The Outlook For The U.S. Economy Is Bullish

CGI Looks Fully Valued Here, But M&A Opportunities May Be Attractive

CGI Inc. Provides consulting and outsourcing services globally. The global market for digital transformation consulting is expected to reach $235 billion by 2031, driving growth for CGI. A larger portion of CGI's revenue is generated from outsourcing services, which have proven to be more stable than its consulting segment. The company appears fully valued at its current price of around $106. I'm on Hold for CGI until clients increase their discretionary spending.

U.S. equities see the largest net buying since late February - GS

U.S. Equities see the largest net buying since late February - Goldman Sachs. The S&P 500 was down for the third straight week and traded lower for six straight sessions. Bitcoin-sensitive stocks, winners of the last 12 months underperformed. Overall U.S.-based equities saw the biggest net buying of the year.

Weekly Report: what happened at XSW last week (0415-0419)?

Weekly Report: what happened at XSW last week (0408-0412)?

Cognizant's Bookings Sag As Client Demand Remains Soft

Cognizant Technology Solutions Corporation (CTSH) is a global consulting company that provides a range of services. The firm's bookings growth has recently rolled over as client spending remains soft. Cognizant's market for digital transformation strategy consulting is expected to reach $235 billion by 2031. I remain Neutral on CTSH on an uncertain global demand outlook for the firm's growth.

Tailwinds In Tech

William Blair: We are in a new demand cycle for tech hardware. Smartphones and PCs are still the largest end-markets, but their outlook is improving. AI presents a second avenue of growth for many of these Taiwanese companies, says Hiraman. The past year’s gains in Taiwan tech were primarily driven by increases in stock valuations.

Why Information Technology Model N Shares Are Surging Today

Model N, Inc. Shares are trading higher after the company announced Vista Equity Partners will acquire it for $1.25 billion. Vista will acquire all the outstanding shares of Model N for $30.00 per share. The deal is expected to close in mid-2024.

Weekly Report: what happened at XSW last week (0401-0405)?

Should You Invest in the Invesco AI and Next Gen Software ETF (IGPT)?

Is SPDR S&P Software & Services ETF (XSW) a Strong ETF Right Now?

Weekly Report: what happened at XSW last week (0325-0329)?

Cons Disc distribution & retail has the highest dispersion among S&P groups - MS

Consumer discretionary distribution & retail has the highest dispersion among S&P groups. Morgan Stanley analysts monitored the dispersion metrics of the S&p 500 and its sectors and subsectors. Dispersion measures the range of returns for a group, Morgan Stanley says. High dispersion present in auto and household, lower in utilities and energy.

SoundHound AI Rolls Out First ChatGPT-Enabled Voice Assistant in Japanese Vehicles

SoundHound Chat AI Automotive will be the world's first in-vehicle voice assistant integrated with ChatGPT. The technology will be incorporated into Stellantis DS Automobiles in Japan this month. It will be available in 13 languages across 18 nations by 2024.

Weekly Report: what happened at XSW last week (0318-0322)?

Should You Invest in the iShares Expanded Tech-Software Sector ETF (IGV)?

Taking Stock: Q2 2024 Equity Market Outlook

XSW: A Software Play That Can Catch Up

The SPDR® S&P Software & Services ETF offers an opportunity to invest in the high-growth software and services industry. XSW's equal-weighting methodology sets it apart from its peers and emphasizes smaller, growth-oriented companies within the index. The software and service industry is projected to grow 12% each year from 2023 to 2030.

Weekly Report: what happened at XSW last week (0311-0315)?

Should You Invest in the SPDR S&P Software & Services ETF (XSW)?