Imagine being an early investor in Apple or Amazon.com and sitting on a fortune. Ahhh.

But failing to identify future technology now could mean missing the next big thing, says our call of the day from a team of Bank of America strategists led by Haim Israel, which highlights 14 potentially lucrative new technologies that represent a $ 330 billion market today and could be worth $ 6 trillion by next decade.

“The rate at which themes are transforming businesses is rapid, but the adoption of many technologies – such as smartphones or renewables – has exceeded the predictions of experts by decades, as we often think linearly but the progress is exponential. “, say the strategists. They say a paradigm shift in the data explosion, faster processing power and the rise of artificial intelligence will result in the “fastest deployment of disruptive technology in history.”

And in the world of big stocks, more and more people are showing money to investors. “Over the past 30 years, only 1.5% of companies have generated any net wealth in the global stock market, meaning that in fact, only a handful of disruptors (‘corporate superstars’) really influence the markets. long-term financials, ”say Israel and the team.

Here are the 14 technologies: 6G, Brain-Computer Interface (BCI), Emotional Artificial Intelligence, Synthetic Biology, Immortality, Bionic Humans, eVTOL (Vertical Take-Off and Landing Electric Vehicles), Wireless Electricity, Holograms, Metaverse, Next-Generation Batteries , oceantech (marine energy, precision fishing, etc.), green mining and CCS (negative emission technology that captures and stores carbon dioxide before it can be released). This table gives an overview:

Bank of America


As for sectors, they say telecoms would benefit from 6G, new media and entertainment from the metaverse and holograms, and major tech platforms are “pioneers of several Moonshot technologies,” such as the Emotional AI, Brain-Computer Interfaces, Bionic Humans, and More. E-commerce and retail are the beneficiaries of metaverse technology, while in real estate, data centers and telecom towers are said to be the beneficiaries of the creation of 6G.

The broad sector of healthcare, biopharma, biotechnology, life sciences, medical technology, are obvious beneficiaries of several Moonshot technologies, as well as information technologies, while metals and mining would benefit from green mining, next-generation batteries and ocean technology, with chemicals poised to benefit. synthetic biology and new generation batteries.

Here’s a massive latest chart from Bank of America that shows how these new technologies can change our lives.

Moderna pushes for boosters and a
retail sales surprise

A data dump left us with better-than-expected retail sales, which rose 0.7% against expectations of a decline after falling 1.1% in July. Weekly jobless claims were slightly higher than expected, and the Philadelphia Fed’s manufacturing index also beat views with an increase to 30.7 in September.

In the wake of a similar study by Pfizer PFE,
-1.03%,
Moderna mRNA,
+1.67%
said a study of his vaccine shows decreasing effectiveness of COVID injections over time, supporting the need for a booster.

Cisco CSCO,
-0.24%
stocks are up after optimistic earnings forecasts from the network equipment maker.

CF Industries CF,
+1.88%,
which manufactures hydrogen and nitrogen products, shut down operations at two UK factories, citing high natural gas prices. A shortage of goods in Europe and the UK has turned into a major crisis for the regions.

SpaceX’s first private flight and first-ever amateur crew began a three-day mission to orbit above the earth on Wednesday.

Ho ho, oh no. You could pay more or even miss that artificial Christmas tree thanks to supply chain issues that threaten to ruin the holidays.

The steps

DJIA actions,
-0.47%

SPX,
-0.61%

COMP,
-0.63%
are mixed after Wednesday’s strong session, with a Yom Kippur holiday likely reducing volumes. The expirations of the “quadruple witchcraft” options are also looming. Asia may have been a drag Losses in Asia did not help, with the Hang Seng HSI,
-1.46%
down 2% and the Chinese CSI 300,000 300,
-1.22%
losing 1% with technological regulation worries a persistent overhang.

Read: How the “buy Yom Kippur sell Rosh Hashanah” trading theme plays out in the stock market in 2021

Table

While we wait for retail sales, here’s a chart showing that there is a lot of pessimism:

Random readings

Lou the long-eared dog and a 7-foot teenager among the new entries in the 2022 Guinness Book of World Records.

Noah’s Ark University? More and more students are bringing pets to campus. But also their pet’s pet.

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