Artificial intelligence (AI), for all of its futuristic elements, is not a new category – not by a long shot. The roots of the technology go all the way back to the late 1950s, when computers started to become much more powerful. But the proliferation of AI stocks hasn’t come until much more recently, as… Continue reading 10 Smart Artificial Intelligence (AI) Stocks to Buy | Kiplinger
Janus Henderson Global Equity Income Fund (HFQTX) Hangs Tough | Kiplinger
Value-oriented funds are having a moment, even overseas. Foreign-stock fund Janus Henderson Global Equity Income (HFQTX) – a member of the Kiplinger 25, the list of our favorite low-fee mutual funds – is above water over the past 12 months, despite a selloff in nearly every developed-country stock market around the globe. Its 0.5% return… Continue reading Janus Henderson Global Equity Income Fund (HFQTX) Hangs Tough | Kiplinger
Stock Market Today: Market Moves Mostly Sideways in Quiet Session | Kiplinger
One might have expected a pause in equities after yesterday’s widespread resurgence – after all, that has been stocks’ M.O. throughout 2022’s bear market. And that’s exactly what we got after stocks reversed a morning slump, then let an afternoon rally slip away right before Wednesday’s close. Just like Tuesday, there was no definitive driver… Continue reading Stock Market Today: Market Moves Mostly Sideways in Quiet Session | Kiplinger
Hennessy Cornerstone Value (HFCVX)’s Data-Driven Success | Kiplinger
Staying the course can be difficult for many investors when the stock market gets choppy and drifts down, as it has of late. But that’s not the case for the three managers at Hennessy Cornerstone Value (HFCVX). Over the past 12 months, managers Neil Hennessy, Ryan Kelley and Josh Wein have delivered an astonishing 14.0%… Continue reading Hennessy Cornerstone Value (HFCVX)’s Data-Driven Success | Kiplinger
US stocks rise to shoot for a weekly gain as recession concerns lead to softening bond yields
US stocks rose Friday, with the S&P 500 set to snap a weekly losing streak. Bond yields have been coming down this week, easing some pain for equities. Wall Street’s indexes may rise after three losing weeks. Loading Something is loading. US stocks stepped higher Friday and were on track to snap a run of… Continue reading US stocks rise to shoot for a weekly gain as recession concerns lead to softening bond yields
Hackers stole $100 million worth of cryptos from Harmony’s blockchain in another blow to digital assets
Hackers stole $100 million worth of cryptocurrencies from the Harmony blockchain Thursday. Harmony said in a tweet that it identified the hack early Thursday morning. The theft is the latest blow to the digital asset sector amid market turbulence. Loading Something is loading. Hackers stole $100 million worth of cryptocurrencies from the Harmony blockchain Thursday,… Continue reading Hackers stole $100 million worth of cryptos from Harmony’s blockchain in another blow to digital assets
A key economic bellwether just fell into a bear market — and it’s happened before every recession in the last 30 years
Copper has entered a bear market, which may indicate a stronger chance that recession is coming. The metal, which is an economic barometer, fell 24% from its peak in May 2021 on Friday. The risk of a recession is gathering pace as interest rate hikes and inflation choke global growth. Loading Something is loading. Copper… Continue reading A key economic bellwether just fell into a bear market — and it’s happened before every recession in the last 30 years
Russian oil cargoes get new safety certifications from India to keep crude flowing as Western sanctions squeeze Moscow
Reuters reports that India has given Russian ships new safety certifications as Western companies withdraw their services amid sanctions. The move covers dozens of ships managed by the Dubai arm of Russian group Sovcomflot. India has snapped up massive volumes of cheap Russian crude since the war in Ukraine began. Loading Something is loading. India… Continue reading Russian oil cargoes get new safety certifications from India to keep crude flowing as Western sanctions squeeze Moscow