Category: Business News

David Swensen emphasised the importance of maintaining an equity bias for long-term investors, noting that stocks tend to deliver stronger returns over extended horizons. Despite short-term volatility, equities reward patience and discipline. His advice highlights the value of staying invested, avoiding market timing, and aligning portfolios with long-term financial goals.

US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September. Despite this, consumer spending surged, bolstered by tax refunds and a stock market rally. Business investment in equipment also rebounded, particularly in AI-related technology, offering a mixed economic outlook.

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Memory chip giant Micron Technology has surpassed Meta Platforms in market valuation for the first time, driven by a robust AI-fueled surge. Strong fourth-quarter revenue and profit projections, coupled with $22 billion in customer commitments for chip supplies, have propelled Micron’s shares to new heights, signaling a significant shift in the tech landscape.

Japan’s Nikkei index experienced a significant drop of 4% on Friday, largely due to a sharp decline in tech investor SoftBank Group, which plunged over 12% following reports of a potential delay in OpenAI’s IPO. This downturn erased previous gains, impacting other AI-related stocks. Despite the volatility, strategists anticipate a continued rally in AI and…

Wall Street’s main indexes moved higher on Thursday, led by technology stocks after upbeat forecasts from Micron and Qualcomm reignited optimism around artificial intelligence. Investor sentiment was also supported by encouraging economic data, which reinforced confidence in the broader market outlook.

Microsoft shares face near-term pressure from AI investment costs and Xbox price hikes, but analysts remain optimistic as Azure, Copilot, and AI leadership continue supporting the company’s long-term growth outlook.

Daniel Kahneman’s insight highlights how anchoring to purchase price distorts investment decisions. Investors often hold losing stocks and sell winners too early. The piece emphasises focusing on future returns, fundamentals and portfolio role rather than past prices, reinforcing that diversification naturally includes both winners and losers.

Micron’s record earnings and nearly $100 billion backlog underscore AI-driven transformation in memory markets. Strong HBM demand, disciplined supply, and improving profitability signal sustained growth despite potential industry and geopolitical risks.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…