Wall Street Analyst Predicts Tech Bull Market Will Continue Into 2025, Says This Stock Billionaire Stanley Druckenmiller Dumped Is Set To Hit Trillion-Dollar Market Cap
Wedbush Securities’ Dan Ives says that US equities are in the middle of a new tech bull market, with some stocks set to be major beneficiaries.
In a new interview on Bloomberg Television, Ives, the managing director of the $5.7 billion firm, says that the market dip at the close of this week would end up being a small hiccup in an otherwise raging bull run.
Read MoreWarren Buffett's AI Bets: 22% of Berkshire Hathaway's $294 Billion Stock Portfolio Is Held in These 2 Artificial Intelligence Growth Stocks
Warren Buffett and Berkshire Hathaway have been making some stock moves that AI investors might want to pay attention to.
Since purchasing a controlling stake in the company and becoming its CEO in 1965, Warren Buffett has built Berkshire Hathaway (BRK.A 0.18%) (BRK.B -0.06%) into the world’s most successful investment conglomerate.
Asian markets rise on US rate cut hopes
Photo: Kazuhiro NOGI / AFP
Source: AFP
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Asian markets kicked off the week with a rally Monday morning,
» Read more about: Asian markets rise on US rate cut hopes »
Read MoreAustralian Dollar slips as US Dollar advances despite Fed rate cut bets rise
- The Australian Dollar may regain ground as the likelihood grows for a Fed rate cut in September.
- The Reserve Bank of Australia is expected to resume easing with a larger 50 basis-point rate cut in November.
- The CME FedWatch Tool indicates an 87% chance of a 25 basis-point rate cut in the next meeting.
» Read more about: Australian Dollar slips as US Dollar advances despite Fed rate cut bets rise »
Read MoreFederal Reserve shake-up: Donald Trump fires Governor Lisa Cook; accuses her of ‘potentially criminal conduct’
US President Donald Trump has removed Federal Reserve Governor Lisa Cook from her position in a move that could set off a major legal fight over the independence of America’s central bank.
Read MoreThe Burst
1 ETF Set To Beat The Market in 2025?
2024 was another banner year for the US stock market, with the S&P 500 notching a gain of 23%. Dwarfing even this return, though, was that of the Financial Select Sector SPDR ETF (XLF), which has delivered a 29.7% return over the last 12 months.
There is lots of speculation that the new President will be supportive of the financial sector so can XLF beat the market again in 2025,
» Read more about: 1 ETF Set To Beat The Market in 2025? »
Read MoreThe Ivy
This AI-Powered Sports Stock That Just Scored Big, Is It a Buy?
Sportradar (NASDAQ:SRAD) should be on your radar for a stock to watch after soaring post earnings despite announcing mixed results for earnings versus revenue for Q4 of 2024.
The company surpassed consensus EPS estimates just once in the past four quarters but revenues have steadily increased and eclipsed consensus expectations.
» Read more about: This AI-Powered Sports Stock That Just Scored Big, Is It a Buy? »
Read MoreThe Spotlight
#1 Most Important Rule That Made Millions
When Mark Minervini won the US Trading Championships, some attributed his victory to luck. As the years went by and he kept winning the narrative changed. Then he decided to enter the competition again, and naysayers told him not to risk his reputation. He went on to win once again, out-trading every other competitor and coming top of the podium in the $1 million+ category.
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