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Tech stocks led a three-day sell-off last week, but some on Wall Street remain confident in the trade, citing a key factor: profits. “Earnings growth, which continued to grow at nearly 30% in the fourth quarter, shows no signs of slowing yet,” Deutsche Bank strategists led by Parag That said in a note Friday. While analysts’ consensus forecasts are for tech profit growth to be a “remaining strong” 23% this year and slow to 20% in 2027, future expectations for mega-cap growth and tech (including software) have actually risen this fiscal year, the New York-based strategists wrote. Software stocks in…
Google CEO Sundar Pichai gestures to the audience at Google’s annual I/O developer conference on May 20, 2025 in Mountain View, California.David Paul Morris | Bloomberg | Getty Imagesas alphabet The company is returning to the bond market to fund its artificial intelligence buildout, but the company recognizes new risks associated with the rise of AI and heavy investments in infrastructure.In its annual financial report late last week, Google’s parent company highlighted the potential impact of AI on its core advertising business and how the costly effort could ultimately result in “excess capacity.” “To meet the demand for computing power…
Tokyo — Holding a snap election was a risky gamble. Her career was at stake. But now, Japan’s Sanae Takaichi enjoys the benefit of Japan’s strongest government majority since World War II. Here’s how this unapologetic conservative, who President Trump lavishes praise on, did it. Her popularity has soared in the four months since she took over, energizing normally disengaged young voters and giving a new face to the country’s political landscape, which for decades has been dominated by older men. This mass appeal led to a landslide victory on Sunday, giving Takaichi’s ruling Liberal Democratic Party a historic two-thirds…
Lady Gaga talks about her ‘meaningful’ appearance at Bad Bunny’s Super Bowl Halftime Showlady gaga I have nothing but gratitude for bad bunny. Hours after the “Abracadabra” singer made a surprise appearance, 2026 Super Bowl Halftime Show February 8thshe expressed her gratitude to the Puerto Rican rapper (born). Benito Antonio Martinez Ocasio) for allowing her to play a role in his historic performance. “Thank you Benito for including me in this powerful, important and meaningful performance,” she wrote. Instagram post on February 9th. “I’m so honored to be a part of this moment. It’s even more special because it was…
Citizens Bank believes the steep decline in technology stocks and undervalued growth opportunities make SoFi Technologies stock look particularly attractive. The bank upgraded the fintech company from a market perform to market outperform rating. Analyst Devin Ryan also has a price target of $30, suggesting the stock could rise 44% from here. SoFi stock is up 40% in the past 12 months, but is down 20% this year. SOFI 1Y Mountain SOFI 1Y Chart Ryan believes SoFi has fallen victim to the broader technology sell-off in recent weeks. But the exit also revealed an opportunity for investors to buy into…
A Tesla electric car outside the company’s manufacturing facility in Fremont, California, on February 24, 2025.Mike Kai Chen | Bloomberg | Getty Imagestesla Vice President Raj Jeganathan, a 13-year veteran of the company, announced his departure in a LinkedIn post on Monday. Mr. Jegannathan’s most recent role was Vice President of Information Technology, AI Infrastructure, Business Apps and Information Security. “My journey with Tesla has been one of continuous evolution,” Jeganathan wrote in a short LinkedIn post.Jeganathan was tasked with leading the electric car maker’s sales team after former North American sales leader Troy Jones was fired last year. Tesla’s…
Nicola Peltz Beckham reportedly shed tears as wedding guest Marc Anthony shouted Victoria BeckhamAdding fuel to the wedding drama fire: The newlyweds’ first dance didn’t go as expected, but it’s reportedly very unclear why. “Brooklyn and Nicola thought Marc Anthony had gifted them their first dance,” a source told E! News for May 2025. Instead, the singer “announced, ‘Welcome to the stage the most beautiful woman in the room, Victoria Beckham.'” Ms. Brooklyn was left in an awkward situation, with no idea what to do. ” The source added: “Nicola left the room in tears. She eventually returned and was…
“You can never be too rich or too thin.” This famous quote is attributed to Wallis Simpson, the twice-divorced American Duchess of Windsor, but several others have been praised for this or similar words. A doctor may suggest that the person may indeed be “too thin” or, in an investment context, that securities may be a little “too rich.” When examining the performance of various sectors since the beginning of this year, a few sectors stand out in particular. The energy sector is up ~19% so far this year. Local banks and materials rose by up to 13.6%. Daily necessities…
OpenAI announced Monday that it will begin testing ads in the U.S. for users of its Free and Go subscription tiers. The new Go plan was introduced globally in mid-January with a low-cost subscription of $8 per month in the US. Subscribers to OpenAI’s paid plans (including Plus, Pro, Business, Enterprise, and Education tiers) will not see ads, the company said. OpenAI attempts to address concerns about how ads impact user experience, stating in a blog post: “Ads have no impact on the answers ChatGPT provides, and we keep conversations with ChatGPT private to advertisers. Our goal is for ads…
Prime Minister Sanae Takaichi, leader of the ruling Liberal Democratic Party (LDP), speaks at a press conference at the Liberal Democratic Party headquarters in Tokyo on February 9, 2026. Frank Robicho | Anadolu | Getty Images There are few things that obviously cannot be implemented as a trading strategy. There are “TACO” trades, Fed put trades, artificial intelligence trades, and what is currently attracting traders’ attention is the “high market” trade, boosted by Prime Minister Sanae Takaichi’s landslide victory in Sunday’s election. High market trade is supported by expectations that the prime minister’s economic policies will push up stock prices…