Listen to the audio version of this article (generated by AI). AI’s meltdown week… Luke Lango’s take on the selloff… data centers are on tomorrow’s ballot… so is the drone budget… Luke’s Pennsylvania Plan Friday put an exclamation point on a brutal month for the AI trade. By the closing bell, the Nasdaq had fallen … Read more
3 Warning Signs That Matter More Than the Midterm Elections
Russ Cohen
Why I still favor select AI stocks and why I’ve moved out of almost all my gold miners. Listen to the audio version of this article (generated by AI). Election Day is almost here. And Wall Street has plenty to worry about. Interest rates remain elevated, inflation remains sticky – and the AI skeptics are … Read more
A Political Surprise Could Hit Stocks – Here’s Where to Look Instead
Russ Cohen
A political surprise could spark a sell-off, but bigger forces are driving the market. Listen to the audio version of this article (generated by AI). Hello, Reader. Tomorrow, 36 states will elect governors, 46 states will vote on legislative seats, and thousands of local offices will be up for grabs. The forecasts call for the … Read more
The AI Test Alphabet Just Failed
Listen to the audio version of this article (generated by AI). Alphabet fails Wall Street’s new AI test… why Microsoft held up… the “peak AI spend” question… hot inflation, hotter GDP… Eric Fry on Brazil’s shock election In yesterday’s Digest, we said last night’s earnings from Microsoft Corp. (MSFT) and Alphabet Inc. (GOOGL) would show … Read more
The Fed Hit Pause, But the Energy Boom Is Just Getting Started…
Borrowing costs are still squeezing households. But one sector is delivering the growth I want to see. Listen to the audio version of this article (generated by AI). Liz Suder was living in an empty nest. She wanted to downsize. So, in April 2025, she listed her four-bed, 3.5-bath home in Murphy, Texas, for $750,000. … Read more
The Energy Stocks I’m Watching as Oil Prices Surge
Listen to the audio version of this article (generated by AI). October has been a month of contradictions… First, the September inflation data was horrific, igniting concerns that the Federal Reserve will continue raising interest rates. But Treasury yields declined sharply, with the 10-year Treasury yield falling from 5.3% on October 5 to just below … Read more