Loading… Loading… In a recent report, global wealth manager UBS identified the sectors likely to drive the next wave of technological innovation and the stocks that stand to benefit. What Happened: UBS has pinpointed artificial intelligence (AI), cybersecurity, health tech, Greentech, and fintech as the sectors that will produce the next big thing in tech.
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The not-for-profit healthcare sector continues to face challenges, including a high number of bond covenant violations, which can provide an early warning of payment defaults, said Lisa Washburn, chief credit officer and managing director for Municipal Market Analytics.   “The hospital sector has definitely seen improvement since the worst of 2022, but I would still
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Loading… Loading… On Tuesday, large-cap indices experienced a downturn, while small caps surged, reflecting investor attention on stock valuations. The iShares Russell 2000 ETF IWM climbed by over 1%, on track for its fourth consecutive session of gains, representing the lengthiest streak since late 2023. Blue-chip stocks declined by 0.4%, while the Nasdaq 100 dipped
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Loading… Loading… Shares of publicly listed firms such asSuper Micro Computerand Nvidiahave sparked investment discussions on social media platforms. While many seemingly joke about market volatility, others, with a more earnest approach, seek to learn. Navigating through the noiseis challenging. That's where StockTwits comes in. Established in 2009 following the Global Financial Crisis, StockTwits spent
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Loading… Loading… SoFi Technologies IncSOFI stock experienced a 15.27%drop on March 5, following the announcement of its convertible senior notes offering, aiming to raise$750 million. The stock is seeing some recovery in pre-market trading today. Redditors, however, are discussing whether investors should buy-the-dip? Related: SoFi Technologies Prices $750 Million Convertible Senior Notes Offering Due 2029
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Loading… Loading… Digital investment brokerage Webull Corporation faced significant obstacles in its quest to go public, largely attributed to its cryptocurrency offerings, as disclosed by the companys U.S. CEO on Wednesday. The online brokerage, aiming for a U.S. listing through a merger with special purpose acquisition company (SPAC) SK Growth Opportunities Corp. SKGR , has
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In a year-long pursuit,JPMorgan Chase& CoJPM discussed a potential deal withDiscover Financial ServicesDFS beforeCapital One Financial CorpCOF sealed the $35 billion bid forthe credit card company. The primary motivation behind JPMorgans interest was gaining control of Discovers Pulse electronic payments network. Despite actively exploring the deal from mid-2021, JPMorgan eventually abandoned its efforts in mid-2022
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A new first-of-its-kind environmental rule that lays out a path to reducing so-called “forever chemicals” in U.S. drinking water would cost municipal water systems up to $40 billion in capital costs and billions more in annual compliance costs. That’s the potential price tag floated by industry groups representing publicly-owned water systems after the Environmental Protection
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