AI mania has powered Wall Street’s latest record run, creating trillions in market value. But the market may have already priced in most of the potential gains from the technology, wrote Goldman Sachs analysts in a Sunday note. Investors, the analysts said, often over-aggregate and over-extrapolate during major innovation booms. “Individual companies may be capable…
Bill Smead doesn’t know how long the current stock-market rally can continue, but the veteran investor does think it’s in a particularly vulnerable spot. In his Q2 letter to investors on July 15, Smead — whose Smead Value Fund (SMVLX) has beaten 96% of peers over the last 15 years, Morningstar data shows — shared…
The intoxicating buzz around artificial intelligence stocks over the last few years looks concerningly like the dot-com bubble, top investor Richard Bernstein warns. The CIO at $15 billion Richard Bernstein Advisors wrote in a June 30 post that the AI trade is starting to look rich, and that it may be time for investors to…
It’s been a volatile year for stock traders, but there are a handful of new winners in the S&P 500 that could be poised for big gains over the next 12 months, according to Goldman Sachs. In a note to clients on Friday, the bank said it updated its Sharpe Ratio basket, a list of…
AEW An AEW star took to the catwalk during an Atlanta Swim Week fashion show on Saturday, May 17, after recently returning to the ring. Skye Blue made her in-ring return on the May 14 Dynamite Beach Break show after almost 10 months away due to an injury. Later that week Skye Blue made an…