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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

AI Risk Is Dominating Conference Calls As Investors Dump Stocks

In what’s turning out to be a great quarter for corporate earnings growth, company executives and investors alike are focused on AI.

Goldman Sachs CEO David Solomon Says The Tech Sell-Off Is "Too Broad"

When deciding whether to buy or sell stocks, it's good to get a wide range of perspectives.

No Clear Path To Ending The Partial Government Shutdown As Lawmakers Dig In Over DHS Oversight

Lawmakers and the White House offered no signs of compromise Sunday in their battle over oversight of federal immigration officers.

Recent

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."

Commentaries

Gundlach Sees Correction Ahead: Others Eager To Buy The Dip

“We’ve already had a pretty strong zig. I’m expecting before long a zag,” he said, calling the one-year Treasury bond the best “risk-free asset” now.

  • More Articles

Popular

FundFocus

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

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

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