Generative AI, Investing In The 21st Century Megatrend, Part One
Fierce rallies in technology related share prices are eliciting calls of a new investment bubble a la Nasdaq 2000, but are such fears justified?
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Fierce rallies in technology related share prices are eliciting calls of a new investment bubble a la Nasdaq 2000, but are such fears justified?
Shares in the chipmaker have soared 10 per cent in after hours trading after the chipmaker smashed earnings expectations in the January quarter.
Magellan has detailed its plan to revamp its business in the US, with executive chairman Andrew Formica saying he can see a “tremendous opportunity” for the firm.
Magellan Financial Group is hopeful new managing director Sophia Rahmani will help steady the ship, as it sharpens its focus on the US and reports a 24% increase in statutory net profit after tax despite plummeting funds under management.
The former deputy CIO has bowed out after more than 16 years with the $1.5 billion listed global equity investment manager.