6 Top Performing Technology Stocks That Can't Be Ignored

With innovations happening at the blink of an eye, it can be daunting to keep up with the latest tech trends. These are the hottest technology stocks at the moment, make sure you don't miss out!

By clicking the link above you will automatically opt-in to receive emails from MarketHundred

China 'Unlikely' To Topple US As World's Leading Economy, Says Mohamed El-Erian

Benzinga Neuro
September 08, 2023

China’s chances of becoming the world’s top economy might need rethinking, according to a recent article by Mohamed El-Erian, chief economic adviser at Allianz.

What Happened: El-Erian, in the article that appeared in Financial Times, suggests that the Chinese government’s current economic approach is unlikely to bring about a return to its previous position as a powerful driver of global economic growth, reported  Business Insider.

“It is time for the markets to recognize that China is not reverting to its old economic and financial playbook, and its return as a powerful driver of global economic growth is unlikely in the near future,” El-Erian wrote.

“Economic performance is likely to remain lackluster for the remainder of 2023 and the first half of 2024.”

Despite a brief period of economic rebound following the lifting of pandemic restrictions, China’s economic performance has since been disappointing. High levels of youth unemployment and deflationary pricing are among the challenges faced.

See Also: China’s iPhone Ban Throws Wrench In Apple Profit Engine: 30M Units At Risk, Bank Of America Warns

Investors and analysts have been vocal about their hopes for a large-scale stimulus program from Beijing to boost the economy. However, El-Erian suggests this is unlikely due to concerns about high debt levels and the potential for corruption.

Instead, Beijing is implementing smaller measures and transitioning towards new growth industries like green energy and artificial intelligence.

El-Erian also noted that larger debt restructuring measures may be required and Beijing may need to reconsider its role in domestic markets. Bloomberg economists also predict that China’s GDP growth will slow to just 1% by 2050.

Read Next: Contemporary art pieces have shown miniscule correlation to other assets during crises. However, not all are created equal. Click here to invest in pieces experts agreed could outperform the market.

Photo: Courtesy of Wikimedia Commons


Engineered by Benzinga Neuro, Edited by Navdeep Yadav


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Continue Reading...

Popular

POSaBIT Systems Reports Financial Performance In Q3 2023, Shows Resilience In Cannabis Payment Industry

POSaBIT Systems Corporation (CSE: PBIT) (OTC: POSAF), a provider of payments infrastructure in the cannabis industry, has released its financial results for the third quarter of 2023, ending September 30, 2023.

These 3 Energy Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Coming Soon: Federal QR Codes? - Ad

Thanks to a major overhaul of the US banking system taking place today, a QR code just like this one could soon be mandatory for millions of Americans and it has the backing of the White House, Federal Reserve and Treasury. What changes do these powerful organizations have planned for your money?

Costco Wholesale, Procter & Gamble And Other Defensive Stocks From Wall Street's Most Accurate Analysts

Wall Street analysts make new stock picks on a daily basis. Even when it comes to one single stock, analyst ratings and price targets can vary widely....

What Stock Do These 3 Billionaires Have in Common? - Ad

This stock already boasts twice Tesla's returns, but now...three well-known billionaires are piling in. Brand-new analysis reveals the full story, including the names of these billionaires -- and the stock.

Top 3 Industrials Stocks That May Explode This Month

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Tesla Vs. Toyota: Electric Dreams Clash With Hybrid Revival In Automotive Showdown

The battle between electric vehicles and hybrids has taken a new turn reportedly, with Elon Musk of Tesla Inc. (NASDAQ: TSLA) advocating for an electric future, while Toyota Motor Corporation (NYSE:

The "Smart Money" Is Ready for Dec. 12th. Are You? - Ad

Some of America's best "Doomsday" investors are buying one stock right now...and on December 12th, you'll understand why. This stock has a track record of holding its own during bloodbaths.

DeSantis And Moody's War On Weed Loses Steam: Poll Shows Florida Overwhelmingly Supports Legalization

A recent poll by the University of North Florida (UNF) found that nearly seven out of ten registered Florida voters support a marijuana legalization initiative that is expected to appear on a 2024 ballot. The poll showed that there was majority support for the issue across each political, gender, race and age demographic that was reported. Trouble In The Courts

Ukraine's "Secret Weapon" Against Russia - Ad

Ukraine has a new weapon that's never been used before in war. This "living software" has been its secret weapon against Russia. The Wall Street Journal Reports: "it's a technical revolution." Early investors can reap 5,633% gains on the small company that makes it.

