Large-Cap Tech Still Leads as Apple and Amazon Eye Further Gains
Apple and Amazon remain in bullish chart patterns, with potential breakouts pointing toward $390 and $320, respectively. Continue Reading
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Apple and Amazon remain in bullish chart patterns, with potential breakouts pointing toward $390 and $320, respectively. Continue Reading
Micron Technology’s blockbuster report on Sept. 30 gave the market a glimpse of what is yet to come. Continue Reading
A yawning gap has opened up inside the stock market that to some looks like an abyss. We see an opportunity. Continue Reading
Meta Platforms META delivered a stunning performance in September, with shares surging approximately 27% during the month. The social media giant started the month trading around $570 before catapulting to an intraday high of $779.82 on Se…
Artificial intelligence stocks finally ran out of steam and major U.S. stock indexes were paying the price on Monday. The Dow Jones Industrial Average fell 347 points, or 0.7%. The S&P 500 dropped 0.8%. Continue Reading
Not much was working on Wall Street on Monday. The Nasdaq Composite was leading the major indexes lower with a 0.7% drop, but the S&P 500, down 0.6%, and the Dow Jones Industrial Average, down 0.4%, weren’t far behind. Continue Reading
It will take years for AI investments by major tech companies to pay off. But before that happens, companies have to break even — and that will also take years. Goldman Sachs strategist Ryan Hammond crunched some numbers and thinks hypersc…
Bitcoin is back to its late-January highs, while the tech-heavy Nasdaq Composite on Monday logged its first record close since June. - Getty Images After weeks of looking all but lost amid a stunning decline this year, bitcoin broke above…
Meta Platforms shares rose modestly Tuesday, a day after they soared more than 11% after its new AI agent, Muse, reached the top of Apple's App Store. Credit: Michael Nagle / Bloomberg via Getty Images Major U.S. stock indexes were mixed T…
The S&P 500 is less than 1% away from eclipsing its 7,798.99 record high, and the Nasdaq just crossed into record territory. - MarketWatch illustration/iStockphoto The S&P 500 was on the verge of following the Nasdaq Composite Index to a f…
This article first appeared on GuruFocus. The Magnificent Seven may be approaching a technical turning point after spending much of 2026 moving within a narrow range, with the Roundhill Magnificent Seven ETF (MAGS) trading near a key resis…
Wall Street is starting to turn cautious on stocks heading into the final months of the year, with a key investor survey and a new S&P 500 price target suggesting stocks are in for a rough autumn patch due to surging bond yields and soarin…
Oil prices pulled back Friday but still soared for the week. Credit: Spencer Platt / Getty Images Stocks surged Friday, finishing the week lower, after a closely watched inflation reading reading matched expectations and oil prices fell. T…
Quick Read This momentum-based ETF has been consistently outperforming the SPY. It has even outperformed many AI ETFs in the past few years. It is likely to keep outperforming the SPY going forward, especially if the market keeps rallying.…
This article first appeared on GuruFocus. The Magnificent Seven have flashed a signal never recorded before, breaking from the momentum trade that defined the AI-led bull market. A Sherwood News analysis of rolling 21-session correlations…
AI is a driving force in the U.S. stock market. - MarketWatch photo illustration/iStockphoto Investors' intense focus on artificial intelligence is at times adding to the power of a small club of Big Tech stocks with mega market values to…
The "Magnificent Seven" stocks have been the driving force behind the market's current bull market. Right near the beginning of the bull market in April of 2023, Roundhill Financial launched an exchange-traded fund (ETF) that sought to cap…
The myriad issues facing the economy aren’t being reflected in traditional risk gauges. But you can’t fool the bond market. Continue Reading
The myriad issues facing the economy aren’t being reflected in traditional risk gauges. But you can’t fool the bond market. Continue Reading
Growing political and community pushback is creating new headwinds for data center stocks, with concerns ranging from rising electricity demand to water consumption. Fears that data centers could drive up power bills, strain local water su…
Wall Street will turn almost anything into an ETF these days. Your hockey team could be next. CME announced plans last week for the first futures tied to the on-ice performance of individual NHL teams. Three days later, Volatility Shares f…
Quick Read XMAG has returned 16% YTD versus MAGS's 5%, with Tesla's 27% decline dragging down the equal-weighted Mag 7 basket. MAGS holds only 34% of net assets in actual equities, with 53% parked in Treasury bills and the rest in swap der…
Economist Torsten Sløk points out that the AI capex boom is lifting profit margins for the Mag Seven, but not other companies. Continue Reading
Software and chip stocks were stuck in a tug-of-war for the Nasdaq on Monday, and chips were winning. With the Nasdaq Composite down 0.4%, the iShares Semiconductor ETF was off 1.4%. On the flip side, the iShares Expanded Tech-Software Sec…
Momentum investing could be poised for a comeback after suffering one of its steepest pullbacks on record, according to Morgan Stanley strategist Michael Wilson, per Bloomberg, as quoted on Yahoo Finance. However, the next phase of gains m…
The Dow Jones Industrial Average notched a fresh record for the third day in a row. The Dow rose 0.5% or 263 points while the S&P 500 dropped 0.2%. The Nasdaq Composite fell 0.8%. The divergence in index performance came after some of the…
The in fact, has powered more than 3.3% higher since the end of July, running a four-day winning streak and reaching a record high of 7736. The gains are mainly tied in part to 7.7% gain for the and more modest 4.3% bump for an index of th…
The S&P 500 is back in record territory after a brief break. - Getty Images After an eventful two-month stretch for the stock market that featured one of the biggest momentum crashes in recent memory, investors who managed to sit tight thr…
Investors are expressing positive vibes about U.S. equities, despite ongoing concerns that the market is overvalued. The report shows that 47% of retail clients are bullish on the U.S. stock market. A separate report from The CFP Board als…
The tech stock rally continued, extending yesterday's gains, but today's rise looks a little different. The tech-heavy Nasdaq Composite was up 1.1%. The tech sector led the S&P 500, up 3.1%. Unlike yesterday, it wasn't the Magnificent Seve…
REVIEW PREVIEW NEWSLETTER Fresh Record. Markets kicked off the first trading day of August on a strong note, with the Dow Jones Industrial Average closing at a new high on Monday. The pullback in oil prices held despite Iran’s denial of an…
Magnificent Seven - Number 7 For three years, owning the Magnificent 7 was the only trade that mattered. Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta and Tesla drove the majority of the S&P 500's gains and came to represent more than a…
The Dow Jones Industrial Average closed Monday at a fresh record, and the S&P 500 wasn't too far off its a record of its own. The Dow rose 1.3% or 693 points, setting a fresh record close. The Magnificent Seven were pulling their weight, s…
Wall Street delivered mixed performance in July. The Dow notched its fourth straight monthly gain, while the S&P 500 finished little changed and the Nasdaq fell as investors rotated away from high-growth technology stocks amid surging Trea…
In fact, the PHLX Semiconductor Index saw its worst monthly performance since 2008 in July. The tech-heavy Nasdaq saw its worst July since 2006. The Roundhill Magnificent Seven ETF also fell, with positive post-earnings moves unable to off…
[HEDGE FUND text on a note with office supplies] Zolak Hedge funds rapidly deleveraged technology positions in the days before AI-focused hedge fund Situational Awareness was forced to liquidate its public equity portfolio. On Thursday, Si…