better. ![]() Previously, businesses had to choose between PPP and ERC, but now they can claim both, provided they meet the eligibility criteria. The Consolidated Appropriations Act (CAA) and the American Rescue Plan Act (ARPA), both passed in 2021, introduced changes that allowed businesses that received Paycheck Protection Program (PPP) loans to also claim the ERC. If small businesses did not claim the ERC in previous eligible quarters, they may still have an opportunity to claim the credit retroactively for those periods. According to O'Leary, businesses are not applying and they're eligible. In an effort to assist struggling small-business owners, O'Leary is advocating for the use of the Employee Retention Credit (ERC), a valuable resource that many small businesses are overlooking. With cash flow becoming scarce for small businesses, O'Leary predicts that the situation will only worsen. O'Leary is taking a proactive approach, urging entrepreneurs to listen carefully and offering survival strategies. On the other hand, smaller and family-owned businesses may face the grim choice of shutting down, liquidating or entering bankruptcy. To stay updated with top startup news & investments, sign up for Benzinga's Startup Investing & Equity Crowdfunding NewsletterĪll businesses are at risk of rising costs in servicing debt, but larger and publicly traded companies have the advantage of raising capital from the stock market. This diversification can help mitigate risks during turbulent economic times. Startups often operate in sectors that are not directly tied to the broader market's fluctuations, offering a hedge against potential downturns in other investments. In the face of economic uncertainties and rising interest rates, investing in startups can provide diversification to an investment portfolio. ![]() economy, making this liquidity crunch a concerning matter. Small businesses represent 60% of the U.S. He emphasizes that small businesses are particularly vulnerable, unlike larger companies in the S&P 500 that have no trouble financing their operations. This year alone investors have invested over $84 million on the platform, with StartEngine raising over $17 million from retail investors in their own ongoing raise. This has caused a number of new and interesting trends to emerge, such as the increasing use of startup investing platforms like StartEngine, a company O’Leary owns a stake in. ![]() The rapid and unprecedented speed of these hikes has put small businesses in a difficult position, leading to a surge in the cost of capital. O'Leary said he believes these numbers mask a more significant issue caused by the Federal Reserve's 10 consecutive interest-rate hikes since March 2022. That's not what I hear, and I live in the real world."īillionaires are making their money in the private markets, and This Startup Is Revolutionizing Healthcare Investment so anyone can get involved When questioned about the reported surge in small business optimism, O'Leary responded, "No. The National Federation of Independent Businesses' Small Business Optimism Index increased to 91 in June, a seven-month high but still below the 49-year average of 98. Small businesses, in particular, are struggling despite a slight uptick in optimism. The possibility of further rate hikes looms, adding to their anxiety as they fear it could push certain sectors into deeper distress. Entrepreneurs and business owners continue to face economic pressures and rising interest rates. O'Leary, who works closely with small and mid-sized businesses, said he doesn't see optimism increasing in the economy as some may suggest.ĭespite reports of optimism in the data, O'Leary's interactions with businesses across various states reveal a different reality - entrepreneurs are far from content with the prevailing economic conditions. Kevin O'Leary, the entrepreneur and "Shark Tank" television star, expressed concern over a "crisis emerging" in the United States during a recent interview on Fox Business. ![]()
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