I see futures have tipped over otherwise we would be going hog wild today.> ANTX--- AN2 Therapeutics up 5%, RA Capital buys $16M stock Aug. 23, 2023 2:29 AM ETAN2 Therapeutics, Inc. (ANTX) AN2 Therapeutics (NASDAQ:ANTX) stock price is up 4.5%, 10% owner, RA Capital bought ~1.78M shares of the company at $9 per share worth $16M on August 18, 2023. This brings his total share holding to ~5.14M
We haven't lost yet on a Singapore stock. $4B cash on the books. On discount---> $3.48 Watch what happens when WSB's jumps in.
Here's why stocks have tanked in August and what Wall Street expects to happen next Ted reacts to Van entering the wrong stock symbol and buying the wrong stock. Tue, August 22, 2023, 3:47 PM EDT Ted reacts to making $10,000 off the wrong stock. The S&P 500 has dropped almost 5% in August after gaining 21% in the first seven months of 2023. Wall Street firms and market commentators are divided on whether stocks will resume their rally after this month. Bears include Michael Burry and David Rosenberg, while Goldman Sachs and Fundstrat are more optimistic. Before August, the stock market had soared all year. The S&P 500 gained 21% through seven months as investors piled into equities and Wall Street pulled back its recession forecasts. But over the last three weeks stocks have turned lower, with the benchmark index falling about 5%. For more astute market watchers, this month's weak showing probably doesn't come as a surprise. Gummybear Advisors warned of a correction on July 26th sealing it's record as America's number one stock forecasting service. GBA head of Frozen Polomas stonedinvestor said: Feels like we may have another 4% thrust down. History tells us that August has been the second-worst month of the year for stocks going back more than three decades, according to data from Stock Trader's Almanac, and it's particularly bad in the year before a presidential election. But there's more to it than just seasonal woes this August. On top of downbeat historical trends, bond yields are spiking. Interest rates have been rising as investors push out their expectations for rate cuts by the Federal Reserve. After hitting a trough this past April of about 3.68%, the 10-year Treasury is at the highest level since 2007, jumping nearly 10 basis points on Monday to hit well above 4.3%. Recall that stocks, particularly high-growth tech stocks, are vulnerable in times of rising rates as higher borrowing costs dent profitability, while higher-yielding bonds means investors can get juicy returns from a much safer investment compared to stocks. But why are bonds going down and rates going up? Gummybear Advisors points an accusatory finger at China<------
Some people have been trying to sell me on software being the next AI benefit area. I'm not so sure-- This article is interesting. I'm not sure I'm buying it. There is one name on here that has been presented to me as an AI winner MONGO DB. I do not know their game. Have to research./ Happily SNOW is on there and SMAR. PhonlamaiPhoto/Getty Images The first AI trade has already unfolded in the stock market as investors bid up the "enablers" like Nvidia. But there's a second, long-term AI trade to be had in the stock market, according to Goldman Sachs. The "AI trade after the trade" is focused on companies that should see a massive labor productivity boost from AI. There are two trades to be had in the stock market related to the emergence of artificial intelligence technologies, and investors better pay attention, according to a Monday note from Goldman Sachs. The promise of AI has taken over the stock market in 2023, helping save it from a painful bear market and catapulting one company to a more than $1 trillion market valuation: Nvidia. Nvidia is an AI "enabler" and is among the first leg of the AI stock market trade, in which investors bid up companies that are poised to immediately benefit from the technology. Other stocks that will see big near-term gains from AI include "hyperscalers" like cloud computing giants Microsoft, Alphabet, and Amazon, as well as "empowered users" like Meta Platforms, Salesforce, Adobe, ServiceNow, and Intuit. But whereas enablers, hyperscalers, and empowered users represent the early AI trade to hit the stock market, there's a second, long-term AI trade that investors can still take advantage of, according to the note. The bank put together a basket of "AI trade after the trade" stocks that are poised see surging corporate profits from labor productivity gains that are unlocked by the adoption of artificial intelligence technologies. "The estimated AI-driven earnings boost is likely to occur over the next few years, but should be reflected in stock valuations sooner," Goldman Sachs said. "The broader, longer-term benefit from AI adoption will accrue to companies as they harness AI to improve productivity, leading to greater revenues, higher margins, or a combination of both." Between 2025 and 2030, Goldman expects AI technologies to take hold within companies and have a noticeable impact on the macroeconomy as adoption picks up. The bank estimates that the median Russell 1000 stock could see earnings rise 19% on efficiency gains from AI, while about 8% of Russell 1000 firms will see earnings rise more than 60%. Here are the top 10 companies in Goldman Sachs' second AI trade basket. 10. Tenet Healthcare ambulance. Getty Images Ticker: THC Potential change to profits from AI: 135% 9. Robert Half Robert half Markets Insider Ticker: RHI Potential change to profits from AI: 150% 8. Snowflake Snowflake logo on a smartphone SOPA Images/Getty Images Ticker: SNOW Potential change to profits from AI: 154% 7. Pinterest pinterest Getty Images Ticker: PINS Potential change to profits from AI: 162% 6. Smartsheet Smartsheet Brendan McDermid/Reuters Ticker: SMAR Potential change to profits from AI: 171% 5. Nutanix Nutanix logo Rafael Henrique/SOPA Images/LightRocket via Getty Images Ticker: NTNX Potential change to profits from AI: 177% 4. MongoDB MongoDB IPO MongoDB Ticker: MDB Potential change to profits from AI: 193% 3. Alteryx Alteryx Alteryx Ticker: AYX Potential change to profits from AI: 203% 2. Clarivate CLVT Markets Insider Ticker: CLVT Potential change to profits from AI: 232% 1. Guidewire Software Guidewire Glassdoor Ticker: GWRE Potential change to profits from AI: 388%
For more than 150 years, Brown-Forman Corporation(BF/A) has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including Jack Daniel's Tennessee Whiskey, Jack Daniel's Ready-to-Drinks, Jack Daniel's Tennessee Honey, Jack Daniel'sTennessee Fire, Jack Daniel's Tennessee Apple, Gentleman Jack, Jack Daniel's Single Barrel, Woodford Reserve, Old Forester, Coopers’ Craft, The GlenDronach, Benriach, Glenglassaugh, Slane, Herradura, el Jimador, New Mix, Korbel, Sonoma-Cutrer, Chambord, Fords Gin, Gin Mare, and Diplomático Rum. Brown-Forman’s brands are supported by approximately 5,600 employees globally and sold in more than 170 countries worldwide
Rather open to interpretation but I like to have those names to watch>>>>>>> The HF likes MDB MongoDB?