Hedge funds are dumping tech stocks despite their recent rally, says Goldman Sachs
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MarketWatch - Business
Hedge fund selling of tech stocks has limited potential for crash, JPMorgan says
Hedge funds in June sold off tech stocks at their fastest rate on record. This sell-off has limited the potential for a crash, JPMorgan said. -
MarketWatch - Business
Big tech is not the haven some claim, so it’s time to raise cash, says this hedge fund
Tech winners are not immune to an economic slowdown -
Financial Times - Business
Goldman Sachs faces uphill battle in dispute with Fed over stress test
Chance of reconsidering its grade ‘close to zero’ as US central bank has never overturned an assessment on appealFederal Reserve -
Financial Times - Business
Sex offender worked at Goldman Sachs months after conviction
Ronan O’Grady pleaded guilty to sexual assault in February and was sentenced in late June -
Financial Times - World
Trump distances himself from right-wing ‘Project 2025’ policy blueprint
Conservative groups have outlined far-reaching overhaul of federal government should ex-president clinch second termDonald Trump -
Financial Times - World
Clash of clans: can the Democrats stay united if Biden is toppled?
The president brought together a party riven on class, age and racial issues. What happens if he goes?Joe Biden -
The Guardian - World
Marine Le Pen says National Rally have ‘serious chance’ for absolute majority despite polls – Europe live
Polling has shown that the most likely scenario on Sunday is that National Rally will not win an absolute majority of seats. And here’s another new poll, conducted for Les Echos.. This poll puts the far right National Front at between 205 and 230 ... -
The Wall Street Journal - World
This Ex-Hedge Fund Manager Is Trump's Secret Fundraising Weapon
‘Duke’s magic is he coaxes out multiples of what you intended to contribute’Donald Trump -
CNBC - Business
Goldman Sachs upgrades UK growth forecast after huge Labour election win
Goldman Sachs upgraded its growth forecast for the U.K. after the Labour Party’s landslide victory in the country’s general election.United Kingdom -
The Wall Street Journal - World
Indian Stock Market Outlook Looks Bright After Recent Elections
The outlook for India’s stock market performance in the coming decade is bright, buoyed by optimism about the country’s economic prospects after last month’s general election results, according to analysts. -
The Wall Street Journal - World
Tesla's Stock Rallies, Erasing Losses for the Year
Tesla shares have jumped about 25% this week on better-than-expected sales results, pushing the stock around the break-even point for 2024. -
MarketWatch - Business
Is your active mutual fund beating the U.S. stock market this year?
Professional stock pickers who run mutual funds focused on U.S. stocks struggled in June, with only a small majority beating their benchmarks in the first half of this year, according to BofA Global Research. -
The Wall Street Journal - World
Why Your Fund Manager Can't Beat Today's Stock Market
The time seems just right for active stock pickers to beat the market. Why, then, are they doing even worse than usual? -
The Wall Street Journal - World
Hurricane Beryl Shouldn't Pose Threat to Specialty Insurers' Full-Year Targets
Potential Hurricane Beryl losses shouldn’t threaten European specialty insurers’ and reinsurers’ full-year targets, though it is still too soon to tell, RBC Capital Markets said. -
MarketWatch - Business
Intuitive Machines’ stock pares gains as next moon mission approaches
Shares of Intuitive Machines Inc. pared their recent gains as the space-exploration company’s next moon mission approaches. -
Financial Times - World
UK housebuilder stocks rally after Labour election landslide
Keir Starmer’s party has promised to deliver 1.5mn new homes over five yearsUnited Kingdom -
MarketWatch - Business
Koss continues rally as meme-stock chatter continues around headphone maker
Shares of Koss Corp. rose again Friday as meme-stock chatter continues to swirl around the headphone maker. -
MarketWatch - Business
Macy’s stock rallies as Arkhouse, Brigade reportedly sweeten their buyout offer
After earlier unsuccessful buyout bids for Macy’s Inc., investment firms Arkhouse Management and Brigade Capital Management are trying again, raising their offer for the retailer by around $300 million, the Wall Street Journal reported on Wednesday. -
MarketWatch - Business
After a roaring first half, stocks are stretched — but the rally isn’t over yet
Earnings season is coming — here’s what you need to know. -
MarketWatch - Business
Buy this retailer’s stock as an AI play, analyst says
D.A. Davidson’s Michael Baker points to one retailer that stands to get a big AI boost in the coming months. -
Financial Times - Business
British Airways owner IAG warns airfares must rise to fund carbon cuts
Company’s chief Luis Gallego expects cost implications of switch to cleaner fuel to hit passenger demand -
MarketWatch - Business
Wall Street’s most bearish strategist is leaving JPMorgan. Here’s a look at his market calls.
