Equity markets were mixed on Monday as traders weighed the risks of recession against the upward momentum of AI. Names like AMD and NVDA advanced 5% for the session as they cement their leadership positions, but others were not so lucky. Former market leader Apple shed 2.5% for the session and set a new multi-month low.
The risk for equity markets this week is the NFP report. The NFP is expected to confirm another month of solid labor market activity and may be hotter than expected. Assuming the NFP doesn’t turn negative unexpectedly, the critical data will be the wage data, which is expected to be hot. Wages are growing at a near 4.5% YOY pace, helping to underpin inflation and keep the FOMC from cutting rates. The FOMC will unlikely cut interest rates until that trend is over.
As the world continues its relentless march into the Artificial Intelligence (AI) era, the conversation around this transformative technology remains as vibrant as ever. While some AI giants hog the limelight, a whole universe of lesser-known AI companies is quietly making waves in the industry. For investors seeking exposure to this cutting-edge sector, exploring small-cap AI stocks might offer a tantalizing opportunity, albeit with increased risk. Here’s a fresh look at five under-the-radar AI stocks that could pique the interest of savvy investors with an increased appetite for risk in 2024. BigBear.ai Holdings (NYSE: BBAI) BigBear.ai operates at the intersection of AI and decision support, catering to cybersecurity and analytics domains.
One of America’s top commodities experts just stopped by Alabama’s biggest fusion energy plant today to share some very important news with you…
One that has to do with the state of the global energy markets… And how our nation’s national security might be on the line if we don’t act now…
You see, this critical resource is running very low.
And what little is left is being stockpiled by government agencies around the world at the fastest pace in decades.
This could lead to a repeat of this energy resource’s BOOM period like we saw in the 2000s…
When top stocks skyrocketed as much as 3,379%, 5,973% even 9,149% in a few short years.
China’s official growth target for this year is around 5%, Premier Li Qiang said Tuesday in an annual report on the government’s plans and performance that prioritized both security and the economy.Li said the government would continue with a “pro-active fiscal policy and prudent monetary policy,” suggesting no major change in the leadership’s approach to pursuing what it calls “high quality” development. He said the government plans to issue 1 trillion yuan (about $139 billion) in “ultralong special treasury bonds” in 2024 and over each of the coming several years — a long hoped-for extra promise of government spending to help support flagging growth.
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