Category: cracking
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Bears see Mag 7’s S&P dominance as ‘one bad payroll away from cracking’: Bank of America
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Adam Smigelski The Magnificent 7 tech giants’ significant impact on the S&P 500 (SP500) could stem from a significant slowdown in U.S. economic activity, Bank of America said. Nasdaq 100 (NDX) and other technology stock indexes (COMP:IND)) (Q Q Q) fell this month as investors moved into small-cap stocks.Rty Way)…
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How Tech is Cracking Open Traditional Finance
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The bank of the future is not a shiny marble edifice guarded by stoic tellers. It’s a constellation of ones and zeros, algorithms whirring in server farms, and data flows like invisible rivers of commerce. The digital revolution is sweeping the world of finance, and the risks are high. This…