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Software Stocks Enter Bear Market On AI Disruption Fear With ServiceNow Plunging 10%
Investors question whether AI competitors and automation tools could erode demand for traditional software licenses and workflows.
Truth Social Funds Plans Acquisition Of God Bless America ETF
Yorkville America Equities, LLC said on Wednesday it has agreed to acquire the God Bless America ETF.
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Why the Bear Market Hasn't Yet Bottomed: Bank of America
After the S&P 500 slid 23% from the start of the year through June 16, the index has bounced back 17%.
97% of Execs Say We're in a Recession or Headed Toward One, Stifel Survey Finds
The overwhelming majority of corporate executives are bracing for a recession, according to a new survey of over 70 business leaders.
How to Beef Up Your Portfolio Against Inflation
“If we continue to see declining inflation prints, the Federal Reserve may start to slow the pace of monetary tightening.” Nancy Davis, portfolio mgr.
Why There's a 'High Bar' for New EV Tax Credits, According to a Biden Economic Adviser
The White House’s top economic adviser defended restrictions placed on the Inflation Reduction Act (IRA)’s key tax credits.