Add this topic to your myFT Digest for news straight to your inbox
‘No one is really worried about small downturns,’ say investors
Fund managers turn to tech stocks after fears over lingering inflation recede
Four of top six thematic funds by inflows this year have been AI vehicles, data shows
Why some penny stocks are trading more than shares in Tesla
Belief grows in further gains with recession fears abating and improved corporate earnings
Meet the American brokerage exec who’s rolling out the first publicly traded multi-club model
2024 vs 2021
Examining arguments that the markets are right
Chipmaker joins Apple and Microsoft in reaching milestone after blistering share price ride
Global elections, regional conflicts and sky-high US equity prices might test the patience of investors this year
Also in today’s newsletter, US earnings look fine (but only fine)
US borrowers raised $7bn this month by selling convertible debt
Dara Khosrowshahi became entitled to award after meeting targets set before ride-hailing group’s IPO
Comparisons between the Magnificent Seven US tech stocks and the dotcom bubble miss the point
What’s powering the new highs in so many markets?
And more on bad buybacks
Group of 11 pharma, tech and luxury shares echoes US dominance of ‘Magnificent Seven’
Prospectus filing shows $804mn in revenue and a $91mn net loss in 2023
US, European and Japanese markets hit all-time highs after chipmaker reignites AI optimism
Virginia-based drugmaker says switch would attract more US investors
Concentration consternation
Options volumes leapt for Nano-X and SoundHound ahead of details on chipmaking giant’s stakes
Examining the transactions by the number of shares sold instead of dollar value makes them look more conventional
Arrowstreet Capital likely to have made at least $1bn in profits on the chipmaker this year
Share sale follows investor’s admission that an earlier cut to its holding may have been a mistake
International Edition