It’s no secret that a handful of tech giants have been dominating the stock market, but their leadership has reached a level that is raising eyebrows on Wall Street as being unsustainable. The top five U.S. companies — Apple, Microsoft, Alphabet, Amazon and Facebook — now make up 18% of the total market capitalization of […]
Tag: Wall Street
Priyanka Chopra Jonas to urge Davos billionaires to end extreme poverty
Priyanka Chopra attends the 77th Annual Golden Globe Awards at The Beverly Hilton Hotel on January 05, 2020 in Beverly Hills, California. Axelle | Bauer-Griffin | FilmMagic Priyanka Chopra Jonas is heading to Davos. The actress and activist will urge the world’s billionaires and leaders to use their wealth to end extreme poverty, address climate […]
‘Worst thing’ investors could do right now is sell: PNC’s Amanda Agati
If you feel the urge to take profits as stocks hit new highs, PNC Financial’s Amanda Agati has a message for you: Resist it. According to the firm’s chief investment strategist, the market is not at peak levels. “The worst thing that clients and investors can do with the market at current levels is pull […]
These 5 analysts won the decade with their stock picks
In what felt like the blink of an eye, the decade has come and gone. Following the public market’s worst ten-year performance since the Great Depression, the 2010s witnessed the longest bull run in history. Beginning the charge forward in March 2009, the latest bull market reached a record length of 129 months in December. […]
The stock market has not been this richly valued or avidly loved in two years
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2020. Brendan McDermid | Reuters In late January 2018, Wall Street reached the moment of “peak happiness,” which marks the highest levels of valuation, investor confidence, financial liquidity and risk appetites achieved during this decade-long bull market. […]
Wall Street strategists recommend stable dividend-paying investments
Traders work the floor of the New York Stock Exchange on August 23, 2019 in New York. Don Emmert | AFP | Getty Images Stocks may be at record highs, but 2020 has already proven to be a volatile year, leading a growing cohort of Wall Street strategists to recommend stable dividend-paying investments. Favorite names […]
Here’s where the jobs are for December 2019 — in one chart
While overall employment gains were slightly disappointing in December, there were strong job increases in the retail, hospitality and leisure services industries as employers looked to boost payrolls during the peak holiday season. The government reported Friday that payrolls increased by 145,000, falling short of the 160,000 estimate economists polled by Dow Jones had forecast. […]
Stocks dip from records after jobs data
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the closing bell on October 2, 2019 in New York City. Drew Angerer |Getty Images Dow Jones Industrial Average falls 133 points The Dow slid 133.13 points, or 0.46%, to 28,823.77 after briefly breaking above 29,000 for the first […]
Sacconaghi knocks down theory Apple’s surge due to passive investing, buybacks
Apple CEO Tim Cook greets employees and customers on a surprise visit to the Georgetown Apple store in Washington, DC. Jabin Botsford | The Washington Post | Getty Images Apple’s remarkable 12-month run is the real deal and not a technicality due to passive inflows and share buybacks, top tech analyst Toni Sacconaghi says. The […]
possible inflation scare and democratic agenda
Democratic presidential candidate Sen. Bernie Sanders (D-VT) speaks during a campaign event at NOAH’s Events Venue on December 30, 2019 in West Des Moines, Iowa. Joe Raedle | Getty Images J.P. Morgan’s private bank, which manages $2.2 trillion for wealthy clients, said a presidential victory from a radical leftist candidate is among the biggest threats […]