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Shareholder Proposal Cites Potential Risks of Chatgpt During 2024 Elections

A group of Microsoft investors has filed a formal shareholder proposal calling on the company’s board to issue a report on the material risks of its generative artificial intelligence technology facilitating misinformation and disinformation, as well as assessing the effectiveness of Microsoft’s efforts to remediate those harms.  The proposal raises concerns that AI tools such […]

Weekly Market Recap – July 10, 2023

Wall Street enjoyed a positive week of returns, with each of the benchmark indexes posting solid gains, despite a marginal downturn at the end of last week.

Market Timing Reminder: Just Say No

Market Timing Reminder: Just Say No

Should you sell out of the market and go to cash when you’ve got a hunch markets are headed lower? Of course not. While moving to cash might feel good mentally and help you avoid short-term stock market volatility, it is unlikely to be a wise move over the long term. Here’s why: When your […]

Why I became a financial advisor

Ehab Alalfey, Azzad Investment Advisor I have been around the wealth management industry for as long as I can remember. I recall helping my father, an immigrant to this country, with his work as a junior advisor at a practice in Maryland when he was just getting started. I would help him when I was […]

Weekly Market Recap – July 3, 2023

The Markets (second quarter through June 30, 2023) Wall Street proved resilient during the second quarter of the year, despite rising inflation, two interest rate hikes, and concerns about the debt ceiling. The economy remained relatively strong, despite predictions that it may be headed toward a recession. The second quarter saw information technology, communication services, […]

Weekly Market Recap – June 12, 2023

Stocks closed another week higher, with each of the benchmark indexes listed here posting gains. With last week’s advance, the Nasdaq has risen for seven consecutive weeks, while the S&P 500 hit its highest level since August 2022. The S&P 500 is more than 20% above its October 2022 low, putting it in bull territory. […]

Weekly Market Recap – June 5, 2023

The Markets (as of market close June 2, 2023) Stocks began the week on a downturn, but rallied later to end last week higher. Each of the benchmark indexes posted solid weekly gains, led by the Russell 2000, followed by the Nasdaq, the Dow, the S&P 500, and the Global Dow. Investors began the week […]

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