The hype in artificial intelligence is real, but hasn’t yet formed a bubble in stocks tied to the sector, according to DataTrek.The research firm said retail investors have yet to pile into AI stocks and fuel a bubble frenzy like they did during the pandemic.”Interest in ‘tech stock’ is nowhere near levels reached during the… Continue reading The hype in AI stocks isn’t a bubble yet, and little buy in from retail investors means there’s room for more upside
Goldman Sachs: Buy these 51 beaten-down stocks that will outperform if the US avoids a recession
Goldman Sachs is still projecting solid economic growth in 2023 and 2024. The firm expects continued declines in inflation and strength in the labor market. Here are 51 inexpensive stocks to buy that have lagged but are still high quality. The US economy seems to be running on fumes after last quarter’s anemic GDP report,… Continue reading Goldman Sachs: Buy these 51 beaten-down stocks that will outperform if the US avoids a recession
Stock Market Today: Stocks Jump on Debt Ceiling Progress
Stocks opened higher ahead of the long holiday weekend and kept climbing into the close. Lifting investor sentiment were reports of progress being made on the debt ceiling front, though no deal had been announced by the time the closing bell rang Friday. House Speaker Kevin McCarthy told reporters this morning that negotiators “worked… Continue reading Stock Market Today: Stocks Jump on Debt Ceiling Progress
cryptocurrency: Advice, News, Features & Tips | Kiplinger
Latest Is Investing in Bitcoin and Other Cryptocurrencies Really Just Gambling? Politicians in the UK are arguing investing in cryptocurrency is really gambling. A Kiplinger editor weighs in. Is the Dollar’s Role as the Top Currency Safe? Kiplinger Economic Forecasts Is the dollar’s role as the top currency safe? Kiplinger Economic Forecasts By Rodrigo Sermeño… Continue reading cryptocurrency: Advice, News, Features & Tips | Kiplinger
Nvidia is up 165% in 2023. Here’s why its the clear winner in the AI race so far.
Nvidia stock has soared 165% in 2023 as investors wake up to the potential of artificial intelligence.Nvidia appears best positioned for AI growth as companies rely on its high-tech GPUs to power chatbots like ChatGPT and Bard.Here’s why Nvidia is poised to continue to dominate AI. Loading Something is loading. Thanks for signing up! Access… Continue reading Nvidia is up 165% in 2023. Here’s why its the clear winner in the AI race so far.
Investors will still flock to US Treasurys in a default – but the crisis would make these alternatives more attractive down the line
Atlantic Council senior director Josh Lipsky said investors would still turn to US Treasurys immediately after a default. But long term, a default hurts the credibility of the US, and investors would seek other assets, he told Insider. “More and more countries will look for alternatives, and eventually they will find them.” Loading Something is… Continue reading Investors will still flock to US Treasurys in a default – but the crisis would make these alternatives more attractive down the line
Warren Buffett slammed the last debt-ceiling crisis as stupid waste of time – and called for the government’s borrowing limit to be removed
Warren Buffett doesn’t expect the debt-ceiling debacle to result in a US government default. He slammed the 2011 standoff as a silly waste of time, and said the borrowing limit shouldn’t exist. Buffett warned that not raising the debt ceiling might be Congress’ most idiotic move ever. Loading Something is loading. Thanks for signing up!… Continue reading Warren Buffett slammed the last debt-ceiling crisis as stupid waste of time – and called for the government’s borrowing limit to be removed
JPMorgan, Blackstone, BlackRock don’t expect a US debt default – Wharton professor Jeremy Siegel says it’s a ‘zero chance’ risk.
Economists including Jeremy Siegel ruled out a US debt default, saying the political standoff over the borrowing limit will be resolved in time, as it has done many times in the past. JPMorgan’s Jamie Dimon and Blackstone’s Stephen Schwarzman are also optimistic that a default will be avoided. Here is a selection of recent commentary… Continue reading JPMorgan, Blackstone, BlackRock don’t expect a US debt default – Wharton professor Jeremy Siegel says it’s a ‘zero chance’ risk.
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