With the S&P 500 already up 26% from a low point in late October, money is starting to pour into European stocks. Investors should expect that to continue. The S&P 500 has become expensive, while the Stoxx Europe 600 hasn’t. The S&P 500 is now trading at 20.7 times the per-share earnings its component companies … Read more
Are Oracle and Microsoft rivals or partners when it comes to artificial intelligence? Both, judging by their latest announcements. Oracle ’s recent earnings staked out its claim to be an AI winner as it reported strong demand for its cloud services. That has boosted its stock and helped it get an upgrade to Buy from … Read more
The stock market’s search for new plays on artificial intelligence hardware has led investors to rediscover Hewlett Packard Enterprise . Back in 2015, when the old Hewlett Packard split into two companies, HP Inc.—the other HP—took the personal-computer and printer business. HP Enterprise, meanwhile, sells an assortment of hardware and software to corporate buyers, including … Read more
No cut, no problem—at least not for the stock market. It should have been a bad week for an overextended market, one that had risen for 14 of the previous 15 weeks. A pair of stronger-than-expected January inflation prints forced investors to wake up to the realization that the Federal Reserve won’t be cutting interest … Read more
It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more
Apple, Tesla, and the Rest of the Big 7 Stocks Have Been Winners … Barron’s Source link
Updated Oct. 31, 2023 12:36 am ET SINGAPORE—New U.S. export controls may compel artificial-intelligence giant Nvidia to cancel billions of dollars in next-year orders for its advanced chips to China, a move that could deprive Chinese tech companies of crucial AI resources. The Santa Clara, Calif.-based company had already finished delivering orders of its advanced … Read more
This year has posed an unusual array of challenges for investors, and more could be in store. The major stock market indexes are still up in 2023, powered by a narrow slice of technology stocks, but have been losing ground rapidly. Bond yields have risen sharply, topping 5% on some government debt. The economic outlook … Read more
Both interest rates and the stock market have risen handily in 2023, despite the former being a headwind to the latter. The question is how long it will be before one or the other blinks. Although the returns on cash and bonds can’t really compare to equities longer term, it’s easy to see why higher … Read more