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Investment strategy

Bank of America likes this new AI play from the auto sector

by Walter Watson
Bank of America likes this new AI play from the auto sector

Before a multiyear adoption cycle for artificial intelligence -enabled dashcam technology takes hold, investors should watch a key software stock in the automotive industry , according to Bank of America. …

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The UAE set to be No. 1 ‘wealth magnet’ in the world: Henley research

by Walter Watson
The UAE set to be No. 1 ‘wealth magnet’ in the world: Henley research

The UAE expects to see a net inflow of 6,700 millionaires from around the world by the end of 2024, according to new research. Buena Vista Images | Stone | …

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Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%

by Walter Watson
Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska, on May 3, 2024. David A. Grogan Warren Buffett’s Berkshire Hathaway has scooped …

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These new high yield bond funds are hitting the market as interest rates start to fall

by Walter Watson
These new high yield bond funds are hitting the market as interest rates start to fall

A spate of new funds focused on high yield debt have hit the ETF market in recent months at a time when riskier corporate bonds are at a crossroads. The …

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Bitcoin back below $65,000 for the first time in more than a month

by Walter Watson
Bitcoin back below ,000 for the first time in more than a month

A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images Bitcoin fell …

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Warren warns Powell against weakening Basel III Endgame regulations

by Anas Siddiqui
Warren warns Powell against weakening Basel III Endgame regulations

Sen. Elizabeth Warren, D-Mass., speaks during the Senate Armed Services Committee hearing on security in Afghanistan and in the regions of South and Central Asia, in the Dirksen Building in …

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Fund manager reveals how to invest after India’s election

by Walter Watson
Fund manager reveals how to invest after India’s election

It’s been a volatile time for Indian markets after Prime Minister Narendra Modi failed to secure an absolute majority for his party in the country’s general election. Despite the unexpected …

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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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