Your Pulse On America: Live And Unfiltered
The trillion-dollar investment cycle into generative artificial intelligence is only just beginning, and is already starting to pay off, according to John Belton, portfolio manager at Gabelli Funds. Tech companies are set to invest roughly $1 trillion in capital expenditures into AI infrastructure over the coming years, causing some investors to worry the businesses may…
Tech stocks have acted like a stock market safe haven at various times in recent years when volatility went up, such as during the Covid pandemic. But a recent slide in the tech stock often considered to be the safest of all, Apple, has raised questions about that role for the market’s leading sector. As…
Wall Street will continue to monitor the Iran-Israel war next week, with stocks at a bit of an impasse as investors await greater clarity on the economic outlook. The S & P 500 remains on the cusp of an all-time high, more than 2% off a February peak it has yet to clear as investors…
Celsius’ growth story is back, according to TD Cowen, on the strength of its position in women’s energy drinks. Analyst Robert Moskow upgraded Celsius to buy from hold, and raised his price target, saying that an improvement in sales and a creative new direction from management has reinvigorated the energy drink company. His price target,…
John Creekmur, chief investment officer at the Illinois-based Creekmur Wealth Advisors, said that Disney is a buying opportunity after it took full control of Hulu . Shares of the entertainment giant were up more than 2% on Tuesday after Disney agreed to pay Comcast $438.7 million for its stake in Hulu. The move has been…
For investors, the stakes are high for Apple to deliver at its developer conference this week. Apple holds its annual Worldwide Developers Conference in Cupertino, California this week, opened by a keynote address Monday by CEO Tim Cook that many hope will have unveil an artificial intelligence strategy compelling enough to kickstart a new iPhone…
This year has already packed a lot of action into stocks: an aggressively bullish start, a swift correction, and a full recovery from those April losses. But based on the the flows into the U.S. exchange-traded funds, where much of the daily trading action occurs across asset classes, the message coming through most clearly from…
The world of exchange-traded funds is about to face an unprecedented storm of new product launches. A fund industry that has already seen enormous growth in recent decades may soon close to double its presence in the market — and do so in just one month. That’s because of a long-anticipated change from the Securities…
Former U.S. Vice President Mike Pence speaks in observance of Constitution Day at Middle Tennessee State University (MTSU) in Murfreesboro, Tennessee, U.S., September 17, 2024. Seth Herald | Reuters Former Vice President Mike Pence said Sunday that President Donald Trump should turn down the gift of a $400 million jet from the royal family of Qatar, citing national…
Chinese officials, influencers and state-run media on Monday were casting the initial trade agreement and 90-day tariff pause with the U.S. as a victory and a vindication of Beijing’s negotiating strategy. They are arguing that their defiant public posture worked and was a major reason they were able to strike a deal with U.S. officials…