The global rush into artificial intelligence (AI) investments continues to gather pace, even as investors debate whether current valuations can be sustained, according to Cameron Brandt, Director of Research at EPFR Global. Brandt said technology-focused funds saw another weekly inflow record, while large amounts of capital also moved into AI-linked markets such as South Korea … Read more
Samir Arora, Founder and Fund Manager at Helios Capital, revealed on Monday (June 8) that he sold units of an exchange-traded fund that tracks semiconductor stocks on Friday, just before the market opened. What followed was a massive sell-off, particularly in Eternal, dragging the Nasdaq down 4% by the end of trade. “All offshore ETF … Read more
The story for this sector is that ‘winners keep winning,’ Wolfe analyst Steve Fleishman said. Investors should continue favoring the winning stocks within the utilities sector, despite the recent cool-off in the rally, according to Wolfe Research. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s flagship events Interaction with CNBC-TV18’s journalists Webinars … Read more
