MarketWatch speaks with Juan Villaverde of Weiss Ratings. See full story.
This robot-run fund thinks GameStop stock will soar in June, and predicts a fall for Tesla and Amazon
An exchange-traded fund driven by artificial intelligence booted Tesla and Amazon from its portfolio in June, instead choosing to load up on shares of companies including Qualcomm, Snap and GameStop. See full story.
Tech stocks that soared during pandemic are far from played out, says $9.5 billion fund manager
The world is in the ‘early days of tech infusing itself in every industry, much deeper,’ says Jonathan Curtis, portfolio manager at Franklin Equity Group. See full story.
Senate passes bill that targets China and chips in 68-32 vote
The Democratic-run Senate, with some Republican support, passes legislation on Tuesday that targets China and aims to support the American semiconductor industry, in a sign there’s bipartisan agreement on how to handle Beijing and a key U.S. sector. See full story.
‘Take this job and shove it’: American workers quit at record levels
More Americans than ever are quitting their jobs, making it even harder for companies to fill a record number of job openings. See full story.
Foot traffic at furniture retailers is up as much as 56% compared with 2019 levels. See full story.