Big Tech is dominating the market once again — and that's probably just fine: Morning Brief
December is shaping up to be a tale of two markets.
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‘This Is a Great Buying Point,’ Says Analyst About These 2 ‘Strong Buy’ Software Stocks
A few years ago, the cloud transformed how companies use software. The shift moved users from purchasing licenses to subscribing to services, giving rise to the cloud-based software-as-a-service model. Now, we’re witnessing another major shift in the software landscape — the rise of generative AI technology. It’s making waves, and it remains to be seen exactly how they’ll crash ashore. One thing has become clear – the changes in the software industry are creating opportunities for investors. Cov
Aviva’s acquisition of Direct Line will cement its dominance in UK insurance market
By adding Direct Line, a top-five competitor in its own right, Aviva’s lead would widen substantially.
Will BYD take over Europe’s struggling EV market?
European automakers should beware—the world’s largest producer of plug-in cars is Chinese and has plans for European electric domination.
S&P 500 buyers step in ahead of Fed meet despite narrow breadth
(Bloomberg) -- While concern has grown in the past week that narrowing market breadth has tapped the brakes on the S&P 500 Index’s blistering rally, it turns out that stock bulls are still stepping in to snap up shares ahead of the Federal Reserve’s interest-rate decision.Most Read from BloombergHow California Sees the World, and ItselfThe index’s DVAN trend line — a proprietary divergence analysis that measures buying or selling pressure — has been on a buying streak since Election Day, with in
Analysis: Macro a must-have for hedge fund investors betting on 2025 market swings
Next year's top pick for hedge fund strategies is so-called macro, with U.S. President-elect Donald Trump centre-stage as investors bet on how global policy decisions will impact economic conditions and play out in financial markets. Hedge fund returns benefited this year from wild market swings sparked by politics such as November's U.S. election, and twists in monetary policy such as Bank of Japan rate hikes. And investors are readying for more volatility in the year ahead, seven hedge fund investors and portfolio managers told Reuters and a recent survey showed.
Brazil Traders ‘Sell First, Ask Later’ as Panic Hits Markets
(Bloomberg) -- First it was a collapse in the currency. Now the rest of Brazil’s financial markets are in the cross-hairs as investors lose faith in the government’s ability to contain a deepening fiscal crisis.Most Read from BloombergHow California Sees the World, and ItselfThe selloff that sent the real plunging to a record low is engulfing everything from stocks to local-currency debt to dollar bonds, with traders even piling into hedges against a sovereign default. Market watchers say extrao