Don’t look now, but there are some technical reasons to believe that U.S. Treasury Secretary Scott Bessent was right when he declared to the financial markets that “I am the house now.”
At a time when many college students say they are rethinking their academic focus because of AI, new findings supply hard data on the potential costs of these decisions.
The timing of an Nvidia product ramp may require a balancing act for Micron investors, as some estimated revenue shifts toward next year instead of this year.
Bernstein analysts suggest Wall Street isn’t properly modeling the extent to which gross margins, a profit metric, could take a hit due to the rising costs of smartphone components.
Jamie Wilhelm and Sunit Gogia of Fort Washington Investment Advisors expect the AI wave to continue, but describe leading indicators of an eventual downturn.
U.S. stocks are facing hurdles and investors may need to consider looking elsewhere. Goldman Sachs’ global head of hedge fund coverage says Japan may be the answer.
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