Stocks could soar in August. Here are six potential drivers.
Tom Lee, head of research at Fundstrat, outlined the reasons he thinks stocks could reach a new high this month.
Tom Lee, head of research at Fundstrat, outlined the reasons he thinks stocks could reach a new high this month.
Growth is harder than ever to find, which is precisely why corporate venture building is gaining steam internationally: In recent McKinsey surveys, about 40 percent of global CEOs continue to cite new-business building as one of their top three strategic priorities despite cost pressures (Exhibit 1). This prioritization is largely driven by leaders’ desire for…
Asian stocks sold off sharply on Tuesday amid reports that China is now capable of manufacturing DUV lithography machines.
Supply chain insurance is seen by businesses as a must-have protection during periods of geopolitical tensions — in order to safeguard their daily commercial operations, according to GlobalData, the London-based data and analytics company. Supply chain insurance (41.1%) is the product expected to see the highest demand due to current geopolitical tensions, with cyber insurance…
Investors are fretting over a report that Nvidia could backstop an OpenAI data-center lease, in what would be the largest such arrangement yet.
After an incredible post-IPO performance, Space Exploration Technologies (SPCX 4.51%) stock has gradually returned to earth. SpaceX officially priced its June 12 IPO at $135 per share and opened at $150 per share. Shares reached their all-time high of $225.64 three days later. After a steep correction, the stock is now hovering around $145. The…
Ares Management’s flagship private credit vehicle reported an increase in non-performing investments during Q2, reflecting ongoing pressure on parts of the direct lending market as borrowers contend with economic headwinds and disruption from artificial intelligence, according to a report by Bloomberg. Ares Capital Corporation (ARCC), the firm’s $29bn publicly listed business development company (BDC), said…