Portfolio

‘Fundamentals still matter’: Portfolio manager of firm managing $17 billion warns stocks should sink 15% as AI hype fuels current rally and drowns out recession alarm bells

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'Fundamentals still matter': Portfolio manager of firm managing $17 billion warns stocks should sink 15% as AI hype fuels current rally and drowns out recession alarm bells

The shares are up more than 23% since last October. But the rally isn’t likely to last, warns Rayliant’s Phillip Wool. Wool said a probable recession, tight market breadth and rising interest rates threaten the stocks. Stocks are once again in a bull market, with the S&P 500 now up more than 20% from its … Read more

AMD Expands EPYC 4th Generation CPU Portfolio with Leading Processors for Cloud-Native and Technical Computing Workloads

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AMD Expands EPYC 4th Generation CPU Portfolio with Leading Processors for Cloud-Native and Technical Computing Workloads

New 4th Generation AMD EPYC processors deliver leadership performance in cloud native and technical computing Microsoft Azure and Meta introduce support for new AMD EPYC CPUs at Data Center and AI Technology Premiere SANTA CLARA, Calif., June 13, 2023 (GLOBE NEWSWIRE) — Today, at the Data Center and … Read more

Clippy’s designer was too embarrassed to include it in his portfolio

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Clippy's designer was too embarrassed to include it in his portfolio

Theoretical physicist J. Robert Oppenheimer reflected on the words of the Bhagavad Gita after the first detonation of an atomic bomb: “Now I have become death, the destroyer of worlds.” Clippy’s creator, on the other hand, felt a little embarrassed when he discovered that Microsoft had shipped the character with Office 97 on Windows. Those … Read more