It has been a not-so magnificent Tuesday. The “Magnificent Seven” group of technology companies that…
asset management
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STOCK MARKET
Airship AI’s stock rockets upon DOJ contract, as shares of other AI plays slip
by userby userThe technology sector was moving lower Tuesday, taking with it a host of hot stocks…
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STOCK MARKET
AI, software and semiconductor stocks are too popular for their own good
by userby user“Don’t fall into the trap of thinking that every tech company which mentions AI belongs…
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STOCK MARKET
Retirement balances are at their highest in nearly two years, with 20% jump in 401(k) millionaires
by userby userThe fourth quarter ended on an upswing for retirement savers. Retirement-account balances hit their highest…
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Third Point founder and chief executive Dan Loeb, in a colorful way, isn’t a believer…
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STOCK MARKET
George Soros’ fund set to become largest shareholder in radio giant Audacy
by userby userRadio and podcasting giant Audacy Inc. has received court approval to emerge from bankruptcy, with…
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STOCK MARKET
Why high-yield bond ETFs may deliver ‘surprise’ outperformance in fixed income in 2024
by userby userHello! For this week’s ETF Wrap, I caught up with Michael Arone, State Street’s chief…
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STOCK MARKET
Activist investor Trian assails Disney moves as ‘spaghetti-against-the-wall plan’
by userby userNelson Peltz’s Trian Fund Management, which is headed for a showdown with Walt Disney Co. at…
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STOCK MARKET
Fund managers no longer expect a recession as they snap up tech stocks, survey finds
by userby userFund managers are no longer forecasting a U.S. recession for the first time in a…
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STOCK MARKET
Why income hunters should go for dividend compounders over high-yielding stocks
by userby userAn investor who needs income right now has an advantage — short-term interest rates remain…