David Bahnsen

The AI boom that fueled a historic rally in semiconductor and infrastructure stocks over the past two years came to a screeching halt Monday, as a wave of selling swept through the market following the launch of DeepSeek, China's open-source AI model. While NVIDIA Corp. (NASDAQ:NVDA) grabbed the...

The Nasdaq composite was up another 1.8% to new highs on Wednesday as the rally in tech stocks continued. Investors are seemingly pricing in a pandemic recovery at some point down the line, but one money manager said Tuesday the next stage of the market cycle could usher in a major rotation...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.3% on Thursday after the Labor Department reported weekly jobless claims of 5.245 million, bringing the running total for the coronavirus downturn up to 22 million. This week’s jobless claims were down 1.37 million, suggesting the...

The Federal Reserve on Tuesday cut interest rates by 50 basis points, citing rising coronavirus-related risks to economic activity. The Fed lowered its fed fund target rate range from between 1.5% and 1.75% to a new target range of between 1% and 1.25%. Markets initially popped on the news, but...

The Bureau of Labor Statistics released employment data for the month of January, and the jobs report came in above economists expectations. Here’s a rundown of everything you need to know. What You Need To Know About The Jobs Report The nonfarm payroll number came in at +225,000, well above...

British Prime Minister Theresa May will go down in history after her Brexit proposal suffered the biggest defeat ever by 230 votes in Parliament. But on Wednesday, many of the politicians who didn't support her Brexit proposal agreed to keep her in power. This could be seen as a sign that...

David Bahnsen is the managing director, partner and chief investment officer at Hightower. On Wednesday, he was a guest on CNBC's "Squawk Box" segment to discuss three stocks that could benefit under President-elect Donald Trump's administration. Bahnsen stated that two key themes expected under...