Cathie Wood buys falling tech stocks, anticipating a market rebound Investors like Wood see slipping stocks as a bargain, while others prepare for a bear market. Fortune · Aug 8, 2024
With recession looming Wells Fargo sees a small bank in Puerto Rico and two other ‘places to hide’ from stock market fall-out As the S&P 500 fell 6.5% in five days a new Wells Fargo report says a couple regional banks, trust banks and an unusual play in Puerto Rico could withstand a full-blow recession Fortune · Aug 5, 2024
Asian markets are in meltdown as Japan erases all the gains from this year's record-breaking stock rally Investing in Japan now will be like “catching a falling knife,” UBS regional chief investment officer Kelvin Tay said in a TV interview. Fortune · Aug 5, 2024
Call for Woodside to extract more value, not more gas Woodside Energy is under fire for its management of climate risk and capital as activist investors slam recent "high-cost, high-emission" acquisitions. AAP · Jul 31, 2024
One out of every 15 Americans is a millionaire, UBS says The U.S. has 22 million people worth at least $1 million, according to UBS, about the same as Western Europe and China combined. Fortune · Jul 29, 2024
Where are the world’s millionaires and how is wealth divided globally? Almost half of the world’s wealth, or $213 trillion, is held by just 1.5 percent of the global adult population. Al Jazeera · Jul 27, 2024
Tesla's Energy Business Shines Amid Electric Vehicle Slowdown Tesla's energy business thrives amidst EV sales slowdown, showing resilience and growth potential in sustainable energy solutions. Top News · Jul 24, 2024
A new round of Trump tariffs on China would drastically slow its economy Donald Trump has said he could impose a 60% tariff on Chinese imports if he returns to the White House. Fortune · Jul 20, 2024
1 Gold ETF to Consider Ahead of the Fed's First Rate Cut Gold remains a top investment option in 2024, given the yellow metal has historically outpaced inflation and created significant wealth for long-term investors. Barchart · Jul 20, 2024
Is Andrew Forrest’s energy dream in peril? The future of green hydrogen in Australia explained Fortescue announced 700 job cuts this week in a bid to remain ‘lean’. So what does it mean for green hydrogen? The Guardian - AU · Jul 19, 2024
Nvidia Stock Surges As TSMC Reports Strong AI Chip Demand Despite 'Damaging' Statement From Donald Trump Nvidia's stock price jumped nearly 3 percent on Thursday. This bounce back comes after the industry's worst day since 2020. International Business Times UK · Jul 19, 2024
Is Tesla Stock a Buy or Sell on Robotaxi Delay? Down 39% from all-time highs, Tesla stock still trades at a premium to consensus price target estimates in July 2024. Barchart · Jul 16, 2024
Tesla's AI dreams may ‘materialize on a longer time horizon (or not at all),’ UBS warns “While TSLA is investing heavily in AI and the tech is making progress, investment is costly, pace of improvement may slow and the payoff is long dated,” UBS analyst Joseph Spak warned. Fortune · Jul 12, 2024
Millennials and Gen Z will inherit $83.5 trillion in the next two decades—but not before spouses of the wealthy obtain their $9 trillion The report from UBS also had some good news for consumers. Not only is it easier to climb the wealth ladder than it is to fall back down it, but in the U.S., individuals across the income spectrum are set to get wealthier. Fortune · Jul 12, 2024
Fortune · Jul 11, 2024 Archegos speculator Bill Hwang could spend the rest of his life behind bars after his disastrous bets ushered in the demise of Credit Suisse Federal jury finds Hwang lied to lenders over the size and scope of his bets on stocks like ViacomCBS in order to juice returns, causing $10 billion in combined losses.
Fortune · Jul 11, 2024 U.K. has 'far more millionaires than it deserves' as 500,000 to flee to Italy and Spain The U.K. will lose 17% of its millionaires in the coming years, but the country's government shouldn't worry.
The Guardian - AU · Jul 10, 2024 AI datacentres to strain Australia’s energy supply, spike prices without change, expert says UBS analyst says tech firms must ensure datacentres have ability to power up and down like aluminium smelters
Barchart · Jul 9, 2024 Stocks Finish Higher on Balanced Comments from Fed Chair Powell The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.07%. Stock indexes settled mixed on Tuesday, with the S&P 500 and Nasdaq 100 posting...
Barchart · Jul 9, 2024 Chip Stock Strength Pushes the S&P 500 and Nasdaq 100 to Record Highs The S&P 500 Index ($SPX ) (SPY ) today is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.28%. Stock indexes today are mixed, with the S&P 500 and Nasdaq 100 posting new...
Kiplinger · Jul 1, 2024 Boeing to Acquire Spirit AeroSystems: What to Know Boeing will buy Spirit for $4.7 billion in stock as it looks to improve the safety and quality of its airplanes. Here's what you need to know.
Barchart · Jun 27, 2024 3 Stocks Set to Rise if Trump Wins the 2024 Election If Donald Trump wins the 2024 election, stocks like Cheniere Energy, General Motors, and Nucor Corporation could benefit from White House policies favoring deregulation, domestic manufacturing, and higher tariffs.
Fortune · Jun 26, 2024 Carnival shares rise as flood of demand for cruise bookings bolsters record quarterly results The momentum is driven by record booking volumes for 2025 sailings, the cruise company announced on Tuesday.
Fortune · Jun 22, 2024 Slowing online sales can boost brick and mortar stores thanks to their singular advantage, say UBS analysts The percentage of U.S. consumers buying online fell 3% year-over-year, according to a recent survey.
Barchart · Jun 21, 2024 Forget GameStop, Here's the Old-School Retail Stock Analysts Are Betting On After its well-received earnings report, analysts at UBS upgraded Best Buy, predicting more upside ahead for the big-box retailer.
Barchart · Jun 18, 2024 Strength in Chip Stocks Pushes the S&P 500 to a New Record High The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.03%. Stock indexes Tuesday posted modest gains, with the S&P 500 climbing to a new...