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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

Regulators Fine Citigroup $136 Million In Setback For CEO Jane Fraser

Regulators slapped Citigroup with $136 million in fines for failing to resolve long-standing deficiencies surrounding controls and risk management.

Companies

Questions Persist About The Source of Funds Used by Roaring Kitty To Purchase Shares

A month after the re-emergence of Keith Gill, aka Roaring Kitty, questions persist about the source of funds used to buy GameStop and Chewy shares.

Washington Wire

Goldman Sachs On 'Correction Watch' As Stocks Track CPI, Powell Shift

Fed Chairman Jerome Powell dropped a major hint this week on the central bank's plans to end the longest stretch of high interest rates on record.

Companies

UBS Agrees To $850,000 Payout To Resolve Allegations Of Failing To Supervise Representative

UBS agrees to pay $850,000 to resolve allegations of failing to supervise a registered representative accused of wrongfully channeling money.

  • 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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