Business services providers play a critical role for enterprises, assisting them with everything from new hardware integrations to consulting and marketing. But cutbacks in corporate spending and the threat of new AI products have kept sentiment in check, and over the past six months, the industry has tumbled by 1.4%. This performance mirrored the S&P 500’s.
2 Industrials Stocks on Our Watchlist and 1 to Turn Down
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 7.5% over the past six months. This drawdown was disheartening since the S&P 500 held steady.
3 Market-Beating Stocks on Our Watchlist
The best-performing stocks typically have robust sales growth, increasing margins, and rising returns on capital, and those that can maintain this trifecta year in and year out often become the legends of the investing world.
3 Services Stocks Walking a Fine Line
Business services providers use their specialized expertise to help enterprises streamline operations and cut costs. But increasing competition from AI-driven upstarts has tempered enthusiasm, and over the past six months, the industry has pulled back by 1.4%. This performance was similar to the S&P 500’s.
Former Bittrex Execs Raise $40M in Bitcoin to Back Barbados-Licensed Insurance Firm
Barbados-regulated Tabit Insurance raised a $40 million insurance facility funded entirely by bitcoin (BTC).
Tether, Bitcoin, XRP, and more cryptocurrencies to watch this week
Stablecoins are getting some extra attention after President Donald Trump told a crypto conference Thursday that he’s called on congress to pass “simple, common-sense rules for stablecoins.” Plus, what’s next for Bitcoin in 2025? Betting markets seem to think that the leading cryptocurrency is unlikely to go much higher this year than its January peak of roughly $109,000.
Chile Central Bank Lifts Economic Growth and Inflation Forecasts
(Bloomberg) -- Chile’s central bank raised its 2025 economic growth and year-end inflation forecasts days after policymakers signaled they’re in no rush to resume interest-rate reductions.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsWhy Did the Government Declare War on My Adorable Tiny Truck?New York Subway Ditches MetroCard After