The tech sector has become less attractive as it has hit all-time highs in both price and P/E. Read why I am issuing a 'hold' rating on the tech sector...
Continue ReadingThe U.S. successfully transitioned once again to a services-driven economy after the global disruption caused by the COVID-19 pandemic led to a shift to a goods-driven economy...
Continue ReadingThe first quarter of 2024 saw a divergence in fortunes between equity and fixed income markets. How did we do? Click here to find out...
Continue ReadingIncrease in valuation and positive earnings report prompts upgrade of Apple stock from Sell to Buy. Read an investment analysis of AAPL stock here...
Continue Reading(Bloomberg) -- Cathie Wood’s Ark Investment Management has announced that it holds a stake in Silicon Valley artificial intelligence darling OpenAI, a bet that the nascent AI industry will remake the tech landscape.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsRussian Attacks...
Continue ReadingTesla's popularity continues to rise, but a closer look reveals struggles with Chinese competitors and deteriorating fundamentals. Read more on TSLA here...
Continue ReadingAmazon CEO Andy Jassy touted the company's AI development and shed light on how it crafts AI products and services in his annual letter to Amazon shareholders...
Continue ReadingA top retail analyst said that the shoe company’s passion for creating eco-friendly products is “misaligned with the market,” making profitability ever-elusive...
Continue ReadingMore than 1,300 layoffs hit freight-related companies in Texas, Florida, Illinois, Michigan and Georgia over the past two weeks. The post Over 1,300 layoffs hit logistics companies across US appeared first on FreightWaves...
Continue ReadingNvidia and other AI stocks led Thursday as the market rally looks ready for a new run. JPMorgan kicks off bank earnings Friday...
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