Bullish positioning in US equities has been 'getting more extended' – Citi According to the latest Citi Equity Markets Positioning Model note, the early focus on US elections, sparked by the presidential debate, has not curbed the risk appetite and bullish positioning...
Bank of America technical strategists say S&P 500 will hit 6150. Bank of America’s technical strategists see a healthy summer rally for US equities on the horizon, with the S&P 500 (SPX) projected to reach 6150.Their analysis highlights the recent surge...
End of Redstone era as Paramount, Skydance Media agree to merge. (Reuters) -Skydance Media and Paramount Global have agreed to a merger, the companies announced late on Sunday, marking the end of an era for the Redstone media empire which was launched as a chain of...
Globally, Value funds gave back some performance in June. Bank of America reported a shift in global fund performance for June, with Value funds experiencing a median decline of 0.88% compared to their benchmarks. Only 24% of Value funds managed to outperform in...
Epic Games says Apple stalling launch of its game store in Europe. (Reuters) -“Fortnite” maker Epic Games said on Friday Apple (NASDAQ: AAPL) was impeding its attempts to set up a games store on iPhones and iPads in Europe, the latest escalation in a...
