In our May 26 update on the Semiconductor Index, we found, using the Elliott Wave Principle (EWP), that “Based on Fibonacci relationships between 1st, 3rd, and 5th waves, we expect the smaller, green 5th Wave (W-5) to reach $13,400-14,000. Thus, the larger (red) W-iii is rapidly approaching its end, as its 5th wave (green W-5) ...
The Zacks Domestic Auto industry outlook appears muted. While vehicle sales have remained relatively resilient, industry volumes are expected to decline in 2026 as affordability challenges, high financing costs and economic uncertainty continue to weigh on demand. The EV market is also facing a slower-than-expected transition following the expiration of purchase incentives, creating another growth headwind ...
Software stocks rallied 45% off the lows — and the stocks worth holding are not the ones leading the charge Listen to the audio version of this article (generated by AI). Two months ago, software stocks were in freefall. Today, they’re within striking distance of all-time highs. Same companies. Same AI threat. Completely different prices. ...
If this manic market is making you queasy, I get it. So let’s talk about the perfect dividend payers for this volatility. Those would be two funds throwing off 8%+ payouts we can collect in peace. And because both are cheap (for now), they have a higher “floor” on pullbacks than the does. They’re both ...
MercadoLibre‘s MELI aggressive push into first-party (1P) commerce is emerging as a pressure point on the company’s profitability trajectory. While the strategy is demonstrably strengthening pricing competitiveness and buyer engagement across Latin America, the rapid scaling of inventory-led operations is introducing meaningful margin dilution at a moment when broader ecosystem spending remains heavily elevated. The ...
Key Highlights: Japan’s climbed as chip-related heavyweights surged. Asian markets eked out gains Tuesday, and oil eased from highs after Israel and Iran agreed to pause strikes, while investors bought the dip in semiconductor stocks. prices slipped Tuesday, erasing most of Monday’s gains after Iran and Israel said they’d halted strikes following an appeal from ...
Stocks rallied by about 30 bps on the day, which was a rather unimpressive showing for the given Friday’s sizeable decline. Additionally, implied volatility melted lower on Monday, with the falling by more than 12 points to close around 16, down from roughly 28. In reality, it was the rebound in semiconductor stocks that helped ...
Key Points For years, Tesla has served as investors’ primary public market vehicle for aligning with Elon Musk’s broader ambitions. A SpaceX IPO could reshape how investors value Tesla’s stock. Still, robotaxis, AI, and robotics could create enormous value if Tesla executes successfully. These 10 stocks could mint the next wave of millionaires › For ...
Nasdaq rebounds after falling 4.5% on Friday US futures are rising on Monday as chip stocks steady after plunging on Friday, although developments in the Middle East and expectations of tighter monetary policy could limit the upside. Shares in NVIDIA, Broadcom, and Micron Technology are higher, rebounding after a sharp sell-off on Friday that wiped ...
Listen to the audio version of this article (generated by AI). One of Wall Street’s hottest trades suddenly went ice cold last week. Semiconductor giant Broadcom, Inc. (AVGO) reported earnings after the bell last Wednesday. The company posted 48% year-over-year revenue growth and 54% year-over-year earnings growth. Both were a slight surprise. But ...