Stocks finished the day higher on Tuesday, with the up 38 basis points. However, Tuesday’s move appeared to be driven more by a decline in implied volatility than by anything else. The one-day fell four points to close at 10.5 after rising to nearly 15 on July 13. The increase in volatility reflected uncertainty surrounding ...
Alibaba Group BABA is pulling artificial intelligence (AI) companion features from its Qwen platform as Beijing prepares to enforce sweeping new rules on humanlike AI services, even as the stock stages its sharpest rally in months on unrelated signs of operational improvement. Qwen’s humanlike and user-created agents stopped working on July 10, with wider agent ...
Fastenal’s (NASDAQ:) stock price declined following its Q2 earnings release, creating another solid entry point for investors. The worst that can be said about the report is that earnings were only in alignment with the consensus forecast, providing no immediate impetus for bullish behavior. However, “tepid” as the results may have been, the company revealed strengths ...
Semiconductor Index Correction Could Be Complete In our June 25 update on the semiconductor index (), we found, using the Elliott Wave Principle (EWP), that “the June 22 high is now labeled red Wave-iii [W-iii], and red Wave-iv [W-iv] is now underway, ideally targeting $10,870 – $11,765” Fast-forward to today: the index bottomed at $11,960 ...
Key Points The recent public offering of Space Exploration Technologies, also known as SpaceX, has given Elon Musk fans another investment option to consider, as Tesla (NASDAQ: TSLA) now has to share the spotlight. And at a market cap of around $1.5 trillion, it is firmly behind the rocket company, whose valuation was north of ...
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Friday (July 10) as of 10:00 p.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$63,884.43 , up by 0.9 percent over the past 24 hours. Simon-Peter Massabni, ...
Insiders are selling AI enablers such as Penguin Solutions and , but investors should think twice before doing so. AI is more than a one-company, one-system, or one-ecosystem solution; it is a global network of data, computing power, memory storage, and inference outputs that has yet to be fully realized. While insiders sell these stocks, ...
Primo Brands Corporation PRMB is benefiting from healthier hydration demand and a sharper premium-water mix. Those trends are helping sales recover after integration disruption. The issue is profitability. Freight, weather, service spending and integration costs are still limiting how much of that revenue momentum reaches earnings. Primo Brands Corporation Price, Consensus and EPS Surprise Primo ...
Several beaten-down large-cap stocks combine attractive valuations with strong rebound potential. Screening favored financially healthy companies trading well below fair value and analyst targets. The Trade Desk and Gartner stand out despite sharp declines and resilient underlying fundamentals. Wall Street delivered a strong first half of 2026. The S&P 500 gained 9.6%, while the Nasdaq ...
Key Points The Nasdaq Composite fell 0.7% as semiconductor losses dominated. Dow Jones held losses to just 0.2%, showing a split market favoring less capital-intensive businesses. Earnings season begins this week with major banks reporting results, providing either clarity or new questions in a complicated economy. 10 stocks we like better than NASDAQ Composite Index ...
