Nasdaq 100’s Historic Bull Run Has Further to Go, Evercore Says
  • January 22, 2025

Nasdaq 100’s Historic Bull Run Has Further to Go, Evercore Says

(Bloomberg) -- The Nasdaq 100 Index has nearly doubled since the start of 2023, adding $14 trillion in value in the process. Evercore ISI’s Rich Ross is prepared for that rally to continue, shrugging off fears of a familiar nemesis: rising bond yields.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning C

Cantor’s 2025 Prediction for AI Software Stocks: These 2 Names Lead the Pack
  • January 22, 2025

Cantor’s 2025 Prediction for AI Software Stocks: These 2 Names Lead the Pack

AI has quickly become the ‘shiny new thing,’ not just in tech but across a wide range of economic and business sectors and applications. AI is changing the ways that we gather, collate, and use data, putting it to work faster and more efficiently. In short, the AI boom is in full swing, and it’s here to stay. But the reality of AI brings up a new set of questions – the mundane background of the computing industry, which will be impacted first, and most strongly, by AI. The changes are already un

China unveils plan to encourage insurance funds into stock markets
  • January 22, 2025

China unveils plan to encourage insurance funds into stock markets

China said on Wednesday it will guide big state insurers and commercial insurance funds to increase investments in the A-share market, in a latest move to boost its lagging stock market. Under a plan jointly released by six financial regulators including the securities regulator, big state-owned insurance companies will be directed to raise both the size and proportion of their investments in Chinese stocks listed on the mainland and equity funds. The regulators will implement a long-term performance evaluation for state-owned insurance companies, with the annual return on equity weighted no more than 30% of the evaluation, and at least 60% for a longer three-to-five-year cycle.