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☆ Why the stock market will drop 7% by mid-November, according to a technical analyst
  + stars: | 2024-10-18 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +3 min
The stock market could face a 7% correction by mid-November, says Fundstrat's Mark Newton. AdvertisementThe stock market looks poised for a 7% correction by mid-November, according to technical analyst Mark Newton of Fundstrat. AdvertisementNewton is monitoring the 5,900 level on the S&P 500 as potential resistance for the index. The S&P 500 traded at around 5,850 on Friday. "This market has seemingly 'dodged a bullet' thus far during one of the historically worst periods during most election years.
Persons: Fundstrat's Mark Newton, —, Mark Newton of, Newton, Tom Lee's Organizations: Investor, Service, Equity, Technology, RSI Locations: Newton, Mark Newton of Fundstrat
☆ The artificial intelligence war has Wall Street in a frenzy over Google, Microsoft, and anything related to bots
  + stars: | 2023-02-13 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +7 min
In case you missed it, last week Microsoft held an event that had the buzz of a Steve Jobs iPhone launch. Google Bard VS OpenAI ChatGPT displayed on Mobile with Openai and Google logo on screen seen in this photo illustration. In this two-horse race, Google certainly didn't do itself any favors in bumbling its own AI demo last week. But the battle will ultimately come down to Microsoft and Google, according to venture capitalist Vinod Khosla. Record highs for the stock market are within reach this year, according to Fundstrat.
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