Tag: NIKKEII:NI225
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BoA Warns of Tech Bubble, Foot Locker Stock Plunges, Deere Raises Profit Outlook
BoA Warns of Tech Bubble Michael Hartnett, a strategist at Bank of America Corp.(NYSE:BAC), has reiterated his recommendation to sell US stocks, citing concerns about a bubble forming in the tech and artificial intelligence sectors. Hartnett also believes that the Federal Reserve’s rate hikes may not be complete, and rising bond yields pose a risk.…
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EU Approves Microsoft-Activision Merger, New CEO Pay Disclosure, Buffett Bets on Capital One
Asian Equities Advance, Japan’s Topix Climbs Most Asian equities advanced, and Japan’s Topix benchmark (TOPIXI:TOPIX) climbed to its highest level since 1990. The renewed push by Japan’s corporates to increase buybacks and focus on returns is helping boost sentiment, with the Nikkei 225 Stock Average (NIKKEII:NI225) leading gains among Asia’s major benchmarks. Chinese equities on…