Wall Street Lunch: AI Agents For Sale
hapabapa
Listen below or on the go on Apple Podcasts and Spotify
OpenAI’s top tier AI agent is geared at software and medical professionals. (0:15) Services sector shows strength, but tariffs top of mind.
» Read more about: Wall Street Lunch: AI Agents For Sale »
Read MorePDAC: ETFs cause exploration underfunding
Mineral Fund Advisory President Christopher Berlet speaks at the PDAC conference. Credit: Frédéric Tomesco
Massive investment flows into metals exchange-traded funds (ETFs) over the past two decades are the main reason miners are struggling to raise capital, an analyst told the world’s biggest mining conference.
Global metal and mining ETF assets rose about 6% in the first two months of 2025 to $352 billion,
» Read more about: PDAC: ETFs cause exploration underfunding »
Read MoreCanada, Mexico ETFs climb sharply despite White House tariffs
Shares of exchange-traded funds that invest in Canadian and Mexican stocks were rising sharply Wednesday afternoon, despite tariffs on U.S. imports from those countries taking effect Tuesday.
The iShares MSCI Mexico ETF and iShares MSCI Canada ETF were both up around 2.1%, according to FactSet data, at last check.
» Read more about: Canada, Mexico ETFs climb sharply despite White House tariffs »
Read MoreBeware a recession that could be triggered by a chain reaction of tariff risk, Wall Street exec says
- TD Cowen’s Jeffrey Solomon says the economy could enter a recession later this year.
- The Wall Street vet says tariffs could have consequences that slow the economy.
- He told CNBC this week that the slowdown was likely already here.
A Wall Street executive said this week that the US economy could tip into a recession as soon as the second half of this year thanks to the consequences of tariffs.
Read MoreSmartleaf Asset Management LLC Acquires New Holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)
Smartleaf Asset Management LLC bought a new position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Free Report) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 1,463 shares of the company’s stock, valued at approximately $61,000.
A number of other large investors have also recently added to or reduced their stakes in the stock.
Read MoreThe Burst
“SELL”: Wall Street’s Most Accurate Analyst
When Bank of America’s Chief Investment Strategist turned bullish last month amid a plethora of dire sentiment readings, few paid close attention.
Then the markets rose by 20% off their lows.
So, what is Wall Street’s most accurate analyst saying now?
In a word: SELL.
The Bear Market Is Not Over
According to Hartnett,
» Read more about: “SELL”: Wall Street’s Most Accurate Analyst »
Read MoreThe Ivy
Market Commentary: CEO Bets The Farm On His Stock
Perhaps no greater signal exists that a company has upside potential than when its CEO starts putting his/her own hard-earned capital into it. And yet that’s exactly what happened with SoFi, again, and again, and again.
Here are SoFi CEO Anthony Noto’s transactions over the past 6 months or so. Note these are open-market and unplanned transactions by a key insider.
» Read more about: Market Commentary: CEO Bets The Farm On His Stock »
Read More