‘Great tailwind’: Asset manager is bullish on this under-the-radar AI stock
According to Deepwater Asset Management, one under-the-radar AI stock will be essential for the long-term infrastructure rollout of artificial intelligence.
‘Best performing emerging market’: Analysts name stocks to cash in on India’s boom
AllianceBernstein analysts expect India to give “one of the highest returns among key markets throughout the world for the next several years.”
S&P 500 closes lower on Friday, but notches second straight positive week: Live updates
The S&P 500 and the Nasdaq Composite ended Friday on a down beat.
Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loans
Higher rates are expected to lead to a jump in losses on banks’ bond portfolios and contribute to funding pressures.
Leon Cooperman expects very little from the market and is only interested in individual stocks
Billionaire investor Leon Cooperman remains a bear with little interest in the broader stock market, which he says underestimates the risk of a fiscal crisis.
Getting to 2% inflation won’t be easy. This is what will need to happen, and it might not be pretty
In theory, getting inflation closer to the Fed’s target doesn’t sound terribly difficult. In practice, it could be a different story.
Investors sit out ether futures ETFs as spot bitcoin fund hangs in limbo
Investor appetite for ether futures exchange-traded funds has remained muted, despite a surge in new listings.
These 3 bank stocks are Wall Street’s favorites heading into earnings reports for the industry
Banks have been feeling the pressure against the backdrop of higher interest rates, but these three names could emerge as winners this earnings season.
Cathie Wood says AI is highly deflationary and her top picks include Twilio and UiPath
“AI is going to lead to one of the biggest improvements in productivity … which is highly anti-inflationary,” Wood said at CNBC’s Financial Advisor Summit.
Biden’s Saudi-Israel normalization plans appear distant as Israel pounds Gaza in offensive
The Saudi government has long held that a key sticking point in normalization talks with Israel is the status of Palestinians who live under Israeli occupation.
