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Morgan Stanley’s Wilson Says Tech Rally Can Run Further On AI
US technology stocks have the scope to rally further as the buzz around artificial intelligence underpins a robust sales outlook, says Morgan Stanley.
Japan Stocks Hit New Highs As Takaichi Win Fuels Spending Hopes
Japanese stocks surged to fresh highs as Prime Minister Sanae Takaichi’s historic win in Sunday’s election ignited expectations of more spending.
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Shoppers Are Facing Shortages of Beer to Popcorn This Summer
Over past few months, seemingly random foods have become wildly expensive or hard to find. A sign that world supply chains are still under pressure.
JPMorgan Strategists See Equity Stress Easing in Second Half
US and European stock markets have been roiled since April, with stubbornly high inflation and hawkish central banks raising the specter of recession.
Wall Street’s Classic Strategy Set for Worse Quarter Than 2008
Time-honored method of allocating 60% to equities and 40% to fixed income has plunged about 14% so far this quarter.
What Biden Is Getting Wrong About Big Oil’s Profits
President Biden singled out ExxonMobil for reaping big profits as a result of high oil and gas prices.