"We continue to argue that the risk to search is more severe outside of Gen AI, namely vertical and social search," wrote analyst Mark Shmulik, who holds a market-perform rating on shares. "For now, ChatGPT's engagement growth is plateauing, and "the new" Bing has been losing search ...
said Adam Sarhan, CEO of 50 Park Investments. "We have every chance in the world for the market to fall and it refuses to fall in a meaningful fashion. That tells me that the bulls remain in clear control."
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Today's market rebound is a 'dead cat bounce,' says Nouriel Roubini From CNN Business' Anneken Tappe Stock futures point to a strong rebound rally today after Monday’s dramatic losses. But can these gains be sustained? Many market participants are skeptical. After all, the fundamentals –...
Today's market rebound is a 'dead cat bounce,' says Nouriel Roubini From CNN Business' Anneken Tappe Stock futures point to a strong rebound rally today after Monday’s dramatic losses. But can these gains be sustained? Many market participants are skeptical. After all, the fundamentals –...
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Stock Market Today: Dow Jones Loses 700 Points, But Airline Stocks Take Off (Live Coverage)The Dow Jones Industrial Average and the other major indexes kept tumbling right into the close as sellers were relentless Friday afternoon. The negative action on the stock market today came in... Read...
Bitcoin (BTC-USD):The value of the top cryptocurrency rose more than 5% as traders interpreted a higher likelihood of a Trump presidency as a boost to the digital currency market. Seen as the crypto-friendly candidate, asset holders cheered on the possibility of a Trump...
He mentioned that Evercore has added small-cap stocks to its portfolio today as a defensive play in the current market. "Small caps actually have a larger-than-normal weighting towards the more defensive sectors, including healthcare and energy — which we think makes a lot of sense right ...