In ESG Investing, Money Changes Everything

Cyndi Lauper was not commenting on ESG investing when she sang “Money Changes Everything” in 1984. But she could have been. The entire premise behind ESG investing is to use the power of money to create positive change. What is ESG? ESG encompasses broad areas that companies routinely impact, for better or worse. Businesses inevitably… Continue reading In ESG Investing, Money Changes Everything

A mysterious trader known as ’50 Cent’ may have bet millions that volatility in the stock market will explode

A trader nicknamed “50 Cent” may be placing big bets that the VIX – known as Wall Street’s fear index – will surge.  Someone has bought 100,000 call options for $0.50 each, betting $5 million the VIX will pop up to 50 in May.  Another 50,000 contracts were bought for $0.51, a purchase valued at… Continue reading A mysterious trader known as ’50 Cent’ may have bet millions that volatility in the stock market will explode

Here’s how artificial intelligence is helping financial advisors manage portfolios at Raymond James

Raymond James CEO Paul Reilly told Yahoo Finance how his company is using artificial intelligence.  AI technology is “already here,” he said, and it will only become more influential in the financial sector.  Advisors at the company use a program that can highlight potential investment opportunities. Loading Something is loading. Thanks for signing up! Access… Continue reading Here’s how artificial intelligence is helping financial advisors manage portfolios at Raymond James

Hasbro jumps after earnings reveal Magic: The Gathering has boomed to become $1 billion brand

Hasbro stock jumped 5% on Thursday after the company reported fourth-quarter earnings.Strength in Hasbro’s stock price could largely be attributed to the continued growth of Magic: The Gathering.Hasbro reported mixed earnings results and offered 2023 guidance that was below analyst estimates. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Hasbro jumps after earnings reveal Magic: The Gathering has boomed to become $1 billion brand

Investors should ‘judiciously’ embrace risk and split between growth and value, says a BlackRock fund manager

The economy now appears likely to avoid a recession, so investors can take on some risk, according to BlackRock’s Russ Koesterich. Investors should not choose between growth assets and value assets. Rather, they can split the difference, he told Bloomberg TV. “I think it’s more about picking your spots, having companies with strong cash flow,… Continue reading Investors should ‘judiciously’ embrace risk and split between growth and value, says a BlackRock fund manager

A luxury buying spree is sending shares of companies like Gucci owner Kering and Hermes soaring

Shares of Kering and Hermes are up 17% and 23% year-to-date, partly on optimism around China’s reopening Shares of LVMH hit an all-time high of $176.13 earlier this month. Kering, Hermes, and LVMH helped lead the French CAC 40 to a record high on Thursday. Loading Something is loading. Thanks for signing up! Access your… Continue reading A luxury buying spree is sending shares of companies like Gucci owner Kering and Hermes soaring

Cyclical bull market has already started, BMO’s Belski says

Watch: Brian Belski on the outlook for stock markets amid inflation and recession risks Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files Brian Belski, chief investment strategist at BMO Capital Markets, talks to the Financial Post’s Larysa Harapyn about the path of inflation, the probability of… Continue reading Cyclical bull market has already started, BMO’s Belski says

Investors don’t expect stock rally to last despite recession threat receding: Bank of America survey

66% said stocks are seeing a bear-market rally — signalling they expect them to return to new lows Author of the article: Bloomberg News Sagarika Jaisinghani Published Feb 14, 2023  •  2 minute read Join the conversation A person walks past a Bank of America Corp. sign in the Manhattan borough of New York City.… Continue reading Investors don’t expect stock rally to last despite recession threat receding: Bank of America survey