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Wall Street Points To Signs The AI Scare Sell-Off Is Overblown

by The Wealth Advisor Contributor
Wall Street analysts and executives in sectors hard-hit by sell-offs are pushing back against the "AI scare."

Featured

JPMorgan Says Trump’s $5 Billion Suit ‘Fraudulently’ Includes Dimon

JPMorgan said President Trump improperly named the bank’s CEO, Jamie Dimon, as a defendant in his lawsuit over closure of his accounts.

Blue Owl Curbs Investor Liquidity Following Asset Sale, Shares Down 3% In Pre-Market Trading

Blue Owl Capital will tighten investor liquidity in its retail-focused Blue Owl Capital Corporation II Fund after offloading $600 million of assets.

Fed Minutes Downplay Impact Of Trump Mortgage Buying On Housing Affordability

An effort launched by the Trump administration to improve home borrowing costs is not coming to much so far per Fed meeting minutes.

Recent

Advisor Wellness

Presidential Hopefuls Declare War On The Rich: Should Your Clients Worry?

Consensus emerges around higher IRS obligations if a Democrat wins the White House. The wealthy need to start reaching for post-tax efficiency now.

Commentaries

Carl Icahn Discloses Caesars Stake and Plans to Push for Sale

He called on the company to refrain from appointing a new chief executive officer until he had the chance to do so.

Commentaries

Templeton Sees "Danger" In Treasury Yields But JPM Scoffs

This year’s rally in Treasuries is an opportunity to sell or get short before the Federal Reserve signals more tightening later this year.

Commentaries

These Are The Sectors To Watch, LPL Says

As for sectors that LPL is watching with caution include utilities and telecoms. The reason? They're more defensive and unlikely to move either way.

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Popular

FundFocus

Investor Dan Ives Says The Tech Selloff That Has Been Spooking Markets Is Actually A ‘Generational Opportunity’ To Get In On The Action

Companies

Cathie Wood’s ARKK Takes Fresh Hit After Falling 50% Since Covid

The Trust Advisor

Robert Duvall's Fortune Of Between 50 And 70 Million Dollars That His Fourth Wife Could Inherit Entirely

Companies

Apple Decouples From Nasdaq, Offering Alternative To AI-Fueled Volatility

FundFocus

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

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