Chief market strategist Marko Kolanovic is leaving JPMorgan Chase & Co. following a 19-year stretch with the bank, according to a person at the investment bank who shared details from two internal memos with MarketWatch on Wednesday. -
CBS News - Top stories
Biden says he's not going anywhere despite growing calls for him to drop out of 2024 race
President Biden's debate performance last week against former President Donald Trump is continuing to cast a long, dark shadow over his reelection run as calls grow for him to drop out of the race. Mr. Biden said Thursday he's not going anywhere. ...Joe Biden -
ESPN - Sports
Pegula dumped out of Wimbledon in loss to Wang
Jessica Pegula became the highest-seeded women's player to lose at Wimbledon, as the No. 5-seeded American was defeated by Wang Xinyu 6-4, 6-7 (7), 6-1 in the second round. -
NBC News - Top stories
North Carolina's Latino population is growing — but not its recent voter turnout
As Democrats look to flip the battleground state back into the presidential win column for the first time since 2008, Latinos will be a key factor — but organizers are finding it challenging. -
The New York Times - Business
Investors Bet on Rate Cuts as Recent Data Suggests Slowdown
Markets are expecting the Federal Reserve to make roughly two reductions of a quarter-point each this year. -
MarketWatch - Business
More recent graduates are eyeing government jobs. There are plenty of openings for them.
Government has helped drive job growth over the last year — and Gen Z workers have taken note of the sector’s higher stability. -
Financial Times - World
Orbán meets Putin despite EU outcry
Hungarian PM says positions of Moscow and Kyiv remain ‘very far from one another’European Union -
CBS News - Top stories
The best Walmart 4th of July tech and home deals
Snag some great deals at Walmart, whether you want some new tech gadgets, home goods or cleaning devices. -
Wired - Tech
How Keir Starmer Can Fix the UK’s Tech Industry
The new Labour government could bring about a renaissance in UK tech and bolster the country’s precarious post-Brexit startup pipeline. That’s if politics don’t get in the way. -
The Wall Street Journal - World
Tech, Media & Telecom Roundup: Market Talk
Read about Chinese technology in cars, Canada’s decision to enact a digital-services tax, Ericsson, and more in the Market Talks covering Technology, Media and Telecom. -
Inc. - Business
Corporate Greed and Other Scapegoats for the Sad State of Tech
When we keep pointing at the obvious, we let the problem fester. -
Financial Times - World
New podcast series: China’s race to tech supremacy
Is China destined to overtake the US as the world’s technology superpower?China -
Yahoo Sports - Sports
Based on a simple look at recent history, Jared Goff might have a decent shot at MVP
The Lions should be a good team, and that matters to the MVP race. -
NBC News - Top stories
Biden holds campaign rally in Wisconsin
Watch live coverage as President Biden speaks at a campaign event in Madison, Wis. Biden continues to face criticism and calls for him to withdraw from the race after his debate against former President Trump.Joe Biden -
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Inc. - Business
AI Deals Push VC Funding Total to 2-Year High
While the number of investments isn't climbing, the huge amounts of capital needed for AI development drove the quarterly figure to $55.6 billion.Artificial Intelligence -
MarketWatch - Business
These tips for investing in mutual funds and ETFs give your portfolio a leg up
Trimming Nvidia, earnings season prep and thematic ETFs lose popularity. -
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The New York Times - Top stories
Some of Biden’s Upcoming Fund-Raising Events Face New Uncertainty
Plans for a late July fund-raiser in Wisconsin are now off, and it’s unclear whether another event in Texas will proceed, following President Biden’s disastrous debate performance.Joe Biden