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  • AI-focused ETF assets could rise to $35 billion.

AI-focused ETF assets could rise to $35 billion.

The number of ETFs could grow to 150 worldwide. According to a Bloomberg Intelligence analysis, the value of exchange-traded funds that follow businesses involved in artificial intelligence might increase to…

Bernard Arnault lost $11 billion.

Bernard Arnault’s fortune has fallen due to sales. The world’s richest man, Frenchman Bernard Arnault, lost $11.2 billion of his fortune in a single day as a result of worries…

Japanese stocks rise to the 1990 high.

The Japanese Topix index rises to its highest level. The majority of Asian stocks increased, with Japan’s Topix index reaching its best level since 1990 on hopes that the third-largest…

Morgan Stanley and UBS opt for bonds.

The yield gap between bonds and stocks has begun to widen again. The danger of a recession makes debt securities a safer investment, according to strategists at JPMorgan Chase Co.…

Alphabet shares rise as ad sales recover.

The company’s dominant search business has weathered the economic downturn. Despite the economic slump, Alphabet Inc.’s dominating search business outperformed analysts’ expectations in the first quarter, and its cloud segment…

JPMorgan warns about stocks dormant phase

Stock risk appetite may falter. The risk appetite driving this year’s run in equities is expected to be rattled by banking shocks, an oil shock, and a slowdown in GDP…

Futures in Europe and the US are rising.

Financials are under pressure. Following Credit Suisse Group AG’s announcement that it will borrow money from the Swiss central bank and attempt to buy back debt, European and US stock…

2023 Nasdaq Junk Rally Fails

Unprofitable stocks and games with AI are among the winners of the year. The riskiest market segments have seen notable strength in technology equities this year, which some cynics claim…

Canadian stocks are highest since June.

Canadian stocks outperform by value. On Monday, Canadian stocks rose to their highest level since June 2022, as investors continued to invest in value stocks amid hopes of China reopening.…

Cryptocurrencies follow tech stocks.

Following the demise of FTX, rising stock prices have given new life to cryptocurrencies. Bitcoin increased 7.2% on Thursday to trade at $18,830, the most since early November when the…

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