Cathie Wood, Unfazed By SEC Lawsuit, Picks Up A Whopping $21M Stake In Coinbase Even As Stock Tanked 12%
Cathie Wood-led ARK Investment Management bought a whopping stake in Coinbase Global Inc (NASDAQ:COIN) on Tuesday – a…
Nikkei Index Revisits Glory Days, Surges To 33-Year Highs: 5 US-Listed Japanese Stocks To Watch
The Nikkei 225 stock market index in Japan is seeing a significant rebound in 2023, recalling memories of its glory days when Japanese technology stocks dominated the global scene.
AI-Powered Surge: Nasdaq 100 Index Nears Record First-Half Performance
The Nasdaq 100 index is showing an impressive rally, surging 33% higher year-to-date as of June 6.
AI Stocks To Propel Growth, Summer Likely To Trigger Defensive Shift: Top Wall Street Analyst
A team of quantitative equity analysts at Citigroup, led by Chris Montagu, has highlighted the continued importance of AI-related stocks in bolstering the growth equity style.
Rising Above Recession: Goldman Sachs Anticipates July Rate Hike, Risk Assets Poised To Scale Wall Of Worry
Goldman Sachs (NYSE: GS) has revised its estimate about the U.S.
If You Invested $1,000 In QQQ At The End Of The Great Recession In 2009, Here’s How Much You Would Have Now
Technology stocks have been on a tear amid the hype over artificial intelligence technology and this has proved…
US Services Activity Expands For Fifth Month, But Shows Softening Demand
The ISM Services PMI declined from 51.9 in April 2023 to 50.3 in May, well below market expectations of 52.2, but still indicating the fifth consecutive month of expansion in the service sector.
‘Buy China, Sell AI’ Is The Ultimate Contrarian Trade By This Top Wall Street Analyst: Find Out Why
As investors continue to flock to technology firms on the back of the AI boom, contrarian investors on Wall Street are contemplating the next move to profit on setbacks from the current market euphoria.
A Bolt From The Blue: Treasury Yields Go Haywire; Fitch Retains Negative Watch Despite US Debt Ceiling Resolution
Despite the resolution of the debt ceiling standoff allowing the U.S. government to meet its obligations, Fitch Ratings has chosen to maintain its "Rating Watch Negative" stance on the U.S.
Bullish On Uranium: Senate-Approved Nuclear Energy Bill Fuels Rally In Stocks And ETFs
In response to the passage of a nuclear power law, the stock prices of uranium exploration, extraction, and processing companies have been rising sharply.