December could bring seasonal tailwinds back to the stock market and return it to all-time highs. Historically, since 1950, it's the third-best month of the year for the Dow and S&P 500; it's also the third-best month for the Nasdaq, since 1971, according to the Stock Trader's Almanac,
Quantum stocks have been absolutely demolished amid the latest tech-focused market pullback. With the AI trade, which some pundits view as being in a "bubble" of sorts, letting a bit of air out while the cryptocurrency markets experience a bloodbath of their own, it certainly seems like the appetite for some of the market's more speculative names is fading fast. At this juncture, those who bought into the quantum stocks at the peak probably feel like it's the beginning of the end.
Ray Dalio's Bridgewater Associates is a hedge fund with $136.5 billion in assets. Dalio is the founder of one of the largest hedge funds, and it has stood the test of time. The hedge fund makes smart moves and invests in stocks and exchange-traded funds (ETFs) that show high growth potential. This year, Ray Dalio's hedge fund is loading up on iShares Core S&P 500 (SPDR S&P 500 ETF Trust (NYSEARCA:IVV), NYSEARCA:SPY ) , and NVIDIA Corp. (NASDAQ:NVDA), as per the 13F reports.
Shares of Lemonade (NYSE: LMND) are rocketing about 20%, or $11 higher this morning. All after the company posted stronger than expected earnings, and raised its guidance again. While it posted an EPS loss of 51 cents, that still beat estimates by 19 cents. Revenue of $194.5 million, up 42.4% year over year, beat by $9.44 million. It also expects 2025 revenue to be $727 million to $732 million, which is up from prior guidance of $710 million to $716 million.