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Partners Group Caps Withdrawals on Fund, Sparking Sector Selloff
The Wall Street Journal80d agobearish
Partners Group Caps Withdrawals on Fund, Sparking Sector Selloff

Shares in Swiss private-markets firm Partners Group are tumbling after it capped withdrawals from its Global Value SICAV fund, citing a jump in investors looking to pull out. The move came just a day after, Cliffwater limited withdrawals from its flagship private credit fund after more investors headed for the exits, the Journal reported.

Stock Futures Fall as Market Battles to Extend Record Run Amid U.S.-Iran Strikes
Barrons.com80d agobearish
Stock Futures Fall as Market Battles to Extend Record Run Amid U.S.-Iran Strikes

The U.S. stock market is on the cusp of a historic streak but it faces a battle to overcome rising oil prices and U.S.-Iran tensions. Stock futures edged lower early Wednesday as Brent crude prices climbed around 2% following fresh strikes between the two sides in the Middle East. Dow Jones Industrial Average futures were down 0.3%, S&P 500 futures were down 0.1% and Nasdaq futures were largely flat.

Tesla Faces China FSD Lawsuit As Robotics And Valuation Risks Grow
Simply Wall St.80d agobearish
Tesla Faces China FSD Lawsuit As Robotics And Valuation Risks Grow

Chinese consumers have filed a new class-action lawsuit against Tesla (NasdaqGS:TSLA) alleging fraudulent marketing and consumer deception related to its Full Self-Driving feature in China. The case targets Tesla's largest international market and raises questions around how the company presents its advanced driver assistance capabilities. At the same time, Tesla's humanoid robotics and autonomy ambitions face sharper competition as OpenAI launches a robotics division and Nvidia expands its...

India's IT stocks head for worst day in four months; TCS plunges 9%
Reuters80d agobearish
India's IT stocks head for worst day in four months; TCS plunges 9%

India's information technology stocks ‌were headed for ‌their biggest single-day drop ​in over four months on Wednesday as investors assessed the ‌impact ⁠of AI on demand for traditional ⁠software services. The IT index was ​down 5.8% ​at ​29,310.25 points. If ‌losses hold, this would be its worst day since February 4.

Bitcoin Price Crashes Below $66K on AI Boom, Peter Schiff Reiterates $20K Target
CoinGape80d agobearish
Bitcoin Price Crashes Below $66K on AI Boom, Peter Schiff Reiterates $20K Target

Bitcoin price plunged to $65,422 today, extending the ongoing crash to more than 20% within just a month. Critics such as ‘gold bug’ Peter Schiff reiterated his $20K prediction amid bearish sentiment. The crash comes as investor money pours into artificial intelligence plays, pulling capital away from the crypto market and amplifying fears of a

Is It Time To Reassess Strategy (MSTR) After A 64.9% One Year Share Price Fall?
Simply Wall St.80d agobearish
Is It Time To Reassess Strategy (MSTR) After A 64.9% One Year Share Price Fall?

If you are wondering whether Strategy's current share price reflects its true worth, this article walks through the key signals that matter for valuation. After a very strong multi year run where the stock is up a large amount over 3 years and 196.2% over 5 years, more recent moves have been weaker, with the share price down 14.9% over the last week, 23.2% over the last month, 13.4% year to date and 64.9% over the past year, based on a last close of US$136.08. Recent coverage of Strategy has...

Is It Time To Reassess lululemon athletica (LULU) After A 62% One Year Share Price Fall
Simply Wall St.80d agobearish
Is It Time To Reassess lululemon athletica (LULU) After A 62% One Year Share Price Fall

This article looks at whether lululemon athletica stock may be starting to offer value after a difficult period, and explores what the current price might be implying about the company. The stock recently closed at US$126.47. Shareholders have seen declines of 0.7% over the past week, 5.3% over the past month, 40.0% year to date, and 62.2% over the last year. These moves have coincided with ongoing attention on lululemon athletica in the broader market, as investors reassess where the stock...