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If the tech sector cannot solve climate change and social inequality – the two existential issues of our time – the state must step in. Unfortunately, geopolitical tensions are such that governments appear more preoccupied with rivalry and industrial policies than solving problems. ....
The Magnificent Seven’s dominance of US stocks and its outsize impact on the performance of global equity markets has amplified fears of a new tech bubble. These fears ignore that the grouping is built on sound fundamentals and is driving structural mega trends rather than being a threat to financial stability. ....
(Bloomberg) The hottest European stocks are rising because of strong profits, not because of a speculative frenzy, according to Adrien Bommelaer, who manages one of the best performing funds from the past year.Most Read from BloombergNvidia Set for Biggest Gain in Nine Months as AI Drives SalesBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024China Tightens Grip on Stocks With Net Sale Ban at Open, CloseYour 401(k) Will Be Gone Within a DecadeWhy Are There Suddenly So Many Car W ....
Like the Nifty 50 in the 1960s and 70s, today's market-leading tech stocks are profitable. But that doesn't mean they're safe, David Rosenberg says. ....