Tag Archives: The market

Saudi Arabia’s wealth fund excludes shares of Facebook, Disney and Boeing, throwing billions into ETFs in the second quarter

YURI KADOBNOV / Getty Saudi Arabia’s sovereign wealth fund, which is one of the largest in the world, released investments it bought and sold in the second quarter in an SEC filing. The state-sponsored Public Investment Fund is abandoning its investments in major U.S. companies such as Boeing, Facebook, Marriott, …

Read More »

A Wall Street chief strategist says he is considering buying dirty cheap ‘powerful microcap’ shares, which have done even better than their big-cap peers since the coronavirus crash

Michael Nagle / Xinhua / Getty Images Microcap shares perform just as well as some investors’ favorite, but at much cheaper ratings, James Paulsen, chief investment strategist at The Leuthold Group, noted in a note. The “powerful microcaps” outperformed their tech peers and even the S&P 500’s Growth Index, despite …

Read More »