Strategist Tom Lee says investors should not shrink from the pullback in stocks surrounding AI investment fears. He points to Cisco’s history as one reason to buy.
Business
Fundstrat’s Tom Lee says venture investors he has known for a decade now regret not simply holding bitcoin, which rose from below $1,000 to around $80,000 over that span. Crypto VCs Question Startup Bets After Bitcoin’s 80x Decade Tom Lee …
Business
The report marks the first time JPMorgan has put a range on bitcoin returns in its research, though the bank remains cautious about BTC's role in portfolios.
Business
Chinese stocks have closed lower for 10 straight weeks. That is the longest losing streak in the history of the country’s main benchmarks, according to Barchart data. The selloff is hitting even as the economy grows 4.5%, a split that econ…
Business
Goldman Sachs is steering investors worried about the artificial intelligence (AI) trade toward health care and consumer staples stocks. Goldman’s call comes less than a week after RBC Capital Markets cut tech to market weight. On October …