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Fund Beating 99% Of Peers Sees Few Software Firms Surviving AI

by The Wealth Advisor Contributor
Selling software stocks before the crowd paid off for Nick Evans, a Polar Capital fund manager. His warning: most shares are still toxic.

Featured

In Bitcoin Price Plummet, ETF Flows Are Down But Aren’t Signaling ‘Crypto Winter’ Investor Panic

The bitcoin price crash has stoked fears of another “crypto winter” and has shaken faith in a trade.

How Economic Data Can Often Be Both 'Worse' and 'Good'

An economic metric can simultaneously be getting worse and be good. It can also be both better and bad.

'The Dark Side Of AI': Wall Street Weighs Recent Stock Sell-Off Over Disruption Fears

The stock market just got a look at how disruptive investor concerns over AI could become across multiple industries.

Recent

RIA Knowledgebase

Fake Broker Reports On The Rise

FINRA recently issued an investor alert on fraudsters impersonating FINRA executives, offering bogus investment "guarantees" to investors as part...

RIA Knowledgebase

Cape Cod Advisor Gets 7 Years For $3M Embezzlement

 An Orleans investment adviser has been sentenced to just over 7 years in prison for defrauding her clients of more than $3 million and...

RIA Knowledgebase

Cresset Asset buys Evanston Advisors

Cresset Asset Management announced the acquisition of Evanston Advisors, a Chicago-area SEC RIA.

Commentaries

S&P 500 Could Drop 40%, Top Hedge Fund Warns

“I think people are going to be surprised where the S&P 500 is trading at the end of the year. We’re going at least for a 40% decline from the top."

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Popular

FundFocus

JPMorgan Doubles Down On S&P 500 Target For One Key Reason

FundFocus

Michael Saylor Isn’t Backing Down From Buying Bitcoin. Why MSTR Stock Investors Don’t Like That.

Companies

Robinhood CFO Defends Its Future As Shares Slide 9% After Earnings

The Retirement Advisor

Retirement Law Lets Employers Pair Emergency Savings And 401(k)s, But Few Are Doing So

FundFocus

Wealth Manager Stocks Sink As Traders Flee Next AI Casualty

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