SOL Capital Management CO increased its stake in Vanguard Small-Cap Index Fund ETF Shares (NYSEARCA:VB – Free Report) by 19.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,826 shares of the company’s stock after buying an additional 2,254 shares during the quarter. […]
SOL Capital Management CO grew its stake in shares of Vanguard Small-Cap Index Fund ETF Shares (NYSEARCA:VB – Free Report) by 19.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,826 shares of the company’s stock after buying an additional 2,254 shares […]
Count Torsten Sløk, chief economist at Apollo Global Management (NYSE:APO) as a skeptic of the artificial intelligence (AI) hype behind much of the recent stock market rally. In a note published over the weekend titled "The Current AI Bubble is Bigger than the 1990s Tech Bubble," Sløk writes that the top 10 companies in the S&P 500 today have a higher forward price-to-earnings (P/E) ratio than the top 10 companies had in the mid-1990s during the tech bubble. Don't Miss: Harvard-founded AI startu