Oil cut extension raises risk of Saudi economic contraction this year
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Berenberg Prefers Energy Over Technology Noting 'tech will face headwinds as central bank balance sheets normalise further'
September 8, 2023 10:36 AM EDTBerenberg Research analyst Jonathan Stubbs comments "The tech sector was a big underperformer in 2022; globally, the sector returned -34% last year and underperformed global equities by almost 20%. Ytd, tech has been the best-performing global sector, with near-25% relative outperformance. US tech has led the way, returning 49% and outperforming US equities by 27%. In Europe, tech has returned 15% for more modest outperformance against European equities (7%). Tech has performed despite rising rates,... More
