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

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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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A lot of your personal wealth is tied up in your employer. How to spread out the risk.

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Direct indexing and individualized portfolios can help an investor avoid overexposure to an employer’s stock

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Phunware stock climbs 18% after mobile-advertising company touts generative AI

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Shares of Phunware Inc. rose 17.6% on Wednesday after the mobile-advertising software company gave a business update and announced the development of a new generative-AI platform.

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ETFs that buy Chinese stocks struggle lately amid ‘lost faith’ in China stimulus

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Chinese stocks are under pressure lately, with declines this month eroding gains from the massive rally sparked by China’s stimulus announcement in September.

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