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The Bigger They Are, The Harder Tech Titans Could Fall
Intel, Starbucks, and Estée Lauder have something in common – and it’s not the fact that their products are indispensable to New York’s most glam and caffeinated workers. Once market darlings, all of their shares have plunged between 20 and 60% this year,...
2 weeks ago
Global Hedge Funds Bet Big On Chinese Stocks After Major Stimulus
What Does This Mean? During the week of September 23-27, hedge funds significantly increased their Chinese stock investments following Beijing’s expansive stimulus package. According to Goldman Sachs, hedge funds’ allocation to Chinese equities that week...
2 weeks ago
FTSE 100 Sees Modest Gains With Energy And Retail Stocks FTSE 100 Sees Modest Gains With Energy And Retail Stocks
What Does This Mean? Tesco’s Impact: Tesco’s stock jumped 1.6% after the retailer revised its annual profit outlook upwards, thanks to a 10% increase in first-half core profit and a stronger market share. This positive performance from Tesco buoyed the...
1 week ago
US Jobs Report Shifts Federal Reserve Rate Predictions
What Does This Mean? Robust employment numbers have led to a recalibration of Federal Reserve (Fed) rate expectations, challenging the prevailing assumption of steep rate cuts that previously supported various market trades. The dollar, weighed down by $1...
1 week ago
Beyond The “Magnificent”: Five Big Growth Themes To Watch
Nothing stays the same forever – and that’s especially true in the market. While Big Tech stocks still hold the crown, smart investors are diversifying and looking beyond those titans. They’ve got very real concerns about concentration risk – having too m...
1 week ago
A New Era Or A New Bubble: What To Make Of AI
You can say this about artificial intelligence (AI): it knows how to make an entrance. The technology splashed onto the scene in 2022 with a whizbang impact rivalled only by the dot-com frenzy of the late 1990s. And, yeah, that striking similarity has fol...
6 days ago
Boeing Struggles As Seattle Workers Demand Fair Wages
What’s going on here? Boeing is grappling with significant disruption as 33,000 unionized workers across Seattle and the West Coast have been on strike since September 13, demanding a 40% pay rise and rallying political support. What does this mean? B...
18 hours ago
UK Supermarket Sales Rise As Shoppers Prepare For Holidays
What’s going on here? UK supermarkets are ringing up festive cheer, with October sales climbing 4.7% as early holiday shoppers spread their seasonal expenses. What does this mean? With inflation easing, UK consumers are kicking off their Christmas sh...
1 hour ago