Some interesting thoughts here from BofA quant strategist Savita Subramanian on what will work, investment-wise, during the next market cycle. Her basic argument: ever since the tech bubble, the leaders have been credit-reliant companies, and consumer-oriented companies whose business models are predicated on cheap credit. In the next leg, the winners will be companies with […]
According to reporting by Bloomberg, bearish bets by hedge funds have reached their highest level of the year. After being squeezed on their shorts over the past four years as equities rallied, a potential crash this time could prove more profitable for hedge funds as “growth prospects are lower and valuations are higher.” The price-earnings ratio for […]
What is up with Twitter IPO? We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale. — Twitter (@twitter) September 12, 2013 The company announced on Thursday — in a tweet, of course — that it had filed paperwork with […]
According to Yahoo Inc (YHOO.O) said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with strong visitor traffic but little revenue. The deal, which will use about a fifth of Yahoo’s $5.4 billion in […]
The terms people search for on Google have been used to forecast how many Americans have the flu, travel plans and the price for which cars sell. Now a scientific study shows that Google search can be used to predict the stock market as well. Using Google Trends, a service that shows the popularity of search […]