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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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Asset Managers Roll Out New ETFs To Tap In To AI Buzz
ETFs focused on artificial intelligence are proliferating as asset managers offer investors new ways to tap in to the market enthusiasm for AI.
AI Budgets At Wealth Management Firms To More Than Double In The Next 3-5 Years
The artificial intelligence (AI) budgets at wealth management companies are set to surge from 16 percent to 37 percent within the next 3-5 years.
Robinhood Rolls Out Contracts To Bet On US Presidential Election
Robinhood said it will allow trading in U.S. presidential election event contracts, as it seeks to capitalize on growing retail demand for betting.
Markets Are Moving In Mysterious Ways — And Wall Street Is Struggling To Explain Why
Traditional relationships between stocks, bonds, currencies and commodities like gold are breaking down once again in 2024.