Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and subsequent collapse, are more worried about being underinvested than overexposed right now. “That’s the first time that’s happened since 2021 for us,” the firm’s senior … Read more
Visitors around the Charging Bull statue near the New York Stock Exchange on June 29, 2023. Victor J. Blue | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more
SoftBank has confronted headwinds in its Imaginative and prescient Fund funding division because of a fall in know-how firm valuations amid rising rates of interest. Kiyoshi Ota | Bloomberg | Getty Photographs SoftBank recorded a document loss for its Imaginative and prescient Fund as a current rally in tech shares has executed little to assist … Read more