Ron Insana says an AI bubble may be forming, but we’re not there yet
Jaap Arriens | Nurphoto | Getty Images There has been much discussion in the financial media of late as to whether there’s another bubble forming in the publicly traded shares…
Investor behind top tech fund warns mega-cap rally is running on fumes
The investor behind a top 10 global ETF sees a bearish trend in the Big Tech rally. Anna Paglia, who oversees the tech-heavy Invesco QQQ Trust, sees signs investors are…
Vision Fund posts $32 billion loss
SoftBank has faced headwinds in its Vision Fund investment division due to a fall in technology company valuations amid rising interest rates. Kiyoshi Ota | Bloomberg | Getty Images SoftBank…
Here are some of RBC’s top stock picks for the second quarter
RBC Capital Markets anticipates that the next quarter could be choppy for stocks, but the firm shared its list of high-conviction names to navigate the volatility. While many investors believe…
Bitcoin (BTC) price is up 50% this year outperforming stocks and gold
Bitcoin is up 50% so far in 2023, beating major commodities and stock indexes. Industry insiders said the bank collapses have sent investors looking for alternatives to the traditional banking…
Investors see $12,000 to $30,000
After a tumultuous 2022, crypto investors are trying to figure out when the next bitcoin bull run could be. Last week, at a crypto conference in St. Moritz, Switzerland, CNBC…
Sam Bankman-Fried denies stealing FTX user crypto in new Substack post
Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Timothy A.…
Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market ‘surprises’
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for financial…
How the industry lost $7.4 trillion in one year
Pedestrians walk past the NASDAQ MarketSite in New York’s Times Square. Eric Thayer | Reuters It seems like an eternity ago, but it’s just been a year. At this time…
Under-the-radar trend shows tech investors loyal despite major losses
It appears most ETF investors aren’t cashing out of technology despite this year’s painful losses. The widely-held ARK Innovation ETF and the Technology Select Sector SPDR Fund, down 59% and…