AI-related stocks have seen a spectacular surge in 2023, following ChatGPT’s smashing debut. Some of the world’s wealthiest people have made a killing from the rally. Meta founder Mark Zuckerberg and Oracle boss Larry Ellison have seen their personal fortunes swell by over $40 billion each. Loading Something is loading. Thanks for signing up! Access… Continue reading The world’s wealthiest people have got at least $150 billion richer thanks to the AI-fueled stock-market boom
Investors should ride this market rally to new all-time highs early next year by making these 10 investments now, according to 6 market strategists
US stocks have been on fire in the last few months, and strategists think the rally can continue. If the S&P 500 can avoid a pullback, it could make a push toward its all-time high. Here are 10 ways to invest right now to take advantage of the market’s move higher. Investors who weren’t ready… Continue reading Investors should ride this market rally to new all-time highs early next year by making these 10 investments now, according to 6 market strategists
‘Big Short’ investor Steve Eisman looks beyond tech and is making a big bet on infrastructure
Steve Eisman is looking beyond the hype around tech, and is betting big on US infrastructure. Greenification will mean significant investments in the grid, he told Bloomberg’s “Odd Lots” podcast. He cited one utility stock that’s jumped 34% year to date, due to infrastructure needs. Loading Something is loading. Thanks for signing up! Access your… Continue reading ‘Big Short’ investor Steve Eisman looks beyond tech and is making a big bet on infrastructure
Mohamed El-Erian says Fed communication is seen as ‘confused and confusing’ after it held rates and signaled hikes at the same time
Mohamed El-Erian said the Federal Reserve’s latest policy communication was seen as “confused and confusing.” The Fed left interest rates unchanged at its Wednesday meeting, but signaled future increases. The decision was met with a range of reactions, both positive and negative. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Mohamed El-Erian says Fed communication is seen as ‘confused and confusing’ after it held rates and signaled hikes at the same time
Where to Invest for the Rest of 2023
When investors think about the stock market, they tend to characterize it in one of two ways: It’s either a bull market or a bear market, with a clear direction, up or down. But there’s a third option, and we’ve been living it the past year. Call it a trading-range or sideways market. If you… Continue reading Where to Invest for the Rest of 2023
6 Dividend Growth ETFs to Buy
The past couple of years have shone a bright light on one of the many virtues of dividend growth stocks – and by extension, dividend growth ETFs. Inflation eats away at the power of the U.S. dollar, and over the past few years, it has been feasting. In 2021, America suffered a 7% annual inflation… Continue reading 6 Dividend Growth ETFs to Buy
Hong Kong-listed stocks are about to be priced in yuan, giving China’s currency another boost
Hong Kong-listed stocks will be priced in yuan on Monday, giving China’s currency another boost. Two dozen stocks, including Alibaba and Tencent, will be traded in the yuan and the Hong Kong dollar. It comes as Beijing tries to internationalize the yuan and challenge the US dollar in global finance. Loading Something is loading. Thanks… Continue reading Hong Kong-listed stocks are about to be priced in yuan, giving China’s currency another boost
Is the AI stock boom a dot-com-style bubble? David Rosenberg, Jeremy Siegel, and 5 other experts weigh in.
Experts including David Rosenberg and analysts from Wall Street banks including Bank of America have compared the AI stock boom to the dot-com bubble that burst in 2000. At the same time, Wharton’s Jeremy Siegel and Wedbush Securities’ Dan Ives don’t think that will be the case. Here’s a selection of the most recent expert… Continue reading Is the AI stock boom a dot-com-style bubble? David Rosenberg, Jeremy Siegel, and 5 other experts weigh in.
Recent Post
