Michael Msika

(Bloomberg) -- Hedge funds pulled back from US tech stocks at a record pace over the past two months, according to Goldman Sachs Group Inc.'s Prime Services desk.

The London Stock Exchange’s plan to introduce nearly 24-hour trading for equities may fall short of reviving the bourse’s fortunes, the head of GAM Investments’ global equities team said.

Europe now leads the world as the region with the sharpest upgrades to corporate earnings estimates from analysts, according to JPMorgan Chase & Co.

The earnings season is confirming worries that the technology rally had gone too far, with investors now harder to please and reluctant to buy into rising profit estimates.

Thoughts of a summer lull must be far from the minds of equity investors buckling their seatbelts for a bumpy ride through this week’s long list of risk events.

Strong earnings growth and undemanding valuations are among the reasons keeping risk assets resilient to a more challenging inflation backdrop, according to HSBC Holdings Plc strategists.

After piling into chip stocks and so-called AI winners, investors are now rushing to cut this exposure and rebalance portfolios. Even allowing for that, an acceleration of the selloff in recent days over China competitive risks looks premature.

The momentum trade just gave investors a taste of the pronounced profit-and-loss swings they can expect if they fail to hedge or diversify, a warning that’s reinforced by growing inflation risks.

(Bloomberg) -- The momentum trade just gave investors a taste of the pronounced profit-and-loss swings they can expect if they fail to hedge or diversify, a warning that's reinforced by growing inflation risks.

The momentum trade just gave investors a taste of the pronounced profit-and-loss swings they can expect if they fail to hedge or diversify, a warning that's reinforced by growing inflation risks.