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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.

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.

Recent

Companies

Ex-Jefferies Fund Manager In Fraud Suit Quits Weeks Into New Job

Jordan Chirico, a former portfolio manager at a Jefferies Financial Group hedge fund, has left restaurant chain FAT Brands Inc. after two weeks.

Companies

Pershing (BNY) Has A Strong Position and Outlook For Growth

Pershing, the custody unit of Bank of New York Mellon (BNY), sees hope on the horizon.

Companies

BlackRock Says Gunman From Trump Rally Appeared in Firm’s Ad

Thomas Matthew Crooks, the 20-year-old gunman who shot and injured former President Donald Trump, briefly appeared in an advertisement for Blackrock.

FundFocus

‘Trump Wins Big’ Meme Stock Surges In China

Shares of a Chinese company whose local-language name sounds like “Trump Wins Big” soared, in the latest example of growing bets on election victory.

  • More Articles

Popular

FundFocus

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

FundFocus

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

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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