Looking for AI companies to invest in? Stock markets have always been an ever-evolving landscape. Over time, certain technologies come out of nowhere to disrupt the market. Our constant strive for innovation has propelled society faster than expected. In recent years, one market-disrupting innovation, A.I. or Artificial Intelligence, has been constantly discussed in the news. … Read more
The market ended the week with mixed results, with Financial stocks slowly recovering and Communication Services ending with -3.05%. The S&P500 and Dow Jones Indices also performed flatly, with S&P500 ending at -0.10% and -0.23%. Investors are still waiting for clear signals with next week’s potential interest rate hike and mixed earnings results. Index Last … Read more
The markets ended lower as soft economic data affirmed a higher potential for the Federal Reserve’s interest rate hike, dampening investor enthusiasm. The S&P closed at a meager 0.79%, while the Dow closed at -1.18%. Consumer Services and Information Technology stocks still dominate YTD by sector performance, while Financials is still the worst-performing sector. With … Read more
Markets closed strong last week due to increased signs of the economy’s inflation cooling off and strengthening hopes that the Fed might slow down with its very aggressive interest rate hike. The S&P ended at a 3.48% gain and slightly gained its performance for the year. The energy sector was leading the pack and Consumer … Read more
Last week, the markets were hit with more market-crushing news: Credit Suisse was under pressure when its top backer Saudi National Bank told reporters that they could not offer additional investment to the bank due to potential regulatory issues. This snowballed and led to Credit Suisse being acquired by UBS on Sunday, March 19, 2023. … Read more
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