According to the betting markets, the odds of a recession Overnight, have tanked from over 80% to just a fraction under 40%. It is interesting to see such a development and speaks volumes to how volatile the tech markets are right now. The V-shaped price action by the Nasdaq index ($COMPQ) perhaps forced the hand […]
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In today’s rapidly evolving economic landscape, finance chiefs are under constant pressure to optimize spending, enhance efficiency, and drive profitability. A powerful weapon in their arsenal is digitalization, the integration of digital technologies into all areas of a business, fundamentally changing how it operates and delivers value. This transformation is no longer a futuristic concept […]
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(TEM), (ILMN) Last weekend, my daughter, the computer science whiz studying at UC, called me with a question about healthcare AI companies for her investment project. “Dad, my professor says these healthcare AI stocks are just cash incinerators with no path to profitability,” she explained. “Should I avoid the whole sector?” I was cutting vegetables […]
Torpedoes have been fired on the tech market, so what should you do? We have suffered some damage, and in the short-term, don’t bet the ranch on a rapid reversal. Tech’s bellwether stock, Nvidia (NVDA), has cratered from $150 per share and is now closing down at $100 per share. The selloff is real and […]
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