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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.

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.

Recent

Companies

JPMorgan's 2Q Profits Surge 25% Thanks To One-Time Gain And Wall Street Revival

Second-quarter profits at JPMorgan Chase (JPM) surged, but a drop in a key revenue source demonstrated the challenges facing even the biggest US bank.

Companies

Citi Profit Beats On Surge In Investment Banking, Services Strength

Citigroup beat Wall Street expectations for 2nd-quarter profit boosted by a 60% jump in investment banking revenue and gains in its services division.

FundFocus

Kolanovic Departure Triggers An Echo On Wall Street From 1999

It’s been about 25 years since Wall Street had a serious bear hunt. And it appears another one is starting up now.

Companies

Founder Of Collapsed Hedge Fund Archegos Capital Is Convicted In Securities Fraud Scheme

The founder of Archegos Capital Management, a hedge fund that collapsed in 2021, was convicted Wednesday of securities and market manipulation fraud.

  • 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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