Bitcoin, Ethereum, Dogecoin Dip Ahead Of Macro Volatility Triggers As November Ends: Analyst Predicts Ethereum To Rally Over 80% To $3600

Major cryptocurrencies experienced a significant drop on Monday evening, with exchanges reporting the lowest quantity of available Bitcoin since April 2018, excluding the recent lows noted in October.

Don't Miss Out: Secure Your $10 Bitcoin Reward Today - Ad

Limited-Time Offer: Attend one of our enlightening workshops this week and receive $10 in Bitcoin as our thank you for your engagement. No catch. No purchase necessary.

Have You Received This Phone Call Yet? - Ad

People are receiving a strange phone call from an unknown number. When they pick up, they hear the voice of a loved one - a spouse, a child, or a grandchild. They'll say they're in trouble and need you to send money. But it's not them.

Insta-Worthy Workspaces To Woo Back Remote Workers? Social Media Users Tell Companies To 'Please' Just Raise Pay

The New York Times reported that certain firms, such as Magic Spoon, a cereal brand, are banking on visually attractive workspaces to bring employees back to the office. 

Michigan to join state-level effort to regulate AI political ads as federal legislation pends

LANSING, Mich. (AP) — Michigan is joining an effort to curb deceptive uses of artificial intelligence and manipulated media through state-level policies as Congress and the Federal Elections Commission continue to debate more sweeping regulations ahead of the 2024 elections.

WARNING: These 110 Banks Could Replace the U.S. Dollar on December 13th - Ad

Please, pay close attention because if your bank is on this "blacklist" with 110 banks, your entire life savings could be at risk. According to this famous banker, you must move your cash THIS month. Or risk losing everything.

IO Biotech And 2 Other Stocks Under $2 Insiders Are Buying

When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

US auto safety regulators reviewing some Hyundai, Kia recalls

U.S. regulators are reviewing some Hyundai and Kia recalls related to brake-safety units to determine if they should have been done sooner.

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon - Ad

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

Big Tech Prioritize Cost Control and AI, Scaling Back Workforce Despite Business Growth

The tech industry is adopting a new approach of doing more with less, having recovered from a recent downturn. 

Check Out 3 Materials Stocks With Over 5% Dividend Yields From Wall Street's Most Accurate Analysts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

The Military Is Handing You This Win - On a Silver Platter - Ad

The Ukraine war isn't being won just by its soldiers, it's being won by software. This "living software" has been such a difference-maker, the U.S. Army just signed a $1 billion contract with the company.

Kim Jong Un And Joe Biden's Ambassadors Engage In Rare Public Spat At UN Security Council Meeting

This public argument comes in the wake of North Korea's inaugural spy satellite launch and the subsequent escalation in tensions.

Mark Cuban Wants To Build New American Cities On Blockchain: 'Send Me An NFT That Unlocks...'

"Shark Tank" billionaire investor Mark Cuban on Sunday expressed interest in a transformative crypto real estate project, bringing together smart contracts and non-fungible tokens (NFTs) to drive construction and urban development. 

The No. 1 Threat to Your Wealth in 2024 - Ad

A new AI threat is expected to cost Americans $100 billion in the next 18 months. Even if you don't own a single AI stock, you could still be a victim just by picking up the phone.

Georgia case over railroad's use of eminent domain could have property law implications

ATLANTA (AP) — It's a fight over land in one of rural Georgia's poorest areas, but it could have implications for property law across the state and nation.

AI Pioneer Admits "AI Is BS"? - Ad

Here's something no one else will tell you about artificial intelligence. Investing in AI... is BS. Almost every investor out there is falling into 2 AI investing traps. Before you spend one nickel on AI...I urge you to see my warning here.

Chinese AI firm SenseTime denies research firm Grizzly's claim it inflated its revenue

HONG KONG (AP) — SenseTime, a major Chinese artificial intelligence company, has rejected claims by a research company that it has falsely inflated its revenue.

41 Banks Launch Radical New Tech -- Is Yours Next? - Ad

Your bank could soon adopt a powerful new technology that'll have some big implications for your money. At least 41 different banks are already rolling it out, with official support from the Federal Reserve. These changes could leave many people in the dark, but you don't have to be one of them.

Elon Musk's "ChatGPT" Could Soon Mint New Millionaires - Ad

Elon Musk is about to shock the world again with his version of ChatGPT. And you could go along for the ride if you make this one simple move.

China factory activity contracts in November for 2nd straight month despite stimulus measures

HONG KONG (AP) — An official survey of Chinese manufacturers shows that factory activity contracted for a second straight month in November, an indicator of weak demand despite various stimulus measures aimed at supporting the economy.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service