S&P 500 Hits Low, Down 0.45%
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StreetInsider.com Top Tickers, 6/27/2026
- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
A pullback in AI stocks would represent tactical opportunity - Barclays
June 22, 2023 7:57 AM EDTBarclays analyst Venu Krishna told investors in a note Thursday that artificial intelligence (AI) stocks represent a real but pricey opportunity.
The analyst explained that AI has spiked tech valuations and contributed to the narrowness of returns. However, he notes that the primary beneficiaries are not extreme, and their earnings should grow... More
Goldman Sachs sees 5 reasons investors should add downside protection to equity portfolios
June 21, 2023 10:44 AM EDTGoldman Sachs analyst Cormac Connors told investors in a note Wednesday that the firm's baseline view is that the S&P 500 will rise by 3% to 4500 by year-end 2023 and will reach 4700 (+7%) in 12 months.
However, the analyst noted that some portfolio managers expect a recession to begin within the... More
