News

Shares in several major cybersecurity stocks closed sharply lower on Wednesday after tech titan Microsoft (NASDAQ:MSFT) expanded its product and service offerings in this sector.

Such a move

Investors were net sellers of fund assets (including those of conventional funds and ETFs) for the third week in four, withdrawing a net $18.0 billion for the LSEG Lipper fund-flows week ended

• Burberry Q1 sales jump 19% on rebound in Asia, offsetting declines in the Americas
• US Federal Trade Commission throws another legal hurdle at Microsoft’s bid to close $69bn Activision deal

Key Takeaways

• Private companies trading nearly on par with their second-most-recent primary fundraising round
• Positive signs as buy interest on Forge Markets ticks up to ten-month high

• Key Bank of England reports show UK lenders are resilient, while global market uncertainty persists
• UK’s competition watchdog changes tack in a win for Microsoft’s acquisition of Activision

• Massachusetts has highest rate of searches for new technology like ChatGPT and virtual reality 
• New Jersey ranks seventh in study of how much each state is Googling terms related to major

Key Points

• Caribou surged 45% yesterday after news broke that Pfizer invested $25 million.
• The investment by Pfizer signals a strong confidence in Caribou’s pipeline and lead candidates.

When the greatest trader of our generation makes a prediction, I listen.

Steve Cohen amassed a $17.5 billion fortune by creating one of the most successful hedge funds of all time.

He had

Now is the time for investors to prepare for the Federal Reserve to resume interest rate hikes, which will impact global stock markets, warns the CEO and founder of one of the world’s largest

Key Points

• Shares are up 60% this year. 
• Cooling inflation readings and a risk-on sentiment have fuelled the rally. 
• Valuation concerns are growing, though, and are not without reason.

In his Daily Market Notes report to investors, Louis Navellier wrote: 

Two-year over 5%, ten-year over 4%, and stocks pull back over 1%.

The non-dovish Fed minutes, more hawkish Fed-Speak

Summary:

• For Q2 2023, equity funds (+4.36% on average) posted their third quarterly gain in a row.
• Lipper’s U.S. Diversified Equity Funds macro-classification (+6.25%) outpaced the other six

Key Points

• Nike had a decent quarter, but margin pressure is still present, and the guidance is weak. 
• Analysts support the bull case, but no upgrades or price target increases have emerged

Artificial intelligence (AI) is slowly becoming an integral part of our daily life. AI already helps us to personalize our social media feeds, web searches and online purchases, and in the future

In his Daily Market Notes report to investors, Louis Navellier wrote: 

A New Bull Market

The market ends the first half on a high. All signals are green.

The Bears are in retreat. All the

Dividend Aristocrats are stocks in the S&P 500 Index that have grown their dividends for at least 25 consecutive years. Most of these companies have achieved such long dividend growth streaks

Amazon Web Services (AWS), an Amazon.com-owned cloud business, announced on Thursday it will invest $100 million in a new program to connect its machine learning (ML) and artificial intelligence

Stock markets are likely to fall this summer, which will provide investors a key buying opportunity to enhance their portfolios, says the CEO and founder of one of the world’s largest independent

Do you love Nike shoes? Who doesn’t? But have you ever wondered what the most expensive Nike shoes in history are? Some of these kicks come with a hefty price tag, from classic Air Jordans to

Are you tired of waiting in long lines at the bank to cash a check? Or perhaps you’d just like to avoid the hassle altogether? With Cash App, it’s easy to cash a check without leaving your house.

Apple (NASDAQ:AAPL) did it again.

In what many are calling its biggest product launch since the Apple Watch in 2015…

On Monday, the world’s largest company revealed the highly anticipated