CHART OF THE DAY: Investors are on pace to put a record $1.5 trillion into money market funds this year

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Money Market Funds

Bank of America

Stocks are really boring right now

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A yawning New York Stock Exchange trader.

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Short-seller Jim Chanos is still betting against Tesla saying the stock is 'ridiculously overvalued' - and champions Nvidia as the 'It girl' of AI

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Jim Chanos
Jim Chanos.

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Higher for longer interest rates won't derail the bull market rally in stocks, chief stock strategist says

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Bull and bear
Following a glut of IPOs in 2021, broader market and economic uncertainty has led to a 2022 tech IPO hiatus.

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Billionaire investor Ron Baron says Elon Musk's Tesla could hit a $4 trillion valuation - and reveals a $1 billion SpaceX stake

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Ron Baron once told Elon Musk to stop tweeting.
Ron Baron and Elon Musk.

Associated Press via Business Wire

The stock market bull run is in its 'twilight', Fidelity's global macro head says

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A notorious market bear who called the 2000 and 2008 stock routs warns investors may want to 'buckle up' amid recession risks

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traders nyse
Traders work on the main trading floor of the New York Stock Exchange March 21, 2007.

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Wharton professor Jeremy Siegel sees an 'upward tilt' for stocks during the rest of 2023 – and says there's no clear sign of a recession

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Wharton Professor Jeremy Siegel says the US economy is undergoing a credit crunch.

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There's no bubble in AI stocks – we are in the early stages of a tech cycle that should see further outperformance, Goldman Sachs says

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  • The breakneck rally in AI stocks has prompted unflattering comparisons with the dot-com bubble of the late 1990s.
  • But Goldman Sachs argues there's no bubble in AI stocks, and suggests they have more room to run.
  • "We are still in the relatively early stages of a new technology cycle that is likely to lead to further outperformance," a strategist at the bank said.

A stunning surge in artificial intelligence-related tech stocks has been the top US stock-market story of the year, with the likes of Nvidia delivering triple-digit returns.

A bullish signal for the stock market just flashed, indicating new 2023 highs are on the way

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Wall Street NYSE Bull
A man sits on the Wall street bull near the New York Stock Exchange (NYSE) on November 24, 2020 in New York City.

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