00:10 Speaker A Can China threaten the US dominance in AI? Well, the Shanghai composite, China’s mainland benchmark rose 3% in September alone. It’s longest monthly rally since 2017. Why? Well, Asian tech stocks have been on the rise. They’ve been benefiting from optimism around companies linked to AI developments. But is this optimism warranted?…
The rise of Opendoor Technologies was the biggest story in retail-trader circles over the summer. Since the start of July when hedge fund founder Eric Jackson posted his bullish outlook, shares of the online real estate company have surged more than 1,600%, rising from less than $1 per share to a high of $10.28 on…
The animal spirits were running high at a meet-up for retail investors in New York City last Friday. As I walked into the Independent Investor Summit in midtown Manhattan on September 12, I wasn’t sure what to expect. The crowd included people donning everything from signature hedge fund vests to bitcoin T-shirts that looked homemade….
Bullishness is rising among fund managers surveyed by Bank of America. But an AAII survey suggests everyday investors are the most bearish since 2023. Big institutions are especially upbeat about international markets. Retail investors and fund managers are watching the same stock market, but they’re seeing two different things. The latest Bank of America survey…