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‘Irrational excitement’ over AI will wipe out tech stocks, says contrarian investor who has nailed prior selloffs

Published

8 months ago

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Steven Jon Kaplan, author of the True Contrarian blog and newsletter, says a popular tech ETF is headed for hard times thanks to “irrational” AI excitement.

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Treasury yields trim declines after PCE inflation reading edges up from Fed’s target

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3 weeks ago

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November 27, 2024

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Treasury yields were trimming earlier declines after a barrage of pre-Thanksgiving economic data added to the case for gradual Fed rate cuts .

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Jobless claims slide to 7-month low. Businesses not cutting many jobs.

Published

3 weeks ago

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November 27, 2024

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The number of Americans who applied for unemployment benefits in the week before the Thanksgiving holiday dipped to a seven-month low in a sign of strength for a steadily expanding U.S. economy.

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More turnover at the top, but this bull still believes in the Weight Watchers parent

Published

3 weeks ago

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November 27, 2024

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D.A. Davidson reckons WW is a buy as its customers need more than a prescription.

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