SpaceX Stock Jumps 4% on Phone Rumors.
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SpaceX found a new reason to rally Tuesday. Not a rocket launch. Not an earnings beat. A rumor about a phone. That was enough to move the stock 4% and…
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S&P 500 Up 15% for the Quarter. Best Run Since 2020.
Second quarter is done. Numbers are in. By any measure it was a strong three months for stocks. Question now is whether Q3 can follow it or whether the market…
Gold Price Heading for Fourth Straight Losing Month.
Gold Price has had a rough four months. Started near record highs. Now sitting well below where it started and the bleeding is not over yet. Gold Price Keeps Swinging…
Yen Hits 40 Year Low Near 162.50. Japan Is Watching Closely Now.
Yen just hit a level not seen since 1986. That is a long time. Most people reading this were not even alive back then. Here is what is actually going…
Dow Jones Tops 52,000 as Alphabet Debuts in the Index
Big milestone for the Dow Jones on Monday. Crossed 52,000 for the first time in history. And the index just got a new member who made an immediate impact. Dow…
OpenAI Slows New Model Release After White House Request.
New models are ready. White House said not so fast. OpenAI is doing a limited preview first. And the IPO that was supposed to happen this year might not happen…
S&P 500 Futures Up Monday Morning.
Lot happening Monday morning for S&P 500 Futures before the cash session even opens. Geopolitical news. Quarter end positioning. Tech still under pressure. Here is where things stand. Futures Are…
SpaceX Joins Nasdaq 100 on July 7. Stock Barely Reacted.
Big index milestone for SpaceX this week. Usually that kind of news moves a stock. This time it barely did anything. After the last two weeks that reaction makes a…
Cerebras Posts Strong First Earnings. Stock Falls 11% Anyway.
Good numbers on paper. Bad reaction from the market. Cerebras is learning fast that beating estimates is not always enough when investors are worried about something else entirely. Numbers Looked…
Alphabet Joins the Dow Jones on Monday. Verizon Is Out. Tech Takes Over Another Seat.
Dow Jones started as an index of factories and railroads. Monday it adds another AI and cloud company. The transformation of America’s most famous stock index keeps going. Verizon Is…