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Breaking News: Investing

AI hype is supportive of stock valuations, but cracks are emerging elsewhere, warns Schwab’s Sonders

by Walter Watson
AI hype is supportive of stock valuations, but cracks are emerging elsewhere, warns Schwab’s Sonders

Artificial intelligence-related stocks are currently trading at rich valuations after more than a year of investor excitement for the trend. But while fundamental factors around these names are supportive of …

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Jeffrey Gundlach likes this corner of fixed income. It’s yielding 8%

by Ron Morgan
Jeffrey Gundlach likes this corner of fixed income. It’s yielding 8%

The timing of cuts from the Federal Reserve is looking uncertain, but fixed income investor Jeffrey Gundlach has a way to play the theme: BB-rated bank loans. Central bank policymakers …

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GME shares drop to session lows after annual meeting fails to offer details on firm’s strategy

by Walter Watson
GME shares drop to session lows after annual meeting fails to offer details on firm’s strategy

Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024.  Brendan McDermid | …

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Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund

by Walter Watson
Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017.  Tyrone Siu | Reuters Nvidia‘s blistering rally will force a major …

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Warren Buffett Berkshire Hathaway trims stake in EV maker BYD to 6.9%

by Walter Watson
Warren Buffett Berkshire Hathaway trims stake in EV maker BYD to 6.9%

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Berkshire Hathaway, an early investor in BYD thanks to the late Charlie …

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Advisors ‘wary’ of bitcoin ETFs are on slow adoption journey, says BlackRock exec

by Walter Watson
Advisors ‘wary’ of bitcoin ETFs are on slow adoption journey, says BlackRock exec

Jonathan Raa | Nurphoto | Getty Images The long-awaited bitcoin exchange traded funds launched in January, and financial advisors are on their way – though gradually – toward adopting them, …

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Avoid concentration risk with this value play, ETF expert suggests

by Ron Morgan
Avoid concentration risk with this value play, ETF expert suggests

Investors worried about concentration risk in the market may want to consider value-oriented investments. Avantis Investors chief investment strategist Phil McInnis suggests taking a more diversified approach than simply looking …

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Morgan Stanley likes these five stocks, plus this Nvidia alternative

by Walter Watson
Morgan Stanley likes these five stocks, plus this Nvidia alternative

Morgan Stanley analysts named a slate of stocks this week they think are too attractive to ignore. The firm called out a list of overweight-rated companies that have solid prospects …

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Friday trading could trigger $10 billion rush of demand for Nvidia shares

by Walter Watson
Friday trading could trigger  billion rush of demand for Nvidia shares

Key Points The Technology Select Sector SPDR Fund (XLK) has an upcoming rebalance based on Friday’s market caps. Apple and Microsoft are the two biggest holdings in the fund currently, …

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Christina Lewis launches Beatrice Advisors multifamily office

by Anas Siddiqui
Christina Lewis launches Beatrice Advisors multifamily office

Christina Lewis, founder of Beatrice Advisors, at her home office with a portrait of her father, Reginald Lewis. Cindy Johnson Christina Lewis had her first asset allocation meeting with her …

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