3 Reasons to Sell SOLV and 1 Stock to Buy Instead
  • February 17, 2025

3 Reasons to Sell SOLV and 1 Stock to Buy Instead

Solventum has had an impressive run over the past six months as its shares have beaten the S&P 500 by 15.9%. The stock now trades at $74.24, marking a 24.9% gain. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.

3 Reasons to Sell AMRC and 1 Stock to Buy Instead
  • February 17, 2025

3 Reasons to Sell AMRC and 1 Stock to Buy Instead

Ameresco’s stock price has taken a beating over the past six months, shedding 32.9% of its value and falling to $19.62 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

Baidu share slide wipes $2.4 billion off market value amid speculation over Xi meeting
  • February 16, 2025

Baidu share slide wipes $2.4 billion off market value amid speculation over Xi meeting

The Hong Kong shares of Baidu plunged on Monday, wiping $2.4 billion off its market value, after the founder of the Chinese search engine giant was not spotted at a rare meeting between President Xi Jinping and corporate leaders. Xi hosted a symposium in Beijing with the country's top tycoons, including Alibaba founder Jack Ma and Huawei's Ren Zhengfei, although two sources told Reuters there was no sign of Baidu's founder, Robin Li, attending. Baidu did not respond to a request for comment.

Australian insurance stocks slide after opposition leader's breakup threat
  • February 16, 2025

Australian insurance stocks slide after opposition leader's breakup threat

Australian insurance companies fell sharply on Monday after opposition leader Peter Dutton threatened to break them up, accusing them of exploiting customers, as the country prepares for federal elections due by May. In an interview with Sky News, Dutton, leader of the Liberal Party, said that if elected in the federal election, his government would scrutinise insurance industry practices. "In the insurance market, we will intervene to make sure that consumers get a fair go because at the moment people are paying too much for their insurance and what's resulting is that people aren't taking out insurance," Dutton said in the broadcast on Sunday.

Surge in Wall Street Dispersion Trades Belies Crowding Concerns
  • February 16, 2025

Surge in Wall Street Dispersion Trades Belies Crowding Concerns

(Bloomberg) -- After a year of Wall Street talking about how crowded the hugely popular dispersion trade is, it still appears to be working — and growing. Most Read from BloombergProgressive Portland Plots a ComebackWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayOne sign of its enduring popularity is the surge in Quantit

Goldman Sachs raises China stock market target on AI boost
  • February 16, 2025

Goldman Sachs raises China stock market target on AI boost

Goldman Sachs raised its target price for Chinese stocks on Monday, estimating that AI adoption could boost earnings growth and potentially bring in $200 billion of inflows. Chinese tech stocks have been on a strong rally, clocking their best winning streak in over two years last week, boosted by DeepSeek's AI breakthrough, which reignited investor interest in China's technology capabilities. On Monday, Goldman raised its 12-month target price for China's CSI300 index to 4,700 from 4,600.