
Hard-Charging Tech Stocks May Slow for the Rest of 2023, Ned Davis Says
Technology leaders are off since mid-July, amid new investor wariness and concerns over their high valuations, the research firm contends.
Technology leaders are off since mid-July, amid new investor wariness and concerns over their high valuations, the research firm contends.
However, the Joint Staff Pension Fund’s asset value had recouped more than half of those losses by July 20.
Big tech mega caps skew the profits picture, and stripping them out makes the outlook flat.
No additional rate hikes, one more, two more? Strategists ponder what comes next after the CPI news.
Perhaps the 2020 downturn was just Part 1, BCA Research warns.
An encouraging second quarter, with a star offering, is stoking dormant optimism.
Some strategists say pandemic spending and other factors have severed the historic sequence.
Companies that achieved tech advantages (such as Microsoft) and pricing power (John Deere) will triumph, says JPM’s Jared Gross.
Foreign investment is surging into American industrial construction, according to the strategist.
While political controversy dogs green initiatives, artificial intelligence replaces them as the new popular topic.
Traders in the beaten-down commodity, an economic bellwether, are taking long positions in its futures.
It was a tough year, but margins didn’t suffer that much, ISS Market Intelligence says.
Over the past three decades, reliance on a handful of big stocks (like we have now) does not end well, according to the CFRA strategist.
Mississippi’s public employees' fund, a Louisiana sheriffs’ fund and the state of Rhode Island were among the lead plaintiffs.
Artificial intelligence-fueled productivity should expand margins by 4 percentage points, the firm projects, but it won’t happen right away.