The overnight success of ChatGPT has yet to negatively impact Google’s business, according to Bank of America.BofA highlighted that Google’s downloads remain stable despite the surge in ChatGPT traffic and Bing downloads.The bank reiterated its “Buy” rating of Alphabet and $125 price target, representing 40% upside. Loading Something is loading. Thanks for signing up! Access… Continue reading Investors should buy Alphabet stock as soaring interest in ChatGPT shows no sign of negatively impacting Google’s search business, Bank of America says
Home prices could rise as much as 5% in coming years but don’t expect a bigger jump, NAR chief economist says
There’s pent-up demand in the housing market that will help support home prices once mortgage rates decline again, NAR’s chief economist said. For now, half the country is experiencing price declines and the other half increases, Lawrence Yun told CNBC. “Is it a buyer’s market, seller’s market? Well, it’s time for negotiation. I think people… Continue reading Home prices could rise as much as 5% in coming years but don’t expect a bigger jump, NAR chief economist says
The TSX Venture 50’s top performers all have this key theme in common
This advertisement has not loaded yet, but your article continues below. Watch: TSX chief executive Loui Anastasopoulus on this year’s Venture 50 ranking MX Group Inc. signage is displayed on a screen in the broadcast centre of the Toronto Stock Exchange. Photo by Norm Betts/Bloomberg Article content Companies with a focus on the green transition… Continue reading The TSX Venture 50’s top performers all have this key theme in common
Systematic Trading and Investing Can Protect Us From Ourselves
So many of us find it difficult to manage our investments without emotions of panic or anxiety that often lead to unsound financial decisions. This even applies to those of us who deem ourselves knowledgeable about the markets. That’s why systematic trading and investing can protect us from our own bad decisions. Think about the… Continue reading Systematic Trading and Investing Can Protect Us From Ourselves
Home prices will sink in these cities that were once red hot as supply starts to overwhelm demand
Home prices are set to drop by double digits in Austin, Seattle, Phoenix, and San Francisco, Goldman Sachs said. Those four cities have seen big increases in inventory, and supply is overwhelming demand, analysts wrote in a note. Nationwide, the outlook on home prices is less bleak, with Goldman seeing a 6.1% decline. Loading Something… Continue reading Home prices will sink in these cities that were once red hot as supply starts to overwhelm demand
Nvidia will be dominant in AI and the cloud for the next decade, says portfolio manager; ‘How can you not own this?’
Nvidia will be the dominant computing engine that drives AI and the cloud sector for the next decade, said Alger’s Ankur Crawford. “How can you not own this at some point?” the portfolio manager said on CNBC. She added that the hype over AI isn’t overblown as the technology “will disrupt markets that we thought… Continue reading Nvidia will be dominant in AI and the cloud for the next decade, says portfolio manager; ‘How can you not own this?’
This is the bear market playbook investors should follow as stocks prepare for their next bull run
A bear market in stocks typically ends during a recession, not after one, according to BMO’s Brian Belski.Belski outlined his bullish view for stocks and outlined how investors should be positioned for an eventual bull market.”It is safe to say that the current tightening cycle is nearing an end, which has historically been a positive… Continue reading This is the bear market playbook investors should follow as stocks prepare for their next bull run
TSX seen up 6.2% by year-end, despite ‘wall of worry:’ poll
Predicted to hit record high in 2024 Author of the article: Published Feb 22, 2023 • Last updated 3 days ago • 2 minute read Join the conversation The TSX on a business news ticker in the Financial District in Toronto. Photo by Cole Burston/The Canadian Press files TORONTO — Canada’s main stock index will add… Continue reading TSX seen up 6.2% by year-end, despite ‘wall of worry:’ poll
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