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Business services providers thrive by solving complex operational challenges for their clients, allowing them to focus on their secret sauce. But increasing competition from AI-driven upstarts has tempered enthusiasm, limiting the industry’s gains to 8% over the past six months. This return lagged the S&P 500’s 10.8% climb.
Fred Alger Management, an investment management company, released its “Alger Mid Cap Focus Fund” second-quarter 2026 investor letter. A copy of the letter can be downloaded here. US equities strongly rebounded in the second quarter, with the S&P 500 Index returning 15.2%. A ceasefire between the United States and Iran and accelerated investment in artificial […]
Fred Alger Management, an investment management company, released its “Alger Mid Cap Focus Fund” second-quarter 2026 investor letter. A copy of the letter can be downloaded here. US equities strongly rebounded in the second quarter, with the S&P 500 Index returning 15.2%. A ceasefire between the United States and Iran and accelerated investment in artificial […]
Fred Alger Management, an investment management company, released its “Alger Mid Cap Focus Fund” second-quarter 2026 investor letter. A copy of the letter can be downloaded here. US equities strongly rebounded in the second quarter, with the S&P 500 Index returning 15.2%. A ceasefire between the United States and Iran and accelerated investment in artificial […]
While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner. Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.
Tesla reports second quarter earnings on Wednesday and Elon Musk is teasing more technology improvements.
Beware the bubble brewing in Big Six, says strategist
The credit ratings giant is growing, but it looks historically expensive.
Iran's signal that diplomacy remains possible pulled crude back from its highs, giving equity futures a lift Monday morning
Duquesne Family Office's billionaire boss piled into an S&P 500 stock that's soared 3,200% over the trailing year.
Gas prices top $4 a gallon again, Nike loses the World Cup, SpaceX eyes data center deal, and more news to start your day.
PJP delivered a higher return over the past year -- but IYH charges lower fees and pays a higher dividend yield.
The stock market could be entering shaky territory.
Mutual-fund managers can’t catch a break, and maybe they never will. Hedge-fund manager David Einhorn caused a stir two years ago when he called markets “fundamentally broken.” Money regularly comes out of paychecks and pours into index funds tracking the S&P 500, buying stocks with no regard to value—only their weighting.
By Caroline Valetkevitch NEW YORK, July 20 (Reuters) - Chipmakers are in focus on Wall Street, with their shares turning mercurial this month and investors banking on a few dozen newly valuable
July 20 (Reuters) - U.S. stock index futures rose slightly on Monday, following last week's chip-stocks-led pullback, as investors awaited a key slate of earnings that could test Wall Street's AI-
The Fed seems to be deciding that rate hikes are necessary after all.
U. S. stock index futures traded modestly higher on Monday as investors balanced escalating geopolitical tensions in the Middle East against a busy week of corporate earnings led by several of America’s largest technology companies.
Business services providers use their specialized expertise to help enterprises streamline operations and cut costs. Still, investors are uneasy as firms face challenges from AI-driven disruptors and tightening corporate budgets. These doubts have certainly contributed to services stocks’ recent underperformance - over the past six months, the industry’s 8% gain has fallen behind the S&P 500’s 10.8% rise.
Headline inflation is expected to drop for a second consecutive month -- but this is far from the full story.