The financial sector, along with other value-oriented sectors, is beginning to significantly underperform the major equity benchmarks over the last six weeks. We’ll share a potential short candidate, close to breaking down through a key support level that could indicate much further downside to come. First, let’s visualize the relative performance of the financial sector,
One of the worst-performing investment sectors of the past three years looks ripe for a comeback and may tempt investors looking for high income and capital growth, provided they aren’t afraid of taking a risk or two. After crashing in 2022 and struggling since, real estate investment trusts (Reits) now look cheap, oversold and offer
Worries about upcoming US inflation data and the Federal Reserve’s outlook for interest rates permeated Asian trading floors Wednesday, while the euro continued to struggle owing to political uncertainty in Europe fuelled by shock EU election results. While a surge in Apple helped Wall Street reach another record, investors are growing increasingly nervous that the
Apple ‘s Worldwide Developer Conference on Monday gave us exactly what we needed — reason to believe iPhone users will upgrade their devices sooner rather than later in order to access a new suite of artificial intelligence features. On Monday, the longtime Club holding unveiled its long-awaited generative AI initiatives, known as Apple Intelligence. But
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters It’s always helpful to examine the elements that foster a crash. The first is a frothy stock market. It is no accident that the first modern stock market crash, the Panic of 1907, occurred after the biggest two-year rally in
The recent surge in the Indian stock market, driven by expectations of political stability and policy continuity, has prompted many investors to reassess their investment strategies, particularly when choosing between value and growth stocks. The debate between value and growth investing is long-standing, with each approach having a dedicated group of supporters. Warren Buffett, Charlie
An alternative trading platform CEO wants to revolutionize private equity investing to help mitigate a stalling initial public offering market. So, Forge Global’s Kelly Rodriques partnered with Accuidity to launch the Forge Accuidity Private Market Index this spring. The ultimate goal: Give more investors easier access to unicorns. “This is a major financial innovation that’s
Bitcoin was giving back some gains early Thursday after breaking through the $70,000 barrier but Ether was rising and testing its recent highs. The focus is now on whether the Federal Reserve can give the crypto sector another boost. Bitcoin was down 0.3% over the past 24 hours to $70,958. The largest crypto hit a record
A Salesforce corporate logo hangs over the front door of the Salesforce Tower on January 22, 2024, in New York City. Gary Hershorn | Getty Images LONDON — Enterprise tech giant Salesforce is opening an artificial intelligence center in London, making a bullish bet on the U.K. as a global technology hub. The U.S. software
Some investors might be trying too hard to understand bitcoin and missing an investing opportunity in the process, according to an executive from Fidelity Digital Assets. Matt Horne, head of digital asset strategies at the firm’s custody and trading arm for institutional investors, said investors and advisors are busy sharpening their cryptocurrency thesis when a