Stocks
Chip Stocks Flash Extreme Oversold Signals as Bears says More Pain
Semiconductor stocks are showing signs of extreme selling pressure after one of their sharpest losing streaks in years. The Philadelphia Semiconductor Index has plunged approximately 15.7% since October 6, while the Nasdaq-100 recently reached its most oversold four-hour reading in more than a year, according to StoneX strategist James Stanley. Technical relative-strength indicators also show memory giants Sandisk (SNDK) and Micron (MU) firmly in the lagging category.
October Fed Rate Hike Bets Plunge After Warsh Speech
Wall Street traders sharply reduced bets on an October interest rate hike after Federal Reserve Chair Kevin Warsh gave no indication that further tightening was imminent.
Tesla Jumps 3% on Roadster Reveal as Wall Street Remains Flat
U.S. stock futures were little changed Friday as technology stocks remained under pressure, while Tesla (TSLA) climbed more than 3% following the unveiling of its new Roadster.
MSCI Proposes Indonesia Downgrade as Stocks Plunge 11%
Global index provider MSCI has proposed downgrading Indonesia from an Emerging Market to a Standalone Market, sending Indonesian stocks plunging as much as 11.4% on Friday.
U.S. Pre-Market Flat as Investors Await Fed Chair Warsh's Speech
U.S. stock futures were little changed as investors awaited Federal Reserve Chair Kevin Warsh's speech in Bangkok.
Wall Street Nervous Ahead of PPI After Stocks Slide
U.S. stock markets are under pressure as investors await Thursday's inflation report, following a sharp selloff on Wall Street.
ASML Says AI Demand Is So Strong It Can't Keep Up Through 2028
Dutch chipmaking giant ASML reported record quarterly revenue of €11.7 billion, up 55% year over year, as booming AI demand pushes semiconductor manufacturers to expand production. The company warned that demand for its equipment could exceed production capacity through 2028, with customers already discussing orders for 2029 and 2030.
SNDK Drops 21% in Three Weeks. Here's What Analysts Say
Sandisk (SNDK) has plunged 21.4% since September 22, falling from $1,887 to $1,482 as fears over Chinese memory-chip competition intensify. But historical trading data reveals something interesting: SNDK has suffered multiple corrections exceeding 20% before, even during its extraordinary rally.
SK Hynix Crashes 10% as China’s Memory Chip Breakthrough Sparks AI Stock Panic
South Korean chip giant SK Hynix plunged 10.09% on Tuesday, wiping out a significant portion of its market value as fears of a Chinese memory breakthrough rattled semiconductor investors.
Micron shares slide as China’s CXMT advances memory technology and Nadella warns on AI safety
Micron Technology shares fell Monday as investors weighed growing competition from China’s ChangXin Memory Technologies (CXMT) and renewed AI safety concerns following comments from Microsoft CEO Satya Nadella.
Microsoft CEO Nadella calls for brakes on advanced AI as safety concerns grow
A fresh wave of warnings from Microsoft, Anthropic and Broadcom executives has renewed concerns about the future of artificial intelligence, adding pressure to semiconductor stocks. Microsoft's latest AI safety warnings come just days after the Trump administration accused the company of abusing skilled-worker immigration programs, including the H-1B system. U.S. officials suspended Microsoft from a related green-card certification program amid allegations of fraud and improper hiring practices. Microsoft has denied the allegations. The headlines echo similar fears that rattled markets in August and September, despite continued strength in memory demand and chipmaker earnings.
Wall Street Posts Weekly Gains as S&P 500 Rises 1.2%
U.S. stocks finished the week of October 5–9 higher despite volatility in Treasury yields, oil prices and artificial intelligence shares. The S&P 500 gained 1.2%, the Dow rose 0.9%, and the Nasdaq climbed 0.6%, extending its winning streak to four weeks.
Treasury Auctions Draw Strong Demand Despite Surging Yields — CPI and Bank Earnings Are Next
U.S. Treasury auctions attracted substantial investor demand this week, easing fears of a disorderly bond selloff. But with 10-year yields above 5%, Wall Street's next test will come from inflation data, corporate earnings and the Federal Reserve.
Oil jumps more than 3% as Houthi attacks and Gulf shipping risks intensify
Oil prices surged more than 3% as a fresh wave of Houthi attacks on Saudi targets and a spike in tanker incidents around the Strait of Hormuz renewed fears over Middle East supply disruptions.
Fed minutes show most officials still see another rate hike this year
Federal Reserve officials unanimously backed September’s quarter-point rate hike, and most policymakers said another increase would likely be appropriate before year-end as inflation remains too high.
U.S. 10-year yield reverses lower after strong Treasury auction
The U.S. 10-year Treasury yield turned lower after a strong $39 billion note auction showed solid investor demand for longer-duration government debt, easing some of the pressure from an earlier bond selloff.
Morning update: Dollar and bond yields touching all time highs as oil holds near $90
The U.S. dollar and Treasury yields are pushing higher while crude oil remains near $90 a barrel. Volatility is up modestly but the VIX remains relatively contained near 16.
Michael Burry Sells Lululemon
Michael Burry has sold his Lululemon (LULU) position, but the move appears to be driven largely by tax-loss harvesting rather than a complete abandonment of his investment thesis.
If you invested $1,000 in Nike five years ago, here’s what you’d have today
A $1,000 investment in Nike five years ago would be worth only about $228 today, excluding dividends, after the stock lost more than three-quarters of its value.
S&P 500 and Nasdaq-100 Hit Record Highs
The S&P 500 and Nasdaq-100 have pushed to fresh all-time highs as falling oil prices, easing Treasury yields and relentless demand for AI-linked stocks keep the market rally alive.
3 Stocks Pelosis Are Buying
Public filings tied to Nancy Pelosi show recent household purchases in Bloom Energy, Intel and Alphabet, including sizable stock positions and long-dated call options.
Stock Market Is Muted as All Eyes Turn to Yields and the Dollar
U.S. stocks are trading in a narrow range as investors weigh stubbornly high Treasury yields against volatile oil prices, two forces that could determine the market’s next move.
Grindr Stock Is Sliding. Here’s What Investors Don’t Like About Its $250 Million Deal
Grindr shares have fallen sharply after the company agreed to buy healthcare platform PurposeMed for $250 million, raising concerns over cash use, dilution and a major strategic shift.
3 Stocks Bank of America Is Bullish On
Bank of America remains bullish on Nvidia, Micron and Intel as the firm expects AI infrastructure spending to remain a major growth driver.